The price of Arthur J. Gallagher & Co (NYSE:AJG) shares last traded on Wall Street fell -0.63% to $286.54.
AJG stock price is now -1.82% away from the 50-day moving average and 5.17% away from the 200-day moving average. The market capitalization of the company currently stands at $71.13B.
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With the price target maintained at $313, Goldman recently Downgraded its rating from Buy to Neutral for Arthur J. Gallagher & Co (NYSE: AJG). On September 05, 2024, Barclays recently initiated its ‘Equal Weight’ rating on the stock quoting a target price of $300, while ‘Truist’ rates the stock as ‘Hold’
In other news, Gallagher Patrick Murphy, Chief Operating Officer bought 1,115 shares of the company’s stock on Dec 23 ’24. The stock was bought for $316,814 at an average price of $284.14. Upon completion of the transaction, the Chief Operating Officer now directly owns 40,308 shares in the company, valued at $11.55 million. An SEC document containing details of the transaction can be found on the SEC’s website. On Dec 10 ’24, Trustee for the Arthur J Galla Matrix Trust Co bought 15,000 shares of the business’s stock. A total of $4,256,100 was incurred on buying the stock at an average price of $283.74. A total of 1.20% of the company’s stock is owned by insiders.
During the past 12 months, Arthur J. Gallagher & Co has had a low of $221.15 and a high of $316.72. According to the stock market information, the enterprise value for the company is $69450178560, which is based on a 54.48 price-to-earnings ratio, a 4.89 price-to-earnings-growth ratio, and a beta of 0.75. The fifty day moving average price for AJG is $291.859 and a two-hundred day moving average price translates $272.46313 for the stock.
The latest earnings results from Arthur J. Gallagher & Co (NYSE: AJG) was released for 2024-09-30. The net profit margin was 10.54% and return on equity was 10.35% for AJG. The company reported revenue of $2.81 billion for the quarter, compared to $2.49 billion a year earlier. Comparatively to last year’s same quarter, the company’s quarterly revenue rose 12.63 percent.
