Arthur J. Gallagher & Co
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
Fund manager confidence
Based on 2024 Q2 SEC filings by fund managers ($100M+ AUM)
57% more call options, than puts
Call options by funds: $160M | Put options by funds: $102M
23% more first-time investments, than exits
New positions opened: 112 | Existing positions closed: 91
19% more repeat investments, than reductions
Existing positions increased: 449 | Existing positions reduced: 376
5% more capital invested
Capital invested by funds: $46.5B [Q1] → $49B (+$2.5B) [Q2]
3% more funds holding in top 10
Funds holding in top 10: 38 [Q1] → 39 (+1) [Q2]
2% more funds holding
Funds holding: 1,103 [Q1] → 1,124 (+21) [Q2]
0.65% more ownership
Funds ownership: 85.83% [Q1] → 86.48% (+0.65%) [Q2]
Research analyst outlook
15 Wall Street Analysts provided 1 year price targets over the past 3 months
15 analyst ratings
B of A Securities Joshua Shanker 67% 1-year accuracy 31 / 46 met price target | 3%upside $293 | Underperform Maintained | 10 Oct 2024 |
Wells Fargo Elyse Greenspan 73% 1-year accuracy 53 / 73 met price target | 10%upside $315 | Overweight Maintained | 10 Oct 2024 |
Jefferies Yaron Kinar 80% 1-year accuracy 12 / 15 met price target | 4%downside $274 | Hold Maintained | 9 Oct 2024 |
Wells Fargo Elyse Greenspan 73% 1-year accuracy 53 / 73 met price target | 8%upside $309 | Overweight Maintained | 20 Sept 2024 |
Truist Securities Mark Hughes 86% 1-year accuracy 42 / 49 met price target | 4%downside $275 | Hold Maintained | 20 Sept 2024 |
Financial journalist opinion
Based on 8 articles about AJG published over the past 30 days
