Brown & Brown, Inc. (BRO)

In the past six months, Brown & Brown's stock has been impacted by several key events. The company released its second-quarter 2025 financial results on July 28, 2025, followed by an investor conference call on July 29, 2025. On October 27, 2025, Brown & Brown announced strong third-quarter 2025 results, reporting revenues of $1.61 billion, surpassing analysts' expectations of $1.54 billion. On October 22, 2025, the company declared a 10% increase in its quarterly cash dividend to $0.165 per share and authorized a new $1.25 billion stock repurchase plan. There were insider buying transactions by Director Paul Krump on August 7, 2025, and by Director Bronislaw Masojada on August 5, 2025. Analysts have issued various ratings and price targets, with a consensus "Hold" rating and a median target price of $106.0. Between October 25, 2024, and October 24, 2025, the stock price experienced a decline of 15.37%.

The insurance brokerage business experiences seasonality in its sales cycles, leading to fluctuations in business throughout the year. Health insurance often sees a peak in the fourth quarter, life insurance typically has a busier period in December, auto insurance experiences busy seasons during the spring and summer months, and home insurance sees April and October as generally the busiest months. For most insurance brokers, the fourth quarter and early January represent a peak season.

Brown & Brown, Inc. is a diversified insurance agency, wholesale brokerage, insurance programs, and service provider, headquartered in Daytona Beach, Florida. The company operates in the financial services sector, specifically the insurance industry, marketing and selling a range of insurance products and services, primarily in property, casualty, and employee benefits. The company's operations are structured across four main segments: Retail, Programs, Wholesale Brokerage, and Services.

Brown & Brown has a significant global presence, operating in the United States, the United Kingdom, the Republic of Ireland, Canada, and other international regions, with over 700 locations worldwide.

Brown & Brown has maintained a strong brand reputation over the past year. The company's U.S. operations have been certified as a Great Place to Work for the seventh consecutive year, and its teams in Canada and the U.K. received this certification for the first time in 2025. Brown & Brown's U.S. companies were included on the 2025 Fortune Best Workplaces for Women list for the fifth consecutive year. The company was awarded the 2024-2025 Platinum Level Bell Seal for Workplace Mental Health by Mental Health America (MHA) for the third year. No significant negative events or controversies impacting the company's reputation were identified within the past year.

Brown & Brown exhibits a high level of institutional ownership, with approximately 80.58% to 81.3% of the company's stock held by institutional investors. Major institutional owners include Vanguard Group Inc., BlackRock, Inc., Principal Financial Group Inc, State Street Corp, Capital World Investors, Fmr Llc, and Geode Capital Management, Llc. Individual insiders hold about 14.3% of the company's stock, with J. Hyatt Brown, the chairman, owning 11.5%.