Stony Point Capital LLC Acquires New Position in Verisk Analytics, Inc. $VRSK

Key Points

• Stony Point Capital LLC has acquired a new stake in Verisk Analytics, purchasing 12,706 shares valued at approximately $3.78 million.
• Verisk Analytics reported a quarterly earnings per share (EPS) of $1.88, exceeding analysts' expectations of $1.77, alongside a revenue of $772.60 million.
• The company announced a quarterly dividend of $0.45, reflecting an annualized dividend yield of 0.7%, with the payment scheduled for September 30th to shareholders of record on September 15th.

Stony Point Capital LLC acquired a new position in shares of Verisk Analytics, Inc. (NASDAQ:VRSK - Free Report) during the 1st quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm acquired 12,706 shares of the business services provider's stock, valued at approximately $3,782,000.

Several other hedge funds also recently made changes to their positions in VRSK. Lido Advisors LLC grew its holdings in shares of Verisk Analytics by 27.8% during the fourth quarter. Lido Advisors LLC now owns 2,649 shares of the business services provider's stock worth $730,000 after purchasing an additional 576 shares during the last quarter. Schonfeld Strategic Advisors LLC grew its holdings in shares of Verisk Analytics by 8.5% during the fourth quarter. Schonfeld Strategic Advisors LLC now owns 8,521 shares of the business services provider's stock worth $2,347,000 after purchasing an additional 666 shares during the last quarter. Voleon Capital Management LP purchased a new position in shares of Verisk Analytics during the fourth quarter worth about $798,000. Rehmann Capital Advisory Group grew its holdings in shares of Verisk Analytics by 6.9% during the fourth quarter. Rehmann Capital Advisory Group now owns 1,041 shares of the business services provider's stock worth $287,000 after purchasing an additional 67 shares during the last quarter. Finally, Caisse DE Depot ET Placement DU Quebec grew its holdings in shares of Verisk Analytics by 54.3% during the fourth quarter. Caisse DE Depot ET Placement DU Quebec now owns 128,697 shares of the business services provider's stock worth $35,447,000 after purchasing an additional 45,269 shares during the last quarter. Hedge funds and other institutional investors own 90.00% of the company's stock.

Verisk Analytics Stock Down 1.2%

Verisk Analytics stock traded down $3.12 during trading on Tuesday, reaching $265.00. 1,116,259 shares of the company's stock were exchanged, compared to its average volume of 908,260. The company's 50-day moving average is $286.10 and its two-hundred day moving average is $294.61. The company has a debt-to-equity ratio of 10.34, a quick ratio of 1.53 and a current ratio of 1.53. Verisk Analytics, Inc. has a 52-week low of $259.01 and a 52-week high of $322.92. The firm has a market cap of $37.02 billion, a price-to-earnings ratio of 40.83, a PEG ratio of 3.80 and a beta of 0.86.

Verisk Analytics (NASDAQ:VRSK - Get Free Report) last announced its quarterly earnings results on Wednesday, July 30th. The business services provider reported $1.88 earnings per share for the quarter, topping 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 firm had revenue of $772.60 million during the quarter, compared to analysts' expectations of $767.91 million. During the same period in the prior year, the company earned $1.74 EPS. The firm's revenue was up 7.8% on a year-over-year basis. Verisk Analytics has set its FY 2025 guidance at 6.800-7.000 EPS. On average, analysts predict that Verisk Analytics, Inc. will post 6.63 earnings per share for the current year.

Verisk Analytics Announces Dividend

The company also recently disclosed 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. The ex-dividend date is Monday, September 15th. This represents a $1.80 dividend on an annualized basis and a yield of 0.7%. Verisk Analytics's payout ratio is currently 27.73%.

Insider Transactions at Verisk Analytics

In other Verisk Analytics news, insider Kathy Card Beckles sold 326 shares of the business's stock in a transaction on Thursday, July 3rd. The shares were sold at an average price of $300.86, for a total value of $98,080.36. Following the transaction, the insider owned 9,319 shares in the company, valued at $2,803,714.34. The trade was a 3.38% decrease in their position. The sale was disclosed in a filing with the SEC, which is available through the SEC website. Also, Director Samuel G. Liss sold 11,656 shares of the company's stock in a transaction dated Friday, June 13th. The shares were sold at an average price of $313.06, for a total transaction of $3,649,027.36. Following the completion of the sale, the director owned 67,244 shares in the company, valued at approximately $21,051,406.64. This trade represents a 14.77% decrease in their position. The disclosure for this sale can be found here. Insiders have sold a total of 25,620 shares of company stock worth $7,862,427 over the last three months. Insiders own 0.46% of the company's stock.

Wall Street Analysts Forecast Growth

A number of equities analysts recently issued reports on VRSK shares. 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. Robert W. Baird raised their price target on Verisk Analytics from $320.00 to $335.00 and gave the stock an "outperform" rating in a report on Thursday, May 8th. Morgan Stanley raised their price target on Verisk Analytics from $317.00 to $319.00 and gave the stock an "equal weight" rating in a report on Thursday, July 31st. Finally, Raymond James Financial set a $315.00 price target on Verisk Analytics and gave the stock an "outperform" rating in a report on Monday, August 4th. Four equities research analysts have rated the stock with a Buy rating, five have given a Hold rating and one has assigned a Sell rating to the company. According to MarketBeat.com, the company currently has a consensus rating of "Hold" and an average target price of $305.60.

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.