Brown & Brown (BRO)

• Market cap: $30.6B
• 1 day: 0.6%
• 5 days: -1.14%
• 1 month: -2.31%
• 3 months: -14.34%
• 6 months: -22.17%
• Year to date: -7.74%
• 1 year: -9.51%
• 5 years: 107.05%
• 10 years: 490.83%
• Sector: Financials
• Industry: Insurance Brokers

About: Brown & Brown Inc is a diversified insurance agency, wholesale brokerage, insurance programs, and service. The Company markets and sells insurance products and services, in the property, casualty, and employee benefits areas. It provides customers with non-investment insurance contracts, as well as other targeted, customized risk management products and services. It has four reportable segments; the Retail segment; the Programs segment; the Wholesale Brokerage segment and; the Services segment. It generates the majority of its revenue from the Retail segment which provides insurance products and services to commercial, public and quasi-public, and Others through automobile dealer services F&I businesses. Its geographic area is U.S., U.K., the Republic of Ireland, Canada, and Others.

Employees: 17,403

Fund manager confidence

Based on 2025 Q2 regulatory disclosures by fund managers ($100M+ AUM)

36% more first-time investments, than exits

New positions opened: 132 | Existing positions closed: 97

25% more repeat investments, than reductions

Existing positions increased: 367 | Existing positions reduced: 293

17.61% more ownership

Funds ownership: 74.93% [Q1] → 92.54% (+17.61%) [Q2]

14% more call options, than puts

Call options by funds: $40M | Put options by funds: $35M

10% more capital invested

Capital invested by funds: $26.7B [Q1] → $29.4B (+$2.7B) [Q2]

2% more funds holding

Funds holding: 890 [Q1] → 908 (+18) [Q2]

13% less funds holding in top 10

Funds holding in top 10: 32 [Q1] → 28 (-4) [Q2]

Research analyst outlook

8 Wall Street Analysts provided 1 year price targets over the past 3 months

• Low target: $87
• Avg. target: $109
• High target: $130

8 analyst ratings

• positive: 4 50%
• neutral: 3 38%
• negative: 1 13%

Morgan Stanley Bob Huang	$105	Equal-Weight Maintained	18 Aug 2025
Citigroup Matthew Heimermann	$112	Buy Initiated	13 Aug 2025
Wells Fargo Elyse Greenspan	$101	Equal-Weight Downgraded	13 Aug 2025
Raymond James C. Gregory Peters	$120	Outperform Reiterated	4 Aug 2025
Keefe, Bruyette & Woods Meyer Shields	$87	Underperform Maintained	31 Jul 2025