Stoneridge Investment Partners LLC acquired a new stake in shares of Verisk Analytics, Inc. (NASDAQ:VRSK – Free Report) during the 2nd quarter, HoldingsChannel.com reports. The firm acquired 3,827 shares of the business services provider’s stock, valued at approximately $746,000.
Several other hedge funds also recently modified their holdings of VRSK. Oppenheimer Asset Management Inc. increased its stake in shares of Verisk Analytics by 25.6% in the fourth quarter. Oppenheimer Asset Management Inc. now owns 90,522 shares of the business services provider’s stock valued at $20,249,000 after buying an additional 18,461 shares during the period. Mirae Asset Global Investments Co. Ltd. raised its holdings in Verisk Analytics by 13.6% in the 4th quarter. Mirae Asset Global Investments Co. Ltd. now owns 68,547 shares of the business services provider’s stock valued at $15,333,000 after buying an additional 8,181 shares during the last quarter. Boston Trust Walden Corp boosted its position in Verisk Analytics by 441.5% during the 4th quarter. Boston Trust Walden Corp now owns 44,185 shares of the business services provider’s stock worth $9,884,000 after buying an additional 36,025 shares during the period. Varma Mutual Pension Insurance Co acquired a new stake in Verisk Analytics during the 4th quarter worth approximately $13,489,000. Finally, Mitsubishi UFJ Asset Management Co. Ltd. grew its holdings in Verisk Analytics by 5.1% during the 4th quarter. Mitsubishi UFJ Asset Management Co. Ltd. now owns 302,134 shares of the business services provider’s stock worth $66,778,000 after acquiring an additional 14,720 shares during the last quarter. Institutional investors and hedge funds own 90.00% of the company’s stock.
Insider Activity
In other news, Director Samuel G. Liss sold 4,671 shares of the stock in a transaction on Friday, June 5th. The shares were sold at an average price of $182.21, for a total transaction of $851,102.91. Following the completion of the sale, the director directly owned 69,098 shares in the company, valued at $12,590,346.58. This represents a 6.33% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is available through the SEC website. Also, Director Bruce Edward Hansen sold 2,336 shares of Verisk Analytics stock in a transaction on Monday, June 1st. The stock was sold at an average price of $174.99, for a total transaction of $408,776.64. Following the transaction, the director directly owned 15,868 shares of the company’s stock, valued at $2,776,741.32. This represents a 12.83% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. In the last 90 days, insiders sold 24,162 shares of company stock valued at $4,503,095. Company insiders own 0.52% of the company’s stock.
Verisk Analytics Price Performance
Verisk Analytics (NASDAQ:VRSK – Get Free Report) last released its earnings results on Wednesday, July 29th. The business services provider reported $1.98 earnings per share for the quarter, beating analysts’ consensus estimates of $1.93 by $0.05. Verisk Analytics had a net margin of 28.24% and a negative return on equity of 239.55%. The business had revenue of $806.30 million during the quarter, compared to the consensus estimate of $804.02 million. During the same quarter in the prior year, the firm posted $1.88 EPS. The company’s revenue for the quarter was up 4.3% compared to the same quarter last year. Verisk Analytics has set its FY 2026 guidance at 7.450-7.750 EPS. As a group, research analysts expect that Verisk Analytics, Inc. will post 7.71 EPS for the current year.
Verisk Analytics Dividend Announcement
The company also recently disclosed a quarterly dividend, which will be paid on Wednesday, September 30th. Stockholders of record on Tuesday, September 15th will be paid a $0.50 dividend. This represents a $2.00 dividend on an annualized basis and a dividend yield of 1.1%. The ex-dividend date of this dividend is Tuesday, September 15th. Verisk Analytics’s dividend payout ratio is currently 30.72%.
Analysts Set New Price Targets
Several brokerages have issued reports on VRSK. JPMorgan Chase & Co. upped their price target on shares of Verisk Analytics from $220.00 to $230.00 and gave the company an “overweight” rating in a research report on Thursday, April 30th. Bank of America cut their price target on shares of Verisk Analytics from $225.00 to $190.00 and set a “neutral” rating on the stock in a report on Tuesday, May 19th. Morgan Stanley set a $235.00 price objective on shares of Verisk Analytics in a research note on Thursday, April 30th. BMO Capital Markets restated an “outperform” rating on shares of Verisk Analytics in a report on Thursday, July 30th. Finally, UBS Group increased their price objective on Verisk Analytics from $220.00 to $235.00 and gave the company a “neutral” rating in a report on Thursday, July 30th. One equities research analyst has rated the stock with a Strong Buy rating, six have given a Buy rating, seven have assigned a Hold rating and one has assigned a Sell rating to the company’s stock. Based on data from MarketBeat.com, the company presently has an average rating of “Hold” and a consensus target price of $236.27.
Check Out Our Latest Research Report on VRSK
About Verisk Analytics
Verisk Analytics, Inc (NASDAQ: VRSK) is a data analytics and decision?support provider that helps organizations assess and manage risk. The company supplies data, predictive models and software to customers in insurance, reinsurance, financial services, government, energy and other commercial markets. Its offerings are designed to support underwriting, pricing, claims management, catastrophe modeling, fraud detection and regulatory compliance, enabling clients to make more informed operational and strategic decisions.
Verisk’s product portfolio combines large proprietary datasets with analytics platforms and industry?specific applications.
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