Brown & Brown (NYSE:BRO) Given New $100.00 Price Target at Truist Financial

Brown & Brown (NYSE:BRO) had its target price lowered by Truist Financial from $105.00 to $100.00 in a research report report published on Wednesday,Benzinga reports. The firm currently has a buy rating on the financial services provider’s stock.

Several other research firms also recently issued reports on BRO. Bank of America dropped their price objective on shares of Brown & Brown from $94.00 to $90.00 and set a “neutral” rating on the stock in a report on Tuesday. Raymond James Financial restated an “outperform” rating on shares of Brown & Brown in a research note on Monday, November 3rd. Morgan Stanley cut their price target on Brown & Brown from $95.00 to $85.00 and set an “equal weight” rating for the company in a report on Monday, November 17th. Citigroup lowered Brown & Brown from a “buy” rating to a “neutral” rating in a report on Monday, November 3rd. Finally, Wells Fargo & Company cut their target price on Brown & Brown from $92.00 to $84.00 and set an “equal weight” rating for the company in a research note on Tuesday, January 13th. Three analysts have rated the stock with a Buy rating, fourteen have assigned a Hold rating and one has assigned a Sell rating to the stock. Based on data from MarketBeat, the stock currently has a consensus rating of “Hold” and an average target price of $93.93.

Brown & Brown Stock Performance

Shares of NYSE BRO opened at $72.14 on Wednesday. Brown & Brown has a 12 month low of $71.81 and a 12 month high of $125.68. The company has a market cap of $24.63 billion, a P/E ratio of 22.54, a P/E/G ratio of 1.74 and a beta of 0.81. The business’s 50 day moving average is $79.61 and its two-hundred day moving average is $87.77. The company has a quick ratio of 2.10, a current ratio of 1.67 and a debt-to-equity ratio of 0.55.

Brown & Brown (NYSE:BRO) last announced its quarterly earnings data on Monday, January 26th. The financial services provider reported $0.93 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.91 by $0.02. Brown & Brown had a net margin of 17.84% and a return on equity of 12.93%. The business had revenue of $1.61 billion for the quarter, compared to the consensus estimate of $1.65 billion. During the same quarter last year, the company posted $0.86 earnings per share. Brown & Brown’s quarterly revenue was up 35.7% on a year-over-year basis. On average, equities analysts expect that Brown & Brown will post 4.18 EPS for the current year.

Brown & Brown Dividend Announcement

The business also recently declared a quarterly dividend, which will be paid on Wednesday, February 11th. Investors of record on Wednesday, February 4th will be paid a $0.165 dividend. The ex-dividend date of this dividend is Wednesday, February 4th. This represents a $0.66 annualized dividend and a yield of 0.9%. Brown & Brown’s payout ratio is currently 19.76%.

Institutional Investors Weigh In On Brown & Brown

Institutional investors and hedge funds have recently made changes to their positions in the company. Capital World Investors increased its position in shares of Brown & Brown by 81.1% during the 3rd quarter. Capital World Investors now owns 17,479,389 shares of the financial services provider’s stock worth $1,639,392,000 after purchasing an additional 7,827,992 shares in the last quarter. Vanguard Group Inc. increased its holdings in shares of Brown & Brown by 16.8% during the second quarter. Vanguard Group Inc. now owns 35,625,322 shares of the financial services provider’s stock worth $3,949,779,000 after buying an additional 5,124,203 shares in the last quarter. Norges Bank bought a new position in shares of Brown & Brown in the second quarter valued at approximately $433,740,000. Principal Financial Group Inc. boosted its holdings in shares of Brown & Brown by 13.4% in the 3rd quarter. Principal Financial Group Inc. now owns 15,416,190 shares of the financial services provider’s stock worth $1,445,888,000 after acquiring an additional 1,821,229 shares in the last quarter. Finally, Boston Partners acquired a new position in shares of Brown & Brown in the 2nd quarter worth approximately $171,163,000. Institutional investors and hedge funds own 71.01% of the company’s stock.

More Brown & Brown News

Here are the key news stories impacting Brown & Brown this week:

• Positive Sentiment: Management outlined a higher 2026 margin target (32%–37%) tied to the Accession integration and projected $30M–$40M of synergies, which supports medium-term margin expansion and cost-benefit expectations. Article Title
• Positive Sentiment: Q4 adjusted earnings slightly beat consensus (EPS modestly above estimates) and the company posted higher profit and investment income, supporting profitability metrics despite top-line pressure. Article Title
• Neutral Sentiment: Management held its Q4 earnings call and published the transcript/presentation — useful for color on organic growth trends, acquisition integration timelines and margin drivers. Earnings Call Transcript
• Neutral Sentiment: Some analysts trimmed targets but left constructive stances (e.g., Truist cut its target but kept a Buy rating), signaling varying views on valuation vs. near-term growth. Benzinga
• Negative Sentiment: A string of price-target reductions from mid/large-cap brokers (Jefferies, Mizuho, Wells Fargo, Barclays, Bank of America) lowered near-term upside expectations and added selling pressure. Benzinga TickerReport
• Negative Sentiment: Revenue came in below expectations (MarketWatch flagged a Q4 revenue miss) and management noted lower organic revenue, which raises questions about near-term growth momentum despite higher investment income. Article Title Zacks

About Brown & Brown

Brown & Brown, Inc (NYSE: BRO) is a professional insurance brokerage and risk advisory firm that provides a broad range of property and casualty, employee benefits, personal risk, and specialty insurance products. The company works with commercial, public sector and individual clients to design and place insurance programs, manage claims and loss control, and deliver risk management consulting. Its services also include wholesale brokerage, program administration and other specialty distribution solutions that connect carriers and intermediaries to niche markets.

Brown & Brown operates through a decentralized model of operating units and subsidiaries, enabling local client service with the scale to access national and specialty markets.