Arthur J. Gallagher & Co Stock Price, News & Analysis

Arthur J. Gallagher & Co. (AJG) reported strong financial results for Q4 and the full year ending December 31, 2021. Q4 revenues were $1.941 billion, up from $1.664 billion YoY. Net earnings decreased to $120.9 million (from $153.1 million) but adjusted net earnings grew to $219.8 million, from $184.7 million. Key highlights include 18% revenue growth in core brokerage and risk management segments and the completion of 18 mergers. For 2021, total revenues reached $8.076 billion, with adjusted net earnings of $1.184 billion, illustrating a robust performance despite pandemic-related challenges.

Arthur J. Gallagher & Co. (NYSE: AJG) has declared a quarterly cash dividend of $0.51 per share, reflecting a $0.03 increase from the previous quarter. The dividend will be paid on March 18, 2022 to stockholders of record as of March 4, 2022. This announcement demonstrates the company's ongoing commitment to returning value to its shareholders.

Arthur J. Gallagher & Co. (NYSE: AJG) is set to release its fourth quarter 2021 earnings on January 27, 2022, after market close. A live conference call hosted by CEO J. Patrick Gallagher, Jr. will occur on the same day at 5:15 pm ET. Investors can access the call via the company’s website, with a replay available shortly after. Gallagher operates in 68 countries and provides services in over 150 countries, emphasizing its global reach.

Arthur J. Gallagher & Co. has acquired Risk Transfer Insurance Agency, LLC, based in Orlando, Florida. Founded in 2000, Risk Transfer specializes in customized insurance solutions for professional employer organizations (PEOs) and temporary staffing firms across the U.S. The financial terms of the acquisition were not disclosed. J. Patrick Gallagher, Jr., Chairman and CEO, emphasized that this acquisition will strengthen Gallagher's existing capabilities in the growing PEO sector. Risk Transfer's team will continue to operate under Gallagher's Southeast regional leadership.

Arthur J. Gallagher & Co. has acquired Five Points Benefits Solutions, enhancing its public sector benefit offerings. Founded in 2011, Five Points is a leading provider of ancillary benefits in Tennessee, Georgia, and Kentucky. The transaction's terms were not disclosed. CEO Patrick Gallagher emphasized Five Points' growth potential and strong leadership. This acquisition aims to expand Gallagher's capabilities in employee benefits consulting, particularly in the Heartland region, strengthening its market presence.

Arthur J. Gallagher & Co. announced the acquisition of Bradawn Insurance Services, a California-based health and welfare consulting firm, expanding its capabilities in Southern California. Founded in 1983, Bradawn specializes in serving large employers across various sectors. The transaction details remain undisclosed, but the integration aims to enhance Gallagher's service offerings in health and welfare consulting. Dawna Gray and her team will continue operations under Gallagher's leadership, reinforcing its commitment to delivering comprehensive benefits solutions to clients.

Arthur J. Gallagher & Co. announced the acquisition of Tave Risk Management, a Chicago-based retail property/casualty broker. Founded in 2000, Tave offers risk management services to various industries. Ruth Tave and her team will continue operating under Gallagher's Midwest branch. Chairman Patrick Gallagher emphasized Tave's expertise in complex risk management. Gallagher, a global insurance brokerage firm, operates in 68 countries and offers services in over 150 global locations.

Arthur J. Gallagher & Co. has acquired Richied & Associates, Inc., a property/casualty insurance agency based in Reno, Nevada. Founded in 1999, Richied & Associates serves small- to mid-market commercial clients. The acquisition aims to enhance Gallagher's retail capabilities in Nevada and create cross-selling opportunities. The agency will continue operating under its current management team, led by Scott Firestone. Gallagher, listed on the NYSE under the symbol AJG, operates in 68 countries, providing insurance brokerage and risk management services globally.

Arthur J. Gallagher & Co. has acquired The Robbi Davis Agency, Inc. (RDA) located in Little Rock, Arkansas. RDA, established in 1996, specializes in employee benefits and health insurance for small businesses. The transaction details were not disclosed, but the agency's founder, Robbi Davis, will continue leading her team under Gallagher's Heartland region. This acquisition is positioned to strengthen Gallagher's market presence and enhance its employee benefits consulting services.