Markel Group Inc. (NYSE:MKL) Receives $2,025.00 Consensus Target Price from Analysts

Shares of Markel Group Inc. (NYSE:MKL) have earned a consensus rating of “Reduce” from the six brokerages that are covering the firm, Marketbeat Ratings reports. One analyst has rated the stock with a sell recommendation and five have assigned a hold recommendation to the company. The average twelve-month target price among brokers that have updated their coverage on the stock in the last year is $2,025.00.

MKL has been the subject of several recent analyst reports. Wolfe Research assumed coverage on shares of Markel Group in a research note on Wednesday, July 1st. They set an “underperform” rating for the company. Wall Street Zen raised shares of Markel Group from a “sell” rating to a “hold” rating in a report on Saturday, August 1st. Weiss Ratings raised Markel Group from a “hold (c)” rating to a “hold (c+)” rating in a research report on Monday, August 3rd. Finally, Truist Financial decreased their price objective on Markel Group from $2,100.00 to $1,950.00 and set a “hold” rating for the company in a report on Thursday, April 30th.

Insider Transactions at Markel Group

In other Markel Group news, Director Greta J. Harris sold 76 shares of the stock in a transaction dated Friday, May 22nd. The stock was sold at an average price of $1,847.31, for a total value of $140,395.56. Following the completion of the sale, the director directly owned 645 shares in the company, valued at approximately $1,191,514.95. This trade represents a 10.54% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which can be accessed through the SEC website. 1.08% of the stock is owned by corporate insiders.

Hedge Funds Weigh In On Markel Group

Hedge funds and other institutional investors have recently modified their holdings of the stock. Diversify Advisory Services LLC grew its position in Markel Group by 4.5% during the 4th quarter. Diversify Advisory Services LLC now owns 116 shares of the insurance provider’s stock worth $239,000 after purchasing an additional 5 shares during the last quarter. Keybank National Association OH grew its holdings in shares of Markel Group by 0.7% during the fourth quarter. Keybank National Association OH now owns 765 shares of the insurance provider’s stock valued at $1,644,000 after buying an additional 5 shares during the last quarter. Wellington Shields & Co. LLC grew its holdings in shares of Markel Group by 3.2% during the fourth quarter. Wellington Shields & Co. LLC now owns 160 shares of the insurance provider’s stock valued at $344,000 after buying an additional 5 shares during the last quarter. Root Financial Partners LLC increased its position in shares of Markel Group by 13.9% in the 4th quarter. Root Financial Partners LLC now owns 41 shares of the insurance provider’s stock valued at $88,000 after acquiring an additional 5 shares during the period. Finally, Moneta Group Investment Advisors LLC increased its position in shares of Markel Group by 4.4% in the 4th quarter. Moneta Group Investment Advisors LLC now owns 118 shares of the insurance provider’s stock valued at $254,000 after acquiring an additional 5 shares during the period. 77.12% of the stock is owned by hedge funds and other institutional investors.

Markel Group Stock Performance

MKL stock opened at $1,835.70 on Tuesday. Markel Group has a one year low of $1,719.41 and a one year high of $2,207.59. The firm has a market cap of $22.74 billion, a price-to-earnings ratio of 10.09 and a beta of 0.66. 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 firm has a 50-day simple moving average of $1,909.53 and a two-hundred day simple moving average of $1,930.06.

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.