National Pension Service Has $69.32 Million Holdings in Verisk Analytics, Inc. $VRSK

National Pension Service raised its stake in Verisk Analytics, Inc. (NASDAQ:VRSK) by 0.7% in the second quarter, Holdings Channel.com reports. The firm owned 222,528 shares of the business services provider’s stock after acquiring an additional 1,607 shares during the period. National Pension Service’s holdings in Verisk Analytics were worth $69,317,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other institutional investors and hedge funds also recently made changes to their positions in the stock. Vanguard Group Inc. raised its position in shares of Verisk Analytics by 1.5% during the first quarter. Vanguard Group Inc. now owns 16,733,589 shares of the business services provider’s stock valued at $4,980,251,000 after buying an additional 239,483 shares during the last quarter. Alliancebernstein L.P. increased its stake in Verisk Analytics by 0.5% during the first quarter. Alliancebernstein L.P. now owns 5,235,090 shares of the business services provider’s stock valued at $1,558,067,000 after acquiring an additional 25,010 shares during the period. Invesco Ltd. raised its holdings in Verisk Analytics by 36.0% in the 1st quarter. Invesco Ltd. now owns 2,251,051 shares of the business services provider’s stock valued at $669,958,000 after acquiring an additional 596,225 shares in the last quarter. Nuveen LLC acquired a new position in Verisk Analytics in the 1st quarter valued at approximately $508,611,000. Finally, Price T Rowe Associates Inc. MD lifted its position in shares of Verisk Analytics by 19.9% in the 1st quarter. Price T Rowe Associates Inc. MD now owns 1,704,246 shares of the business services provider’s stock worth $507,219,000 after acquiring an additional 283,238 shares during the period. Institutional investors own 90.00% of the company’s stock.

Insider Activity at Verisk Analytics

In other Verisk Analytics news, Director Gregory Hendrick acquired 500 shares of Verisk Analytics stock in a transaction dated Friday, October 31st. The stock was bought at an average cost of $216.14 per share, for a total transaction of $108,070.00. Following the purchase, the director directly owned 2,536 shares in the company, valued at approximately $548,131.04. This represents a 24.56% increase in their position. The purchase was disclosed in a document filed with the SEC, which can be accessed through this link. Also, insider Nicholas Daffan sold 5,420 shares of the firm’s stock in a transaction on Wednesday, September 3rd. The shares were sold at an average price of $265.00, for a total transaction of $1,436,300.00. Following the completion of the transaction, the insider directly owned 54,337 shares of the company’s stock, valued at $14,399,305. This represents a 9.07% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Over the last ninety days, insiders purchased 1,450 shares of company stock worth $314,663 and sold 7,120 shares worth $1,880,196. Insiders own 0.46% of the company’s stock.

Analysts Set New Price Targets

A number of analysts have recently issued reports on VRSK shares. JPMorgan Chase & Co. lowered their price objective on Verisk Analytics from $315.00 to $250.00 and set an “overweight” rating on the stock in a research report on Thursday, October 30th. Wolfe Research began coverage on shares of Verisk Analytics in a research note on Wednesday, September 3rd. They set an “outperform” rating and a $320.00 price target on the stock. Barclays raised shares of Verisk Analytics from an “equal weight” rating to an “overweight” rating and lowered their price target for the company from $310.00 to $275.00 in a report on Thursday, October 30th. Seaport Res Ptn raised shares of Verisk Analytics to a “strong-buy” rating in a report on Wednesday, October 1st. Finally, Royal Bank Of Canada decreased their target price on shares of Verisk Analytics from $314.00 to $250.00 and set an “outperform” rating on the stock in a research report on Thursday, October 30th. One investment analyst has rated the stock with a Strong Buy rating, seven have issued a Buy rating, six have assigned a Hold rating and three have given a Sell rating to the company’s stock. Based on data from MarketBeat, Verisk Analytics has an average rating of “Hold” and an average price target of $282.14.

Verisk Analytics Stock Performance

Shares of VRSK stock opened at $217.68 on Friday. The stock has a 50-day moving average of $239.01 and a 200-day moving average of $275.76. The company has a debt-to-equity ratio of 8.55, a current ratio of 1.19 and a quick ratio of 1.53. The stock has a market cap of $30.34 billion, a PE ratio of 33.18, a price-to-earnings-growth ratio of 2.75 and a beta of 0.84. Verisk Analytics, Inc. has a one year low of $196.99 and a one year high of $322.92.

Verisk Analytics (NASDAQ:VRSK) last announced its quarterly earnings results on Wednesday, October 29th. The business services provider reported $1.72 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.70 by $0.02. Verisk Analytics had a net margin of 30.42% and a return on equity of 425.42%. The company had revenue of $768.30 million during the quarter, compared to analyst estimates of $776.04 million. During the same quarter in the previous year, the business earned $1.67 EPS. The firm’s revenue was up 5.9% on a year-over-year basis. Verisk Analytics has set its FY 2025 guidance at 6.800-7.000 EPS. As a group, sell-side analysts expect that Verisk Analytics, Inc. will post 6.63 earnings per share for the current year.

Verisk Analytics Dividend Announcement

The company also recently declared a quarterly dividend, which will be paid on Wednesday, December 31st. Shareholders of record on Monday, December 15th will be given a dividend of $0.45 per share. The ex-dividend date of this dividend is Monday, December 15th. This represents a $1.80 dividend on an annualized basis and a yield of 0.8%. Verisk Analytics’s dividend payout ratio is 27.44%.

About Verisk Analytics

Verisk Analytics, Inc provides data analytics and technology solutions to the insurance markets in the United States and internationally. It offers policy language, prospective loss costs, policy writing and rating rules, and various underwriting solutions for risk selection and segmentation, pricing, and workflow optimization; property- and auto- specific rating and underwriting information solutions that allows clients to understand, quantify, underwrite, mitigate, and avoid potential loss for risks; catastrophe modeling solutions, which enables companies to identify, quantify, and plan for the financial consequences of catastrophes for use by insurers, reinsurers, intermediaries, financial institutions, and governments.