After Hours
There may be slightly higher risks associated with pre-market and after-hours trading than during regular market hours. Due to the fact that issuers often announce critical financial information outside of regular trading hours, extended-hours trading may result in wider spreads for particular securities. The stock was recently discussed on Yahoo Finance as it revealed that Arthur J. Gallagher & Co. Acquires Simply-Communicate Ltd.
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Stocks Info
As a NYSE listed company, AJG falls under the Financial sector while operating within the Insurance Brokers industry segment. The current market capitalization of Arthur J. Gallagher & Co. is $52.41B. A total of 1.11 million shares were traded on the day, compared to an average of 966.83K shares.
Insider Activity
Aside from predicting where a stock will go, investors also consider insider trades as an indicator of the stock’s future direction. During the recent three months, AJG has seen 0 BUY and 0 SELL insider trades, representing the acquisition of 0 and the disposition of 0 shares. Over the last 12 months, there were 78 BUYs and 86 SELLs from insiders. Insiders purchased 868,995 shares during that period but sold 704,161.
In the most recent transaction, HOWELL DOUGLAS K sold 5,000 shares of AJG for 239.15 per share on Feb 15. After the transaction, the VP & Chief Financial Officer now owns 90,942 company shares. In a previous transaction on Feb 14, HOWELL DOUGLAS K sold 7,000 shares at 238.63 per share. AJG shares that VP & Chief Financial Officer owns now total 95,942.
Among the insiders who sold shares, Mead Christopher E disposed of 3,700 shares on Feb 14 at a per-share price of $237.59. This resulted in the VICE PRESIDENT holding 10,816 shares of AJG after the transaction. In another insider transaction, GALLAGHER THOMAS JOSEPH sold 12,309 shares at $237.65 per share on Feb 08. Company shares held by the VICE PRESIDENT now total 322,797.
Dividend
Investors prefer companies that pay dividends because dividends generate immediate cash flow and indicate a positive outlook. Arthur J. Gallagher & Co. pays an annual dividend of $2.20, resulting in a dividend yield of 0.91%, and it has a price to earnings (P/E) ratio of 54.46. AJG’s most recent ex-dividend date was 2/29/2024 when it declared a $0.60 quarterly dividend that was paid in cash on 3/15/2024. Previously, the company paid the dividend on 12/15/2023 with an ex-dividend date of 11/30/2023. The AJG stock dividend was $0.55 per share in cash.
In spite of price targets being rarely accurate, it tends to exert some kind influence from time to time, and was often accepted by the market as having some value. According to analysts who have offered 12-month price targets for AJG in the last 3 months, the mean price target is $255.05 with high estimates of $280.00 and low estimates of $205.00. In terms of 52-week highs and lows, AJG has a high of $254.00 and a low of $174.45.
As of this writing, AJG has an earnings estimate of $3.46 per share for the current quarter. EPS was calculated based on a consensus of 15 estimates, with a high estimate of $3.56 per share and a lower estimate of $3.41. The company reported an EPS of $2 in the last quarter, which was 2.60% higher than expectations of $1.95.
Balance Sheet Annually/Quarterly
The balance sheet of a company shows what assets and liabilities a company has, as well as the amount, equity investors have invested. With the help of this information, a company’s financial ratios can be calculated to give investors an overview of the company’s prospects. 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 $49.72, while its Total Shareholder’s Equity was $8.56B.
Analysts Opinion
The risks associated with pre-market and after-hours trading may be slightly higher than the regular market hours. The reason is that extended-hours trading may result in wider spreads for particular security due to lower liquidity and higher volatility as issuers often announce critical financial information outside 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 4.00.
