Argus Upgrades Brown & Brown (NYSE:BRO) to “Hold”

Brown & Brown (NYSE:BRO) was upgraded by equities researchers at Argus to a “hold” rating in a report issued on Tuesday,Zacks.com reports.

A number of other research firms also recently weighed in on BRO. Wolfe Research initiated coverage on Brown & Brown in a research report on Thursday, November 20th. They set a “peer perform” rating for the company. Mizuho cut their target price on shares of Brown & Brown from $90.00 to $84.00 and set a “neutral” rating on the stock in a research note on Wednesday. Weiss Ratings reissued a “hold (c)” rating on shares of Brown & Brown in a research report on Monday, December 29th. Wells Fargo & Company dropped their price target on Brown & Brown from $84.00 to $82.00 and set an “equal weight” rating for the company in a research report on Wednesday. Finally, Truist Financial dropped their price target on shares of Brown & Brown from $105.00 to $100.00 and set a “buy” rating for the company in a research report on Wednesday. Three research analysts have rated the stock with a Buy rating, fourteen have assigned a Hold rating and one has given a Sell rating to the company’s stock. Based on data from MarketBeat, the stock currently has a consensus rating of “Hold” and a consensus price target of $93.93.

Brown & Brown Price Performance

Shares of NYSE:BRO opened at $72.14 on Tuesday. The company has a quick ratio of 2.10, a current ratio of 1.67 and a debt-to-equity ratio of 0.55. Brown & Brown has a twelve month low of $71.81 and a twelve month high of $125.68. The business has a 50 day moving average price of $79.61 and a 200 day moving average price of $87.77. The company has a market cap of $24.63 billion, a price-to-earnings ratio of 22.54, a PEG ratio of 1.74 and a beta of 0.81.

Brown & Brown (NYSE:BRO) last announced its quarterly earnings data on Monday, January 26th. The financial services provider reported $0.93 earnings per share for the quarter, topping the consensus estimate of $0.91 by $0.02. Brown & Brown had a return on equity of 12.93% and a net margin of 17.84%.The company had revenue of $1.61 billion for the quarter, compared to analyst estimates of $1.65 billion. During the same quarter last year, the firm earned $0.86 EPS. Brown & Brown’s revenue for the quarter was up 35.7% compared to the same quarter last year. Research analysts predict that Brown & Brown will post 4.18 earnings per share for the current year.

Institutional Inflows and Outflows

A number of hedge funds and other institutional investors have recently added to or reduced their stakes in the company. Capital World Investors grew its holdings in shares of Brown & Brown by 81.1% in the third quarter. Capital World Investors now owns 17,479,389 shares of the financial services provider’s stock valued at $1,639,392,000 after purchasing an additional 7,827,992 shares during the period. Vanguard Group Inc. grew its position in shares of Brown & Brown by 16.8% in the 2nd quarter. Vanguard Group Inc. now owns 35,625,322 shares of the financial services provider’s stock valued at $3,949,779,000 after buying an additional 5,124,203 shares during the last quarter. Norges Bank purchased a new stake in Brown & Brown in the second quarter valued at approximately $433,740,000. Principal Financial Group Inc. increased its position in Brown & Brown by 13.4% in the 3rd quarter. Principal Financial Group Inc. now owns 15,416,190 shares of the financial services provider’s stock valued at $1,445,888,000 after acquiring an additional 1,821,229 shares during the period. Finally, Boston Partners purchased a new stake in shares of Brown & Brown in the second quarter valued at about $171,163,000. Hedge funds and other institutional investors own 71.01% of the company’s stock.

Key Stories Impacting Brown & Brown

Here are the key news stories impacting Brown & Brown this week:

• Positive Sentiment: Management raised its 2026 margin target to 32%–37% and projected $30M–$40M of synergies from the Accession integration, which supports medium-term margin improvement. Read More.
• Positive Sentiment: Q4 results included an EPS beat and stronger investment income, helping adjusted profitability metrics despite lower organic revenue — a reason some investors may view the pullback as opportunistic. Read More.
• Neutral Sentiment: Earnings call and transcripts/presentations are available for deeper review of guidance and margin drivers if you want to dig into management’s commentary. Read More.
• Neutral Sentiment: Some analysts cut targets but kept constructive stances; Truist trimmed its target but maintained a “buy” rating, signaling differing views across the sell side. Read More.
• Negative Sentiment: Multiple firms lowered price targets and moved to neutral/equal-weight: Bank of America to $90, Jefferies to $84 (hold), Mizuho to $84 (neutral), Wells Fargo to $82 (equal weight), Barclays to $82 (equal weight). These coordinated cuts have put downward pressure on the stock. Read More.
• Negative Sentiment: Market reaction: shares dropped after the Q4 revenue miss and the analyst downgrades, with coverage noting the stock hit a new 12‑month low following the analyst moves. Read More.
• Negative Sentiment: Another article highlights the fresh 12‑month low and investor concern following the analyst downgrade wave. Read More.
• Negative Sentiment: Bank of America specifically cut its target and shifted to neutral — a notable large‑bank signal that likely contributed to the near-term selloff. Read More.

About Brown & Brown

Brown & Brown, Inc (NYSE: BRO) is a professional insurance brokerage and risk advisory firm that provides a broad range of property and casualty, employee benefits, personal risk, and specialty insurance products. The company works with commercial, public sector and individual clients to design and place insurance programs, manage claims and loss control, and deliver risk management consulting. Its services also include wholesale brokerage, program administration and other specialty distribution solutions that connect carriers and intermediaries to niche markets.

Brown & Brown operates through a decentralized model of operating units and subsidiaries, enabling local client service with the scale to access national and specialty markets.