Pacer Advisors Inc. lifted its stake in W.R. Berkley Corporation (NYSE:WRB – Free Report) by 47.3% during the fourth quarter, HoldingsChannel reports. The fund owned 35,525 shares of the insurance provider’s stock after purchasing an additional 11,400 shares during the quarter. Pacer Advisors Inc.’s holdings in W.R. Berkley were worth $2,491,000 as of its most recent SEC filing.
Several other hedge funds and other institutional investors have also modified their holdings of WRB. Fjarde AP Fonden Fourth Swedish National Pension Fund grew its stake in shares of W.R. Berkley by 8.9% during the 3rd quarter. Fjarde AP Fonden Fourth Swedish National Pension Fund now owns 202,243 shares of the insurance provider’s stock worth $15,496,000 after acquiring an additional 16,450 shares in the last quarter. Principal Financial Group Inc. lifted its position in shares of W.R. Berkley by 4.9% in the third quarter. Principal Financial Group Inc. now owns 5,241,509 shares of the insurance provider’s stock worth $401,607,000 after purchasing an additional 242,546 shares in the last quarter. BI Asset Management Fondsmaeglerselskab A S lifted its position in shares of W.R. Berkley by 133.5% in the third quarter. BI Asset Management Fondsmaeglerselskab A S now owns 31,520 shares of the insurance provider’s stock worth $2,415,000 after purchasing an additional 18,022 shares in the last quarter. AlphaQuest LLC acquired a new position in W.R. Berkley during the third quarter worth $3,762,000. Finally, Stance Capital LLC grew its position in W.R. Berkley by 376.1% in the third quarter. Stance Capital LLC now owns 48,119 shares of the insurance provider’s stock valued at $3,687,000 after purchasing an additional 38,013 shares in the last quarter. 68.82% of the stock is currently owned by hedge funds and other institutional investors.
Wall Street Analysts Forecast Growth
A number of analysts recently issued reports on WRB shares. Bank of America lowered their target price on W.R. Berkley from $68.00 to $67.00 and set a “neutral” rating on the stock in a research report on Tuesday, April 14th. Evercore reiterated an “underperform” rating on shares of W.R. Berkley in a research note on Monday, March 9th. Wells Fargo & Company lowered their target price on shares of W.R. Berkley from $66.00 to $64.00 and set an “equal weight” rating on the stock in a report on Wednesday, April 22nd. Morgan Stanley dropped their price target on shares of W.R. Berkley from $73.00 to $72.00 and set an “equal weight” rating on the stock in a research report on Monday, April 6th. Finally, UBS Group set a $68.00 price objective on shares of W.R. Berkley and gave the company a “neutral” rating in a research report on Monday, April 27th. Two equities research analysts have rated the stock with a Buy rating, thirteen have assigned a Hold rating and three have issued a Sell rating to the company. Based on data from MarketBeat.com, the stock presently has an average rating of “Reduce” and a consensus price target of $68.81.
Key W.R. Berkley News
Here are the key news stories impacting W.R. Berkley this week:
- Positive Sentiment: Zacks Research raised multiple future earnings estimates for W.R. Berkley, including FY2026, FY2028, Q1 2027, Q3 2027, and Q4 2027, signaling improved profit expectations.
- Positive Sentiment: The company’s most recent quarterly results beat analyst expectations, with EPS and revenue both coming in above consensus, reinforcing the view that operating performance remains solid.
- Neutral Sentiment: Some near-term estimates were trimmed slightly for Q2 2026, Q2 2027, Q3 2026, and Q4 2026, but the changes were relatively small compared with the upward revisions to later periods.
- Neutral Sentiment: A Zacks “Strong Growth Stock” style note may add sentiment support, but it appears more educational/ratings-based than a direct fundamental catalyst. Article Title
W.R. Berkley Stock Performance
NYSE WRB opened at $65.97 on Friday. The firm has a 50-day moving average price of $66.76 and a two-hundred day moving average price of $69.69. W.R. Berkley Corporation has a 12-month low of $63.67 and a 12-month high of $78.96. The company has a market capitalization of $24.56 billion, a P/E ratio of 13.98, a P/E/G ratio of 3.11 and a beta of 0.33. The company has a quick ratio of 0.36, a current ratio of 0.36 and a debt-to-equity ratio of 0.29.
W.R. Berkley (NYSE:WRB – Get Free Report) last announced its quarterly earnings data on Tuesday, April 21st. The insurance provider reported $1.30 EPS for the quarter, beating the consensus estimate of $1.13 by $0.17. The business had revenue of $3.69 billion during the quarter, compared to the consensus estimate of $3.18 billion. W.R. Berkley had a net margin of 12.64% and a return on equity of 18.92%. The company’s revenue was up 1.3% on a year-over-year basis. During the same period in the previous year, the business earned $1.01 earnings per share. Analysts anticipate that W.R. Berkley Corporation will post 4.65 earnings per share for the current year.
Insider Activity
In related news, major shareholder Sumitomo Insurance Co L. Mitsui bought 345,000 shares of the stock in a transaction that occurred on Thursday, February 19th. The stock was acquired at an average cost of $70.65 per share, with a total value of $24,374,250.00. Following the transaction, the insider directly owned 57,508,038 shares in the company, valued at approximately $4,062,942,884.70. This trade represents a 0.60% increase in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at the SEC website. Insiders have acquired a total of 2,183,798 shares of company stock worth $155,530,321 over the last ninety days. 23.30% of the stock is currently owned by company insiders.
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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