Research Analysts Offer Predictions for AJG Q4 Earnings

Arthur J. Gallagher & Co. (NYSE:AJG - Free Report) - Stock analysts at William Blair reduced their Q4 2024 EPS estimates for shares of Arthur J. Gallagher & Co. in a research report issued on Thursday, January 23rd. William Blair analyst A. Klauber now expects that the financial services provider will post earnings of $1.99 per share for the quarter, down from their previous estimate of $2.09. The consensus estimate for Arthur J. Gallagher & Co.'s current full-year earnings is $10.05 per share. William Blair also issued estimates for Arthur J. Gallagher & Co.'s FY2026 earnings at $13.56 EPS.

AJG has been the subject of several other research reports. Wells Fargo & Company upped their price target on shares of Arthur J. Gallagher & Co. from $315.00 to $344.00 and gave the company an "overweight" rating in a report on Tuesday, December 10th. The Goldman Sachs Group cut Arthur J. Gallagher & Co. from a "buy" rating to a "neutral" rating and set a $313.00 target price for the company. in a report on Monday, November 25th. Keefe, Bruyette & Woods upgraded Arthur J. Gallagher & Co. from an "underperform" rating to a "market perform" rating and cut their price target for the company from $292.00 to $286.00 in a report on Friday, January 10th. Barclays increased their price objective on Arthur J. Gallagher & Co. from $300.00 to $308.00 and gave the stock an "equal weight" rating in a report on Thursday, November 21st. Finally, TD Cowen upgraded Arthur J. Gallagher & Co. from a "hold" rating to a "buy" rating and boosted their target price for the company from $295.00 to $377.00 in a research note on Friday, January 10th. Two investment analysts have rated the stock with a sell rating, six have assigned a hold rating and six have assigned a buy rating to the company's stock. According to MarketBeat, the stock currently has a consensus rating of "Hold" and an average target price of $304.07.

Arthur J. Gallagher & Co. Stock Up 2.2 %

Shares of AJG traded up $6.36 on Monday, hitting $295.87. The company's stock had a trading volume of 1,630,321 shares, compared to its average volume of 1,974,614. The firm's fifty day moving average price is $291.74 and its 200-day moving average price is $288.00. Arthur J. Gallagher & Co. has a fifty-two week low of $227.43 and a fifty-two week high of $316.72. The company has a quick ratio of 1.06, a current ratio of 1.06 and a debt-to-equity ratio of 0.64. The firm has a market capitalization of $73.91 billion, a price-to-earnings ratio of 56.36 and a beta of 0.76.

Arthur J. Gallagher & Co. (NYSE:AJG - Get Free Report) last posted its earnings results on Thursday, October 24th. The financial services provider reported $2.26 earnings per share (EPS) for the quarter, meeting analysts' consensus estimates of $2.26. Arthur J. Gallagher & Co. had a return on equity of 19.12% and a net margin of 10.40%. The firm had revenue of $2.77 billion during the quarter, compared to analysts' expectations of $2.78 billion. During the same period in the previous year, the firm earned $2.00 earnings per share. The company's revenue was up 12.8% on a year-over-year basis.

Institutional Inflows and Outflows

Institutional investors have recently modified their holdings of the company. Catalina Capital Group LLC grew its holdings in Arthur J. Gallagher & Co. by 1.0% during the fourth quarter. Catalina Capital Group LLC now owns 3,380 shares of the financial services provider's stock worth $959,000 after purchasing an additional 35 shares during the period. W Advisors LLC lifted its position in shares of Arthur J. Gallagher & Co. by 2.4% in the third quarter. W Advisors LLC now owns 1,514 shares of the financial services provider's stock valued at $426,000 after buying an additional 36 shares during the last quarter. Greenleaf Trust increased its holdings in shares of Arthur J. Gallagher & Co. by 1.1% during the 4th quarter. Greenleaf Trust now owns 3,310 shares of the financial services provider's stock worth $940,000 after acquiring an additional 36 shares during the last quarter. Miracle Mile Advisors LLC raised its stake in Arthur J. Gallagher & Co. by 0.8% in the 3rd quarter. Miracle Mile Advisors LLC now owns 4,583 shares of the financial services provider's stock valued at $1,289,000 after acquiring an additional 38 shares during the period. Finally, Covenant Partners LLC boosted its position in Arthur J. Gallagher & Co. by 0.7% during the third quarter. Covenant Partners LLC now owns 5,326 shares of the financial services provider's stock worth $1,499,000 after purchasing an additional 38 shares during the period. 85.53% of the stock is currently owned by institutional investors and hedge funds.

About Arthur J. Gallagher & Co.

Arthur J. Gallagher & Co engages in the provision of insurance brokerage, reinsurance brokerage, consulting, and third-party claims settlement and administration services. It operates through the following business segments: Brokerage, Risk Management, and Corporate. The Brokerage segment consists of retail and wholesale insurance brokerage operations.