Markel Group Inc. $MKL Stock Holdings Decreased by Bradyco Inc.

Bradyco Inc. lowered its stake in Markel Group Inc. (NYSE:MKL) by 18.3% during the third quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm owned 2,239 shares of the insurance provider’s stock after selling 500 shares during the period. Markel Group makes up approximately 4.9% of Bradyco Inc.’s portfolio, making the stock its 6th biggest holding. Bradyco Inc.’s holdings in Markel Group were worth $4,280,000 at the end of the most recent reporting period.

Several other large investors have also modified their holdings of MKL. BI Asset Management Fondsmaeglerselskab A S grew its holdings in Markel Group by 172.8% during the third quarter. BI Asset Management Fondsmaeglerselskab A S now owns 1,683 shares of the insurance provider’s stock worth $3,217,000 after acquiring an additional 1,066 shares during the period. Principal Financial Group Inc. lifted its holdings in Markel Group by 1.8% in the third quarter. Principal Financial Group Inc. now owns 547,188 shares of the insurance provider’s stock valued at $1,045,947,000 after acquiring an additional 9,496 shares during the period. Atlantic Union Bankshares Corp acquired a new stake in Markel Group in the third quarter valued at $2,104,000. Osaic Holdings Inc. boosted its position in shares of Markel Group by 121.2% during the 2nd quarter. Osaic Holdings Inc. now owns 2,853 shares of the insurance provider’s stock worth $5,705,000 after purchasing an additional 1,563 shares in the last quarter. Finally, Rakuten Investment Management Inc. purchased a new stake in shares of Markel Group during the 3rd quarter worth $46,738,000. Hedge funds and other institutional investors own 77.12% of the company’s stock.

Markel Group Trading Up 0.4%

Shares of MKL stock opened at $1,970.00 on Wednesday. The stock has a market cap of $24.78 billion, a P/E ratio of 11.61 and a beta of 0.77. The company has a quick ratio of 0.63, a current ratio of 0.63 and a debt-to-equity ratio of 0.23. Markel Group Inc. has a fifty-two week low of $1,621.89 and a fifty-two week high of $2,207.59. The business has a fifty day simple moving average of $2,069.39 and a 200-day simple moving average of $2,024.90.

Analyst Upgrades and Downgrades

A number of equities analysts have recently issued reports on MKL shares. Weiss Ratings reiterated a “buy (b+)” rating on shares of Markel Group in a report on Monday, December 29th. Truist Financial boosted their price objective on shares of Markel Group from $2,000.00 to $2,100.00 and gave the stock a “hold” rating in a report on Friday, February 6th. Finally, Zacks Research lowered shares of Markel Group from a “strong-buy” rating to a “hold” rating in a research report on Monday, January 19th. Two equities research analysts have rated the stock with a Buy rating and three have assigned a Hold rating to the company. Based on data from MarketBeat.com, the company presently has a consensus rating of “Hold” and an average 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 dated Thursday, February 26th. The shares were sold at an average price of $2,079.48, for a total transaction of $207,948.00. Following the completion of the transaction, the chief executive officer owned 2,397 shares in the company, valued at approximately $4,984,513.56. The trade was a 4.00% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is accessible through this link. Also, Director Steven A. Markel sold 1,330 shares of the company’s stock in a transaction dated Thursday, December 11th. The shares were sold at an average price of $2,119.12, for a total transaction of $2,818,429.60. Following the completion of the sale, the director directly owned 60,368 shares in the company, valued at $127,927,036.16. This trade represents a 2.16% decrease in their position. The SEC filing for this sale provides additional information. Insiders own 1.66% of the company’s stock.

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.