KLP Kapitalforvaltning AS cut its holdings in shares of Verisk Analytics, Inc. (NASDAQ:VRSK – Free Report) by 44.0% during the fourth quarter, HoldingsChannel.com reports. The fund owned 57,070 shares of the business services provider’s stock after selling 44,900 shares during the quarter. KLP Kapitalforvaltning AS’s holdings in Verisk Analytics were worth $12,766,000 as of its most recent filing with the Securities and Exchange Commission.
A number of other hedge funds have also modified their holdings of the business. M&T Bank Corp grew its position in shares of Verisk Analytics by 115.9% during the fourth quarter. M&T Bank Corp now owns 34,125 shares of the business services provider’s stock worth $7,633,000 after acquiring an additional 18,318 shares during the last quarter. Universal Beteiligungs und Servicegesellschaft mbH grew its position in shares of Verisk Analytics by 10.2% during the fourth quarter. Universal Beteiligungs und Servicegesellschaft mbH now owns 113,933 shares of the business services provider’s stock worth $25,511,000 after acquiring an additional 10,538 shares during the last quarter. Novem Group purchased a new position in shares of Verisk Analytics during the fourth quarter worth approximately $1,015,000. Evergreen Capital Management LLC grew its position in shares of Verisk Analytics by 497.0% during the fourth quarter. Evergreen Capital Management LLC now owns 5,260 shares of the business services provider’s stock worth $1,177,000 after acquiring an additional 4,379 shares during the last quarter. Finally, Legacy Advisors LLC grew its position in shares of Verisk Analytics by 3.8% during the fourth quarter. Legacy Advisors LLC now owns 1,295 shares of the business services provider’s stock worth $290,000 after acquiring an additional 48 shares during the last quarter. 90.00% of the stock is currently owned by hedge funds and other institutional investors.
Insider Buying and Selling at Verisk Analytics
In related news, Director Christopher John Perry purchased 1,000 shares of the firm’s stock in a transaction that occurred on Friday, February 20th. The stock was purchased at an average cost of $180.00 per share, with a total value of $180,000.00. Following the completion of the acquisition, the director directly owned 2,994 shares in the company, valued at $538,920. This trade represents a 50.15% increase in their ownership of the stock. The acquisition was disclosed in a filing with the SEC, which is accessible through this link. Also, CFO Elizabeth Mann sold 400 shares of the stock in a transaction on Wednesday, April 15th. The stock was sold at an average price of $171.57, for a total value of $68,628.00. Following the sale, the chief financial officer directly owned 19,984 shares of the company’s stock, valued at approximately $3,428,654.88. This represents a 1.96% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. 0.52% of the stock is owned by company insiders.
Verisk Analytics Price Performance
Verisk Analytics (NASDAQ:VRSK – Get Free Report) last issued its quarterly earnings results on Wednesday, February 18th. The business services provider reported $1.82 earnings per share for the quarter, topping the consensus estimate of $1.60 by $0.22. Verisk Analytics had a return on equity of 357.00% and a net margin of 29.56%.The firm had revenue of $778.80 million during the quarter, compared to the consensus estimate of $773.74 million. During the same period last year, the company earned $1.61 earnings per share. The company’s revenue for the quarter was up 5.8% on a year-over-year basis. Verisk Analytics has set its FY 2026 guidance at 7.450-7.75 EPS. Sell-side analysts forecast that Verisk Analytics, Inc. will post 7.63 EPS for the current year.
Verisk Analytics announced that its board has approved a share repurchase plan on Wednesday, February 18th that allows the company to repurchase $2.50 billion in shares. This repurchase authorization allows the business services provider to buy up to 10.1% of its shares through open market purchases. Shares repurchase plans are typically an indication that the company’s board believes its shares are undervalued.
Verisk Analytics Increases Dividend
The business also recently declared a quarterly dividend, which was paid on Tuesday, March 31st. Investors of record on Friday, March 13th were issued a dividend of $0.50 per share. This is a boost from Verisk Analytics’s previous quarterly dividend of $0.45. This represents a $2.00 annualized dividend and a dividend yield of 1.1%. The ex-dividend date of this dividend was Friday, March 13th. Verisk Analytics’s dividend payout ratio is 30.82%.
Wall Street Analysts Forecast Growth
A number of equities analysts have recently issued reports on VRSK shares. Morgan Stanley set a $230.00 target price on shares of Verisk Analytics in a research report on Thursday, February 19th. Wells Fargo & Company raised their target price on shares of Verisk Analytics from $223.00 to $240.00 and gave the stock an “overweight” rating in a research report on Monday, March 2nd. BMO Capital Markets restated an “outperform” rating on shares of Verisk Analytics in a research report on Thursday, February 19th. Raymond James Financial upgraded shares of Verisk Analytics from an “outperform” rating to a “strong-buy” rating and raised their target price for the stock from $215.00 to $260.00 in a research report on Monday, March 2nd. Finally, Wolfe Research restated an “outperform” rating on shares of Verisk Analytics in a research report on Monday, December 29th. One investment analyst has rated the stock with a Strong Buy rating, seven have assigned a Buy rating, seven have assigned a Hold rating and one has assigned a Sell rating to the company’s stock. Based on data from MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy” and an average target price of $237.20.
View Our Latest Stock Analysis on VRSK
Verisk Analytics 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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