DOWLING & PARTN initiated coverage on shares of Markel Group (NYSE:MKL – Free Report) in a research note issued to investors on Wednesday morning,Zacks reports. The brokerage issued a hold rating on the insurance provider’s stock. DOWLING & PARTN also issued estimates for Markel Group’s FY2026 earnings at $105.00 EPS and FY2027 earnings at $125.00 EPS.
A number of other brokerages have also issued reports on MKL. Wall Street Zen raised Markel Group from a “sell” rating to a “hold” rating in a research report on Saturday, August 1st. Weiss Ratings downgraded Markel Group from a “buy (b-)” rating to a “hold (c+)” rating in a report on Wednesday, October 28th. Five investment analysts have rated the stock with a Hold rating and one has issued a Sell rating to the company. Based on data from MarketBeat, the stock presently has an average rating of “Reduce” and an average target price of $2,025.00.
Check Out Our Latest Research Report on Markel Group
Markel Group Price Performance
Markel Group stock traded down $10.93 during mid-day trading on Wednesday, hitting $1,938.99. The company’s stock had a trading volume of 72,096 shares, compared to its average volume of 64,621. The stock has a market capitalization of $23.71 billion, a P/E ratio of 13.78 and a beta of 0.60. Markel Group has a twelve month low of $1,704.17 and a twelve month high of $2,207.59. The stock’s fifty day moving average price is $1,810.43 and its two-hundred day moving average price is $1,895.79. The company has a quick ratio of 0.66, a current ratio of 0.66 and a debt-to-equity ratio of 0.24.
Institutional Trading of Markel Group
Several large investors have recently added to or reduced their stakes in the company. BlackRock Inc. acquired a new stake in shares of Markel Group in the second quarter worth $1,362,880,000. Dimensional Fund Advisors LP raised its position in Markel Group by 4.9% during the first quarter. Dimensional Fund Advisors LP now owns 136,985 shares of the insurance provider’s stock valued at $262,172,000 after buying an additional 6,428 shares during the period. Bank of America Corp DE purchased a new stake in Markel Group in the 2nd quarter worth about $231,608,000. Aberdeen Group plc lifted its stake in Markel Group by 1,592.9% in the 3rd quarter. Aberdeen Group plc now owns 120,384 shares of the insurance provider’s stock worth $206,152,000 after acquiring an additional 113,273 shares in the last quarter. Finally, Davis Asset Management L.P. acquired a new stake in Markel Group during the 2nd quarter worth about $179,882,000. 77.12% of the stock is owned by institutional investors and hedge funds.
About Markel Group
Markel Group Inc (NYSE: MKL) is a diversified holding company focused on specialty insurance, reinsurance, investments and industrial businesses. Through its insurance operations, the company provides coverage for risks that may be complex, specialized or underserved by standard insurance markets.
Markel’s insurance offerings include property and casualty coverage, professional liability, marine and energy insurance, workers’ compensation, and other specialty products. Its reinsurance business assumes portions of risk from other insurers.
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