Brown & Brown (NYSE:BRO) Stock Acquired Rep. April McClain Delaney

Key Points

• Representative April McClain Delaney purchased between $1,001 and $15,000 in shares of Brown & Brown, Inc. (NYSE:BRO) on July 25th, illustrating a political commitment to the financial services provider.
• Brown & Brown reported earnings of $1.03 per share in its latest quarter, exceeding analyst expectations, with a year-over-year revenue growth of 9.1% to $1.29 billion.
• The company declared a quarterly dividend of $0.15 per share, resulting in an annualized yield of 0.7%, set to be paid on August 20th for investors of record as of August 13th.

Representative April McClain Delaney (D-Maryland) recently bought shares of Brown & Brown, Inc. NYSE: BRO. In a filing disclosed on August 05th, the Representative disclosed that they had bought between $1,001 and $15,000 in Brown & Brown stock on July 25th.

Representative April McClain Delaney also recently made the following trade(s):

• Sold $1,001 - $15,000 in shares of Entegris NASDAQ: ENTG on 7/28/2025.
• Purchased $1,001 - $15,000 in shares of Markel Group NYSE: MKL on 7/25/2025.
• Purchased $1,001 - $15,000 in shares of PTC NASDAQ: PTC on 7/11/2025.
• Sold $1,001 - $15,000 in shares of Entegris NASDAQ: ENTG on 7/9/2025.
• Sold $1,001 - $15,000 in shares of IDEXX Laboratories NASDAQ: IDXX on 7/9/2025.
• Purchased $1,001 - $15,000 in shares of Markel Group NYSE: MKL on 7/9/2025.
• Purchased $1,001 - $15,000 in shares of CDW NASDAQ: CDW on 7/9/2025.
• Sold $1,001 - $15,000 in shares of STERIS NYSE: STE on 6/26/2025.
• Purchased $1,001 - $15,000 in shares of Paychex NASDAQ: PAYX on 6/26/2025.
• Sold $1,001 - $15,000 in shares of Clean Harbors NYSE: CLH on 6/20/2025.

Brown & Brown Trading Up 0.9%

Shares of BRO stock traded up $0.80 on Thursday, hitting $92.60. The company had a trading volume of 4,129,265 shares, compared to its average volume of 3,690,286. Brown & Brown, Inc. has a twelve month low of $90.38 and a twelve month high of $125.68. The company has a debt-to-equity ratio of 0.64, a quick ratio of 6.72 and a current ratio of 6.72. The firm has a market cap of $30.54 billion, a P/E ratio of 26.69, a P/E/G ratio of 2.09 and a beta of 0.78. The stock's 50-day moving average is $105.11 and its two-hundred day moving average is $110.83.

Brown & Brown (NYSE:BRO - Get Free Report) last announced its earnings results on Monday, July 28th. The financial services provider reported $1.03 EPS for the quarter, beating the consensus estimate of $0.99 by $0.04. Brown & Brown had a return on equity of 15.10% and a net margin of 19.89%. The business had revenue of $1.29 billion for the quarter, compared to analysts' expectations of $1.28 billion. During the same period in the prior year, the business posted $0.93 earnings per share. The firm's revenue was up 9.1% on a year-over-year basis. On average, equities research analysts anticipate that Brown & Brown, Inc. will post 4.18 earnings per share for the current fiscal year.

Brown & Brown Dividend Announcement

The business also recently declared a quarterly dividend, which will be paid on Wednesday, August 20th. Shareholders of record on Wednesday, August 13th will be given a $0.15 dividend. This represents a $0.60 dividend on an annualized basis and a dividend yield of 0.6%. The ex-dividend date is Wednesday, August 13th. Brown & Brown's payout ratio is 17.29%.

Institutional Trading of Brown & Brown

Several institutional investors and hedge funds have recently bought and sold shares of BRO. Phillips Wealth Planners LLC raised its holdings in shares of Brown & Brown by 3.4% in the 1st quarter. Phillips Wealth Planners LLC now owns 2,659 shares of the financial services provider's stock valued at $316,000 after acquiring an additional 88 shares in the last quarter. SBI Securities Co. Ltd. grew its holdings in shares of Brown & Brown by 26.8% during the 1st quarter. SBI Securities Co. Ltd. now owns 454 shares of the financial services provider's stock valued at $56,000 after purchasing an additional 96 shares during the last quarter. Gateway Investment Advisers LLC increased its holdings in shares of Brown & Brown by 2.3% in the first quarter. Gateway Investment Advisers LLC now owns 4,312 shares of the financial services provider's stock worth $536,000 after buying an additional 97 shares during the period. Graypoint LLC lifted its position in Brown & Brown by 3.3% in the first quarter. Graypoint LLC now owns 3,208 shares of the financial services provider's stock valued at $399,000 after purchasing an additional 103 shares during the last quarter. Finally, NorthRock Partners LLC boosted its position in Brown & Brown by 4.2% during the 1st quarter. NorthRock Partners LLC now owns 2,530 shares of the financial services provider's stock valued at $315,000 after buying an additional 103 shares during the period. 71.01% of the stock is currently owned by hedge funds and other institutional investors.

Analysts Set New Price Targets

A number of brokerages have commented on BRO. Barclays cut their price target on shares of Brown & Brown from $111.00 to $108.00 and set an "equal weight" rating on the stock in a research report on Tuesday, July 29th. Argus reaffirmed a "hold" rating on shares of Brown & Brown in a research note on Thursday, July 31st. Bank of America raised shares of Brown & Brown from a "neutral" rating to a "buy" rating and lifted their price objective for the stock from $126.00 to $130.00 in a report on Wednesday, July 30th. UBS Group lifted their target price on Brown & Brown from $110.00 to $120.00 and gave the stock a "neutral" rating in a research note on Wednesday, April 9th. Finally, Wells Fargo & Company reduced their price objective on Brown & Brown from $127.00 to $104.00 and set an "overweight" rating for the company in a report on Wednesday, July 30th. One analyst has rated the stock with a sell rating, seven have assigned a hold rating and seven have given a buy rating to the company. Based on data from MarketBeat.com, the company currently has a consensus rating of "Hold" and a consensus target price of $114.69.

Insider Activity

In related news, Director Bronislaw Edmund Masojada acquired 1,000 shares of the firm's stock in a transaction on Wednesday, August 6th. The stock was acquired at an average cost of $91.44 per share, for a total transaction of $91,440.00. Following the acquisition, the director owned 5,000 shares of the company's stock, valued at $457,200. This trade represents a 25.00% increase in their ownership of the stock. The purchase was disclosed in a legal filing with the SEC, which is available at this link. 17.02% of the stock is owned by insiders.

About Representative McClain Delaney

April McClain-Delaney (Democratic Party) is a member of the U.S. House, representing Maryland's 6th Congressional District. She assumed office on January 3, 2025. Her current term ends on January 3, 2027. McClain-Delaney (Democratic Party) is running for re-election to the U.S. House to represent Maryland's 6th Congressional District. She declared candidacy for the 2026 election. April McClain-Delaney grew up in Buhl, Idaho, where her father was a potato farmer. She obtained her bachelor's degree in communications from Northwestern University in 1986 and her law degree from Georgetown Law Center in 1989. McClain-Delaney worked in communications law, first with the satellite firm Orion Network Systems and later as the Washington director for Common Sense Media, a nonprofit focused on technology and children. In 2022, McClain-Delaney joined the U.S. Department of Commerce under President Joe Biden (D) as deputy assistant secretary for communications and information. McClain-Delaney served on the board of the Georgetown University Law Center, the International Center for Research on Women, and the Northwestern University School of Communications.

Brown & Brown Company Profile

Brown & Brown, Inc is an insurance agency, wholesale brokerage, insurance program and service organization. It engages in the provision of insurance brokerage services and casualty insurance underwriting services. It operates through the following segments: Retail, National Programs, Wholesale Brokerage, and Services.