Brown & Brown (NYSE:BRO – Get Free Report) had its target price decreased by equities researchers at The Goldman Sachs Group from $82.00 to $73.00 in a research report issued to clients and investors on Wednesday,Benzinga reports. The firm presently has a “neutral” rating on the financial services provider’s stock. The Goldman Sachs Group’s price target would indicate a potential upside of 8.73% from the stock’s current price.
Other analysts have also recently issued reports about the company. Royal Bank Of Canada started coverage on Brown & Brown in a report on Tuesday, March 17th. They set a “sector perform” rating and a $76.00 price objective for the company. Jefferies Financial Group dropped their price objective on Brown & Brown from $89.00 to $84.00 and set a “hold” rating for the company in a report on Wednesday, January 28th. Mizuho raised Brown & Brown from a “neutral” rating to an “outperform” rating and boosted their price objective for the stock from $84.00 to $85.00 in a report on Friday, February 27th. Bank of America dropped their price objective on Brown & Brown from $94.00 to $90.00 and set a “neutral” rating for the company in a report on Tuesday, January 27th. Finally, Morgan Stanley dropped their price objective on Brown & Brown from $76.00 to $70.00 and set an “equal weight” rating for the company in a report on Monday. Four analysts have rated the stock with a Buy rating and fifteen have given a Hold rating to the company’s stock. Based on data from MarketBeat.com, Brown & Brown currently has an average rating of “Hold” and an average price target of $84.47.
Brown & Brown Stock Performance
Brown & Brown (NYSE:BRO – Get Free Report) last announced its quarterly earnings data on Monday, January 26th. The financial services provider reported $0.93 earnings per share for the quarter, topping the consensus estimate of $0.91 by $0.02. The firm had revenue of $1.61 billion during the quarter, compared to analysts’ expectations of $1.65 billion. Brown & Brown had a return on equity of 12.93% and a net margin of 17.84%.The company’s quarterly revenue was up 35.7% compared to the same quarter last year. During the same period in the previous year, the business posted $0.86 EPS. On average, research analysts anticipate that Brown & Brown will post 4.18 earnings per share for the current fiscal year.
Institutional Trading of Brown & Brown
A number of institutional investors and hedge funds have recently modified their holdings of BRO. ICONIQ Capital LLC lifted its stake in shares of Brown & Brown by 5.4% in the 2nd quarter. ICONIQ Capital LLC now owns 2,110 shares of the financial services provider’s stock valued at $234,000 after purchasing an additional 109 shares during the period. Zacks Investment Management grew its stake in Brown & Brown by 0.7% in the third quarter. Zacks Investment Management now owns 17,854 shares of the financial services provider’s stock worth $1,675,000 after purchasing an additional 125 shares during the period. Freedom Day Solutions LLC raised its holdings in Brown & Brown by 0.7% in the third quarter. Freedom Day Solutions LLC now owns 18,632 shares of the financial services provider’s stock worth $1,747,000 after purchasing an additional 129 shares in the last quarter. Baker Tilly Wealth Management LLC raised its holdings in Brown & Brown by 4.1% in the third quarter. Baker Tilly Wealth Management LLC now owns 3,330 shares of the financial services provider’s stock worth $312,000 after purchasing an additional 132 shares in the last quarter. Finally, Private Trust Co. NA lifted its position in Brown & Brown by 13.1% during the fourth quarter. Private Trust Co. NA now owns 1,147 shares of the financial services provider’s stock valued at $91,000 after buying an additional 133 shares during the period. 71.01% of the stock is owned by institutional investors.
Brown & Brown News Summary
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
Brown & Brown Company Profile
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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