AG2R LA Mondiale Gestion D Actifs Makes New $1.78 Million Investment in Verisk Analytics, Inc. $VRSK

Key Points

• AG2R LA Mondiale Gestion D Actifs has invested approximately $1.78 million in Verisk Analytics, acquiring 5,652 shares during the first quarter.
• Verisk Analytics reported a 7.8% increase in quarterly revenue to $772.60 million and an EPS of $1.88, surpassing analyst expectations.
• The company declared a quarterly dividend of $0.45, with an annualized yield of 0.7%, set to be paid on September 30th.

AG2R LA Mondiale Gestion D Actifs bought a new stake in shares of Verisk Analytics, Inc. (NASDAQ:VRSK - Free Report) in the 1st quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm bought 5,652 shares of the business services provider's stock, valued at approximately $1,776,000.

Several other large investors also recently added to or reduced their stakes in the company. Swedbank AB increased its holdings in Verisk Analytics by 1.8% in the 1st quarter. Swedbank AB now owns 108,792 shares of the business services provider's stock worth $32,379,000 after acquiring an additional 1,903 shares during the last quarter. Voya Investment Management LLC increased its holdings in Verisk Analytics by 24.1% in the 1st quarter. Voya Investment Management LLC now owns 303,480 shares of the business services provider's stock worth $90,076,000 after acquiring an additional 58,954 shares during the last quarter. First Hawaiian Bank increased its holdings in Verisk Analytics by 3.0% in the 1st quarter. First Hawaiian Bank now owns 9,974 shares of the business services provider's stock worth $2,968,000 after acquiring an additional 292 shares during the last quarter. Inspire Investing LLC increased its holdings in Verisk Analytics by 0.5% in the 1st quarter. Inspire Investing LLC now owns 13,428 shares of the business services provider's stock worth $3,996,000 after acquiring an additional 70 shares during the last quarter. Finally, Strs Ohio purchased a new stake in Verisk Analytics in the 1st quarter worth about $11,012,000. Hedge funds and other institutional investors own 90.00% of the company's stock.

Wall Street Analyst Weigh In

Several research analysts have commented on the company. Wells Fargo & Company cut their target price on Verisk Analytics from $340.00 to $334.00 and set an "overweight" rating for the company in a research note on Wednesday. Wolfe Research assumed coverage on Verisk Analytics in a research note on Wednesday, September 3rd. They issued an "outperform" rating and a $320.00 target price for the company. Morgan Stanley raised their target price on Verisk Analytics from $317.00 to $319.00 and gave the stock an "equal weight" rating in a research note on Thursday, July 31st. UBS Group cut their target price on Verisk Analytics from $320.00 to $300.00 and set a "neutral" rating for the company in a research note on Thursday, July 31st. Finally, Raymond James Financial set a $315.00 target price on Verisk Analytics and gave the stock an "outperform" rating in a research note on Monday, August 4th. Five research analysts have rated the stock with a Buy rating, five have given a Hold rating and one has assigned a Sell rating to the company. According to data from MarketBeat, the company has an average rating of "Hold" and an average target price of $308.09.

Verisk Analytics Price Performance

Shares of VRSK traded down $2.90 during trading hours on Thursday, reaching $246.80. 440,578 shares of the company's stock traded hands, compared to its average volume of 920,915. The stock has a market cap of $34.48 billion, a PE ratio of 38.08, a price-to-earnings-growth ratio of 3.57 and a beta of 0.86. The company has a current ratio of 1.53, a quick ratio of 1.53 and a debt-to-equity ratio of 10.34. The firm's 50 day simple moving average is $275.85 and its 200-day simple moving average is $292.08. Verisk Analytics, Inc. has a 12 month low of $247.13 and a 12 month high of $322.92.

Verisk Analytics (NASDAQ:VRSK - Get Free Report) last issued its quarterly earnings results on Wednesday, July 30th. The business services provider reported $1.88 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $1.77 by $0.11. The firm had revenue of $772.60 million during the quarter, compared to the consensus estimate of $767.91 million. Verisk Analytics had a return on equity of 460.89% and a net margin of 30.67%.The company's revenue for the quarter was up 7.8% on a year-over-year basis. During the same quarter last year, the company posted $1.74 EPS. Verisk Analytics has set its FY 2025 guidance at 6.800-7.000 EPS. Equities analysts expect that Verisk Analytics, Inc. will post 6.63 EPS for the current year.

Verisk Analytics Announces Dividend

The firm also recently declared a quarterly dividend, which will be paid on Tuesday, September 30th. Stockholders of record on Monday, September 15th will be given a dividend of $0.45 per share. This represents a $1.80 dividend on an annualized basis and a dividend yield of 0.7%. The ex-dividend date is Monday, September 15th. Verisk Analytics's dividend payout ratio (DPR) is 27.73%.

Insider Activity

In related news, insider Kathy Card Beckles sold 326 shares of the firm's stock in a transaction dated Thursday, July 3rd. The stock was sold at an average price of $300.86, for a total transaction of $98,080.36. Following the transaction, the insider directly owned 9,319 shares of the company's stock, valued at approximately $2,803,714.34. This trade represents a 3.38% decrease in their position. The sale was disclosed in a filing with the SEC, which is accessible through this link. Also, Director Christopher John Perry acquired 1,000 shares of the firm's stock in a transaction that occurred on Wednesday, August 13th. The shares were purchased at an average cost of $259.80 per share, for a total transaction of $259,800.00. Following the completion of the acquisition, the director owned 1,773 shares in the company, valued at $460,625.40. This represents a 129.37% increase in their position. The disclosure for this purchase can be found here. In the last quarter, insiders have sold 14,265 shares of company stock worth $4,002,332. Company insiders own 0.46% of the company's stock.

Verisk Analytics Company Profile

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.