Brown & Brown (NYSE:BRO) Stock Acquired Rep. Dan Newhouse

Key Points

• Representative Dan Newhouse purchased between $1,001 and $15,000 in shares of Brown & Brown, Inc. (NYSE:BRO) on August 18, 2025, as disclosed in a recent filing.
• Brown & Brown reported a 9.1% year-over-year increase in revenue for the last quarter, totaling $1.29 billion, with an adjusted EPS of $1.03 exceeding analyst expectations.
• Brown & Brown recently declared a quarterly dividend of $0.15 per share, reflecting an annualized dividend yield of 0.6%.

Representative Dan Newhouse (R-Washington) recently bought shares of Brown & Brown, Inc. NYSE: BRO. In a filing disclosed on September 17th, the Representative disclosed that they had bought between $1,001 and $15,000 in Brown & Brown stock on August 18th. The trade occurred in the Representative's "EDWARD JONES IRA" account.

Representative Dan Newhouse also recently made the following trade(s):

• Purchased $1,001 - $15,000 in shares of ONEOK NYSE: OKE on 8/18/2025.
• Sold $1,001 - $15,000 in shares of RTX NYSE: RTX on 8/18/2025.
• Purchased $1,001 - $15,000 in shares of General Mills NYSE: GIS on 8/18/2025.
• Purchased $1,001 - $15,000 in shares of Advanced Micro Devices NASDAQ: AMD on 8/18/2025.
• Purchased $1,001 - $15,000 in shares of Ross Stores NASDAQ: ROST on 8/18/2025.
• Purchased $1,001 - $15,000 in shares of United Parcel Service NYSE: UPS on 8/18/2025.
• Purchased $1,001 - $15,000 in shares of Prologis NYSE: PLD on 8/18/2025.
• Purchased $1,001 - $15,000 in shares of Exxon Mobil NYSE: XOM on 8/18/2025.
• Purchased $1,001 - $15,000 in shares of AMETEK NYSE: AME on 8/18/2025.
• Purchased $1,001 - $15,000 in shares of S&P Global NYSE: SPGI on 8/18/2025.

Brown & Brown Stock Down 0.9%

Shares of BRO stock opened at $92.91 on Tuesday. Brown & Brown, Inc. has a 12 month low of $89.99 and a 12 month high of $125.68. The firm has a market cap of $30.65 billion, a PE ratio of 26.77, a price-to-earnings-growth ratio of 2.12 and a beta of 0.81. The stock has a 50 day moving average of $94.96 and a 200-day moving average of $106.38. The company has a quick ratio of 6.72, a current ratio of 6.72 and a debt-to-equity ratio of 0.64.

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

Brown & Brown Announces Dividend

The firm also recently declared a quarterly dividend, which was paid on Wednesday, August 20th. Stockholders of record on Wednesday, August 13th were issued a dividend of $0.15 per share. The ex-dividend date was Wednesday, August 13th. This represents a $0.60 dividend on an annualized basis and a dividend yield of 0.6%. Brown & Brown's payout ratio is 17.29%.

Analyst Upgrades and Downgrades

A number of brokerages have recently commented on BRO. Keefe, Bruyette & Woods cut their price target on Brown & Brown from $104.00 to $87.00 and set an "underperform" rating for the company in a report on Thursday, July 31st. Citigroup started coverage on Brown & Brown in a research note on Wednesday, August 13th. They issued a "buy" rating and a $112.00 target price for the company. Wells Fargo & Company lowered Brown & Brown from an "overweight" rating to an "equal weight" rating and cut their target price for the company from $104.00 to $101.00 in a research note on Wednesday, August 13th. Wall Street Zen upgraded Brown & Brown from a "sell" rating to a "hold" rating in a research note on Saturday, September 20th. Finally, Truist Financial set a $120.00 target price on Brown & Brown in a research note on Wednesday, July 30th. Seven equities research 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. Based on data from MarketBeat, Brown & Brown currently has an average rating of "Hold" and a consensus price target of $112.08.

Institutional Trading of Brown & Brown

Several large investors have recently made changes to their positions in the business. Vanguard Group Inc. grew its holdings in shares of Brown & Brown by 16.8% during the second quarter. Vanguard Group Inc. now owns 35,625,322 shares of the financial services provider's stock worth $3,949,779,000 after purchasing an additional 5,124,203 shares during the last quarter. Principal Financial Group Inc. grew its holdings in shares of Brown & Brown by 0.3% during the first quarter. Principal Financial Group Inc. now owns 12,940,046 shares of the financial services provider's stock worth $1,609,742,000 after purchasing an additional 38,078 shares during the last quarter. State Street Corp boosted its holdings in Brown & Brown by 11.3% in the second quarter. State Street Corp now owns 12,460,821 shares of the financial services provider's stock valued at $1,381,531,000 after acquiring an additional 1,262,139 shares during the last quarter. Geode Capital Management LLC boosted its holdings in Brown & Brown by 16.6% in the second quarter. Geode Capital Management LLC now owns 7,369,576 shares of the financial services provider's stock valued at $813,624,000 after acquiring an additional 1,050,350 shares during the last quarter. Finally, Parnassus Investments LLC bought a new position in Brown & Brown in the first quarter valued at about $899,139,000. Institutional investors own 71.01% of the company's stock.

Insider Activity

In other news, Director Bronislaw Edmund Masojada purchased 1,000 shares of the firm's stock in a transaction that occurred on Wednesday, August 6th. The shares were acquired at an average price of $91.44 per share, for a total transaction of $91,440.00. Following the completion of the acquisition, the director directly owned 5,000 shares in the company, valued at approximately $457,200. The trade was a 25.00% increase in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at this hyperlink. Also, Director Paul J. Krump purchased 2,678 shares of the firm's stock in a transaction that occurred 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 acquisition, the director owned 5,353 shares of the company's stock, valued at $499,488.43. The trade was a 100.11% 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.

About Representative Newhouse

Dan Newhouse (Republican Party) is a member of the U.S. House, representing Washington's 4th Congressional District. He assumed office on January 3, 2015. His current term ends on January 3, 2027. Newhouse (Republican Party) ran for re-election to the U.S. House to represent Washington's 4th Congressional District. He won in the general election on November 5, 2024. Click here to see Newhouse's key votes in Congress. Newhouse served as a member of the Washington House of Representatives representing District 15-Position 2 from 2003 through 2009 and as Washington Director of Agriculture from 2009 to 2013. Newhouse was first elected to the state House in 2002 and served until he was named state Director of Agriculture in 2009. He was first appointed by Governor Christine Gregoire on February 18, 2009.

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.

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