Markel Group Inc. $MKL is Douglass Winthrop Advisors LLC’s 9th Largest Position

Douglass Winthrop Advisors LLC raised its stake in shares of Markel Group Inc. (NYSE:MKL) by 0.3% during the 3rd quarter, Holdings Channel.com reports. The fund owned 84,238 shares of the insurance provider’s stock after acquiring an additional 287 shares during the period. Markel Group accounts for about 2.8% of Douglass Winthrop Advisors LLC’s portfolio, making the stock its 9th biggest position. Douglass Winthrop Advisors LLC’s holdings in Markel Group were worth $161,009,000 at the end of the most recent quarter.

A number of other hedge funds have also recently bought and sold shares of the company. Brighton Jones LLC bought a new position in shares of Markel Group during the fourth quarter valued at about $236,000. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. grew its position in Markel Group by 13.5% in the 1st quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 109 shares of the insurance provider’s stock worth $204,000 after purchasing an additional 13 shares in the last quarter. Goldman Sachs Group Inc. grew its position in Markel Group by 9.7% in the 1st quarter. Goldman Sachs Group Inc. now owns 34,704 shares of the insurance provider’s stock worth $64,883,000 after purchasing an additional 3,083 shares in the last quarter. Empowered Funds LLC increased its stake in Markel Group by 49.1% in the 1st quarter. Empowered Funds LLC now owns 416 shares of the insurance provider’s stock valued at $778,000 after buying an additional 137 shares during the last quarter. Finally, Savant Capital LLC lifted its position in shares of Markel Group by 8.9% during the 2nd quarter. Savant Capital LLC now owns 732 shares of the insurance provider’s stock worth $1,462,000 after buying an additional 60 shares in the last quarter. 77.12% of the stock is owned by hedge funds and other institutional investors.

Insiders Place Their Bets

In other Markel Group news, CEO Simon Wilson sold 100 shares of the firm’s stock in a transaction on Thursday, February 26th. The stock was sold at an average price of $2,079.48, for a total value of $207,948.00. Following the completion of the sale, the chief executive officer directly owned 2,397 shares of the company’s stock, valued at $4,984,513.56. This trade represents a 4.00% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is available through this link. Company insiders own 1.66% of the company’s stock.

Analysts Set New Price Targets

A number of equities analysts have recently weighed in on the company. Zacks Research downgraded Markel Group from a “strong-buy” rating to a “hold” rating in a research note on Monday, January 19th. Weiss Ratings reaffirmed a “buy (b+)” rating on shares of Markel Group in a research report on Monday, December 29th. Finally, Truist Financial boosted their price objective on Markel Group from $2,000.00 to $2,100.00 and gave the stock a “hold” rating in a research report on Friday, February 6th. Two equities research analysts have rated the stock with a Buy rating and three have assigned a Hold rating to the stock. According to data from MarketBeat, Markel Group has a consensus rating of “Hold” and a consensus price target of $2,100.00.

Markel Group Trading Down 0.8%

Shares of MKL stock opened at $1,955.01 on Thursday. The company has a quick ratio of 0.63, a current ratio of 0.63 and a debt-to-equity ratio of 0.23. The firm has a market cap of $24.59 billion, a P/E ratio of 11.52 and a beta of 0.77. The company has a 50 day moving average of $2,065.48 and a 200-day moving average of $2,024.41. Markel Group Inc. has a 12-month low of $1,621.89 and a 12-month high of $2,207.59.

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.