Markel Group (NYSE:MKL) Now Covered by DOWLING & PARTN

DOWLING & PARTN assumed coverage on shares of Markel Group (NYSE:MKL) in a research report sent to investors on Wednesday morning,Zacks reports. The firm issued a hold rating on the insurance provider’s stock. DOWLING & PARTN also issued estimates for Markel Group’s FY2026 earnings at $105.00 EPS and FY2027 earnings at $125.00 EPS.

Several other brokerages have also weighed in on MKL. Weiss Ratings lowered shares of Markel Group from a “buy (b-)” rating to a “hold (c+)” rating in a report on Wednesday, October 28th. Wall Street Zen upgraded shares of Markel Group from a “sell” rating to a “hold” rating in a research note on Saturday, August 1st. Five investment analysts have rated the stock with a Hold rating and one has assigned a Sell rating to the stock. Based on data from MarketBeat, the company currently has an average rating of “Reduce” and an average target price of $2,025.00.

Markel Group Stock Down 0.2%

MKL stock opened at $1,950.92 on Wednesday. The company has a current ratio of 0.66, a quick ratio of 0.66 and a debt-to-equity ratio of 0.24. The firm has a 50 day simple moving average of $1,807.75 and a 200-day simple moving average of $1,896.42. The company has a market capitalization of $23.86 billion, a P/E ratio of 13.86 and a beta of 0.60. Markel Group has a twelve month low of $1,704.17 and a twelve month high of $2,207.59.

Institutional Investors Weigh In On Markel Group

A number of institutional investors have recently made changes to their positions in the company. BlackRock Inc. acquired a new stake in shares of Markel Group during the 2nd quarter worth approximately $1,362,880,000. Bank of America Corp DE bought a new stake in shares of Markel Group in the 2nd quarter worth approximately $231,608,000. Davis Asset Management L.P. acquired a new position in Markel Group during the 2nd quarter valued at approximately $179,882,000. Legal & General Group Plc acquired a new position in Markel Group during the 2nd quarter valued at approximately $122,219,000. Finally, Bank of New York Mellon Corp bought a new position in Markel Group during the 2nd quarter worth $68,051,000. 77.12% of the stock is currently owned by institutional investors.

Markel Group Company Profile

Markel Group Inc (NYSE: MKL) is a diversified holding company focused on specialty insurance, reinsurance, investments and industrial businesses. Through its insurance operations, the company provides coverage for risks that may be complex, specialized or underserved by standard insurance markets.

Markel’s insurance offerings include property and casualty coverage, professional liability, marine and energy insurance, workers’ compensation, and other specialty products. Its reinsurance business assumes portions of risk from other insurers.