Greenbrier Partners Capital Management LLC Takes $49.86 Million Position in Markel Group Inc. $MKL

Key Points

• Greenbrier Partners Capital Management acquired 25,531 Markel Group shares worth approximately $49.86 million, making MKL its eighth-largest holding and representing about 3.7% of its portfolio.
• Institutional ownership remains high at 77.12%, with BlackRock, Norges Bank, Select Equity Group, Davis Selected Advisers, and Bank of New York Mellon among notable investors adding or expanding positions.
• Analyst sentiment is mixed, with one Buy, four Hold, and one Sell rating; the consensus is Hold with an average price target of $2,025, compared with the stock’s recent price of $1,791.88.

Greenbrier Partners Capital Management LLC bought a new position in shares of Markel Group Inc. (NYSE:MKL - Free Report) in the 2nd quarter, according to the company in its most recent disclosure with the SEC. The fund bought 25,531 shares of the insurance provider's stock, valued at approximately $49,862,000. Markel Group accounts for about 3.7% of Greenbrier Partners Capital Management LLC's holdings, making the stock its 8th largest holding. Greenbrier Partners Capital Management LLC owned 0.21% of Markel Group as of its most recent filing with the SEC.

Other institutional investors and hedge funds have also bought and sold shares of the company. BlackRock Inc. bought a new position in Markel Group in the 2nd quarter valued at about $1,362,880,000. Norges Bank bought a new stake in shares of Markel Group during the fourth quarter worth approximately $317,583,000. Select Equity Group L.P. grew its position in shares of Markel Group by 75.9% in the second quarter. Select Equity Group L.P. now owns 336,369 shares of the insurance provider's stock valued at $671,850,000 after purchasing an additional 145,146 shares during the last quarter. Davis Selected Advisers grew its position in shares of Markel Group by 11.1% in the fourth quarter. Davis Selected Advisers now owns 415,160 shares of the insurance provider's stock valued at $892,496,000 after purchasing an additional 41,632 shares during the last quarter. Finally, Bank of New York Mellon Corp acquired a new position in shares of Markel Group in the second quarter valued at approximately $68,051,000. Institutional investors and hedge funds own 77.12% of the company's stock.

Analyst Ratings Changes

Several analysts recently weighed in on the company. Wolfe Research assumed coverage on Markel Group in a report on Wednesday, July 1st. They set an "underperform" rating for the company. Wall Street Zen raised Markel Group from a "sell" rating to a "hold" rating in a report on Saturday, August 1st. Truist Financial lowered their price objective on Markel Group from $2,100.00 to $1,950.00 and set a "hold" rating on the stock in a research report on Thursday, April 30th. Finally, Weiss Ratings raised Markel Group from a "hold (c+)" rating to a "buy (b-)" rating in a report on Monday, August 17th. One analyst has rated the stock with a Buy rating, four have issued a Hold rating and one has given a Sell rating to the company. Based on data from MarketBeat.com, the company currently has an average rating of "Hold" and an average price target of $2,025.00.

Markel Group Stock Up 0.2%

NYSE MKL opened at $1,791.88 on Friday. The company has a current ratio of 0.63, a quick ratio of 0.63 and a debt-to-equity ratio of 0.23. Markel Group Inc. has a 1-year low of $1,719.41 and a 1-year high of $2,207.59. The company has a 50 day moving average of $1,907.86 and a 200-day moving average of $1,921.68. The company has a market cap of $22.20 billion, a price-to-earnings ratio of 9.85 and a beta of 0.66.

Markel Group Profile

Markel Group NYSE: MKL is a diversified insurance holding company best known for underwriting specialty insurance products. Founded in 1930 and headquartered in Richmond, Virginia, the company provides a wide range of commercial property and casualty coverages tailored to niche and hard-to-place risks. Its underwriting operations focus on specialty lines across multiple industries, delivering customized policy structures, program administration, and claims management services for complex exposures.

In addition to primary specialty insurance, Markel operates reinsurance and alternative risk-transfer activities and manages invested assets derived from underwriting float.

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