Rep. Lisa C. McClain Purchases Shares of Brown & Brown, Inc. (NYSE:BRO)

Key Points

• Representative Lisa C. McClain purchased between $1,001 and $15,000 in shares of Brown & Brown, Inc. on August 4th, as disclosed in a filing on September 12th.
• The company's stock has a market capitalization of $29.99 billion, with a recent trading price of $90.92.
• Brown & Brown announced a quarterly dividend of $0.15, representing an annualized yield of 0.7%.

Representative Lisa C. McClain (R-Michigan) recently bought shares of Brown & Brown, Inc. NYSE: BRO. In a filing disclosed on September 12th, the Representative disclosed that they had bought between $1,001 and $15,000 in Brown & Brown stock on August 4th. The trade occurred in the Representative's "CHARLES SCHWAB BROKERAGE ACCOUNT 924" account.

Representative Lisa C. McClain also recently made the following trade(s):

• Sold $50,001 - $100,000 in shares of Taiwan Semiconductor Manufacturing NYSE: TSM on 8/28/2025.
• Purchased $1,001 - $15,000 in shares of ACI Worldwide NASDAQ: ACIW on 8/19/2025.
• Purchased $1,001 - $15,000 in shares of HCA Healthcare NYSE: HCA on 8/19/2025.
• Sold $1,001 - $15,000 in shares of Amedisys NASDAQ: AMED on 8/18/2025.
• Purchased $1,001 - $15,000 in shares of Kite Realty Group Trust NYSE: KRG on 8/13/2025.
• Sold $1,001 - $15,000 in shares of ServiceNow NYSE: NOW on 8/13/2025.
• Purchased $1,001 - $15,000 in shares of JD.com NASDAQ: JD on 8/13/2025.
• Sold $1,001 - $15,000 in shares of Trade Desk NASDAQ: TTD on 8/13/2025.
• Sold $1,001 - $15,000 in shares of US Foods NYSE: USFD on 8/13/2025.
• Purchased $1,001 - $15,000 in shares of Agree Realty NYSE: ADC on 8/13/2025.

Brown & Brown Stock Down 0.1%

Shares of NYSE BRO traded down $0.08 during mid-day trading on Friday, reaching $91.79. The company had a trading volume of 6,468,431 shares, compared to its average volume of 2,179,395. Brown & Brown, Inc. has a twelve month low of $89.99 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 stock has a market capitalization of $30.27 billion, a PE ratio of 26.45, a price-to-earnings-growth ratio of 2.08 and a beta of 0.81. The stock's 50 day moving average is $96.41 and its 200-day moving average is $107.61.

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

Brown & Brown Announces Dividend

The business also recently declared a quarterly dividend, which was paid on Wednesday, August 20th. Stockholders of record on Wednesday, August 13th were paid a $0.15 dividend. The ex-dividend date of this dividend was Wednesday, August 13th. This represents a $0.60 dividend on an annualized basis and a dividend yield of 0.7%. Brown & Brown's dividend payout ratio is 17.29%.

Analyst Ratings Changes

A number of equities analysts have recently weighed in on the stock. Barclays dropped 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 note on Tuesday, July 29th. Wells Fargo & Company downgraded shares of Brown & Brown from an "overweight" rating to an "equal weight" rating and lowered their target price for the stock from $104.00 to $101.00 in a research report on Wednesday, August 13th. Morgan Stanley lowered their target price on shares of Brown & Brown from $109.00 to $105.00 and set an "equal weight" rating on the stock in a research report on Monday, August 18th. BMO Capital Markets lowered their target price on shares of Brown & Brown from $122.00 to $106.00 and set an "outperform" rating on the stock in a research report on Wednesday, July 30th. Finally, Argus reissued a "hold" rating on shares of Brown & Brown in a research report on Thursday, July 31st. Seven investment analysts have rated the stock with a Buy rating, seven have issued a Hold rating and one has given a Sell rating to the company's stock. According to data from MarketBeat.com, Brown & Brown currently has an average rating of "Hold" and a consensus target price of $112.64.

Insider Transactions at Brown & Brown

In other Brown & Brown news, Director Paul J. Krump purchased 2,678 shares of the business's stock in a transaction on Friday, August 8th. The stock was purchased at an average price of $93.31 per share, for a total transaction of $249,884.18. Following the completion of the purchase, the director directly owned 5,353 shares in the company, valued at approximately $499,488.43. This trade represents a 100.11% increase in their ownership of the stock. The purchase was disclosed in a document filed with the Securities & Exchange Commission, which is available through this hyperlink. Also, Director Bronislaw Edmund Masojada purchased 1,000 shares of the business's stock in a transaction on Wednesday, August 6th. The shares were acquired at an average price of $91.44 per share, with a total value of $91,440.00. Following the purchase, the director owned 5,000 shares of the company's stock, valued at approximately $457,200. This trade represents a 25.00% increase in their ownership of the stock. The disclosure for this purchase can be found here. 17.02% of the stock is owned by company insiders.

Institutional Investors Weigh In On Brown & Brown

A number of institutional investors have recently added to or reduced their stakes in the company. Migdal Insurance & Financial Holdings Ltd. acquired a new stake in Brown & Brown during the second quarter worth about $49,000. Osaic Holdings Inc. lifted its stake in Brown & Brown by 2.7% during the second quarter. Osaic Holdings Inc. now owns 65,588 shares of the financial services provider's stock worth $7,295,000 after purchasing an additional 1,708 shares during the period. Orion Porfolio Solutions LLC lifted its stake in Brown & Brown by 23.8% during the second quarter. Orion Porfolio Solutions LLC now owns 12,518 shares of the financial services provider's stock worth $1,388,000 after purchasing an additional 2,409 shares during the period. Cim LLC lifted its stake in Brown & Brown by 6.8% during the second quarter. Cim LLC now owns 27,225 shares of the financial services provider's stock worth $3,018,000 after purchasing an additional 1,730 shares during the period. Finally, Hudson Bay Capital Management LP bought a new position in Brown & Brown during the second quarter worth about $325,000. 71.01% of the stock is owned by institutional investors and hedge funds.

About Representative McClain

Lisa McClain (Republican Party) is a member of the U.S. House, representing Michigan's 9th Congressional District. She assumed office on January 3, 2023. Her current term ends on January 3, 2027. McClain (Republican Party) is running for re-election to the U.S. House to represent Michigan's 9th Congressional District. She declared candidacy for the 2026 election. Lisa McClain lives in Romeo, Michigan. McClain earned a bachelor's degree in business administration from Northwood University. Her career experience includes founding and working as the president of North End Support Team.

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.