Arthur J. Gallagher & Co. (AJG) has exhibited promising stock performance and has been regarded as one of the most reliable insurance stocks to invest in. AJG has been on a significant acquisition spree, strengthening its foothold in numerous regions like Southwest, Pacific, Canada, Philippines, and Latin America. It has acquired various companies including Litchfield, Woodruff Sawyer, Philinsure, RMA General Limited, Case Group, Agilis Partners LLC, W K Webster & Co Ltd, Afina Insurance Advisors, Inc., and many more.
One of the remarkable deals is the acquisition of AssuredPartners in a record-breaking $13.45B insurance deal, making AJG's massive $8.5B stock offering as part of the deal. However, the deal has been subjected to regulatory review and may be reshaped.
AJG's Q4 earnings and revenues have topped estimates, supported by higher commissions and fees. The price target for AJG has been raised multiple times, reaching up to $388 from TD Cowen. AJG's upcoming investor meeting is eagerly anticipated for strategic updates and market vision.
Arthur J Gallagher AJG News Analytics from Thu, 29 Aug 2024 07:00:00 GMT to Thu, 27 Mar 2025 13:20:30 GMT -
Rating 8
- Innovation 6
- Information 7
- Rumor 2
