AJG stock icon

Arthur J. Gallagher & Co
AJG

$271.05
0.34%
 

About: Arthur J. Gallagher & Co provides insurance brokerage and consulting services to middle-market entities around the world. The majority of the company's revenue comes from its brokerage segment, where it negotiates and places its customers with insurance companies that provide, among other types, property/casualty and health insurance. The company's primary source of revenue in the brokerage segment is commissioning from the insurance companies. The company also generates significant revenue in its corporate segment, which includes clean energy investment and other investment income. The company generates most of its revenue in the United States, with the remaining revenue coming primarily from Australia, Bermuda, Canada, the Caribbean, New Zealand, and the United Kingdom.

Employees: 52,000

0
Funds holding %
of 6,702 funds
0
Analysts bullish %
of 16 analysts
0
News positive %
of 13 articles

Fund manager confidence

Based on 2024 Q1 SEC filings by fund managers ($100M+ AUM)

42% more call options, than puts

Call options by funds: $166M | Put options by funds: $116M

35% more first-time investments, than exits

New positions opened: 130 | Existing positions closed: 96

8% more capital invested

Capital invested by funds: $41.7B [Q4 2023] → $44.9B (+$3.21B) [Q1 2024]

6% more funds holding in top 10

Funds holding in top 10: 36 [Q4 2023] → 38 (+2) [Q1 2024]

3% more funds holding

Funds holding: 1,051 [Q4 2023] → 1,085 (+34) [Q1 2024]

6% more repeat investments, than reductions

Existing positions increased: 413 | Existing positions reduced: 389

2.98% less ownership

Funds ownership: 85.84% [Q4 2023] → 82.86% (-2.98%) [Q1 2024]

Research analyst outlook

16 Wall Street Analysts provided 1 year price forecasts over the past 6 months

Low target
$203
25%
downside
Avg. target
$255
6%
downside
High target
$290
7%
upside

16 analyst ratings

positive
38%
neutral
19%
negative
44%
Wells Fargo
Elyse Greenspan
4%upside
$282
Overweight
Maintained
26 Jun 2024
RBC Capital
Scott Heleniak
7%upside
$290
Outperform
Maintained
26 Jun 2024
Keefe, Bruyette & Woods
Meyer Shields
11%downside
$240
Underperform
Maintained
26 Jun 2024
B of A Securities
Joshua Shanker
6%downside
$255
Underperform
Maintained
22 May 2024
Argus Research
John Staszak
0%downside
$270
Buy
Maintained
14 May 2024

Financial journalist opinion

Based on 13 articles about AJG published over the past 30 days