Fayez Sarofim & Co Has $167.97 Million Position in Verisk Analytics, Inc. $VRSK

Fayez Sarofim & Co lowered its holdings in Verisk Analytics, Inc. (NASDAQ:VRSK) by 4.1% in the second quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 539,235 shares of the business services provider’s stock after selling 22,848 shares during the period. Fayez Sarofim & Co’s holdings in Verisk Analytics were worth $167,972,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds have also modified their holdings of VRSK. AlphaCore Capital LLC acquired a new position in Verisk Analytics during the second quarter valued at $27,000. Spurstone Advisory Services LLC purchased a new position in Verisk Analytics during the 2nd quarter valued at about $29,000. NewSquare Capital LLC increased its holdings in shares of Verisk Analytics by 69.0% in the 2nd quarter. NewSquare Capital LLC now owns 98 shares of the business services provider’s stock valued at $31,000 after purchasing an additional 40 shares during the period. Hantz Financial Services Inc. lifted its position in shares of Verisk Analytics by 62.7% in the second quarter. Hantz Financial Services Inc. now owns 109 shares of the business services provider’s stock worth $34,000 after purchasing an additional 42 shares in the last quarter. Finally, Elevation Point Wealth Partners LLC purchased a new stake in shares of Verisk Analytics in the second quarter worth approximately $34,000. Hedge funds and other institutional investors own 90.00% of the company’s stock.

Wall Street Analysts Forecast Growth

Several research analysts have weighed in on VRSK shares. Wells Fargo & Company dropped 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 note on Thursday, October 30th. JPMorgan Chase & Co. lowered their target price on Verisk Analytics from $315.00 to $250.00 and set an “overweight” rating on the stock in a research note on Thursday, October 30th. Argus lowered Verisk Analytics from a “buy” rating to a “hold” rating in a research report on Friday, November 14th. Barclays upgraded Verisk Analytics from an “equal weight” rating to an “overweight” rating and reduced their price target for the company from $310.00 to $275.00 in a report on Thursday, October 30th. Finally, Weiss Ratings reissued a “hold (c)” rating on shares of Verisk Analytics in a research note on Monday, December 1st. One investment analyst has rated the stock with a Strong Buy rating, seven have issued a Buy rating, seven have given a Hold rating and three have assigned a Sell rating to the stock. Based on data from MarketBeat.com, the stock has an average rating of “Hold” and an average target price of $282.14.

Insider Buying and Selling at Verisk Analytics

In related news, CEO Lee Shavel sold 1,100 shares of the stock in a transaction that occurred on Monday, November 17th. The stock was sold at an average price of $216.99, for a total transaction of $238,689.00. Following the completion of the sale, the chief executive officer owned 77,807 shares in the company, valued at $16,883,340.93. This represents a 1.39% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. Also, Director Jeffrey J. Dailey purchased 500 shares of the company’s stock in a transaction on Friday, October 31st. The stock was acquired at an average cost of $217.03 per share, for a total transaction of $108,515.00. Following the completion of the transaction, the director owned 3,962 shares in the company, valued at approximately $859,872.86. This trade represents a 14.44% increase in their ownership of the stock. Additional details regarding this purchase are available in the official SEC disclosure. In the last ninety days, insiders have acquired 1,450 shares of company stock worth $314,663 and have sold 2,000 shares worth $452,871. 0.46% of the stock is currently owned by company insiders.

Verisk Analytics Trading Down 1.0%

NASDAQ:VRSK opened at $218.96 on Tuesday. The company’s 50 day moving average is $228.24 and its 200-day moving average is $265.69. The company has a quick ratio of 1.19, a current ratio of 1.19 and a debt-to-equity ratio of 8.55. Verisk Analytics, Inc. has a 12 month low of $196.99 and a 12 month high of $322.92. The firm has a market cap of $30.52 billion, a price-to-earnings ratio of 33.38, a P/E/G ratio of 3.48 and a beta of 0.81.

Verisk Analytics (NASDAQ:VRSK) last posted its earnings results on Wednesday, October 29th. The business services provider reported $1.72 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $1.70 by $0.02. The business had revenue of $768.30 million for the quarter, compared to analyst estimates of $776.04 million. Verisk Analytics had a net margin of 30.42% and a return on equity of 425.42%. Verisk Analytics’s revenue was up 5.9% compared to the same quarter last year. During the same period last year, the business posted $1.67 EPS. Verisk Analytics has set its FY 2025 guidance at 6.800-7.000 EPS. Equities analysts anticipate that Verisk Analytics, Inc. will post 6.63 EPS for the current year.

Verisk Analytics Announces Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Wednesday, December 31st. Stockholders of record on Monday, December 15th will be paid a $0.45 dividend. The ex-dividend date is Monday, December 15th. This represents a $1.80 dividend on an annualized basis and a dividend yield of 0.8%. Verisk Analytics’s payout ratio is presently 27.44%.

Verisk Analytics Company Profile

Verisk Analytics, Inc provides data analytics and technology solutions to the insurance markets in the United States and internationally. It offers policy language, prospective loss costs, policy writing and rating rules, and various underwriting solutions for risk selection and segmentation, pricing, and workflow optimization; property- and auto- specific rating and underwriting information solutions that allows clients to understand, quantify, underwrite, mitigate, and avoid potential loss for risks; catastrophe modeling solutions, which enables companies to identify, quantify, and plan for the financial consequences of catastrophes for use by insurers, reinsurers, intermediaries, financial institutions, and governments.