Arthur J. Gallagher & Co. has been the recipient of several
strategic acquisitions and financial gains, receiving an average
'Hold' rating from analysts. Likewise, the company has seen
implied volatility in stock options and continues to expand, notably in
Ireland. It
boosted its real estate insurance suite, achieved new 1-year high in stock price, and shows prospects of further growth.
Acquisitions include the likes of CCI Surety, Hughes Insurance Agency, Prasidium Credit Insurance, Wrightway Underwriting Limited, and Simply-Communicate Ltd. These purchases have allowed the company to
expand its services and reach, bringing value to the firm and its shareholders. However, there has been some internal financial dealings with the VP and the General Counsel selling shares. Regardless of these sell-offs, the company's Q1 earnings
surpassed estimates, leading to a robust growth in Q4 and full Year 2023 earnings. Despite criticisms on expensive stock prices and recent insider selling, the company remains favored by
institutional owners
Arthur J Gallagher AJG News Analytics from Thu, 05 Oct 2023 07:00:00 GMT to Sun, 23 Jun 2024 12:46:24 GMT -
Rating 6
- Innovation 5
- Information 7
- Rumor -2
