William Blair Brokers Reduce Earnings Estimates for AJG

Arthur J. Gallagher & Co. (NYSE:AJG) – Investment analysts at William Blair lowered their Q4 2024 earnings estimates for shares of Arthur J. Gallagher & Co. in a research report issued on Thursday, January 23rd. William Blair analyst A. Klauber now anticipates that the financial services provider will post earnings per share of $1.99 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.

Arthur J. Gallagher & Co. (NYSE:AJG) last issued its earnings results on Thursday, October 24th. The financial services provider reported $2.26 EPS for the quarter, hitting the consensus estimate of $2.26. Arthur J. Gallagher & Co. had a return on equity of 19.12% and a net margin of 10.40%. The company had revenue of $2.77 billion during the quarter, compared to the consensus estimate of $2.78 billion. During the same period in the previous year, the company posted $2.00 EPS. The firm’s revenue for the quarter was up 12.8% compared to the same quarter last year.

AJG has been the subject of several other research reports. TD Cowen raised shares of Arthur J. Gallagher & Co. from a “hold” rating to a “buy” rating and lifted their target price for the stock from $295.00 to $377.00 in a report on Friday, January 10th. The Goldman Sachs Group cut Arthur J. Gallagher & Co. from a “buy” rating to a “neutral” rating and set a $313.00 price objective for the company. in a report on Monday, November 25th. BMO Capital Markets increased their target price on Arthur J. Gallagher & Co. from $312.00 to $325.00 and gave the stock an “outperform” rating in a research note on Tuesday, November 12th. Jefferies Financial Group upped their price objective on Arthur J. Gallagher & Co. from $269.00 to $274.00 and gave the company a “hold” rating in a report on Wednesday, October 9th. Finally, Barclays increased their price objective on Arthur J. Gallagher & Co. from $300.00 to $308.00 and gave the stock an “equal weight” rating in a research report on Thursday, November 21st. Two investment analysts have rated the stock with a sell rating, six have issued a hold rating and six have given a buy rating to the stock. According to MarketBeat, Arthur J. Gallagher & Co. currently has a consensus rating of “Hold” and an average target price of $304.07.

Arthur J. Gallagher & Co. Trading Up 0.6 %

AJG stock opened at $289.71 on Monday. Arthur J. Gallagher & Co. has a one year low of $227.08 and a one year high of $316.72. The stock has a market cap of $72.37 billion, a price-to-earnings ratio of 55.18 and a beta of 0.76. The company has a fifty day moving average price of $291.74 and a two-hundred day moving average price of $287.86. The company has a debt-to-equity ratio of 0.64, a current ratio of 1.06 and a quick ratio of 1.06.

Institutional Trading of Arthur J. Gallagher & Co.

Several large investors have recently made changes to their positions in the company. Wealth Enhancement Advisory Services LLC lifted its stake in Arthur J. Gallagher & Co. by 21.2% during the fourth quarter. Wealth Enhancement Advisory Services LLC now owns 67,146 shares of the financial services provider’s stock worth $18,893,000 after purchasing an additional 11,752 shares during the last quarter. DekaBank Deutsche Girozentrale lifted its position in shares of Arthur J. Gallagher & Co. by 15.7% during the 3rd quarter. DekaBank Deutsche Girozentrale now owns 109,639 shares of the financial services provider’s stock worth $30,450,000 after buying an additional 14,860 shares during the last quarter. Principal Financial Group Inc. grew its position in Arthur J. Gallagher & Co. by 231.2% in the third quarter. Principal Financial Group Inc. now owns 885,796 shares of the financial services provider’s stock valued at $249,237,000 after acquiring an additional 618,362 shares during the last quarter. MML Investors Services LLC raised its stake in Arthur J. Gallagher & Co. by 1.2% during the third quarter. MML Investors Services LLC now owns 183,857 shares of the financial services provider’s stock worth $51,732,000 after acquiring an additional 2,092 shares in the last quarter. Finally, Nordea Investment Management AB lifted its holdings in shares of Arthur J. Gallagher & Co. by 16.7% in the fourth quarter. Nordea Investment Management AB now owns 22,436 shares of the financial services provider’s stock worth $6,381,000 after acquiring an additional 3,217 shares during the last quarter. Institutional investors and hedge funds own 85.53% of the company’s stock.

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.