Rep. Val T. Hoyle Sells Off Shares of Brown & Brown, Inc. (NYSE:BRO)

Representative Val T. Hoyle (D-Oregon) recently sold shares of Brown & Brown, Inc. (NYSE:BRO). In a filing disclosed on October 10th, the Representative disclosed that they had sold between $1,001 and $15,000 in Brown & Brown stock on September 23rd. The trade occurred in the Representative’s “FIDELITY ROLLOVER IRA” account.

Representative Val T. Hoyle also recently made the following trade(s):

• Sold $1,001 – $15,000 in shares of Marriott International (NASDAQ:MAR) on 9/23/2025.
• Sold $1,001 – $15,000 in shares of Transdigm Group (NYSE:TDG) on 9/23/2025.
• Sold $1,001 – $15,000 in shares of H&R Block (NYSE:HRB) on 9/23/2025.
• Sold $1,001 – $15,000 in shares of NIKE (NYSE:NKE) on 9/23/2025.
• Sold $1,001 – $15,000 in shares of Bank of New York Mellon (NYSE:BK) on 9/23/2025.
• Sold $1,001 – $15,000 in shares of Cisco Systems (NASDAQ:CSCO) on 9/23/2025.
• Sold $1,001 – $15,000 in shares of Capital One Financial (NYSE:COF) on 9/23/2025.
• Sold $1,001 – $15,000 in shares of Pentair (NYSE:PNR) on 9/23/2025.
• Sold $1,001 – $15,000 in shares of Heico (NYSE:HEI.A) on 9/23/2025.
• Sold $1,001 – $15,000 in shares of Target (NYSE:TGT) on 9/23/2025.

Brown & Brown Stock Up 0.5%

Shares of NYSE:BRO opened at $96.01 on Monday. Brown & Brown, Inc. has a one year low of $89.99 and a one year high of $125.68. The company has a 50 day moving average of $94.34 and a 200-day moving average of $104.76. The company has a debt-to-equity ratio of 0.64, a current ratio of 6.72 and a quick ratio of 6.72. The stock has a market cap of $31.67 billion, a price-to-earnings ratio of 27.67, a P/E/G ratio of 2.17 and a beta of 0.79.

Brown & Brown (NYSE:BRO) last issued its quarterly earnings results on Monday, July 28th. The financial services provider reported $1.03 EPS for the quarter, topping the consensus estimate of $0.99 by $0.04. Brown & Brown had a net margin of 19.89% and a return on equity of 15.10%. The company had revenue of $1.29 billion during the quarter, compared to analysts’ expectations of $1.28 billion. During the same quarter in the previous year, the company earned $0.93 EPS. Brown & Brown’s revenue was up 9.1% on a year-over-year basis. On average, sell-side analysts forecast that Brown & Brown, Inc. will post 4.18 earnings per share for the current year.

Brown & Brown Announces Dividend

The firm also recently declared a quarterly dividend, which was paid on Wednesday, August 20th. Stockholders of record on Wednesday, August 13th were given a dividend of $0.15 per share. The ex-dividend date was Wednesday, August 13th. This represents a $0.60 annualized dividend and a dividend yield of 0.6%. Brown & Brown’s payout ratio is currently 17.29%.

Insiders Place Their Bets

In other Brown & Brown news, Director Bronislaw Edmund Masojada acquired 1,000 shares of the business’s stock in a transaction dated Wednesday, August 6th. The shares were acquired at an average price of $91.44 per share, with a total value of $91,440.00. Following the completion of the transaction, the director directly owned 5,000 shares in the company, valued at $457,200. This trade represents a 25.00% increase in their position. The purchase was disclosed in a filing with the SEC, which can be accessed through the SEC website. Also, Director Paul J. Krump acquired 2,678 shares of the business’s stock in a transaction dated Friday, August 8th. The stock was acquired at an average cost of $93.31 per share, for a total transaction of $249,884.18. Following the transaction, the director owned 5,353 shares of the company’s stock, valued at $499,488.43. This represents a 100.11% increase in their ownership of the stock. The disclosure for this purchase can be found here. Insiders own 15.59% of the company’s stock.

Analyst Upgrades and Downgrades

BRO has been the topic of several recent analyst reports. Morgan Stanley reduced their price objective on shares of Brown & Brown from $105.00 to $100.00 and set an “equal weight” rating on the stock in a research note on Tuesday, October 7th. BMO Capital Markets reduced their price objective on shares of Brown & Brown from $122.00 to $106.00 and set an “outperform” rating on the stock in a research note on Wednesday, July 30th. Weiss Ratings lowered shares of Brown & Brown from a “buy (b-)” rating to a “hold (c+)” rating in a research note on Wednesday, October 8th. Bank of America raised shares of Brown & Brown from a “neutral” rating to a “buy” rating and lifted their price objective for the stock from $126.00 to $130.00 in a research note on Wednesday, July 30th. Finally, Keefe, Bruyette & Woods reduced their price objective on shares of Brown & Brown from $104.00 to $87.00 and set an “underperform” rating on the stock in a research note on Thursday, July 31st. Seven investment analysts have rated the stock with a Buy rating, eight have assigned a Hold rating and one has issued a Sell rating to the company. According to MarketBeat.com, the stock presently has an average rating of “Hold” and a consensus target price of $109.92.

Institutional Inflows and Outflows

A number of institutional investors have recently bought and sold shares of BRO. Bares Capital Management Inc. bought a new position in Brown & Brown in the first quarter valued at approximately $26,000. ST Germain D J Co. Inc. lifted its position in shares of Brown & Brown by 298.5% in the second quarter. ST Germain D J Co. Inc. now owns 267 shares of the financial services provider’s stock worth $30,000 after purchasing an additional 200 shares in the last quarter. Darwin Wealth Management LLC bought a new stake in shares of Brown & Brown in the second quarter worth $30,000. Optimum Investment Advisors bought a new stake in shares of Brown & Brown in the first quarter worth $31,000. Finally, SouthState Corp lifted its position in shares of Brown & Brown by 188.6% in the first quarter. SouthState Corp now owns 254 shares of the financial services provider’s stock worth $32,000 after purchasing an additional 166 shares in the last quarter. Institutional investors own 71.01% of the company’s stock.

About Representative Hoyle

Val Hoyle (Democratic Party) is a member of the U.S. House, representing Oregon’s 4th Congressional District. She assumed office on January 3, 2023. Her current term ends on January 3, 2027.

Hoyle (Democratic Party) is running for re-election to the U.S. House to represent Oregon’s 4th Congressional District. She declared candidacy for the 2026 election.

Val Hoyle was born in California and lives in Springfield, Oregon. Hoyle graduated from Merrimack High School. She earned a B.A. in political science from Emmanuel College in 1992. Her career experience includes working as a director at United Way of Lane County, a policy fellow at Wayne Morse Center for Law and Politics, and a commissioner at the Oregon Bureau of Labor and Industries. Hoyle has also worked in domestic and international sales, as well as manufacturing distribution.

About Brown & Brown

Brown & Brown, Inc is an insurance agency, wholesale brokerage, insurance program and service organization. It engages in the provision of insurance brokerage services and casualty insurance underwriting services. It operates through the following segments: Retail, National Programs, Wholesale Brokerage, and Services.