Arthur J. Gallagher (AJG)
Financials · NYSE · US
Price as at 12 Aug 2026, 04:37 UTC. Quotes are delayed.
Fundamentals
Valuation and ratings
Arthur J. Gallagher trades at $253.51, which is 20% above the $202.70 our fair value estimate puts on the business. On that measure it screens as expensive, which is not the same as saying it will fall.
Our moat model scores it 60 out of 100, which is a moat, but not a deep one. A moat is a structural reason competitors cannot take the profits away, and it matters more to a long holding period than any single quarter's numbers do.
It changes hands at 41.0 times earnings. Be careful reading that in isolation: for a cyclical business a low P/E arrives at the top of the cycle, when profits are peaking and about to fall, which is exactly when the shares look cheapest and are not.
AJG dividend history
Dividends per share by year
| Year | Total per share | Payments |
|---|---|---|
| 2026 (year to date) | $1.40 | 2 |
| 2025 | $2.60 | 4 |
| 2024 | $2.40 | 4 |
| 2023 | $2.20 | 4 |
| 2022 | $2.04 | 4 |
| 2021 | $1.92 | 4 |
| 2020 | $1.80 | 4 |
| 2019 | $1.72 | 4 |
| 2018 | $1.64 | 4 |
| 2017 | $1.56 | 4 |
| 2016 | $1.52 | 4 |
Split-adjusted amounts in the listing currency, grouped by the calendar year of the ex-dividend date, from the filed record. Growth and streak figures compare complete years only.
AJG earnings and analyst estimates
Recommendation mix, 22 published ratings
Estimates are the published analyst consensus and move often. An earnings date is scheduled, not certain, and a share tends to reprice most violently on the day itself.
About Arthur J. Gallagher
Arthur J. Gallagher & Co., together with its subsidiaries, provides insurance and reinsurance brokerage, consulting, and third-party property/casualty claims settlement and administration services to entities and individuals worldwide. The company operates in Brokerage and Risk Management segments. Its Brokerage segment offers retail and wholesale insurance and reinsurance brokerage services; assists retail brokers and other non-affiliated brokers in the placement of specialized and hard-to-place insurance; and acts as a brokerage wholesaler, managing general agent, and managing general underwriter for distributing specialized insurance coverages to underwriting enterprises. This segment performs activities, including marketing, underwriting, issuing policies, collecting premiums, appointing and supervising other agents, paying claims, and negotiating reinsurance; and offers services in the areas of insurance and reinsurance placement, risk of loss management, and management of employer sponsored benefit programs. The Risk Management segment provides contract claim settlement and administration services; and claims management, loss control consulting, and insurance property appraisal services. The company offers its services through a network of correspondent brokers and consultants. It serves commercial, industrial, public, religious, and nonprofit entities, as well as underwriting enterprises. The company was founded in 1927 and is headquartered in Rolling Meadows, Illinois.
Company profile, industry and headcount are as reported by our data provider and can lag a company's own filings by a reporting period. The annual report is the authority.
AJG passes 1 of our 30 screens today
Each screen prints the exact criteria it used, and the circumstances in which it is wrong.
Super investor ownership
17 of the funds we track reported a position in their latest SEC 13F filing. Largest first:
- Dodge & Cox, DODGE & COX$2.15B · 1.1% of book
- Boykin Curry, EAGLE CAPITAL MANAGEMENT LLC$1.12B · 3.4% of book
- Capital Research Global, Capital Research Global Investors$593.63M · 0.1% of book
- First Pacific Advisors, First Pacific Advisors, LP$306.77M · 3.8% of book
- Glenn Greenberg, Brave Warrior Advisors, LLC$295.00M · 6.4% of book
A word of warning on reading these figures: a 13F reports the market value of a holding, so a fund that traded nothing at all still appears to have sold when the price fell. We found 102 companies where the standard reading gives the opposite answer. Only the share count is honest.
Common questions
Is Arthur J. Gallagher (AJG) undervalued?
Against our fair value estimate of $202.70, AJG at $253.51 is 20% above fair value. That is one model's answer, not a recommendation. It is built from normalized earning power with growth capped deliberately low, which understates companies whose value is mostly future growth.
Which funds own AJG?
17 of the institutions we track reported a position in AJG in their most recent SEC 13F filing. A 13F is filed up to 45 days after quarter end, so it tells you what a fund held then, not what it holds now.
What is AJG's P/E ratio?
AJG trades at 41.0 times earnings. A low P/E is not automatically cheap: on a cyclical company it is usually a warning that earnings are at a peak.
Does Arthur J. Gallagher (AJG) pay a dividend?
Yes. Arthur J. Gallagher yields 1.11% at the current share price. It has paid $2.05 per share over the trailing twelve months. It has paid a dividend in each of the last 38 complete calendar years. A dividend is declared by the board and can be cut at any time; a yield is a fact about the current price, not a promise.
Where does SteadyShares get its AJG data?
Fundamentals for AJG come from company filings and exchange data, as listed on NYSE; institutional ownership comes from SEC 13F filings. The share price shown was last refreshed on 12 Aug 2026, 04:37 UTC and is delayed. Metrics we do not hold are left out of the page rather than estimated.
The full research page for AJG, with financial statements, ownership detail, peer comparison and alerts, is free inside the app.
Data from company filings, exchange quotes and SEC EDGAR 13F disclosures. Quotes are delayed. Metrics we do not have are left out rather than estimated. Educational information, not financial advice.