Brown & Brown, Inc. $BRO is Tandem Investment Advisors Inc.’s 6th Largest Position

Tandem Investment Advisors Inc. lifted its stake in shares of Brown & Brown, Inc. (NYSE:BRO) by 69.7% during the 3rd quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 1,385,214 shares of the financial services provider’s stock after buying an additional 569,037 shares during the quarter. Brown & Brown comprises 4.4% of Tandem Investment Advisors Inc.’s portfolio, making the stock its 6th largest position. Tandem Investment Advisors Inc. owned approximately 0.41% of Brown & Brown worth $129,919,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other institutional investors also recently bought and sold shares of the company. Darwin Wealth Management LLC bought a new stake in shares of Brown & Brown during the second quarter valued at approximately $30,000. Motco bought a new position in Brown & Brown in the second quarter worth $32,000. Migdal Insurance & Financial Holdings Ltd. purchased a new position in Brown & Brown during the second quarter valued at $49,000. Horizon Bancorp Inc. IN purchased a new position in Brown & Brown during the second quarter valued at $50,000. Finally, Evelyn Partners Investment Management LLP bought a new stake in shares of Brown & Brown during the 2nd quarter valued at $52,000. 71.01% of the stock is owned by institutional investors.

Wall Street Analyst Weigh In

Several equities research analysts recently commented on BRO shares. Wolfe Research assumed coverage on shares of Brown & Brown in a research note on Thursday, November 20th. They set a “peer perform” rating on the stock. BMO Capital Markets lowered their target price on shares of Brown & Brown from $88.00 to $81.00 and set a “market perform” rating for the company in a report on Thursday. Jefferies Financial Group dropped their price target on Brown & Brown from $89.00 to $84.00 and set a “hold” rating on the stock in a research report on Wednesday. JPMorgan Chase & Co. assumed coverage on Brown & Brown in a research note on Thursday, December 18th. They issued a “neutral” rating and a $91.00 price target on the stock. Finally, Mizuho lowered their price objective on Brown & Brown from $90.00 to $84.00 and set a “neutral” rating for the company in a research note on Wednesday. Three equities research analysts have rated the stock with a Buy rating and fifteen have assigned a Hold rating to the stock. According to data from MarketBeat, the company currently has a consensus rating of “Hold” and an average price target of $90.64.

Brown & Brown Trading Down 0.1%

NYSE:BRO opened at $72.05 on Friday. The company has a market cap of $24.60 billion, a PE ratio of 22.52, a price-to-earnings-growth ratio of 2.16 and a beta of 0.81. 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 company has a 50 day simple moving average of $79.46 and a two-hundred day simple moving average of $87.66. Brown & Brown, Inc. has a 12 month low of $71.48 and a 12 month 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 EPS for the quarter, beating analysts’ consensus estimates of $0.91 by $0.02. The company 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%.Brown & Brown’s revenue for the quarter was up 35.7% compared to the same quarter last year. During the same quarter in the prior year, the business earned $0.86 earnings per share. Research analysts forecast 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 will be paid on Wednesday, February 11th. Shareholders of record on Wednesday, February 4th will be given a $0.165 dividend. The ex-dividend date is Wednesday, February 4th. This represents a $0.66 annualized dividend and a yield of 0.9%. Brown & Brown’s dividend payout ratio (DPR) is presently 20.63%.

Key Stories Impacting Brown & Brown

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

• Positive Sentiment: Management outlined a 2026 margin target of 32%–37% and projected $30M–$40M of synergies from the Accession integration — this supports medium‑term profit improvement and cost rationalization. Accession margin/synergy article
• Positive Sentiment: Argus upgraded BRO to a “hold” (less negative stance), which can limit downside from purely bearish analyst sentiment. Argus upgrade
• Neutral Sentiment: Q4 operating EPS of $0.93 beat consensus by $0.02 but revenue missed estimates — a mixed beat that reduces some concern on profitability while leaving growth questions. Q4 earnings transcript
• Negative Sentiment: Bank of America cut its price target to $90 and lowered its long‑term earnings outlook for BRO, explicitly flagging concerns after Q4 results — this is a prominent negative signal to institutional investors. BofA outlook/target cut
• Negative Sentiment: Multiple brokerages trimmed price targets (Morgan Stanley to $78, BMO to $81, Wells Fargo to $82, Jefferies and Mizuho to ~$84) and some moved to neutral/equal‑weight — the cluster of downgrades and PT cuts increases selling pressure and helped push BRO to a 12‑month low. Analyst PT cuts (Benzinga) BofA PT to $90 New 12-month low report
• Negative Sentiment: Pomerantz LLP opened an investor investigation into Brown & Brown — potential litigation and disclosure risks can increase uncertainty and weigh on the stock until resolved. Pomerantz investigation

Brown & Brown 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.