Fenimore Asset Management Inc Raises Stock Holdings in Verisk Analytics, Inc. $VRSK

Fenimore Asset Management Inc boosted its position in shares of Verisk Analytics, Inc. (NASDAQ:VRSKFree Report) by 2.8% in the third quarter, according to its most recent filing with the Securities & Exchange Commission. The fund owned 137,744 shares of the business services provider’s stock after buying an additional 3,773 shares during the quarter. Fenimore Asset Management Inc’s holdings in Verisk Analytics were worth $34,644,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other large investors have also added to or reduced their stakes in the company. Norges Bank purchased a new position in shares of Verisk Analytics in the second quarter valued at about $556,192,000. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC grew its stake in shares of Verisk Analytics by 35.6% in the first quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC now owns 1,653,727 shares of the business services provider’s stock worth $492,182,000 after purchasing an additional 434,053 shares during the last quarter. Goldman Sachs Group Inc. grew its stake in shares of Verisk Analytics by 49.5% in the first quarter. Goldman Sachs Group Inc. now owns 1,139,913 shares of the business services provider’s stock worth $339,261,000 after purchasing an additional 377,614 shares during the last quarter. Arrowstreet Capital Limited Partnership increased its holdings in Verisk Analytics by 70.1% during the 2nd quarter. Arrowstreet Capital Limited Partnership now owns 552,736 shares of the business services provider’s stock valued at $172,177,000 after purchasing an additional 227,738 shares during the period. Finally, Assenagon Asset Management S.A. increased its holdings in Verisk Analytics by 1,417.3% during the 2nd quarter. Assenagon Asset Management S.A. now owns 226,371 shares of the business services provider’s stock valued at $70,515,000 after purchasing an additional 211,452 shares during the period. Institutional investors own 90.00% of the company’s stock.

Verisk Analytics Stock Performance

Shares of Verisk Analytics stock opened at $223.69 on Thursday. Verisk Analytics, Inc. has a 12 month low of $196.99 and a 12 month high of $322.92. The firm has a market capitalization of $31.18 billion, a P/E ratio of 34.10, a P/E/G ratio of 3.52 and a beta of 0.81. The company has a current ratio of 1.19, a quick ratio of 1.19 and a debt-to-equity ratio of 8.55. The business has a fifty day simple moving average of $220.40 and a two-hundred day simple moving average of $254.60.

Verisk Analytics (NASDAQ:VRSKGet Free Report) last released its earnings results on Wednesday, October 29th. The business services provider reported $1.72 earnings per share for the quarter, topping analysts’ consensus estimates of $1.70 by $0.02. The firm had revenue of $768.30 million for the quarter, compared to the consensus estimate of $776.04 million. Verisk Analytics had a net margin of 30.42% and a return on equity of 425.42%. The company’s revenue was up 5.9% compared to the same quarter last year. During the same period in the prior year, the firm earned $1.67 EPS. Verisk Analytics has set its FY 2025 guidance at 6.800-7.000 EPS. On average, equities analysts forecast that Verisk Analytics, Inc. will post 6.63 earnings per share for the current fiscal year.

Verisk Analytics Announces Dividend

The firm also recently announced a quarterly dividend, which was paid on Wednesday, December 31st. Shareholders of record on Monday, December 15th were paid a dividend of $0.45 per share. The ex-dividend date of this dividend was Monday, December 15th. This represents a $1.80 dividend on an annualized basis and a dividend yield of 0.8%. Verisk Analytics’s dividend payout ratio (DPR) is currently 27.44%.

Analyst Upgrades and Downgrades

Several research firms have weighed in on VRSK. Rothschild Redb cut Verisk Analytics from a “hold” rating to a “strong sell” rating in a report on Thursday, October 16th. Barclays upgraded Verisk Analytics from an “equal weight” rating to an “overweight” rating and decreased their target price for the company from $310.00 to $275.00 in a report on Thursday, October 30th. The Goldman Sachs Group cut their price target on shares of Verisk Analytics from $315.00 to $239.00 and set a “neutral” rating on the stock in a report on Thursday, October 30th. Wells Fargo & Company reduced their price objective on shares of Verisk Analytics from $334.00 to $300.00 and set an “overweight” rating on the stock in a research report on Thursday, October 30th. Finally, Seaport Res Ptn upgraded shares of Verisk Analytics to a “strong-buy” rating in a report on Wednesday, October 1st. One equities research analyst has rated the stock with a Strong Buy rating, seven have issued a Buy rating, seven have assigned a Hold rating and three have issued a Sell rating to the stock. Based on data from MarketBeat, the company has a consensus rating of “Hold” and an average price target of $278.64.

Check Out Our Latest Report on Verisk Analytics

Insider Activity

In other news, CFO Elizabeth Mann sold 300 shares of Verisk Analytics stock in a transaction that occurred on Tuesday, December 16th. The shares were sold at an average price of $219.54, for a total transaction of $65,862.00. Following the completion of the transaction, the chief financial officer directly owned 14,265 shares in the company, valued at approximately $3,131,738.10. This trade represents a 2.06% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website. Also, Director Gregory Hendrick purchased 500 shares of the business’s stock in a transaction that occurred on Friday, October 31st. The stock was bought at an average price of $216.14 per share, for a total transaction of $108,070.00. Following the purchase, the director directly owned 2,536 shares in the company, valued at $548,131.04. The trade was a 24.56% increase in their ownership of the stock. The disclosure for this purchase is available in the SEC filing. In the last ninety days, insiders bought 1,450 shares of company stock valued at $314,663 and sold 2,000 shares valued at $442,317. Company insiders own 0.46% of the company’s stock.

About Verisk Analytics

(Free Report)

Verisk Analytics, Inc (NASDAQ: VRSK) is a data analytics and decision‑support provider that helps organizations assess and manage risk. The company supplies data, predictive models and software to customers in insurance, reinsurance, financial services, government, energy and other commercial markets. Its offerings are designed to support underwriting, pricing, claims management, catastrophe modeling, fraud detection and regulatory compliance, enabling clients to make more informed operational and strategic decisions.

Verisk’s product portfolio combines large proprietary datasets with analytics platforms and industry‑specific applications.

See Also

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Institutional Ownership by Quarter for Verisk Analytics (NASDAQ:VRSK)

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