7,777 Shares in Markel Group Inc. $MKL Acquired by AG Campbell Advisory LLC

AG Campbell Advisory LLC bought a new stake in Markel Group Inc. (NYSE:MKL) in the fourth quarter, HoldingsChannel reports. The fund bought 7,777 shares of the insurance provider’s stock, valued at approximately $16,718,000. Markel Group accounts for 5.4% of AG Campbell Advisory LLC’s portfolio, making the stock its 3rd biggest position.

A number of other large investors also recently bought and sold shares of MKL. Canerector Inc. raised its stake in shares of Markel Group by 191,036.0% during the 3rd quarter. Canerector Inc. now owns 10,703,616 shares of the insurance provider’s stock worth $20,458,463,000 after purchasing an additional 10,698,016 shares in the last quarter. Norges Bank bought a new stake in shares of Markel Group in the 4th quarter valued at approximately $317,583,000. Select Equity Group L.P. grew its stake in shares of Markel Group by 75.9% in the 2nd quarter. Select Equity Group L.P. now owns 336,369 shares of the insurance provider’s stock valued at $671,850,000 after buying an additional 145,146 shares in the last quarter. Davis Selected Advisers increased its holdings in Markel Group by 11.1% in the fourth quarter. Davis Selected Advisers now owns 415,160 shares of the insurance provider’s stock worth $892,496,000 after buying an additional 41,632 shares during the last quarter. Finally, Northwestern Mutual Wealth Management Co. increased its holdings in Markel Group by 3,235.4% in the fourth quarter. Northwestern Mutual Wealth Management Co. now owns 25,316 shares of the insurance provider’s stock worth $54,421,000 after buying an additional 24,557 shares during the last quarter. Hedge funds and other institutional investors own 77.12% of the company’s stock.

Analyst Ratings Changes

Several brokerages have recently commented on MKL. Truist Financial dropped their price target on shares of Markel Group from $2,100.00 to $1,950.00 and set a “hold” rating on the stock in a research note on Thursday, April 30th. Weiss Ratings lowered shares of Markel Group from a “hold (c+)” rating to a “hold (c)” rating in a research note on Thursday, June 11th. Wall Street Zen downgraded shares of Markel Group from a “buy” rating to a “sell” rating in a research report on Saturday, May 2nd. Finally, Brean Capital began coverage on Markel Group in a report on Tuesday, March 24th. They set a “neutral” rating and a $2,100.00 target price on the stock. Five analysts have rated the stock with a Hold rating, Based on data from MarketBeat.com, the company presently has a consensus rating of “Hold” and a consensus price target of $2,025.00.

Markel Group Stock Up 0.3%

MKL opened at $1,852.40 on Friday. The business has a 50 day moving average of $1,861.24 and a 200-day moving average of $1,982.63. The stock has a market capitalization of $23.17 billion, a price-to-earnings ratio of 13.35 and a beta of 0.67. The company has a current ratio of 0.63, a quick ratio of 0.63 and a debt-to-equity ratio of 0.24. Markel Group Inc. has a 1-year low of $1,719.41 and a 1-year high of $2,207.59.

Markel Group (NYSE:MKL) last issued its quarterly earnings results on Tuesday, April 28th. The insurance provider reported ($18.90) earnings per share for the quarter, missing analysts’ consensus estimates of $26.38 by ($45.28). The company had revenue of $3.55 billion during the quarter, compared to the consensus estimate of $3.66 billion. Markel Group had a net margin of 10.85% and a return on equity of 7.90%. As a group, sell-side analysts anticipate that Markel Group Inc. will post 113.55 earnings per share for the current year.

Insider Activity

In related news, Director Diane Leopold acquired 100 shares of the business’s stock in a transaction dated Wednesday, May 6th. The stock was acquired at an average price of $1,792.61 per share, with a total value of $179,261.00. Following the completion of the transaction, the director owned 2,190 shares of the company’s stock, valued at approximately $3,925,815.90. This represents a 4.78% increase in their ownership of the stock. The purchase was disclosed in a document filed with the SEC, which is accessible through the SEC website. Also, Director Greta J. Harris sold 76 shares of Markel Group 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 value of $140,395.56. Following the sale, the director directly owned 645 shares in the company, valued at $1,191,514.95. The trade was a 10.54% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Insiders own 1.08% of the company’s stock.

About Markel Group

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.