Representative April McClain Delaney (Democratic-Maryland) recently sold shares of Brown & Brown, Inc. (NYSE:BRO). In a filing disclosed on September 09th, the Representative disclosed that they had sold between $100,001 and $250,000 in Brown & Brown stock on August 25th.
Representative April McClain Delaney also recently made the following trade(s):
- Sold $100,001 – $250,000 in shares of Wabtec (NYSE:WAB) on 8/25/2026.
- Sold $100,001 – $250,000 in shares of Viking (NYSE:VIK) on 8/25/2026.
- Sold $100,001 – $250,000 in shares of Trimble (NASDAQ:TRMB) on 8/25/2026.
- Sold $100,001 – $250,000 in shares of Transdigm Group (NYSE:TDG) on 8/25/2026.
- Sold $15,001 – $50,000 in shares of Tractor Supply (NASDAQ:TSCO) on 8/25/2026.
- Sold $15,001 – $50,000 in shares of Middleby (NASDAQ:MIDD) on 8/25/2026.
- Sold $15,001 – $50,000 in shares of Teledyne Technologies (NYSE:TDY) on 8/25/2026.
- Sold $100,001 – $250,000 in shares of STERIS (NYSE:STE) on 8/25/2026.
- Sold $100,001 – $250,000 in shares of Somnigroup International (NYSE:SGI) on 8/25/2026.
- Sold $100,001 – $250,000 in shares of Signet Jewelers (NYSE:SIG) on 8/25/2026.
Brown & Brown Stock Down 0.1%
Brown & Brown stock opened at $66.28 on Friday. Brown & Brown, Inc. has a twelve month low of $53.81 and a twelve month high of $96.55. The stock has a 50 day moving average of $70.20 and a two-hundred day moving average of $65.88. The company has a current ratio of 2.11, a quick ratio of 2.11 and a debt-to-equity ratio of 0.58. The stock has a market capitalization of $22.18 billion, a price-to-earnings ratio of 20.91, a PEG ratio of 2.04 and a beta of 0.58.
Brown & Brown Announces Dividend
The business also recently disclosed a quarterly dividend, which was paid on Wednesday, August 19th. Shareholders of record on Wednesday, August 12th were paid a dividend of $0.165 per share. The ex-dividend date of this dividend was Wednesday, August 12th. This represents a $0.66 annualized dividend and a yield of 1.0%. Brown & Brown’s dividend payout ratio is currently 20.82%.
Institutional Investors Weigh In On Brown & Brown
Large investors have recently added to or reduced their stakes in the business. California State Teachers Retirement System raised its position in Brown & Brown by 7,957.4% during the second quarter. California State Teachers Retirement System now owns 27,128,907 shares of the financial services provider’s stock worth $1,740,319,000 after acquiring an additional 26,792,212 shares during the last quarter. BlackRock Inc. acquired a new position in shares of Brown & Brown during the 2nd quarter worth approximately $1,418,571,000. Capital World Investors lifted its stake in Brown & Brown by 2.3% in the 4th quarter. Capital World Investors now owns 17,886,395 shares of the financial services provider’s stock valued at $1,425,546,000 after buying an additional 407,006 shares in the last quarter. Principal Financial Group Inc. grew its holdings in Brown & Brown by 1.6% during the 1st quarter. Principal Financial Group Inc. now owns 15,608,720 shares of the financial services provider’s stock valued at $1,017,847,000 after buying an additional 246,172 shares during the last quarter. Finally, State Street Corp grew its holdings in Brown & Brown by 2.2% during the 4th quarter. State Street Corp now owns 13,403,814 shares of the financial services provider’s stock valued at $1,068,284,000 after buying an additional 282,988 shares during the last quarter. 71.01% of the stock is owned by institutional investors and hedge funds.
Analysts Set New Price Targets
BRO has been the topic of a number of analyst reports. Citigroup lowered Brown & Brown from an “outperform” rating to a “neutral” rating and lifted their price objective for the company from $70.00 to $79.00 in a report on Wednesday, July 29th. Jefferies Financial Group reissued a “hold” rating on shares of Brown & Brown in a report on Wednesday, July 29th. UBS Group reaffirmed a “neutral” rating and set a $73.00 price objective (up from $65.00) on shares of Brown & Brown in a report on Wednesday, July 8th. Mizuho raised their target price on Brown & Brown from $81.00 to $86.00 and gave the company an “outperform” rating in a report on Wednesday, July 29th. Finally, Citizens Jmp boosted their target price on shares of Brown & Brown from $70.00 to $78.00 and gave the stock a “market outperform” rating in a research report on Friday, July 10th. Four research analysts have rated the stock with a Buy rating, fourteen have given a Hold rating and one has assigned a Sell rating to the company’s stock. According to MarketBeat, the company currently has an average rating of “Hold” and an average price target of $76.80.
About Representative McClain Delaney
April McClain-Delaney (Democratic Party) is a member of the U.S. House, representing Maryland’s 6th Congressional District. She assumed office on January 3, 2025. Her current term ends on January 3, 2027.
McClain-Delaney (Democratic Party) is running for re-election to the U.S. House to represent Maryland’s 6th Congressional District. She declared candidacy for the 2026 election.
April McClain-Delaney grew up in Buhl, Idaho, where her father was a potato farmer. She obtained her bachelor’s degree in communications from Northwestern University in 1986 and her law degree from Georgetown Law Center in 1989. McClain-Delaney worked in communications law, first with the satellite firm Orion Network Systems and later as the Washington director for Common Sense Media, a nonprofit focused on technology and children. In 2022, McClain-Delaney joined the U.S. Department of Commerce under President Joe Biden (D) as deputy assistant secretary for communications and information. McClain-Delaney served on the board of the Georgetown University Law Center, the International Center for Research on Women, and the Northwestern University School of Communications.
About Brown & Brown
Brown & Brown, Inc is an independent insurance brokerage and risk management company headquartered in Daytona Beach, Florida. The company helps businesses, public entities and individuals identify, manage and transfer risk by providing insurance products and related advisory services.
Its offerings include property and casualty insurance, employee benefits, personal insurance, surety products, risk management services and specialty insurance programs. Brown & Brown also operates wholesale brokerage and managing general agency businesses, which provide specialized coverage and market access to retail insurance agents and brokers.
Founded in 1939 by J.
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