Credit Agricole S A Has $15.55 Million Stock Holdings in Verisk Analytics, Inc. $VRSK

Key Points

• Credit Agricole S A increased its stake in Verisk Analytics by 5.8%, acquiring an additional 2,851 shares during the first quarter, bringing their total holdings to 52,240 shares valued at approximately $15.5 million.
• Verisk Analytics reported $1.88 EPS for the latest quarter, surpassing analyst expectations, and set its FY 2025 guidance at 6.800-7.000 EPS.
• The company announced a quarterly dividend of $0.45, with a yield of 0.7%, to be paid on September 30th to investors of record.

Credit Agricole S A lifted its position in shares of Verisk Analytics, Inc. (NASDAQ:VRSK - Free Report) by 5.8% during the 1st quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 52,240 shares of the business services provider's stock after purchasing an additional 2,851 shares during the period. Credit Agricole S A's holdings in Verisk Analytics were worth $15,548,000 at the end of the most recent quarter.

Several other institutional investors also recently modified their holdings of VRSK. NewEdge Advisors LLC increased its stake in shares of Verisk Analytics by 13.0% during the 4th quarter. NewEdge Advisors LLC now owns 4,188 shares of the business services provider's stock worth $1,153,000 after purchasing an additional 481 shares during the last quarter. MML Investors Services LLC increased its stake in shares of Verisk Analytics by 0.9% during the 4th quarter. MML Investors Services LLC now owns 37,089 shares of the business services provider's stock worth $10,215,000 after purchasing an additional 349 shares during the last quarter. State of Tennessee Department of Treasury increased its stake in shares of Verisk Analytics by 67.3% during the 4th quarter. State of Tennessee Department of Treasury now owns 32,121 shares of the business services provider's stock worth $8,847,000 after purchasing an additional 12,925 shares during the last quarter. Stifel Financial Corp increased its stake in shares of Verisk Analytics by 0.4% during the 4th quarter. Stifel Financial Corp now owns 83,058 shares of the business services provider's stock worth $22,880,000 after purchasing an additional 306 shares during the last quarter. Finally, Price T Rowe Associates Inc. MD increased its stake in shares of Verisk Analytics by 0.3% during the 4th quarter. Price T Rowe Associates Inc. MD now owns 1,421,008 shares of the business services provider's stock worth $391,389,000 after purchasing an additional 4,069 shares during the last quarter. 90.00% of the stock is currently owned by institutional investors and hedge funds.

Analyst Ratings Changes

Several analysts recently commented on VRSK shares. Morgan Stanley lifted their target price on shares of Verisk Analytics from $317.00 to $319.00 and gave the stock an "equal weight" rating in a report on Thursday, July 31st. UBS Group reduced their target price on shares of Verisk Analytics from $320.00 to $300.00 and set a "neutral" rating for the company in a report on Thursday, July 31st. Raymond James Financial set a $315.00 target price on shares of Verisk Analytics and gave the stock an "outperform" rating in a report on Monday, August 4th. Finally, Robert W. Baird lifted their target price on shares of Verisk Analytics from $320.00 to $335.00 and gave the stock an "outperform" rating in a report on Thursday, May 8th. Four investment analysts have rated the stock with a Buy rating, five have given a Hold rating and one has given a Sell rating to the stock. According to data from MarketBeat, the company has an average rating of "Hold" and a consensus target price of $305.60.

Verisk Analytics Stock Performance

NASDAQ VRSK traded down $0.73 during trading on Tuesday, reaching $266.35. The company's stock had a trading volume of 142,647 shares, compared to its average volume of 903,889. 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 has a market capitalization of $37.21 billion, a price-to-earnings ratio of 41.04, a price-to-earnings-growth ratio of 3.84 and a beta of 0.83. Verisk Analytics, Inc. has a 12 month low of $259.01 and a 12 month high of $322.92. The firm has a 50 day moving average price of $290.02 and a 200 day moving average price of $295.54.

Verisk Analytics (NASDAQ:VRSK - Get Free Report) last posted its quarterly earnings data 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 net margin of 30.67% and a return on equity of 460.89%. The business's revenue for the quarter was up 7.8% compared to the same quarter last year. During the same quarter in the previous year, the firm posted $1.74 EPS. Verisk Analytics has set its FY 2025 guidance at 6.800-7.000 EPS. As a group, equities analysts anticipate that Verisk Analytics, Inc. will post 6.63 EPS for the current fiscal year.

Verisk Analytics Dividend Announcement

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

Insider Buying and Selling

In other news, CEO Lee Shavel sold 1,100 shares of the business's stock in a transaction that occurred 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 completion of the transaction, the chief executive officer directly owned 78,907 shares in the company, valued at approximately $21,147,865.07. The trade was a 1.37% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, Director Christopher John Perry bought 1,000 shares of the company's stock in a transaction dated Wednesday, August 13th. The stock was purchased at an average price of $259.80 per share, with a total value of $259,800.00. Following the completion of the transaction, the director directly owned 1,773 shares in the company, valued at approximately $460,625.40. This represents a 129.37% increase in their position. The disclosure for this purchase can be found here. In the last ninety days, insiders sold 25,620 shares of company stock worth $7,862,427. 0.46% of the stock is owned by company insiders.

Verisk Analytics 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.