Rep. April McClain Delaney Sells Brown & Brown, Inc. (NYSE:BRO) Stock

Key Points

• Rep. April McClain Delaney sold $100,001–$250,000 of Brown & Brown stock on August 25, according to a September 9 disclosure. She also sold shares of several other companies, including Wabtec, Viking, Trimble and TransDigm.
• Brown & Brown shares opened at $66.33, with a market capitalization of about $22.19 billion. Its latest quarterly results slightly missed expectations, with earnings of $1.07 per share and revenue of $1.65 billion, though revenue rose 30.4% year over year.
• Analysts maintain a generally cautious view, with the stock carrying a consensus “Hold” rating and an average price target of $76.80. Institutional investors own approximately 71% of the company, while its quarterly dividend is $0.165 per share.

Representative April McClain Delaney (Democratic-Maryland) recently sold shares of Brown & Brown, Inc. NYSE: BRO. In a filing disclosed on September 09th, the Representative disclosed that they had sold between $100,001 and $250,000 in Brown & Brown stock on August 25th.

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

• Sold $100,001 - $250,000 in shares of Wabtec NYSE: WAB on 8/25/2026.
• Sold $100,001 - $250,000 in shares of Viking NYSE: VIK on 8/25/2026.
• Sold $100,001 - $250,000 in shares of Trimble NASDAQ: TRMB on 8/25/2026.
• Sold $100,001 - $250,000 in shares of Transdigm Group NYSE: TDG on 8/25/2026.
• Sold $15,001 - $50,000 in shares of Tractor Supply NASDAQ: TSCO on 8/25/2026.
• Sold $15,001 - $50,000 in shares of Middleby NASDAQ: MIDD on 8/25/2026.
• Sold $15,001 - $50,000 in shares of Teledyne Technologies NYSE: TDY on 8/25/2026.
• Sold $100,001 - $250,000 in shares of STERIS NYSE: STE on 8/25/2026.
• Sold $100,001 - $250,000 in shares of Somnigroup International NYSE: SGI on 8/25/2026.
• Sold $100,001 - $250,000 in shares of Signet Jewelers NYSE: SIG on 8/25/2026.

Brown & Brown Stock Performance

NYSE:BRO opened at $66.33 on Friday. The firm has a 50-day moving average of $70.28 and a two-hundred day moving average of $65.88. The company has a debt-to-equity ratio of 0.58, a current ratio of 2.11 and a quick ratio of 2.11. The stock has a market cap of $22.19 billion, a P/E ratio of 20.92, a PEG ratio of 2.05 and a beta of 0.58. Brown & Brown, Inc. has a 1-year low of $53.81 and a 1-year high of $96.55.

Brown & Brown (NYSE:BRO - Get Free Report) last issued its quarterly earnings results on Monday, July 27th. The financial services provider reported $1.07 earnings per share (EPS) for the quarter, missing analysts' consensus estimates of $1.08 by ($0.01). Brown & Brown had a return on equity of 13.17% and a net margin of 17.75%.The company had revenue of $1.65 billion during the quarter, compared to the consensus estimate of $1.71 billion. During the same quarter last year, the firm posted $1.03 EPS. The firm's quarterly revenue was up 30.4% on a year-over-year basis. On average, research analysts expect that Brown & Brown, Inc. will post 4.5 earnings per share for the current fiscal year.

Brown & Brown Dividend Announcement

The company also recently disclosed a quarterly dividend, which was paid on Wednesday, August 19th. Shareholders of record on Wednesday, August 12th were given a $0.165 dividend. This represents a $0.66 dividend on an annualized basis and a yield of 1.0%. The ex-dividend date of this dividend was Wednesday, August 12th. Brown & Brown's dividend payout ratio is presently 20.82%.

Hedge Funds Weigh In On Brown & Brown

Several institutional investors have recently modified their holdings of BRO. California State Teachers Retirement System boosted its position in shares of Brown & Brown by 7,957.4% during the second quarter. California State Teachers Retirement System now owns 27,128,907 shares of the financial services provider's stock worth $1,740,319,000 after buying an additional 26,792,212 shares during the period. BlackRock Inc. acquired a new stake in Brown & Brown in the 2nd quarter valued at approximately $1,418,571,000. Norges Bank bought a new stake in Brown & Brown during the 4th quarter valued at $516,837,000. Capital International Investors bought a new stake in Brown & Brown during the 4th quarter valued at $371,654,000. Finally, Deutsche Bank AG acquired a new position in Brown & Brown during the 2nd quarter worth $266,941,000. Institutional investors own 71.01% of the company's stock.

Analysts Set New Price Targets

A number of research analysts have commented on BRO shares. Weiss Ratings raised Brown & Brown from a "sell (d+)" rating to a "hold (c-)" rating in a report on Wednesday, August 19th. Citizens Jmp upped their price target on Brown & Brown from $70.00 to $78.00 and gave the company a "market outperform" rating in a research report on Friday, July 10th. Jefferies Financial Group restated a "hold" rating on shares of Brown & Brown in a research note on Wednesday, July 29th. JPMorgan Chase & Co. lifted their price objective on shares of Brown & Brown from $78.00 to $80.00 and gave the stock a "neutral" rating in a report on Monday, August 3rd. Finally, Royal Bank Of Canada reiterated a "sector perform" rating on shares of Brown & Brown in a research note on Wednesday, July 29th. Four research analysts have rated the stock with a Buy rating, fourteen have issued a Hold rating and one has assigned a Sell rating to the company. According to MarketBeat, the company currently has an average rating of "Hold" and an average price target of $76.80.

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.

About Brown & Brown

Brown & Brown, Inc is an independent insurance brokerage and risk management company headquartered in Daytona Beach, Florida. The company helps businesses, public entities and individuals identify, manage and transfer risk by providing insurance products and related advisory services.

Its offerings include property and casualty insurance, employee benefits, personal insurance, surety products, risk management services and specialty insurance programs. Brown & Brown also operates wholesale brokerage and managing general agency businesses, which provide specialized coverage and market access to retail insurance agents and brokers.

Founded in 1939 by J.

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