Arthur J. Gallagher & Co. $AJG Stock Sold by Kornitzer Capital Management Inc. KS

Kornitzer Capital Management Inc. KS trimmed its position in shares of Arthur J. Gallagher & Co. (NYSE:AJG) by 1.1% during the third quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund owned 236,635 shares of the financial services provider’s stock after selling 2,591 shares during the period. Arthur J. Gallagher & Co. accounts for approximately 1.0% of Kornitzer Capital Management Inc. KS’s investment portfolio, making the stock its 23rd biggest position. Kornitzer Capital Management Inc. KS’s holdings in Arthur J. Gallagher & Co. were worth $53,979,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. Principal Financial Group Inc. lifted its stake in Arthur J. Gallagher & Co. by 14.4% in the first quarter. Principal Financial Group Inc. now owns 3,242,088 shares of the financial services provider’s stock valued at $702,182,000 after acquiring an additional 409,145 shares during the last quarter. Gtcr LLC acquired a new position in shares of Arthur J. Gallagher & Co. during the 1st quarter worth about $514,112,000. Janus Henderson Group PLC increased its stake in shares of Arthur J. Gallagher & Co. by 5.4% during the 1st quarter. Janus Henderson Group PLC now owns 1,970,990 shares of the financial services provider’s stock worth $426,887,000 after purchasing an additional 101,431 shares during the last quarter. Bank of America Corp DE raised its holdings in shares of Arthur J. Gallagher & Co. by 23.0% in the 1st quarter. Bank of America Corp DE now owns 1,854,488 shares of the financial services provider’s stock valued at $401,645,000 after purchasing an additional 346,409 shares during the period. Finally, UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC raised its holdings in shares of Arthur J. Gallagher & Co. by 0.3% in the 2nd quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC now owns 1,453,774 shares of the financial services provider’s stock valued at $333,743,000 after purchasing an additional 3,905 shares during the period. 85.53% of the stock is owned by institutional investors.

Key Stories Impacting Arthur J. Gallagher & Co.

Here are the key news stories impacting Arthur J. Gallagher & Co. this week:

• Positive Sentiment: Jefferies raised its price target to $319 from $295 and maintained a Buy rating, signaling expected upside. Jefferies analyst report
• Negative Sentiment: BMO Capital Markets lowered its rating on AJG, while Dowling & Partners cut its 2026 EPS estimate to $13.15 from $13.75. These actions may weigh on sentiment by signaling less optimism about the stock or earnings outlook. BMO rating report
• Negative Sentiment: Multiple executives sold shares: CFO Douglas Howell sold 30,996, VP William Ziebell sold 23,510, and VP Christopher Mead sold 7,590. The transactions reduced their respective holdings by about 25%–32%; insider sales can concern investors, though they do not necessarily indicate a change in the company’s outlook. Howell SEC filing Ziebell SEC filing Mead SEC filing

Analyst Upgrades and Downgrades

AJG has been the subject of several recent analyst reports. Seaport Research Partners upgraded shares of Arthur J. Gallagher & Co. to a “buy” rating in a research note on Wednesday, October 7th. Mizuho boosted their price target on Arthur J. Gallagher & Co. from $271.00 to $302.00 and gave the stock an “outperform” rating in a research report on Friday, October 30th. Cantor Fitzgerald dropped their price objective on Arthur J. Gallagher & Co. from $300.00 to $280.00 and set a “neutral” rating on the stock in a research note on Wednesday, October 7th. Wells Fargo & Company lifted their target price on Arthur J. Gallagher & Co. from $284.00 to $312.00 and gave the stock an “overweight” rating in a research note on Monday, November 2nd. Finally, BMO Capital Markets lowered Arthur J. Gallagher & Co. from an “outperform” rating to a “market perform” rating and set a $295.00 target price on the stock. in a report on Tuesday, November 3rd. Thirteen research analysts have rated the stock with a Buy rating and seven have assigned a Hold rating to the company’s stock. According to data from MarketBeat, the stock currently has a consensus rating of “Moderate Buy” and a consensus price target of $292.05.

Insider Transactions at Arthur J. Gallagher & Co.

In other news, VP Christopher E. Mead sold 7,590 shares of the business’s stock in a transaction that occurred on Monday, November 2nd. The stock was sold at an average price of $279.72, for a total transaction of $2,123,074.80. Following the completion of the sale, the vice president owned 22,287 shares in the company, valued at $6,234,119.64. The trade was a 25.40% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is available at this hyperlink. Also, General Counsel Walter D. Bay sold 12,000 shares of the company’s stock in a transaction that occurred on Monday, August 24th. The shares were sold at an average price of $270.08, for a total value of $3,240,960.00. Following the completion of the transaction, the general counsel directly owned 71,292 shares in the company, valued at $19,254,543.36. The trade was a 14.41% decrease in their position. The SEC filing for this sale provides additional information. Over the last 90 days, insiders sold 90,596 shares of company stock worth $24,953,010. 1.40% of the stock is currently owned by insiders.

Arthur J. Gallagher & Co. Price Performance

NYSE:AJG opened at $281.19 on Friday. The company has a market cap of $72.07 billion, a P/E ratio of 43.00, a P/E/G ratio of 1.62 and a beta of 0.47. The firm’s fifty day moving average price is $250.04 and its two-hundred day moving average price is $233.19. Arthur J. Gallagher & Co. has a one year low of $190.75 and a one year high of $294.53. The company has a debt-to-equity ratio of 0.49, a current ratio of 1.05 and a quick ratio of 1.05.

Arthur J. Gallagher & Co. (NYSE:AJG) last posted its earnings results on Thursday, October 29th. The financial services provider reported $3.00 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $2.99 by $0.01. The company had revenue of $3.92 billion during the quarter, compared to analysts’ expectations of $3.98 billion. Arthur J. Gallagher & Co. had a net margin of 10.39% and a return on equity of 13.90%. Arthur J. Gallagher & Co.’s quarterly revenue was up 19.6% compared to the same quarter last year. During the same quarter last year, the company posted $2.32 EPS. Equities analysts expect that Arthur J. Gallagher & Co. will post 13.13 earnings per share for the current year.

Arthur J. Gallagher & Co. Announces Dividend

The business also recently declared a quarterly dividend, which will be paid on Friday, December 18th. Shareholders of record on Monday, December 7th will be issued a $0.70 dividend. This represents a $2.80 annualized dividend and a yield of 1.0%. The ex-dividend date of this dividend is Monday, December 7th. Arthur J. Gallagher & Co.’s dividend payout ratio is currently 42.81%.

Arthur J. Gallagher & Co. Company Profile

Arthur J. Gallagher & Co is a global insurance brokerage and risk management services firm. It helps businesses and other organizations assess and manage risk, arrange insurance coverage, and address employee benefits needs.

The company’s services include insurance brokerage, risk management consulting, employee benefits consulting, and claims and settlement services through its Gallagher Bassett business. It serves clients in the United States and internationally, including through a network of correspondent brokers.

Founded in 1927 by Arthur J.