Hudson Value Partners LLC grew its stake in Markel Group Inc. (NYSE:MKL – Free Report) by 10.6% during the 2nd quarter, according to its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 3,940 shares of the insurance provider’s stock after acquiring an additional 378 shares during the quarter. Markel Group accounts for 1.9% of Hudson Value Partners LLC’s portfolio, making the stock its 15th biggest holding. Hudson Value Partners LLC’s holdings in Markel Group were worth $7,695,000 as of its most recent filing with the Securities and Exchange Commission.
Other institutional investors have also recently modified their holdings of the company. Brighton Jones LLC bought a new position in shares of Markel Group during the fourth quarter valued at $236,000. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. boosted its stake in Markel Group by 13.5% in the 1st quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 109 shares of the insurance provider’s stock worth $204,000 after purchasing an additional 13 shares in the last quarter. Goldman Sachs Group Inc. grew its position in Markel Group by 9.7% during the 1st quarter. Goldman Sachs Group Inc. now owns 34,704 shares of the insurance provider’s stock valued at $64,883,000 after purchasing an additional 3,083 shares during the last quarter. Empowered Funds LLC grew its holdings in shares of Markel Group by 49.1% during the first quarter. Empowered Funds LLC now owns 416 shares of the insurance provider’s stock valued at $778,000 after buying an additional 137 shares during the last quarter. Finally, Arrowstreet Capital Limited Partnership bought a new stake in shares of Markel Group during the second quarter valued at approximately $463,000. 77.12% of the stock is owned by hedge funds and other institutional investors.
Analyst Ratings Changes
MKL has been the topic of several analyst reports. Truist Financial lowered their price objective on 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. Weiss Ratings raised Markel Group from a “hold (c)” rating to a “hold (c+)” rating in a report on Monday, August 3rd. Wall Street Zen raised Markel Group from a “sell” rating to a “hold” rating in a report on Saturday, August 1st. Finally, Wolfe Research began coverage on Markel Group in a research note on Wednesday, July 1st. They issued an “underperform” rating for the company. Five equities research analysts have rated the stock with a Hold rating and one has assigned a Sell rating to the stock. Based on data from MarketBeat.com, the company presently has a consensus rating of “Reduce” and a consensus price target of $2,025.00.
Insider Buying and Selling at Markel Group
In other news, Director Greta J. Harris sold 76 shares of Markel Group stock in a transaction on Friday, May 22nd. The shares were sold at an average price of $1,847.31, for a total transaction of $140,395.56. Following the transaction, the director owned 645 shares in the company, valued at $1,191,514.95. This trade represents a 10.54% decrease in their position. The sale was disclosed in a legal filing with the SEC, which is available through this hyperlink. 1.08% of the stock is owned by corporate insiders.
Markel Group Stock Up 0.1%
MKL stock opened at $1,842.10 on Wednesday. The company has a debt-to-equity ratio of 0.23, a quick ratio of 0.63 and a current ratio of 0.63. The company has a market cap of $22.82 billion, a price-to-earnings ratio of 10.13 and a beta of 0.66. The business’s 50-day moving average is $1,907.21 and its two-hundred day moving average is $1,932.81. Markel Group Inc. has a fifty-two week low of $1,719.41 and a fifty-two week high of $2,207.59.
About Markel Group
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.
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