Patton Fund Management Inc. Reduces Holdings in W.R. Berkley Corporation $WRB

17 Apr 2026, 05:52 by Amy Steele · The Cerbat Gem

Patton Fund Management Inc. trimmed its stake in W.R. Berkley Corporation (NYSE:WRB – Free Report) by 95.2% in the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm owned 3,093 shares of the insurance provider’s stock after selling 61,963 shares during the period. Patton Fund Management Inc.’s holdings in W.R. Berkley were worth $217,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds have also recently modified their holdings of the stock. Assetmark Inc. lifted its position in shares of W.R. Berkley by 5.5% in the 4th quarter. Assetmark Inc. now owns 120,337 shares of the insurance provider’s stock worth $8,438,000 after purchasing an additional 6,229 shares during the period. Steph & Co. lifted its position in shares of W.R. Berkley by 32.9% in the 4th quarter. Steph & Co. now owns 2,858 shares of the insurance provider’s stock worth $200,000 after purchasing an additional 707 shares during the period. Third View Private Wealth LLC purchased a new stake in shares of W.R. Berkley in the 4th quarter worth about $354,000. Tectonic Advisors LLC increased its stake in shares of W.R. Berkley by 7.6% in the 4th quarter. Tectonic Advisors LLC now owns 9,676 shares of the insurance provider’s stock worth $678,000 after acquiring an additional 680 shares in the last quarter. Finally, Robeco Institutional Asset Management B.V. increased its stake in shares of W.R. Berkley by 3.4% in the 4th quarter. Robeco Institutional Asset Management B.V. now owns 54,408 shares of the insurance provider’s stock worth $3,815,000 after acquiring an additional 1,804 shares in the last quarter. 68.82% of the stock is owned by hedge funds and other institutional investors.

Wall Street Analysts Forecast Growth

Several research analysts recently issued reports on the stock. Weiss Ratings reiterated a “buy (b)” rating on shares of W.R. Berkley in a research note on Wednesday, January 21st. The Goldman Sachs Group reiterated a “neutral” rating and issued a $73.00 price target on shares of W.R. Berkley in a research note on Wednesday, January 7th. Bank of America decreased their price target on shares of W.R. Berkley from $68.00 to $67.00 and set a “neutral” rating for the company in a research note on Tuesday. Wells Fargo & Company decreased their price target on shares of W.R. Berkley from $68.00 to $66.00 and set an “equal weight” rating for the company in a research note on Tuesday, January 27th. Finally, Mizuho decreased their price target on shares of W.R. Berkley from $69.00 to $67.00 and set a “neutral” rating for the company in a research note on Tuesday, January 27th. Three equities research analysts have rated the stock with a Buy rating, eleven have issued a Hold rating and four have given a Sell rating to the company. Based on data from MarketBeat.com, W.R. Berkley has a consensus rating of “Reduce” and an average price target of $68.75.

Read Our Latest Report on W.R. Berkley

W.R. Berkley Stock Up 0.3%

NYSE:WRB opened at $66.29 on Friday. The firm has a 50-day simple moving average of $68.39 and a two-hundred day simple moving average of $70.98. The firm has a market cap of $24.82 billion, a P/E ratio of 14.90, a P/E/G ratio of 2.77 and a beta of 0.37. W.R. Berkley Corporation has a fifty-two week low of $63.67 and a fifty-two week high of $78.96. 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 – Get Free Report) last posted its quarterly earnings results on Monday, January 26th. The insurance provider reported $1.13 EPS for the quarter, missing analysts’ consensus estimates of $1.14 by ($0.01). The firm had revenue of $3.18 billion for the quarter, compared to analysts’ expectations of $3.18 billion. W.R. Berkley had a net margin of 12.10% and a return on equity of 18.17%. The company’s quarterly revenue was up 2.1% compared to the same quarter last year. During the same quarter in the previous year, the company earned $1.13 EPS. Analysts predict that W.R. Berkley Corporation will post 4.33 earnings per share for the current fiscal year.

W.R. Berkley Announces Dividend

The company also recently declared a quarterly dividend, which was paid on Wednesday, March 4th. Investors of record on Monday, February 23rd were given a dividend of $0.09 per share. The ex-dividend date of this dividend was Monday, February 23rd. This represents a $0.36 annualized dividend and a dividend yield of 0.5%. W.R. Berkley’s dividend payout ratio (DPR) is 8.09%.

Insider Buying and Selling at W.R. Berkley

In other news, major shareholder Sumitomo Insurance Co L. Mitsui purchased 112,176 shares of W.R. Berkley stock in a transaction that occurred on Tuesday, March 3rd. The stock was bought at an average price of $72.20 per share, with a total value of $8,099,107.20. Following the completion of the transaction, the insider directly owned 58,780,450 shares of the company’s stock, valued at approximately $4,243,948,490. The trade was a 0.19% increase in their ownership of the stock. The acquisition was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Insiders have purchased a total of 5,478,946 shares of company stock worth $378,572,238 over the last ninety days. 23.30% of the stock is owned by company insiders.

W.R. Berkley Company Profile

(Free Report)

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.