ROLLING MEADOWS, Ill., May 13, 2024 /PRNewswire/ -- Arthur J. Gallagher & Co. today announced the acquisition of Cedar Rapids, Iowa-based Acumen Advisors, Inc. (Acumen). Terms of the transaction were not disclosed. Acumen is an employee benefits consultant serving small and mid-size businesses throughout Iowa. Andrew Morf, Kirby Moss and their team will remain in their current locations under the direction of Tom Lannen, head of Gallagher's Midwest region employee benefits consulting operations. "Acumen is ...

MoMo Productions/DigitalVision via Getty Images Investment summary My recommendation for Arthur J. Gallagher (NYSE:AJG) is a buy rating. I believe the current macro situation (strong US economy and high-for-longer interest rates) is favorable for AJG, and it should be able to grow organically at similar strength seen in 1Q24. AJG balance sheet also remains strong, which enables it to continue acquiring targets to grow. Business Overview AJG provides insurance brokerage and risk management services, with ...

ROLLING MEADOWS, Ill., May 6, 2024 /PRNewswire/ -- Arthur J. Gallagher & Co. today announced the acquisition of Melbourne, Victoria-based Health Insurance Consultants Australia (HICA). Terms of the transaction were not disclosed. HICA is a specialist health insurance consultancy and brokerage firm serving corporate clients, small and medium-sized businesses, professional groups and associations in Australia for more than 30 years. HICA founder Suzanne Still, Jethro Still and their team will remain in their ...

UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-Q (Mark One) ☒ Quarterly Report Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934 For the quarterly period ended March 31, 2024 or ☐ Transition Report Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934 For the transition period from to Commission File Number: 1-09761 ARTHUR J. GALLAGHER & CO. (Exact name of registrant as specified in its charter) (State or other jurisdiction of (I.R.S. Em ...

Arthur J. Gallagher & Co. (AJG) reported first-quarter 2024 adjusted net earnings of $3.49 per share, which beat the Zacks Consensus Estimate by 2.6%. Moreover, the bottom line increased 15.5% on a year-over-year basis.Total revenues were $3.2 billion, up 20.3% year over year, primarily driven by higher commissions, fees and supplemental, contingent revenues and interest income, premium finance revenues, and other income. Moreover, the top line beat the Zacks Consensus Estimate by 2%.The quarter’s results o ...

Arthur J. Gallagher & Co. (NYSE:AJG) Q1 2024 Earnings Conference Call April 25, 2024 5:15 PM ET Company Participants J. Patrick Gallagher - Chairman and Chief Executive Officer Doug Howell - Chief Financial Officer Conference Call Participants Elyse Greenspan - Wells Fargo Mike Zaremski - BMO Capital Markets David Motemaden - Evercore ISI Mark Hughes - Truist Securities Katie Sakys - Autonomous Research Yaron Kinar - Jefferies Meyer Shields - KBW Rob Cox - Goldman Sachs Mike Ward - Citi Operator Good aftern ...

For the quarter ended March 2024, Arthur J. Gallagher (AJG) reported revenue of $3.22 billion, up 20.4% over the same period last year. EPS came in at $3.49, compared to $3.03 in the year-ago quarter.The reported revenue compares to the Zacks Consensus Estimate of $3.15 billion, representing a surprise of +2.07%. The company delivered an EPS surprise of +2.65%, with the consensus EPS estimate being $3.40.While investors closely watch year-over-year changes in headline numbers -- revenue and earnings -- and ...

Exhibit 99.1 NEWS RELEASE ARTHUR J. GALLAGHER & CO. ANNOUNCES FIRST QUARTER 2024 FINANCIAL RESULTS ROLLING MEADOWS, IL, April 25, 2024 — Arthur J. Gallagher & Co. (NYSE: AJG) today reported its financial results for the quarter ended March 31, 2024. Management will host a webcast conference call to discuss these results on Thursday, April 25, 2024 at 5:15 p.m. ET/4:15 p.m. CT. To listen to the call, and for printer-friendly formats of this release and the "CFO Commentary" and "Supplemental Quarterly Data," ...

The Zacks  Insurance Brokerage industry is likely to benefit from better pricing, prudent underwriting, rising demand for insurance products and global expansion. Industry players like Marsh & McLennan Companies (MMC) , Aon plc (AON) , Arthur J. Gallagher & Co. (AJG) and Willis Towers Watson plc (WTW) and Brown and Brown, Inc. (BRO) are poised to grow from consolidations in this traditionally-fragmented industry.The increasing adoption of technology and higher spending on technology will help the industry t ...

Investors are always looking for stocks that are poised to beat at earnings season and Arthur J. Gallagher & Co. (AJG) may be one such company. The firm has earnings coming up pretty soon, and events are shaping up quite nicely for their report.That is because Arthur J. Gallagher is seeing favorable earnings estimate revision activity as of late, which is generally a precursor to an earnings beat. After all, analysts raising estimates right before earnings — with the most up-to-date information possible — i ...