Y Intercept Hong Kong Ltd Invests $1.11 Million in Brown & Brown, Inc. $BRO

Y Intercept Hong Kong Ltd bought a new stake in Brown & Brown, Inc. (NYSE:BRO) during the third quarter, Holdings Channel.com reports. The fund bought 11,790 shares of the financial services provider’s stock, valued at approximately $1,106,000.

Several other hedge funds and other institutional investors also recently bought and sold shares of BRO. Tower Wealth Partners Inc. lifted its position in Brown & Brown by 4.6% in the second quarter. Tower Wealth Partners Inc. now owns 2,464 shares of the financial services provider’s stock valued at $273,000 after purchasing an additional 108 shares during the period. Western Wealth Management LLC raised its stake in Brown & Brown by 6.0% in the 2nd quarter. Western Wealth Management LLC now owns 1,902 shares of the financial services provider’s stock valued at $211,000 after purchasing an additional 108 shares during the last quarter. ICONIQ Capital LLC raised its holdings in Brown & Brown by 5.4% in the 2nd quarter. ICONIQ Capital LLC now owns 2,110 shares of the financial services provider’s stock valued at $234,000 after acquiring an additional 109 shares during the last quarter. Kingsview Wealth Management LLC lifted its holdings in shares of Brown & Brown by 2.2% during the 2nd quarter. Kingsview Wealth Management LLC now owns 5,267 shares of the financial services provider’s stock worth $584,000 after acquiring an additional 114 shares during the period. Finally, Freedom Day Solutions LLC boosted its holdings in shares of Brown & Brown by 0.7% in the 3rd quarter. Freedom Day Solutions LLC now owns 18,632 shares of the financial services provider’s stock valued at $1,747,000 after purchasing an additional 129 shares during the last quarter. 71.01% of the stock is owned by hedge funds and other institutional investors.

Trending Headlines about Brown & Brown

Here are the key news stories impacting Brown & Brown this week:

• Positive Sentiment: Keefe, Bruyette & Woods upgraded BRO from “underperform” to “market perform” (price target lowered to $73), a sign some analysts view downside as limited after recent weakness. Article Title
• Positive Sentiment: Argus upgraded the stock to a “hold,” which could provide modest support as some investors interpret upgrades as a floor for further selling. Article Title
• Neutral Sentiment: Q4 results were mixed: EPS $0.93 beat consensus $0.91, while revenue of $1.61B missed estimates (~$1.65B). EPS growth was solid year-over-year, but the revenue miss and management commentary appear to have prompted downward revisions from some analysts.
• Negative Sentiment: Bank of America lowered its long-term earnings outlook and cut its price target to $90 (from $94), citing Q4 results as the catalyst for lower forward assumptions—this reduces analyst confidence in near-term growth. Article Title
• Negative Sentiment: Mizuho lowered its expectations for BRO, further signaling analyst skepticism about upside following Q4. Article Title
• Negative Sentiment: Morgan Stanley cut its price target to $78 (now equal weight), reducing the consensus view of upside and suggesting more limited near-term appreciation. Article Title
• Negative Sentiment: BMO Capital Markets lowered its price target to $81 and placed a “market perform” rating, another downward revision tightening analyst price expectations. Article Title
• Negative Sentiment: Pomerantz LLP announced an investor investigation into Brown & Brown, which raises legal/settlement risk and can pressure the stock while the probe proceeds. Article Title
• Negative Sentiment: Coverage noted BRO reached a new 12-month low after recent analyst downgrades, reflecting the cumulative impact of cuts and the investigation on investor sentiment. Article Title

Brown & Brown Stock Performance

BRO opened at $72.09 on Friday. Brown & Brown, Inc. has a 12-month low of $71.32 and a 12-month high of $125.68. The stock’s 50 day moving average price is $79.29 and its two-hundred day moving average price is $87.28. The firm has a market capitalization of $24.61 billion, a P/E ratio of 22.53, a price-to-earnings-growth ratio of 2.17 and a beta of 0.81. The company has a quick ratio of 2.10, a current ratio of 1.67 and a debt-to-equity ratio of 0.55.

Brown & Brown (NYSE:BRO) last issued its quarterly earnings results on Monday, January 26th. The financial services provider reported $0.93 earnings per share for the quarter, beating analysts’ consensus estimates of $0.91 by $0.02. The firm had revenue of $1.61 billion during the quarter, compared to the consensus estimate of $1.65 billion. Brown & Brown had a net margin of 17.84% and a return on equity of 12.93%. The business’s revenue was up 35.7% on a year-over-year basis. During the same period in the prior year, the firm earned $0.86 EPS. On average, equities analysts forecast that Brown & Brown, Inc. will post 4.18 earnings per share for the current year.

Brown & Brown Dividend Announcement

The firm also recently disclosed a quarterly dividend, which will be paid on Wednesday, February 11th. Shareholders of record on Wednesday, February 4th will be paid a $0.165 dividend. The ex-dividend date of this dividend is Wednesday, February 4th. This represents a $0.66 dividend on an annualized basis and a yield of 0.9%. Brown & Brown’s payout ratio is currently 20.63%.

Wall Street Analysts Forecast Growth

A number of equities analysts have weighed in on BRO shares. Wolfe Research began coverage on Brown & Brown in a report on Thursday, November 20th. They issued a “peer perform” rating for the company. Mizuho cut their price target on Brown & Brown from $90.00 to $84.00 and set a “neutral” rating on the stock in a report on Wednesday. BMO Capital Markets dropped their target price on Brown & Brown from $88.00 to $81.00 and set a “market perform” rating on the stock in a report on Thursday. Morgan Stanley dropped their target price on shares of Brown & Brown from $85.00 to $78.00 and set an “equal weight” rating on the stock in a report on Thursday. Finally, Raymond James Financial restated an “outperform” rating on shares of Brown & Brown in a research report on Monday, November 3rd. Three research analysts have rated the stock with a Buy rating and fifteen have given a Hold rating to the company. According to data from MarketBeat.com, the company currently has a consensus rating of “Hold” and an average target price of $90.64.

Brown & Brown Profile

Brown & Brown, Inc (NYSE: BRO) is a professional insurance brokerage and risk advisory firm that provides a broad range of property and casualty, employee benefits, personal risk, and specialty insurance products. The company works with commercial, public sector and individual clients to design and place insurance programs, manage claims and loss control, and deliver risk management consulting. Its services also include wholesale brokerage, program administration and other specialty distribution solutions that connect carriers and intermediaries to niche markets.

Brown & Brown operates through a decentralized model of operating units and subsidiaries, enabling local client service with the scale to access national and specialty markets.