Morgan Stanley downgraded Brown & Brown from Overweight to Equal-Weight and set a new price target of $128.00
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| Date | Price Target | Rating | Analyst |
|---|---|---|---|
| 5/13/2025 | $119.00 | Buy → Neutral | Goldman |
| 4/16/2025 | Buy | Edward Jones | |
| 3/25/2025 | $128.00 | Overweight → Equal-Weight | Morgan Stanley |
| 12/5/2024 | $134.00 | Overweight | Morgan Stanley |
| 9/24/2024 | $120.00 | Buy | Argus |
| 9/5/2024 | $108.00 | Equal Weight | Barclays |
| 8/12/2024 | $94.00 → $112.00 | Equal Weight → Overweight | Wells Fargo |
| 5/22/2024 | $91.00 → $101.00 | Underperform → Neutral | BofA Securities |
DEDHAM, Mass., June 17, 2025 /PRNewswire/ -- Certificate Hero today announced that Brown & Brown, a leading global insurance brokerage, has selected its cutting-edge certificate of insurance (COI) technology to revolutionize and simplify their certificate issuance process. Certificate Hero's flexible architecture integrates seamlessly with Brown & Brown's existing agency management systems, providing intelligent automation that dramatically reduces the time and resources spent on certificate-related tasks. By implementing Certificate Hero's advanced SaaS platform, Brown & Brow
SUNNYVALE, Calif., June 17, 2025 /PRNewswire/ -- WireX Systems is pleased to announce a strategic collaboration with Brown & Brown to combine its industry-leading cybersecurity solutions with Brown & Brown Risk Solutions' evidence-based risk identification, quantification, and financing process to deliver enhanced risk management and insurance outcomes for their customers. WireX Systems and Brown & Brown Announce Strategic Collaboration to Advance Cyber Insurance OutcomesWireX Systems is redefining incident response by providing instant, easy-to-understand answers to the most
DAYTONA BEACH, Fla., June 10, 2025 (GLOBE NEWSWIRE) -- Brown & Brown, Inc. (NYSE:BRO) ("Brown & Brown" or the "Company") today announced the pricing of its public offering of 39,215,686 shares of its common stock (the "common stock"), par value $0.10 per share, at a price to the public of $102.00 per share, for an aggregate offering amount of $4 billion. The offering is expected to close on June 12, 2025, subject to the satisfaction of customary closing conditions. In addition, the Company has granted the underwriters a 30-day option to purchase up to an additional $400 million in shares of common stock at the public offering price, less underwriting discounts. J.P. Morgan and BofA Securi
8-K - BROWN & BROWN, INC. (0000079282) (Filer)
11-K - BROWN & BROWN, INC. (0000079282) (Filer)
8-K - BROWN & BROWN, INC. (0000079282) (Filer)
Goldman downgraded Brown & Brown from Buy to Neutral and set a new price target of $119.00
Edward Jones initiated coverage of Brown & Brown with a rating of Buy
Morgan Stanley downgraded Brown & Brown from Overweight to Equal-Weight and set a new price target of $128.00
3 - BROWN & BROWN, INC. (0000079282) (Issuer)
3 - BROWN & BROWN, INC. (0000079282) (Issuer)
4 - BROWN & BROWN, INC. (0000079282) (Issuer)
DAYTONA BEACH, Fla., June 10, 2025 (GLOBE NEWSWIRE) -- J. Scott Penny, chief acquisitions officer of Brown & Brown, Inc. (NYSE:BRO), and John Mina, chief executive officer of Accession Risk Management Group, Inc. ("Accession"), today announced that Brown & Brown has entered into an agreement to acquire RSC Topco, Inc. ("RSC"), the holding company for Accession. The transaction is expected to close in the third quarter of 2025, subject to customary closing conditions and regulatory approvals. Under the terms of the agreement, Brown & Brown will acquire RSC on a cash and debt-free basis at the time of acquisition for a gross purchase price of $9.825 billion. The parties previously submitt
DAYTONA BEACH, Fla., May 08, 2025 (GLOBE NEWSWIRE) -- J. Scott Penny, chief acquisitions officer of Brown & Brown, Inc. (NYSE:BRO), and Timothy Parkman, owner of Tim Parkman, Inc. ("TPI"), today announced that a Bridge Specialty Group company and subsidiary of Brown & Brown, Inc. has acquired the assets of TPI. Established in 2002, TPI is a full-service wholesale insurance brokerage located in Clinton, Mississippi. TPI was founded with a mission to provide all customers with consistently superior service while sustaining positive underwriting results. Initially focused on personal lines, TPI has expanded into commercial lines and leverages its proprietary state-of-the-art technology platf
DAYTONA BEACH, Fla., April 28, 2025 (GLOBE NEWSWIRE) -- Brown & Brown, Inc. (NYSE:BRO) (the "Company") announced its unaudited financial results for the first quarter 2025. Revenues for the first quarter of 2025 under U.S. generally accepted accounting principles ("GAAP") were $1.4 billion, increasing $146 million, or 11.6%, compared to the first quarter of the prior year, with commissions and fees increasing by 12.0% and Organic Revenue increasing by 6.5%. Income before income taxes was $427 million, increasing 17.3% from the first quarter of the prior year with Income Before Income Taxes Margin increasing to 30.4% from 28.9%. EBITDAC - Adjusted was $535 million, increasing 14.8% from th
DAYTONA BEACH, Fla., Feb. 24, 2025 (GLOBE NEWSWIRE) -- Brown & Brown, Inc. (NYSE:BRO) (the "Company") has announced the appointment of Stephen P. Hearn, an insurance industry veteran who joined the Company's board of directors in August 2024, as executive vice president and chief operating officer. In connection with this appointment, Hearn has resigned from the Company's board of directors and will join the Company's operating committee. As chief operating officer, Hearn will apply the extensive knowledge he has acquired during his impressive 35-year career to help inform and guide Brown & Brown's continued growth strategy. Hearn will help shape the Company's continued focus on scaling o
DAYTONA BEACH, Fla., Nov. 11, 2024 (GLOBE NEWSWIRE) -- Brown & Brown, Inc. (NYSE:BRO) (the "Company") has announced the appointment of Paul Gallagher, CPA, as its controller. In this role, Gallagher will provide strategic guidance and leadership for all financial operations, including SEC and financial reporting, controls and compliance, acquisitions, planning and strategic decision-making. He will also play a key role in supporting continued talent development. "We are very excited to welcome Paul to the Brown & Brown team," said Andy Watts, executive vice president, chief financial officer and treasurer. "He brings a wealth of global experience and the skills as well as the leadership
DAYTONA BEACH, Fla., Sept. 16, 2024 (GLOBE NEWSWIRE) -- Brown & Brown, Inc. (NYSE:BRO) (the "Company") has announced the appointment of Mike Neal and Mark Abate to the Company's senior leadership team and the Retail segment senior leadership team. "We are excited to welcome Mike and Mark to Brown & Brown's senior leadership team," said Powell Brown, president and chief executive officer. "They bring extensive experience in their respective specializations, and their contributions will support our ongoing mission to be the world's leading provider of risk management and insurance solutions for our customers." Barrett Brown, executive vice president and president of the Brown & Brown's Ret
SC 13G/A - BROWN & BROWN, INC. (0000079282) (Subject)
SC 13G/A - BROWN & BROWN, INC. (0000079282) (Subject)
SC 13G/A - BROWN & BROWN, INC. (0000079282) (Subject)