Brown & Brown (NYSE:BRO) Upgraded by Keefe, Bruyette & Woods to Market Perform Rating

Brown & Brown (NYSE:BRO) was upgraded by equities research analysts at Keefe, Bruyette & Woods from an “underperform” rating to a “market perform” rating in a report released on Thursday, Marketbeat Ratings reports. The firm presently has a $73.00 price target on the financial services provider’s stock, down from their previous price target of $80.00. Keefe, Bruyette & Woods’ price objective would indicate a potential upside of 1.20% from the company’s previous close.

Other equities analysts also recently issued research reports about the company. JPMorgan Chase & Co. started coverage on Brown & Brown in a report on Thursday, December 18th. They set a “neutral” rating and a $91.00 target price for the company. Mizuho decreased their price target on shares of Brown & Brown from $90.00 to $84.00 and set a “neutral” rating for the company in a research note on Wednesday. Wolfe Research started coverage on Brown & Brown in a research report on Thursday, November 20th. They set a “peer perform” rating on the stock. Bank of America decreased their target price on Brown & Brown from $94.00 to $90.00 and set a “neutral” rating for the company in a research report on Tuesday. Finally, Barclays reduced their price target on Brown & Brown from $83.00 to $82.00 and set an “equal weight” rating on the stock in a research note on Tuesday. Three investment analysts have rated the stock with a Buy rating and fifteen have issued a Hold rating to the company’s stock. Based on data from MarketBeat.com, the stock has a consensus rating of “Hold” and a consensus price target of $92.93.

Brown & Brown Stock Performance

Brown & Brown stock opened at $72.14 on Thursday. The company has a current ratio of 1.67, a quick ratio of 2.10 and a debt-to-equity ratio of 0.55. The firm 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. Brown & Brown has a 1-year low of $71.81 and a 1-year high of $125.68. The firm has a 50-day moving average of $79.61 and a 200-day moving average of $87.77.

Brown & Brown (NYSE:BRO) last released its quarterly earnings results on Monday, January 26th. The financial services provider reported $0.93 EPS for the quarter, beating analysts’ consensus estimates of $0.91 by $0.02. Brown & Brown had a return on equity of 12.93% and a net margin of 17.84%.The business had revenue of $1.61 billion during the quarter, compared to analyst estimates of $1.65 billion. During the same quarter in the prior year, the company posted $0.86 EPS. Brown & Brown’s quarterly revenue was up 35.7% compared to the same quarter last year. Sell-side analysts expect that Brown & Brown will post 4.18 EPS for the current year.

Institutional Trading of Brown & Brown

A number of institutional investors and hedge funds have recently bought and sold shares of the company. Cornerstone Planning Group LLC lifted its stake in shares of Brown & Brown by 423.1% in the third quarter. Cornerstone Planning Group LLC now owns 272 shares of the financial services provider’s stock worth $26,000 after buying an additional 220 shares in the last quarter. Darwin Wealth Management LLC purchased a new position in Brown & Brown in the 2nd quarter worth approximately $30,000. Motco bought a new position in Brown & Brown in the 2nd quarter valued at approximately $32,000. Board of the Pension Protection Fund purchased a new stake in Brown & Brown during the 4th quarter valued at $40,000. Finally, Migdal Insurance & Financial Holdings Ltd. purchased a new stake in Brown & Brown during the 2nd quarter valued at $49,000. 71.01% of the stock is currently owned by institutional investors.

Brown & Brown News Roundup

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

• Positive Sentiment: Management raised its 2026 margin target to 32%–37% and projected $30M–$40M of synergies from the Accession integration, which supports medium-term margin improvement. Read More.
• Positive Sentiment: Q4 results included an EPS beat and stronger investment income, helping adjusted profitability metrics despite lower organic revenue — a reason some investors may view the pullback as opportunistic. Read More.
• Neutral Sentiment: Earnings call and transcripts/presentations are available for deeper review of guidance and margin drivers if you want to dig into management’s commentary. Read More.
• Neutral Sentiment: Some analysts cut targets but kept constructive stances; Truist trimmed its target but maintained a “buy” rating, signaling differing views across the sell side. Read More.
• Negative Sentiment: Multiple firms lowered price targets and moved to neutral/equal-weight: Bank of America to $90, Jefferies to $84 (hold), Mizuho to $84 (neutral), Wells Fargo to $82 (equal weight), Barclays to $82 (equal weight). These coordinated cuts have put downward pressure on the stock. Read More.
• Negative Sentiment: Market reaction: shares dropped after the Q4 revenue miss and the analyst downgrades, with coverage noting the stock hit a new 12?month low following the analyst moves. Read More.
• Negative Sentiment: Another article highlights the fresh 12?month low and investor concern following the analyst downgrade wave. Read More.
• Negative Sentiment: Bank of America specifically cut its target and shifted to neutral — a notable large?bank signal that likely contributed to the near-term selloff. Read More.

Brown & Brown Company Profile

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.