Representative Jared Moskowitz (Democratic-Florida) recently sold shares of Brown & Brown, Inc. NYSE: BRO. In a filing disclosed on April 30th, the Representative disclosed that they had sold between $1,001 and $15,000 in Brown & Brown stock on March 23rd. The trade occurred in the Representative's "MORGAN STANLEY ACTIVE ASSETS (5)" account.
Representative Jared Moskowitz also recently made the following trade(s):
- Purchased $1,001 - $15,000 in shares of Palo Alto Networks NASDAQ: PANW on 3/31/2026.
- Purchased $1,001 - $15,000 in shares of Cencora NYSE: COR on 3/31/2026.
- Purchased $1,001 - $15,000 in shares of McDonald's NYSE: MCD on 3/31/2026.
- Purchased $1,001 - $15,000 in shares of GE Aerospace NYSE: GE on 3/31/2026.
- Sold $15,001 - $50,000 in shares of Qualcomm NASDAQ: QCOM on 3/31/2026.
- Purchased $1,001 - $15,000 in shares of American Express NYSE: AXP on 3/31/2026.
- Purchased $1,001 - $15,000 in shares of Broadcom NASDAQ: AVGO on 3/31/2026.
- Purchased $1,001 - $15,000 in shares of Chubb NYSE: CB on 3/31/2026.
- Sold $1,001 - $15,000 in shares of Cummins NYSE: CMI on 3/31/2026.
- Purchased $1,001 - $15,000 in shares of General Dynamics NYSE: GD on 3/31/2026.
Brown & Brown Stock Performance
Shares of NYSE BRO opened at $57.58 on Friday. The company has a quick ratio of 1.66, a current ratio of 1.64 and a debt-to-equity ratio of 0.52. The business's 50 day moving average is $67.60 and its two-hundred day moving average is $75.18. The company has a market cap of $19.52 billion, a P/E ratio of 18.52, a P/E/G ratio of 2.77 and a beta of 0.66. Brown & Brown, Inc. has a 12 month low of $57.46 and a 12 month high of $113.83.
Brown & Brown (NYSE:BRO - Get Free Report) last issued its quarterly earnings results on Monday, April 27th. The financial services provider reported $1.39 EPS for the quarter, topping the consensus estimate of $1.36 by $0.03. The company had revenue of $1.90 billion for the quarter, compared to the consensus estimate of $1.89 billion. Brown & Brown had a return on equity of 12.94% and a net margin of 17.94%.The company's revenue for the quarter was up 35.4% on a year-over-year basis. During the same period in the previous year, the business posted $1.29 EPS. On average, equities analysts expect that Brown & Brown, Inc. will post 4.51 EPS for the current year.
Brown & Brown Announces Dividend
The firm also recently declared a quarterly dividend, which will be paid on Wednesday, May 20th. Shareholders of record on Monday, May 11th will be given a $0.165 dividend. This represents a $0.66 annualized dividend and a yield of 1.1%. The ex-dividend date of this dividend is Monday, May 11th. Brown & Brown's payout ratio is currently 21.22%.
Institutional Trading of Brown & Brown
Large investors have recently bought and sold shares of the stock. Darwin Wealth Management LLC bought a new stake in Brown & Brown in the second quarter valued at $30,000. Cornerstone Planning Group LLC grew its position in Brown & Brown by 423.1% in the third quarter. Cornerstone Planning Group LLC now owns 272 shares of the financial services provider's stock valued at $26,000 after acquiring an additional 220 shares during the period. Basepoint Wealth LLC bought a new stake in Brown & Brown in the fourth quarter valued at $27,000. Union Bancaire Privee UBP SA bought a new stake in Brown & Brown in the first quarter valued at $25,000. Finally, DV Equities LLC bought a new stake in Brown & Brown in the fourth quarter valued at $33,000. 71.01% of the stock is currently owned by institutional investors.
Analyst Ratings Changes
A number of analysts have recently issued reports on BRO shares. Wells Fargo & Company lowered their price objective on Brown & Brown from $72.00 to $69.00 and set an "equal weight" rating on the stock in a research report on Wednesday. Morgan Stanley lowered their price objective on Brown & Brown from $76.00 to $70.00 and set an "equal weight" rating on the stock in a research report on Monday, April 6th. The Goldman Sachs Group lowered their price objective on Brown & Brown from $82.00 to $73.00 and set a "neutral" rating on the stock in a research report on Wednesday, April 8th. Bank of America lowered their price objective on Brown & Brown from $90.00 to $88.00 and set a "neutral" rating on the stock in a research report on Tuesday, April 14th. Finally, Mizuho lowered their price objective on Brown & Brown from $85.00 to $84.00 and set an "outperform" rating on the stock in a research report on Monday, April 13th. Three equities research analysts have rated the stock with a Buy rating and fifteen have given a Hold rating to the stock. According to MarketBeat, the company presently has a consensus rating of "Hold" and a consensus price target of $83.00.
Read Our Latest Report on BRO
About Representative Moskowitz
Jared Evan Moskowitz (Democratic Party) is a member of the U.S. House, representing Florida's 23rd Congressional District. He assumed office on January 3, 2023. His current term ends on January 3, 2027.
Moskowitz (Democratic Party) is running for re-election to the U.S. House to represent Florida's 23rd Congressional District. He declared candidacy for the 2026 election.
Jared Evan Moskowitz was born in Coral Springs, Florida. Moskowitz graduated from Marjory Stoneman Douglas High School. He earned a bachelor's degree in political science and government from George Washington University in 2003 and a law degree from Nova Southeastern University in 2007. Moskowitz's career experience includes working as the director of the Florida Division of Emergency Management and general counsel with AshBritt Inc.
About Brown & Brown
(
Get Free Report)
Brown & Brown, Inc NYSE: BRO is a professional insurance brokerage and risk advisory firm that provides a broad range of property and casualty, employee benefits, personal risk, and specialty insurance products. The company works with commercial, public sector and individual clients to design and place insurance programs, manage claims and loss control, and deliver risk management consulting. Its services also include wholesale brokerage, program administration and other specialty distribution solutions that connect carriers and intermediaries to niche markets.
Brown & Brown operates through a decentralized model of operating units and subsidiaries, enabling local client service with the scale to access national and specialty markets.
Featured Articles
This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest reporting and unbiased coverage. Please send any questions or comments about this story to contact@marketbeat.com.
Before you consider Brown & Brown, you'll want to hear this.
MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Brown & Brown wasn't on the list.
While Brown & Brown currently has a Hold rating among analysts, top-rated analysts believe these five stocks are better buys.
View The Five Stocks Here
Thinking about investing in Meta, Roblox, or Unity? Click the link to learn what streetwise investors need to know about the metaverse and public markets before making an investment.
Get This Free Report
Like this article? Share it with a colleague.
Link copied to clipboard.