U.S. Capital Wealth Advisors LLC Has $1.68 Million Holdings in Arthur J. Gallagher & Co. (NYSE:AJG)

U.S. Capital Wealth Advisors LLC lifted its position in shares of Arthur J. Gallagher & Co. (NYSE:AJG) by 2.9% during the 4th quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 7,457 shares of the financial services provider’s stock after acquiring an additional 212 shares during the quarter. U.S. Capital Wealth Advisors LLC’s holdings in Arthur J. Gallagher & Co. were worth $1,677,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds have also bought and sold shares of the company. Beaird Harris Wealth Management LLC increased its stake in shares of Arthur J. Gallagher & Co. by 175.6% in the third quarter. Beaird Harris Wealth Management LLC now owns 113 shares of the financial services provider’s stock valued at $26,000 after buying an additional 72 shares during the period. Annis Gardner Whiting Capital Advisors LLC acquired a new position in shares of Arthur J. Gallagher & Co. during the third quarter worth $28,000. SJS Investment Consulting Inc. grew its stake in shares of Arthur J. Gallagher & Co. by 460.9% in the fourth quarter. SJS Investment Consulting Inc. now owns 129 shares of the financial services provider’s stock worth $29,000 after purchasing an additional 106 shares during the last quarter. Ruedi Wealth Management Inc. acquired a new stake in Arthur J. Gallagher & Co. in the fourth quarter valued at $33,000. Finally, Milestone Investment Advisors LLC bought a new position in Arthur J. Gallagher & Co. during the 3rd quarter worth $45,000. Institutional investors and hedge funds own 85.53% of the company’s stock.

Arthur J. Gallagher & Co. Stock Up 0.1 %

Arthur J. Gallagher & Co. stock traded up $0.18 during mid-day trading on Friday, reaching $238.72. The stock had a trading volume of 545,286 shares, compared to its average volume of 839,971. The firm has a market capitalization of $52.16 billion, a PE ratio of 48.32, a price-to-earnings-growth ratio of 2.23 and a beta of 0.69. Arthur J. Gallagher & Co. has a fifty-two week low of $198.52 and a fifty-two week high of $256.10. The stock’s 50-day simple moving average is $243.70 and its 200-day simple moving average is $239.01. The company has a debt-to-equity ratio of 0.70, a quick ratio of 1.03 and a current ratio of 1.05.

Arthur J. Gallagher & Co. (NYSE:AJG) last posted its quarterly earnings results on Thursday, April 25th. The financial services provider reported $3.49 earnings per share (EPS) for the quarter, beating the consensus estimate of $3.41 by $0.08. Arthur J. Gallagher & Co. had a net margin of 10.27% and a return on equity of 18.94%. The business had revenue of $3.22 billion during the quarter, compared to the consensus estimate of $3.18 billion. During the same quarter last year, the firm posted $3.03 EPS. Arthur J. Gallagher & Co.’s revenue was up 20.4% compared to the same quarter last year. On average, sell-side analysts forecast that Arthur J. Gallagher & Co. will post 10.08 EPS for the current fiscal year.

Arthur J. Gallagher & Co. Announces Dividend

The firm also recently announced a quarterly dividend, which will be paid on Friday, June 21st. Investors of record on Friday, June 7th will be issued a $0.60 dividend. The ex-dividend date of this dividend is Friday, June 7th. This represents a $2.40 dividend on an annualized basis and a dividend yield of 1.01%. Arthur J. Gallagher & Co.’s dividend payout ratio is presently 48.58%.

Insider Activity at Arthur J. Gallagher & Co.

In other news, Director David S. Johnson sold 500 shares of the stock in a transaction that occurred on Tuesday, February 6th. The stock was sold at an average price of $234.04, for a total value of $117,020.00. Following the completion of the sale, the director now directly owns 45,038 shares of the company’s stock, valued at $10,540,693.52. The sale was disclosed in a document filed with the SEC, which is accessible through the SEC website. In other news, Director David S. Johnson sold 500 shares of the stock in a transaction dated Tuesday, February 6th. The shares were sold at an average price of $234.04, for a total value of $117,020.00. Following the completion of the sale, the director now owns 45,038 shares in the company, valued at $10,540,693.52. The sale was disclosed in a filing with the SEC, which is accessible through the SEC website. Also, VP Scott R. Hudson sold 15,000 shares of the business’s stock in a transaction dated Tuesday, March 12th. The stock was sold at an average price of $255.06, for a total transaction of $3,825,900.00. Following the transaction, the vice president now owns 96,709 shares in the company, valued at $24,666,597.54. The disclosure for this sale can be found here. In the last quarter, insiders have sold 29,016 shares of company stock valued at $7,176,180. 1.60% of the stock is owned by corporate insiders.

Wall Street Analyst Weigh In

Several analysts recently commented on the company. Royal Bank of Canada upped their target price on Arthur J. Gallagher & Co. from $270.00 to $282.00 and gave the company an “outperform” rating in a report on Friday, March 22nd. Keefe, Bruyette & Woods decreased their price objective on shares of Arthur J. Gallagher & Co. from $246.00 to $240.00 and set an “underperform” rating for the company in a research report on Wednesday, April 10th. Piper Sandler dropped their target price on shares of Arthur J. Gallagher & Co. from $253.00 to $252.00 and set a “neutral” rating on the stock in a report on Monday, April 29th. TD Cowen upped their price target on shares of Arthur J. Gallagher & Co. from $249.00 to $273.00 and gave the company a “hold” rating in a research report on Tuesday, April 2nd. Finally, Jefferies Financial Group lowered Arthur J. Gallagher & Co. from a “buy” rating to a “hold” rating and lowered their price objective for the stock from $279.00 to $233.00 in a research report on Tuesday, January 9th. One investment analyst has rated the stock with a sell rating, six have issued a hold rating and five have given a buy rating to the company’s stock. According to MarketBeat, Arthur J. Gallagher & Co. presently has an average rating of “Hold” and an average price target of $255.31.

Arthur J. Gallagher & Co. Profile

Arthur J. Gallagher & Co, together with its subsidiaries, provides insurance and reinsurance brokerage, consulting, and third-party property/casualty claims settlement and administration services to entities and individuals worldwide. It operates in Brokerage and Risk Management segments. The Brokerage segment offers retail and wholesale insurance and reinsurance brokerage services; assists retail brokers and other non-affiliated brokers in the placement of specialized and hard-to-place insurance; and acts as a brokerage wholesaler, managing general agent, and managing general underwriter for distributing specialized insurance coverages to underwriting enterprises.