Representative Gilbert Ray Cisneros, Jr. (Democratic-California) recently sold shares of W.R. Berkley Corporation (NYSE:WRB). In a filing disclosed on June 08th, the Representative disclosed that they had sold between $1,001 and $15,000 in W.R. Berkley stock on May 7th. The trade occurred in the Representative’s “150 MAIN STREET TRUST > BANK OF AMERICA” account.
Representative Gilbert Ray Cisneros, Jr. also recently made the following trade(s):
- Purchased $1,001 – $15,000 in shares of SoftBank Group (OTCMKTS:SFTBF) on 6/2/2026.
- Purchased $1,001 – $15,000 in shares of Ciena (NYSE:CIEN) on 5/29/2026.
- Sold $1,001 – $15,000 in shares of AutoZone (NYSE:AZO) on 5/29/2026.
- Purchased $1,001 – $15,000 in shares of Independent Bank (NASDAQ:INDB) on 5/29/2026.
- Purchased $1,001 – $15,000 in shares of Arcutis Biotherapeutics (NASDAQ:ARQT) on 5/29/2026.
- Purchased $1,001 – $15,000 in shares of HealthEquity (NASDAQ:HQY) on 5/29/2026.
- Purchased $1,001 – $15,000 in shares of Boston Scientific (NYSE:BSX) on 5/29/2026.
- Purchased $1,001 – $15,000 in shares of Perella Weinberg Partners (NASDAQ:PWP) on 5/29/2026.
- Purchased $1,001 – $15,000 in shares of Cooper Companies (NASDAQ:COO) on 5/29/2026.
- Purchased $1,001 – $15,000 in shares of Ligand Pharmaceuticals (NASDAQ:LGND) on 5/29/2026.
W.R. Berkley Trading Up 1.4%
Shares of NYSE:WRB traded up $0.94 during midday trading on Wednesday, hitting $68.16. 1,531,570 shares of the stock traded hands, compared to its average volume of 2,244,766. The stock has a market capitalization of $25.38 billion, a PE ratio of 14.44, a P/E/G ratio of 3.16 and a beta of 0.30. The business’s 50 day moving average is $66.49 and its two-hundred day moving average is $68.66. 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 Corporation has a one year low of $62.87 and a one year high of $78.96.
W.R. Berkley Increases Dividend
The company also recently disclosed a quarterly dividend, which will be paid on Thursday, July 2nd. Stockholders of record on Tuesday, June 23rd will be paid a dividend of $0.10 per share. This represents a $0.40 annualized dividend and a dividend yield of 0.6%. This is a positive change from W.R. Berkley’s previous quarterly dividend of $0.09. The ex-dividend date of this dividend is Tuesday, June 23rd. W.R. Berkley’s payout ratio is currently 7.63%.
Key Headlines Impacting W.R. Berkley
Here are the key news stories impacting W.R. Berkley this week:
- Positive Sentiment: W.R. Berkley remains a top-ranked momentum stock in Zacks’ screening, which can attract investors looking for stocks with strong relative price strength and favorable trend signals. Article Title
- Positive Sentiment: Analysts have been nudging earnings expectations higher for future periods, including a raise to Q1 2028 EPS and FY2028 EPS, reinforcing confidence in WRB’s long-term earnings power. Article Title
- Positive Sentiment: The company recently increased its dividend by more than 11%, signaling management’s confidence in cash generation and capital returns to shareholders. Article Title
- Neutral Sentiment: The passing of founder and Executive Chairman William R. Berkley is a meaningful corporate event, but the business has highlighted continuity and a long-established operating culture, so the near-term stock impact is uncertain. Article Title
- Neutral Sentiment: W.R. Berkley also continues to emphasize capital returns through dividends and buybacks, which supports the investment case but is largely in line with its existing shareholder-friendly strategy. Article Title
Analyst Upgrades and Downgrades
WRB has been the topic of several research analyst reports. Truist Financial reduced their price target on shares of W.R. Berkley from $80.00 to $78.00 and set a “buy” rating on the stock in a research report on Wednesday, April 22nd. Keefe, Bruyette & Woods reduced their price target on shares of W.R. Berkley from $74.00 to $66.00 and set a “market perform” rating on the stock in a research report on Wednesday, April 1st. Wall Street Zen upgraded shares of W.R. Berkley from a “sell” rating to a “hold” rating in a research report on Saturday, April 25th. Brean Capital cut shares of 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, Morgan Stanley reduced 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. Three research 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’s stock. According to MarketBeat.com, the company has an average rating of “Reduce” and a consensus target price of $68.44.
View Our Latest Research Report on W.R. Berkley
Institutional Investors Weigh In On W.R. Berkley
A number of hedge funds and other institutional investors have recently bought and sold shares of the business. First Nebraska Trust Co bought a new position in shares of W.R. Berkley in the first quarter worth approximately $230,000. Segall Bryant & Hamill LLC bought a new position in shares of W.R. Berkley in the first quarter worth approximately $692,000. Western Wealth Management LLC bought a new position in shares of W.R. Berkley in the first quarter worth approximately $177,000. Bank of America Corp DE lifted its stake in shares of W.R. Berkley by 23.4% in the first quarter. Bank of America Corp DE now owns 2,904,522 shares of the insurance provider’s stock worth $192,512,000 after buying an additional 550,560 shares in the last quarter. Finally, Empire Financial Management Company LLC lifted its stake in shares of W.R. Berkley by 6.5% in the first quarter. Empire Financial Management Company LLC now owns 23,604 shares of the insurance provider’s stock worth $1,565,000 after buying an additional 1,446 shares in the last quarter. Hedge funds and other institutional investors own 68.82% of the company’s stock.
About Representative Cisneros
Gil Cisneros (Democratic Party) is a member of the U.S. House, representing California’s 31st Congressional District. He assumed office on January 3, 2025. His current term ends on January 3, 2027.
Cisneros (Democratic Party) is running for re-election to the U.S. House to represent California’s 31st Congressional District. He declared candidacy for the 2026 election.
Gil Cisneros served in the U.S. Navy as a supply officer from 1994 to 2004. Cisneros earned a bachelor’s degree in political science from George Washington University in 1994, a master’s in business administration from Regis University in 2002, and a master’s degree in urban education policy from Brown University in 2015. His career experience includes working as a logistics manager for Frito-Lay. In 2010, Cisneros won the lottery and became involved in activism and philanthropy, founding a scholarship program for local high school students. In 2021, President Joe Biden (D) appointed Cisneros as under secretary of defense for personnel and readiness.
About W.R. Berkley
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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