Brown & Brown (NYSE:BRO) Price Target Raised to $86.00

Posted by Brenda Bartman on Aug 1st, 2026

Brown & Brown (NYSE:BRO – Free Report) had its price target boosted by Mizuho from $81.00 to $86.00 in a research note released on Wednesday,Benzinga reports. Mizuho currently has an outperform rating on the financial services provider’s stock.

Several other equities analysts have also issued reports on BRO. The Goldman Sachs Group raised their price objective on Brown & Brown from $62.00 to $70.00 and gave the stock a “neutral” rating in a report on Wednesday, July 1st. Keefe, Bruyette & Woods boosted their price objective on Brown & Brown from $72.00 to $74.00 and gave the company a “market perform” rating in a research note on Wednesday, July 8th. JPMorgan Chase & Co. decreased their price objective on Brown & Brown from $81.00 to $78.00 and set a “neutral” rating for the company in a report on Monday, July 13th. Weiss Ratings downgraded shares of Brown & Brown from a “hold (c-)” rating to a “sell (d+)” rating in a research report on Tuesday, June 23rd. Finally, Bank of America decreased their price target on shares of Brown & Brown from $90.00 to $88.00 and set a “neutral” rating for the company in a research note on Tuesday, April 14th. Four research analysts have rated the stock with a Buy rating, thirteen have issued a Hold rating and two have assigned a Sell rating to the company. Based on data from MarketBeat, the stock presently has an average rating of “Hold” and a consensus target price of $79.06.

View Our Latest Stock Analysis on BRO

Brown & Brown Price Performance

Brown & Brown stock opened at $70.50 on Wednesday. The stock has a market cap of $23.59 billion, a P/E ratio of 22.24, a price-to-earnings-growth ratio of 3.54 and a beta of 0.60. The company has a fifty day simple moving average of $63.65 and a 200-day simple moving average of $66.46. The company has a current ratio of 2.11, a quick ratio of 1.64 and a debt-to-equity ratio of 0.58. Brown & Brown has a 12-month low of $53.81 and a 12-month high of $98.30.

Brown & Brown (NYSE:BRO – Get Free Report) last announced its quarterly earnings results on Monday, July 27th. The financial services provider reported $1.07 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $1.08 by ($0.01). The business had revenue of $1.65 billion during the quarter, compared to analyst estimates of $1.71 billion. Brown & Brown had a net margin of 17.75% and a return on equity of 13.17%. The business’s revenue for the quarter was up 30.4% compared to the same quarter last year. During the same period last year, the company earned $1.03 earnings per share. Equities analysts expect that Brown & Brown will post 4.49 EPS for the current fiscal year.

Brown & Brown Announces Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Wednesday, August 19th. Investors of record on Wednesday, August 12th will be given a $0.165 dividend. This represents a $0.66 dividend on an annualized basis and a yield of 0.9%. The ex-dividend date is Wednesday, August 12th. Brown & Brown’s dividend payout ratio (DPR) is 20.82%.

Insider Transactions at Brown & Brown

In other news, Director H Palmer Proctor, Jr. acquired 2,000 shares of the business’s stock in a transaction on Tuesday, May 5th. The stock was bought at an average price of $57.10 per share, for a total transaction of $114,200.00. Following the transaction, the director owned 47,621 shares in the company, valued at $2,719,159.10. This represents a 4.38% increase in their ownership of the stock. The purchase was disclosed in a document filed with the SEC, which is accessible through the SEC website. Corporate insiders own 13.13% of the company’s stock.

Institutional Trading of Brown & Brown

Several hedge funds have recently modified their holdings of BRO. Union Bancaire Privee UBP SA acquired a new stake in shares of Brown & Brown in the 1st quarter worth approximately $25,000. Basepoint Wealth LLC purchased a new stake in shares of Brown & Brown in the fourth quarter valued at about $27,000. Darwin Wealth Management LLC purchased a new stake in shares of Brown & Brown in the second quarter valued at about $30,000. DV Equities LLC acquired a new stake in shares of Brown & Brown in the fourth quarter valued at approximately $33,000. Finally, Allied Private Wealth LLC acquired a new stake in shares of Brown & Brown in the second quarter valued at approximately $35,000. 71.01% of the stock is owned by institutional investors and hedge funds.

About Brown & Brown

(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.