Kornitzer Capital Management Inc. KS Sells 2,591 Shares of Arthur J. Gallagher & Co. $AJG

Kornitzer Capital Management Inc. KS trimmed its holdings in Arthur J. Gallagher & Co. (NYSE:AJG) by 1.1% in the third quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 236,635 shares of the financial services provider’s stock after selling 2,591 shares during the period. Arthur J. Gallagher & Co. comprises about 1.0% of Kornitzer Capital Management Inc. KS’s investment portfolio, making the stock its 23rd largest holding. Kornitzer Capital Management Inc. KS owned about 0.09% of Arthur J. Gallagher & Co. worth $53,979,000 at the end of the most recent quarter.

Several other large investors also recently modified their holdings of the business. Parkside Financial Bank & Trust lifted its holdings in shares of Arthur J. Gallagher & Co. by 4.9% during the 2nd quarter. Parkside Financial Bank & Trust now owns 811 shares of the financial services provider’s stock valued at $186,000 after purchasing an additional 38 shares in the last quarter. Sowell Financial Services LLC increased its stake in Arthur J. Gallagher & Co. by 3.4% during the 3rd quarter. Sowell Financial Services LLC now owns 1,157 shares of the financial services provider’s stock worth $264,000 after purchasing an additional 38 shares in the last quarter. MGO One Seven LLC increased its stake in Arthur J. Gallagher & Co. by 0.6% during the 3rd quarter. MGO One Seven LLC now owns 6,989 shares of the financial services provider’s stock worth $1,594,000 after purchasing an additional 39 shares in the last quarter. Conning Inc. raised its holdings in Arthur J. Gallagher & Co. by 4.4% during the 3rd quarter. Conning Inc. now owns 981 shares of the financial services provider’s stock worth $224,000 after buying an additional 41 shares during the period. Finally, Archford Capital Strategies LLC raised its holdings in Arthur J. Gallagher & Co. by 2.4% during the 2nd quarter. Archford Capital Strategies LLC now owns 1,871 shares of the financial services provider’s stock worth $430,000 after buying an additional 43 shares during the period. 85.53% of the stock is currently owned by institutional investors.

Arthur J. Gallagher & Co. Price Performance

NYSE AJG opened at $281.19 on Friday. The company has a quick ratio of 1.05, a current ratio of 1.05 and a debt-to-equity ratio of 0.49. Arthur J. Gallagher & Co. has a 12-month low of $190.75 and a 12-month high of $294.53. The company has a market capitalization of $72.07 billion, a PE ratio of 43.00, a price-to-earnings-growth ratio of 1.62 and a beta of 0.47. The firm’s 50 day moving average is $250.04 and its 200-day moving average is $233.19.

Arthur J. Gallagher & Co. (NYSE:AJG) last announced its quarterly earnings data on Thursday, October 29th. The financial services provider reported $3.00 EPS for the quarter, topping analysts’ consensus estimates of $2.99 by $0.01. Arthur J. Gallagher & Co. had a net margin of 10.39% and a return on equity of 13.90%. The business had revenue of $3.92 billion for the quarter, compared to analyst estimates of $3.98 billion. During the same quarter in the previous year, the firm posted $2.32 earnings per share. The firm’s revenue for the quarter was up 19.6% on a year-over-year basis. Equities research analysts anticipate that Arthur J. Gallagher & Co. will post 13.13 earnings per share for the current fiscal year.

Arthur J. Gallagher & Co. Dividend Announcement

The firm also recently declared a quarterly dividend, which will be paid on Friday, December 18th. Shareholders of record on Monday, December 7th will be paid a $0.70 dividend. This represents a $2.80 annualized dividend and a yield of 1.0%. The ex-dividend date is Monday, December 7th. Arthur J. Gallagher & Co.’s payout ratio is presently 42.81%.

Key Arthur J. Gallagher & Co. News

Here are the key news stories impacting Arthur J. Gallagher & Co. this week:

• Positive Sentiment: Jefferies raised its price target to $319 from $295 and maintained a Buy rating, signaling expected upside. Jefferies analyst report
• Negative Sentiment: BMO Capital Markets lowered its rating on AJG, while Dowling & Partners cut its 2026 EPS estimate to $13.15 from $13.75. These actions may weigh on sentiment by signaling less optimism about the stock or earnings outlook. BMO rating report
• Negative Sentiment: Multiple executives sold shares: CFO Douglas Howell sold 30,996, VP William Ziebell sold 23,510, and VP Christopher Mead sold 7,590. The transactions reduced their respective holdings by about 25%–32%; insider sales can concern investors, though they do not necessarily indicate a change in the company’s outlook. Howell SEC filing Ziebell SEC filing Mead SEC filing

Analyst Ratings Changes

AJG has been the subject of several research analyst reports. Royal Bank Of Canada upped their price target on shares of Arthur J. Gallagher & Co. from $290.00 to $315.00 and gave the company an “outperform” rating in a report on Friday, October 30th. BMO Capital Markets lowered shares of Arthur J. Gallagher & Co. from an “outperform” rating to a “market perform” rating and set a $295.00 price objective on the stock. in a report on Tuesday, November 3rd. The Goldman Sachs Group reaffirmed a “buy” rating and issued a $296.00 price objective on shares of Arthur J. Gallagher & Co. in a research report on Friday, October 30th. Wells Fargo & Company upped their target price on shares of Arthur J. Gallagher & Co. from $284.00 to $312.00 and gave the stock an “overweight” rating in a research note on Monday, November 2nd. Finally, Jefferies Financial Group increased their target price on Arthur J. Gallagher & Co. from $295.00 to $319.00 and gave the stock a “buy” rating in a report on Tuesday, November 3rd. Thirteen equities research analysts have rated the stock with a Buy rating and seven have assigned a Hold rating to the company. Based on data from MarketBeat, the company presently has an average rating of “Moderate Buy” and a consensus target price of $292.05.

Insider Activity

In other news, CFO Douglas K. Howell sold 30,996 shares of the firm’s stock in a transaction dated Monday, November 2nd. The stock was sold at an average price of $275.15, for a total value of $8,528,549.40. Following the completion of the transaction, the chief financial officer owned 92,961 shares in the company, valued at $25,578,219.15. This trade represents a 25.01% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. Also, VP Christopher E. Mead sold 7,590 shares of the firm’s stock in a transaction dated Monday, November 2nd. The shares were sold at an average price of $279.72, for a total value of $2,123,074.80. Following the completion of the transaction, the vice president owned 22,287 shares of the company’s stock, valued at $6,234,119.64. The trade was a 25.40% decrease in their position. The disclosure for this sale is available in the SEC filing. Over the last ninety days, insiders sold 90,596 shares of company stock worth $24,953,010. 1.40% of the stock is currently owned by company insiders.

Arthur J. Gallagher & Co. Company Profile

Arthur J. Gallagher & Co is a global insurance brokerage and risk management services firm. It helps businesses and other organizations assess and manage risk, arrange insurance coverage, and address employee benefits needs.

The company’s services include insurance brokerage, risk management consulting, employee benefits consulting, and claims and settlement services through its Gallagher Bassett business. It serves clients in the United States and internationally, including through a network of correspondent brokers.

Founded in 1927 by Arthur J.