AG2R LA Mondiale Gestion D Actifs Invests $1.78 Million 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 position in Verisk Analytics, Inc. (NASDAQ:VRSK - Free Report) during the 1st quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The firm bought 5,652 shares of the business services provider's stock, valued at approximately $1,776,000.

A number of other institutional investors and hedge funds have also recently added to or reduced their stakes in the stock. Swedbank AB grew its position in Verisk Analytics by 1.8% during the first quarter. Swedbank AB now owns 108,792 shares of the business services provider's stock valued at $32,379,000 after purchasing an additional 1,903 shares in the last quarter. Voya Investment Management LLC grew its position in Verisk Analytics by 24.1% during the first quarter. Voya Investment Management LLC now owns 303,480 shares of the business services provider's stock valued at $90,076,000 after purchasing an additional 58,954 shares in the last quarter. First Hawaiian Bank grew its position in Verisk Analytics by 3.0% during the first quarter. First Hawaiian Bank now owns 9,974 shares of the business services provider's stock valued at $2,968,000 after purchasing an additional 292 shares in the last quarter. Inspire Investing LLC grew its position in Verisk Analytics by 0.5% during the first quarter. Inspire Investing LLC now owns 13,428 shares of the business services provider's stock valued at $3,996,000 after purchasing an additional 70 shares in the last quarter. Finally, Strs Ohio purchased a new position in Verisk Analytics during the first quarter valued at approximately $11,012,000. 90.00% of the stock is owned by hedge funds and other institutional investors.

Verisk Analytics Price Performance

NASDAQ:VRSK opened at $262.20 on Friday. The stock has a market cap of $36.63 billion, a P/E ratio of 40.40, a PEG ratio of 3.77 and a beta of 0.86. Verisk Analytics, Inc. has a one year low of $259.01 and a one year high of $322.92. The company has a fifty day moving average price of $279.01 and a 200 day moving average price of $292.89. The company has a debt-to-equity ratio of 10.34, a current ratio of 1.53 and a quick ratio of 1.53.

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

Verisk Analytics Announces Dividend

The firm also recently declared a quarterly dividend, which will be paid on Tuesday, September 30th. Shareholders of record on Monday, September 15th will be issued a $0.45 dividend. This represents a $1.80 annualized dividend and a yield of 0.7%. The ex-dividend date of this dividend is Monday, September 15th. Verisk Analytics's payout ratio is 27.73%.

Insider Transactions at Verisk Analytics

In other Verisk Analytics news, CEO Lee Shavel sold 1,100 shares of the business's stock in a transaction on Monday, August 18th. The shares were sold at an average price of $268.01, for a total value of $294,811.00. Following the sale, the chief executive officer owned 78,907 shares of the company's stock, valued at $21,147,865.07. The trade was a 1.37% decrease in their position. The sale was disclosed in a filing with the SEC, which can be accessed through this link. Also, Director Christopher John Perry purchased 1,000 shares of the stock in a transaction on Wednesday, August 13th. The stock was acquired at an average cost of $259.80 per share, for a total transaction of $259,800.00. Following the acquisition, the director directly owned 1,773 shares in the company, valued at approximately $460,625.40. This trade represents a 129.37% increase in their ownership of the stock. The disclosure for this purchase can be found here. Over the last three months, insiders have sold 13,965 shares of company stock worth $3,925,916. 0.46% of the stock is currently owned by company insiders.

Analysts Set New Price Targets

VRSK has been the topic of a number of research analyst reports. Morgan Stanley boosted their price objective on shares of Verisk Analytics from $317.00 to $319.00 and gave the company an "equal weight" rating in a research report on Thursday, July 31st. UBS Group lowered their price objective on shares of Verisk Analytics from $320.00 to $300.00 and set a "neutral" rating on the stock in a research report on Thursday, July 31st. Wolfe Research initiated coverage on shares of Verisk Analytics in a research report on Wednesday, September 3rd. They issued an "outperform" rating and a $320.00 target price for the company. Finally, Raymond James Financial set a $315.00 target price on shares of Verisk Analytics and gave the stock an "outperform" rating in a research report on Monday, August 4th. Five research analysts have rated the stock with a Buy rating, five have issued a Hold rating and one has issued a Sell rating to the stock. Based on data from MarketBeat.com, the stock has an average rating of "Hold" and an average price target of $306.91.

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.

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