Representative Gilbert Ray Cisneros, Jr. (Democratic-California) recently sold shares of W.R. Berkley Corporation (NYSE:WRB). In a filing disclosed on June 08th, the Representative disclosed that they had sold between $1,001 and $15,000 in W.R. Berkley stock on May 12th. The trade occurred in the Representative’s “150 MAIN STREET TRUST > BANK OF AMERICA” account.
Representative Gilbert Ray Cisneros, Jr. also recently made the following trade(s):
- Purchased $1,001 – $15,000 in shares of SoftBank Group (OTCMKTS:SFTBF) on 6/2/2026.
- Purchased $1,001 – $15,000 in shares of Ciena (NYSE:CIEN) on 5/29/2026.
- Sold $1,001 – $15,000 in shares of AutoZone (NYSE:AZO) on 5/29/2026.
- Purchased $1,001 – $15,000 in shares of Independent Bank (NASDAQ:INDB) on 5/29/2026.
- Purchased $1,001 – $15,000 in shares of Arcutis Biotherapeutics (NASDAQ:ARQT) on 5/29/2026.
- Purchased $1,001 – $15,000 in shares of HealthEquity (NASDAQ:HQY) on 5/29/2026.
- Purchased $1,001 – $15,000 in shares of Boston Scientific (NYSE:BSX) on 5/29/2026.
- Purchased $1,001 – $15,000 in shares of Perella Weinberg Partners (NASDAQ:PWP) on 5/29/2026.
- Purchased $1,001 – $15,000 in shares of Cooper Companies (NASDAQ:COO) on 5/29/2026.
- Purchased $1,001 – $15,000 in shares of Ligand Pharmaceuticals (NASDAQ:LGND) on 5/29/2026.
W.R. Berkley Stock Up 1.4%
Shares of NYSE WRB opened at $68.16 on Thursday. W.R. Berkley Corporation has a 12 month low of $62.87 and a 12 month high of $78.96. The company has a current ratio of 0.36, a quick ratio of 0.36 and a debt-to-equity ratio of 0.29. The firm has a market capitalization of $25.38 billion, a price-to-earnings ratio of 14.44, a PEG ratio of 3.18 and a beta of 0.30. The business has a 50-day moving average of $66.52 and a 200-day moving average of $68.60.
W.R. Berkley Increases Dividend
The firm also recently disclosed a quarterly dividend, which will be paid on Thursday, July 2nd. Stockholders of record on Tuesday, June 23rd will be issued a dividend of $0.10 per share. The ex-dividend date of this dividend is Tuesday, June 23rd. This is a positive change from W.R. Berkley’s previous quarterly dividend of $0.09. This represents a $0.40 annualized dividend and a dividend yield of 0.6%. W.R. Berkley’s payout ratio is presently 8.47%.
Key Stories Impacting W.R. Berkley
Here are the key news stories impacting W.R. Berkley this week:
- Negative Sentiment: W.R. Berkley announced the passing of founder and Executive Chairman William R. Berkley, followed by a leadership transition update. While the company said it is moving forward with succession planning, the founder’s death may create some near-term uncertainty for investors. Article Title
- Positive Sentiment: The company named Kirk A. Parker as president of Berkley North Pacific, signaling continued management action and a focus on operational execution and profitable growth. Article Title
- Positive Sentiment: Analyst commentary remains constructive overall, with Zacks-related updates highlighting W.R. Berkley as a top momentum stock and raising some forward EPS estimates, which can support the bullish case for the insurance company. Article Title
- Neutral Sentiment: Several analyst estimate revisions were mixed but modest, with small increases for some future periods and a slight reduction for FY2027, suggesting expectations are still generally stable rather than materially changing. Article Title
- Positive Sentiment: Separate coverage noted that W.R. Berkley raised its dividend by more than 11% and continues returning excess capital through dividends and buybacks, reinforcing shareholder-friendly capital allocation. Article Title
Analyst Ratings Changes
A number of equities analysts recently weighed in on the company. Evercore reissued an “underperform” rating on shares of W.R. Berkley in a report on Monday, March 9th. BMO Capital Markets raised W.R. Berkley from an “underperform” rating to a “market perform” rating and raised their price objective for the company from $64.00 to $68.00 in a report on Thursday, April 23rd. Wells Fargo & Company cut W.R. Berkley from an “overweight” rating to an “underweight” rating and decreased their price objective for the company from $64.00 to $58.00 in a report on Monday. Argus cut W.R. Berkley from a “buy” rating to a “hold” rating in a report on Monday, April 27th. Finally, Truist Financial decreased their price objective on W.R. Berkley from $80.00 to $78.00 and set a “buy” rating on the stock in a report on Wednesday, April 22nd. Three analysts have rated the stock with a Buy rating, eleven have issued a Hold rating and four have given a Sell rating to the stock. Based on data from MarketBeat, the company has an average rating of “Reduce” and an average target price of $68.44.
Check Out Our Latest Analysis on WRB
Hedge Funds Weigh In On W.R. Berkley
Large investors have recently modified their holdings of the company. Johnson Financial Group Inc. increased its stake in W.R. Berkley by 22.3% in the 3rd quarter. Johnson Financial Group Inc. now owns 756 shares of the insurance provider’s stock worth $58,000 after purchasing an additional 138 shares during the period. Maridea Wealth Management LLC increased its stake in W.R. Berkley by 2.0% in the 3rd quarter. Maridea Wealth Management LLC now owns 7,180 shares of the insurance provider’s stock worth $528,000 after purchasing an additional 141 shares during the period. Inspire Advisors LLC increased its stake in W.R. Berkley by 1.0% in the 4th quarter. Inspire Advisors LLC now owns 14,364 shares of the insurance provider’s stock worth $1,007,000 after purchasing an additional 144 shares during the period. Allworth Financial LP increased its stake in W.R. Berkley by 4.8% in the 3rd quarter. Allworth Financial LP now owns 3,328 shares of the insurance provider’s stock worth $255,000 after purchasing an additional 153 shares during the period. Finally, Coastal Bridge Advisors LLC increased its stake in W.R. Berkley by 1.5% in the 4th quarter. Coastal Bridge Advisors LLC now owns 10,277 shares of the insurance provider’s stock worth $721,000 after purchasing an additional 154 shares during the period. 68.82% of the stock is owned by hedge funds and other institutional investors.
About Representative Cisneros
Gil Cisneros (Democratic Party) is a member of the U.S. House, representing California’s 31st Congressional District. He assumed office on January 3, 2025. His current term ends on January 3, 2027.
Cisneros (Democratic Party) is running for re-election to the U.S. House to represent California’s 31st Congressional District. He declared candidacy for the 2026 election.
Gil Cisneros served in the U.S. Navy as a supply officer from 1994 to 2004. Cisneros earned a bachelor’s degree in political science from George Washington University in 1994, a master’s in business administration from Regis University in 2002, and a master’s degree in urban education policy from Brown University in 2015. His career experience includes working as a logistics manager for Frito-Lay. In 2010, Cisneros won the lottery and became involved in activism and philanthropy, founding a scholarship program for local high school students. In 2021, President Joe Biden (D) appointed Cisneros as under secretary of defense for personnel and readiness.
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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