Pitcairn Co. Reduces Position in W.R. Berkley Corporation $WRB

Pitcairn Co. trimmed its holdings in W.R. Berkley Corporation (NYSE:WRB) by 50.8% in the third quarter, according to its most recent disclosure with the Securities & Exchange Commission. The fund owned 7,653 shares of the insurance provider’s stock after selling 7,903 shares during the period. Pitcairn Co.’s holdings in W.R. Berkley were worth $586,000 as of its most recent filing with the Securities & Exchange Commission.

Several other hedge funds and other institutional investors have also recently modified their holdings of WRB. Compass Financial Services Inc acquired a new position in W.R. Berkley during the third quarter worth about $26,000. Twin Peaks Wealth Advisors LLC acquired a new stake in W.R. Berkley in the 2nd quarter valued at about $27,000. Elevation Point Wealth Partners LLC purchased a new position in W.R. Berkley in the 2nd quarter worth approximately $34,000. Physician Wealth Advisors Inc. lifted its stake in W.R. Berkley by 40.2% in the 3rd quarter. Physician Wealth Advisors Inc. now owns 523 shares of the insurance provider’s stock worth $40,000 after purchasing an additional 150 shares in the last quarter. Finally, Westside Investment Management Inc. boosted its holdings in shares of W.R. Berkley by 100.0% during the 3rd quarter. Westside Investment Management Inc. now owns 528 shares of the insurance provider’s stock worth $40,000 after purchasing an additional 264 shares during the last quarter. 68.82% of the stock is owned by hedge funds and other institutional investors.

Insider Activity

In other W.R. Berkley news, major shareholder Sumitomo Insurance Co L. Mitsui acquired 112,176 shares of the business’s stock in a transaction that occurred on Tuesday, March 3rd. The stock was purchased at an average cost of $72.20 per share, with a total value of $8,099,107.20. Following the transaction, the insider owned 58,780,450 shares of the company’s stock, valued at $4,243,948,490. This trade represents a 0.19% increase in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is available at this hyperlink. Over the last three months, insiders bought 9,933,862 shares of company stock worth $688,134,108. 23.30% of the stock is currently owned by company insiders.

Analyst Upgrades and Downgrades

Several research firms recently commented on WRB. The Goldman Sachs Group reaffirmed a “neutral” rating and issued a $73.00 price target on shares of W.R. Berkley in a report on Wednesday, January 7th. Wells Fargo & Company lowered their price objective on W.R. Berkley from $68.00 to $66.00 and set an “equal weight” rating on the stock in a research note on Tuesday, January 27th. Bank of America dropped their target price on W.R. Berkley from $69.00 to $66.00 and set a “neutral” rating for the company in a report on Tuesday, January 27th. Evercore set a $69.00 price target on W.R. Berkley and gave the stock an “underperform” rating in a report on Wednesday, January 7th. Finally, UBS Group set a $71.00 price target on shares of W.R. Berkley in a research report on Monday, February 2nd. Four analysts have rated the stock with a Buy rating, nine have given a Hold rating and four have issued a Sell rating to the company’s stock. According to data from MarketBeat.com, W.R. Berkley has a consensus rating of “Hold” and a consensus target price of $69.67.

W.R. Berkley News Roundup

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

• Positive Sentiment: Major insider buying reported — a stakeholder purchased approximately $10.65M of WRB stock, which can be interpreted as insider confidence in the company’s outlook. Article Title
• Positive Sentiment: Additional insider purchase of roughly $8.10M was reported, reinforcing the positive signal from insider accumulation. Article Title
• Positive Sentiment: Zacks Research raised its FY2028 EPS estimate slightly to $4.90 (from $4.85), indicating a marginally improved long‑term view. Article Title
• Neutral Sentiment: Zacks still shows the consensus for the company’s current full-year EPS at $4.33 — unchanged consensus provides context that estimates remain in a narrow range. Article Title
• Negative Sentiment: Zacks trimmed several near-term estimates: Q1 2026 to $1.14 (from $1.15), Q1 2027 to $1.15 (from $1.16), Q2 2027 to $1.21 (from $1.22), Q3 2027 to $1.08 (from $1.09) and nudged FY2026 to $4.55 (from $4.56) and FY2027 to $4.75 (from $4.78). The cuts are small (pennies per share) but represent a modest downward revision in the near-term earnings trajectory that could cap upside until results or new guidance arrive. Article Title

W.R. Berkley Stock Up 0.5%

WRB stock opened at $69.93 on Friday. W.R. Berkley Corporation has a one year low of $60.68 and a one year high of $78.96. The firm has a market cap of $26.19 billion, a PE ratio of 15.71, a PEG ratio of 2.93 and a beta of 0.35. The firm’s 50 day moving average price is $69.70 and its 200-day moving average price is $72.22. The company has a debt-to-equity ratio of 0.29, a quick ratio of 0.37 and a current ratio of 0.37.

W.R. Berkley (NYSE:WRB) last issued its quarterly earnings data on Monday, January 26th. The insurance provider reported $1.13 earnings per share for the quarter, missing the consensus estimate of $1.14 by ($0.01). The business had revenue of $3.18 billion during the quarter, compared to analysts’ expectations of $3.18 billion. W.R. Berkley had a return on equity of 18.17% and a net margin of 12.10%.The company’s revenue was up 2.1% on a year-over-year basis. During the same quarter in the previous year, the company posted $1.13 earnings per share. On average, equities research analysts anticipate that W.R. Berkley Corporation will post 4.33 EPS for the current year.

W.R. Berkley Dividend Announcement

The firm also recently declared a quarterly dividend, which was paid on Wednesday, March 4th. Stockholders of record on Monday, February 23rd were issued a dividend of $0.09 per share. The ex-dividend date was Monday, February 23rd. This represents a $0.36 dividend on an annualized basis and a dividend yield of 0.5%. W.R. Berkley’s dividend payout ratio is currently 8.09%.

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.