Rep. Gilbert Ray Cisneros, Jr. Sells Off Shares of W.R. Berkley Corporation (NYSE:WRB)

Representative Gilbert Ray Cisneros, Jr. (Democratic-California) recently sold shares of W.R. Berkley Corporation (NYSE:WRB). In a filing disclosed on June 08th, the Representative disclosed that they had sold between $1,001 and $15,000 in W.R. Berkley stock on May 13th. The trade occurred in the Representative’s “150 MAIN STREET TRUST > BANK OF AMERICA” account.

Representative Gilbert Ray Cisneros, Jr. also recently made the following trade(s):

• Purchased $1,001 – $15,000 in shares of SoftBank Group (OTCMKTS:SFTBF) on 6/2/2026.
• Purchased $1,001 – $15,000 in shares of Ciena (NYSE:CIEN) on 5/29/2026.
• Sold $1,001 – $15,000 in shares of AutoZone (NYSE:AZO) on 5/29/2026.
• Purchased $1,001 – $15,000 in shares of Independent Bank (NASDAQ:INDB) on 5/29/2026.
• Purchased $1,001 – $15,000 in shares of Arcutis Biotherapeutics (NASDAQ:ARQT) on 5/29/2026.
• Purchased $1,001 – $15,000 in shares of HealthEquity (NASDAQ:HQY) on 5/29/2026.
• Purchased $1,001 – $15,000 in shares of Boston Scientific (NYSE:BSX) on 5/29/2026.
• Purchased $1,001 – $15,000 in shares of Perella Weinberg Partners (NASDAQ:PWP) on 5/29/2026.
• Purchased $1,001 – $15,000 in shares of Cooper Companies (NASDAQ:COO) on 5/29/2026.
• Purchased $1,001 – $15,000 in shares of Ligand Pharmaceuticals (NASDAQ:LGND) on 5/29/2026.

W.R. Berkley Trading Up 2.0%

Shares of W.R. Berkley stock traded up $1.36 on Wednesday, hitting $68.58. 151,738 shares of the company’s stock traded hands, compared to its average volume of 2,231,720. The company has a fifty day moving average of $66.49 and a two-hundred day moving average of $68.66. The company has a debt-to-equity ratio of 0.29, a current ratio of 0.36 and a quick ratio of 0.36. W.R. Berkley Corporation has a one year low of $62.87 and a one year high of $78.96. The company has a market capitalization of $25.53 billion, a price-to-earnings ratio of 14.54, a price-to-earnings-growth ratio of 3.16 and a beta of 0.30.

W.R. Berkley (NYSE:WRB) last released its earnings results on Tuesday, April 21st. The insurance provider reported $1.30 earnings per share for the quarter, beating analysts’ consensus estimates of $1.13 by $0.17. W.R. Berkley had a net margin of 12.64% and a return on equity of 18.92%. The firm had revenue of $3.69 billion for the quarter, compared to analysts’ expectations of $3.18 billion. During the same period in the previous year, the company earned $1.01 earnings per share. The company’s quarterly revenue was up 1.3% on a year-over-year basis. As a group, sell-side analysts expect that W.R. Berkley Corporation will post 4.67 earnings per share for the current year.

W.R. Berkley Increases Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Thursday, July 2nd. Stockholders of record on Tuesday, June 23rd will be paid a $0.10 dividend. The ex-dividend date of this dividend is Tuesday, June 23rd. This represents a $0.40 dividend on an annualized basis and a dividend yield of 0.6%. This is a positive change from W.R. Berkley’s previous quarterly dividend of $0.09. W.R. Berkley’s dividend payout ratio (DPR) is presently 7.63%.

Analysts Set New Price Targets

Several analysts have recently issued reports on the stock. Brean Capital lowered shares of W.R. Berkley from a “buy” rating to a “neutral” rating and set a $73.00 price target on the stock. in a research report on Wednesday, March 25th. Wall Street Zen upgraded W.R. Berkley from a “sell” rating to a “hold” rating in a research note on Saturday, April 25th. BMO Capital Markets upgraded shares of W.R. Berkley from an “underperform” rating to a “market perform” rating and raised their price objective for the company from $64.00 to $68.00 in a research report on Thursday, April 23rd. Barclays raised their price target on shares of W.R. Berkley from $62.00 to $64.00 and gave the company an “underweight” rating in a report on Wednesday, April 22nd. Finally, Cantor Fitzgerald cut W.R. Berkley from an “overweight” rating to a “neutral” rating and reduced their target price for the stock from $75.00 to $71.00 in a research report on Thursday, April 9th. Three research analysts have rated the stock with a Buy rating, eleven have assigned a Hold rating and four have given a Sell rating to the company’s stock. Based on data from MarketBeat.com, W.R. Berkley has a consensus rating of “Reduce” and an average price target of $68.44.

Institutional Trading of W.R. Berkley

A number of institutional investors and hedge funds have recently added to or reduced their stakes in the business. Brighton Jones LLC raised its stake in W.R. Berkley by 75.6% in the fourth quarter. Brighton Jones LLC now owns 50,503 shares of the insurance provider’s stock worth $2,955,000 after buying an additional 21,737 shares in the last quarter. Empowered Funds LLC raised its position in shares of W.R. Berkley by 9.7% in the 1st quarter. Empowered Funds LLC now owns 33,990 shares of the insurance provider’s stock worth $2,419,000 after acquiring an additional 3,013 shares in the last quarter. Acadian Asset Management LLC lifted its stake in shares of W.R. Berkley by 399.0% in the 1st quarter. Acadian Asset Management LLC now owns 9,506 shares of the insurance provider’s stock valued at $675,000 after purchasing an additional 7,601 shares during the period. Cary Street Partners Financial LLC grew its stake in W.R. Berkley by 691.9% in the second quarter. Cary Street Partners Financial LLC now owns 586 shares of the insurance provider’s stock worth $43,000 after purchasing an additional 512 shares during the period. Finally, NewEdge Advisors LLC raised its holdings in W.R. Berkley by 12.0% in the second quarter. NewEdge Advisors LLC now owns 9,825 shares of the insurance provider’s stock worth $722,000 after purchasing an additional 1,056 shares in the last quarter. Hedge funds and other institutional investors own 68.82% of the company’s stock.

Key Stories Impacting W.R. Berkley

Here are the key news stories impacting W.R. Berkley this week:

• Positive Sentiment: Zacks Research raised its Q1 2028 EPS estimate for W.R. Berkley, signaling a slightly more optimistic long-term earnings outlook. Article Title
• Positive Sentiment: Zacks also lifted its FY2028 EPS estimate and highlighted WRB’s capital-return strategy, including dividends and buybacks, which supports the investment case. Article Title
• Neutral Sentiment: Analysts slightly lowered FY2027 EPS and Q3 2027 estimates, but the changes were small and do not materially change the broader earnings outlook. Article Title
• Negative Sentiment: W.R. Berkley announced the death of founder and Executive Chairman William R. Berkley, a meaningful leadership change that could create near-term uncertainty for investors. Article Title

About Representative Cisneros

Gil Cisneros (Democratic Party) is a member of the U.S. House, representing California’s 31st Congressional District. He assumed office on January 3, 2025. His current term ends on January 3, 2027.

Cisneros (Democratic Party) is running for re-election to the U.S. House to represent California’s 31st Congressional District. He declared candidacy for the 2026 election.

Gil Cisneros served in the U.S. Navy as a supply officer from 1994 to 2004. Cisneros earned a bachelor’s degree in political science from George Washington University in 1994, a master’s in business administration from Regis University in 2002, and a master’s degree in urban education policy from Brown University in 2015. His career experience includes working as a logistics manager for Frito-Lay. In 2010, Cisneros won the lottery and became involved in activism and philanthropy, founding a scholarship program for local high school students. In 2021, President Joe Biden (D) appointed Cisneros as under secretary of defense for personnel and readiness.

W.R. Berkley Company Profile

W. R. Berkley Corporation (NYSE: WRB) is a publicly traded insurance holding company that underwrites and sells commercial property and casualty insurance, specialty insurance products, and reinsurance. Headquartered in Greenwich, Connecticut, the company operates a portfolio of underwriting businesses that focus on niche and specialty commercial risks, offering coverage tailored to industries such as transportation, construction, professional services and other commercial lines.

The company’s product mix includes primary and excess casualty, property, professional liability, environmental and other specialty lines, together with treaty and facultative reinsurance solutions.