Assetmark Inc. Acquires 11,894 Shares of W.R. Berkley Corporation $WRB

Assetmark Inc. increased its stake in shares of W.R. Berkley Corporation (NYSE:WRB) by 9.9% during the 1st quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 132,231 shares of the insurance provider’s stock after buying an additional 11,894 shares during the period. Assetmark Inc.’s holdings in W.R. Berkley were worth $8,764,000 at the end of the most recent quarter.

A number of other hedge funds have also recently added to or reduced their stakes in WRB. Entrust Financial LLC bought a new position in shares of W.R. Berkley in the fourth quarter worth about $25,000. Hazlett Burt & Watson Inc. increased its holdings in shares of W.R. Berkley by 140.0% in the fourth quarter. Hazlett Burt & Watson Inc. now owns 360 shares of the insurance provider’s stock valued at $26,000 after purchasing an additional 210 shares in the last quarter. DV Equities LLC bought a new position in W.R. Berkley in the 4th quarter worth approximately $29,000. Triumph Capital Management acquired a new position in W.R. Berkley during the 3rd quarter worth $35,000. Finally, Quarry LP bought a new position in W.R. Berkley in the 4th quarter valued at $39,000. Institutional investors own 68.82% of the company’s stock.

More W.R. Berkley News

Here are the key news stories impacting W.R. Berkley this week:

• Positive Sentiment: WRB reported Q2 adjusted earnings of $1.27 per share, topping the consensus estimate of $1.09, which signals stronger-than-expected profitability. W. R. Berkley Corporation Reports Second Quarter 2026 Results
• Positive Sentiment: The company said profit rose on strong underwriting results, suggesting disciplined pricing and claims management are helping earnings. W. R. Berkley second-quarter profit rises on strong underwriting
• Neutral Sentiment: WRB’s Q2 revenue of $3.72 billion beat last year’s level but missed analyst expectations of about $3.28 billion, which likely limited upside for the stock. W R Berkley (NYSE:WRB) misses Q2 CY2026 revenue estimates
• Neutral Sentiment: Investors are also watching the earnings call for management commentary on premium growth, underwriting margins, and the outlook for the rest of 2026. W. R. Berkley Corporation (WRB) Q2 2026 Earnings Call Transcript
• Negative Sentiment: A Bank of America underperform rating reiteration may be adding some caution, signaling that not all analysts are convinced the current valuation or growth outlook is attractive. W.R. Berkley’s (WRB) “Underperform” Rating Reiterated at Bank of America

Wall Street Analysts Forecast Growth

Several research firms have recently commented on WRB. Atlantic Securities set a $74.00 target price on W.R. Berkley in a research note on Wednesday, July 15th. Mizuho upped their price target on W.R. Berkley from $68.00 to $72.00 and gave the company a “neutral” rating in a research note on Thursday, July 9th. Morgan Stanley raised their price target on W.R. Berkley from $72.00 to $75.00 and gave the company an “equal weight” rating in a report on Monday, July 6th. Brean Capital lowered W.R. Berkley from a “buy” rating to a “neutral” rating and set a $73.00 price objective for the company. in a research report on Wednesday, March 25th. Finally, Wells Fargo & Company boosted their price objective on W.R. Berkley from $58.00 to $67.00 and gave the stock an “underweight” rating in a report on Thursday, July 9th. Three investment analysts have rated the stock with a Buy rating, nine have assigned a Hold rating and six have given a Sell rating to the company’s stock. According to MarketBeat, W.R. Berkley has an average rating of “Reduce” and a consensus target price of $70.00.

W.R. Berkley Trading Up 1.5%

NYSE:WRB opened at $72.71 on Tuesday. The company has a debt-to-equity ratio of 0.29, a current ratio of 0.36 and a quick ratio of 0.36. The business’s 50-day simple moving average is $68.61 and its 200-day simple moving average is $68.34. W.R. Berkley Corporation has a fifty-two week low of $62.87 and a fifty-two week high of $78.96. The stock has a market capitalization of $27.07 billion, a PE ratio of 15.40, a price-to-earnings-growth ratio of 3.39 and a beta of 0.29.

W.R. Berkley (NYSE:WRB) last posted its earnings results on Monday, July 20th. The insurance provider reported $1.27 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $1.09 by $0.18. The business had revenue of $3.72 billion during the quarter, compared to analysts’ expectations of $3.28 billion. W.R. Berkley had a return on equity of 18.92% and a net margin of 12.64%.W.R. Berkley’s revenue for the quarter was up 2.4% compared to the same quarter last year. During the same period in the prior year, the business earned $1.05 EPS. Sell-side analysts expect that W.R. Berkley Corporation will post 4.66 earnings per share for the current fiscal year.

W.R. Berkley Increases Dividend

The business also recently disclosed a quarterly dividend, which was paid on Thursday, July 2nd. Investors of record on Tuesday, June 23rd were issued a dividend of $0.10 per share. The ex-dividend date was Tuesday, June 23rd. This is a positive change from W.R. Berkley’s previous quarterly dividend of $0.09. This represents a $0.40 dividend on an annualized basis and a dividend yield of 0.6%. W.R. Berkley’s dividend payout ratio (DPR) is 8.47%.

About W.R. Berkley

W. R. Berkley Corporation (NYSE: WRB) is a publicly traded insurance holding company that underwrites and sells commercial property and casualty insurance, specialty insurance products, and reinsurance. Headquartered in Greenwich, Connecticut, the company operates a portfolio of underwriting businesses that focus on niche and specialty commercial risks, offering coverage tailored to industries such as transportation, construction, professional services and other commercial lines.

The company’s product mix includes primary and excess casualty, property, professional liability, environmental and other specialty lines, together with treaty and facultative reinsurance solutions.