FINWIRES · TerminalFinancial News · Live TerminalLIVE

$AJG

24 stories mentioning AJGUpdated 1d ago

Every FINWIRES story that references AJG, newest first.

Arthur J. Gallagher Delivers Few Surprises With Q2 Results, RBC Capital Markets Says

Arthur J. Gallagher (AJG) delivered a largely in-line Q2, with few surprises, and maintained most of its full-year 2026 guidance while modestly raising its outlook for Risk Management organic growth, RBC Capital Markets said in a note Friday.Management maintained its 2026 consolidated organic growth outlook of about 6%, with higher Risk Management guidance offsetting unchanged Brokerage guidance, which implies Q4 acceleration that could raise the risk of a modest guidance cut later this year, according to the note.The investment firm adjusted its operating earnings per share estimates, raising its 2026 outlook to $13.50 from $13.4, but reduced its 2027 forecast to $14.68 from $14.95. RBC also lowered its 2027 organic growth estimate to 5.3%, citing tougher comparisons and moderating pricing.The firm said it expects share repurchases to moderate as the company prioritizes acquisitions, having completed seven transactions representing $63 million in annual revenue and signed about 30 term sheets covering roughly $500 million in annual revenue during the quarter.RBC Capital Markets maintained its outperform rating on the stock, and raised its price target to $310 from $300.Price: $254.42, Change: $-2.04, Percent Change: -0.80%

Commodities1d ago

Exchange-Traded Funds, Equity Futures Higher Pre-Bell Friday as Amazon Earnings Offset Apple Weakness

The broad market exchange-traded fund SPDR S&P 500 ETF Trust (SPY) was up 0.2%, and the actively traded Invesco QQQ Trust (QQQ) advanced 0.9% in Friday's premarket activity, as Amazon's (AMZN) stronger-than-expected earnings and continued demand for AI services outweighed weakness in Apple (AAPL) shares following its quarterly results.US stock futures were also higher, with S&P 500 Index futures up 0.4%, Dow Jones Industrial Average futures advancing 0.5%, and Nasdaq futures gaining 1.1% before the start of regular trading.The quarterly US employment cost index rose by 0.9% in Q2, the same as in the previous quarter, the US Bureau of Labor Statistics reported on Friday.July's Chicago PMI report will be released at 9:45 am ET.The final University of Michigan consumer sentiment reading for July will be released at 10:00 am ET.In premarket action, bitcoin was down by 1.6%. Among cryptocurrency ETFs, the cryptocurrency fund ProShares Bitcoin Strategy ETF (BITO) was 1.7% lower, Ether ETF (EETH) retreated 2.3%, and Bitcoin & Ether Market Cap Weight ETF (BETH) was down 0.03%.Power Play:ConsumerThe State Street Consumer Staples Select Sector SPDR ETF (XLP) was down 0.1%, the Vanguard Consumer Staples Index Fund ETF Shares (VDC) was up 0.3%, and the iShares US Consumer Staples ETF (IYK) was flat. The State Street Consumer Discretionary Select Sector SPDR ETF (XLY) rose 2.5%. The VanEck Retail ETF (RTH) gained 1.2%, while the State Street SPDR S&P Retail ETF (XRT) was 0.3% higher.Amazon (AMZN) jumped more than 10% after the company posted higher Q2 results that beat analysts' estimates.Winners and Losers:Health CareThe State Street Health Care Select Sector SPDR ETF (XLV) retreated 0.4%, the Vanguard Health Care Index Fund (VHT) was down 0.5%, while the iShares US Healthcare ETF (IYH) was flat. The iShares Biotechnology ETF (IBB) was 0.4% lower.Novo Nordisk A/S (NVO) was down 8% premarket after the company said its ziltivekimab did not reduce major adverse cardiovascular events in people with atherosclerotic cardiovascular disease, chronic kidney disease and inflammation versus a placebo in a phase 3 trial.TechnologyThe State Street Technology Select Sector SPDR ETF (XLK) gained 0.4%, the iShares US Technology ETF (IYW) was 0.9% higher, and the iShares Expanded Tech Sector ETF (IGM) was up 0.6%. Among semiconductor ETFs, the State Street SPDR S&P Semiconductor ETF (XSD) increased 4.5%, while the iShares Semiconductor ETF (SOXX) rose by 3.3%.Apple (AAPL) fell 7.5% pre-market Friday after the company reported lower-than-expected services revenue in fiscal Q3.IndustrialThe State Street Industrial Select Sector SPDR ETF (XLI) advanced 1%, the Vanguard Industrials Index Fund (VIS) gained 0.3%, and the iShares US Industrials ETF (IYJ) was flat.RBC Bearings (RBC) was up more than 1% before the opening bell after the company reported higher fiscal Q1 adjusted net income and net sales.FinancialThe State Street Financial Select Sector SPDR ETF (XLF) retreated 0.01%. Direxion Daily Financial Bull 3X Shares (FAS) was down 0.2%, while its bearish counterpart, Direxion Daily Financial Bear 3X Shares (FAZ), was 0.1% higher.Arthur J. Gallagher (AJG) was down 4.4% even after the company reported higher Q2 adjusted earnings and revenue.EnergyThe iShares US Energy ETF (IYE) was inactive, while the State Street Energy Select Sector SPDR ETF (XLE) was up by 0.5%.Chevron (CVX) was up 0.8% before the market open after the company reported higher Q2 results.CommoditiesFront-month US West Texas Intermediate crude oil gained by 2.1% to $85.32 per barrel on the New York Mercantile Exchange. Natural gas was up 1.5% to $2.80 per 1 million British Thermal Units. The United States Oil Fund (USO) increased by 1.8%, while the United States Natural Gas Fund (UNG) was 1% higher.Gold futures for November retreated by 1.2% to $4,112.80 an ounce on the Comex. Silver futures declined by 1.7% to $57.99 an ounce. SPDR Gold Shares (GLD) was down by 1.5%, and the iShares Silver Trust (SLV) fell by 2.5%.

Dow JonesNasdaq CompositeS&P 500$AAPL$AJG$AMZN$BETH$BITO$CVX$EEM$EETH$EXI$FAS$FAZ$GLD$IBB$IGM$IGV$IPK$IVV$IWM$IYE$IYH$IYJ$IYK$IYW$NVO$PMR$QQQ$RBC$RTH$SLV$SOXX$SPY$UNG$USO$VDC$VHT$VIS$XLE$XLF$XLI$XLK$XLP$XLV$XLY$XRT$XSD

Arthur J. Gallagher Q2 Adjusted Earnings, Revenue Rise

Arthur J. Gallagher (AJG) reported Q2 adjusted earnings late Thursday of $2.84 per diluted share, up from $2.30 a year earlier.Analysts polled by FactSet expected $2.81.Revenue in the three months ended June 30 rose to $3.96 billion from $3.18 billion a year earlier.Analysts expected $4.01 billion.The company's shares fell 2.3% in after-hours trading.

Research17d ago

Piper Sandler Upgrades Arthur J. Gallagher to Overweight From Neutral, Adjusts PT to $276 From $225

Arthur J. Gallagher & Co. (AJG) has an average rating of overweight and mean price target of $283.33, 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://finwires.com/en/contact)

US Insurance to See Property Pricing Headwinds in Q2, RBC Says

Marsh (MRSH), American International Group (AIG), and other US insurance intermediaries and carriers in the property and casualty sector will be negatively impacted by property pricing headwinds in Q2, RBC Capital Markets said in a Monday note that previewed the quarter for the US insurance industry.Recent reinsurance renewals have implied that aggressive competition will continue, amid the renewal seasonality being the highest in Q2, the firm said. RBC analysts expect insurance executives to remain negative during the quarter's earnings calls as data continues to indicate downward pressure on property insurance prices, according to the note.The analysts also anticipate some risk of negative growth surprises for insurance carriers due to property seasonality, as well as limited organic growth for brokers. However, several large property insurance carriers are testing rate adequacy, which could pave the way for the slowing of price reductions into 2027, the analysts added.For RBC's Q2 preview, intermediary and mortgage insurer revisions were fairly small, while carriers in general saw cuts due to notable Severe Convective Storm activity in April and June, as well as ongoing losses from the Iran conflict. However, the analysts said that price target revisions were generally positive due to renewed interest in the insurance space.Notably, RBC raised the price targets on Arthur J. Gallagher (AJG) to $300 from $260, and The Hanover Insurance Group (THG) to $215 from $195 prior.Price: $182.01, Change: $+3.70, Percent Change: +2.08%

$AIG$AJG$MRSH$THG

Sector Update: Financial Stocks Higher in Early Monday Trading

Financial stocks were mostly higher on Monday, with the State Street Financial Select Sector SPDR ETF (XLF) gaining by 0.7%.The Direxion Daily Financial Bull 3X Shares (FAS) rose 2.1%, and its bearish counterpart Direxion Daily Financial Bear 3X Shares (FAZ) was 1.9% lower.First Hawaiian (FHB) shares traded down 6% in early trading, while TriCo Bancshares (TCBK) was up 9% after the companies signed a definitive agreement for First Hawaiian to acquire TriCo in an all-stock transaction.Robinhood Markets (HOOD) shares were down by 1% even after Rothschild & Co. Redburn lifted its price target on the stock to $76 from $70.Arthur J. Gallagher (AJG) advanced 1.7% after RBC Capital raised its price target to $300 from $260.

$AJG$FAS$FAZ$FHB$HOOD$TCBK$XLF

Mizuho Securities Adjusts Arthur J. Gallagher Price Target to $287 From $261

Arthur J. Gallagher (AJG) has an average rating of overweight and mean price target of $277.44, according to analysts polled by FactSet.Price: $253.59, Change: $-3.03, Percent Change: -1.18%

Arthur J. Gallagher Acquires Ohio-Based Cincinnati Benefit Solutions

Arthur J. Gallagher (AJG) said Tuesday that it has acquired Ohio-based Cincinnati Benefit Solutions.Terms of the acquisition were not disclosed.Cincinnati Benefit Solutions is a provider of employee benefits services for small businesses in Cincinnati and nearby areas, the company said.Price: $211.99, Change: $+2.92, Percent Change: +1.39%

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://finwires.com/en/contact)Price: $218.16, Change: $+2.26, Percent Change: +1.04%

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%

Research51d ago

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://finwires.com/en/contact)

Research53d ago

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://finwires.com/en/contact)

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%

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%

Research86d ago

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.

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%

Research87d ago

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://finwires.com/en/contact)

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://finwires.com/en/contact)Price: $214.04, Change: $+7.64, Percent Change: +3.70%

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://finwires.com/en/contact)Price: $214.04, Change: $+7.64, Percent Change: +3.70%

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://finwires.com/en/contact)Price: $214.33, Change: $+7.93, Percent Change: +3.84%

Showing 1-20 of 24

Track with the FINWIRES app suite

Track AJG in your portfolio

Analyze AJG options with the wheel strategy

See market sentiment on AJG