Brown & Brown (NYSE:BRO) Price Target Raised to $74.00

Posted by Brenda Bartman on Jul 29th, 2026

Brown & Brown (NYSE:BRO – Get Free Report) had its price objective lifted by analysts at BMO Capital Markets from $73.00 to $74.00 in a research note issued to investors on Wednesday,Benzinga reports. The firm presently has a “market perform” rating on the financial services provider’s stock. BMO Capital Markets’ price objective points to a potential downside of 0.73% from the stock’s previous close.

Other analysts also recently issued reports about the company. UBS Group reiterated a “neutral” rating and set a $73.00 target price (up from $65.00) on shares of Brown & Brown in a research report on Wednesday, July 8th. Morgan Stanley cut Brown & Brown from an “equal weight” rating to an “underweight” rating and decreased their price target for the stock from $60.00 to $55.00 in a research report on Monday, July 6th. Bank of America dropped their price target on Brown & Brown from $90.00 to $88.00 and set a “neutral” rating for the company in a research note on Tuesday, April 14th. Royal Bank Of Canada cut their price objective on shares of Brown & Brown from $76.00 to $72.00 and set a “sector perform” rating for the company in a research report on Wednesday, April 29th. Finally, Mizuho increased their price objective on shares of Brown & Brown from $74.00 to $81.00 and gave the stock an “outperform” rating in a research note on Thursday, July 9th. Four research analysts have rated the stock with a Buy rating, thirteen have assigned a Hold rating and two have given a Sell rating to the company’s stock. According to data from MarketBeat.com, the company currently has an average rating of “Hold” and a consensus target price of $78.75.

Read Our Latest Analysis on Brown & Brown

Brown & Brown Stock Performance

Shares of BRO stock traded up $0.89 on Wednesday, hitting $74.54. The company’s stock had a trading volume of 225,412 shares, compared to its average volume of 3,243,197. The stock’s 50 day moving average is $62.81 and its 200-day moving average is $66.54. Brown & Brown has a fifty-two week low of $53.81 and a fifty-two week high of $98.30. The company has a market capitalization of $25.27 billion, a PE ratio of 23.46, a PEG ratio of 3.22 and a beta of 0.60. The company has a debt-to-equity ratio of 0.52, a quick ratio of 1.64 and a current ratio of 1.64.

Brown & Brown (NYSE:BRO – Get Free Report) last announced its earnings results on Monday, July 27th. The financial services provider reported $1.07 EPS for the quarter, missing the consensus estimate of $1.08 by ($0.01). Brown & Brown had a return on equity of 13.19% and a net margin of 17.75%.The business had revenue of $1.65 billion for the quarter, compared to the consensus estimate of $1.71 billion. During the same period in the prior year, the business posted $1.03 earnings per share. The firm’s revenue for the quarter was up 30.4% compared to the same quarter last year. Equities research analysts expect that Brown & Brown will post 4.5 earnings per share for the current fiscal year.

Insider Buying and Selling

In related news, Director H Palmer Proctor, Jr. bought 2,000 shares of the company’s stock in a transaction dated Tuesday, May 5th. The stock was purchased at an average price of $57.10 per share, with a total value of $114,200.00. Following the completion of the acquisition, the director owned 47,621 shares of the company’s stock, valued at $2,719,159.10. The trade was a 4.38% increase in their ownership of the stock. The purchase was disclosed in a filing with the Securities & Exchange Commission, which is available through the SEC website. Insiders own 13.13% of the company’s stock.

Institutional Investors Weigh In On Brown & Brown

Hedge funds and other institutional investors have recently made changes to their positions in the stock. Vanguard Group Inc. grew its stake in shares of Brown & Brown by 0.8% in the fourth quarter. Vanguard Group Inc. now owns 37,634,847 shares of the financial services provider’s stock worth $2,999,497,000 after purchasing an additional 303,955 shares during the last quarter. Capital World Investors lifted its holdings in Brown & Brown by 2.3% during the 4th quarter. Capital World Investors now owns 17,886,395 shares of the financial services provider’s stock worth $1,425,546,000 after buying an additional 407,006 shares during the period. Principal Financial Group Inc. grew its position in shares of Brown & Brown by 1.6% in 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. State Street Corp grew its position in shares of Brown & Brown by 2.2% in 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. Finally, Geode Capital Management LLC increased its stake in shares of Brown & Brown by 1.5% in the fourth quarter. Geode Capital Management LLC now owns 7,952,957 shares of the financial services provider’s stock valued at $631,495,000 after buying an additional 118,225 shares during the period. 71.01% of the stock is owned by institutional investors.

Brown & Brown Company Profile

(Get Free Report)

Brown & Brown, Inc (NYSE: BRO) is a professional insurance brokerage and risk advisory firm that provides a broad range of property and casualty, employee benefits, personal risk, and specialty insurance products. The company works with commercial, public sector and individual clients to design and place insurance programs, manage claims and loss control, and deliver risk management consulting. Its services also include wholesale brokerage, program administration and other specialty distribution solutions that connect carriers and intermediaries to niche markets.

Brown & Brown operates through a decentralized model of operating units and subsidiaries, enabling local client service with the scale to access national and specialty markets.