STOCK TITAN
  1. Home
  2. News
  3. AJG

Arthur J. Gallagher & Co. - AJG STOCK NEWS

Welcome to our dedicated news page for Arthur J. Gallagher & Co. (Ticker: AJG), a resource for investors and traders seeking the latest updates and insights on Arthur J. Gallagher & Co..

Our selection of high-quality news articles is accompanied by an expert summary from Rhea-AI, detailing the impact and sentiment surrounding the news at the time of release, providing a deeper understanding of how each news could potentially affect Arthur J. Gallagher & Co.'s stock performance. The page also features a concise end-of-day stock performance summary, highlighting the actual market reaction to each news event. The list of tags makes it easy to classify and navigate through different types of news, whether you're interested in earnings reports, stock offerings, stock splits, clinical trials, fda approvals, dividends or buybacks.

Designed with both novice traders and seasoned investors in mind, our page aims to simplify the complex world of stock market news. By combining real-time updates, Rhea-AI's analytical insights, and historical stock performance data, we provide a holistic view of Arthur J. Gallagher & Co.'s position in the market.

News
Nearly Three-Quarters of Employers Do Not Have AI Protocols for Internal Communicators, Gallagher Study Shows
Rhea-AI Summary
Gallagher's 2023/24 State of the Sector report reveals that 71% of organizations do not provide guidance on AI usage, and 13% are unsure if their organization uses AI. The study draws insights from 2,300 communication and HR leaders across 56 countries, highlighting the lack of AI adoption and implementation plans. Global Managing Director Ben Reynolds notes that the absence of AI plans contributes to skepticism and fear in 50% of respondents.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
0.35%
Tags
AI
-
News
Arthur J. Gallagher & Co. Acquires The John Galt Insurance Agency
Rhea-AI Summary
Arthur J. Gallagher & Co. has acquired The John Galt Insurance Agency, expanding their capabilities in the property/casualty insurance niche in Florida. The terms of the transaction were not disclosed. The acquisition aims to enhance Gallagher's expertise in commercial and multi-family real estate insurance coverages. The company's Chairman and CEO, J. Patrick Gallagher, Jr., expressed his delight in welcoming the John Galt team to Gallagher. Arthur J. Gallagher & Co. is a global insurance brokerage, risk management, and consulting services firm, operating in approximately 130 countries worldwide.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
1.51%
Tags
acquisition
-
News
Arthur J. Gallagher & Co. Acquires FarmPLUS Insurance Services
Rhea-AI Summary
Arthur J. Gallagher & Co. has acquired FarmPLUS Insurance Services, expanding its agricultural market capabilities in Virginia, North Carolina, and South Carolina. The terms of the transaction were not disclosed. The acquisition will allow Gallagher to enhance its retail property/casualty brokerage operations in the Southeast. The company, headquartered in Rolling Meadows, Illinois, operates in approximately 130 countries worldwide through its owned operations and a network of correspondent brokers and consultants.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-0.02%
Tags
acquisition
News
Arthur J. Gallagher & Co. Acquires Ericson Insurance Advisors
Rhea-AI Summary
Arthur J. Gallagher & Co. announced the acquisition of Ericson Insurance Advisors, expanding their private client offerings. The terms of the transaction were not disclosed. Ericson Insurance Advisors is a personal lines-focused insurance broker serving high-net-worth clients nationwide. The acquisition is expected to enhance Gallagher's Northeast region retail property/casualty brokerage operations.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
0.69%
Tags
acquisition
-
News
Arthur J. Gallagher & Co. Acquires Horak Insurance, Inc.
Rhea-AI Summary
Arthur J. Gallagher & Co. announced the acquisition of Horak Insurance, Inc., a retail property/casualty insurance agency in Iowa. The terms of the transaction were not disclosed. This acquisition provides significant growth opportunities for the business in Iowa. The company is a global insurance brokerage, risk management, and consulting services firm, operating in approximately 130 countries worldwide. The acquisition is expected to have a positive impact on the company's operations and expansion in the Midwest region.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
0.78%
Tags
acquisition
-
News
Cadence Bank Announces Fourth Quarter 2023 and Annual Financial Results
Rhea-AI Summary
Cadence Bank (NYSE: CADE) announced strong financial results for the quarter and year ended December 31, 2023. The company achieved net income of $532.8 million and reported adjusted net income of $401.2 million from continuing operations. The sale of Cadence Insurance to Arthur J. Gallagher & Co. generated approximately $620 million in net capital creation. The company executed a securities portfolio restructuring, improving net interest margin and profitability. The company reported quarterly net income of $256.7 million and adjusted net income of $72.7 million. The net interest margin improved to 3.04% from 2.98% for the third quarter of 2023. Total loans remained flat at $32.5 billion, while deposit balances increased by $161.3 million. The Common Equity Tier 1 ratio improved by 130 basis points to 11.6%, and the Total Capital ratio improved by 140 basis points to 14.3%. The company's strong balance sheet liquidity was maintained with a loan-to-deposit ratio of 84.4% at December 31, 2023.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
0.78%
Tags
earnings
News
Arthur J. Gallagher & Co. Acquires Forest Insurance Facilities
Rhea-AI Summary
Arthur J. Gallagher & Co. has acquired Forest Insurance Facilities, a commercial lines wholesale insurance broker and managing general agency (MGA) serving clients throughout Louisiana. The terms of the transaction were not disclosed. This acquisition will enhance Gallagher's wholesale capabilities in the region, and the Forest Insurance Facilities team will continue to operate under the direction of Laura Allen, head of RPS's Southeast region binding operations.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-1.82%
Tags
acquisition
-
News
Arthur J. Gallagher & Co. Announces Fourth Quarter and Full Year 2023 Financial Results
Rhea-AI Summary
Arthur J. Gallagher & Co. (AJG) reported its Q4 2023 financial results, showing a 20% revenue growth in core brokerage and risk management segments. The company completed 14 new mergers with estimated annualized revenues of $410 million. Global primary P/C renewal premium increases were around 8.5%, and the US labor market showed continued growth. The CEO expressed satisfaction with the company's 2023 performance.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-1.99%
Tags
earnings
-
News
Arthur J. Gallagher & Co. Increases Cash Dividend to $0.60 per Share
Rhea-AI Summary
Arthur J. Gallagher & Co. (AJG) has announced a 60 cents per share quarterly cash dividend, 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. Gallagher is a global insurance brokerage, risk management, and consulting services firm, operating in approximately 130 countries worldwide.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-0.55%
Tags
dividends
News
Arthur J. Gallagher & Co. Acquires The Rowley Agency, LLC
Rhea-AI Summary
Arthur J. Gallagher & Co. has acquired The Rowley Agency, LLC, a retail insurance broker based in Concord, New Hampshire. The terms of the acquisition were not disclosed. The Rowley Agency provides property/casualty, surety, and employee benefits products to clients in New Hampshire, Vermont, Maine, and Massachusetts. The acquisition is expected to enhance Gallagher's capabilities in construction, manufacturing, and healthcare niches in New England.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
1.27%
Tags
acquisition
Stock AJG logo
Arthur J. Gallagher & Co.

NYSE:AJG

AJG Rankings

#236 Ranked by Market Cap
#853 Ranked by Stock Gains
#1805 Ranked by Dividends

AJG Stock Data

50.52B
213.78M
1.14%
86.98%
0.91%
Insurance Agencies and Brokerages
Finance and Insurance
Link
US
New York

About AJG

gallagher, a global insurance brokerage and risk management services firm, helps clients address risk, protect assets and recover from losses. the products and services we provide keep businesses and institutions running, and enable individuals and families to rebuild their lives. gallagher is the only insurance broker recognized by the ethisphere institute as a world's most ethical company. gallagher provides retail and wholesale property and casualty brokerage, alternative risk transfer services, employee benefit consulting, and actuarial services. gallagher also offers claims and information management, risk control consulting and appraisal services, human resource consulting, and retirement services. find us on social media: facebook: http://www.facebook.com/lifeatgallagher instagram: http://instagram.com/lifeatgallagher twitter: https://twitter.com/lifeatgallagher or http://twitter.com/ajgcorporate