Allspring Global Investments Holdings LLC Cuts Holdings in Skyward Specialty Insurance Group, Inc. $SKWD

Allspring Global Investments Holdings LLC trimmed its position in Skyward Specialty Insurance Group, Inc. (NASDAQ:SKWD) by 19.6% during the 3rd quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund owned 163,593 shares of the company’s stock after selling 39,983 shares during the quarter. Allspring Global Investments Holdings LLC owned about 0.40% of Skyward Specialty Insurance Group worth $7,342,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. Caitong International Asset Management Co. Ltd grew its holdings in Skyward Specialty Insurance Group by 2,223.1% during the 2nd quarter. Caitong International Asset Management Co. Ltd now owns 604 shares of the company’s stock valued at $35,000 after buying an additional 578 shares in the last quarter. Osaic Holdings Inc. grew its holdings in shares of Skyward Specialty Insurance Group by 140.9% in the second quarter. Osaic Holdings Inc. now owns 1,462 shares of the company’s stock valued at $84,000 after purchasing an additional 855 shares in the last quarter. LRI Investments LLC grew its holdings in shares of Skyward Specialty Insurance Group by 39.4% in the second quarter. LRI Investments LLC now owns 1,756 shares of the company’s stock valued at $101,000 after purchasing an additional 496 shares in the last quarter. Quantbot Technologies LP bought a new stake in Skyward Specialty Insurance Group in the second quarter worth $134,000. Finally, Advisors Asset Management Inc. purchased a new stake in Skyward Specialty Insurance Group during the second quarter valued at $144,000. 94.83% of the stock is owned by institutional investors.

Wall Street Analysts Forecast Growth

A number of brokerages have commented on SKWD. Piper Sandler lifted their price objective on shares of Skyward Specialty Insurance Group from $62.00 to $64.00 and gave the stock an “overweight” rating in a research note on Thursday, December 4th. Citigroup reaffirmed an “outperform” rating on shares of Skyward Specialty Insurance Group in a report on Thursday, December 4th. Janney Montgomery Scott assumed coverage on Skyward Specialty Insurance Group in a research note on Monday, October 6th. They set a “buy” rating and a $60.00 price objective on the stock. Citizens Jmp upped their price objective on Skyward Specialty Insurance Group from $75.00 to $80.00 and gave the company a “market outperform” rating in a research report on Thursday, December 4th. Finally, Keefe, Bruyette & Woods raised their price objective on Skyward Specialty Insurance Group from $66.00 to $69.00 and gave the company an “outperform” rating in a research note on Tuesday. One research analyst has rated the stock with a Strong Buy rating, ten have given a Buy rating and three have given a Hold rating to the company. According to data from MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and an average price target of $64.55.

Skyward Specialty Insurance Group Trading Down 6.0%

Shares of NASDAQ:SKWD opened at $47.43 on Wednesday. Skyward Specialty Insurance Group, Inc. has a 12 month low of $41.28 and a 12 month high of $65.05. The company has a market capitalization of $1.92 billion, a price-to-earnings ratio of 13.99 and a beta of 0.54. The firm’s 50-day moving average is $48.59 and its 200 day moving average is $49.48.

Skyward Specialty Insurance Group (NASDAQ:SKWD) last announced its earnings results on Wednesday, October 29th. The company reported $1.05 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.85 by $0.20. Skyward Specialty Insurance Group had a return on equity of 17.30% and a net margin of 10.57%.The business had revenue of $382.53 million during the quarter, compared to analyst estimates of $334.54 million. During the same quarter in the previous year, the business earned $0.71 earnings per share. As a group, equities analysts forecast that Skyward Specialty Insurance Group, Inc. will post 3.05 EPS for the current fiscal year.

Insiders Place Their Bets

In other news, insider Sandip A. Kapadia sold 5,030 shares of Skyward Specialty Insurance Group stock in a transaction on Thursday, December 18th. The stock was sold at an average price of $50.01, for a total transaction of $251,550.30. Following the completion of the sale, the insider directly owned 8,059 shares in the company, valued at approximately $403,030.59. This trade represents a 38.43% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. 7.86% of the stock is currently owned by insiders.

Trending Headlines about Skyward Specialty Insurance Group

Here are the key news stories impacting Skyward Specialty Insurance Group this week:

• Positive Sentiment: Keefe, Bruyette & Woods raised its price target to $69 (from $66) and maintains an “outperform” rating—a meaningful analyst endorsement that supports upside expectations. Skyward Specialty Insurance price target raised to $69 from $66 at Keefe Bruyette
• Positive Sentiment: Zacks highlights that upward earnings estimate revisions are supporting the stock and could drive further gains if the trend continues. This improves the fundamental outlook and investor sentiment. Can Skyward (SKWD) Run Higher on Rising Earnings Estimates?
• Neutral Sentiment: Skyward announced the formation of “Skyward Group” as the unified holding‑company brand following the Apollo acquisition; the operating brands will remain in place. This is organizational and strategic messaging that should aid integration but has limited immediate earnings impact. Skyward Specialty Introduces Skyward Group as New Holding Company Brand
• Neutral Sentiment: Multiple trade press outlets covered the holding‑company launch and integration plans, increasing visibility but not providing new financial detail. Skyward Specialty introduces new holding company following Apollo acquisition
• Negative Sentiment: Skyward completed the Apollo acquisition and an associated equity issuance; reports note the company also entered into a new unsecured instrument. The equity issuance could be dilutive and the new financing could affect leverage—factors that likely contributed to downward pressure on the stock. Skyward Specialty Completes Apollo Acquisition and Equity Issuance

About Skyward Specialty Insurance Group

Skyward Specialty Insurance Group, Inc (NASDAQ: SKWD) is a publicly traded specialty property and casualty insurance underwriter. The company focuses on niche market segments, offering tailored insurance solutions designed to address the specific risk profiles of its target industries.

Through its underwriting platform, Skyward Specialty provides coverage in areas including general liability, professional liability, commercial package, inland marine and other selected specialty lines. Its products are distributed primarily through a network of wholesale brokers, program administrators and managing general agents, enabling the company to reach a diverse client base and adapt quickly to evolving market needs.

Headquartered in the United States, Skyward Specialty Insurance Group operates across multiple states and applies data-driven underwriting and risk management practices to maintain disciplined reserving and consistent performance.