Rep. Lisa C. McClain Buys Brown & Brown, Inc. (NYSE:BRO) Stock

Representative Lisa C. McClain (R-Michigan) recently bought shares of Brown & Brown, Inc. (NYSE:BRO). In a filing disclosed on September 12th, the Representative disclosed that they had bought between $1,001 and $15,000 in Brown & Brown stock on August 4th. The trade occurred in the Representative’s “CHARLES SCHWAB BROKERAGE ACCOUNT 924” account.

Representative Lisa C. McClain also recently made the following trade(s):

• Sold $50,001 – $100,000 in shares of Taiwan Semiconductor Manufacturing (NYSE:TSM) on 8/28/2025.
• Purchased $1,001 – $15,000 in shares of ACI Worldwide (NASDAQ:ACIW) on 8/19/2025.
• Purchased $1,001 – $15,000 in shares of HCA Healthcare (NYSE:HCA) on 8/19/2025.
• Sold $1,001 – $15,000 in shares of Amedisys (NASDAQ:AMED) on 8/18/2025.
• Purchased $1,001 – $15,000 in shares of Kite Realty Group Trust (NYSE:KRG) on 8/13/2025.
• Sold $1,001 – $15,000 in shares of ServiceNow (NYSE:NOW) on 8/13/2025.
• Purchased $1,001 – $15,000 in shares of JD.com (NASDAQ:JD) on 8/13/2025.
• Sold $1,001 – $15,000 in shares of Trade Desk (NASDAQ:TTD) on 8/13/2025.
• Sold $1,001 – $15,000 in shares of US Foods (NYSE:USFD) on 8/13/2025.
• Purchased $1,001 – $15,000 in shares of Agree Realty (NYSE:ADC) on 8/13/2025.

Brown & Brown Price Performance

Shares of BRO opened at $91.79 on Monday. The firm has a market capitalization of $30.27 billion, a price-to-earnings ratio of 26.45, a price-to-earnings-growth ratio of 2.07 and a beta of 0.80. The company has a debt-to-equity ratio of 0.64, a quick ratio of 6.72 and a current ratio of 6.72. Brown & Brown, Inc. has a one year low of $89.99 and a one year high of $125.68. The stock’s fifty day moving average is $96.41 and its 200-day moving average is $107.45.

Brown & Brown (NYSE:BRO) last issued its quarterly earnings results on Monday, July 28th. The financial services provider reported $1.03 EPS for the quarter, beating analysts’ consensus estimates of $0.99 by $0.04. The company had revenue of $1.29 billion for the quarter, compared to analyst estimates of $1.28 billion. Brown & Brown had a return on equity of 15.10% and a net margin of 19.89%.The company’s quarterly revenue was up 9.1% compared to the same quarter last year. During the same period last year, the company earned $0.93 earnings per share. Equities analysts anticipate that Brown & Brown, Inc. will post 4.18 EPS for the current year.

Brown & Brown Announces Dividend

The firm also recently declared a quarterly dividend, which was paid on Wednesday, August 20th. Stockholders of record on Wednesday, August 13th were issued a dividend of $0.15 per share. This represents a $0.60 dividend on an annualized basis and a dividend yield of 0.7%. The ex-dividend date of this dividend was Wednesday, August 13th. Brown & Brown’s dividend payout ratio (DPR) is 17.29%.

Insider Buying and Selling

In related news, Director Bronislaw Edmund Masojada acquired 1,000 shares of the business’s stock in a transaction that occurred on Wednesday, August 6th. The shares were acquired at an average cost of $91.44 per share, with a total value of $91,440.00. Following the purchase, the director owned 5,000 shares of the company’s stock, valued at approximately $457,200. The trade was a 25.00% increase in their ownership of the stock. The acquisition was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. Also, Director Paul J. Krump purchased 2,678 shares of the company’s stock in a transaction on Friday, August 8th. The stock was acquired at an average cost of $93.31 per share, for a total transaction of $249,884.18. Following the completion of the transaction, the director owned 5,353 shares in the company, valued at approximately $499,488.43. This trade represents a 100.11% increase in their ownership of the stock. The disclosure for this purchase can be found here. 15.59% of the stock is currently owned by company insiders.

Analyst Upgrades and Downgrades

A number of brokerages have recently commented on BRO. Keefe, Bruyette & Woods lowered their price target on Brown & Brown from $104.00 to $87.00 and set an “underperform” rating on the stock in a report on Thursday, July 31st. Raymond James Financial reaffirmed an “outperform” rating and set a $120.00 target price (down previously from $125.00) on shares of Brown & Brown in a research note on Monday, August 4th. Bank of America raised Brown & Brown from a “neutral” rating to a “buy” rating and raised their target price for the company from $126.00 to $130.00 in a research note on Wednesday, July 30th. Truist Financial set a $120.00 target price on Brown & Brown in a research note on Wednesday, July 30th. Finally, Barclays decreased their target price on Brown & Brown from $111.00 to $108.00 and set an “equal weight” rating for the company in a research note on Tuesday, July 29th. Seven analysts have rated the stock with a Buy rating, seven have assigned a Hold rating and one has assigned a Sell rating to the company’s stock. According to MarketBeat, the stock presently has a consensus rating of “Hold” and an average target price of $112.64.

Institutional Inflows and Outflows

Institutional investors have recently made changes to their positions in the stock. Bares Capital Management Inc. bought a new position in shares of Brown & Brown in the 1st quarter valued at approximately $26,000. ST Germain D J Co. Inc. raised its stake in shares of Brown & Brown by 298.5% in the 2nd quarter. ST Germain D J Co. Inc. now owns 267 shares of the financial services provider’s stock valued at $30,000 after acquiring an additional 200 shares in the last quarter. Darwin Wealth Management LLC bought a new position in shares of Brown & Brown in the 2nd quarter valued at approximately $30,000. Sunbelt Securities Inc. raised its stake in shares of Brown & Brown by 581.8% in the 4th quarter. Sunbelt Securities Inc. now owns 300 shares of the financial services provider’s stock valued at $31,000 after acquiring an additional 256 shares in the last quarter. Finally, Optimum Investment Advisors bought a new position in shares of Brown & Brown in the 1st quarter valued at approximately $31,000. 71.01% of the stock is owned by institutional investors.

About Representative McClain

Lisa McClain (Republican Party) is a member of the U.S. House, representing Michigan’s 9th Congressional District. She assumed office on January 3, 2023. Her current term ends on January 3, 2027.

McClain (Republican Party) is running for re-election to the U.S. House to represent Michigan’s 9th Congressional District. She declared candidacy for the 2026 election.

Lisa McClain lives in Romeo, Michigan. McClain earned a bachelor’s degree in business administration from Northwood University. Her career experience includes founding and working as the president of North End Support Team.

About Brown & Brown

Brown & Brown, Inc is an insurance agency, wholesale brokerage, insurance program and service organization. It engages in the provision of insurance brokerage services and casualty insurance underwriting services. It operates through the following segments: Retail, National Programs, Wholesale Brokerage, and Services.