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Wednesday, December 6, 2023

Arthur J. Gallagher & Co. (NYSE: AJG): Is It A Buying Opportunity Again?

After Hours

After-hours and pre-market trading may carry slightly higher risks than regular market hours. As issuers often announce important financial information outside regular trading hours, extended-hours trading may result in wider spreads for a particular security. That is because extended-hours trading may result in lower liquidity and higher volatility. After-hours trades for Arthur J. Gallagher & Co. (AJG) shows that investor sentiment remained broken, with the stock’s consolidated last price falling by -$0.57, or -0.23%, to $245.00. The Arthur J. Gallagher & Co. has recorded 21,135 volume in the after hours trading session. The stock was recently discussed on Yahoo Finance as it revealed that Arthur J. Gallagher & Co. Acquires WDK Benefits, LLC.

Stocks Info

AJG belongs to the Financial sector of the NYSE while operating in the Insurance Brokers industry. At the end of the last regular session, the stock closed at $245.57 and fluctuated between $246.91 as its day high and $241.46 as its day low. The current market capitalization of Arthur J. Gallagher & Co. is $53.02B. A total of 0.83 million shares were traded on the day, compared to an average of 741.34K shares.

Insider Activity

Investors also take into account insider trades in predicting how the stock will perform in the future. During the recent three months, AJG has seen 5 BUY and 11 SELL insider trades, representing the acquisition of 231,184 and the disposition of 195,091 shares. Over the last 12 months, there were 78 BUYs and 96 SELLs from insiders. Insiders purchased 746,105 shares during that period but sold 639,575.

In the most recent transaction, Ziebell William F sold 20,067 shares of AJG for 241.22 per share on Nov 03. After the transaction, the VICE PRESIDENT now owns 35,228 company shares. In a previous transaction on Oct 31, Mead Christopher E sold 3,000 shares at 236.34 per share. AJG shares that VICE PRESIDENT owns now total 10,816.

Among the insiders who sold shares, Cavaness Joel D disposed of 1,171 shares on Oct 31 at a per-share price of $236.05. This resulted in the Vice President holding 2,023 shares of AJG after the transaction. In another insider transaction, HOWELL DOUGLAS K sold 15,000 shares at $234.94 per share on Sep 19. Company shares held by the VP & Chief Financial Officer now total 127,942.


Paying dividends generates immediate cash flow for investors and indicates a positive outlook for the company. Arthur J. Gallagher & Co. pays an annual dividend of $2.21, resulting in a dividend yield of 0.90%, and it has a price to earnings (P/E) ratio of 47.09. AJG’s most recent ex-dividend date was 11/30/2023 when it declared a $0.55 quarterly dividend that was paid in cash on 12/15/2023. Previously, the company paid the dividend on 9/15/2023 with an ex-dividend date of 8/31/2023. The AJG stock dividend was $0.55 per share in cash.

While price targets are rarely accurate, they tend to exert some kind of influence from time to time and are often taken into account by investors. According to analysts who have offered 12-month price targets for AJG in the last 3 months, the mean price target is $251.94 with high estimates of $277.00 and low estimates of $187.00. In terms of 52-week highs and lows, AJG has a high of $245.07 and a low of $174.45.

As of this writing, AJG has an earnings estimate of $1.95 per share for the current quarter. EPS was calculated based on a consensus of 15 estimates, with a high estimate of $2.06 per share and a lower estimate of $1.9. The company reported an EPS of $3.03 in the last quarter, which was 1.30% higher than expectations of $2.99.

Balance Sheet Annually/Quarterly

An organization’s balance sheet depicts the assets and liabilities it has, as well as the amount of equity invested. Investors can measure a company’s prospects by calculating its financial ratios using this information. AJG’s latest balance sheet shows that the firm has $402.60M in Cash & Short Term Investments as of fiscal 2021. There were $6.59B in debt and $16.73B in liabilities at the time. Its Book Value Per Share was $48.46, while its Total Shareholder’s Equity was $8.56B.

Analysts Opinion

There is a slight risk associated with trading before and after the market open. Due to lower liquidity and higher volatility, extended-hours trading may result in wider spreads on particular security due to the release of critical financial information after regular trading hours. Currently, 0 analysts are providing their opinions on the stock. On a scale of 1 to 5, with 1 being Sell and 5 being Buy, the average analyst rating for AJG is Buy with a score of 4.43.

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