Rep. Jared Moskowitz Sells Brown & Brown, Inc. (NYSE:BRO) Shares

Representative Jared Moskowitz (Democratic-Florida) recently sold shares of Brown & Brown, Inc. (NYSE:BRO). In a filing disclosed on April 30th, the Representative disclosed that they had sold between $1,001 and $15,000 in Brown & Brown stock on March 23rd. The trade occurred in the Representative’s “MORGAN STANLEY ACTIVE ASSETS (5)” account.

Representative Jared Moskowitz also recently made the following trade(s):

• Purchased $1,001 – $15,000 in shares of Palo Alto Networks (NASDAQ:PANW) on 3/31/2026.
• Purchased $1,001 – $15,000 in shares of Cencora (NYSE:COR) on 3/31/2026.
• Purchased $1,001 – $15,000 in shares of McDonald’s (NYSE:MCD) on 3/31/2026.
• Purchased $1,001 – $15,000 in shares of GE Aerospace (NYSE:GE) on 3/31/2026.
• Sold $15,001 – $50,000 in shares of Qualcomm (NASDAQ:QCOM) on 3/31/2026.
• Purchased $1,001 – $15,000 in shares of American Express (NYSE:AXP) on 3/31/2026.
• Purchased $1,001 – $15,000 in shares of Broadcom (NASDAQ:AVGO) on 3/31/2026.
• Purchased $1,001 – $15,000 in shares of Chubb (NYSE:CB) on 3/31/2026.
• Sold $1,001 – $15,000 in shares of Cummins (NYSE:CMI) on 3/31/2026.
• Purchased $1,001 – $15,000 in shares of General Dynamics (NYSE:GD) on 3/31/2026.

Brown & Brown Stock Down 4.3%

Shares of BRO opened at $57.58 on Friday. The firm has a market cap of $19.52 billion, a P/E ratio of 18.52, a PEG ratio of 2.77 and a beta of 0.66. Brown & Brown, Inc. has a 12 month low of $57.46 and a 12 month high of $113.83. The stock’s 50 day moving average is $67.60 and its two-hundred day moving average is $75.18. The company has a current ratio of 1.64, a quick ratio of 1.66 and a debt-to-equity ratio of 0.52.

Brown & Brown (NYSE:BRO) last announced its earnings results on Monday, April 27th. The financial services provider reported $1.39 earnings per share for the quarter, topping the consensus estimate of $1.36 by $0.03. Brown & Brown had a return on equity of 12.94% and a net margin of 17.94%.The business had revenue of $1.90 billion during the quarter, compared to the consensus estimate of $1.89 billion. During the same period in the prior year, the company posted $1.29 EPS. The business’s quarterly revenue was up 35.4% on a year-over-year basis. Analysts predict that Brown & Brown, Inc. will post 4.51 earnings per share for the current fiscal year.

Brown & Brown Announces Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Wednesday, May 20th. Shareholders of record on Monday, May 11th will be issued a $0.165 dividend. This represents a $0.66 annualized dividend and a yield of 1.1%. The ex-dividend date of this dividend is Monday, May 11th. Brown & Brown’s dividend payout ratio (DPR) is presently 21.22%.

Institutional Inflows and Outflows

A number of hedge funds and other institutional investors have recently added to or reduced their stakes in BRO. Vanguard Group Inc. grew its holdings in shares of Brown & Brown by 0.8% during the fourth quarter. Vanguard Group Inc. now owns 37,634,847 shares of the financial services provider’s stock worth $2,999,497,000 after buying an additional 303,955 shares in the last quarter. Capital World Investors lifted its stake in shares of Brown & Brown by 2.3% in the fourth quarter. Capital World Investors now owns 17,886,395 shares of the financial services provider’s stock worth $1,425,546,000 after buying an additional 407,006 shares in the last quarter. Principal Financial Group Inc. boosted its position in Brown & Brown by 13.4% during the third 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 during the last quarter. State Street Corp grew its stake in Brown & Brown by 2.2% during the 4th quarter. State Street Corp now owns 13,403,814 shares of the financial services provider’s stock valued at $1,068,284,000 after acquiring an additional 282,988 shares in the last quarter. Finally, Geode Capital Management LLC grew its stake in Brown & Brown by 1.5% during the 4th quarter. Geode Capital Management LLC now owns 7,952,957 shares of the financial services provider’s stock valued at $631,495,000 after acquiring an additional 118,225 shares in the last quarter. Hedge funds and other institutional investors own 71.01% of the company’s stock.

Analysts Set New Price Targets

Several brokerages recently commented on BRO. Jefferies Financial Group cut their price target on shares of Brown & Brown from $89.00 to $84.00 and set a “hold” rating for the company in a report on Wednesday, January 28th. Royal Bank Of Canada decreased their price objective on shares of Brown & Brown from $76.00 to $72.00 and set a “sector perform” rating on the stock in a report on Wednesday. Mizuho dropped their target price on shares of Brown & Brown from $85.00 to $84.00 and set an “outperform” rating on the stock in a research report on Monday, April 13th. Bank of America cut their target price on shares of Brown & Brown from $90.00 to $88.00 and set a “neutral” rating for the company in a research note on Tuesday, April 14th. Finally, Keefe, Bruyette & Woods reduced their price target on shares of Brown & Brown from $74.00 to $72.00 and set a “market perform” rating for the company in a research report on Wednesday. Three investment analysts have rated the stock with a Buy rating and fifteen have issued a Hold rating to the company’s stock. According to data from MarketBeat.com, Brown & Brown presently has a consensus rating of “Hold” and an average price target of $83.00.

About Representative Moskowitz

Jared Evan Moskowitz (Democratic Party) is a member of the U.S. House, representing Florida’s 23rd Congressional District. He assumed office on January 3, 2023. His current term ends on January 3, 2027.

Moskowitz (Democratic Party) is running for re-election to the U.S. House to represent Florida’s 23rd Congressional District. He declared candidacy for the 2026 election.

Jared Evan Moskowitz was born in Coral Springs, Florida. Moskowitz graduated from Marjory Stoneman Douglas High School. He earned a bachelor’s degree in political science and government from George Washington University in 2003 and a law degree from Nova Southeastern University in 2007. Moskowitz’s career experience includes working as the director of the Florida Division of Emergency Management and general counsel with AshBritt Inc.

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.