Rep. Dan Newhouse Sells Off Shares of Brown & Brown, Inc. (NYSE:BRO)

Representative Dan Newhouse (R-Washington) recently sold shares of Brown & Brown, Inc. (NYSE:BRO). In a filing disclosed on January 15th, the Representative disclosed that they had sold between $1,001 and $15,000 in Brown & Brown stock on December 11th. The trade occurred in the Representative’s “EDWARD JONES IRA” account.

Representative Dan Newhouse also recently made the following trade(s):

• Purchased $1,001 – $15,000 in shares of Royal Caribbean Cruises (NYSE:RCL) on 12/31/2025.
• Purchased $1,001 – $15,000 in shares of Broadridge Financial Solutions (NYSE:BR) on 12/31/2025.
• Purchased $1,001 – $15,000 in shares of Synopsys (NASDAQ:SNPS) on 12/31/2025.
• Purchased $1,001 – $15,000 in shares of Charles Schwab (NYSE:SCHW) on 12/11/2025.
• Sold $1,001 – $15,000 in shares of Alphabet (NASDAQ:GOOGL) on 12/11/2025.
• Purchased $1,001 – $15,000 in shares of T-Mobile US (NASDAQ:TMUS) on 12/11/2025.
• Purchased $1,001 – $15,000 in shares of Blackstone (NYSE:BX) on 12/11/2025.
• Purchased $1,001 – $15,000 in shares of Textron (NYSE:TXT) on 12/11/2025.
• Sold $1,001 – $15,000 in shares of Magna International (NYSE:MGA) on 12/11/2025.
• Sold $1,001 – $15,000 in shares of Truist Financial (NYSE:TFC) on 12/11/2025.

Brown & Brown Stock Performance

Shares of Brown & Brown stock opened at $80.12 on Monday. The company has a current ratio of 2.10, a quick ratio of 2.10 and a debt-to-equity ratio of 0.62. The stock’s fifty day moving average price is $79.97 and its 200-day moving average price is $89.32. The firm has a market cap of $27.35 billion, a P/E ratio of 23.99, a P/E/G ratio of 1.78 and a beta of 0.81. Brown & Brown, Inc. has a 12 month low of $76.17 and a 12 month high of $125.68.

Brown & Brown (NYSE:BRO) last issued its earnings results on Monday, October 27th. The financial services provider reported $1.05 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.90 by $0.15. The company had revenue of $1.55 billion for the quarter, compared to analysts’ expectations of $1.54 billion. Brown & Brown had a net margin of 18.23% and a return on equity of 13.64%. The firm’s quarterly revenue was up 35.4% on a year-over-year basis. During the same period in the prior year, the business earned $0.91 EPS. On average, equities research analysts expect that Brown & Brown, Inc. will post 4.18 earnings per share for the current fiscal year.

Brown & Brown Increases Dividend

The company also recently declared a quarterly dividend, which was paid on Wednesday, November 12th. Stockholders of record on Wednesday, November 5th were given a dividend of $0.165 per share. This represents a $0.66 dividend on an annualized basis and a dividend yield of 0.8%. The ex-dividend date of this dividend was Wednesday, November 5th. This is a positive change from Brown & Brown’s previous quarterly dividend of $0.15. Brown & Brown’s dividend payout ratio is currently 19.76%.

Hedge Funds Weigh In On Brown & Brown

Several hedge funds and other institutional investors have recently modified their holdings of BRO. Parallel Advisors LLC increased its stake in Brown & Brown by 4.3% during the 2nd quarter. Parallel Advisors LLC now owns 2,508 shares of the financial services provider’s stock valued at $278,000 after purchasing an additional 103 shares in the last quarter. Tower Wealth Partners Inc. grew its holdings in shares of Brown & Brown by 4.6% during the second quarter. Tower Wealth Partners Inc. now owns 2,464 shares of the financial services provider’s stock valued at $273,000 after buying an additional 108 shares during the last quarter. Western Wealth Management LLC increased its position in shares of 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 acquiring an additional 108 shares during the period. ICONIQ Capital LLC raised its stake 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 worth $234,000 after acquiring an additional 109 shares during the last quarter. Finally, Kingsview Wealth Management LLC lifted its position in 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. 71.01% of the stock is owned by hedge funds and other institutional investors.

Analysts Set New Price Targets

Several brokerages recently issued reports on BRO. BMO Capital Markets reissued a “market perform” rating on shares of Brown & Brown in a report on Tuesday, December 30th. Bank of America reiterated a “neutral” rating and issued a $97.00 price target (down from $135.00) on shares of Brown & Brown in a report on Monday, November 3rd. Truist Financial decreased their price objective on Brown & Brown from $114.00 to $105.00 and set a “buy” rating for the company in a research note on Thursday. Mizuho set a $89.00 price objective on Brown & Brown and gave the company a “neutral” rating in a research report on Monday, December 15th. Finally, Wells Fargo & Company reduced their target price on shares of Brown & Brown from $92.00 to $84.00 and set an “equal weight” rating for the company in a report on Tuesday, January 13th. Four research analysts have rated the stock with a Buy rating, fourteen have assigned a Hold rating and one has assigned a Sell rating to the company. Based on data from MarketBeat.com, Brown & Brown has an average rating of “Hold” and a consensus target price of $98.67.

About Representative Newhouse

Dan Newhouse (Republican Party) is a member of the U.S. House, representing Washington’s 4th Congressional District. He assumed office on January 3, 2015. His current term ends on January 3, 2027.

Newhouse (Republican Party) ran for re-election to the U.S. House to represent Washington’s 4th Congressional District. He won in the general election on November 5, 2024.

Click here to see Newhouse’s key votes in Congress.

Newhouse served as a member of the Washington House of Representatives representing District 15-Position 2 from 2003 through 2009 and as Washington Director of Agriculture from 2009 to 2013.

Newhouse was first elected to the state House in 2002 and served until he was named state Director of Agriculture in 2009. He was first appointed by Governor Christine Gregoire on February 18, 2009.

About Brown & Brown

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.