Mirae Asset Global Investments Co. Ltd. grew its stake in shares of W.R. Berkley Corporation (NYSE:WRB – Free Report) by 27.8% during the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund owned 50,121 shares of the insurance provider’s stock after buying an additional 10,893 shares during the period. Mirae Asset Global Investments Co. Ltd.’s holdings in W.R. Berkley were worth $3,514,000 as of its most recent filing with the Securities and Exchange Commission.
A number of other hedge funds and other institutional investors have also recently added to or reduced their stakes in the stock. State Street Corp boosted its holdings in W.R. Berkley by 1.0% during the third quarter. State Street Corp now owns 14,921,114 shares of the insurance provider’s stock worth $1,143,256,000 after buying an additional 149,605 shares during the last quarter. Jefferies Financial Group Inc. bought a new position in W.R. Berkley during the third quarter worth about $682,816,000. Principal Financial Group Inc. boosted its holdings in W.R. Berkley by 4.9% during the third quarter. Principal Financial Group Inc. now owns 5,241,509 shares of the insurance provider’s stock worth $401,607,000 after buying an additional 242,546 shares during the last quarter. Invesco Ltd. raised its position in shares of W.R. Berkley by 33.4% during the third quarter. Invesco Ltd. now owns 4,892,799 shares of the insurance provider’s stock worth $374,886,000 after purchasing an additional 1,224,363 shares during the period. Finally, First Trust Advisors LP raised its position in shares of W.R. Berkley by 6.6% during the third quarter. First Trust Advisors LP now owns 4,220,936 shares of the insurance provider’s stock worth $323,408,000 after purchasing an additional 262,187 shares during the period. Institutional investors own 68.82% of the company’s stock.
W.R. Berkley Stock Down 1.3%
WRB stock opened at $65.35 on Wednesday. The company has a quick ratio of 0.37, a current ratio of 0.37 and a debt-to-equity ratio of 0.29. The business has a 50 day moving average price of $68.17 and a two-hundred day moving average price of $70.70. The company has a market cap of $24.47 billion, a price-to-earnings ratio of 14.68, a P/E/G ratio of 2.77 and a beta of 0.37. W.R. Berkley Corporation has a twelve month low of $63.67 and a twelve month high of $78.96.
W.R. Berkley Dividend Announcement
The firm also recently announced a quarterly dividend, which was paid on Wednesday, March 4th. Stockholders of record on Monday, February 23rd were paid a dividend of $0.09 per share. This represents a $0.36 annualized dividend and a dividend yield of 0.6%. The ex-dividend date was Monday, February 23rd. W.R. Berkley’s payout ratio is currently 8.09%.
Insider Activity at W.R. Berkley
In other W.R. Berkley news, major shareholder Sumitomo Insurance Co L. Mitsui bought 370,000 shares of W.R. Berkley stock in a transaction dated Monday, January 26th. The stock was bought at an average cost of $67.07 per share, for a total transaction of $24,815,900.00. Following the purchase, the insider owned 54,959,504 shares of the company’s stock, valued at $3,686,133,933.28. The trade was a 0.68% increase in their position. The purchase was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this hyperlink. In the last ninety days, insiders purchased 4,848,946 shares of company stock worth $335,960,638. Insiders own 23.00% of the company’s stock.
W.R. Berkley News Summary
Here are the key news stories impacting W.R. Berkley this week:
- Positive Sentiment: Q1 earnings beat expectations — WRB reported roughly $1.30–$1.31 EPS, topping consensus and rising year‑over‑year, showing stronger profitability. W. R. Berkley Corporation Reports First Quarter 2026 Results
- Positive Sentiment: Premiums and net income grew — gross and net written premiums increased year-over-year and net income/diluted EPS rose versus prior year, supporting underwriting momentum. MarketBeat Q1 summary and press release
- Neutral Sentiment: Analyst commentary and metric reviews — Zacks and other outlets highlight key ratios (net margin, ROE) and compare metrics to estimates, useful for deeper modeling but not read‑throughs by themselves. W.R. Berkley (WRB) Reports Q1 Earnings: What Key Metrics Have to Say
- Negative Sentiment: Reserve concerns are drawing attention — analysts and press note reserve adequacy/questions about loss reserves, which can pressure insurer multiples and prompt investor caution. W.R. Berkley faces earnings test as reserve concerns mount
- Negative Sentiment: Conflicting revenue headlines — while several reports show revenue above some estimates, at least one headline flagged a revenue miss, adding short‑term confusion and volatility. W R Berkley (NYSE:WRB) misses Q1 CY2026 revenue estimates
Analyst Upgrades and Downgrades
A number of equities research analysts have recently commented on the company. TD Cowen lowered W.R. Berkley from a “buy” rating to a “sell” rating and dropped their price target for the stock from $77.00 to $55.00 in a research report on Tuesday, January 20th. Mizuho dropped their price target on W.R. Berkley from $69.00 to $67.00 and set a “neutral” rating on the stock in a research report on Tuesday, January 27th. Cantor Fitzgerald lowered W.R. Berkley from an “overweight” rating to a “neutral” rating and dropped their price target for the stock from $75.00 to $71.00 in a research report on Thursday, April 9th. Brean Capital lowered W.R. Berkley from a “buy” rating to a “neutral” rating and set a $73.00 price target on the stock. in a research report on Wednesday, March 25th. Finally, Truist Financial set a $80.00 price target on W.R. Berkley and gave the stock a “buy” rating in a research report on Tuesday, January 27th. Three analysts have rated the stock with a Buy rating, eleven have assigned a Hold rating and four have assigned a Sell rating to the company. According to data from MarketBeat.com, W.R. Berkley currently has an average rating of “Reduce” and an average price target of $68.75.
Get Our Latest Stock Analysis on W.R. Berkley
W.R. Berkley Profile
W. R. Berkley Corporation (NYSE: WRB) is a publicly traded insurance holding company that underwrites and sells commercial property and casualty insurance, specialty insurance products, and reinsurance. Headquartered in Greenwich, Connecticut, the company operates a portfolio of underwriting businesses that focus on niche and specialty commercial risks, offering coverage tailored to industries such as transportation, construction, professional services and other commercial lines.
The company’s product mix includes primary and excess casualty, property, professional liability, environmental and other specialty lines, together with treaty and facultative reinsurance solutions.
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