Core Insights - Brown & Brown, Inc. has acquired the assets of the Campbell Agency, enhancing its capabilities in workers' compensation insurance solutions [1][2][3] - The Campbell Agency, founded in 1991, has a strong reputation in the workers' compensation sector, particularly in north and central Florida [2][3] - The acquisition is expected to leverage the expertise of Kevin Campbell and Kian Ostovar, who will continue to serve clients in Tampa and Ocala [2][3] Company Overview - Brown & Brown, Inc. is a leading insurance brokerage firm with a history dating back to 1939, operating over 700 locations and employing more than 23,000 professionals [3] - The company focuses on delivering comprehensive and customized insurance solutions, emphasizing scalable and innovative strategies for its clients [3]

Analyst’s Disclosure:I/we have a beneficial long position in the shares of MMC either through stock ownership, options, or other derivatives. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (other than from Seeking Alpha). I have no business relationship with any company whose stock is mentioned in this article. While this article may sound like financial advice, please observe that the author is not a CFA. It may be structured as such, but it is not fin ...

Core Insights - Artificial intelligence (AI) is identified as the greatest investment opportunity of the current era, with a strong emphasis on the urgency to invest now [1][13] - The energy demands of AI technologies are highlighted, with data centers consuming as much energy as small cities, leading to concerns about power grid strain and rising electricity prices [2][3] Investment Opportunity - A specific company is presented as a key player in the AI energy sector, owning critical energy infrastructure assets that are essential for supporting the anticipated surge in energy demand from AI data centers [3][7] - This company is characterized as a "toll booth" operator in the AI energy boom, benefiting from the increasing need for energy as AI technologies expand [4][5] Market Position - The company is noted for its unique position in the market, being involved in nuclear energy infrastructure and capable of executing large-scale engineering, procurement, and construction projects across various energy sectors [7][8] - It is described as debt-free and holding a significant cash reserve, which is nearly one-third of its market capitalization, providing a strong financial foundation [8][10] Growth Potential - The company has an equity stake in another AI-related venture, offering investors indirect exposure to multiple growth opportunities in the AI sector without the associated high premiums [9][10] - The stock is considered undervalued, trading at less than seven times earnings, which presents a compelling investment opportunity given its ties to both AI and energy sectors [10][11] Industry Trends - The narrative emphasizes the ongoing disruption caused by AI across traditional industries, suggesting that companies that adapt to AI will thrive while those that do not will struggle [11][12] - The influx of talent into the AI field is expected to drive continuous innovation and advancements, reinforcing the long-term growth potential of investments in AI [12][14]

Key Takeaways Brown & Brown's commissions and fees rise as new business, retention and rate increases drive revenues. Strategic acquisitions, including 713 deals since 1993, continue to expand BRO's reach and products. BRO's strong liquidity and long dividend growth record support cash deployment and shareholder returns. Brown & Brown, Inc. (BRO) shares are trading at a discount compared with the Zacks Brokerage Insurance industry. Its forward price-to-earnings multiple of 16.72X is lower than the industry ...

Daytona Beach, Florida-based Brown & Brown, Inc. (BRO) markets and sells insurance products and services. Valued at $26.8 billion by market cap, the company also provides risk management, employee benefit administration, and managed health care services. Companies worth $10 billion or more are generally described as “large-cap stocks,” and BRO perfectly fits that description, with its market cap exceeding this mark, underscoring its size, influence, and dominance within the insurance brokers industry. BRO ...

DALLAS--(BUSINESS WIRE)--Brown & Brown today announced the findings of its second annual Employer Health and Benefits Strategy Survey, 2026, capturing insights from 1,241 employers across the United States. The 2026 edition* reveals a benefits landscape shaped by rising costs, evolving workforce needs and a growing emphasis on innovation and sustainability. With escalating medical and pharmacy costs, employers have moved cost-containment, for both their organizations and their employees, to the top of their ...

We came across a bullish thesis on Brown & Brown, Inc. on Rigatoni Capital’s Substack. In this article, we will summarize the bulls’ thesis on BRO. Brown & Brown, Inc.'s share was trading at $81.18 as of December 1st. BRO’s trailing and forward P/E were 24.60 and 17.01 respectively according to Yahoo Finance. Analsyt Explains Why He Downgraded DR Horton (DHI) - ‘It’s Unfortunate for Builders’ Insurance house, car and family health live concept. The insurance agent presents the toys that symbolize the cov ...

Group 1 - Brown & Brown, Inc. reported Q3 2025 revenue of $1.6 billion, reflecting over 35% growth year-over-year [3] - The company's EBITDAC margin increased to 36.6%, an expansion of 170 basis points from the prior-year quarter [3] - Barclays lowered its price target on Brown & Brown to $84 from $102 while maintaining an Equal Weight rating [2] Group 2 - Brown & Brown announced a 10% increase in its quarterly dividend to $0.165 per share, marking 32 consecutive years of dividend growth [4] - The board approved an expansion of the share repurchase program to $1.5 billion, emphasizing the company's commitment to shareholder value [4] - The Programs and Wholesale segments were combined into a new Specialty Distribution segment, branded as Arrowhead Intermediaries, which now manages approximately $20 billion in written premium [4]

Core Viewpoint - Brown & Brown, Inc. reported strong third-quarter earnings, beating estimates and showing significant year-over-year growth, despite a recent decline in share price [1][2]. Financial Performance - Adjusted earnings for Q3 2025 were $1.05 per share, exceeding the Zacks Consensus Estimate by 16.6% and reflecting a 15.4% increase year-over-year [2]. - Total revenues reached $1.6 billion, surpassing estimates by 6.6% and showing a 35.4% year-over-year improvement [3]. - Commission and fees grew 34.2% year-over-year to $1.5 billion, significantly above the estimated growth of 21.9% [3]. - Organic revenues increased by 3.5% to $1.2 billion, while investment and other income surged 80.6% year-over-year to $56 million [4]. Expense and Margin Analysis - Total expenses rose by 49% to $1.3 billion, driven by increased employee compensation, operating expenses, and interest [5]. - Adjusted EBITDAC was $587 million, up 41.8% year-over-year, with an EBITDAC margin expansion of 170 basis points to 36.6% [4]. Financial Position - Cash and cash equivalents at the end of Q3 were $1.2 billion, a 76.2% increase from the end of 2024 [6]. - Long-term debt stood at $7.6 billion, more than double the level at the end of 2024 [6]. - Net cash from operating activities for the first nine months of 2025 was $1 billion, reflecting a 23.7% year-over-year increase [6]. Capital Deployment - The board declared a 10% increase in the quarterly dividend to 16.5 cents per share, marking the 32nd consecutive annual dividend increase [7]. - An additional share repurchase authorization of up to $1.25 billion was approved, bringing the total authorization to approximately $1.5 billion [7]. Market Sentiment and Outlook - Recent estimates for the stock have trended downward, indicating a potential shift in market sentiment [8][11]. - Brown & Brown holds a Zacks Rank 3 (Hold), suggesting an expectation of in-line returns in the coming months [11].

Core Insights - Brown & Brown, Inc. (BRO) is valued at a market cap of $27.6 billion and is one of the largest insurance brokerage firms in the U.S., offering a variety of insurance products and services across four main segments [1] Financial Performance - In the third quarter, Brown & Brown reported $1.6 billion in revenue, a 35.4% increase year-over-year, primarily driven by acquisitions [4] - Commissions and fees rose 34.2% to approximately $1.6 billion, while adjusted EBITDAC increased 41.8% to $587 million, resulting in a margin of 36.6% [4] - However, income before taxes decreased by 1.9% to $311 million, net income fell 3% to $227 million, and diluted EPS dropped to $0.68, a decline of roughly 16% [5] - For the fiscal year ending December 2025, analysts project a 10.7% year-over-year growth in adjusted EPS to $4.25 [5] Stock Performance - Over the past 52 weeks, BRO shares have decreased by 26.7%, underperforming the S&P 500 Index, which has increased by 13.7% [2] - Year-to-date, BRO shares are down 20.9%, compared to a 13.4% gain in the S&P 500 [2] - The stock has also underperformed the Financial Select Sector SPDR Fund's (XLF) return of 3.2% over the past 52 weeks [3] Analyst Ratings - Among 18 analysts covering BRO, the consensus rating is a "Hold," consisting of three "Strong Buy" ratings, one "Moderate Buy," 13 "Holds," and one "Moderate Sell" [6]