News coverage about Arthur J. Gallagher & Co. (NYSE:AJG) has been trending somewhat positive recently, Accern Sentiment Analysis reports. The research firm identifies positive and negative press coverage by monitoring more than twenty million blog and news sources in real-time. Accern ranks coverage of companies on a scale of negative one to positive one, with scores nearest to one being the most favorable. Arthur J. Gallagher & Co. earned a daily sentiment score of 0.11 on Accern’s scale. Accern also gave press coverage about the financial services provider an impact score of 46.8466294025511 out of 100, indicating that recent press coverage is somewhat unlikely to have an impact on the company’s share price in the immediate future.

Here are some of the news stories that may have impacted Accern Sentiment’s analysis:

Arthur J. Gallagher & Co. (AJG) opened at 58.72 on Wednesday. The firm has a 50-day moving average price of $58.11 and a 200 day moving average price of $56.75. The stock has a market cap of $10.58 billion, a PE ratio of 23.68 and a beta of 1.19. Arthur J. Gallagher & Co. has a 52-week low of $47.16 and a 52-week high of $59.64.

Arthur J. Gallagher & Co. (NYSE:AJG) last posted its earnings results on Thursday, July 27th. The financial services provider reported $1.03 EPS for the quarter, topping the Zacks’ consensus estimate of $1.02 by $0.01. The business had revenue of $1.56 billion during the quarter, compared to analyst estimates of $1.54 billion. Arthur J. Gallagher & Co. had a return on equity of 13.68% and a net margin of 7.62%. The company’s quarterly revenue was up 9.6% compared to the same quarter last year. During the same quarter last year, the company earned $0.96 EPS. On average, analysts forecast that Arthur J. Gallagher & Co. will post $3.00 earnings per share for the current fiscal year.

The firm also recently announced a quarterly dividend, which will be paid on Friday, September 15th. Shareholders of record on Friday, September 1st will be issued a $0.39 dividend. This represents a $1.56 dividend on an annualized basis and a dividend yield of 2.66%. The ex-dividend date of this dividend is Wednesday, August 30th. Arthur J. Gallagher & Co.’s payout ratio is 62.90%.

Several brokerages recently issued reports on AJG. Zacks Investment Research upgraded Arthur J. Gallagher & Co. from a “sell” rating to a “hold” rating in a report on Wednesday, August 2nd. Citigroup Inc. upped their price target on Arthur J. Gallagher & Co. from $60.00 to $62.00 and gave the stock a “neutral” rating in a report on Monday, August 7th. BidaskClub upgraded Arthur J. Gallagher & Co. from a “hold” rating to a “buy” rating in a report on Thursday, July 27th. Barclays PLC upped their price target on Arthur J. Gallagher & Co. from $66.00 to $68.00 and gave the stock an “overweight” rating in a report on Friday, August 11th. Finally, Wells Fargo & Company reiterated a “buy” rating on shares of Arthur J. Gallagher & Co. in a report on Thursday, July 27th. One analyst has rated the stock with a sell rating, four have assigned a hold rating and six have given a buy rating to the company’s stock. Arthur J. Gallagher & Co. presently has an average rating of “Hold” and an average target price of $59.33.

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In other Arthur J. Gallagher & Co. news, insider Susan E. Pietrucha sold 6,932 shares of Arthur J. Gallagher & Co. stock in a transaction on Tuesday, August 1st. The stock was sold at an average price of $59.28, for a total value of $410,928.96. Following the completion of the sale, the insider now owns 3,253 shares of the company’s stock, valued at approximately $192,837.84. The transaction was disclosed in a filing with the SEC, which can be accessed through the SEC website. Also, VP Joel D. Cavaness sold 10,000 shares of Arthur J. Gallagher & Co. stock in a transaction on Thursday, August 3rd. The stock was sold at an average price of $58.73, for a total value of $587,300.00. Following the completion of the sale, the vice president now directly owns 96,186 shares of the company’s stock, valued at approximately $5,649,003.78. The disclosure for this sale can be found here. In the last three months, insiders sold 49,829 shares of company stock valued at $2,904,780. Corporate insiders own 1.60% of the company’s stock.

Arthur J. Gallagher & Co. Company Profile

Arthur J. Gallagher & Co and its subsidiaries are engaged in providing insurance brokerage and consulting services, and third-party claims settlement and administration services to both domestic and international entities. The Company operates through three segments: brokerage, risk management and corporate.

Insider Buying and Selling by Quarter for Arthur J. Gallagher & Co. (NYSE:AJG)

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