Vanguard Group Inc. Boosts Holdings in Verisk Analytics, Inc. $VRSK

Vanguard Group Inc. boosted its stake in shares of Verisk Analytics, Inc. (NASDAQ:VRSK) by 1.0% during the 2nd quarter, Holdings Channel.com reports. The firm owned 16,894,802 shares of the business services provider’s stock after purchasing an additional 161,213 shares during the quarter. Vanguard Group Inc. owned about 0.12% of Verisk Analytics worth $5,262,731,000 as of its most recent filing with the SEC.

Other institutional investors have also modified their holdings of the company. UMB Bank n.a. boosted its stake in shares of Verisk Analytics by 0.4% in the second quarter. UMB Bank n.a. now owns 9,017 shares of the business services provider’s stock worth $2,809,000 after buying an additional 35 shares during the last quarter. NBT Bank N A NY lifted its holdings in Verisk Analytics by 11.4% in the second quarter. NBT Bank N A NY now owns 341 shares of the business services provider’s stock valued at $106,000 after acquiring an additional 35 shares during the period. Tranquility Partners LLC lifted its holdings in Verisk Analytics by 1.1% in the second quarter. Tranquility Partners LLC now owns 3,231 shares of the business services provider’s stock valued at $1,006,000 after acquiring an additional 35 shares during the period. Frank Rimerman Advisors LLC boosted its position in Verisk Analytics by 3.3% in the 1st quarter. Frank Rimerman Advisors LLC now owns 1,177 shares of the business services provider’s stock worth $350,000 after purchasing an additional 38 shares in the last quarter. Finally, EWA LLC grew its stake in shares of Verisk Analytics by 3.6% during the 2nd quarter. EWA LLC now owns 1,105 shares of the business services provider’s stock worth $344,000 after purchasing an additional 38 shares during the period. Hedge funds and other institutional investors own 90.00% of the company’s stock.

Analysts Set New Price Targets

Several equities analysts have recently weighed in on VRSK shares. Wells Fargo & Company cut their target price on shares of Verisk Analytics from $334.00 to $300.00 and set an “overweight” rating for the company in a report on Thursday, October 30th. Raymond James Financial set a $315.00 price objective on shares of Verisk Analytics and gave the company an “outperform” rating in a report on Monday, August 4th. Wolfe Research initiated coverage on shares of Verisk Analytics in a research note on Wednesday, September 3rd. They set an “outperform” rating and a $320.00 target price on the stock. Rothschild Redb cut Verisk Analytics from a “hold” rating to a “strong sell” rating in a research report on Thursday, October 16th. Finally, Morgan Stanley upped their price target on Verisk Analytics from $317.00 to $319.00 and gave the stock an “equal weight” rating in a report on Thursday, July 31st. One equities research analyst has rated the stock with a Strong Buy rating, seven have issued a Buy rating, seven have assigned a Hold rating and three have issued a Sell rating to the stock. Based on data from MarketBeat.com, the company presently has an average rating of “Hold” and a consensus target price of $282.14.

Verisk Analytics Stock Up 0.9%

Shares of NASDAQ VRSK opened at $224.87 on Thursday. The firm has a market cap of $31.34 billion, a price-to-earnings ratio of 34.28, a price-to-earnings-growth ratio of 2.75 and a beta of 0.84. The company’s 50-day simple moving average is $235.17 and its 200-day simple moving average is $273.62. The company has a quick ratio of 1.53, a current ratio of 1.19 and a debt-to-equity ratio of 8.55. Verisk Analytics, Inc. has a 52-week low of $196.99 and a 52-week high of $322.92.

Verisk Analytics (NASDAQ:VRSK) last issued its quarterly earnings results on Wednesday, October 29th. The business services provider reported $1.72 earnings per share for the quarter, beating analysts’ consensus estimates of $1.70 by $0.02. Verisk Analytics had a net margin of 30.42% and a return on equity of 425.42%. The firm had revenue of $768.30 million for the quarter, compared to analyst estimates of $776.04 million. During the same period last year, the company posted $1.67 EPS. Verisk Analytics’s quarterly revenue was up 5.9% compared to the same quarter last year. Verisk Analytics has set its FY 2025 guidance at 6.800-7.000 EPS. Equities analysts predict that Verisk Analytics, Inc. will post 6.63 EPS for the current fiscal year.

Verisk Analytics Announces Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Wednesday, December 31st. Investors of record on Monday, December 15th will be paid a $0.45 dividend. This represents a $1.80 annualized dividend and a yield of 0.8%. The ex-dividend date of this dividend is Monday, December 15th. Verisk Analytics’s dividend payout ratio is currently 27.44%.

Insider Buying and Selling

In other Verisk Analytics news, Director Sabra R. Purtill bought 450 shares of the stock in a transaction on Friday, October 31st. The shares were bought at an average price of $217.95 per share, with a total value of $98,077.50. Following the purchase, the director directly owned 1,327 shares in the company, valued at $289,219.65. This trade represents a 51.31% increase in their position. The transaction was disclosed in a legal filing with the SEC, which is available through this hyperlink. Also, Director Gregory Hendrick bought 500 shares of the company’s stock in a transaction dated Friday, October 31st. The shares were acquired at an average cost of $216.14 per share, with a total value of $108,070.00. Following the acquisition, the director directly owned 2,536 shares of the company’s stock, valued at approximately $548,131.04. This represents a 24.56% increase in their ownership of the stock. The SEC filing for this purchase provides additional information. In the last ninety days, insiders have bought 1,450 shares of company stock worth $314,663 and have sold 7,420 shares worth $1,889,171. Company insiders own 0.46% of the company’s stock.

Verisk Analytics Company Profile

Verisk Analytics, Inc provides data analytics and technology solutions to the insurance markets in the United States and internationally. It offers policy language, prospective loss costs, policy writing and rating rules, and various underwriting solutions for risk selection and segmentation, pricing, and workflow optimization; property- and auto- specific rating and underwriting information solutions that allows clients to understand, quantify, underwrite, mitigate, and avoid potential loss for risks; catastrophe modeling solutions, which enables companies to identify, quantify, and plan for the financial consequences of catastrophes for use by insurers, reinsurers, intermediaries, financial institutions, and governments.