Shelter Ins Retirement Plan Invests $1.17 Million in Markel Group Inc. $MKL

Shelter Ins Retirement Plan acquired a new stake in Markel Group Inc. (NYSE:MKL) during the second quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor acquired 600 shares of the insurance provider’s stock, valued at approximately $1,171,806. Markel Group comprises approximately 0.0% of Shelter Ins Retirement Plan’s portfolio, making the stock its 4th largest position.

Several other institutional investors also recently made changes to their positions in the stock. Fideuram Asset Management Ireland dac bought a new stake in shares of Markel Group in the fourth quarter valued at about $26,000. Reflection Asset Management purchased a new stake in Markel Group in the fourth quarter worth $26,000. Basepoint Wealth LLC purchased a new position in Markel Group in the 4th quarter worth $32,000. Measured Wealth Private Client Group LLC acquired a new stake in shares of Markel Group in the third quarter valued at approximately $29,000. Finally, MidAtlantic Capital Management Inc. acquired a new stake in Markel Group in the 4th quarter valued at about $39,000. 77.12% of the stock is owned by institutional investors.

Analyst Upgrades and Downgrades

Several research analysts recently commented on MKL shares. Wolfe Research assumed coverage on Markel Group in a research note on Wednesday, July 1st. They issued an “underperform” rating on the stock. Wall Street Zen raised shares of Markel Group from a “sell” rating to a “hold” rating in a research report on Saturday, August 1st. Weiss Ratings raised shares of Markel Group from a “hold (c+)” rating to a “buy (b-)” rating in a research note on Monday, August 17th. Finally, Truist Financial decreased their price objective on Markel Group from $2,100.00 to $1,950.00 and set a “hold” rating for the company in a report on Thursday, April 30th. One investment analyst has rated the stock with a Buy rating, four have assigned a Hold rating and one has given a Sell rating to the company’s stock. According to data from MarketBeat.com, the stock has an average rating of “Hold” and an average target price of $2,025.00.

Markel Group Stock Up 0.4%

NYSE MKL traded up $7.73 during trading hours on Friday, hitting $1,813.55. 29,170 shares of the company traded hands, compared to its average volume of 62,671. The business’s 50-day moving average is $1,903.61 and its 200-day moving average is $1,913.61. The stock has a market capitalization of $22.47 billion, a price-to-earnings ratio of 9.97 and a beta of 0.66. The company has a debt-to-equity ratio of 0.23, a quick ratio of 0.63 and a current ratio of 0.63. Markel Group Inc. has a twelve month low of $1,719.41 and a twelve month high of $2,207.59.

Markel Group Company Profile

Markel Group (NYSE: MKL) is a diversified insurance holding company best known for underwriting specialty insurance products. Founded in 1930 and headquartered in Richmond, Virginia, the company provides a wide range of commercial property and casualty coverages tailored to niche and hard-to-place risks. Its underwriting operations focus on specialty lines across multiple industries, delivering customized policy structures, program administration, and claims management services for complex exposures.

In addition to primary specialty insurance, Markel operates reinsurance and alternative risk-transfer activities and manages invested assets derived from underwriting float.