Brown & Brown (NYSE:BRO – Get Free Report) had its target price dropped by equities research analysts at Barclays from $80.00 to $72.00 in a note issued to investors on Wednesday,Benzinga reports. The brokerage currently has an “equal weight” rating on the financial services provider’s stock. Barclays‘s price objective indicates a potential upside of 7.24% from the company’s current price.
Other equities analysts also recently issued reports about the company. Keefe, Bruyette & Woods boosted their price objective on Brown & Brown from $73.00 to $74.00 and gave the company a “market perform” rating in a research report on Tuesday. Argus upgraded Brown & Brown to a “hold” rating in a research report on Tuesday, January 27th. Truist Financial lowered their price objective on Brown & Brown from $105.00 to $100.00 and set a “buy” rating on the stock in a research report on Wednesday, January 28th. Jefferies Financial Group lowered their price objective on Brown & Brown from $89.00 to $84.00 and set a “hold” rating on the stock in a research report on Wednesday, January 28th. Finally, Royal Bank Of Canada assumed coverage on Brown & Brown in a research report on Tuesday, March 17th. They issued a “sector perform” rating and a $76.00 price objective on the stock. Four equities research analysts have rated the stock with a Buy rating and fifteen have given a Hold rating to the stock. According to data from MarketBeat.com, the company presently has an average rating of “Hold” and an average price target of $84.47.
Check Out Our Latest Stock Report on Brown & Brown
Brown & Brown Stock Performance
Brown & Brown (NYSE:BRO – Get Free Report) last released its quarterly earnings results on Monday, January 26th. The financial services provider reported $0.93 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.91 by $0.02. Brown & Brown had a return on equity of 12.93% and a net margin of 17.84%.The business had revenue of $1.61 billion during the quarter, compared to analyst estimates of $1.65 billion. During the same quarter in the previous year, the company posted $0.86 earnings per share. Brown & Brown’s revenue for the quarter was up 35.7% on a year-over-year basis. Analysts forecast that Brown & Brown will post 4.18 EPS for the current year.
Hedge Funds Weigh In On Brown & Brown
Several institutional investors have recently added to or reduced their stakes in BRO. AQR Capital Management LLC grew its holdings in Brown & Brown by 38.3% during the 1st quarter. AQR Capital Management LLC now owns 33,444 shares of the financial services provider’s stock valued at $4,132,000 after buying an additional 9,264 shares in the last quarter. Focus Partners Wealth grew its holdings in Brown & Brown by 5.2% during the 1st quarter. Focus Partners Wealth now owns 11,149 shares of the financial services provider’s stock valued at $1,387,000 after buying an additional 547 shares in the last quarter. Arrowstreet Capital Limited Partnership grew its holdings in Brown & Brown by 1,824.7% during the 2nd quarter. Arrowstreet Capital Limited Partnership now owns 53,103 shares of the financial services provider’s stock valued at $5,888,000 after buying an additional 50,344 shares in the last quarter. EverSource Wealth Advisors LLC grew its holdings in Brown & Brown by 27.1% during the 2nd quarter. EverSource Wealth Advisors LLC now owns 1,045 shares of the financial services provider’s stock valued at $116,000 after buying an additional 223 shares in the last quarter. Finally, Federated Hermes Inc. grew its holdings in Brown & Brown by 1,413.8% during the 2nd quarter. Federated Hermes Inc. now owns 213,101 shares of the financial services provider’s stock valued at $23,627,000 after buying an additional 199,024 shares in the last quarter. Hedge funds and other institutional investors own 71.01% of the company’s stock.
Key Brown & Brown News
Here are the key news stories impacting Brown & Brown this week:
- Positive Sentiment: Keefe, Bruyette & Woods raised its price target to $74, showing some analyst support that tempers downside risk. Keefe Bruyette & Woods Raises PT to $74
- Positive Sentiment: MarketWatch noted Brown & Brown’s stock rose on Wednesday, indicating intermittent buying interest despite underperformance versus the broader market. MarketWatch: Stock Rises Wednesday
- Positive Sentiment: Brown & Brown published its 2025 Global Impact ESG Report, which can support investor confidence among ESG‑focused holders and longer‑term reputation/operational benefits. Brown & Brown Releases 2025 Global Impact ESG Report
- Neutral Sentiment: Zacks highlights that Brown & Brown’s acquisition strategy drove strong top‑line growth (revenues +22.8%) including the large Accession deal, but integration costs are weighing on margins — a mixed near‑term read for profitability. Zacks: Acquisition Strategy Boosts Revenues; Margins in Focus
- Negative Sentiment: JPMorgan cut its price target from $91 to $85 and moved to a “neutral” rating — a notable analyst downgrade that likely weighed on sentiment. Benzinga: JPMorgan Lowers PT to $85
- Negative Sentiment: Goldman Sachs trimmed its target to $73 and set a “neutral” rating, adding to the cluster of large‑bank caution. Benzinga: Goldman Lowers PT to $73
- Negative Sentiment: Barclays lowered its target to $72 (equal weight), further compressing analyst upside and pressuring sentiment. Benzinga: Barclays Lowers PT to $72
- Negative Sentiment: Wells Fargo trimmed its target to $72 and moved to “equal weight,” joining peers in reducing expectations. Benzinga: Wells Fargo Lowers PT to $72
- Negative Sentiment: Morgan Stanley lowered its expectations for BRO, another sign of analyst caution that contributes to selling pressure. American Banking News: Morgan Stanley Lowers Expectations
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.
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