Nisa Investment Advisors LLC Sells 10,857 Shares of W.R. Berkley Corporation $WRB

Nisa Investment Advisors LLC reduced its holdings in shares of W.R. Berkley Corporation (NYSE:WRB) by 5.5% in the third quarter, according to its most recent filing with the SEC. The fund owned 188,255 shares of the insurance provider’s stock after selling 10,857 shares during the period. Nisa Investment Advisors LLC’s holdings in W.R. Berkley were worth $14,424,000 at the end of the most recent quarter.

Several other hedge funds also recently bought and sold shares of the business. Vanguard Group Inc. lifted its position in shares of W.R. Berkley by 1.7% during the second quarter. Vanguard Group Inc. now owns 36,961,788 shares of the insurance provider’s stock worth $2,715,583,000 after purchasing an additional 625,685 shares during the last quarter. Geode Capital Management LLC increased its stake in W.R. Berkley by 3.7% in the 2nd quarter. Geode Capital Management LLC now owns 8,189,248 shares of the insurance provider’s stock worth $599,271,000 after buying an additional 289,172 shares during the period. JPMorgan Chase & Co. lifted its holdings in W.R. Berkley by 8.6% during the 2nd quarter. JPMorgan Chase & Co. now owns 7,274,234 shares of the insurance provider’s stock valued at $534,438,000 after buying an additional 577,873 shares in the last quarter. Norges Bank purchased a new stake in W.R. Berkley in the 2nd quarter valued at about $367,921,000. Finally, Royal London Asset Management Ltd. grew its stake in W.R. Berkley by 4.6% in the 2nd quarter. Royal London Asset Management Ltd. now owns 2,738,612 shares of the insurance provider’s stock worth $201,206,000 after acquiring an additional 121,045 shares in the last quarter. Institutional investors own 68.82% of the company’s stock.

Wall Street Analyst Weigh In

Several research firms have recently weighed in on WRB. Keefe, Bruyette & Woods lifted their price target on shares of W.R. Berkley from $73.00 to $76.00 and gave the company a “market perform” rating in a research note on Tuesday. Wolfe Research assumed coverage on W.R. Berkley in a report on Monday, September 15th. They set a “peer perform” rating on the stock. UBS Group reiterated a “neutral” rating and issued a $87.00 target price on shares of W.R. Berkley in a report on Friday, November 7th. Mizuho set a $67.00 price target on W.R. Berkley and gave the company a “neutral” rating in a research note on Monday, December 15th. Finally, Barclays reaffirmed an “underweight” rating and issued a $64.00 price objective (down from $73.00) on shares of W.R. Berkley in a research note on Thursday. Three investment analysts have rated the stock with a Buy rating, eleven have given a Hold rating and three have assigned a Sell rating to the company’s stock. Based on data from MarketBeat.com, W.R. Berkley has a consensus rating of “Hold” and an average target price of $72.87.

W.R. Berkley Trading Down 2.5%

WRB opened at $68.45 on Friday. The company has a current ratio of 0.37, a quick ratio of 0.37 and a debt-to-equity ratio of 0.29. The firm has a market cap of $26.01 billion, a price-to-earnings ratio of 14.38, a PEG ratio of 2.61 and a beta of 0.39. W.R. Berkley Corporation has a 12 month low of $55.97 and a 12 month high of $78.96. The stock has a fifty day moving average price of $72.41 and a 200-day moving average price of $72.33.

W.R. Berkley (NYSE:WRB) last posted its earnings results on Monday, October 20th. The insurance provider reported $1.10 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.07 by $0.03. The company had revenue of $3.77 billion for the quarter, compared to analyst estimates of $3.16 billion. W.R. Berkley had a return on equity of 18.86% and a net margin of 13.01%.The firm’s quarterly revenue was up 10.8% compared to the same quarter last year. During the same quarter in the previous year, the firm earned $0.93 earnings per share. As a group, equities research analysts anticipate that W.R. Berkley Corporation will post 4.33 earnings per share for the current fiscal year.

W.R. Berkley Dividend Announcement

The company also recently disclosed a quarterly dividend, which was paid on Monday, December 29th. Stockholders of record on Monday, December 15th were given a $0.09 dividend. The ex-dividend date of this dividend was Monday, December 15th. This represents a $0.36 dividend on an annualized basis and a dividend yield of 0.5%. W.R. Berkley’s payout ratio is presently 7.56%.

Insider Buying and Selling

In other news, major shareholder Sumitomo Insurance Co L. Mitsui bought 275,000 shares of the firm’s stock in a transaction that occurred on Friday, January 9th. The stock was bought at an average price of $68.95 per share, with a total value of $18,961,250.00. Following the completion of the transaction, the insider directly owned 51,915,463 shares of the company’s stock, valued at approximately $3,579,571,173.85. The trade was a 0.53% increase in their position. The purchase was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. Insiders have purchased a total of 3,108,875 shares of company stock worth $217,295,222 over the last three months. Corporate insiders own 23.30% of the company’s stock.

Key W.R. Berkley News

Here are the key news stories impacting W.R. Berkley this week:

• Positive Sentiment: Major shareholder Sumitomo (a >10% holder) has been buying materially—multiple purchases Jan. 5–9 totaling roughly 671k shares—signaling confidence from a large, strategic investor and providing steady demand. Read More.
• Positive Sentiment: The board increased the share repurchase authorization to 25 million shares, which supports buyback-driven EPS/book‑value accretion expectations and likely lifted sentiment among income/capital-return focused holders. Read More.
• Positive Sentiment: Some analysts/shops remain constructive — e.g., Keefe, Bruyette & Woods raised its price target — helping offset negative notes and giving investors a visible upside case. Read More.
• Neutral Sentiment: W.R. Berkley set its Q4 and full‑year 2025 earnings release for Jan. 26 (after‑market) with a conference call — this is a clear near‑term catalyst that could swing the stock either way. Read More.
• Negative Sentiment: Evercore ISI downgraded WRB to “underperform” citing EPS pressure and set a ~$69 target — high‑profile downgrades can trigger selling or reduce conviction among momentum investors. Read More.
• Negative Sentiment: Bank of America and other shops have trimmed targets or maintained cautious stances, adding to mixed analyst sentiment and limiting upside from current levels. Read More.

W.R. Berkley 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.