Bank of New York Mellon Corp boosted its position in shares of Verisk Analytics, Inc. (NASDAQ:VRSK – Free Report) by 0.3% in the 1st quarter, according to its most recent filing with the Securities & Exchange Commission. The fund owned 817,592 shares of the business services provider’s stock after purchasing an additional 2,639 shares during the period. Bank of New York Mellon Corp owned about 0.62% of Verisk Analytics worth $155,138,000 at the end of the most recent quarter.
A number of other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. Mcguire Capital Advisors Inc. acquired a new stake in Verisk Analytics during the 4th quarter valued at $27,000. Osterweis Capital Management Inc. acquired a new position in Verisk Analytics in the second quarter worth $28,000. Reflection Asset Management bought a new stake in shares of Verisk Analytics during the fourth quarter worth $30,000. Elyxium Wealth LLC bought a new stake in shares of Verisk Analytics during the fourth quarter worth $31,000. Finally, MCF Advisors LLC increased its stake in shares of Verisk Analytics by 141.7% in the fourth quarter. MCF Advisors LLC now owns 145 shares of the business services provider’s stock valued at $32,000 after buying an additional 85 shares in the last quarter. 90.00% of the stock is currently owned by institutional investors and hedge funds.
Insider Activity
In other Verisk Analytics news, Director Samuel G. Liss sold 6,765 shares of the stock in a transaction dated Tuesday, June 2nd. The stock was sold at an average price of $177.63, for a total value of $1,201,666.95. Following the completion of the sale, the director directly owned 69,098 shares in the company, valued at $12,273,877.74. This represents a 8.92% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. Also, Director Bruce Edward Hansen sold 2,336 shares of Verisk Analytics stock in a transaction dated Monday, June 1st. The shares were sold at an average price of $174.99, for a total value of $408,776.64. Following the transaction, the director owned 15,868 shares in the company, valued at $2,776,741.32. This trade represents a 12.83% decrease in their position. The disclosure for this sale is available in the SEC filing. Insiders sold 16,507 shares of company stock valued at $2,925,710 in the last quarter. Company insiders own 0.52% of the company’s stock.
Verisk Analytics Price Performance
Verisk Analytics (NASDAQ:VRSK – Get Free Report) last issued its earnings results on Wednesday, April 29th. The business services provider reported $1.82 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $1.76 by $0.06. Verisk Analytics had a negative return on equity of 2,405.75% and a net margin of 29.34%.The firm had revenue of $782.60 million for the quarter, compared to analysts’ expectations of $771.62 million. During the same quarter last year, the business earned $1.73 earnings per share. The company’s revenue was up 4.0% compared to the same quarter last year. Verisk Analytics has set its FY 2026 guidance at 7.450-7.750 EPS. As a group, analysts forecast that Verisk Analytics, Inc. will post 7.65 EPS for the current year.
Verisk Analytics Announces Dividend
The company also recently declared a quarterly dividend, which was paid on Tuesday, June 30th. Stockholders of record on Monday, June 15th were issued a $0.50 dividend. The ex-dividend date of this dividend was Monday, June 15th. This represents a $2.00 annualized dividend and a dividend yield of 1.0%. Verisk Analytics’s payout ratio is 30.44%.
Analyst Ratings Changes
VRSK has been the subject of a number of research analyst reports. Morgan Stanley set a $235.00 price target on Verisk Analytics in a report on Thursday, April 30th. Bank of America decreased their price objective 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. Weiss Ratings cut shares of Verisk Analytics from a “hold (c-)” rating to a “sell (d+)” rating in a research report on Thursday, May 14th. Royal Bank Of Canada reaffirmed an “outperform” rating and issued a $230.00 target price on shares of Verisk Analytics in a research note on Monday, March 30th. Finally, Rothschild & Co Redburn set a $185.00 target price on shares of Verisk Analytics and gave the stock a “neutral” rating in a research report on Thursday, June 18th. One 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. According to data from MarketBeat, the company currently has an average rating of “Hold” and an average price target of $234.87.
Check Out Our Latest Research Report on Verisk Analytics
Verisk Analytics Company 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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