Champlain Investment Partners LLC Boosts Stock Position in Skyward Specialty Insurance Group, Inc. $SKWD

Champlain Investment Partners LLC raised its holdings in Skyward Specialty Insurance Group, Inc. (NASDAQ:SKWD) by 19.5% during the third quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor owned 1,372,788 shares of the company’s stock after purchasing an additional 224,122 shares during the period. Champlain Investment Partners LLC’s holdings in Skyward Specialty Insurance Group were worth $65,290,000 as of its most recent SEC filing.

A number of other hedge funds have also made changes to their positions in SKWD. Segall Bryant & Hamill LLC boosted its stake in Skyward Specialty Insurance Group by 16.9% during the 3rd quarter. Segall Bryant & Hamill LLC now owns 367,582 shares of the company’s stock valued at $17,482,000 after acquiring an additional 53,187 shares during the last quarter. Royce & Associates LP raised its stake in shares of Skyward Specialty Insurance Group by 29.8% in the 3rd quarter. Royce & Associates LP now owns 162,320 shares of the company’s stock valued at $7,720,000 after purchasing an additional 37,264 shares in the last quarter. American Century Companies Inc. lifted its position in shares of Skyward Specialty Insurance Group by 9.2% during the third quarter. American Century Companies Inc. now owns 654,123 shares of the company’s stock worth $31,110,000 after purchasing an additional 55,361 shares during the last quarter. Quantbot Technologies LP grew its stake in Skyward Specialty Insurance Group by 2,365.4% in the third quarter. Quantbot Technologies LP now owns 57,074 shares of the company’s stock worth $2,714,000 after purchasing an additional 54,759 shares in the last quarter. Finally, Intech Investment Management LLC grew its stake in Skyward Specialty Insurance Group by 3.6% in the third quarter. Intech Investment Management LLC now owns 16,984 shares of the company’s stock worth $808,000 after purchasing an additional 584 shares in the last quarter. Institutional investors and hedge funds own 94.83% of the company’s stock.

Skyward Specialty Insurance Group Stock Up 4.5%

Skyward Specialty Insurance Group stock opened at $48.58 on Tuesday. Skyward Specialty Insurance Group, Inc. has a 52-week low of $42.45 and a 52-week high of $65.05. The firm has a market capitalization of $1.97 billion, a price-to-earnings ratio of 11.94 and a beta of 0.54. The firm has a 50-day moving average price of $46.73 and a two-hundred day moving average price of $47.46.

Skyward Specialty Insurance Group (NASDAQ:SKWD) last announced its quarterly earnings results on Monday, February 23rd. The company reported $1.17 EPS for the quarter, beating the consensus estimate of $0.96 by $0.21. The company had revenue of $385.59 million for the quarter, compared to analyst estimates of $380.86 million. Skyward Specialty Insurance Group had a net margin of 12.00% and a return on equity of 18.51%. During the same quarter last year, the business earned $0.80 earnings per share. Research analysts expect that Skyward Specialty Insurance Group, Inc. will post 3.05 earnings per share for the current year.

Analyst Ratings Changes

A number of research analysts have commented on SKWD shares. Citigroup reaffirmed a “market outperform” rating on shares of Skyward Specialty Insurance Group in a report on Friday, January 16th. Zacks Research cut Skyward Specialty Insurance Group from a “strong-buy” rating to a “hold” rating in a research note on Monday, February 9th. Wall Street Zen raised shares of Skyward Specialty Insurance Group from a “hold” rating to a “buy” rating in a report on Saturday, November 8th. Keefe, Bruyette & Woods increased their target price on shares of Skyward Specialty Insurance Group from $69.00 to $70.00 and gave the stock an “outperform” rating in a report on Friday. Finally, Weiss Ratings upgraded shares of Skyward Specialty Insurance Group from a “hold (c+)” rating to a “buy (b-)” rating in a research report on Friday. One investment analyst has rated the stock with a Strong Buy rating, eight have issued a Buy rating and three have assigned a Hold rating to the company. According to data from MarketBeat, Skyward Specialty Insurance Group currently has an average rating of “Moderate Buy” and an average target price of $65.80.

Insider Buying and Selling at Skyward Specialty Insurance Group

In related news, CEO Andrew S. Robinson acquired 22,100 shares of the business’s stock in a transaction that occurred on Friday, February 27th. The shares were acquired at an average cost of $46.76 per share, for a total transaction of $1,033,396.00. Following the completion of the purchase, the chief executive officer directly owned 167,674 shares in the company, valued at $7,840,436.24. This trade represents a 15.18% increase in their ownership of the stock. The acquisition was disclosed in a legal filing with the SEC, which is accessible through the SEC website. Also, insider Sandip A. Kapadia sold 5,030 shares of the company’s stock in a transaction dated Thursday, December 18th. The stock was sold at an average price of $50.01, for a total transaction of $251,550.30. Following the completion of the sale, the insider directly owned 8,059 shares of the company’s stock, valued at $403,030.59. The trade was a 38.43% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. 7.86% of the stock is owned by insiders.

Skyward Specialty Insurance Group Profile

Skyward Specialty Insurance Group, Inc (NASDAQ: SKWD) is a publicly traded specialty property and casualty insurance underwriter. The company focuses on niche market segments, offering tailored insurance solutions designed to address the specific risk profiles of its target industries.

Through its underwriting platform, Skyward Specialty provides coverage in areas including general liability, professional liability, commercial package, inland marine and other selected specialty lines. Its products are distributed primarily through a network of wholesale brokers, program administrators and managing general agents, enabling the company to reach a diverse client base and adapt quickly to evolving market needs.

Headquartered in the United States, Skyward Specialty Insurance Group operates across multiple states and applies data-driven underwriting and risk management practices to maintain disciplined reserving and consistent performance.