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16 stories mentioning AJGUpdated 16m ago

Every FINWIRES story that references AJG, newest first.

Wire

Piper Sandler Raises Arthur J. Gallagher Price Target to $225 From $211

Arthur J. Gallagher (AJG) has an average rating of overweight and mean price target of $265.37, according to analysts polled by FactSet.(covers equity, commodity and economic research from major banks and research firms in North America, Asia and Europe. Research providers may contact us here: https://www..com/contact-us)Price: $218.16, Change: $+2.26, Percent Change: +1.04%

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Wire

Arthur J. Gallagher Shares Rise After Jefferies Upgrade

Arthur J. Gallagher (AJG) shares rose more than 1.4% in Thursday trading after Jefferies upgraded the stock to buy from hold and raised the price target to $265 from $235.Trading volume stood at about 1.1 million shares, compared with a daily average of 1.9 million.Price: $223.04, Change: $+2.90, Percent Change: +1.32%

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Research

Jefferies Upgrades Arthur J. Gallagher to Buy From Hold, Adjusts PT to $265 From $235

Arthur J. Gallagher & Co. (AJG) has an average rating of overweight and mean price target of $265.37, according to analysts polled by FactSet.(covers equity, commodity and economic research from major banks and research firms in North America, Asia and Europe. Research providers may contact us here: https://www..com/contact-us)

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Research

UBS Upgrades Arthur J. Gallagher & Co. to Buy From Neutral, Adjusts PT to $250 From $283

Arthur J. Gallagher & Co. (AJG) has an average rating of overweight and mean price target of $263.79, according to analysts polled by FactSet.(covers equity, commodity and economic research from major banks and research firms in North America, Asia and Europe. Research providers may contact us here: https://www..com/contact-us)

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Wire

Arthur J. Gallagher Acquires Twin Elms

Arthur J. Gallagher (AJG) said Tuesday it acquired Florida-based retail insurance broker Twin Elms.The acquisition is expected to further boost the company's environmental brokerage offerings, according to a statement.Financial details of the deal were not disclosed.Price: $205.54, Change: $+0.79, Percent Change: +0.39%

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Wire

Arthur J. Gallagher Adds McKee Risk Management to RPS Division

Arthur J. Gallagher's (AJG) US wholesale brokerage and programs division Risk Placement Services has acquired McKee Risk Management, the company said Wednesday.Terms of the transaction were not disclosed.The acquisition strengthens RPS's program administration capabilities and expands its underwriting expertise within its existing platform, the company said.McKee Risk Management provides underwriting, policy administration, claims coordination and risk management services across construction, public entity and property programs, Arthur J. Gallagher said.Price: $202.44, Change: $-1.04, Percent Change: -0.51%

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Research

Research Alert: CFRA Maintains Buy Opinion On Shares Of Arthur J. Gallagher & Co.

CFRA, an independent research provider, has providedwith the following research alert. Analysts at CFRA have summarized their opinion as follows:We lower our 12-month target price by $55, to $235, valuing AJG shares at 18x our '26 EPS estimate of $13.26 (lowered today by $0.24), and at 16x our '27 EPS estimate of $14.90 (cut by $0.30), versus the shares' three-year average forward multiple of 24x and a peer average of 14x. AJG posted Q1 adjusted EPS of $4.47 versus $3.72 the prior year, missing our $4.56 estimate but topping the $4.43 consensus view. Q1 revenue growth of 28% exceeded our 12%-18% forecast, largely due to acquisitions, though firm-wide organic growth of 5% lagged our 7%-10% forecast. We view AJG as one of the better consolidators in the industry, though growing investor concern exists over execution risks inherent in this acquisition strategy. While we acknowledge these concerns, we think the shares', currently trading at 15x our '26 EPS estimate, are undervalued versus historical averages. Our rating is Buy.

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Wire

BMO Capital Adjusts Arthur J. Gallagher Price Target to $265 From $278

Arthur J. Gallagher (AJG) has an average rating of overweight and mean price target of $270.84, according to analysts polled by FactSet.Price: $202.21, Change: $+5.30, Percent Change: +2.69%

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Citigroup Upgrades Arthur J. Gallagher to Buy From Neutral, Cuts Price Target to $250 From $280

Arthur J. Gallagher (AJG) has an average rating of overweight and mean price target of $270.84, according to analysts polled by FactSet.(covers equity, commodity and economic research from major banks and research firms in North America, Asia and Europe. Research providers may contact us here: https://www..com/contact-us)

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Wire

Keefe Bruyette & Woods Adjusts Arthur J. Gallagher Price Target to $235 From $246

Arthur J. Gallagher & Co (AJG) has an average rating of overweight and mean price target of $272.42, according to analysts polled by FactSet.(covers equity, commodity and economic research from major banks and research firms in North America, Asia and Europe. Research providers may contact us here: https://www..com/contact-us)Price: $214.04, Change: $+7.64, Percent Change: +3.70%

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Mizuho Securities Adjusts Arthur J. Gallagher Price Target to $261 From $259

Arthur J. Gallagher & Co (AJG) has an average rating of overweight and mean price target of $272.42, according to analysts polled by FactSet.(covers equity, commodity and economic research from major banks and research firms in North America, Asia and Europe. Research providers may contact us here: https://www..com/contact-us)Price: $214.04, Change: $+7.64, Percent Change: +3.70%

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Wire

Piper Sandler Adjusts Arthur J. Gallagher Price Target to $211 From $226

Arthur J. Gallagher & Co (AJG) has an average rating of overweight and mean price target of $272.42, according to analysts polled by FactSet.(covers equity, commodity and economic research from major banks and research firms in North America, Asia and Europe. Research providers may contact us here: https://www..com/contact-us)Price: $214.33, Change: $+7.93, Percent Change: +3.84%

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Research

Research Alert: Arthur J. Gallagher Posts Strong Acquisition-related Revenue Growth In Q1

CFRA, an independent research provider, has providedwith the following research alert. Analysts at CFRA have summarized their opinion as follows:AJG posted Q1 adjusted EPS of $4.47 versus $3.72 prior year, missing our $4.56 estimate but topping the $4.43 consensus view. Q1 revenue growth of 28% exceeded our 12%-18% forecast, largely driven by acquisitions, though firm-wide organic growth of 5% lagged our 7%-10% forecast. We view AJG as one of the better consolidators in the industry, though growing investor concern exists over execution risks inherent in this acquisition strategy. Management remained upbeat, emphasizing this quarter marked AJG's 24th consecutive quarter of double-digit adjusted EBITDAC growth. Q1 margin performance was mixed, with Brokerage adjusted EBITDAC margins compressing 320 bps to 40.1% primarily due to prior year AssuredPartners financing benefit, while Risk Management margins expanded 130 bps to 21.7%. AJG completed 9 acquisitions worth $59M in Q1 versus 11 deals totaling $101M in the prior year period. We expect acquisitions to remain central to AJG's growth strategy going forward.

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Wire

Arthur J. Gallagher Q1 Adjusted Earnings, Revenue Rise

Arthur J. Gallagher (AJG) reported Q1 adjusted earnings late Thursday of $4.47 per diluted share, up from $3.72 a year earlier.Analysts surveyed by FactSet expected $4.43.Revenue in the three months ended March 31 rose to $4.72 billion from $3.69 billion a year earlier.Analysts polled by FactSet expected $4.73 billion.The company's shares rose 2.2% in after-hours trading.

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Arthur J. Gallagher Keeps Quarterly Dividend at $0.70 a Share, Payable June 19 to Shareholders of Record June 5

Arthur J. Gallagher Keeps Quarterly Dividend at $0.70 a Share, Payable June 19 to Shareholders of Record June 5

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Wire

Mizuho Adjusts Price Target on Arthur J. Gallagher to $259 From $260, Maintains Outperform Rating

Arthur J. Gallagher & Co (AJG) has an average rating of overweight and mean price target of $274.89, according to analysts polled by FactSet.(covers equity, commodity and economic research from major banks and research firms in North America, Asia and Europe. Research providers may contact us here: https://www..com/contact-us)Price: $218.15, Change: $+4.60, Percent Change: +2.15%

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