Arthur J. Gallagher & Co. (NYSE:AJG – Free Report) – Equities research analysts at William Blair dropped their Q4 2024 earnings per share (EPS) estimates for Arthur J. Gallagher & Co. in a research note issued on Thursday, January 23rd. William Blair analyst A. Klauber now forecasts that the financial services provider will post earnings of $1.99 per share for the quarter, down from their previous estimate of $2.09. The consensus estimate for Arthur J. Gallagher & Co.’s current full-year earnings is $10.05 per share. William Blair also issued estimates for Arthur J. Gallagher & Co.’s FY2026 earnings at $13.56 EPS.
Other analysts have also recently issued reports about the company. Bank of America increased their target price on Arthur J. Gallagher & Co. from $271.00 to $293.00 and gave the stock an “underperform” rating in a research note on Thursday, October 10th. Jefferies Financial Group raised their price objective on shares of Arthur J. Gallagher & Co. from $269.00 to $274.00 and gave the stock a “hold” rating in a report on Wednesday, October 9th. Piper Sandler raised shares of Arthur J. Gallagher & Co. from a “neutral” rating to an “overweight” rating and upped their target price for the stock from $285.00 to $315.00 in a research note on Wednesday, January 8th. The Goldman Sachs Group downgraded Arthur J. Gallagher & Co. from a “buy” rating to a “neutral” rating and set a $313.00 price target on the stock. in a research note on Monday, November 25th. Finally, Keefe, Bruyette & Woods raised Arthur J. Gallagher & Co. from an “underperform” rating to a “market perform” rating and reduced their price objective for the stock from $292.00 to $286.00 in a research report on Friday, January 10th. Two equities research analysts have rated the stock with a sell rating, six have issued a hold rating and six have issued a buy rating to the company’s stock. According to MarketBeat, the stock currently has an average rating of “Hold” and an average price target of $304.07.
Arthur J. Gallagher & Co. Trading Down 0.8 %
NYSE AJG opened at $293.59 on Monday. Arthur J. Gallagher & Co. has a one year low of $227.43 and a one year high of $316.72. The company has a debt-to-equity ratio of 0.64, a current ratio of 1.06 and a quick ratio of 1.06. The firm has a market cap of $73.34 billion, a P/E ratio of 55.92 and a beta of 0.76. The stock’s 50-day moving average is $291.79 and its 200-day moving average is $288.18.
Institutional Inflows and Outflows
Several hedge funds and other institutional investors have recently made changes to their positions in AJG. Valley National Advisers Inc. bought a new stake in Arthur J. Gallagher & Co. in the 4th quarter valued at $25,000. Strategic Investment Solutions Inc. IL bought a new stake in shares of Arthur J. Gallagher & Co. in the second quarter valued at about $26,000. Pin Oak Investment Advisors Inc. grew its stake in shares of Arthur J. Gallagher & Co. by 543.8% in the third quarter. Pin Oak Investment Advisors Inc. now owns 103 shares of the financial services provider’s stock valued at $28,000 after acquiring an additional 87 shares in the last quarter. Quarry LP bought a new position in Arthur J. Gallagher & Co. during the second quarter worth about $29,000. Finally, Rakuten Securities Inc. raised its stake in Arthur J. Gallagher & Co. by 580.0% in the 3rd quarter. Rakuten Securities Inc. now owns 102 shares of the financial services provider’s stock worth $29,000 after purchasing an additional 87 shares in the last quarter. 85.53% of the stock is currently owned by institutional investors.
About Arthur J. Gallagher & Co.
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 business segments: Brokerage, Risk Management, and Corporate. The Brokerage segment consists of retail and wholesale insurance brokerage operations.
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