Markel Group Inc. (NYSE:MKL) Receives Average Rating of “Hold” from Brokerages

Markel Group Inc. (NYSE:MKL) has earned an average rating of “Hold” from the six research firms that are presently covering the stock, Marketbeat Ratings reports. Five investment analysts have rated the stock with a hold rating and one has issued a buy rating on the company. The average 1-year price target among brokers that have issued a report on the stock in the last year is $2,025.00.

Several analysts have recently weighed in on the stock. Weiss Ratings cut shares of Markel Group from a “buy (b)” rating to a “hold (c+)” rating in a research note on Wednesday, April 29th. Truist Financial dropped their price target on shares of Markel Group from $2,100.00 to $1,950.00 and set a “hold” rating for the company in a research note on Thursday, April 30th. Wall Street Zen cut shares of Markel Group from a “buy” rating to a “sell” rating in a research note on Saturday, May 2nd. Finally, Brean Capital assumed coverage on shares of Markel Group in a research note on Tuesday, March 24th. They issued a “neutral” rating and a $2,100.00 price target for the company.

Insider Activity at Markel Group

In other news, Director Diane Leopold purchased 50 shares of the company’s stock in a transaction dated Thursday, May 7th. The stock was acquired at an average price of $1,789.19 per share, with a total value of $89,459.50. Following the purchase, the director directly owned 550 shares in the company, valued at approximately $984,054.50. This represents a 10.00% increase in their position. The acquisition was disclosed in a filing with the SEC, which is available at the SEC website. Also, Director Greta J. Harris sold 76 shares of the company’s stock in a transaction that occurred on 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 completion of the transaction, the director owned 645 shares in the company, valued at approximately $1,191,514.95. This represents a 10.54% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Corporate insiders own 1.08% of the company’s stock.

Hedge Funds Weigh In On Markel Group

Several large investors have recently made changes to their positions in the stock. Diversify Advisory Services LLC lifted its holdings in shares of Markel Group by 4.5% in the 4th quarter. Diversify Advisory Services LLC now owns 116 shares of the insurance provider’s stock worth $239,000 after acquiring an additional 5 shares during the last quarter. Keybank National Association OH lifted its holdings in shares of Markel Group by 0.7% in the 4th quarter. Keybank National Association OH now owns 765 shares of the insurance provider’s stock worth $1,644,000 after acquiring an additional 5 shares during the last quarter. Wellington Shields & Co. LLC lifted its holdings in shares of Markel Group by 3.2% in the 4th quarter. Wellington Shields & Co. LLC now owns 160 shares of the insurance provider’s stock worth $344,000 after acquiring an additional 5 shares during the last quarter. Root Financial Partners LLC lifted its holdings in shares of Markel Group by 13.9% in the 4th quarter. Root Financial Partners LLC now owns 41 shares of the insurance provider’s stock worth $88,000 after acquiring an additional 5 shares during the last quarter. Finally, Moneta Group Investment Advisors LLC lifted its holdings in shares of Markel Group by 4.4% in the 4th quarter. Moneta Group Investment Advisors LLC now owns 118 shares of the insurance provider’s stock worth $254,000 after acquiring an additional 5 shares during the last quarter. 77.12% of the stock is currently owned by institutional investors and hedge funds.

Markel Group Stock Performance

Markel Group stock opened at $1,851.52 on Thursday. The firm has a 50 day simple moving average of $1,887.00 and a 200-day simple moving average of $2,010.22. Markel Group has a 1-year low of $1,719.41 and a 1-year high of $2,207.59. The company has a debt-to-equity ratio of 0.24, a current ratio of 0.63 and a quick ratio of 0.63. The stock has a market cap of $23.16 billion, a price-to-earnings ratio of 13.34 and a beta of 0.67.

Markel Group (NYSE:MKL) last posted its quarterly earnings results on Tuesday, April 28th. The insurance provider reported ($18.90) earnings per share for the quarter, missing the consensus estimate of $26.38 by ($45.28). Markel Group had a net margin of 10.85% and a return on equity of 7.90%. The firm had revenue of $3.55 billion during the quarter, compared to analysts’ expectations of $3.66 billion. On average, analysts expect that Markel Group will post 111.93 EPS for the current year.

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.