2,713 Shares in Arthur J. Gallagher & Co. (NYSE:AJG) Purchased by TFR Capital LLC.

TFR Capital LLC. purchased a new stake in shares of Arthur J. Gallagher & Co. (NYSE:AJG - Free Report) during the fourth quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor purchased 2,713 shares of the financial services provider's stock, valued at approximately $770,000.

A number of other institutional investors have also bought and sold shares of AJG. Mutual Advisors LLC boosted its position in Arthur J. Gallagher & Co. by 12.1% during the fourth quarter. Mutual Advisors LLC now owns 1,790 shares of the financial services provider's stock valued at $530,000 after acquiring an additional 193 shares during the last quarter. Fifth Third Bancorp boosted its position in shares of Arthur J. Gallagher & Co. by 1.5% during the 4th quarter. Fifth Third Bancorp now owns 27,094 shares of the financial services provider's stock worth $7,691,000 after purchasing an additional 403 shares in the last quarter. E Fund Management Hong Kong Co. Ltd. bought a new position in shares of Arthur J. Gallagher & Co. during the 4th quarter worth about $35,000. Blue Trust Inc. boosted its position in shares of Arthur J. Gallagher & Co. by 25.6% during the 4th quarter. Blue Trust Inc. now owns 2,568 shares of the financial services provider's stock worth $723,000 after purchasing an additional 523 shares in the last quarter. Finally, Kavar Capital Partners Group LLC bought a new position in shares of Arthur J. Gallagher & Co. during the 4th quarter worth about $224,000. Institutional investors own 85.53% of the company's stock.

Analysts Set New Price Targets

A number of equities analysts have recently issued reports on the stock. Redburn Atlantic assumed coverage on shares of Arthur J. Gallagher & Co. in a research report on Tuesday, March 25th. They set a "neutral" rating and a $352.00 price objective on the stock. Keefe, Bruyette & Woods upped their target price on shares of Arthur J. Gallagher & Co. from $307.00 to $315.00 and gave the stock a "market perform" rating in a report on Friday, May 2nd. Truist Financial upped their target price on shares of Arthur J. Gallagher & Co. from $275.00 to $290.00 and gave the stock a "hold" rating in a report on Friday, January 31st. Royal Bank of Canada upped their target price on shares of Arthur J. Gallagher & Co. from $320.00 to $340.00 and gave the stock an "outperform" rating in a report on Friday, January 31st. Finally, Barclays increased their price objective on shares of Arthur J. Gallagher & Co. from $308.00 to $346.00 and gave the company an "equal weight" rating in a research note on Friday, April 11th. Two equities research analysts have rated the stock with a sell rating, seven have assigned a hold rating and five have given a buy rating to the company's stock. According to data from MarketBeat, the stock has an average rating of "Hold" and an average target price of $318.57.

Arthur J. Gallagher & Co. Stock Performance

AJG traded up $5.74 on Friday, hitting $347.64. The company's stock had a trading volume of 2,545,224 shares, compared to its average volume of 1,330,346. The company's 50 day simple moving average is $332.85 and its 200-day simple moving average is $315.32. The firm has a market cap of $89.03 billion, a P/E ratio of 53.32 and a beta of 0.78. Arthur J. Gallagher & Co. has a 12 month low of $250.51 and a 12 month high of $350.70. The company has a quick ratio of 1.51, a current ratio of 1.51 and a debt-to-equity ratio of 0.63.

Arthur J. Gallagher & Co. (NYSE:AJG - Get Free Report) last released its quarterly earnings data on Thursday, May 1st. The financial services provider reported $3.67 EPS for the quarter, topping the consensus estimate of $3.57 by $0.10. Arthur J. Gallagher & Co. had a net margin of 12.70% and a return on equity of 16.47%. The company had revenue of $3.69 billion during the quarter, compared to the consensus estimate of $3.85 billion. During the same period last year, the firm earned $3.45 EPS. Arthur J. Gallagher & Co.'s revenue for the quarter was up 14.5% on a year-over-year basis. Analysts forecast that Arthur J. Gallagher & Co. will post 11.54 EPS for the current year.

Arthur J. Gallagher & Co. Dividend Announcement

The business also recently disclosed a quarterly dividend, which will be paid on Friday, June 20th. Stockholders of record on Friday, June 6th will be issued a dividend of $0.65 per share. This represents a $2.60 dividend on an annualized basis and a dividend yield of 0.75%. The ex-dividend date is Friday, June 6th. Arthur J. Gallagher & Co.'s dividend payout ratio is currently 37.63%.

Insider Transactions at Arthur J. Gallagher & Co.

In other Arthur J. Gallagher & Co. news, VP Scott R. Hudson sold 7,510 shares of the business's stock in a transaction dated Friday, March 21st. The shares were sold at an average price of $333.59, for a total value of $2,505,260.90. Following the transaction, the vice president now owns 90,020 shares in the company, valued at approximately $30,029,771.80. The trade was a 7.70% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, insider Susan E. Pietrucha sold 13,500 shares of the business's stock in a transaction dated Monday, May 19th. The shares were sold at an average price of $344.13, for a total transaction of $4,645,755.00. Following the completion of the transaction, the insider now owns 11,941 shares in the company, valued at $4,109,256.33. The trade was a 53.06% decrease in their position. The disclosure for this sale can be found here. In the last ninety days, insiders sold 32,510 shares of company stock valued at $11,033,341. Insiders own 1.60% of the company's stock.

Arthur J. Gallagher & Co. Profile

Arthur J. Gallagher & Co engages in the provision of insurance brokerage, reinsurance brokerage, consulting, and third-party claims settlement and administration services. It operates through the following segments: Brokerage, Risk Management, and Corporate. The Brokerage segment consists of retail and wholesale insurance brokerage operations.