Allspring Global Investments Holdings LLC Trims Stock Position in Skyward Specialty Insurance Group, Inc. $SKWD

Allspring Global Investments Holdings LLC lessened its stake in shares of Skyward Specialty Insurance Group, Inc. (NASDAQ:SKWD) by 19.6% in the 3rd quarter, according to its most recent disclosure with the SEC. The institutional investor owned 163,593 shares of the company’s stock after selling 39,983 shares during the period. Allspring Global Investments Holdings LLC’s holdings in Skyward Specialty Insurance Group were worth $7,342,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors also recently bought and sold shares of the company. California State Teachers Retirement System increased its holdings in Skyward Specialty Insurance Group by 0.9% during the 2nd quarter. California State Teachers Retirement System now owns 36,490 shares of the company’s stock worth $2,109,000 after purchasing an additional 341 shares during the period. Police & Firemen s Retirement System of New Jersey grew its position in shares of Skyward Specialty Insurance Group by 5.7% during the 2nd quarter. Police & Firemen s Retirement System of New Jersey now owns 8,516 shares of the company’s stock worth $492,000 after buying an additional 460 shares in the last quarter. Janney Montgomery Scott LLC increased its stake in shares of Skyward Specialty Insurance Group by 4.7% during the second quarter. Janney Montgomery Scott LLC now owns 10,756 shares of the company’s stock valued at $622,000 after buying an additional 479 shares during the period. Oppenheimer Asset Management Inc. raised its holdings in shares of Skyward Specialty Insurance Group by 10.5% in the second quarter. Oppenheimer Asset Management Inc. now owns 5,041 shares of the company’s stock valued at $291,000 after acquiring an additional 480 shares in the last quarter. Finally, Moran Wealth Management LLC lifted its stake in Skyward Specialty Insurance Group by 4.9% in the second quarter. Moran Wealth Management LLC now owns 10,527 shares of the company’s stock worth $608,000 after acquiring an additional 495 shares during the period. Institutional investors own 94.83% of the company’s stock.

Insider Transactions at Skyward Specialty Insurance Group

In related news, insider Sandip A. Kapadia sold 5,030 shares of the company’s stock in a transaction dated Thursday, December 18th. The stock was sold at an average price of $50.01, for a total transaction of $251,550.30. Following the transaction, the insider directly owned 8,059 shares of the company’s stock, valued at $403,030.59. This represents a 38.43% decrease in their position. The sale was disclosed in a filing with the SEC, which is available at this link. 7.86% of the stock is owned by corporate insiders.

Skyward Specialty Insurance Group Stock Down 6.0%

NASDAQ:SKWD opened at $47.43 on Wednesday. The stock has a market capitalization of $1.92 billion, a price-to-earnings ratio of 13.99 and a beta of 0.54. Skyward Specialty Insurance Group, Inc. has a 52 week low of $41.28 and a 52 week high of $65.05. The firm has a 50 day moving average of $48.59 and a 200 day moving average of $49.48.

Skyward Specialty Insurance Group (NASDAQ:SKWD) last issued its quarterly earnings results on Wednesday, October 29th. The company reported $1.05 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.85 by $0.20. Skyward Specialty Insurance Group had a return on equity of 17.30% and a net margin of 10.57%.The business had revenue of $382.53 million for the quarter, compared to the consensus estimate of $334.54 million. During the same period in the prior year, the firm posted $0.71 earnings per share. As a group, analysts expect that Skyward Specialty Insurance Group, Inc. will post 3.05 EPS for the current year.

Wall Street Analyst Weigh In

A number of research analysts have commented on SKWD shares. Keefe, Bruyette & Woods raised their target price on shares of Skyward Specialty Insurance Group from $66.00 to $69.00 and gave the company an “outperform” rating in a research report on Tuesday. Citizens Jmp increased their price objective on shares of Skyward Specialty Insurance Group from $75.00 to $80.00 and gave the company a “market outperform” rating in a research note on Thursday, December 4th. Janney Montgomery Scott started coverage on shares of Skyward Specialty Insurance Group in a report on Monday, October 6th. They set a “buy” rating and a $60.00 price objective on the stock. Citigroup restated an “outperform” rating on shares of Skyward Specialty Insurance Group in a report on Thursday, December 4th. Finally, JMP Securities set a $80.00 price target on Skyward Specialty Insurance Group in a report on Thursday, December 4th. One investment analyst has rated the stock with a Strong Buy rating, ten have issued a Buy rating and three have given a Hold rating to the company. Based on data from MarketBeat, the company currently has a consensus rating of “Moderate Buy” and an average price target of $64.55.

Key Stories Impacting Skyward Specialty Insurance Group

Here are the key news stories impacting Skyward Specialty Insurance Group this week:

• Positive Sentiment: Keefe, Bruyette & Woods raised its price target to $69 (from $66) and maintains an “outperform” rating—a meaningful analyst endorsement that supports upside expectations. Skyward Specialty Insurance price target raised to $69 from $66 at Keefe Bruyette
• Positive Sentiment: Zacks highlights that upward earnings estimate revisions are supporting the stock and could drive further gains if the trend continues. This improves the fundamental outlook and investor sentiment. Can Skyward (SKWD) Run Higher on Rising Earnings Estimates?
• Neutral Sentiment: Skyward announced the formation of “Skyward Group” as the unified holding‑company brand following the Apollo acquisition; the operating brands will remain in place. This is organizational and strategic messaging that should aid integration but has limited immediate earnings impact. Skyward Specialty Introduces Skyward Group as New Holding Company Brand
• Neutral Sentiment: Multiple trade press outlets covered the holding‑company launch and integration plans, increasing visibility but not providing new financial detail. Skyward Specialty introduces new holding company following Apollo acquisition
• Negative Sentiment: Skyward completed the Apollo acquisition and an associated equity issuance; reports note the company also entered into a new unsecured instrument. The equity issuance could be dilutive and the new financing could affect leverage—factors that likely contributed to downward pressure on the stock. Skyward Specialty Completes Apollo Acquisition and Equity Issuance

Skyward Specialty Insurance Group Company Profile

Skyward Specialty Insurance Group, Inc (NASDAQ: SKWD) is a publicly traded specialty property and casualty insurance underwriter. The company focuses on niche market segments, offering tailored insurance solutions designed to address the specific risk profiles of its target industries.

Through its underwriting platform, Skyward Specialty provides coverage in areas including general liability, professional liability, commercial package, inland marine and other selected specialty lines. Its products are distributed primarily through a network of wholesale brokers, program administrators and managing general agents, enabling the company to reach a diverse client base and adapt quickly to evolving market needs.

Headquartered in the United States, Skyward Specialty Insurance Group operates across multiple states and applies data-driven underwriting and risk management practices to maintain disciplined reserving and consistent performance.