Cushing Capital Partners LLC Buys New Shares in W.R. Berkley Corporation $WRB

Cushing Capital Partners LLC bought a new position in shares of W.R. Berkley Corporation (NYSE:WRB) during the 3rd quarter, HoldingsChannel.com reports. The fund bought 12,408 shares of the insurance provider’s stock, valued at approximately $951,000.

Other hedge funds and other institutional investors have also recently bought and sold shares of the company. Baird Financial Group Inc. boosted its position in shares of W.R. Berkley by 1.8% during the 1st quarter. Baird Financial Group Inc. now owns 7,997 shares of the insurance provider’s stock worth $569,000 after purchasing an additional 141 shares in the last quarter. Crestwood Advisors Group LLC raised its stake in W.R. Berkley by 4.4% during the 2nd quarter. Crestwood Advisors Group LLC now owns 3,721 shares of the insurance provider’s stock worth $273,000 after buying an additional 158 shares during the period. Parallel Advisors LLC boosted its holdings in W.R. Berkley by 4.7% in the second quarter. Parallel Advisors LLC now owns 3,616 shares of the insurance provider’s stock worth $266,000 after acquiring an additional 161 shares in the last quarter. Checchi Capital Advisers LLC grew its stake in W.R. Berkley by 4.0% in the second quarter. Checchi Capital Advisers LLC now owns 4,334 shares of the insurance provider’s stock valued at $318,000 after acquiring an additional 165 shares during the period. Finally, Ritholtz Wealth Management increased its holdings in shares of W.R. Berkley by 2.1% during the second quarter. Ritholtz Wealth Management now owns 8,391 shares of the insurance provider’s stock valued at $617,000 after acquiring an additional 173 shares in the last quarter. 68.82% of the stock is owned by institutional investors.

Insiders Place Their Bets

In other W.R. Berkley news, major shareholder Sumitomo Insurance Co L. Mitsui acquired 204,350 shares of W.R. Berkley stock in a transaction on Thursday, December 18th. The stock was purchased at an average price of $69.38 per share, for a total transaction of $14,177,803.00. Following the purchase, the insider directly owned 48,805,938 shares of the company’s stock, valued at $3,386,155,978.44. This trade represents a 0.42% increase in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is accessible through the SEC website. Insiders acquired a total of 610,350 shares of company stock valued at $42,548,323 over the last 90 days. 23.00% of the stock is currently owned by insiders.

Key Stores Impacting W.R. Berkley

Here are the key news stories impacting W.R. Berkley this week:

• Positive Sentiment: Large insider buying — Sumitomo Insurance (Mitsui) disclosed multiple buys totaling roughly 204,000-share blocks (purchases around $69–$70 per share), increasing its stake and signaling confidence from a major, long‑standing shareholder. Insider purchases by a >10% holder often reduce perceived downside risk and can support the stock. Sumitomo Insurance Co Mitsui Buys 204,350 Shares of W.R. Berkley
• Positive Sentiment: Credit strength and baby-bond opportunity — Analysis notes WRB’s investment‑grade ratings, a strong balance sheet (~$43.7B in assets vs ~$3.08B debt), and baby bonds trading below par with yields-to-worst near 7%. That underscores WRB’s credit health and offers attractive fixed‑income entry points for investors, which can be supportive for equity sentiment. Close To 7% Investment-Grade Opportunity: W. R. Berkley’s Baby Bonds
• Positive Sentiment: Positive coverage on growth prospects — Recent commentary (Zacks, MSN) highlights WRB as a long‑term growth stock based on underwriting performance and historical total‑return outperformance versus peers; such coverage can attract longer‑term investors. Why W.R. Berkley (WRB) is a Top Growth Stock for the Long-Term
• Neutral Sentiment: Dividend and analyst mix — Market summaries note a recently declared small quarterly dividend (annualized ~$0.36, ~0.5% yield) and a range of analyst ratings (majority Hold, some Buys). The dividend is modest; analyst coverage is mixed and implies limited near‑term catalyst from upgrades alone. W.R. Berkley Overview and MarketBeat Coverage

W.R. Berkley Stock Up 0.0%

WRB opened at $70.23 on Wednesday. W.R. Berkley Corporation has a fifty-two week low of $55.97 and a fifty-two week high of $78.96. The firm has a market capitalization of $26.69 billion, a P/E ratio of 14.75, a PEG ratio of 2.68 and a beta of 0.37. The company’s 50-day moving average is $73.39 and its 200 day moving average is $72.59. The company has a debt-to-equity ratio of 0.29, a current ratio of 0.37 and a quick ratio of 0.37.

W.R. Berkley (NYSE:WRB) last posted its quarterly earnings data on Monday, October 20th. The insurance provider reported $1.10 EPS for the quarter, beating the consensus estimate of $1.07 by $0.03. W.R. Berkley had a net margin of 13.01% and a return on equity of 18.86%. The firm had revenue of $3.77 billion during the quarter, compared to analyst estimates of $3.16 billion. During the same quarter last year, the business posted $0.93 EPS. The company’s revenue for the quarter was up 10.8% on a year-over-year basis. Research analysts expect that W.R. Berkley Corporation will post 4.33 earnings per share for the current fiscal year.

W.R. Berkley Dividend Announcement

The firm also recently declared a quarterly dividend, which will be paid on Monday, December 29th. Investors of record on Monday, December 15th will be issued a dividend of $0.09 per share. This represents a $0.36 dividend on an annualized basis and a yield of 0.5%. The ex-dividend date is Monday, December 15th. W.R. Berkley’s dividend payout ratio (DPR) is 7.56%.

Analysts Set New Price Targets

WRB has been the topic of a number of recent research reports. Truist Financial set a $84.00 target price on W.R. Berkley and gave the stock a “buy” rating in a report on Tuesday, October 21st. Mizuho set a $67.00 price objective on shares of W.R. Berkley and gave the company a “neutral” rating in a research note on Monday, December 15th. Jefferies Financial Group reduced their price objective on shares of W.R. Berkley from $76.00 to $75.00 and set a “hold” rating for the company in a report on Tuesday, October 21st. Wolfe Research assumed coverage on shares of W.R. Berkley in a report on Monday, September 15th. They issued a “peer perform” rating on the stock. Finally, Weiss Ratings reaffirmed a “buy (b)” rating on shares of W.R. Berkley in a research report on Wednesday, October 8th. Three investment analysts have rated the stock with a Buy rating, eleven have issued a Hold rating and two have assigned a Sell rating to the company’s stock. According to MarketBeat, the company presently has an average rating of “Hold” and a consensus target price of $73.93.

W.R. Berkley Company Profile

W. R. Berkley Corporation (NYSE: WRB) is a publicly traded insurance holding company that underwrites and sells commercial property and casualty insurance, specialty insurance products, and reinsurance. Headquartered in Greenwich, Connecticut, the company operates a portfolio of underwriting businesses that focus on niche and specialty commercial risks, offering coverage tailored to industries such as transportation, construction, professional services and other commercial lines.

The company’s product mix includes primary and excess casualty, property, professional liability, environmental and other specialty lines, together with treaty and facultative reinsurance solutions.