Arthur J. Gallagher & Co. (NYSE:AJG) Cut to “Neutral” at Citigroup

Posted by Stanley Muller on Nov 5th, 2026

Citigroup cut shares of Arthur J. Gallagher & Co. (NYSE:AJG – Free Report) from a buy rating to a neutral rating in a research report sent to investors on Monday morning, MarketBeat.com reports. They currently have $300.00 price objective on the financial services provider’s stock, up from their previous price objective of $285.00.

AJG has been the topic of a number of other research reports. Wells Fargo & Company lowered their price objective on Arthur J. Gallagher & Co. from $291.00 to $284.00 and set an “overweight” rating on the stock in a report on Monday, October 12th. Mizuho increased their target price on Arthur J. Gallagher & Co. from $271.00 to $302.00 and gave the stock an “outperform” rating in a research note on Friday, October 30th. The Goldman Sachs Group reissued a “buy” rating and issued a $296.00 price target on shares of Arthur J. Gallagher & Co. in a report on Friday, October 30th. Wolfe Research downgraded Arthur J. Gallagher & Co. from an “outperform” rating to a “peer perform” rating in a research note on Thursday, July 9th. Finally, Seaport Research Partners upgraded Arthur J. Gallagher & Co. to a “buy” rating in a research note on Wednesday, October 7th. Thirteen research analysts have rated the stock with a Buy rating and seven have issued a Hold rating to the company. Based on data from MarketBeat, Arthur J. Gallagher & Co. currently has an average rating of “Moderate Buy” and an average target price of $292.05.

Check Out Our Latest Analysis on AJG

Arthur J. Gallagher & Co. Trading Up 5.6%

Shares of Arthur J. Gallagher & Co. stock opened at $288.75 on Monday. Arthur J. Gallagher & Co. has a 52-week low of $190.75 and a 52-week high of $289.93. The company has a quick ratio of 1.05, a current ratio of 1.05 and a debt-to-equity ratio of 0.49. The company’s 50-day simple moving average is $249.16 and its 200-day simple moving average is $232.91. The firm has a market cap of $74.01 billion, a price-to-earnings ratio of 21.55, a price-to-earnings-growth ratio of 1.56 and a beta of 0.47.

Arthur J. Gallagher & Co. (NYSE:AJG – Get Free Report) last posted its quarterly earnings results on Thursday, October 29th. The financial services provider reported $3.00 earnings per share (EPS) for the quarter, topping the consensus estimate of $2.99 by $0.01. The firm had revenue of $3.92 billion during the quarter, compared to analysts’ expectations of $3.98 billion. Arthur J. Gallagher & Co. had a net margin of 10.39% and a return on equity of 13.90%. The firm’s revenue for the quarter was up 19.6% on a year-over-year basis. During the same period in the prior year, the company posted $2.32 earnings per share. As a group, equities research analysts anticipate that Arthur J. Gallagher & Co. will post 13.16 earnings per share for the current year.

Arthur J. Gallagher & Co. Dividend Announcement

The business also recently disclosed a quarterly dividend, which will be paid on Friday, December 18th. Investors of record on Monday, December 7th will be paid a $0.70 dividend. The ex-dividend date is Monday, December 7th. This represents a $2.80 annualized dividend and a dividend yield of 1.0%. Arthur J. Gallagher & Co.’s dividend payout ratio (DPR) is 42.81%.

Insider Transactions at Arthur J. Gallagher & Co.

In other Arthur J. Gallagher & Co. news, CFO Douglas K. Howell sold 30,996 shares of the stock in a transaction dated Monday, November 2nd. The shares were sold at an average price of $275.15, for a total value of $8,528,549.40. Following the completion of the transaction, the chief financial officer directly owned 92,961 shares of the company’s stock, valued at approximately $25,578,219.15. This trade represents a 25.01% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is accessible through the SEC website. Also, VP Christopher E. Mead sold 7,590 shares of Arthur J. Gallagher & Co. stock in a transaction that occurred on Monday, November 2nd. The shares were sold at an average price of $279.72, for a total transaction of $2,123,074.80. Following the sale, the vice president owned 22,287 shares of the company’s stock, valued at approximately $6,234,119.64. The trade was a 25.40% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Over the last three months, insiders have sold 67,086 shares of company stock valued at $18,214,574. 1.40% of the stock is owned by company insiders.

Institutional Investors Weigh In On Arthur J. Gallagher & Co.

A number of institutional investors and hedge funds have recently modified their holdings of the company. Principal Financial Group Inc. raised its holdings in Arthur J. Gallagher & Co. by 14.4% during the first quarter. Principal Financial Group Inc. now owns 3,242,088 shares of the financial services provider’s stock worth $702,182,000 after purchasing an additional 409,145 shares during the last quarter. Gtcr LLC acquired a new stake in Arthur J. Gallagher & Co. in the first quarter valued at $514,112,000. Janus Henderson Group PLC grew its holdings in Arthur J. Gallagher & Co. by 5.4% in the first quarter. Janus Henderson Group PLC now owns 1,970,990 shares of the financial services provider’s stock valued at $426,887,000 after purchasing an additional 101,431 shares during the last quarter. Bank of America Corp DE increased its position in shares of Arthur J. Gallagher & Co. by 23.0% in the first quarter. Bank of America Corp DE now owns 1,854,488 shares of the financial services provider’s stock valued at $401,645,000 after buying an additional 346,409 shares in the last quarter. Finally, UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC increased its position in shares of Arthur J. Gallagher & Co. by 0.3% in the second quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC now owns 1,453,774 shares of the financial services provider’s stock valued at $333,743,000 after buying an additional 3,905 shares in the last quarter. Institutional investors and hedge funds own 85.53% of the company’s stock.

Arthur J. Gallagher & Co. News Summary

Here are the key news stories impacting Arthur J. Gallagher & Co. this week:

Positive Sentiment: Jefferies raised its price target to $319 from $295 and maintained a Buy rating, citing potential upside. Wells Fargo also issued a Buy rating. Wells Fargo rating
Neutral Sentiment: Gallagher named Tom Doyle CEO of its Benefits & HR Consulting division as part of a leadership transition. The change may support continuity, though no financial impact was specified. Leadership transition announcement
Negative Sentiment: BMO Capital Markets cut AJG to Market Perform from Outperform, with a $295 target, saying it was “taking profits.” Citigroup also downgraded the stock to Neutral, saying the risk-reward balance had shifted. BMO downgrade Citigroup downgrade
Negative Sentiment: CFO Douglas Howell sold 30,996 shares and VP Christopher Mead sold 7,590 shares. Both sales reduced their respective holdings by about 25%; insider sales can weigh on sentiment, although they do not necessarily signal a change in the company’s outlook. CFO sale filing VP sale filing

About Arthur J. Gallagher & Co.

(Get Free Report)

Arthur J. Gallagher & Co is a global insurance brokerage, risk management and consulting company. The firm helps businesses, public entities and individuals identify, manage and transfer risk through insurance and related services.

Its operations include retail insurance brokerage, employee benefits consulting, wholesale brokerage, reinsurance brokerage, claims administration and risk management consulting. Gallagher places commercial and personal insurance coverage and provides services related to property and casualty risks, health care, benefits, and other specialized insurance needs.

Founded in 1927 by Arthur J.