Arthur J. Gallagher & Co. (AJG) has seen numerous activities recently. Their stock price has shown strong
momentum and has been
increased to
$255.00 by analysts at Bank of America, contributing to the company's stock setting a new
52-week high following an analyst
upgrade. Strategic acquisitions are bolstering the company's portfolio, with
CCI Surety, WLA Insurance, Hughes Insurance Agency, and Simply-Communicate Ltd among recent buyouts. AJG's
Q1 earnings outperformed estimates, showing a year-over-year improvement. The growth of AJG’s stock is also highlighted by a
15-22% rise YTD. However, there has been noted insider selling, with numerous executives and directors offloading shares. The firm’s
Dividend is on the rise, increasing to
$0.60. AJG's full-year 2023 earnings showed robust growth, albeit EPS missing expectations. Lastly, AJG and Cadence Bank have established an agreement for the sale of Cadence Insurance.
Arthur J Gallagher AJG News Analytics from Mon, 18 Sep 2023 07:00:00 GMT to Sun, 26 May 2024 09:39:08 GMT -
Rating 6
- Innovation -1
- Information 8
- Rumor 3
