Verition Fund Management LLC Has $73.97 Million Holdings in Brown & Brown, Inc. $BRO

Posted by George Bondi on Jun 15th, 2026

Verition Fund Management LLC raised its holdings in Brown & Brown, Inc. (NYSE:BRO – Free Report) by 19.6% in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 928,061 shares of the financial services provider’s stock after acquiring an additional 151,794 shares during the period. Brown & Brown comprises about 0.3% of Verition Fund Management LLC’s investment portfolio, making the stock its 19th largest holding. Verition Fund Management LLC’s holdings in Brown & Brown were worth $73,966,000 at the end of the most recent quarter.

A number of other hedge funds also recently modified their holdings of the business. Basepoint Wealth LLC bought a new stake in Brown & Brown in the 4th quarter valued at $27,000. Darwin Wealth Management LLC acquired a new stake in shares of Brown & Brown in the 2nd quarter valued at about $30,000. Board of the Pension Protection Fund bought a new stake in shares of Brown & Brown in the fourth quarter valued at about $40,000. Maseco LLP bought a new stake in shares of Brown & Brown in the fourth quarter valued at about $60,000. Finally, eCIO Inc. acquired a new position in shares of Brown & Brown during the fourth quarter worth about $67,000. Institutional investors and hedge funds own 71.01% of the company’s stock.

Wall Street Analysts Forecast Growth

Several equities research analysts have commented on BRO shares. Morgan Stanley cut their target price on Brown & Brown from $65.00 to $60.00 and set an “equal weight” rating on the stock in a research note on Thursday, May 21st. Wells Fargo & Company cut their price objective on shares of Brown & Brown from $72.00 to $69.00 and set an “equal weight” rating on the stock in a research report on Wednesday, April 29th. JPMorgan Chase & Co. reduced their target price on shares of Brown & Brown from $91.00 to $85.00 and set a “neutral” rating for the company in a report on Thursday, April 9th. Citigroup assumed coverage on shares of Brown & Brown in a research report on Thursday, May 21st. They issued a “market outperform” rating for the company. Finally, Royal Bank Of Canada cut their price target on shares of Brown & Brown from $76.00 to $72.00 and set a “sector perform” rating on the stock in a research report on Wednesday, April 29th. Five analysts have rated the stock with a Buy rating and fourteen have assigned a Hold rating to the company’s stock. According to data from MarketBeat, Brown & Brown presently has a consensus rating of “Hold” and an average price target of $78.44.

Read Our Latest Analysis on Brown & Brown

Brown & Brown Stock Performance

Shares of BRO stock opened at $59.96 on Monday. The stock has a market cap of $20.32 billion, a P/E ratio of 19.28, a P/E/G ratio of 2.76 and a beta of 0.63. The company has a fifty day moving average price of $61.11 and a two-hundred day moving average price of $69.79. Brown & Brown, Inc. has a one year low of $53.81 and a one year high of $111.10. The company has a debt-to-equity ratio of 0.52, a current ratio of 1.64 and a quick ratio of 1.64.

Brown & Brown (NYSE:BRO – Get Free Report) last issued its earnings results on Monday, April 27th. The financial services provider reported $1.39 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.36 by $0.03. The business had revenue of $1.90 billion during the quarter, compared to the consensus estimate of $1.89 billion. Brown & Brown had a net margin of 17.94% and a return on equity of 12.94%. Brown & Brown’s revenue was up 35.4% on a year-over-year basis. During the same period last year, the business posted $1.29 EPS. As a group, equities analysts predict that Brown & Brown, Inc. will post 4.51 EPS for the current year.

Brown & Brown Announces Dividend

The business also recently declared a quarterly dividend, which was paid on Wednesday, May 20th. Investors of record on Monday, May 11th were paid a $0.165 dividend. This represents a $0.66 annualized dividend and a dividend yield of 1.1%. The ex-dividend date was Monday, May 11th. Brown & Brown’s payout ratio is 21.22%.

Insider Transactions at Brown & Brown

In related news, Director H Palmer Proctor, Jr. acquired 2,000 shares of the stock in a transaction on Tuesday, May 5th. The shares were purchased at an average price of $57.10 per share, for a total transaction of $114,200.00. Following the purchase, the director directly owned 47,621 shares in the company, valued at approximately $2,719,159.10. The trade was a 4.38% increase in their ownership of the stock. The purchase was disclosed in a legal filing with the SEC, which is available through this hyperlink. 13.13% of the stock is owned by corporate insiders.

Brown & Brown Company Profile

(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.