Rep. April McClain Delaney Buys Brown & Brown, Inc. (NYSE:BRO) Shares

Representative April McClain Delaney (Democratic-Maryland) recently bought shares of Brown & Brown, Inc. (NYSE:BRO). In a filing disclosed on March 10th, the Representative disclosed that they had bought between $1,001 and $15,000 in Brown & Brown stock on February 6th.

Representative April McClain Delaney also recently made the following trade(s):

• Purchased $1,001 – $15,000 in shares of EMCOR Group (NYSE:EME) on 2/27/2026.
• Sold $1,001 – $15,000 in shares of Jones Lang LaSalle (NYSE:JLL) on 2/27/2026.
• Purchased $1,001 – $15,000 in shares of Nasdaq (NASDAQ:NDAQ) on 2/27/2026.
• Sold $1,001 – $15,000 in shares of Morningstar (NASDAQ:MORN) on 2/25/2026.
• Sold $1,001 – $15,000 in shares of Fortune Brands Innovations (NYSE:FBIN) on 2/24/2026.
• Sold $1,001 – $15,000 in shares of Jones Lang LaSalle (NYSE:JLL) on 2/24/2026.
• Sold $1,001 – $15,000 in shares of Bio-Techne (NASDAQ:TECH) on 2/24/2026.
• Sold $1,001 – $15,000 in shares of CDW (NASDAQ:CDW) on 2/24/2026.
• Sold $1,001 – $15,000 in shares of Paychex (NASDAQ:PAYX) on 2/24/2026.
• Sold $1,001 – $15,000 in shares of Paychex (NASDAQ:PAYX) on 2/23/2026.

Brown & Brown Stock Performance

Shares of NYSE:BRO traded down $0.82 during midday trading on Tuesday, hitting $68.37. The company’s stock had a trading volume of 2,157,991 shares, compared to its average volume of 3,065,011. The company has a debt-to-equity ratio of 0.55, a quick ratio of 1.66 and a current ratio of 1.66. The stock’s 50 day simple moving average is $73.01 and its 200 day simple moving average is $81.17. The stock has a market capitalization of $23.27 billion, a price-to-earnings ratio of 21.37, a PEG ratio of 1.86 and a beta of 0.79. Brown & Brown, Inc. has a fifty-two week low of $65.68 and a fifty-two week high of $125.68.

Brown & Brown (NYSE:BRO) last posted its quarterly earnings data on Monday, January 26th. The financial services provider reported $0.93 earnings per share for the quarter, topping the consensus estimate of $0.91 by $0.02. The business had revenue of $1.61 billion during the quarter, compared to analysts’ expectations of $1.65 billion. Brown & Brown had a return on equity of 12.93% and a net margin of 17.84%.The firm’s revenue was up 35.7% compared to the same quarter last year. During the same quarter in the previous year, the firm earned $0.86 EPS. As a group, research analysts anticipate that Brown & Brown, Inc. will post 4.18 earnings per share for the current year.

Brown & Brown Dividend Announcement

The firm also recently declared a quarterly dividend, which was paid on Wednesday, February 11th. Stockholders of record on Wednesday, February 4th were given a $0.165 dividend. This represents a $0.66 annualized dividend and a dividend yield of 1.0%. The ex-dividend date of this dividend was Wednesday, February 4th. Brown & Brown’s dividend payout ratio (DPR) is currently 20.63%.

Analyst Ratings Changes

Several equities research analysts have recently weighed in on the company. Royal Bank Of Canada initiated coverage on Brown & Brown in a research report on Tuesday. They issued a “sector perform” rating and a $76.00 price objective for the company. Bank of America cut their target price on shares of Brown & Brown from $94.00 to $90.00 and set a “neutral” rating for the company in a research note on Tuesday, January 27th. Wells Fargo & Company reduced their price target on shares of Brown & Brown from $82.00 to $78.00 and set an “equal weight” rating for the company in a report on Friday, February 13th. JPMorgan Chase & Co. initiated coverage on shares of Brown & Brown in a research report on Thursday, December 18th. They issued a “neutral” rating and a $91.00 price target on the stock. Finally, Jefferies Financial Group dropped their price objective on shares of Brown & Brown from $89.00 to $84.00 and set a “hold” rating on the stock in a report on Wednesday, January 28th. Four investment analysts have rated the stock with a Buy rating and fifteen have issued a Hold rating to the stock. According to MarketBeat.com, the company presently has a consensus rating of “Hold” and an average target price of $89.33.

Institutional Trading of Brown & Brown

Hedge funds have recently made changes to their positions in the business. Bank of New York Mellon Corp grew its stake in shares of Brown & Brown by 3.8% in the third quarter. Bank of New York Mellon Corp now owns 1,420,814 shares of the financial services provider’s stock valued at $133,258,000 after acquiring an additional 51,959 shares in the last quarter. Tandem Investment Advisors Inc. boosted its holdings in Brown & Brown by 69.7% in the 3rd quarter. Tandem Investment Advisors Inc. now owns 1,385,214 shares of the financial services provider’s stock valued at $129,919,000 after purchasing an additional 569,037 shares during the period. Vanguard Group Inc. boosted its holdings in Brown & Brown by 4.8% in the 3rd quarter. Vanguard Group Inc. now owns 37,330,892 shares of the financial services provider’s stock valued at $3,501,264,000 after purchasing an additional 1,705,570 shares during the period. Invesco Ltd. grew its position in shares of Brown & Brown by 1.1% during the 2nd quarter. Invesco Ltd. now owns 4,166,370 shares of the financial services provider’s stock worth $461,925,000 after purchasing an additional 46,235 shares in the last quarter. Finally, Mirae Asset Global Investments Co. Ltd. grew its position in shares of Brown & Brown by 43.3% during the 3rd quarter. Mirae Asset Global Investments Co. Ltd. now owns 48,600 shares of the financial services provider’s stock worth $4,558,000 after purchasing an additional 14,678 shares in the last quarter. 71.01% of the stock is owned by institutional investors and hedge funds.

About Representative McClain Delaney

April McClain-Delaney (Democratic Party) is a member of the U.S. House, representing Maryland’s 6th Congressional District. She assumed office on January 3, 2025. Her current term ends on January 3, 2027.

McClain-Delaney (Democratic Party) is running for re-election to the U.S. House to represent Maryland’s 6th Congressional District. She declared candidacy for the 2026 election.

April McClain-Delaney grew up in Buhl, Idaho, where her father was a potato farmer. She obtained her bachelor’s degree in communications from Northwestern University in 1986 and her law degree from Georgetown Law Center in 1989. McClain-Delaney worked in communications law, first with the satellite firm Orion Network Systems and later as the Washington director for Common Sense Media, a nonprofit focused on technology and children. In 2022, McClain-Delaney joined the U.S. Department of Commerce under President Joe Biden (D) as deputy assistant secretary for communications and information. McClain-Delaney served on the board of the Georgetown University Law Center, the International Center for Research on Women, and the Northwestern University School of Communications.

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.