Nisa Investment Advisors LLC Drops Arthur J. Gallagher & Co. Stock

Financial Advisors

Nisa Investment Advisors LLC recently reduced its stake in Arthur J. Gallagher & Co. (NYSE:AJG) by 2.3% during the last quarter, according to a Form 13F filed with the Securities and Exchange Commission (SEC). The company owns approximately 59,469 shares of the financial services provider’s stock, and he sold 1,395 shares during this period. This is worth $11,212,000 as of December 31, 2022.

Several brokerage firms have already shared their views on AJG after examining investment firm statistics. Wells Fargo & Company raised its target price on Arthur J. Gallagher & Co. from his $215.00 to $233.00, giving it an “overweight” rating on January 27. On January 19, BMO Capital Markets began covering his AJG, issuing an “Outperform” rating and a target target price of $211.00. Citigroup also raised its target price to $228.00 to $232.00 in its research notes on Tuesday.

Piper Sandler gave Arthur J. Gallagher & Co. stock a Neutral rating, despite raising its price target from $195 to $215 in its January 27 report. rice field. The conservative target price for March 17th is $225.

Four other prominent international brokerages maintained their ratings. However, eight companies significantly outperformed buy recommendations, with one company assigning a strong buy rating to its stock.

According to Bloomberg’s recent data analysis, Arthus J. Gallagher & Co’s current consensus is a ‘reasonable buy’, and investors looking for long-term growth have great potential returns, so it’s currently out of reach. This suggests that they may wish to consider purchasing shares in AJG. It has a high reputation and is recommended by major securities companies.

On April 21, 2023, Arthus J. Gallagher & Co. began trading on the New York Stock Exchange at $207.88. The company has a market capitalization of $44.42 billion, a price/earnings ratio of 39.98, a PEG ratio of 2.09, and a beta of 0.69.

AJG’s one-year high started at $148.24 and most recently ended at $208.03. By comparison, the current ratio is 1.04 and the quick ratio matches at 1.04. Usage shows greater efficiency in dealing with potential liquidity risk, as represented by the debt-to-equity ratio, which is currently at 0.61.

Upon closer inspection, Arthur J. Gallagher & Co.’s stock has been very stable over the past few months, with an average moving price of $190 or slightly more over the last 50 days, but 2018 In 2012, it recorded about $189. Last 200 long-term trading sessions.

Given Arthur J. Gallagher & Co.’s extraordinary financial performance in recent weeks, and mindful of bankers’ structural valuations of this stock’s future potential, given its intrinsic value, we would not recommend investing now. It can be a very effective time to

Arthur J. Gallagher & Co.: Insider Sales, Institutional Interest and Analyst Ratings Affect Stock Prices

Arthur J. Gallagher & Co.: Summary of Recent Deals, Analyst Ratings and Earnings

Financial services provider Arthur J. Gallagher & Co. is making headlines with recent deals, analyst ratings, and earnings reports. The company’s shares have also attracted the attention of hedge funds and other institutional investors.

Vanguard Group Inc., Massachusetts Financial Services Co., WCM Investment Management LLC, Bank of New York Mellon Corp, and UBS Asset Management Americas Inc. are among the institutions that increased their stake in Arthur J. Gallagher & Co. . Hedge funds and other institutional investors currently own 82.07% of the company’s shares. This demonstrates a strong interest and confidence in the company’s performance and potential.

However, some insiders have sold shares in recent months. CFO Douglas K. Howell sold 2,850 shares of the company on his Friday, March 17th, and director Kay W. McCurdy sold his 182 shares on his Wednesday, February 8th. Insiders say that in the past 90 days he has sold a total of 27,783 shares worth $5,262,891.

Analysts have given Arthur J. Gallagher & Co. stock a range of valuations, mostly positive. Wells Fargo & Co. raised its price target from $215 to $233 per share and gave the company an “overweight” rating on Friday, January 27, while BMO Capital Markets rated it “out” on the same day. It began reporting with a “Perform” rating and a price target of $211. stock.

Citigroup raised its price target to $232 from $228, and Piper Sandler raised its price target to $215 from $195, but rated it “neutral” in its research report on Friday, January 27.

Royal Bank of Canada repeated its ‘outperform’ rating with a price target of $225 per share in its research report on Friday, March 17. Four research analysts rate the stock as a Hold, eight as a Buy, and one as a Strong Buy.

Arthur J. Gallagher & Co. posted better-than-expected quarterly earnings on January 26 at $1.54 per share, compared to consensus expectations of $1.50. The company made his $2 billion profit in the quarter, but sell-side analysts expect Arthur J. Gallagher & Co. to bring his earnings per share to 8.72 this fiscal year. .

Finally, the company recently announced a quarterly dividend of $0.55 per share. This is an increase from his previous $0.51 per share he paid March 3 to record shareholders on March 17.

Overall, Arthur J. Gallagher & Co.’s recent transactions show both insider sales and institutional investment in the company’s stock, with analyst assessments of the stock being positive but mixed. The company’s January quarterly earnings report exceeded expectations, and the company’s quarterly dividend to shareholders also increased. It will be interesting to see how these developments affect the future performance of the company and its popularity among investors.

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