Markel Group Inc. (NYSE:MKL) Receives Consensus Rating of "Reduce" from Brokerages

Key Points

• Markel Group has a consensus “Reduce” rating from six analysts: one recommends selling and five advise holding. The average 12-month price target is $2,025, above the stock’s reported $1,837.31 opening price.
• Analyst sentiment has been mixed but cautious, with Truist cutting its price target to $1,950 and Wolfe Research initiating coverage with an “underperform” rating.
• Markel shares have declined 2.0%, while institutional investors own 77.12% of the stock. A company director also sold 76 shares, reducing her position by 10.54%.

Shares of Markel Group Inc. (NYSE:MKL - Get Free Report) have been given a consensus recommendation of "Reduce" by the six research firms that are presently covering the company, MarketBeat.com reports. One equities research analyst has rated the stock with a sell recommendation and five have given a hold recommendation to the company. The average 1-year price target among brokers that have covered the stock in the last year is $2,025.00.

MKL has been the topic of several research reports. Truist Financial dropped their price target on Markel Group from $2,100.00 to $1,950.00 and set a "hold" rating on the stock in a report on Thursday, April 30th. Weiss Ratings raised Markel Group from a "hold (c)" rating to a "hold (c+)" rating in a research note on Monday, August 3rd. Wolfe Research initiated coverage on Markel Group in a research report on Wednesday, July 1st. They set an "underperform" rating on the stock. Finally, Wall Street Zen raised Markel Group from a "sell" rating to a "hold" rating in a research report on Saturday, August 1st.

Insiders Place Their Bets

In other Markel Group news, Director Greta J. Harris sold 76 shares of the business's stock in a transaction dated Friday, May 22nd. The stock was sold at an average price of $1,847.31, for a total transaction of $140,395.56. Following the sale, the director owned 645 shares in the company, valued at approximately $1,191,514.95. The trade was a 10.54% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Corporate insiders own 1.08% of the company's stock.

Institutional Inflows and Outflows

Institutional investors have recently made changes to their positions in the company. Brighton Jones LLC acquired a new position in Markel Group in the 4th quarter worth approximately $236,000. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. raised its stake in Markel Group by 13.5% during the 1st quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 109 shares of the insurance provider's stock valued at $204,000 after purchasing an additional 13 shares during the period. Goldman Sachs Group Inc. raised its stake in Markel Group by 9.7% during the 1st quarter. Goldman Sachs Group Inc. now owns 34,704 shares of the insurance provider's stock valued at $64,883,000 after purchasing an additional 3,083 shares during the period. Empowered Funds LLC lifted its holdings in shares of Markel Group by 49.1% in the first quarter. Empowered Funds LLC now owns 416 shares of the insurance provider's stock valued at $778,000 after purchasing an additional 137 shares in the last quarter. Finally, Arrowstreet Capital Limited Partnership purchased a new stake in shares of Markel Group in the second quarter valued at $463,000. 77.12% of the stock is owned by hedge funds and other institutional investors.

Markel Group Stock Down 2.0%

MKL stock opened at $1,837.31 on Tuesday. Markel Group has a 12 month low of $1,719.41 and a 12 month high of $2,207.59. The firm has a market cap of $22.76 billion, a PE ratio of 10.10 and a beta of 0.66. The firm has a 50 day simple moving average of $1,906.11 and a 200 day simple moving average of $1,934.34. The company has a debt-to-equity ratio of 0.23, a current ratio of 0.63 and a quick ratio of 0.63.

Markel Group Company 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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