Bank of Nova Scotia grew its holdings in shares of Verisk Analytics, Inc. (NASDAQ:VRSK – Free Report) by 133.6% during the first quarter, Holdings Channel.com reports. The firm owned 101,272 shares of the business services provider’s stock after buying an additional 57,919 shares during the quarter. Bank of Nova Scotia’s holdings in Verisk Analytics were worth $19,216,000 as of its most recent filing with the SEC.
Other hedge funds and other institutional investors have also modified their holdings of the company. Oppenheimer Asset Management Inc. lifted its stake in Verisk Analytics by 25.6% in the 4th quarter. Oppenheimer Asset Management Inc. now owns 90,522 shares of the business services provider’s stock worth $20,249,000 after acquiring an additional 18,461 shares in the last quarter. OFI Invest Asset Management grew its stake in Verisk Analytics by 7,265.5% during the 4th quarter. OFI Invest Asset Management now owns 31,156 shares of the business services provider’s stock valued at $6,969,000 after acquiring an additional 30,733 shares in the last quarter. Stratos Wealth Partners LTD. grew its stake in Verisk Analytics by 620.0% during the 4th quarter. Stratos Wealth Partners LTD. now owns 10,721 shares of the business services provider’s stock valued at $2,398,000 after acquiring an additional 9,232 shares in the last quarter. Eastern Bank increased its holdings in shares of Verisk Analytics by 67.7% in the 4th quarter. Eastern Bank now owns 80,680 shares of the business services provider’s stock valued at $18,047,000 after purchasing an additional 32,574 shares during the period. Finally, Mirae Asset Global Investments Co. Ltd. increased its holdings in shares of Verisk Analytics by 13.6% in the 4th quarter. Mirae Asset Global Investments Co. Ltd. now owns 68,547 shares of the business services provider’s stock valued at $15,333,000 after purchasing an additional 8,181 shares during the period. 90.00% of the stock is currently owned by institutional investors.
Analysts Set New Price Targets
A number of brokerages recently commented on VRSK. Weiss Ratings downgraded shares of Verisk Analytics from a “hold (c-)” rating to a “sell (d+)” rating in a research report on Thursday, May 14th. JPMorgan Chase & Co. increased their target price on shares of Verisk Analytics from $220.00 to $230.00 and gave the stock an “overweight” rating in a research report on Thursday, April 30th. Royal Bank Of Canada restated an “outperform” rating and set a $230.00 price target on shares of Verisk Analytics in a report on Monday, March 30th. Bank of America dropped their price target on shares of Verisk Analytics from $225.00 to $190.00 and set a “neutral” rating on the stock in a research note on Tuesday, May 19th. Finally, Morgan Stanley set a $235.00 price objective on Verisk Analytics in a research report on Thursday, April 30th. One research analyst has rated the stock with a Strong Buy rating, six have issued a Buy rating, seven have issued a Hold rating and one has given a Sell rating to the company. Based on data from MarketBeat, Verisk Analytics currently has an average rating of “Hold” and a consensus target price of $234.87.
Verisk Analytics Price Performance
NASDAQ VRSK opened at $201.34 on Friday. Verisk Analytics, Inc. has a fifty-two week low of $155.94 and a fifty-two week high of $300.93. The stock’s 50-day moving average is $182.41 and its two-hundred day moving average is $189.62. The firm has a market cap of $26.38 billion, a P/E ratio of 30.65, a price-to-earnings-growth ratio of 2.25 and a beta of 0.69. The company has a debt-to-equity ratio of 10.42, a current ratio of 1.02 and a quick ratio of 1.02.
Verisk Analytics (NASDAQ:VRSK – Get Free Report) last released its quarterly earnings results on Wednesday, April 29th. The business services provider reported $1.82 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.76 by $0.06. Verisk Analytics had a negative return on equity of 2,405.75% and a net margin of 29.34%.The company had revenue of $782.60 million during the quarter, compared to the consensus estimate of $771.62 million. During the same quarter in the prior year, the company posted $1.73 EPS. The firm’s revenue was up 4.0% on a year-over-year basis. Verisk Analytics has set its FY 2026 guidance at 7.450-7.750 EPS. On average, analysts anticipate that Verisk Analytics, Inc. will post 7.64 earnings per share for the current fiscal year.
Verisk Analytics Announces Dividend
The business also recently declared a quarterly dividend, which was paid on Tuesday, June 30th. Shareholders of record on Monday, June 15th were issued a dividend of $0.50 per share. This represents a $2.00 annualized dividend and a yield of 1.0%. The ex-dividend date was Monday, June 15th. Verisk Analytics’s dividend payout ratio (DPR) is 30.44%.
Insider Buying and Selling at Verisk Analytics
In related news, Director Bruce Edward Hansen sold 2,336 shares of the firm’s stock in a transaction on Monday, June 1st. The shares were sold at an average price of $174.99, for a total value of $408,776.64. Following the transaction, the director directly owned 15,868 shares in the company, valued at approximately $2,776,741.32. This trade represents a 12.83% decrease in their position. The transaction was disclosed in a filing with the SEC, which is available through this link. Also, Director Samuel G. Liss sold 6,765 shares of Verisk Analytics stock in a transaction on Tuesday, June 2nd. The stock was sold at an average price of $177.63, for a total transaction of $1,201,666.95. Following the completion of the transaction, the director owned 69,098 shares in the company, valued at $12,273,877.74. This trade represents a 8.92% decrease in their position. The SEC filing for this sale provides additional information. Insiders have sold a total of 16,507 shares of company stock worth $2,925,710 over the last 90 days. Insiders own 0.52% of the company’s stock.
Verisk Analytics Profile
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.
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