OP Asset Management Ltd Takes $2 Million Position in Brown & Brown, Inc. $BRO

Posted by Stanley Muller on Jun 29th, 2026

OP Asset Management Ltd purchased a new stake in Brown & Brown, Inc. (NYSE:BRO – Free Report) in the first quarter, according to the company in its most recent disclosure with the SEC. The firm purchased 30,640 shares of the financial services provider’s stock, valued at approximately $1,998,000.

Several other large investors also recently added to or reduced their stakes in BRO. ICONIQ Capital LLC raised its position in Brown & Brown by 5.4% during the second quarter. ICONIQ Capital LLC now owns 2,110 shares of the financial services provider’s stock valued at $234,000 after purchasing an additional 109 shares during the period. Zacks Investment Management boosted its holdings in shares of Brown & Brown by 0.7% in the 3rd quarter. Zacks Investment Management now owns 17,854 shares of the financial services provider’s stock worth $1,675,000 after purchasing an additional 125 shares during the period. Private Trust Co. NA boosted its holdings in shares of Brown & Brown by 13.1% in the 4th quarter. Private Trust Co. NA now owns 1,147 shares of the financial services provider’s stock worth $91,000 after purchasing an additional 133 shares during the period. Moors & Cabot Inc. increased its position in shares of Brown & Brown by 2.1% during the 3rd quarter. Moors & Cabot Inc. now owns 6,805 shares of the financial services provider’s stock valued at $638,000 after purchasing an additional 142 shares during the last quarter. Finally, Aptus Capital Advisors LLC increased its position in shares of Brown & Brown by 1.7% during the 3rd quarter. Aptus Capital Advisors LLC now owns 9,491 shares of the financial services provider’s stock valued at $890,000 after purchasing an additional 160 shares during the last quarter. 71.01% of the stock is owned by institutional investors.

Brown & Brown Stock Performance

Shares of Brown & Brown stock opened at $64.25 on Monday. The stock’s fifty day moving average is $59.82 and its two-hundred day moving average is $68.40. The company has a market capitalization of $21.78 billion, a PE ratio of 20.66, a price-to-earnings-growth ratio of 2.95 and a beta of 0.63. The company has a quick ratio of 1.64, a current ratio of 1.64 and a debt-to-equity ratio of 0.52. Brown & Brown, Inc. has a 52 week low of $53.81 and a 52 week high of $111.09.

Brown & Brown (NYSE:BRO – Get Free Report) last released its earnings results on Monday, April 27th. The financial services provider reported $1.39 earnings per share for the quarter, topping 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 return on equity of 12.94% and a net margin of 17.94%.The business’s revenue for the quarter was up 35.4% compared to the same quarter last year. During the same period last year, the company earned $1.29 earnings per share. As a group, analysts expect that Brown & Brown, Inc. will post 4.52 earnings per share for the current year.

Brown & Brown Announces Dividend

The business also recently disclosed a quarterly dividend, which was paid on Wednesday, May 20th. Investors of record on Monday, May 11th were issued a dividend of $0.165 per share. The ex-dividend date was Monday, May 11th. This represents a $0.66 dividend on an annualized basis and a yield of 1.0%. Brown & Brown’s dividend payout ratio (DPR) is presently 21.22%.

Analyst Ratings Changes

A number of analysts recently issued reports on BRO shares. The Goldman Sachs Group lowered their price target on Brown & Brown from $82.00 to $73.00 and set a “neutral” rating for the company in a research report on Wednesday, April 8th. Keefe, Bruyette & Woods cut their price objective on shares of Brown & Brown from $74.00 to $72.00 and set a “market perform” rating on the stock in a research report on Wednesday, April 29th. Bank of America reduced their target price on shares of Brown & Brown from $90.00 to $88.00 and set a “neutral” rating on the stock in a research note on Tuesday, April 14th. Wells Fargo & Company lowered their target price on shares of Brown & Brown from $72.00 to $69.00 and set an “equal weight” rating for the company in a report on Wednesday, April 29th. Finally, Citizens Jmp assumed coverage on shares of Brown & Brown in a research note on Thursday, May 21st. They set a “market outperform” rating and a $70.00 price target for the company. Five equities research analysts have rated the stock with a Buy rating, thirteen have assigned a Hold rating and one has given a Sell rating to the stock. Based on data from MarketBeat.com, the company currently has a consensus rating of “Hold” and an average target price of $78.44.

Check Out Our Latest Stock Analysis on Brown & Brown

Insider Transactions at Brown & Brown

In related news, Director H Palmer Proctor, Jr. bought 2,000 shares of the company’s stock in a transaction on Tuesday, May 5th. The shares were acquired at an average cost of $57.10 per share, for a total transaction of $114,200.00. Following the purchase, the director directly owned 47,621 shares of the company’s stock, 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 document filed with the Securities & Exchange Commission, which is available at this link. 13.13% of the stock is currently owned by company insiders.

About Brown & Brown

(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.