PYA Waltman Capital LLC Has $23.04 Million Stake in Markel Group Inc. $MKL

PYA Waltman Capital LLC increased its stake in shares of Markel Group Inc. (NYSE:MKL) by 3.5% in the 2nd quarter, according to its most recent disclosure with the Securities & Exchange Commission. The fund owned 11,797 shares of the insurance provider’s stock after purchasing an additional 399 shares during the period. Markel Group makes up 5.6% of PYA Waltman Capital LLC’s investment portfolio, making the stock its 7th largest holding. PYA Waltman Capital LLC owned 0.10% of Markel Group worth $23,039,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other hedge funds and other institutional investors also recently added to or reduced their stakes in the stock. BlackRock Inc. purchased a new stake in Markel Group during the 2nd quarter valued at $1,362,880,000. Select Equity Group L.P. boosted its stake in shares of Markel Group by 75.9% in the 2nd quarter. Select Equity Group L.P. now owns 336,369 shares of the insurance provider’s stock worth $671,850,000 after buying an additional 145,146 shares during the last quarter. State Street Corp grew its holdings in shares of Markel Group by 2.1% in the third quarter. State Street Corp now owns 304,400 shares of the insurance provider’s stock worth $581,818,000 after acquiring an additional 6,160 shares during the period. Van Lanschot Kempen Investment Management N.V. increased its position in Markel Group by 13.0% during the fourth quarter. Van Lanschot Kempen Investment Management N.V. now owns 204,861 shares of the insurance provider’s stock valued at $440,379,000 after acquiring an additional 23,631 shares during the last quarter. Finally, Bank of America Corp DE lifted its holdings in Markel Group by 5.9% in the third quarter. Bank of America Corp DE now owns 153,099 shares of the insurance provider’s stock valued at $292,627,000 after acquiring an additional 8,539 shares during the period. Institutional investors own 77.12% of the company’s stock.

Analyst Upgrades and Downgrades

A number of research firms have issued reports on MKL. Wall Street Zen upgraded Markel Group from a “sell” rating to a “hold” rating in a research note on Saturday, August 1st. Weiss Ratings upgraded shares of Markel Group from a “hold (c+)” rating to a “buy (b-)” rating in a research note on Monday, August 17th. Finally, Wolfe Research initiated coverage on shares of Markel Group in a research report on Wednesday, July 1st. They set an “underperform” rating for the company. One research analyst has rated the stock with a Buy rating, four have assigned a Hold rating and one has assigned a Sell rating to the company’s stock. According to data from MarketBeat, the company currently has a consensus rating of “Hold” and a consensus price target of $2,025.00.

Markel Group Stock Down 0.3%

MKL stock opened at $1,797.03 on Wednesday. Markel Group Inc. has a twelve month low of $1,719.41 and a twelve month high of $2,207.59. The company has a quick ratio of 0.63, a current ratio of 0.63 and a debt-to-equity ratio of 0.23. The stock has a market cap of $22.27 billion, a P/E ratio of 9.88 and a beta of 0.65. The business’s 50-day moving average price is $1,900.01 and its 200-day moving average price is $1,907.61.

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.