Fifth Third Wealth Advisors LLC Purchases 77 Shares of Verisk Analytics, Inc. $VRSK

Fifth Third Wealth Advisors LLC raised its position in shares of Verisk Analytics, Inc. (NASDAQ:VRSK) by 4.2% in the second quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 1,904 shares of the business services provider’s stock after acquiring an additional 77 shares during the period. Fifth Third Wealth Advisors LLC’s holdings in Verisk Analytics were worth $593,000 as of its most recent SEC filing.

A number of other hedge funds also recently bought and sold shares of VRSK. Nuveen LLC bought a new stake in shares of Verisk Analytics in the first quarter valued at about $508,611,000. Ameriprise Financial Inc. lifted its stake in shares of Verisk Analytics by 631.0% in the first quarter. Ameriprise Financial Inc. now owns 1,415,439 shares of the business services provider’s stock valued at $422,676,000 after buying an additional 1,221,798 shares during the period. Invesco Ltd. lifted its stake in shares of Verisk Analytics by 36.0% in the first quarter. Invesco Ltd. now owns 2,251,051 shares of the business services provider’s stock valued at $669,958,000 after buying an additional 596,225 shares during the period. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC lifted its stake in shares of Verisk Analytics by 35.6% in the first quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC now owns 1,653,727 shares of the business services provider’s stock valued at $492,182,000 after buying an additional 434,053 shares during the period. Finally, JPMorgan Chase & Co. lifted its stake in shares of Verisk Analytics by 52.7% in the first quarter. JPMorgan Chase & Co. now owns 1,141,005 shares of the business services provider’s stock valued at $339,586,000 after buying an additional 393,668 shares during the period. 90.00% of the stock is currently owned by institutional investors.

Verisk Analytics Stock Performance

NASDAQ VRSK opened at $243.06 on Monday. The firm has a market cap of $33.96 billion, a price-to-earnings ratio of 37.45, a PEG ratio of 3.44 and a beta of 0.85. The company has a 50 day moving average of $258.97 and a 200-day moving average of $286.52. 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 1-year low of $239.83 and a 1-year high of $322.92.

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

Verisk Analytics Dividend Announcement

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

Wall Street Analysts Forecast Growth

Several equities research analysts recently weighed in on VRSK shares. Raymond James Financial set a $315.00 target price on shares of Verisk Analytics and gave the company an “outperform” rating in a research note on Monday, August 4th. Morgan Stanley increased their price target on shares of Verisk Analytics from $317.00 to $319.00 and gave the stock an “equal weight” rating in a research report on Thursday, July 31st. Wells Fargo & Company dropped their price target on shares of Verisk Analytics from $340.00 to $334.00 and set an “overweight” rating for the company in a research report on Wednesday, September 17th. UBS Group dropped their price target on shares of Verisk Analytics from $320.00 to $300.00 and set a “neutral” rating for the company in a research report on Thursday, July 31st. Finally, Weiss Ratings reissued a “buy (b-)” rating on shares of Verisk Analytics in a research report on Wednesday, October 8th. One research analyst has rated the stock with a Strong Buy rating, six have given a Buy rating, four have given a Hold rating and one has given a Sell rating to the stock. Based on data from MarketBeat, Verisk Analytics has an average rating of “Moderate Buy” and a consensus target price of $311.00.

Insider Activity at Verisk Analytics

In related news, Director Christopher John Perry purchased 1,000 shares of the stock in a transaction that occurred on Wednesday, August 13th. The stock was acquired at an average price of $259.80 per share, with a total value of $259,800.00. Following the completion of the acquisition, the director directly owned 1,773 shares in the company, valued at approximately $460,625.40. This trade represents a 129.37% increase in their position. The acquisition was disclosed in a document filed with the Securities & Exchange Commission, which is available through this hyperlink. Also, insider Nicholas Daffan sold 5,420 shares of the firm’s stock in a transaction that occurred on Wednesday, September 3rd. The shares were sold at an average price of $265.00, for a total transaction of $1,436,300.00. Following the completion of the sale, the insider directly owned 54,337 shares of the company’s stock, valued at approximately $14,399,305. This represents a 9.07% decrease in their position. The disclosure for this sale can be found here. In the last ninety days, insiders sold 8,520 shares of company stock worth $2,273,891. 0.46% of the stock is currently owned by company insiders.

About Verisk Analytics

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.