Savant Capital LLC Raises Stake in Verisk Analytics, Inc. $VRSK

Savant Capital LLC increased its position in shares of Verisk Analytics, Inc. (NASDAQ:VRSK) by 26.4% in the second quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 2,334 shares of the business services provider’s stock after purchasing an additional 487 shares during the period. Savant Capital LLC’s holdings in Verisk Analytics were worth $727,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds have also recently added to or reduced their stakes in VRSK. Spurstone Advisory Services LLC acquired a new stake in shares of Verisk Analytics during the second quarter worth $29,000. NewSquare Capital LLC grew its stake in shares of Verisk Analytics by 69.0% in the second quarter. NewSquare Capital LLC now owns 98 shares of the business services provider’s stock valued at $31,000 after buying an additional 40 shares in the last quarter. Hantz Financial Services Inc. increased its stake in Verisk Analytics by 62.7% during the 2nd quarter. Hantz Financial Services Inc. now owns 109 shares of the business services provider’s stock worth $34,000 after buying an additional 42 shares during the period. SouthState Corp grew its stake in Verisk Analytics by 88.1% during the 2nd quarter. SouthState Corp now owns 111 shares of the business services provider’s stock valued at $35,000 after purchasing an additional 52 shares in the last quarter. Finally, Trust Co. of Toledo NA OH acquired a new stake in shares of Verisk Analytics during the second quarter worth approximately $41,000. 90.00% of the stock is owned by institutional investors and hedge funds.

Analyst Upgrades and Downgrades

A number of research analysts have commented on VRSK shares. Morgan Stanley boosted their target price on Verisk Analytics from $317.00 to $319.00 and gave the company an “equal weight” rating in a research note on Thursday, July 31st. Argus lowered shares of Verisk Analytics from a “buy” rating to a “hold” rating in a research report on Friday. Rothschild Redb cut shares of Verisk Analytics from a “hold” rating to a “strong sell” rating in a research note on Thursday, October 16th. Barclays upgraded Verisk Analytics from an “equal weight” rating to an “overweight” rating and lowered their price target for the company from $310.00 to $275.00 in a research report on Thursday, October 30th. Finally, Wolfe Research started coverage on shares of Verisk Analytics in a research note on Wednesday, September 3rd. They issued an “outperform” rating and a $320.00 target price for the company. One equities research analyst has rated the stock with a Strong Buy rating, seven have given a Buy rating, seven have issued a Hold rating and three have assigned a Sell rating to the company’s stock. According to MarketBeat.com, Verisk Analytics presently has an average rating of “Hold” and a consensus price target of $282.14.

Verisk Analytics Stock Down 0.8%

Verisk Analytics stock opened at $215.84 on Friday. Verisk Analytics, Inc. has a 1-year low of $196.99 and a 1-year high of $322.92. The company has a market cap of $30.08 billion, a P/E ratio of 32.90, a price-to-earnings-growth ratio of 2.75 and a beta of 0.84. The company has a current ratio of 1.19, a quick ratio of 1.53 and a debt-to-equity ratio of 8.55. The company has a fifty day simple moving average of $237.93 and a 200 day simple moving average of $275.26.

Verisk Analytics (NASDAQ:VRSK) last announced its quarterly earnings results on Wednesday, October 29th. The business services provider reported $1.72 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.70 by $0.02. The business had revenue of $768.30 million during the quarter, compared to the consensus estimate of $776.04 million. Verisk Analytics had a return on equity of 425.42% and a net margin of 30.42%.The company’s quarterly revenue was up 5.9% on a year-over-year basis. During the same quarter last year, the firm posted $1.67 EPS. Verisk Analytics has set its FY 2025 guidance at 6.800-7.000 EPS. Research analysts anticipate that Verisk Analytics, Inc. will post 6.63 earnings per share for the current fiscal year.

Verisk Analytics Announces Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Wednesday, December 31st. Investors of record on Monday, December 15th will be paid a $0.45 dividend. The ex-dividend date of this dividend is Monday, December 15th. This represents a $1.80 annualized dividend and a dividend yield of 0.8%. Verisk Analytics’s payout ratio is currently 27.44%.

Insider Transactions at Verisk Analytics

In other Verisk Analytics news, Director Jeffrey J. Dailey purchased 500 shares of the business’s stock in a transaction on Friday, October 31st. The shares were purchased at an average cost of $217.03 per share, for a total transaction of $108,515.00. Following the acquisition, the director owned 3,962 shares of the company’s stock, valued at approximately $859,872.86. This represents a 14.44% increase in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. Also, Director Gregory Hendrick bought 500 shares of the stock in a transaction dated Friday, October 31st. The shares were purchased at an average cost of $216.14 per share, for a total transaction of $108,070.00. Following the completion of the transaction, the director directly owned 2,536 shares of the company’s stock, valued at $548,131.04. This trade represents a 24.56% increase in their ownership of the stock. The SEC filing for this purchase provides additional information. In the last three months, insiders have purchased 1,450 shares of company stock worth $314,663 and have sold 7,120 shares worth $1,880,196. Corporate insiders own 0.46% of the company’s stock.

Verisk Analytics 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.