Markel Group Inc. (NYSE:MKL) Receives $2,025.00 Average Price Target from Analysts

Markel Group Inc. (NYSE:MKL) has been assigned an average recommendation of “Reduce” from the six research firms that are covering the company, MarketBeat Ratings reports. One analyst has rated the stock with a sell rating and five have given a hold rating to the company. The average 12-month target price among analysts that have covered the stock in the last year is $2,025.00.

A number of analysts have commented on MKL shares. Truist Financial dropped their price target on shares of Markel Group from $2,100.00 to $1,950.00 and set a “hold” rating on the stock in a research report on Thursday, April 30th. Wall Street Zen upgraded shares of Markel Group from a “sell” rating to a “hold” rating in a report on Saturday, August 1st. Weiss Ratings upgraded shares of Markel Group from a “hold (c)” rating to a “hold (c+)” rating in a research note on Monday, August 3rd. Finally, Wolfe Research started coverage on Markel Group in a report on Wednesday, July 1st. They set an “underperform” rating on the stock.

Insider Activity

In other news, Director Greta J. Harris sold 76 shares of Markel Group stock in a transaction on Friday, May 22nd. The stock was sold at an average price of $1,847.31, for a total transaction of $140,395.56. Following the transaction, the director directly owned 645 shares in the company, valued at approximately $1,191,514.95. This trade represents a 10.54% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. Company insiders own 1.08% of the company’s stock.

Institutional Trading of Markel Group

Institutional investors have recently modified their holdings of the company. Valley National Advisers Inc. bought a new stake in Markel Group in the fourth quarter worth about $25,000. Fideuram Asset Management Ireland dac bought a new position in shares of Markel Group during the 4th quarter valued at about $26,000. Reflection Asset Management bought a new position in shares of Markel Group during the 4th quarter valued at about $26,000. Measured Wealth Private Client Group LLC acquired a new position in shares of Markel Group in the 3rd quarter worth approximately $29,000. Finally, V Square Quantitative Management LLC acquired a new position in shares of Markel Group in the 4th quarter worth approximately $32,000. Institutional investors and hedge funds own 77.12% of the company’s stock.

Markel Group Price Performance

Shares of MKL opened at $1,799.85 on Tuesday. The firm has a market capitalization of $22.30 billion, a price-to-earnings ratio of 9.90 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 has a one year low of $1,719.41 and a one year high of $2,207.59. The stock’s fifty day moving average is $1,910.09 and its 200-day moving average is $1,927.25.

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.