Jensen Investment Management Inc. Reduces Stock Position in Verisk Analytics, Inc. $VRSK

Jensen Investment Management Inc. cut its stake in shares of Verisk Analytics, Inc. (NASDAQ:VRSK) by 14.4% in the second quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The fund owned 281,734 shares of the business services provider’s stock after selling 47,541 shares during the period. Verisk Analytics comprises approximately 1.0% of Jensen Investment Management Inc.’s holdings, making the stock its 25th largest position. Jensen Investment Management Inc. owned approximately 0.20% of Verisk Analytics worth $87,760,000 at the end of the most recent reporting period.

Several other large investors also recently modified their holdings of the company. Spurstone Advisory Services LLC purchased a new stake in Verisk Analytics during the second quarter valued at $29,000. NewSquare Capital LLC lifted its stake in shares of Verisk Analytics by 69.0% in the 2nd quarter. NewSquare Capital LLC now owns 98 shares of the business services provider’s stock worth $31,000 after purchasing an additional 40 shares during the period. Hantz Financial Services Inc. boosted its holdings in shares of Verisk Analytics by 62.7% in the second 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 last quarter. SouthState Corp grew its position in Verisk Analytics by 88.1% during the second quarter. SouthState Corp now owns 111 shares of the business services provider’s stock valued at $35,000 after buying an additional 52 shares during the period. Finally, Trust Co. of Toledo NA OH purchased a new stake in Verisk Analytics during the second quarter valued at approximately $41,000. Institutional investors own 90.00% of the company’s stock.

Insider Activity

In other Verisk Analytics news, CEO Lee Shavel sold 1,100 shares of the stock in a transaction on Monday, August 18th. The shares were sold at an average price of $268.01, for a total transaction of $294,811.00. Following the completion of the transaction, the chief executive officer owned 78,907 shares in the company, valued at $21,147,865.07. This trade represents a 1.37% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. Also, Director Sabra R. Purtill bought 450 shares of Verisk Analytics stock in a transaction dated Friday, October 31st. The stock was acquired at an average price of $217.95 per share, for a total transaction of $98,077.50. Following the completion of the acquisition, the director owned 1,327 shares in the company, valued at approximately $289,219.65. The trade was a 51.31% increase in their ownership of the stock. The SEC filing for this purchase provides additional information. In the last ninety days, insiders purchased 1,450 shares of company stock worth $314,663 and sold 7,120 shares worth $1,880,196. 0.46% of the stock is owned by insiders.

Analysts Set New Price Targets

Several research analysts have recently weighed in on VRSK shares. Rothschild Redb cut shares of Verisk Analytics from a “hold” rating to a “strong sell” rating in a research note on Thursday, October 16th. Seaport Res Ptn raised Verisk Analytics to a “strong-buy” rating in a report on Wednesday, October 1st. Argus lowered shares of Verisk Analytics from a “buy” rating to a “hold” rating in a report on Friday. JPMorgan Chase & Co. dropped their price target on shares of Verisk Analytics from $315.00 to $250.00 and set an “overweight” rating for the company in a research report on Thursday, October 30th. Finally, Barclays raised shares of Verisk Analytics from an “equal weight” rating to an “overweight” rating and reduced their price objective for the stock from $310.00 to $275.00 in a research note on Thursday, October 30th. One equities research analyst has rated the stock with a Strong Buy rating, seven have issued a Buy rating, seven have given a Hold rating and three have assigned a Sell rating to the company’s stock. According to MarketBeat, Verisk Analytics currently has a consensus rating of “Hold” and a consensus target price of $282.14.

Verisk Analytics Stock Performance

Shares of NASDAQ VRSK opened at $215.84 on Friday. The company has a market cap of $30.08 billion, a P/E ratio of 32.90, a P/E/G ratio of 2.75 and a beta of 0.84. Verisk Analytics, Inc. has a 52-week low of $196.99 and a 52-week high of $322.92. The company has a debt-to-equity ratio of 8.55, a quick ratio of 1.53 and a current ratio of 1.19. The firm’s fifty day moving average is $237.93 and its two-hundred day moving average is $275.14.

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

Verisk Analytics Announces Dividend

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

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.