What is DOWLING & PARTN’s Estimate for AJG FY2028 Earnings?

Arthur J. Gallagher & Co. (NYSE:AJG) – Analysts at DOWLING & PARTN issued their FY2028 EPS estimates for Arthur J. Gallagher & Co. in a research note issued on Friday, August 14th. DOWLING & PARTN analyst J. Christiana expects that the financial services provider will post earnings per share of $17.50 for the year. The consensus estimate for Arthur J. Gallagher & Co.’s current full-year earnings is $13.28 per share.

Arthur J. Gallagher & Co. (NYSE:AJG) last released its quarterly earnings data on Thursday, July 30th. The financial services provider reported $2.84 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $2.81 by $0.03. The company had revenue of $3.95 billion for the quarter, compared to analysts’ expectations of $4.01 billion. Arthur J. Gallagher & Co. had a net margin of 9.96% and a return on equity of 13.28%. The business’s revenue was up 24.3% on a year-over-year basis. During the same quarter in the prior year, the firm earned $2.33 EPS.

Several other research firms also recently commented on AJG. Wells Fargo & Company decreased their price objective on Arthur J. Gallagher & Co. from $299.00 to $296.00 and set an “overweight” rating for the company in a report on Monday, August 3rd. Cantor Fitzgerald increased their target price on Arthur J. Gallagher & Co. from $285.00 to $300.00 and gave the stock a “neutral” rating in a report on Thursday, July 9th. Weiss Ratings raised shares of Arthur J. Gallagher & Co. from a “hold (c-)” rating to a “hold (c)” rating in a research report on Monday, July 13th. Argus upped their price objective on shares of Arthur J. Gallagher & Co. from $267.00 to $300.00 and gave the stock a “buy” rating in a report on Monday. Finally, Piper Sandler raised their price objective on shares of Arthur J. Gallagher & Co. from $276.00 to $287.00 and gave the company an “overweight” rating in a research note on Friday, July 31st. Fourteen equities research analysts have rated the stock with a Buy rating and five have assigned a Hold rating to the company’s stock. According to data from MarketBeat, the company has an average rating of “Moderate Buy” and an average target price of $289.17.

Arthur J. Gallagher & Co. Stock Down 1.5%

AJG stock opened at $247.38 on Tuesday. The stock’s 50 day simple moving average is $241.46 and its 200 day simple moving average is $224.57. The company has a market cap of $63.40 billion, a P/E ratio of 41.02, a price-to-earnings-growth ratio of 1.29 and a beta of 0.50. The company has a debt-to-equity ratio of 0.50, a quick ratio of 1.05 and a current ratio of 1.05. Arthur J. Gallagher & Co. has a fifty-two week low of $190.75 and a fifty-two week high of $313.55.

Arthur J. Gallagher & Co. Announces Dividend

The firm also recently announced a quarterly dividend, which will be paid on Friday, September 18th. Stockholders of record on Tuesday, September 8th will be paid a $0.70 dividend. This represents a $2.80 dividend on an annualized basis and a dividend yield of 1.1%. The ex-dividend date is Tuesday, September 8th. Arthur J. Gallagher & Co.’s payout ratio is presently 46.43%.

Insider Activity

In related news, CAO Richard C. Cary sold 3,000 shares of the stock in a transaction that occurred on Tuesday, June 2nd. The stock was sold at an average price of $206.00, for a total transaction of $618,000.00. Following the completion of the sale, the chief accounting officer directly owned 47,819 shares of the company’s stock, valued at approximately $9,850,714. This trade represents a 5.90% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which can be accessed through this link. 1.40% of the stock is currently owned by corporate insiders.

Institutional Inflows and Outflows

Several hedge funds and other institutional investors have recently bought and sold shares of the business. Vanguard Group Inc. grew its stake in Arthur J. Gallagher & Co. by 0.7% in the 4th quarter. Vanguard Group Inc. now owns 31,390,446 shares of the financial services provider’s stock valued at $8,123,534,000 after purchasing an additional 217,136 shares during the period. Capital World Investors raised its stake in shares of Arthur J. Gallagher & Co. by 7.0% during the 4th quarter. Capital World Investors now owns 12,613,371 shares of the financial services provider’s stock worth $3,264,359,000 after purchasing an additional 830,252 shares during the period. State Street Corp boosted its holdings in shares of Arthur J. Gallagher & Co. by 0.6% in the 4th quarter. State Street Corp now owns 10,953,598 shares of the financial services provider’s stock worth $2,834,682,000 after buying an additional 62,518 shares during the last quarter. Norges Bank bought a new position in Arthur J. Gallagher & Co. during the fourth quarter valued at about $1,925,062,000. Finally, T. Rowe Price Investment Management Inc. boosted its stake in Arthur J. Gallagher & Co. by 123.5% in the fourth quarter. T. Rowe Price Investment Management Inc. now owns 5,887,538 shares of the financial services provider’s stock valued at $1,523,636,000 after acquiring an additional 3,253,498 shares during the last quarter. Hedge funds and other institutional investors own 85.53% of the company’s stock.

Arthur J. Gallagher & Co. Company Profile

Arthur J. Gallagher & Co is a global insurance brokerage and risk management firm headquartered in Rolling Meadows, Illinois. Founded in 1927 by Arthur J. Gallagher, the company has grown from a regional broker into an international professional services organization that arranges insurance, provides consulting and designs risk-transfer solutions for commercial, industrial, public sector and individual clients.

The company’s core activities include property and casualty insurance brokerage, employee benefits consulting and administration, and a range of risk management services.