William Blair Issues Pessimistic Forecast for AJG Earnings

Arthur J. Gallagher & Co. (NYSE:AJG) – Research analysts at William Blair decreased their Q4 2024 earnings per share (EPS) estimates for shares of Arthur J. Gallagher & Co. in a note issued to investors on Thursday, January 23rd. William Blair analyst A. Klauber now anticipates that the financial services provider will post earnings of $1.99 per share for the quarter, down from their prior forecast 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.

Several other research analysts also recently commented on AJG. Jefferies Financial Group raised their price objective on Arthur J. Gallagher & Co. from $269.00 to $274.00 and gave the stock a “hold” rating in a research note on Wednesday, October 9th. Barclays upped their price target on shares of 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. Piper Sandler upgraded shares of Arthur J. Gallagher & Co. from a “neutral” rating to an “overweight” rating and lifted their target price for the company from $285.00 to $315.00 in a research note on Wednesday, January 8th. Bank of America raised their price target on Arthur J. Gallagher & Co. from $271.00 to $293.00 and gave the company an “underperform” rating in a report on Thursday, October 10th. Finally, Keefe, Bruyette & Woods upgraded Arthur J. Gallagher & Co. from an “underperform” rating to a “market perform” rating and cut their target price 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 assigned a hold rating and six have issued a buy rating to the company’s stock. Based on data from MarketBeat, Arthur J. Gallagher & Co. has an average rating of “Hold” and a consensus price target of $304.07.

Arthur J. Gallagher & Co. Trading Up 2.2 %

Shares of AJG stock opened at $295.87 on Monday. 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 company has a market cap of $73.91 billion, a price-to-earnings ratio of 56.36 and a beta of 0.76. Arthur J. Gallagher & Co. has a 1 year low of $227.43 and a 1 year high of $316.72. The firm has a fifty day moving average price of $291.74 and a 200-day moving average price of $288.00.

Institutional Investors Weigh In On Arthur J. Gallagher & Co.

Several hedge funds and other institutional investors have recently modified their holdings of the business. Principal Financial Group Inc. raised its holdings in shares of 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 in the last quarter. FMR LLC lifted its holdings in Arthur J. Gallagher & Co. by 4.9% during the third quarter. FMR LLC now owns 12,305,478 shares of the financial services provider’s stock worth $3,462,392,000 after buying an additional 580,134 shares during the period. Assenagon Asset Management S.A. boosted its position in Arthur J. Gallagher & Co. by 6,581.9% during the 4th quarter. Assenagon Asset Management S.A. now owns 437,464 shares of the financial services provider’s stock valued at $124,174,000 after acquiring an additional 430,917 shares in the last quarter. Massachusetts Financial Services Co. MA increased its holdings in shares of Arthur J. Gallagher & Co. by 13.6% in the 3rd quarter. Massachusetts Financial Services Co. MA now owns 3,196,992 shares of the financial services provider’s stock valued at $899,538,000 after acquiring an additional 383,130 shares during the period. Finally, Nomura Asset Management Co. Ltd. raised its position in shares of Arthur J. Gallagher & Co. by 431.9% in the 3rd quarter. Nomura Asset Management Co. Ltd. now owns 323,880 shares of the financial services provider’s stock worth $91,130,000 after acquiring an additional 262,987 shares in the last quarter. 85.53% of the stock is currently owned by hedge funds and other institutional investors.

Arthur J. Gallagher & Co. Company 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 business segments: Brokerage, Risk Management, and Corporate. The Brokerage segment consists of retail and wholesale insurance brokerage operations.