19,137 Brown & Brown, Inc. $BRO Shares Purchased by Brighton Jones LLC

Posted by Brian Himes on Nov 10th, 2026

Brighton Jones LLC grew its position in Brown & Brown, Inc. (NYSE:BRO – Free Report) by 135.3% during the third quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 33,280 shares of the financial services provider’s stock after purchasing an additional 19,137 shares during the period. Brighton Jones LLC’s holdings in Brown & Brown were worth $2,163,000 at the end of the most recent quarter.

A number of other institutional investors also recently modified their holdings of BRO. BlackRock Inc. bought a new position in shares of Brown & Brown during the 2nd quarter worth approximately $1,418,571,000. Principal Financial Group Inc. raised its holdings in Brown & Brown by 1.6% during the first quarter. Principal Financial Group Inc. now owns 15,608,720 shares of the financial services provider’s stock worth $1,017,847,000 after acquiring an additional 246,172 shares in the last quarter. Deutsche Bank AG bought a new stake in Brown & Brown during the second quarter worth about $266,941,000. Bank of America Corp DE boosted its position in Brown & Brown by 45.2% during the first quarter. Bank of America Corp DE now owns 3,623,179 shares of the financial services provider’s stock valued at $236,268,000 after purchasing an additional 1,128,417 shares during the last quarter. Finally, Royal Bank of Canada boosted its position in Brown & Brown by 5.1% during the first quarter. Royal Bank of Canada now owns 3,569,784 shares of the financial services provider’s stock valued at $232,786,000 after purchasing an additional 173,320 shares during the last quarter. 71.01% of the stock is currently owned by institutional investors.

Wall Street Analysts Forecast Growth

A number of research firms have weighed in on BRO. UBS Group lowered their price target on Brown & Brown from $73.00 to $72.00 and set a “neutral” rating on the stock in a research report on Monday, November 2nd. Morgan Stanley cut their price objective on Brown & Brown from $60.00 to $55.00 and set an “underweight” rating for the company in a report on Tuesday, October 6th. Oppenheimer started coverage on Brown & Brown in a report on Wednesday, October 7th. They issued an “outperform” rating and a $73.00 price objective for the company. Keefe, Bruyette & Woods raised shares of Brown & Brown from an “underperform” rating to an “outperform” rating and set a $77.00 target price for the company in a research note on Monday, October 12th. Finally, Wells Fargo & Company lowered their target price on shares of Brown & Brown from $69.00 to $68.00 and set an “equal weight” rating on the stock in a report on Monday, October 12th. One analyst has rated the stock with a Strong Buy rating, six have given a Buy rating, thirteen have assigned a Hold rating and one has issued a Sell rating to the company’s stock. According to data from MarketBeat, the company presently has a consensus rating of “Hold” and an average price target of $75.47.

Check Out Our Latest Research Report on Brown & Brown

Brown & Brown Trading Down 1.7%

Brown & Brown stock opened at $70.89 on Tuesday. The stock has a 50-day simple moving average of $66.95 and a 200 day simple moving average of $66.64. The stock has a market capitalization of $23.51 billion, a P/E ratio of 22.43, a PEG ratio of 2.42 and a beta of 0.52. The company has a debt-to-equity ratio of 0.58, a quick ratio of 1.96 and a current ratio of 1.96. Brown & Brown, Inc. has a 52 week low of $53.81 and a 52 week high of $82.57.

Brown & Brown (NYSE:BRO – Get Free Report) last released its quarterly earnings data on Monday, October 26th. The financial services provider reported $1.07 earnings per share (EPS) for the quarter, missing the consensus estimate of $1.08 by ($0.01). Brown & Brown had a net margin of 17.63% and a return on equity of 13.29%. The business had revenue of $1.70 billion during the quarter, compared to the consensus estimate of $1.76 billion. During the same quarter in the prior year, the company earned $1.05 EPS. Brown & Brown’s quarterly revenue was up 7.4% on a year-over-year basis. Analysts expect that Brown & Brown, Inc. will post 4.44 earnings per share for the current year.

Brown & Brown Increases Dividend

The firm also recently announced a quarterly dividend, which will be paid on Wednesday, November 11th. Investors of record on Wednesday, November 4th will be issued a dividend of $0.18 per share. This represents a $0.72 dividend on an annualized basis and a dividend yield of 1.0%. The ex-dividend date of this dividend is Wednesday, November 4th. This is a boost from Brown & Brown’s previous quarterly dividend of $0.1650. Brown & Brown’s payout ratio is presently 22.78%.

Brown & Brown Profile

(Free Report)

Brown & Brown, Inc is an insurance brokerage and risk management company that helps businesses, public entities and individuals assess and manage risk. Its services include arranging property and casualty insurance, employee benefits and personal insurance, as well as providing risk management and related services.

The company serves clients through retail insurance operations, national insurance programs, wholesale brokerage and insurance-related services. It operates primarily in the United States and also serves clients in international markets.

Founded in 1939 in Daytona Beach, Florida, Brown & Brown has grown through organic expansion and acquisitions.