Research Analysts Set Expectations for AJG Q4 Earnings

Arthur J. Gallagher & Co. (NYSE:AJGFree Report) – Equities researchers at William Blair reduced their Q4 2024 earnings per share estimates for shares of Arthur J. Gallagher & Co. in a note issued to investors on Thursday, January 23rd. William Blair analyst A. Klauber now expects that the financial services provider will post earnings of $1.99 per share for the quarter, down from their previous 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 have also recently issued reports on the stock. Piper Sandler raised shares of Arthur J. Gallagher & Co. from a “neutral” rating to an “overweight” rating and raised their target price for the stock from $285.00 to $315.00 in a report on Wednesday, January 8th. TD Cowen raised Arthur J. Gallagher & Co. from a “hold” rating to a “buy” rating and raised their target price for the stock from $295.00 to $377.00 in a report on Friday, January 10th. Keefe, Bruyette & Woods upgraded Arthur J. Gallagher & Co. from an “underperform” rating to a “market perform” rating and lowered their price objective for the stock from $292.00 to $286.00 in a research report on Friday, January 10th. Wells Fargo & Company boosted their target price on shares of Arthur J. Gallagher & Co. from $315.00 to $344.00 and gave the company an “overweight” rating in a research note on Tuesday, December 10th. Finally, Bank of America lifted their price objective on shares of Arthur J. Gallagher & Co. from $271.00 to $293.00 and gave the company an “underperform” rating in a report on Thursday, October 10th. Two 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.com, Arthur J. Gallagher & Co. presently has an average rating of “Hold” and a consensus target price of $304.07.

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Arthur J. Gallagher & Co. Stock Performance

AJG opened at $295.87 on Monday. The company has a market cap of $73.91 billion, a P/E ratio of 56.36 and a beta of 0.76. The company has a quick ratio of 1.06, a current ratio of 1.06 and a debt-to-equity ratio of 0.64. The firm’s 50-day moving average price is $291.74 and its 200-day moving average price is $288.00. Arthur J. Gallagher & Co. has a 52-week low of $227.43 and a 52-week high of $316.72.

Institutional Inflows and Outflows

Several hedge funds have recently added to or reduced their stakes in AJG. FMR LLC boosted its holdings in Arthur J. Gallagher & Co. by 4.9% during the 3rd quarter. FMR LLC now owns 12,305,478 shares of the financial services provider’s stock valued at $3,462,392,000 after acquiring an additional 580,134 shares during the period. State Street Corp boosted its position in Arthur J. Gallagher & Co. by 0.5% in the 3rd quarter. State Street Corp now owns 8,932,007 shares of the financial services provider’s stock valued at $2,513,199,000 after buying an additional 47,656 shares during the period. Geode Capital Management LLC increased its position in shares of Arthur J. Gallagher & Co. by 1.5% during the third quarter. Geode Capital Management LLC now owns 5,490,728 shares of the financial services provider’s stock worth $1,541,044,000 after acquiring an additional 79,429 shares during the period. Massachusetts Financial Services Co. MA grew its stake in shares of Arthur J. Gallagher & Co. by 13.6% during the third quarter. Massachusetts Financial Services Co. MA now owns 3,196,992 shares of the financial services provider’s stock worth $899,538,000 after purchasing an additional 383,130 shares in the last quarter. Finally, Janus Henderson Group PLC boosted its position in shares of Arthur J. Gallagher & Co. by 2.4% in the 3rd quarter. Janus Henderson Group PLC now owns 1,330,703 shares of the financial services provider’s stock valued at $374,408,000 after purchasing an additional 31,181 shares during the period. 85.53% of the stock is currently owned by hedge funds and other institutional investors.

About Arthur J. Gallagher & Co.

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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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