Corient Private Wealth LP Has $17.77 Million Stock Holdings in Verisk Analytics, Inc. $VRSK

Key Points

• Corient Private Wealth reduced its Verisk Analytics stake by 12.5% in the second quarter, selling 14,193 shares and retaining 98,992 shares valued at approximately $17.77 million. Institutional investors collectively own about 90% of Verisk’s stock.
• Verisk reported quarterly earnings of $1.98 per share, exceeding estimates of $1.93, while revenue rose 4.3% year over year to $806.3 million. The company declared a quarterly dividend of $0.50, equivalent to a 1.1% yield.
• Analysts maintain a “Moderate Buy” consensus with an average price target of $226.71, compared with the stock’s recent price of $187.03. Several insiders, including the CEO, sold shares during the past three months.

Corient Private Wealth LP decreased its holdings in Verisk Analytics, Inc. (NASDAQ:VRSK - Free Report) by 12.5% during the 2nd quarter, according to the company in its most recent filing with the SEC. The fund owned 98,992 shares of the business services provider's stock after selling 14,193 shares during the period. Corient Private Wealth LP owned approximately 0.08% of Verisk Analytics worth $17,772,000 as of its most recent SEC filing.

Other institutional investors also recently modified their holdings of the company. Raiffeisen Bank International AG lifted its holdings in shares of Verisk Analytics by 19.1% in the fourth quarter. Raiffeisen Bank International AG now owns 255,194 shares of the business services provider's stock worth $57,255,000 after acquiring an additional 40,885 shares during the last quarter. Canada Post Corp Registered Pension Plan boosted its stake in shares of Verisk Analytics by 376.7% in the 4th quarter. Canada Post Corp Registered Pension Plan now owns 10,520 shares of the business services provider's stock valued at $2,353,000 after purchasing an additional 8,313 shares in the last quarter. BNP Paribas Financial Markets grew its holdings in shares of Verisk Analytics by 22.1% during the 4th quarter. BNP Paribas Financial Markets now owns 233,328 shares of the business services provider's stock valued at $52,193,000 after purchasing an additional 42,295 shares during the last quarter. Fideuram Intesa Sanpaolo Private Banking S.P.A. bought a new stake in shares of Verisk Analytics during the 4th quarter valued at approximately $3,569,000. Finally, Oppenheimer Asset Management Inc. acquired a new position in Verisk Analytics during the 2nd quarter worth approximately $20,085,000. Institutional investors and hedge funds own 90.00% of the company's stock.

Verisk Analytics Stock Performance

Verisk Analytics stock opened at $187.03 on Tuesday. The business has a 50 day moving average of $190.12 and a 200-day moving average of $185.76. Verisk Analytics, Inc. has a 1 year low of $155.94 and a 1 year high of $263.67. The company has a debt-to-equity ratio of 10.42, a current ratio of 1.01 and a quick ratio of 1.01. The company has a market capitalization of $24.34 billion, a P/E ratio of 28.73, a P/E/G ratio of 2.01 and a beta of 0.66.

Verisk Analytics (NASDAQ:VRSK - Get Free Report) last posted its earnings results on Wednesday, July 29th. The business services provider reported $1.98 EPS for the quarter, topping the consensus estimate of $1.93 by $0.05. Verisk Analytics had a net margin of 28.24% and a negative return on equity of 239.55%. The business had revenue of $806.30 million for the quarter, compared to the consensus estimate of $804.02 million. During the same period last year, the company earned $1.88 EPS. The firm's revenue was up 4.3% compared to the same quarter last year. Verisk Analytics has set its FY 2026 guidance at 7.450-7.750 EPS. On average, equities research analysts predict that Verisk Analytics, Inc. will post 7.71 earnings per share for the current year.

Verisk Analytics Dividend Announcement

The firm also recently disclosed a quarterly dividend, which will be paid on Wednesday, September 30th. Investors of record on Tuesday, September 15th will be paid a $0.50 dividend. The ex-dividend date of this dividend is Tuesday, September 15th. This represents a $2.00 annualized dividend and a dividend yield of 1.1%. Verisk Analytics's payout ratio is currently 30.72%.

Insider Activity at Verisk Analytics

In other news, insider Kathy Beckles sold 2,020 shares of the stock in a transaction dated Friday, July 31st. The stock was sold at an average price of $195.49, for a total value of $394,889.80. Following the completion of the sale, the insider owned 11,516 shares of the company's stock, valued at approximately $2,251,262.84. This represents a 14.92% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is accessible through the SEC website. Also, CEO Lee Shavel sold 3,535 shares of the firm's stock in a transaction dated Tuesday, September 1st. The stock was sold at an average price of $193.43, for a total value of $683,775.05. Following the transaction, the chief executive officer owned 98,490 shares of the company's stock, valued at $19,050,920.70. This trade represents a 3.46% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Insiders sold 11,990 shares of company stock worth $2,396,828 over the last three months. Company insiders own 0.52% of the company's stock.

Analysts Set New Price Targets

Several equities analysts recently commented on the stock. Rothschild & Co Redburn set a $185.00 price objective on shares of Verisk Analytics and gave the company a "neutral" rating in a research note on Thursday, June 18th. Evercore set a $223.00 target price on shares of Verisk Analytics in a research note on Thursday, July 30th. Weiss Ratings upgraded shares of Verisk Analytics from a "sell (d+)" rating to a "hold (c-)" rating in a report on Tuesday, August 25th. Wells Fargo & Company increased their price target on Verisk Analytics from $240.00 to $260.00 and gave the company an "overweight" rating in a research note on Thursday, July 30th. Finally, Robert W. Baird set a $247.00 price target on Verisk Analytics in a research note on Thursday, July 30th. One analyst has rated the stock with a Strong Buy rating, six have given a Buy rating and eight have assigned a Hold rating to the company's stock. Based on data from MarketBeat.com, the stock presently has an average rating of "Moderate Buy" and a consensus target price of $226.71.

Verisk Analytics Company Profile

Verisk Analytics, Inc NASDAQ: VRSK, commonly known as Verisk, is a data analytics and technology company that helps organizations manage risk and make informed decisions. The company primarily serves the insurance industry, providing data, predictive analytics, software and decision-support tools for property and casualty insurers, life insurers and other risk-focused businesses.

Verisk's products and services support insurance underwriting, pricing, claims management, catastrophe modeling, fraud detection, actuarial analysis and regulatory compliance.

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