Analysts expect Arthur J. Gallagher & Co. (NYSE:AJG) to post earnings per share of $0.78 for the current quarter, according to Zacks Investment Research. Three analysts have issued estimates for Arthur J. Gallagher & Co.’s earnings. The highest EPS estimate is $0.83 and the lowest is $0.76. Arthur J. Gallagher & Co. reported earnings per share of $0.77 during the same quarter last year, which suggests a positive year-over-year growth rate of 1.3%. The company is scheduled to issue its next quarterly earnings report after the market closes on Thursday, October 26th.

On average, analysts expect that Arthur J. Gallagher & Co. will report full year earnings of $2.97 per share for the current fiscal year, with EPS estimates ranging from $2.91 to $3.02. For the next financial year, analysts forecast that the company will report earnings of $3.30 per share, with EPS estimates ranging from $3.19 to $3.45. Zacks’ earnings per share averages are an average based on a survey of sell-side research analysts that that provide coverage for Arthur J. Gallagher & Co..

Arthur J. Gallagher & Co. (NYSE:AJG) last released its earnings results on Thursday, July 27th. The financial services provider reported $1.03 earnings per share for the quarter, topping the consensus estimate of $1.02 by $0.01. Arthur J. Gallagher & Co. had a return on equity of 13.68% and a net margin of 7.62%. The firm had revenue of $1.56 billion during the quarter, compared to analysts’ expectations of $1.54 billion. During the same period in the prior year, the company earned $0.96 earnings per share. The company’s quarterly revenue was up 9.6% on a year-over-year basis.

AJG has been the subject of a number of recent analyst reports. BidaskClub upgraded shares of Arthur J. Gallagher & Co. from a “hold” rating to a “buy” rating in a research report on Saturday, July 1st. Wells Fargo & Company restated a “buy” rating and set a $66.00 price target on shares of Arthur J. Gallagher & Co. in a research report on Sunday, September 17th. Barclays PLC boosted their price target on shares of Arthur J. Gallagher & Co. from $61.00 to $66.00 and gave the company an “overweight” rating in a research report on Monday, July 3rd. Citigroup Inc. boosted their price target on shares of Arthur J. Gallagher & Co. from $59.00 to $60.00 and gave the company a “neutral” rating in a research report on Thursday, July 13th. Finally, Deutsche Bank AG lowered shares of Arthur J. Gallagher & Co. from a “buy” rating to a “hold” rating and set a $64.00 price target for the company. in a research report on Wednesday, October 4th. Two investment analysts have rated the stock with a sell rating, four have assigned a hold rating and five have given a buy rating to the company. Arthur J. Gallagher & Co. presently has an average rating of “Hold” and an average price target of $63.71.

In other news, VP Joel D. Cavaness sold 10,000 shares of Arthur J. Gallagher & Co. stock in a transaction on Thursday, August 3rd. The shares were sold at an average price of $58.73, for a total transaction of $587,300.00. Following the completion of the sale, the vice president now directly owns 96,186 shares of the company’s stock, valued at approximately $5,649,003.78. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, insider Susan E. Pietrucha sold 3,601 shares of Arthur J. Gallagher & Co. stock in a transaction on Thursday, August 31st. The stock was sold at an average price of $57.78, for a total transaction of $208,065.78. Following the sale, the insider now directly owns 4,055 shares of the company’s stock, valued at $234,297.90. The disclosure for this sale can be found here. Insiders have sold a total of 30,500 shares of company stock valued at $1,804,115 over the last ninety days. 1.60% of the stock is currently owned by insiders.

Hedge funds and other institutional investors have recently bought and sold shares of the company. HighTower Advisors LLC lifted its holdings in shares of Arthur J. Gallagher & Co. by 4.7% during the 1st quarter. HighTower Advisors LLC now owns 24,186 shares of the financial services provider’s stock worth $1,369,000 after acquiring an additional 1,087 shares during the last quarter. Aviva PLC lifted its holdings in shares of Arthur J. Gallagher & Co. by 0.9% during the 2nd quarter. Aviva PLC now owns 111,022 shares of the financial services provider’s stock worth $6,356,000 after acquiring an additional 990 shares during the last quarter. Epoch Investment Partners Inc. lifted its holdings in shares of Arthur J. Gallagher & Co. by 7.9% during the 2nd quarter. Epoch Investment Partners Inc. now owns 2,758,657 shares of the financial services provider’s stock worth $157,933,000 after acquiring an additional 201,141 shares during the last quarter. WBI Investments Inc. lifted its holdings in shares of Arthur J. Gallagher & Co. by 140.0% during the 2nd quarter. WBI Investments Inc. now owns 452,193 shares of the financial services provider’s stock worth $25,888,000 after acquiring an additional 263,757 shares during the last quarter. Finally, Principal Financial Group Inc. lifted its holdings in shares of Arthur J. Gallagher & Co. by 97.9% during the 2nd quarter. Principal Financial Group Inc. now owns 1,242,484 shares of the financial services provider’s stock worth $71,132,000 after acquiring an additional 614,788 shares during the last quarter. 81.25% of the stock is owned by institutional investors.

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Arthur J. Gallagher & Co. (NYSE:AJG) traded up 0.06% during midday trading on Monday, reaching $62.96. The company’s stock had a trading volume of 512,773 shares. The company has a market cap of $11.34 billion, a PE ratio of 25.39 and a beta of 1.21. Arthur J. Gallagher & Co. has a 12 month low of $47.16 and a 12 month high of $63.14. The stock has a 50-day moving average price of $61.05 and a 200 day moving average price of $58.23.

Arthur J. Gallagher & Co. Company Profile

Arthur J. Gallagher & Co and its subsidiaries are engaged in providing insurance brokerage and consulting services, and third-party claims settlement and administration services to both domestic and international entities. The Company operates through three segments: brokerage, risk management and corporate.

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Earnings History and Estimates for Arthur J. Gallagher & Co. (NYSE:AJG)

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