Verisk Analytics, Inc. $VRSK Stock: Pictet Asset Management Holding SA Grows Stake

Pictet Asset Management Holding SA boosted its position in Verisk Analytics, Inc. (NASDAQ:VRSK) by 75.8% in the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 138,868 shares of the business services provider’s stock after buying an additional 59,857 shares during the quarter. Pictet Asset Management Holding SA’s holdings in Verisk Analytics were worth $23,309,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other institutional investors and hedge funds have also bought and sold shares of the company. BlackRock Inc. purchased a new position in shares of Verisk Analytics during the second quarter worth approximately $1,852,678,000. XXEC Inc. bought a new stake in shares of Verisk Analytics in the 2nd quarter worth approximately $992,675,000. Bamco Inc. NY purchased a new stake in shares of Verisk Analytics in the 2nd quarter valued at $844,259,000. Principal Financial Group Inc. boosted its stake in shares of Verisk Analytics by 34.9% in the 1st quarter. Principal Financial Group Inc. now owns 1,567,509 shares of the business services provider’s stock valued at $297,443,000 after purchasing an additional 405,824 shares in the last quarter. Finally, Jupiter Topco LLC purchased a new stake in shares of Verisk Analytics in the 2nd quarter valued at $266,201,000. 90.00% of the stock is currently owned by institutional investors.

Verisk Analytics Stock Performance

Shares of VRSK stock opened at $205.98 on Thursday. Verisk Analytics, Inc. has a fifty-two week low of $155.94 and a fifty-two week high of $227.16. The stock has a 50 day moving average price of $183.54 and a two-hundred day moving average price of $186.12. The company has a market capitalization of $26.42 billion, a P/E ratio of 31.21, a PEG ratio of 2.32 and a beta of 0.65.

Verisk Analytics (NASDAQ:VRSK) last released its quarterly earnings data on Thursday, November 5th. The business services provider reported $1.96 earnings per share for the quarter, beating analysts’ consensus estimates of $1.92 by $0.04. Verisk Analytics had a negative return on equity of 128.14% and a net margin of 27.68%. The firm had revenue of $809.00 million during the quarter, compared to analyst estimates of $805.88 million. During the same quarter in the prior year, the firm posted $1.72 earnings per share. The business’s quarterly revenue was up 5.3% compared to the same quarter last year. Verisk Analytics has set its FY 2026 guidance at 7.450-7.750 EPS. As a group, equities analysts predict that Verisk Analytics, Inc. will post 7.71 earnings per share for the current year.

Verisk Analytics Dividend Announcement

The company also recently declared a quarterly dividend, which will be paid on Thursday, December 31st. Investors of record on Tuesday, December 15th will be issued a dividend of $0.50 per share. This represents a $2.00 dividend on an annualized basis and a yield of 1.0%. The ex-dividend date is Tuesday, December 15th. Verisk Analytics’s dividend payout ratio is currently 30.30%.

Wall Street Analyst Weigh In

Several equities analysts recently commented on VRSK shares. Barclays increased their target price on shares of Verisk Analytics from $225.00 to $250.00 and gave the company an “overweight” rating in a report on Friday, November 6th. Morgan Stanley lowered their price target on shares of Verisk Analytics from $235.00 to $215.00 and set an “equal weight” rating for the company in a research note on Tuesday, October 13th. Evercore set a $223.00 price target on shares of Verisk Analytics in a research report on Thursday, July 30th. Robert W. Baird set a $247.00 price objective on Verisk Analytics in a research note on Thursday, July 30th. Finally, Weiss Ratings upgraded Verisk Analytics from a “sell (d+)” rating to a “hold (c-)” rating in a report on Tuesday, August 25th. One research analyst has rated the stock with a Strong Buy rating, six have issued a Buy rating and seven have given a Hold rating to the company’s stock. According to MarketBeat.com, the company has an average rating of “Moderate Buy” and a consensus target price of $225.86.

Insiders Place Their Bets

In other Verisk Analytics news, CEO Lee Shavel sold 3,535 shares of the stock in a transaction on Monday, November 2nd. The shares were sold at an average price of $194.74, for a total transaction of $688,405.90. Following the completion of the sale, the chief executive officer owned 98,490 shares of the company’s stock, valued at $19,179,942.60. This represents a 3.46% decrease in their position. The sale was disclosed in a filing with the SEC, which is available at the SEC website. Also, CFO Elizabeth Mann sold 400 shares of the firm’s stock in a transaction on Thursday, October 15th. The stock was sold at an average price of $184.85, for a total transaction of $73,940.00. Following the completion of the sale, the chief financial officer directly owned 17,584 shares in the company, valued at approximately $3,250,402.40. This trade represents a 2.22% decrease in their position. The disclosure for this sale is available in the SEC filing. Insiders have sold a total of 11,805 shares of company stock valued at $2,195,489 over the last quarter. 0.52% of the stock is currently owned by company insiders.

Verisk Analytics Company Profile

Verisk Analytics is a data analytics and technology company that provides information and decision-support tools primarily to the property and casualty insurance industry. Its offerings help insurers assess risk, set policy terms, manage claims, detect fraud and meet regulatory requirements. The company’s products include catastrophe and risk models, underwriting and claims data, and analytics for evaluating property, vehicles and other insured exposures. Verisk serves customers in the United States and international markets, with a focus on insurance-related businesses.