Arthur J. Gallagher & Co. $AJG Stake Raised by Balentine LLC

Key Points

• Balentine LLC increased its AJG stake 114.7% in the third quarter, ending the period with 7,522 shares worth about $1.72 million. Institutional investors collectively own 85.53% of the stock.
• Analysts’ consensus rating is “Moderate Buy,” with an average price target of $292.05; several firms raised targets, though Cantor Fitzgerald cut its target and maintained a neutral rating.
• AJG narrowly beat quarterly EPS estimates at $3.00, while revenue rose 19.6% year over year to $3.92 billion but fell short of expectations. Executives also sold shares, and the company declared a $0.70 quarterly dividend.

Balentine LLC raised its holdings in Arthur J. Gallagher & Co. (NYSE:AJG - Free Report) by 114.7% during the third quarter, according to the company in its most recent 13F filing with the SEC. The fund owned 7,522 shares of the financial services provider's stock after buying an additional 4,018 shares during the quarter. Balentine LLC's holdings in Arthur J. Gallagher & Co. were worth $1,716,000 at the end of the most recent quarter.

Other hedge funds have also recently made changes to their positions in the company. Principal Financial Group Inc. increased its position in Arthur J. Gallagher & Co. by 14.4% during the 1st quarter. Principal Financial Group Inc. now owns 3,242,088 shares of the financial services provider's stock valued at $702,182,000 after purchasing an additional 409,145 shares during the period. Gtcr LLC bought a new stake in shares of Arthur J. Gallagher & Co. during the 1st quarter valued at about $514,112,000. Janus Henderson Group PLC boosted its stake in shares of Arthur J. Gallagher & Co. by 5.4% during the 1st quarter. Janus Henderson Group PLC now owns 1,970,990 shares of the financial services provider's stock valued at $426,887,000 after purchasing an additional 101,431 shares in the last quarter. Bank of America Corp DE increased its position in shares of Arthur J. Gallagher & Co. by 23.0% during the first quarter. Bank of America Corp DE now owns 1,854,488 shares of the financial services provider's stock valued at $401,645,000 after buying an additional 346,409 shares during the period. Finally, UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC increased its position in shares of Arthur J. Gallagher & Co. by 0.3% during the second quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC now owns 1,453,774 shares of the financial services provider's stock valued at $333,743,000 after buying an additional 3,905 shares during the period. 85.53% of the stock is owned by hedge funds and other institutional investors.

Analysts Set New Price Targets

AJG has been the topic of a number of research analyst reports. Mizuho upped their target price on Arthur J. Gallagher & Co. from $271.00 to $302.00 and gave the stock an "outperform" rating in a report on Friday, October 30th. Evercore raised their target price on Arthur J. Gallagher & Co. from $295.00 to $307.00 and gave the company an "outperform" rating in a research note on Thursday, October 8th. Wells Fargo & Company lifted their price target on Arthur J. Gallagher & Co. from $284.00 to $312.00 and gave the company an "overweight" rating in a research report on Monday, November 2nd. Cantor Fitzgerald reduced their price target on Arthur J. Gallagher & Co. from $300.00 to $280.00 and set a "neutral" rating on the stock in a research note on Wednesday, October 7th. Finally, Keefe, Bruyette & Woods reiterated an "outperform" rating on shares of Arthur J. Gallagher & Co. in a report on Friday, October 30th. Thirteen investment analysts have rated the stock with a Buy rating and seven have assigned a Hold rating to the stock. Based on data from MarketBeat, Arthur J. Gallagher & Co. has an average rating of "Moderate Buy" and a consensus price target of $292.05.

Insider Activity at Arthur J. Gallagher & Co.

In other Arthur J. Gallagher & Co. news, VP William Ziebell sold 23,510 shares of the firm's stock in a transaction dated Wednesday, November 4th. The shares were sold at an average price of $286.62, for a total transaction of $6,738,436.20. Following the completion of the sale, the vice president directly owned 48,942 shares in the company, valued at approximately $14,027,756.04. This trade represents a 32.45% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, VP Christopher Mead sold 7,590 shares of the firm's stock in a transaction dated Monday, November 2nd. The shares were sold at an average price of $279.72, for a total transaction of $2,123,074.80. Following the sale, the vice president owned 22,287 shares of the company's stock, valued at approximately $6,234,119.64. This represents a 25.40% 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 worth $24,953,010 in the last ninety days. 1.40% of the stock is currently owned by company insiders.

Arthur J. Gallagher & Co. Stock Performance

Arthur J. Gallagher & Co. stock opened at $281.19 on Friday. Arthur J. Gallagher & Co. has a twelve month low of $190.75 and a twelve month high of $294.53. The company has a quick ratio of 1.05, a current ratio of 1.05 and a debt-to-equity ratio of 0.49. The company has a market capitalization of $72.07 billion, a P/E ratio of 43.00, a PEG ratio of 1.62 and a beta of 0.47. The stock's 50 day moving average is $250.04 and its 200 day moving average is $233.19.

Arthur J. Gallagher & Co. (NYSE:AJG - Get Free Report) last announced its quarterly earnings data on Thursday, October 29th. The financial services provider reported $3.00 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $2.99 by $0.01. Arthur J. Gallagher & Co. had a return on equity of 13.90% and a net margin of 10.39%. The business had revenue of $3.92 billion during the quarter, compared to analysts' expectations of $3.98 billion. During the same quarter in the previous year, the business earned $2.32 earnings per share. The firm's quarterly revenue was up 19.6% compared to the same quarter last year. On average, equities research analysts predict that Arthur J. Gallagher & Co. will post 13.13 earnings per share for the current fiscal year.

Arthur J. Gallagher & Co. Dividend Announcement

The company also recently declared 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. The ex-dividend date is Monday, December 7th. This represents a $2.80 dividend on an annualized basis and a yield of 1.0%. Arthur J. Gallagher & Co.'s payout ratio is presently 42.81%.

Key Headlines Impacting Arthur J. Gallagher & Co.

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

Arthur J. Gallagher & Co. Profile

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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