Several analysts raised their price targets on W.R. Berkley after the insurer reported record gross premiums written of $4.1 billion and record quarterly net investment income of $418.7 million. Operating income per diluted share rose to $1.27 from $1.05 a year ago, while revenue grew to $3.72 billion, slightly below the $3.77 billion consensus. BofA lifted its target to $69 from $68 but kept an Underperform rating, Truist raised its 2026 EPS estimate to $4.95 from $4.75 and maintained a Buy rating, and Keefe Bruyette increased its target to $70 from $69 while noting decelerating rate increases could pressure shares. The stock trades at a forward P/E of 14.99, a premium to the sector median of 11.45, and hedge fund ownership edged up to 47 funds in the first quarter of 2026 from 45 in the prior quarter.
W. R. Berkley CorpAnalysts raised price targets after record premiums and investment income, with operating income up.