Brandes Investment Partners 13F: New $159M Stake in AJG
Brandes Investment Partners filed a Form 13F showing a brand new stake of 701,260 shares in Arthur J. Gallagher & Co.
Reviewed by automated data checks against the source filing. How we make and check alerts
Brandes Investment Partners opened a new position of 701,260 shares in Arthur J. Gallagher & Co. ($AJG), according to a 13F filing with the SEC dated May 15, 2026. It reported 701,260 shares worth $159.20 million at the end of the quarter.
Since the filing, $AJG is up 2.4% after 1 week, up 8.3% after 1 month and up 28.2% to date (from the $198.76 close on May 15, 2026).
Find the original: Brandes Investment Partners 13F filings on SEC EDGAR
AJG
Arthur J. Gallagher & Co.
Key Points
- Brandes Investment Partners opened a new position in Arthur J. Gallagher & Co. with 701,260 shares valued at about $159.2 million.
- CFO Douglas Howell sold 12,954 shares on June 22, 2026, at an average price of $209.08 for a total value of $2.71 million.
- Arthur J. Gallagher & Co. trades with a consensus buy rating and a mean price target of $291.28 across 18 analyst opinions.
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Brandes Investment Partners Takes Fresh Position in Arthur J. Gallagher
Brandes Investment Partners established a brand new stake in Arthur J. Gallagher & Co. (NYSE:AJG) during the period ended May 15, 2026, according to a filing with the U.S. Securities and Exchange Commission. The 13F filing captures historical holdings and does not reflect current portfolio weightings.
Details of the New AJG Holding
The firm bought 701,260 shares of the insurance broker. The reported value of the holding reached $159.2 million based on a cost basis of $227.72 per share. Because this is a newly initiated holding, it marks an entry point for the fund rather than a change to an existing position.
Arthur J. Gallagher Stock Performance
Shares of Arthur J. Gallagher traded around $227.03 on Saturday. The company has a forward P/E ratio of 15.89 and a trailing P/E ratio of 39.24. Institutional filings like these provide a look at where major managers put capital during the quarter.
Recent Earnings Results
Arthur J. Gallagher reported $15.11 billion in trailing revenue with a revenue growth rate of 30.9%. The company posted earnings of $6.03 per share alongside a net margin of 10.4% and a return on equity of 6.7%. The company's next earnings report is scheduled for October 29, 2026.
Earnings drift grade
Outlook vs expectations on the last report — not price action.
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Forward outlook
5 target cuts vs 0 raises.
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EPS & revenue
EPS met estimates. Revenue missed estimates by 0.5%.
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Profit surprise
EBITDA missed by 13 percent. Operating income missed by 27 percent.
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Pre-earnings setup
Expectations were about average.
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Analyst signal
1 upgrade, 5 target cuts.
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Earnings quality
Gross margin up 36.8 points. Operating margin down 2.5 points. Positive free cash flow.
Earnings Call Summary
Gallagher delivered a strong first quarter with 28 percent total revenue growth, driven by 5 percent organic growth plus 23 percent from the AssuredPartners acquisition. The company beat on EPS at 4.47 dollars per share versus 4.40 dollars expected, and expanded brokerage margins by 50 basis points. Management said their new business hit ratio improved to 45 percent from 32 percent historically using digital tools, and they are confident about durability even as property pricing moderates.
Guidance Management reaffirmed its full year outlook for organic growth of 6 percent and underlying margin expansion of 40 to 60 basis points. They expect second quarter brokerage organic growth of 5 percent and full year of 5.5 percent, with property pricing remaining down about 7 percent but offset by strength in casualty and benefits.
Severe negative reset. The report materially damaged the forward outlook and likely forces major downward revisions.
Dividend Payout Details
Investors receive an annual dividend of $2.80 per share, giving the stock a dividend yield of 1.17%. That payout accounts for 44.8% of the company's earnings.
Insider Buying and Selling at Arthur J. Gallagher & Co.
Douglas Howell, Vice President and Chief Financial Officer, sold 12,954 shares of Arthur J. Gallagher on June 22, 2026. The transaction took place at an average price of $209.08 for a total value of $2.71 million.
Analysts Set New Price Targets
Wall Street firms have kept a generally positive view on the insurance broker. On October 12, 2026, Wells Fargo maintained an overweight rating while lowering its price target from $291.00 to $284.00. Earlier on October 7, 2026, Mizuho maintained an outperform rating with a target of $271.00, down from $292.00. Cantor Fitzgerald also maintained a neutral rating on October 7, 2026, with a target of $280.00. Morgan Stanley kept an overweight rating on October 6, 2026, adjusting its target to $260.00.
What Arthur J. Gallagher Does
Arthur J. Gallagher & Co. operates as an insurance brokerage and risk management firm serving commercial, industrial, and public entities worldwide. The company assists clients with retail and wholesale insurance placement, reinsurance, and claims administration services from its headquarters in Rolling Meadows, Illinois.
What to Watch at Arthur J. Gallagher & Co.
Shareholders and analysts will monitor upcoming SEC disclosures and the company's next scheduled earnings report on October 29, 2026. Institutional holdings will continue to shift as fund managers adjust portfolios ahead of the next filing deadline.
Related Filing Alerts
Source: Brandes Investment Partners's 13F filing on $AJG (May 15, 2026). 13F filings show holdings as of the end of the reporting quarter and may not reflect the fund's current position. Find the original filing: Brandes Investment Partners 13F filings on SEC EDGAR. Written by software, not financial advice. How we make alerts