6,778 Arthur J. Gallagher & Co. $AJG Shares Bought by Ethic Inc.

Key Points

• Ethic Inc. increased its Arthur J. Gallagher stake by 23.5% in the third quarter, buying 6,778 shares and bringing its holdings to 35,637 shares worth about $8.8 million.
• Analyst views were generally positive: 13 analysts rated AJG a Buy and seven a Hold, for a “Moderate Buy” consensus and an average price target of $292.05.
• Quarterly earnings were $3.00 per share, slightly above estimates, while revenue grew 19.6% year over year but came in below expectations. Company insiders sold 90,596 shares worth nearly $25 million over three months.

Ethic Inc. grew its holdings in Arthur J. Gallagher & Co. (NYSE:AJG - Free Report) by 23.5% in the third quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 35,637 shares of the financial services provider's stock after purchasing an additional 6,778 shares during the period. Ethic Inc.'s holdings in Arthur J. Gallagher & Co. were worth $8,831,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds have also modified their holdings of the business. Triumph Capital Management boosted its position in Arthur J. Gallagher & Co. by 4,000.0% during the 3rd quarter. Triumph Capital Management now owns 123 shares of the financial services provider's stock worth $28,000 after acquiring an additional 120 shares during the period. NFSG Corp grew its stake in Arthur J. Gallagher & Co. by 4,033.3% during the 3rd quarter. NFSG Corp now owns 124 shares of the financial services provider's stock valued at $28,000 after acquiring an additional 121 shares in the last quarter. Axiom Investment Management LLC acquired a new position in shares of Arthur J. Gallagher & Co. in the 1st quarter valued at about $28,000. Cassaday & Co Wealth Management LLC acquired a new position in shares of Arthur J. Gallagher & Co. in the 1st quarter valued at about $29,000. Finally, Physician Wealth Advisors Inc. lifted its position in shares of Arthur J. Gallagher & Co. by 57.4% in the third quarter. Physician Wealth Advisors Inc. now owns 148 shares of the financial services provider's stock worth $34,000 after purchasing an additional 54 shares in the last quarter. Hedge funds and other institutional investors own 85.53% of the company's stock.

Insider Transactions at Arthur J. Gallagher & Co.

In related news, VP Scott Hudson sold 12,000 shares of the company's stock in a transaction on Wednesday, September 2nd. The shares were sold at an average price of $264.13, for a total value of $3,169,560.00. Following the completion of the sale, the vice president directly owned 90,262 shares in the company, valued at approximately $23,840,902.06. This represents a 11.73% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is accessible through this link. Also, VP William Ziebell sold 23,510 shares of the stock in a transaction on Wednesday, November 4th. The stock was sold at an average price of $286.62, for a total transaction of $6,738,436.20. Following the transaction, the vice president directly owned 48,942 shares in the company, valued at $14,027,756.04. The trade was a 32.45% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Insiders sold a total of 90,596 shares of company stock valued at $24,953,010 in the last three months. 1.40% of the stock is currently owned by company insiders.

Analyst Upgrades and Downgrades

A number of research analysts recently commented on AJG shares. Royal Bank Of Canada boosted their price objective on shares of Arthur J. Gallagher & Co. from $290.00 to $315.00 and gave the company an "outperform" rating in a research report on Friday, October 30th. Seaport Research Partners upgraded shares of Arthur J. Gallagher & Co. to a "buy" rating in a research report on Wednesday, October 7th. Cantor Fitzgerald decreased their target price on shares of Arthur J. Gallagher & Co. from $300.00 to $280.00 and set a "neutral" rating for the company in a research note on Wednesday, October 7th. Truist Financial lifted their target price on shares of Arthur J. Gallagher & Co. from $265.00 to $275.00 and gave the company a "hold" rating in a research note on Friday, October 30th. Finally, Jefferies Financial Group boosted their price target on shares of Arthur J. Gallagher & Co. from $295.00 to $319.00 and gave the company a "buy" rating in a report on Tuesday, November 3rd. Thirteen investment analysts have rated the stock with a Buy rating and seven have assigned a Hold rating to the company's stock. Based on data from MarketBeat, Arthur J. Gallagher & Co. has an average rating of "Moderate Buy" and an average target price of $292.05.

Arthur J. Gallagher & Co. Price Performance

Shares of AJG opened at $281.19 on Monday. The company has a debt-to-equity ratio of 0.49, a quick ratio of 1.05 and a current ratio of 1.05. The firm has a market cap of $72.07 billion, a PE ratio of 43.00, a PEG ratio of 1.61 and a beta of 0.47. The firm's 50 day moving average price is $250.04 and its 200 day moving average price is $233.19. Arthur J. Gallagher & Co. has a twelve month low of $190.75 and a twelve month high of $294.53.

Arthur J. Gallagher & Co. (NYSE:AJG - Get Free Report) last posted its earnings results on Thursday, October 29th. The financial services provider reported $3.00 EPS for the quarter, topping the consensus estimate of $2.99 by $0.01. Arthur J. Gallagher & Co. had a net margin of 10.39% and a return on equity of 13.90%. The company had revenue of $3.92 billion during the quarter, compared to the consensus estimate of $3.98 billion. During the same period in the previous year, the firm posted $2.32 earnings per share. The company's revenue for the quarter was up 19.6% compared to the same quarter last year. As a group, research analysts expect that Arthur J. Gallagher & Co. will post 13.13 EPS for the current fiscal year.

Arthur J. Gallagher & Co. Announces Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Friday, December 18th. Investors of record on Monday, December 7th will be paid a $0.70 dividend. This represents a $2.80 annualized dividend and a dividend yield of 1.0%. The ex-dividend date of this dividend is Monday, December 7th. Arthur J. Gallagher & Co.'s payout ratio is presently 42.81%.

More Arthur J. Gallagher & Co. News

Here are the key news stories impacting Arthur J. Gallagher & Co. this week:

• Positive Sentiment: Jefferies raised its price target to $319 from $295 and maintained a Buy rating, signaling expected upside. Jefferies analyst report
• Negative Sentiment: BMO Capital Markets lowered its rating on AJG, while Dowling & Partners cut its 2026 EPS estimate to $13.15 from $13.75. These actions may weigh on sentiment by signaling less optimism about the stock or earnings outlook. BMO rating report
• Negative Sentiment: Multiple executives sold shares: CFO Douglas Howell sold 30,996, VP William Ziebell sold 23,510, and VP Christopher Mead sold 7,590. The transactions reduced their respective holdings by about 25%–32%; insider sales can concern investors, though they do not necessarily indicate a change in the company’s outlook. Howell SEC filing Ziebell SEC filing Mead SEC filing

About Arthur J. Gallagher & Co.

Arthur J. Gallagher & Co is a global insurance brokerage and risk management services firm. It helps businesses and other organizations assess and manage risk, arrange insurance coverage, and address employee benefits needs.

The company's services include insurance brokerage, risk management consulting, employee benefits consulting, and claims and settlement services through its Gallagher Bassett business. It serves clients in the United States and internationally, including through a network of correspondent brokers.

Founded in 1927 by Arthur J.

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