Verisk Analytics, Inc. $VRSK Stock Holdings Boosted by KLP Kapitalforvaltning AS

KLP Kapitalforvaltning AS lifted its position in shares of Verisk Analytics, Inc. (NASDAQ:VRSK) by 2.9% in the 2nd quarter, according to its most recent disclosure with the SEC. The fund owned 84,770 shares of the business services provider’s stock after acquiring an additional 2,400 shares during the period. KLP Kapitalforvaltning AS owned 0.06% of Verisk Analytics worth $26,406,000 as of its most recent filing with the SEC.

A number of other institutional investors and hedge funds have also recently bought and sold shares of the stock. Cullen Frost Bankers Inc. grew its position in Verisk Analytics by 1.1% in the 1st quarter. Cullen Frost Bankers Inc. now owns 3,175 shares of the business services provider’s stock valued at $945,000 after buying an additional 35 shares in the last quarter. UMB Bank n.a. grew its position in Verisk Analytics by 0.4% in the 2nd quarter. UMB Bank n.a. now owns 9,017 shares of the business services provider’s stock valued at $2,809,000 after buying an additional 35 shares in the last quarter. Private Trust Co. NA grew its position in Verisk Analytics by 10.2% in the 1st quarter. Private Trust Co. NA now owns 389 shares of the business services provider’s stock valued at $116,000 after buying an additional 36 shares in the last quarter. Frank Rimerman Advisors LLC grew its position in Verisk Analytics by 3.3% in the 1st quarter. Frank Rimerman Advisors LLC now owns 1,177 shares of the business services provider’s stock valued at $350,000 after buying an additional 38 shares in the last quarter. Finally, EWA LLC grew its position in Verisk Analytics by 3.6% in the 2nd quarter. EWA LLC now owns 1,105 shares of the business services provider’s stock valued at $344,000 after buying an additional 38 shares in the last quarter. Institutional investors own 90.00% of the company’s stock.

Analyst Upgrades and Downgrades

A number of equities analysts recently issued reports on the stock. Raymond James Financial set a $315.00 target price on shares of Verisk Analytics and gave the company an “outperform” rating in a research report on Monday, August 4th. Weiss Ratings reiterated a “buy (b-)” rating on shares of Verisk Analytics in a research report on Saturday, September 27th. Wells Fargo & Company cut their price target on shares of Verisk Analytics from $340.00 to $334.00 and set an “overweight” rating for the company in a report on Wednesday, September 17th. Seaport Res Ptn raised shares of Verisk Analytics to a “strong-buy” rating in a report on Wednesday, October 1st. Finally, Morgan Stanley upped their price target on shares of Verisk Analytics from $317.00 to $319.00 and gave the company an “equal weight” rating in a report on Thursday, July 31st. One research analyst has rated the stock with a Strong Buy rating, six have issued a Buy rating, four have assigned a Hold rating and one has assigned a Sell rating to the stock. According to MarketBeat.com, Verisk Analytics currently has an average rating of “Moderate Buy” and a consensus target price of $311.00.

Insiders Place Their Bets

In other Verisk Analytics news, Director Christopher John Perry acquired 1,000 shares of Verisk Analytics stock in a transaction dated Wednesday, August 13th. The stock was bought at an average cost of $259.80 per share, with a total value of $259,800.00. Following the completion of the transaction, the director owned 1,773 shares of the company’s stock, valued at $460,625.40. The trade was a 129.37% increase in their ownership of the stock. The acquisition was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, CFO Elizabeth Mann sold 300 shares of the stock in a transaction that occurred on Tuesday, September 16th. The shares were sold at an average price of $254.72, for a total value of $76,416.00. Following the completion of the sale, the chief financial officer directly owned 15,165 shares of the company’s stock, valued at $3,862,828.80. This represents a 1.94% decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders sold a total of 8,520 shares of company stock valued at $2,273,891 over the last ninety days. 0.46% of the stock is owned by insiders.

Verisk Analytics Price Performance

VRSK stock opened at $246.09 on Wednesday. The company has a current ratio of 1.53, a quick ratio of 1.53 and a debt-to-equity ratio of 10.34. Verisk Analytics, Inc. has a one year low of $239.83 and a one year high of $322.92. The firm has a market capitalization of $34.38 billion, a PE ratio of 37.92, a P/E/G ratio of 3.47 and a beta of 0.85. The firm has a 50-day moving average of $260.93 and a two-hundred day moving average of $287.55.

Verisk Analytics (NASDAQ:VRSK) last issued its earnings results on Wednesday, July 30th. The business services provider reported $1.88 earnings per share for the quarter, beating analysts’ consensus estimates of $1.77 by $0.11. Verisk Analytics had a return on equity of 460.89% and a net margin of 30.67%.The company had revenue of $772.60 million for the quarter, compared to the consensus estimate of $767.91 million. During the same quarter in the prior year, the company earned $1.74 EPS. The firm’s quarterly revenue was up 7.8% on a year-over-year basis. Verisk Analytics has set its FY 2025 guidance at 6.800-7.000 EPS. On average, analysts forecast that Verisk Analytics, Inc. will post 6.63 earnings per share for the current year.

Verisk Analytics Dividend Announcement

The business also recently declared a quarterly dividend, which was paid on Tuesday, September 30th. Shareholders of record on Monday, September 15th were issued a dividend of $0.45 per share. This represents a $1.80 annualized dividend and a yield of 0.7%. The ex-dividend date was Monday, September 15th. Verisk Analytics’s dividend payout ratio (DPR) is 27.73%.

Verisk Analytics Company Profile

Verisk Analytics, Inc provides data analytics and technology solutions to the insurance markets in the United States and internationally. It offers policy language, prospective loss costs, policy writing and rating rules, and various underwriting solutions for risk selection and segmentation, pricing, and workflow optimization; property- and auto- specific rating and underwriting information solutions that allows clients to understand, quantify, underwrite, mitigate, and avoid potential loss for risks; catastrophe modeling solutions, which enables companies to identify, quantify, and plan for the financial consequences of catastrophes for use by insurers, reinsurers, intermediaries, financial institutions, and governments.