ROLLING MEADOWS, Ill., Feb. 1, 2024 /PRNewswire/ -- Arthur J. Gallagher & Co. today announced the acquisition of Blairs, Virginia-based Shelton & Alderson Insurance Agency, Inc., dba FarmPLUS Insurance Services. Terms of the transaction were not disclosed. FarmPLUS Insurance Services is a retail agency providing agricultural and crop insurance coverages in Virginia, North Carolina and South Carolina. Tim Alderson, Amy Alderson and their team will remain in their current location under the direction of Bumpy ...

ROLLING MEADOWS, Ill., Jan. 31, 2024 /PRNewswire/ -- Arthur J. Gallagher & Co. today announced the acquisition of Washington Depot, Connecticut-based Ericson Insurance Services, LLC, dba Ericson Insurance Advisors. Terms of the transaction were not disclosed. Ericson Insurance Advisors is a personal lines-focused insurance broker serving high-net-worth clients nationwide. Spencer Houldin, Peter Houldin and their team will remain in their current location under the direction of Brendan Gallagher, head of Gal ...

U.S. stock markets continue to show momentum in January after some initial hiccups following an astonishing 2023. Month to date, the Dow, the S&P 500, and the Nasdaq Composite are up 1.1%, 2.5% and 3%, respectively.A strong U.S. economy along with a steadily dwindling inflation rate, put an end to the fear of a near-term recession and restored hope among market participants that the Fed is likely to achieve the much-hyped soft landing of the economy.However, market participants remain concerned regarding wh ...

ROLLING MEADOWS, Ill., Jan. 29, 2024 /PRNewswire/ -- Arthur J. Gallagher & Co. today announced that its U.S. wholesale brokerage, binding authority and programs division, Risk Placement Services, Inc. (RPS), has acquired Metairie, Louisiana-based Forest Insurance Facilities. Terms of the transaction were not disclosed. Forest Insurance Facilities is a commercial lines wholesale insurance broker and managing general agency (MGA) serving clients throughout Louisiana. Wayne Forest, Jr., Matt Forest and their t ...

Arthur J. Gallagher & Co. (NYSE:AJG) Q4 2023 Earnings Conference Call January 25, 2024 5:15 PM ET Company Participants J. Patrick Gallagher - Chairman and Chief Executive Officer Douglas Howell - Chief Financial Officer Conference Call Participants Elyse Greenspan - Wells Fargo Mark Hughes - Truist Securities Mike Zaremski - BMO Capital Markets David Motemaden - Evercore ISI Gregory Peters - Raymond James Andrew Kligerman - TD Cowen Yaron Kinar - Jefferies Michael Ward - Citi Meyer Shields - KBW Operator Go ...

Arthur J. Gallagher & Co. (AJG) reported fourth-quarter 2023 adjusted net earnings of $1.85 per share, which beat the Zacks Consensus Estimate by 1.09%. The bottom line increased 24% on a year-over-year basis.Arthur J. Gallagher’s performance was driven by higher adjusted revenues and margin expansion across the Brokerage and Risk Management segments, partially offset by higher expenses.Operational UpdateTotal revenues of $2.4 billion beat the Zacks Consensus Estimate by 0.9%. The top line also improved 19. ...

Arthur J. Gallagher (AJG) reported $2.39 billion in revenue for the quarter ended December 2023, representing a year-over-year increase of 19.9%. EPS of $1.85 for the same period compares to $1.54 a year ago.The reported revenue compares to the Zacks Consensus Estimate of $2.37 billion, representing a surprise of +1.10%. The company delivered an EPS surprise of +1.09%, with the consensus EPS estimate being $1.83.While investors scrutinize revenue and earnings changes year-over-year and how they compare with ...

Arthur J. Gallagher (AJG) came out with quarterly earnings of $1.85 per share, beating the Zacks Consensus Estimate of $1.83 per share. This compares to earnings of $1.54 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of 1.09%. A quarter ago, it was expected that this insurance and risk-management company would post earnings of $1.94 per share when it actually produced earnings of $2, delivering a surprise of 3.09%.Over the last ...

ROLLING MEADOWS, Ill., Jan. 24, 2024 /PRNewswire/ -- Arthur J. Gallagher & Co. (NYSE: AJG) announced that its Board of Directors declared a sixty cents ($0.60) per share quarterly cash dividend on the company's common stock, a $0.05 increase over the prior quarter's dividend.  The dividend will be payable on March 15, 2024 to Stockholders of Record as of March 1, 2024. Arthur J. Gallagher & Co. (NYSE:AJG), a global insurance brokerage, risk management and consulting services firm, is headquartered in Rollin ...

Analysts on Wall Street project that Arthur J. Gallagher (AJG) will announce quarterly earnings of $1.83 per share in its forthcoming report, representing an increase of 18.8% year over year. Revenues are projected to reach $2.37 billion, increasing 18.6% from the same quarter last year.Over the last 30 days, there has been a downward revision of 0.1% in the consensus EPS estimate for the quarter, leading to its current level. This signifies the covering analysts' collective reconsideration of their initial ...