W.R. Berkley Corporation $WRB Shares Purchased by Illinois Municipal Retirement Fund

Illinois Municipal Retirement Fund boosted its stake in W.R. Berkley Corporation (NYSE:WRB) by 7.1% in the third quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm owned 241,587 shares of the insurance provider’s stock after acquiring an additional 16,029 shares during the quarter. Illinois Municipal Retirement Fund owned about 0.07% of W.R. Berkley worth $16,317,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds have also recently bought and sold shares of WRB. Allied Private Wealth LLC purchased a new stake in shares of W.R. Berkley during the second quarter valued at approximately $29,000. IFP Advisors Inc boosted its stake in shares of W.R. Berkley by 44.7% in the second quarter. IFP Advisors Inc now owns 466 shares of the insurance provider’s stock valued at $33,000 after purchasing an additional 144 shares during the period. Security National Bank of SO Dak acquired a new stake in W.R. Berkley during the 2nd quarter valued at $45,000. Livforsakringsbolaget Skandia Omsesidigt acquired a new stake in W.R. Berkley during the 2nd quarter valued at $49,000. Finally, Provenance Wealth Advisors LLC acquired a new stake in W.R. Berkley during the 3rd quarter valued at $70,000. Hedge funds and other institutional investors own 68.82% of the company’s stock.

Wall Street Analysts Forecast Growth

WRB has been the topic of a number of recent analyst reports. UBS Group reiterated a “neutral” rating and issued a $79.00 price objective on shares of W.R. Berkley in a report on Monday, October 26th. Truist Financial raised their target price on W.R. Berkley from $78.00 to $83.00 and gave the company a “buy” rating in a research note on Tuesday, July 21st. Bank of America lowered W.R. Berkley from a “neutral” rating to an “underperform” rating and dropped their target price for the stock from $74.00 to $68.00 in a research report on Thursday, July 16th. Mizuho boosted their price target on W.R. Berkley from $70.00 to $73.00 and gave the stock a “neutral” rating in a research note on Tuesday, October 20th. Finally, Oppenheimer set a $70.00 price target on W.R. Berkley in a report on Tuesday, July 21st. Three equities research analysts have rated the stock with a Buy rating, nine have given a Hold rating and six have assigned a Sell rating to the company. Based on data from MarketBeat.com, the company has an average rating of “Reduce” and a consensus target price of $70.56.

W.R. Berkley News Summary

Here’s some of the latest news about WRB:

• Positive Sentiment: Zacks Research raised several earnings forecasts, including FY2027 EPS to $4.81 from $4.58 and FY2028 EPS to $5.00 from $4.98. Its FY2026 estimate also rose to $4.90 from $4.82, though it remains below the roughly $4.92 consensus cited in the reports. Zacks Research analysis
• Positive Sentiment: Company strengths cited by Zacks include disciplined underwriting, premium growth, record investment income and AI-related efficiency gains. These factors could help sustain profitability despite competitive pressures. Zacks Research analysis
• Neutral Sentiment: Growth in net investment income is supported by a larger portfolio and attractive reinvestment yields, but Zacks cautioned that the pace of growth could moderate. Zacks Research analysis

W.R. Berkley Stock Down 0.2%

Shares of NYSE:WRB opened at $76.66 on Thursday. The firm has a market cap of $28.48 billion, a PE ratio of 15.78, a price-to-earnings-growth ratio of 1.97 and a beta of 0.23. The company has a fifty day simple moving average of $71.70 and a 200 day simple moving average of $69.57. The company has a current ratio of 0.36, a quick ratio of 0.36 and a debt-to-equity ratio of 0.30. W.R. Berkley Corporation has a 12-month low of $62.87 and a 12-month high of $79.26.

W.R. Berkley (NYSE:WRB) last posted its quarterly earnings data on Monday, October 19th. The insurance provider reported $1.17 EPS for the quarter, beating analysts’ consensus estimates of $1.15 by $0.02. The firm had revenue of $3.74 billion for the quarter, compared to the consensus estimate of $3.82 billion. W.R. Berkley had a net margin of 12.53% and a return on equity of 19.70%. The firm’s revenue was down .8% compared to the same quarter last year. During the same period in the prior year, the firm posted $1.10 EPS. On average, equities research analysts anticipate that W.R. Berkley Corporation will post 4.92 EPS for the current fiscal year.

W.R. Berkley Announces Dividend

The business also recently announced a quarterly dividend, which was paid on Wednesday, September 30th. Stockholders of record on Monday, September 21st were paid a $0.10 dividend. This represents a $0.40 dividend on an annualized basis and a dividend yield of 0.5%. The ex-dividend date was Monday, September 21st. W.R. Berkley’s dividend payout ratio is 8.46%.

About W.R. Berkley

W.R. Berkley Corporation is an insurance holding company that provides commercial property and casualty insurance, reinsurance, and related services. Its offerings include coverage for businesses and professionals across areas such as property, casualty, workers’ compensation, transportation, and specialty risks. Founded in 1967 by William R. Berkley, the company operates through a group of insurance businesses with expertise in specific markets and customer needs. Its operations serve customers in the United States and select international markets.