Arthur J. Gallagher & CoAJG
About: Founded in 1927 as a one-person agency, Gallagher's primary business is insurance brokerage, with a focus on serving middle-market companies. The company's risk management segment provides third-party claims adjustment to companies that choose to self-insure. Gallagher has 52,000 employees and generates 36% of its revenue internationally, primarily in Australia, Canada, New Zealand, and the UK.
Employees: 52,000
Fund manager confidence
Based on 2024 Q3 regulatory filings by fund managers ($100M+ AUM)
77% more call options, than puts
Call options by funds: $159M | Put options by funds: $89.9M
59% more first-time investments, than exits
New positions opened: 118 | Existing positions closed: 74
4% more funds holding
Funds holding: 1,132 [Q2] → 1,176 (+44) [Q3]
1% more capital invested
Capital invested by funds: $51B [Q2] → $51.2B (+$263M) [Q3]
5% less repeat investments, than reductions
Existing positions increased: 422 | Existing positions reduced: 445
6.78% less ownership
Funds ownership: 90.01% [Q2] → 83.23% (-6.78%) [Q3]
18% less funds holding in top 10
Funds holding in top 10: 40 [Q2] → 33 (-7) [Q3]
Research analyst outlook
7 Wall Street Analysts provided 1 year price targets over the past 3 months
7 analyst ratings
Keefe, Bruyette & Woods Meyer Shields 64% 1-year accuracy 56 / 88 met price target | 1%upside $292 | Underperform Maintained | 11 Dec 2024 |
Wells Fargo Elyse Greenspan 58% 1-year accuracy 53 / 91 met price target | 19%upside $344 | Overweight Maintained | 10 Dec 2024 |
Goldman Sachs Robert Cox 25% 1-year accuracy 1 / 4 met price target | 9%upside $313 | Neutral Downgraded | 25 Nov 2024 |
Barclays Alex Scott 53% 1-year accuracy 30 / 57 met price target | 7%upside $308 | Equal-Weight Maintained | 21 Nov 2024 |
BMO Capital Michael Zaremski 68% 1-year accuracy 17 / 25 met price target | 13%upside $325 | Outperform Maintained | 12 Nov 2024 |
Financial journalist opinion
Based on 20 articles about AJG published over the past 30 days
