Arthur J. Gallagher Stock (NYSE:AJG), Trade Ideas

Arthur J. Gallagher

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.

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Truist Securities downgraded Arthur J. Gallagher &amp; Co. to Hold and lowered price target to $255 due to negative industry data and slowing growth.

Insurance Data Spooks Analyst Amid Industry Jitters, Arthur J. Gallagher Loses Favor

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If you&#39;re interested in broad exposure to the Mid Cap Blend segment of the US equity market, look no further than the Vanguard Mid-Cap ETF (ARCA:VO), a passively managed exchange traded fund launched on 01/26/2004.

Should Vanguard Mid-Cap ETF (VO) Be on Your Investing Radar?

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Arthur J. Gallagher & Co

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Arthur J. Gallagher&nbsp;&amp; Co. today announced the acquisition of Metairie, Louisiana-based Fontenelle &amp; Goodreau Insurance, LLC. Terms of the transaction were not disclosed.
Fontenelle &amp; Goodreau Insurance offers commercial property/casualty coverages specializing in large apartment accounts in the Louisiana market with capabilities nationwide. Charlie Fontenelle and his team will remain in their current location under the direction of Bumpy Triche, head of Gallagher's Southeast retail property/casualty brokerage operations.
"Fontenelle &amp; Goodreau Insurance is a highly regarded agency whose products will enhance our capabilities, particularly within commercial real estate," said J. Patrick Gallagher, Jr., Chairman and CEO. "I am delighted to welcome Charlie and his associates to Gallagher."

Arthur J. Gallagher & Co. Acquires Fontenelle & Goodreau Insurance, LLC; Terms Of The Transaction Were Not Disclosed

Truist Securities&nbsp;analyst&nbsp;Mark Hughes downgraded&nbsp;Arthur J. Gallagher &amp; Co.&nbsp;(NYSE:<a class="ticker" href="https://www.benzinga.com/stock/AJG#NYSE">AJG</a>) to Hold from Buy and lowered the&nbsp;<a target="_blank" href="https://www.benzinga.com/quote/AJG/analyst-ratings" rel="noreferrer noopener">price target to $255 from $280</a>.
The re-rating is based on the recent industry data points (namely the E&amp;S state results and MarketScout survey), expected to increase the potential for a sharper downshift in the P&amp;C cycle, which would have a knock-on effect on organic growth of the company.
In particular, E&amp;S premium growth decelerated sharply in the first quarter to up 7% (from +20% in the fourth quarter), with a negative result in March (-9%), writes the analyst.
Hughes says that the slowing commercial property growth, including in Florida and Texas, appears to have led certain carriers to push for more casualty premiums at the first quarter-end.
Also, the analyst says that Federal Reserve interest rate cuts, expected to commence later this year, could be a further catalyst away from P&amp;C insurance.
Consequently, Hughes reduced the organic growth assumption by 100 bps for this year and next, slightly pulling back the margin forecast.
The analysis lowered the EPS estimates to $9.90 (from $10.03) vs. consensus of $10.14 and $10.85 (from $11.05) vs. street view of $11.35.&nbsp;
Investors can gain exposure to the stock via&nbsp;Exchange Listed Funds Trust Bancreek U.S. Large Cap ETF&nbsp;(NYSE:<a class="ticker" href="https://www.benzinga.com/stock/BCUS#NYSE">BCUS</a>) and&nbsp;Harbor ETF Trust Harbor Dividend Growth Leaders ETF&nbsp;(NYSE:<a class="ticker" href="https://www.benzinga.com/stock/GDIV#NYSE">GDIV</a>).
Price Action: AJG shares are down 1.6% at $240.22 on the last check Wednesday.
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Arthur J. Gallagher (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/AJG#NYSE">AJG</a>) has outperformed the market over the past 20 years by 2.64% on an annualized basis producing an average annual return of 10.47%. Currently, Arthur J. Gallagher has a market capitalization of $52.45 billion. 
Buying $100 In AJG: If an investor had bought $100 of AJG stock 20 years ago, it would be worth $723.86 today based on a price of $238.86 for AJG at the time of writing.
<h3>Arthur J. Gallagher's Performance Over Last 20 Years</h3>
<img src="https://www.benzinga.com/files/images/story/2024/1712759416_0.png" alt="comp_fig" />
Finally -- what's the point of all this? The key insight to take from this article is to note how much of a difference compounded returns can make in your cash growth over a period of time.
This article was generated by Benzinga's automated content engine and reviewed by an editor.

$100 Invested In Arthur J. Gallagher 20 Years Ago Would Be Worth This Much Today

Keefe, Bruyette &amp; Woods analyst Meyer Shields maintains Arthur J. Gallagher (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/AJG#NYSE">AJG</a>) with a Underperform and lowers the price target from $246 to $240.

Keefe, Bruyette & Woods Maintains Underperform on Arthur J. Gallagher, Lowers Price Target to $240

Truist Securities analyst Mark Hughes downgrades Arthur J. Gallagher (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/AJG#NYSE">AJG</a>) from Buy to Hold and lowers the price target from $280 to $255.

Truist Securities Downgrades Arthur J. Gallagher to Hold, Lowers Price Target to $255

Arthur J. Gallagher's (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/AJG#NYSE">AJG</a>) short percent of float has fallen 7.09% since its last report. The company recently reported that it has 2.24 million shares sold short, which is 1.18% of all regular shares that are available for trading. Based on its trading volume, it would take traders 2.96 days to cover their short positions on average.
<h3>Why Short Interest Matters</h3>
Short interest is the number of shares that have been sold short but have not yet been covered or closed out. <a href="https://www.benzinga.com/money/how-to-short-a-stock/">Short selling</a> is when a trader sells shares of a company they do not own, with the hope that the price will fall. Traders make money from short selling if the price of the stock falls and they lose if it rises.
Short interest is important to track because it can act as an indicator of market sentiment towards a particular stock. An increase in short interest can signal that investors have become more bearish, while a decrease in short interest can signal they have become more bullish.
See Also: <a href="https://www.benzinga.com/short-interest">List of the most shorted stocks</a>
<h3>Arthur J. Gallagher Short Interest Graph (3 Months)</h3>
<img src="https://www.benzinga.com/files/images/story/2024/1712584812_0.png" alt="short_fig" />
As you can see from the chart above the percentage of shares that are sold short for Arthur J. Gallagher has declined since its last report. This does not mean that the stock is going to rise in the near-term but traders should be aware that less shares are being shorted.
<h3>Comparing Arthur J. Gallagher's Short Interest Against Its Peers</h3>
Peer comparison is a popular technique amongst analysts and investors for gauging how well a company is performing. A company's peer is another company that has similar characteristics to it, such as industry, size, age, and financial structure. You can find a company's peer group by reading its 10-K, proxy filing, or by doing your own similarity analysis.
According to <a href="https://pro.benzinga.com/">Benzinga Pro</a>, Arthur J. Gallagher's peer group average for short interest as a percentage of float is 3.02%, which means the company has less short interest than most of its peers.
Did you know that increasing short interest can actually be bullish for a stock? <a href="https://www.benzinga.com/money/how-to-make-money-on-a-short-squeeze/">This post by Benzinga Money explains how you can profit from it.</a>
This article was generated by Benzinga's automated content engine and was reviewed by an editor.

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(AJG) - Analyzing Arthur J. Gallagher's Short Interest

TD Cowen maintains Arthur J. Gallagher (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/AJG#NYSE">AJG</a>) with a Hold and raises the price target from $249 to $273.

TD Cowen Maintains Hold on Arthur J. Gallagher, Raises Price Target to $273

Arthur J. Gallagher&nbsp;&amp; Co. today announced the acquisition of Fort Myers, Florida-based Specialty Risk Management Services, LLC, and its affiliate, Private Client Insurance Services, LLC. Terms of the transaction were not disclosed.

Arthur J. Gallagher & Co. Acquires Specialty Risk Management Services, LLC, And Private Client Insurance Services, LLC; Terms Of The Transaction Were Not Disclosed

Arthur J. Gallagher (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/AJG#NYSE">AJG</a>) has outperformed the market over the past 15 years by 6.6% on an annualized basis producing an average annual return of 19.57%. Currently, Arthur J. Gallagher has a market capitalization of $53.74 billion. 
Buying $1000 In AJG: If an investor had bought $1000 of AJG stock 15 years ago, it would be worth $14,600.83 today based on a price of $246.17 for AJG at the time of writing.
<h3>Arthur J. Gallagher's Performance Over Last 15 Years</h3>
<img src="https://www.benzinga.com/files/images/story/2024/1711567819_0.png" alt="comp_fig" />
Finally -- what's the point of all this? The key insight to take from this article is to note how much of a difference compounded returns can make in your cash growth over a period of time.
This article was generated by Benzinga's automated content engine and reviewed by an editor.

$1000 Invested In Arthur J. Gallagher 15 Years Ago Would Be Worth This Much Today

Truist Securities analyst Mark Hughes maintains Arthur J. Gallagher (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/AJG#NYSE">AJG</a>) with a Buy and maintains $280 price target.

Truist Securities Maintains Buy on Arthur J. Gallagher, Maintains $280 Price Target

If you&#39;re interested in broad exposure to the Mid Cap Blend segment of the US equity market, look no further than the Vanguard Mid-Cap ETF (ARCA:VO), a passively managed exchange traded fund launched on 01/26/2004.
The fund is sponsored by Vanguard. It has amassed assets over $63.11 billion, making it one of the largest ETFs attempting to match the Mid Cap Blend segment of the US equity market.
Why Mid Cap Blend
Mid cap companies, with market capitalization in the range of $2 billion and $10 billion, offer investors many things that small and large companies don&#39;t, including less risk and higher growth opportunities. Thus, companies that fall under this category provide a stable and growth-heavy investment.
Typically holding a combination of both growth and value stocks, blend ETFs also demonstrate qualities seen in value and growth investments.
Costs
Since cheaper funds tend to produce better results than more expensive funds, assuming all other factors remain equal, it is important for investors to pay attention to an ETF&#39;s expense ratio.
Annual operating expenses for this ETF are 0.04%, making it one of the least expensive products in the space.
It has a 12-month trailing dividend yield of 1.52%.
Sector Exposure and Top Holdings
Even though ETFs offer diversified exposure that minimizes single stock risk, investors should also look at the actual holdings inside the fund. Luckily, most ETFs are very transparent products that disclose their holdings on a daily basis.
This ETF has heaviest allocation to the Industrials sector--about 18% of the portfolio. Information Technology and Financials round out the top three.
Looking at individual holdings, Amphenol Corp (NYSE: <a class="ticker" href="https://www.benzinga.com/stock/aph#NYSE">APH</a>) accounts for about 0.85% of total assets, followed by Arthur J Gallagher &amp; Co (NYSE: <a class="ticker" href="https://www.benzinga.com/stock/ajg#NYSE">AJG</a>) and Motorola Solutions Inc (NYSE: <a class="ticker" href="https://www.benzinga.com/stock/msi#NYSE">MSI</a>).
The top 10 holdings account for about 5.62% of total assets under management.
Performance and Risk
VO seeks to match the performance of the CRSP US Mid Cap Index before fees and expenses. The CRSP US Mid Cap Index targets inclusion of the U.S. companies that fall between the top 70%-85% of investable market capitalization.
The ETF has added roughly 6.10% so far this year and is up about 24.20% in the last one year (as of 03/25/2024). In the past 52-week period, it has traded between $195.66 and $247.32.
The ETF has a beta of 1.08 and standard deviation of 18.78% for the trailing three-year period, making it a medium risk choice in the space. With about 338 holdings, it effectively diversifies company-specific risk.
Alternatives
Vanguard Mid-Cap ETF holds a Zacks ETF Rank of 1 (Strong Buy), which is based on expected asset class return, expense ratio, and momentum, among other factors. Because of this, VO is an excellent option for investors seeking exposure to the Style Box - Mid Cap Blend segment of the market. There are other additional ETFs in the space that investors could consider as well.
The iShares Russell Mid-Cap ETF (ARCA:IWR) and the iShares Core S&amp;P Mid-Cap ETF (ARCA:IJH) track a similar index. While iShares Russell Mid-Cap ETF has $32.61 billion in assets, iShares Core S&amp;P Mid-Cap ETF has $83.50 billion. IWR has an expense ratio of 0.19% and IJH charges 0.05%.
Bottom-Line
Retail and institutional investors increasingly turn to passively managed ETFs because they offer low costs, transparency, flexibility, and tax efficiency; these kind of funds are also excellent vehicles for long term investors.
<a href="https://www.zacks.com/stock/news/2245283/should-vanguard-mid-cap-etf-vo-be-on-your-investing-radar?cid=CS-BENZ-FT-style_box_etf-2245283">To read this article on Zacks.com click here.</a>

RBC Capital analyst Scott Heleniak maintains Arthur J. Gallagher (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/AJG#NYSE">AJG</a>) with a Outperform and raises the price target from $270 to $282.

RBC Capital Maintains Outperform on Arthur J. Gallagher, Raises Price Target to $282

<a href="https://www.sec.gov/ixviewer/ix.html?doc=/Archives/edgar/data/354190/000119312524067927/d794926d8k.htm" title="https://www.sec.gov/ixviewer/ix.html?doc=/Archives/edgar/data/354190/000119312524067927/d794926d8k.htm">https://www.sec.gov/ixviewer/ix.html?doc=/Archives/edgar/data/354190/000119312524067927/d794926d8k.htm</a>

Arthur J. Gallagher Entered Equity Distribution Agreement With Morgan Stanley Pursuant To Which Co. May Offer and Sell Up To 3M Shares

Arthur J. Gallagher (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/AJG#NYSE">AJG</a>) has outperformed the market over the past 10 years by 7.55% on an annualized basis producing an average annual return of 18.35%. Currently, Arthur J. Gallagher has a market capitalization of $54.18 billion. 
Buying $1000 In AJG: If an investor had bought $1000 of AJG stock 10 years ago, it would be worth $5,331.98 today based on a price of $249.91 for AJG at the time of writing.
<h3>Arthur J. Gallagher's Performance Over Last 10 Years</h3>
<img src="https://www.benzinga.com/files/images/story/2024/1709906418_0.png" alt="comp_fig" />
Finally -- what's the point of all this? The key insight to take from this article is to note how much of a difference compounded returns can make in your cash growth over a period of time.
This article was generated by Benzinga's automated content engine and reviewed by an editor.

Here's How Much $1000 Invested In Arthur J. Gallagher 10 Years Ago Would Be Worth Today

Arthur J. Gallagher (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/AJG#NYSE">AJG</a>) has outperformed the market over the past 20 years by 2.75% on an annualized basis producing an average annual return of 10.44%. Currently, Arthur J. Gallagher has a market capitalization of $53.12 billion. 
Buying $100 In AJG: If an investor had bought $100 of AJG stock 20 years ago, it would be worth $728.95 today based on a price of $245.00 for AJG at the time of writing.
<h3>Arthur J. Gallagher's Performance Over Last 20 Years</h3>
<img src="https://www.benzinga.com/files/images/story/2024/1708723812_0.png" alt="comp_fig" />
Finally -- what's the point of all this? The key insight to take from this article is to note how much of a difference compounded returns can make in your cash growth over a period of time.
This article was generated by Benzinga's automated content engine and reviewed by an editor.

$100 Invested In This Stock 20 Years Ago Would Be Worth $700 Today

Arthur J. Gallagher & Co. Acquires Simply-Communicate; Terms Not Disclosed

Arthur J. Gallagher (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/AJG#NYSE">AJG</a>) has outperformed the market over the past 20 years by 2.64% on an annualized basis producing an average annual return of 10.18%. Currently, Arthur J. Gallagher has a market capitalization of $50.72 billion. 
Buying $100 In AJG: If an investor had bought $100 of AJG stock 20 years ago, it would be worth $716.38 today based on a price of $234.05 for AJG at the time of writing.
<h3>Arthur J. Gallagher's Performance Over Last 20 Years</h3>
<img src="https://www.benzinga.com/files/images/story/2024/1707328824_0.png" alt="comp_fig" />
Finally -- what's the point of all this? The key insight to take from this article is to note how much of a difference compounded returns can make in your cash growth over a period of time.
This article was generated by Benzinga's automated content engine and reviewed by an editor.

Here's How Much You Would Have Made Owning Arthur J. Gallagher Stock In The Last 20 Years

Arthur J. Gallagher & Co. Acquires John Galt Insurance Agency; Terms Not Disclosed

Arthur J. Gallagher & Co. Acquires FarmPLUS Insurance Services; Terms Not Disclosed

Arthur J. Gallagher & Co. Acquires Ericson Insurance Advisors; Terms Not Disclosed

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Analysts Conflicted on These Financial Names: Independent Bank (INDB), Arthur J Gallagher & Co (AJG) and LPL Financial (LPLA)

Companies in the Financial sector have received a lot of coverage today as analysts weigh in on Arthur J Gallagher & Co (AJG – Research Report) and...

Analysts Offer Insights on Financial Companies: Arthur J Gallagher & Co (AJG) and Factset Research (FDS)

Analysts' Opinions Are Mixed on These Financial Stocks: Arthur J Gallagher & Co (AJG) and Factset Research (FDS)

Companies in the Financial sector have received a lot of coverage today as analysts weigh in on Factset Research (FDS – Research Report) and Arthur...

Analysts' Opinions Are Mixed on These Financial Stocks: Factset Research (FDS) and Arthur J Gallagher & Co (AJG)

Analysts have been eager to weigh in on the Financial sector with new ratings on XP (XP – Research Report), Arthur J Gallagher & Co (AJG – Research...

Analysts Offer Insights on Financial Companies: XP (XP), Arthur J Gallagher & Co (AJG) and Factset Research (FDS)

Truist Financial analyst Mark Hughes initiated coverage with a Buy rating on Arthur J Gallagher & Co (AJG – Research Report) today and set a price ...

Arthur J Gallagher & Co (AJG) Receives a New Rating from Truist Financial

Arthur J. Gallagher acquires Specialty Risk Management Services

Bank of America Securities analyst Joshua Shanker maintained a Sell rating on Arthur J Gallagher & Co (AJG – Research Report) today. The company's ...

Arthur J Gallagher & Co (AJG) Gets a Sell from Bank of America Securities

Arthur J. Gallagher downgraded at Truist on macro risks

Arthur J. Gallagher & Co. acquires Fontenelle & Goodreau Insurance

INDB

LPLA

Press Releases

Consolidated Communications named a U.S. Best-in-Class Employer by Gallagher

HR survey shows heightened employee expectations for wellbeing support amid growing job dissatisfaction and desire to change jobs

Insurance

Arthur J. Gallagher & Co. To Host Regularly Scheduled Quarterly Investor Meeting With Management

Jadex Inc. Recognized as U.S. Best-in-Class Employer by Gallagher

Arthur J. Gallagher & Co. Acquires Specialty Risk Management Services, LLC, and Private Client Insurance Services, LLC

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Special Olympics International and Gallagher Announce Renewed Global Partnership to Further Support Special Olympics Sports and Athletes Around the World

Arthur J. Gallagher & Co. Announces First Quarter 2024 Earnings Release And Conference Call Date

Schneider honored as Best-In-Class Employer by Gallagher

Arthur J. Gallagher & Co. Acquires Fontenelle & Goodreau Insurance, LLC

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