Mitsubishi UFJ Asset Management Co. Ltd. Has $22.46 Million Stock Position in Markel Group Inc. $MKL

Mitsubishi UFJ Asset Management Co. Ltd. boosted its holdings in Markel Group Inc. (NYSE:MKL) by 8.6% during the 3rd quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm owned 11,752 shares of the insurance provider’s stock after buying an additional 927 shares during the period. Mitsubishi UFJ Asset Management Co. Ltd. owned approximately 0.09% of Markel Group worth $22,462,000 as of its most recent SEC filing.

Several other hedge funds also recently modified their holdings of the business. Brighton Jones LLC acquired a new stake in shares of Markel Group in the fourth quarter worth $236,000. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. raised its stake in Markel Group by 13.5% during the 1st quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 109 shares of the insurance provider’s stock valued at $204,000 after purchasing an additional 13 shares during the last quarter. Goldman Sachs Group Inc. boosted its holdings 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 valued at $64,883,000 after purchasing an additional 3,083 shares during the period. Empowered Funds LLC boosted its holdings 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 purchasing an additional 137 shares during the period. Finally, Flagship Harbor Advisors LLC grew its position in Markel Group by 4.7% in the 2nd quarter. Flagship Harbor Advisors LLC now owns 135 shares of the insurance provider’s stock worth $270,000 after purchasing an additional 6 shares during the last quarter. 77.12% of the stock is owned by institutional investors.

Wall Street Analysts Forecast Growth

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

Insider Transactions at Markel Group

In other Markel Group news, CEO Simon Wilson sold 100 shares of Markel Group stock in a transaction that occurred on Thursday, February 26th. The stock was sold at an average price of $2,079.48, for a total transaction of $207,948.00. Following the sale, the chief executive officer directly owned 2,397 shares of the company’s stock, valued at approximately $4,984,513.56. The trade was a 4.00% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. Also, Director Steven A. Markel sold 1,330 shares of the company’s stock in a transaction that occurred on Thursday, December 11th. The shares were sold at an average price of $2,119.12, for a total value of $2,818,429.60. Following the completion of the sale, the director owned 60,368 shares in the company, valued at approximately $127,927,036.16. This represents a 2.16% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. 1.66% of the stock is owned by company insiders.

Markel Group Price Performance

NYSE:MKL opened at $2,068.81 on Monday. The company has a debt-to-equity ratio of 0.24, a quick ratio of 0.60 and a current ratio of 0.60. The company has a 50-day moving average of $2,093.33 and a 200-day moving average of $2,022.15. Markel Group Inc. has a 52 week low of $1,621.89 and a 52 week high of $2,207.59. The company has a market capitalization of $26.03 billion, a price-to-earnings ratio of 12.19 and a beta of 0.77.

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.