Brown & Brown, Inc. $BRO Stock Holdings Raised by Pullen Investment Management LLC

Posted by Stanley Muller on Oct 26th, 2026

Pullen Investment Management LLC boosted its position in Brown & Brown, Inc. (NYSE:BRO – Free Report) by 101.2% in the third quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 35,053 shares of the financial services provider’s stock after purchasing an additional 17,628 shares during the quarter. Pullen Investment Management LLC’s holdings in Brown & Brown were worth $2,259,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds have also recently added to or reduced their stakes in the business. Union Bancaire Privee UBP SA purchased a new stake in Brown & Brown in the first quarter valued at about $25,000. Allied Private Wealth LLC acquired a new stake in Brown & Brown in the second quarter worth about $35,000. Continuum Advisory LLC acquired a new stake in Brown & Brown in the second quarter worth about $34,000. Johnson Financial Group Inc. purchased a new stake in shares of Brown & Brown during the second quarter worth about $37,000. Finally, Manchester Capital Management LLC increased its holdings in shares of Brown & Brown by 853.3% during the third quarter. Manchester Capital Management LLC now owns 572 shares of the financial services provider’s stock valued at $38,000 after acquiring an additional 512 shares in the last quarter. 71.01% of the stock is currently owned by hedge funds and other institutional investors.

Wall Street Analysts Forecast Growth

A number of research analysts have issued reports on the stock. Oppenheimer assumed coverage on shares of Brown & Brown in a research note on Wednesday, October 7th. They set an “outperform” rating and a $73.00 price target on the stock. Weiss Ratings upgraded shares of Brown & Brown from a “hold (c-)” rating to a “hold (c)” rating in a research note on Thursday. Mizuho cut their price objective on Brown & Brown from $83.00 to $78.00 and set an “outperform” rating for the company in a research report on Wednesday, October 7th. Citizens Jmp decreased their price target on shares of Brown & Brown from $78.00 to $75.00 and set a “market outperform” rating on the stock in a research note on Monday, October 12th. Finally, Barclays decreased their price target on shares of Brown & Brown from $76.00 to $71.00 and set an “equal weight” rating on the stock in a research note on Wednesday, October 7th. One investment analyst has rated the stock with a Strong Buy rating, seven have issued a Buy rating, twelve have issued a Hold rating and one has given a Sell rating to the stock. Based on data from MarketBeat.com, Brown & Brown currently has an average rating of “Hold” and an average target price of $76.00.

Get Our Latest Stock Analysis on Brown & Brown

Brown & Brown Stock Up 0.0%

NYSE BRO opened at $72.97 on Monday. The business has a fifty day moving average price of $67.25 and a 200 day moving average price of $65.13. Brown & Brown, Inc. has a one year low of $53.81 and a one year high of $89.26. The company has a debt-to-equity ratio of 0.58, a quick ratio of 2.11 and a current ratio of 2.11. The company has a market cap of $24.42 billion, a P/E ratio of 23.02, a P/E/G ratio of 2.27 and a beta of 0.60.

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

Brown & Brown Increases Dividend

The firm also recently announced a quarterly dividend, which will be paid on Wednesday, November 11th. Stockholders of record on Wednesday, November 4th will be issued a dividend of $0.18 per share. The ex-dividend date of this dividend is Wednesday, November 4th. This is a positive change from Brown & Brown’s previous quarterly dividend of $0.1650. This represents a $0.72 dividend on an annualized basis and a dividend yield of 1.0%. Brown & Brown’s payout ratio is currently 20.82%.

Brown & Brown Profile

(Free Report)

Brown & Brown, Inc is an insurance brokerage and risk management company headquartered in Daytona Beach, Florida. The company helps businesses, public entities, individuals and other organizations identify, manage and transfer risk by arranging insurance coverage and providing related advisory services.

Its operations include retail insurance brokerage, national programs, wholesale brokerage and services. Brown & Brown offers property and casualty insurance, employee benefits, personal insurance, surety and other specialized coverage.