Brown & Brown, Inc. (BRO)

Over the past six months, Brown & Brown's stock has declined by approximately 19.77%. Recent analyst activity includes price target cuts from Morgan Stanley, BMO Capital Markets, and Wells Fargo & Company, an upgrade from Keefe, Bruyette & Woods, and a maintained Hold rating from BMO Capital. The company released its quarterly earnings data on January 26th, 2026, reporting $0.93 earnings per share, exceeding analysts' estimates. Total revenues for 2025 were $5.9 billion, a 22.8% increase from 2024. Brown & Brown completed the acquisition of Accession Risk Management Group, Inc. in August 2025. The company also announced the passing of its Chief Legal Officer, Robert Mathis, and named Eileen Akerson as interim Chief Legal Officer.

Demand seasonality for Brown & Brown's products and services can be observed in certain areas. Quintes experiences revenue seasonality, with approximately 60% of its revenues recognized in the first quarter. The Wholesale Brokerage segment can be impacted by the seasonality of property renewals. Seasonal chart analysis for the stock suggests a "Buy Date" of April 26 and a "Sell Date" of August 28.

Brown & Brown, Inc. is a professional insurance brokerage and risk advisory firm headquartered in Daytona Beach, Florida, operating in the Multiline Insurance & Brokers industry. It is one of the largest independent insurance intermediaries in the United States, providing a comprehensive range of insurance products and services. The company operates through four segments: Retail, Programs, Wholesale Brokerage, and Services. The Retail segment offers various insurance products and risk management services. The Programs segment manages national insurance programs and provides program management services. The Wholesale Brokerage segment markets excess and surplus commercial and personal lines insurance. The Services segment provides third-party claims administration and related services.

Brown & Brown, Inc. serves clients across the United States and maintains an international presence through select offices and partnerships. The majority of its revenues are generated in the United States, with additional contributions from the United Kingdom, Ireland, and Canada. The company has its highest exposure in Florida and operates over 700 locations across 19 countries as of 2024.

Brown & Brown emphasizes a culture of integrity, innovation, superior capabilities, and discipline. The company was awarded the 2023-2024 Platinum Level Bell Seal Award for Workplace Mental Health for the second consecutive year. While the company has experienced cybersecurity incidents, none have materially impacted the business so far. The recent decline in stock price and underperformance relative to the market could indirectly influence investor perception.

Brown & Brown's shareholder base is primarily composed of institutional investors, who own approximately 50.49% of the company's stock. Insiders own 14.00%, and Public Companies and Individual Investors own 35.51%. Major institutional owners include Vanguard Group Inc., BlackRock, Inc., and Capital World Investors. A significant individual owner is J. Hyatt Brown, who holds 10.54% of the shares.