W.R. Berkley Corporation (NYSE:WRB – Get Free Report) has received an average recommendation of “Reduce” from the eighteen research firms that are presently covering the company, MarketBeat.com reports. Three research analysts have rated the stock with a sell rating, thirteen have issued a hold rating and two have issued a buy rating on the company. The average 12 month price objective among analysts that have issued a report on the stock in the last year is $68.8125.
WRB has been the subject of several recent research reports. Argus downgraded shares of W.R. Berkley from a “buy” rating to a “hold” rating in a research report on Monday, April 27th. Morgan Stanley decreased their target price on shares of W.R. Berkley from $73.00 to $72.00 and set an “equal weight” rating for the company in a research report on Monday, April 6th. Brean Capital downgraded shares of W.R. Berkley from a “buy” rating to a “neutral” rating and set a $73.00 target price for the company. in a research report on Wednesday, March 25th. Barclays boosted their target price on shares of W.R. Berkley from $62.00 to $64.00 and gave the stock an “underweight” rating in a research report on Wednesday, April 22nd. Finally, BMO Capital Markets raised shares of W.R. Berkley from an “underperform” rating to a “market perform” rating and boosted their target price for the stock from $64.00 to $68.00 in a research report on Thursday, April 23rd.
Read Our Latest Analysis on W.R. Berkley
Key W.R. Berkley News
- Positive Sentiment: Zacks Research raised multiple future earnings estimates for W.R. Berkley, including FY2026, FY2028, Q1 2027, Q3 2027, and Q4 2027, signaling improved profit expectations.
- Positive Sentiment: The company’s most recent quarterly results beat analyst expectations, with EPS and revenue both coming in above consensus, reinforcing the view that operating performance remains solid.
- Neutral Sentiment: Some near-term estimates were trimmed slightly for Q2 2026, Q2 2027, Q3 2026, and Q4 2026, but the changes were relatively small compared with the upward revisions to later periods.
- Neutral Sentiment: A Zacks “Strong Growth Stock” style note may add sentiment support, but it appears more educational/ratings-based than a direct fundamental catalyst. Article Title
Insider Buying and Selling
In other news, major shareholder Sumitomo Insurance Co L. Mitsui acquired 112,176 shares of W.R. Berkley stock in a transaction dated Tuesday, March 3rd. The stock was acquired at an average cost of $72.20 per share, for a total transaction of $8,099,107.20. Following the completion of the purchase, the insider owned 58,780,450 shares of the company’s stock, valued at $4,243,948,490. This represents a 0.19% increase in their ownership of the stock. The acquisition was disclosed in a filing with the SEC, which is accessible through this link. Insiders have purchased 2,183,798 shares of company stock valued at $155,530,321 over the last ninety days. Insiders own 23.30% of the company’s stock.
Institutional Trading of W.R. Berkley
A number of institutional investors and hedge funds have recently modified their holdings of WRB. Brighton Jones LLC lifted its stake in shares of W.R. Berkley by 75.6% in the fourth quarter. Brighton Jones LLC now owns 50,503 shares of the insurance provider’s stock worth $2,955,000 after buying an additional 21,737 shares during the last quarter. Empowered Funds LLC lifted its stake in shares of W.R. Berkley by 9.7% in the first quarter. Empowered Funds LLC now owns 33,990 shares of the insurance provider’s stock worth $2,419,000 after buying an additional 3,013 shares during the last quarter. Acadian Asset Management LLC lifted its stake in shares of W.R. Berkley by 399.0% in the first quarter. Acadian Asset Management LLC now owns 9,506 shares of the insurance provider’s stock worth $675,000 after buying an additional 7,601 shares during the last quarter. Cary Street Partners Financial LLC lifted its stake in shares of W.R. Berkley by 691.9% in the second quarter. Cary Street Partners Financial LLC now owns 586 shares of the insurance provider’s stock worth $43,000 after buying an additional 512 shares during the last quarter. Finally, NewEdge Advisors LLC lifted its stake in shares of W.R. Berkley by 12.0% in the second quarter. NewEdge Advisors LLC now owns 9,825 shares of the insurance provider’s stock worth $722,000 after buying an additional 1,056 shares during the last quarter. 68.82% of the stock is currently owned by institutional investors and hedge funds.
W.R. Berkley Stock Performance
Shares of WRB opened at $65.97 on Friday. The company has a debt-to-equity ratio of 0.29, a quick ratio of 0.36 and a current ratio of 0.36. The company has a market capitalization of $24.56 billion, a PE ratio of 13.98, a PEG ratio of 3.11 and a beta of 0.33. W.R. Berkley has a 52 week low of $63.67 and a 52 week high of $78.96. The company’s 50 day moving average price is $66.76 and its 200 day moving average price is $69.69.
W.R. Berkley (NYSE:WRB – Get Free Report) last posted its earnings results on Tuesday, April 21st. The insurance provider reported $1.30 EPS for the quarter, topping the consensus estimate of $1.13 by $0.17. The company had revenue of $3.69 billion during the quarter, compared to the consensus estimate of $3.18 billion. W.R. Berkley had a net margin of 12.64% and a return on equity of 18.92%. The company’s revenue for the quarter was up 1.3% compared to the same quarter last year. During the same period in the previous year, the firm posted $1.01 earnings per share. Research analysts expect that W.R. Berkley will post 4.65 EPS for the current fiscal year.
W.R. Berkley Company Profile
W. R. Berkley Corporation (NYSE: WRB) is a publicly traded insurance holding company that underwrites and sells commercial property and casualty insurance, specialty insurance products, and reinsurance. Headquartered in Greenwich, Connecticut, the company operates a portfolio of underwriting businesses that focus on niche and specialty commercial risks, offering coverage tailored to industries such as transportation, construction, professional services and other commercial lines.
The company’s product mix includes primary and excess casualty, property, professional liability, environmental and other specialty lines, together with treaty and facultative reinsurance solutions.
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