W.R. Berkley (NYSE:WRB – Get Free Report) had its price target hoisted by equities researchers at Mizuho from $72.00 to $74.00 in a report released on Tuesday,Benzinga reports. The brokerage presently has a “neutral” rating on the insurance provider’s stock. Mizuho’s price target would suggest a potential upside of 1.77% from the stock’s current price.
WRB has been the subject of several other reports. Argus downgraded shares of W.R. Berkley from a “buy” rating to a “hold” rating in a report on Monday, April 27th. The Goldman Sachs Group raised shares of W.R. Berkley from a “neutral” rating to a “buy” rating and upped their price target for the company from $71.00 to $73.00 in a research report on Monday, June 8th. Evercore reaffirmed an “underperform” rating and set a $68.00 target price on shares of W.R. Berkley in a research note on Friday, July 10th. UBS Group set a $68.00 target price on W.R. Berkley and gave the stock a “neutral” rating in a report on Monday, April 27th. Finally, Truist Financial dropped their price target on W.R. Berkley from $80.00 to $78.00 and set a “buy” rating on the stock in a research note on Wednesday, April 22nd. Three analysts have rated the stock with a Buy rating, nine have issued a Hold rating and six have issued a Sell rating to the company’s stock. According to MarketBeat.com, the stock has an average rating of “Reduce” and an average price target of $70.12.
Check Out Our Latest Report on WRB
W.R. Berkley Stock Performance
W.R. Berkley (NYSE:WRB – Get Free Report) last released its quarterly earnings results on Monday, July 20th. The insurance provider reported $1.27 earnings per share for the quarter, beating the consensus estimate of $1.09 by $0.18. W.R. Berkley had a net margin of 12.64% and a return on equity of 18.92%. The firm had revenue of $3.72 billion for the quarter, compared to analysts’ expectations of $3.28 billion. During the same period in the prior year, the firm earned $1.05 EPS. The business’s revenue was up 2.4% on a year-over-year basis. On average, equities research analysts expect that W.R. Berkley will post 4.66 earnings per share for the current year.
Institutional Investors Weigh In On W.R. Berkley
Hedge funds have recently added to or reduced their stakes in the company. Mitsui Sumitomo Insurance Co. Ltd. bought a new position in shares of W.R. Berkley in the 4th quarter worth $3,542,919,000. Vanguard Group Inc. increased its stake in W.R. Berkley by 0.8% during the 4th quarter. Vanguard Group Inc. now owns 37,033,581 shares of the insurance provider’s stock valued at $2,596,795,000 after purchasing an additional 309,828 shares in the last quarter. State Street Corp raised 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. Norges Bank bought a new position in shares of W.R. Berkley in the fourth quarter valued at $435,752,000. Finally, Invesco Ltd. lifted its stake in shares of W.R. Berkley by 0.4% in the fourth quarter. Invesco Ltd. now owns 4,913,337 shares of the insurance provider’s stock valued at $344,523,000 after buying an additional 20,538 shares in the last quarter. Institutional investors and hedge funds own 68.82% of the company’s stock.
W.R. Berkley News Summary
Here are the key news stories impacting W.R. Berkley this week:
- Positive Sentiment: W.R. Berkley reported Q2 2026 earnings of $1.27 per share, ahead of the $1.09 consensus, and net income to common stockholders rose to $452.3 million from $401.3 million a year ago. Article Title
- Positive Sentiment: The company’s underwriting remained strong, supporting profitability and reinforcing the view that core insurance operations are performing well. Article Title
- Neutral Sentiment: Gross premiums written increased to $4.14 billion from $3.98 billion, showing continued top-line growth in the insurance business. Article Title
- Negative Sentiment: Revenue came in below expectations at $3.72 billion versus the $3.28 billion estimate, and several reports highlighted the revenue shortfall as a drag on sentiment. Article Title
W.R. Berkley Company 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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