Railway Pension Investments Ltd increased its stake in Verisk Analytics, Inc. (NASDAQ:VRSK – Free Report) by 24.0% during the 3rd quarter, according to its most recent Form 13F filing with the SEC. The fund owned 61,400 shares of the business services provider’s stock after acquiring an additional 11,900 shares during the period. Railway Pension Investments Ltd’s holdings in Verisk Analytics were worth $15,443,000 as of its most recent SEC filing.
Several other institutional investors and hedge funds have also recently bought and sold shares of VRSK. Vanguard Group Inc. boosted its holdings in shares of Verisk Analytics by 1.0% in the 2nd quarter. Vanguard Group Inc. now owns 16,894,802 shares of the business services provider’s stock valued at $5,262,731,000 after purchasing an additional 161,213 shares during the last quarter. Geode Capital Management LLC boosted its holdings in Verisk Analytics by 0.8% in the second quarter. Geode Capital Management LLC now owns 4,011,295 shares of the business services provider’s stock valued at $1,249,900,000 after acquiring an additional 33,213 shares during the last quarter. Norges Bank purchased a new stake in Verisk Analytics during the second quarter valued at about $556,192,000. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC increased its stake in Verisk Analytics by 35.6% during the first quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC now owns 1,653,727 shares of the business services provider’s stock worth $492,182,000 after acquiring an additional 434,053 shares during the last quarter. Finally, Franklin Resources Inc. raised its holdings in shares of Verisk Analytics by 4.6% in the 2nd quarter. Franklin Resources Inc. now owns 1,333,337 shares of the business services provider’s stock worth $415,334,000 after purchasing an additional 58,772 shares during the period. Institutional investors and hedge funds own 90.00% of the company’s stock.
Insiders Place Their Bets
In other news, Director Sabra R. Purtill purchased 450 shares of the business’s stock in a transaction on Friday, October 31st. The stock was purchased at an average price of $217.95 per share, with a total value of $98,077.50. Following the acquisition, the director directly owned 1,327 shares in the company, valued at approximately $289,219.65. The trade was a 51.31% increase in their position. The purchase was disclosed in a filing with the SEC, which is accessible through this link. Also, Director Jeffrey J. Dailey bought 500 shares of the stock in a transaction that occurred on Friday, October 31st. The stock was acquired at an average cost of $217.03 per share, for a total transaction of $108,515.00. Following the purchase, the director owned 3,962 shares of the company’s stock, valued at $859,872.86. This trade represents a 14.44% increase in their ownership of the stock. Additional details regarding this purchase are available in the official SEC disclosure. In the last quarter, insiders have purchased 1,450 shares of company stock valued at $314,663 and have sold 2,000 shares valued at $442,317. Corporate insiders own 0.46% of the company’s stock.
Verisk Analytics Trading Down 1.2%
Verisk Analytics (NASDAQ:VRSK – Get Free Report) last announced its quarterly earnings results on Wednesday, October 29th. The business services provider reported $1.72 earnings per share for the quarter, topping analysts’ consensus estimates of $1.70 by $0.02. Verisk Analytics had a return on equity of 425.42% and a net margin of 30.42%.The company had revenue of $768.30 million during the quarter, compared to analysts’ expectations of $776.04 million. During the same quarter in the previous year, the firm earned $1.67 earnings per share. The business’s quarterly revenue was up 5.9% compared to the same quarter last year. Verisk Analytics has set its FY 2025 guidance at 6.800-7.000 EPS. As a group, sell-side analysts anticipate that Verisk Analytics, Inc. will post 6.63 earnings per share for the current fiscal year.
Verisk Analytics Dividend Announcement
The business also recently disclosed a quarterly dividend, which was paid on Wednesday, December 31st. Stockholders of record on Monday, December 15th were issued a dividend of $0.45 per share. The ex-dividend date was Monday, December 15th. This represents a $1.80 annualized dividend and a dividend yield of 0.8%. Verisk Analytics’s payout ratio is presently 27.44%.
Wall Street Analysts Forecast Growth
Several analysts have recently weighed in on the company. Barclays upgraded Verisk Analytics from an “equal weight” rating to an “overweight” rating and lowered their target price for the company from $310.00 to $275.00 in a research note on Thursday, October 30th. Morgan Stanley reduced their target price on Verisk Analytics from $290.00 to $270.00 and set an “equal weight” rating for the company in a research note on Wednesday, December 17th. Seaport Res Ptn raised Verisk Analytics to a “strong-buy” rating in a report on Wednesday, October 1st. Evercore ISI dropped their target price on shares of Verisk Analytics from $262.00 to $250.00 and set an “in-line” rating on the stock in a report on Thursday, October 30th. Finally, Wolfe Research reaffirmed an “outperform” rating on shares of Verisk Analytics in a research report on Monday, December 29th. One analyst has rated the stock with a Strong Buy rating, seven have issued a Buy rating, seven have given a Hold rating and three have issued a Sell rating to the company. Based on data from MarketBeat.com, the company has an average rating of “Hold” and an average price target of $278.64.
Check Out Our Latest Stock Analysis on VRSK
Verisk Analytics Profile
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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