Verisk Analytics, Inc. $VRSK Shares Purchased by Federation des caisses Desjardins du Quebec

Key Points

• Federation des caisses Desjardins du Quebec increased its holdings in Verisk Analytics, Inc. by 29.0% in the first quarter, now owning 16,507 shares valued at $4.91 million.
• The company reported $1.88 EPS for the last quarter, exceeding analysts' expectations, and expects a fiscal year 2025 guidance of 6.800-7.000 EPS.
• Verisk Analytics declared a quarterly dividend of $0.45 per share, with a payout ratio of 27.73%, scheduled for payment on September 30th.

Federation des caisses Desjardins du Quebec lifted its stake in Verisk Analytics, Inc. (NASDAQ:VRSK - Free Report) by 29.0% during the first quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 16,507 shares of the business services provider's stock after buying an additional 3,715 shares during the period. Federation des caisses Desjardins du Quebec's holdings in Verisk Analytics were worth $4,913,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors have also recently bought and sold shares of the stock. Assenagon Asset Management S.A. lifted its holdings in shares of Verisk Analytics by 225.2% in the 1st quarter. Assenagon Asset Management S.A. now owns 14,919 shares of the business services provider's stock valued at $4,440,000 after purchasing an additional 10,331 shares during the last quarter. Simon Quick Advisors LLC purchased a new stake in Verisk Analytics in the first quarter valued at approximately $237,000. Oppenheimer & Co. Inc. acquired a new stake in shares of Verisk Analytics in the first quarter valued at approximately $202,000. Vontobel Holding Ltd. grew its position in shares of Verisk Analytics by 21.9% during the first quarter. Vontobel Holding Ltd. now owns 77,807 shares of the business services provider's stock worth $23,157,000 after acquiring an additional 13,995 shares during the last quarter. Finally, Summit Trail Advisors LLC increased its holdings in shares of Verisk Analytics by 88.4% in the 1st quarter. Summit Trail Advisors LLC now owns 2,018 shares of the business services provider's stock valued at $601,000 after acquiring an additional 947 shares during the period. 90.00% of the stock is currently owned by institutional investors and hedge funds.

Verisk Analytics Price Performance

Shares of Verisk Analytics stock traded down $4.37 during trading on Tuesday, reaching $268.66. The company's stock had a trading volume of 889,755 shares, compared to its average volume of 909,831. The business has a 50 day moving average price of $282.25 and a 200-day moving average price of $293.75. Verisk Analytics, Inc. has a 12-month low of $259.01 and a 12-month high of $322.92. The company has a market capitalization of $37.53 billion, a P/E ratio of 41.40, a price-to-earnings-growth ratio of 3.83 and a beta of 0.86. The company has a quick ratio of 1.53, a current ratio of 1.53 and a debt-to-equity ratio of 10.34.

Verisk Analytics (NASDAQ:VRSK - Get Free Report) last issued its 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. Verisk Analytics had a net margin of 30.67% and a return on equity of 460.89%. The company had revenue of $772.60 million during the quarter, compared to analysts' expectations of $767.91 million. The firm's quarterly revenue was up 7.8% compared to the same quarter last year. During the same period last year, the company posted $1.74 earnings per share. Verisk Analytics has set its FY 2025 guidance at 6.800-7.000 EPS. As a group, sell-side analysts anticipate that Verisk Analytics, Inc. will post 6.63 EPS for the current year.

Verisk Analytics Announces Dividend

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

Analysts Set New Price Targets

Several research analysts have issued reports on VRSK shares. Morgan Stanley raised their price objective on shares of Verisk Analytics from $317.00 to $319.00 and gave the stock an "equal weight" rating in a research report on Thursday, July 31st. UBS Group lowered their price target on Verisk Analytics from $320.00 to $300.00 and set a "neutral" rating on the stock in a report on Thursday, July 31st. Wolfe Research initiated coverage on Verisk Analytics in a research report on Wednesday, September 3rd. They issued an "outperform" rating and a $320.00 price target on the stock. Finally, Raymond James Financial set a $315.00 price objective on 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 given a Hold rating and one has given a Sell rating to the company. Based on data from MarketBeat.com, the stock presently has a consensus rating of "Hold" and an average price target of $306.91.

Insider Transactions at Verisk Analytics

In other Verisk Analytics news, insider Nicholas Daffan sold 5,420 shares of the stock in a transaction on Wednesday, September 3rd. The stock was sold at an average price of $265.00, for a total transaction of $1,436,300.00. Following the sale, the insider owned 54,337 shares in the company, valued at approximately $14,399,305. This represents a 9.07% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this link. Also, CEO Lee Shavel sold 1,100 shares of the business's stock in a transaction on Monday, August 18th. The stock was 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 of the company's stock, valued at approximately $21,147,865.07. This trade represents a 1.37% decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders have sold 25,621 shares of company stock worth $7,574,943 in the last quarter. 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.