Wells Fargo & Company Issues Pessimistic Forecast for Brown & Brown (NYSE:BRO) Stock Price

Brown & Brown (NYSE:BRO) had its price target lowered by analysts at Wells Fargo & Company from $84.00 to $82.00 in a research report issued to clients and investors on Wednesday,Benzinga reports. The brokerage currently has an “equal weight” rating on the financial services provider’s stock. Wells Fargo & Company‘s target price suggests a potential upside of 13.81% from the company’s previous close.

A number of other equities research analysts have also issued reports on the stock. UBS Group reduced their target price on shares of Brown & Brown from $120.00 to $106.00 and set a “neutral” rating on the stock in a report on Wednesday, October 8th. JPMorgan Chase & Co. started coverage on Brown & Brown in a research note on Thursday, December 18th. They issued a “neutral” rating and a $91.00 price objective on the stock. Truist Financial decreased their target price on Brown & Brown from $105.00 to $100.00 and set a “buy” rating for the company in a report on Wednesday. Bank of America cut their price target on Brown & Brown from $94.00 to $90.00 and set a “neutral” rating on the stock in a report on Tuesday. Finally, Citigroup lowered Brown & Brown from a “buy” rating to a “neutral” rating in a research report on Monday, November 3rd. Three research analysts have rated the stock with a Buy rating and fifteen have issued a Hold rating to the stock. According to MarketBeat, the company presently has an average rating of “Hold” and a consensus target price of $90.64.

Brown & Brown Stock Performance

Shares of Brown & Brown stock opened at $72.05 on Wednesday. The stock has a market capitalization of $24.60 billion, a price-to-earnings ratio of 22.52, a price-to-earnings-growth ratio of 2.16 and a beta of 0.81. The company has a debt-to-equity ratio of 0.55, a current ratio of 1.67 and a quick ratio of 2.10. The business has a 50-day moving average of $79.46 and a 200 day moving average of $87.66. Brown & Brown has a 12 month low of $71.48 and a 12 month high of $125.68.

Brown & Brown (NYSE:BRO) last issued its quarterly earnings results on Monday, January 26th. The financial services provider reported $0.93 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.91 by $0.02. Brown & Brown had a net margin of 17.84% and a return on equity of 12.93%. The business had revenue of $1.61 billion for the quarter, compared to analysts’ expectations of $1.65 billion. During the same quarter in the prior year, the company earned $0.86 earnings per share. The business’s quarterly revenue was up 35.7% on a year-over-year basis. As a group, sell-side analysts forecast that Brown & Brown will post 4.18 earnings per share for the current year.

Institutional Investors Weigh In On Brown & Brown

Several institutional investors have recently added to or reduced their stakes in BRO. Cornerstone Planning Group LLC increased its stake in Brown & Brown by 423.1% in the third quarter. Cornerstone Planning Group LLC now owns 272 shares of the financial services provider’s stock valued at $26,000 after purchasing an additional 220 shares during the last quarter. Darwin Wealth Management LLC purchased a new stake in shares of Brown & Brown during the 2nd quarter worth approximately $30,000. Motco acquired a new position in shares of Brown & Brown in the 2nd quarter valued at $32,000. Board of the Pension Protection Fund purchased a new position in shares of Brown & Brown in the 4th quarter valued at $40,000. Finally, Migdal Insurance & Financial Holdings Ltd. acquired a new stake in Brown & Brown during the 2nd quarter worth $49,000. Hedge funds and other institutional investors own 71.01% of the company’s stock.

Key Stories Impacting Brown & Brown

Here are the key news stories impacting Brown & Brown this week:

• Positive Sentiment: Management outlined a 2026 margin target of 32%–37% and projected $30M–$40M of synergies from the Accession integration — this supports medium‑term profit improvement and cost rationalization. Accession margin/synergy article
• Positive Sentiment: Argus upgraded BRO to a “hold” (less negative stance), which can limit downside from purely bearish analyst sentiment. Argus upgrade
• Neutral Sentiment: Q4 operating EPS of $0.93 beat consensus by $0.02 but revenue missed estimates — a mixed beat that reduces some concern on profitability while leaving growth questions. Q4 earnings transcript
• Negative Sentiment: Bank of America cut its price target to $90 and lowered its long‑term earnings outlook for BRO, explicitly flagging concerns after Q4 results — this is a prominent negative signal to institutional investors. BofA outlook/target cut
• Negative Sentiment: Multiple brokerages trimmed price targets (Morgan Stanley to $78, BMO to $81, Wells Fargo to $82, Jefferies and Mizuho to ~$84) and some moved to neutral/equal‑weight — the cluster of downgrades and PT cuts increases selling pressure and helped push BRO to a 12‑month low. Analyst PT cuts (Benzinga) BofA PT to $90 New 12-month low report
• Negative Sentiment: Pomerantz LLP opened an investor investigation into Brown & Brown — potential litigation and disclosure risks can increase uncertainty and weigh on the stock until resolved. Pomerantz investigation

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.