William Blair Lowers Earnings Estimates for Brown & Brown

Brown & Brown, Inc. (NYSE:BRO - Free Report) - William Blair cut their Q4 2025 earnings per share estimates for shares of Brown & Brown in a report issued on Tuesday, October 14th. William Blair analyst A. Klauber now forecasts that the financial services provider will post earnings of $0.91 per share for the quarter, down from their previous forecast of $0.92. The consensus estimate for Brown & Brown's current full-year earnings is $4.18 per share. William Blair also issued estimates for Brown & Brown's FY2026 earnings at $4.74 EPS.

Brown & Brown (NYSE:BRO - Get Free Report) last issued its quarterly earnings results on Monday, July 28th. The financial services provider reported $1.03 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.99 by $0.04. The firm had revenue of $1.29 billion for the quarter, compared to analysts' expectations of $1.28 billion. Brown & Brown had a return on equity of 15.10% and a net margin of 19.89%.The firm's revenue for the quarter was up 9.1% on a year-over-year basis. During the same quarter in the previous year, the firm posted $0.93 EPS.

BRO has been the topic of several other research reports. Wells Fargo & Company dropped their target price on Brown & Brown from $101.00 to $98.00 and set an "equal weight" rating on the stock in a research report on Wednesday, October 8th. Keefe, Bruyette & Woods dropped their target price on Brown & Brown from $104.00 to $87.00 and set an "underperform" rating on the stock in a research report on Thursday, July 31st. Morgan Stanley dropped their target price on Brown & Brown from $105.00 to $100.00 and set an "equal weight" rating on the stock in a research report on Tuesday, October 7th. Wall Street Zen upgraded Brown & Brown from a "sell" rating to a "hold" rating in a research report on Saturday, September 20th. Finally, Bank of America upgraded Brown & Brown from a "neutral" rating to a "buy" rating and boosted their target price for the stock from $126.00 to $130.00 in a research report on Wednesday, July 30th. Seven research analysts have rated the stock with a Buy rating, eight have issued a Hold rating and one has assigned a Sell rating to the company. Based on data from MarketBeat, the company currently has an average rating of "Hold" and an average price target of $109.92.

Brown & Brown Stock Performance

Shares of BRO stock opened at $87.45 on Friday. The company has a quick ratio of 6.72, a current ratio of 6.72 and a debt-to-equity ratio of 0.64. The stock's 50-day moving average price is $94.38 and its 200 day moving average price is $104.17. Brown & Brown has a 52-week low of $87.39 and a 52-week high of $125.68. The stock has a market capitalization of $28.84 billion, a PE ratio of 25.20, a price-to-earnings-growth ratio of 2.12 and a beta of 0.79.

Brown & Brown Dividend Announcement

The company also recently declared a quarterly dividend, which was paid on Wednesday, August 20th. Investors of record on Wednesday, August 13th were issued a $0.15 dividend. The ex-dividend date was Wednesday, August 13th. This represents a $0.60 dividend on an annualized basis and a dividend yield of 0.7%. Brown & Brown's dividend payout ratio is currently 17.29%.

Insider Buying and Selling

In other news, Director Bronislaw Edmund Masojada purchased 1,000 shares of the stock in a transaction that occurred on Wednesday, August 6th. The shares were acquired at an average price of $91.44 per share, for a total transaction of $91,440.00. Following the acquisition, the director directly owned 5,000 shares in the company, valued at approximately $457,200. The trade was a 25.00% increase in their position. The acquisition was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. Also, Director Paul J. Krump purchased 2,678 shares of the stock in a transaction that occurred on Friday, August 8th. The stock was purchased at an average price of $93.31 per share, for a total transaction of $249,884.18. Following the acquisition, the director owned 5,353 shares in the company, valued at approximately $499,488.43. This trade represents a 100.11% increase in their ownership of the stock. The disclosure for this purchase can be found here. Corporate insiders own 17.02% of the company's stock.

Institutional Investors Weigh In On Brown & Brown

Institutional investors and hedge funds have recently bought and sold shares of the stock. Bares Capital Management Inc. purchased a new stake in Brown & Brown in the 1st quarter valued at approximately $26,000. Optimum Investment Advisors purchased a new stake in Brown & Brown in the 1st quarter valued at approximately $31,000. SouthState Corp lifted its stake in Brown & Brown by 188.6% in the 1st quarter. SouthState Corp now owns 254 shares of the financial services provider's stock valued at $32,000 after buying an additional 166 shares in the last quarter. ST Germain D J Co. Inc. lifted its stake in Brown & Brown by 298.5% in the 2nd quarter. ST Germain D J Co. Inc. now owns 267 shares of the financial services provider's stock valued at $30,000 after buying an additional 200 shares in the last quarter. Finally, Darwin Wealth Management LLC purchased a new stake in Brown & Brown in the 2nd quarter valued at approximately $30,000. Hedge funds and other institutional investors own 71.01% of the company's stock.

About Brown & Brown

Brown & Brown, Inc is an insurance agency, wholesale brokerage, insurance program and service organization. It engages in the provision of insurance brokerage services and casualty insurance underwriting services. It operates through the following segments: Retail, National Programs, Wholesale Brokerage, and Services.

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