Tidal Investments LLC Buys 39,937 Shares of Brown & Brown, Inc. $BRO

Posted by George Bondi on Sep 14th, 2026

Tidal Investments LLC grew its stake in shares of Brown & Brown, Inc. (NYSE:BRO – Free Report) by 125.6% during the 2nd quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor owned 71,733 shares of the financial services provider’s stock after buying an additional 39,937 shares during the quarter. Tidal Investments LLC’s holdings in Brown & Brown were worth $4,602,000 at the end of the most recent quarter.

Other institutional investors and hedge funds have also recently made changes to their positions in the company. ICONIQ Capital LLC grew its position in Brown & Brown by 5.4% in the second quarter. ICONIQ Capital LLC now owns 2,110 shares of the financial services provider’s stock worth $234,000 after acquiring an additional 109 shares in the last quarter. Zacks Investment Management increased its stake in Brown & Brown by 0.7% in the third quarter. Zacks Investment Management now owns 17,854 shares of the financial services provider’s stock valued at $1,675,000 after acquiring an additional 125 shares during the last quarter. Moors & Cabot Inc. increased its stake in Brown & Brown by 2.1% in the third quarter. Moors & Cabot Inc. now owns 6,805 shares of the financial services provider’s stock valued at $638,000 after acquiring an additional 142 shares during the last quarter. Crawford Investment Counsel Inc. raised its position in Brown & Brown by 0.6% during the fourth quarter. Crawford Investment Counsel Inc. now owns 28,750 shares of the financial services provider’s stock valued at $2,291,000 after purchasing an additional 170 shares in the last quarter. Finally, Equitable Trust Co. raised its position in Brown & Brown by 1.7% during the first quarter. Equitable Trust Co. now owns 10,901 shares of the financial services provider’s stock valued at $711,000 after purchasing an additional 182 shares in the last quarter. Hedge funds and other institutional investors own 71.01% of the company’s stock.

Analyst Upgrades and Downgrades

BRO has been the subject of a number of research reports. Raymond James Financial reiterated an “outperform” rating on shares of Brown & Brown in a report on Friday, June 26th. Royal Bank Of Canada reissued a “sector perform” rating on shares of Brown & Brown in a report on Wednesday, July 29th. Wells Fargo & Company dropped their target price on Brown & Brown from $69.00 to $68.00 and set an “equal weight” rating for the company in a research report on Thursday, July 9th. Citizens Jmp upped their target price on Brown & Brown from $70.00 to $78.00 and gave the stock a “market outperform” rating in a research note on Friday, July 10th. Finally, BMO Capital Markets increased their price target on shares of Brown & Brown from $73.00 to $74.00 and gave the company a “market perform” rating in a research report on Wednesday, July 29th. Four investment analysts have rated the stock with a Buy rating, fourteen have assigned a Hold rating and one has given a Sell rating to the stock. According to MarketBeat, the company presently has an average rating of “Hold” and an average target price of $76.80.

View Our Latest Research Report on Brown & Brown

Brown & Brown Trading Up 0.1%

NYSE:BRO opened at $66.28 on Monday. The company has a fifty day moving average of $70.20 and a 200 day moving average of $65.86. Brown & Brown, Inc. has a 52 week low of $53.81 and a 52 week high of $96.55. The company has a quick ratio of 2.11, a current ratio of 2.11 and a debt-to-equity ratio of 0.58. The firm has a market capitalization of $22.18 billion, a P/E ratio of 20.91, a P/E/G ratio of 2.03 and a beta of 0.58.

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). Brown & Brown had a return on equity of 13.17% and a net margin of 17.75%.The firm had revenue of $1.65 billion during the quarter, compared to the consensus estimate of $1.71 billion. During the same period last year, the business earned $1.03 EPS. Brown & Brown’s revenue was up 30.4% on a year-over-year basis. On average, research analysts predict that Brown & Brown, Inc. will post 4.5 earnings per share for the current year.

Brown & Brown Dividend Announcement

The company also recently announced a quarterly dividend, which was paid on Wednesday, August 19th. Stockholders of record on Wednesday, August 12th were issued a dividend of $0.165 per share. This represents a $0.66 dividend on an annualized basis and a dividend yield of 1.0%. The ex-dividend date was Wednesday, August 12th. Brown & Brown’s dividend payout ratio is currently 20.82%.

Brown & Brown Profile

(Free Report)

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

Its offerings include property and casualty insurance, employee benefits, personal insurance, surety products, risk management services and specialty insurance programs. Brown & Brown also operates wholesale brokerage and managing general agency businesses, which provide specialized coverage and market access to retail insurance agents and brokers.

Founded in 1939 by J.