AJG

Arthur J. Gallagher & Co.
NYSEUSDEQUITY Financial Services DELAYED
Last price
229.85
▲ 2.61 (1.15%)
MARKET · —

Price

1D — H — L — Range — Vol —
Drag pan · Pinch zoom · Hold crosshair · pick a tool then drag to draw
Open
225.81
Prev close
227.24
Day high
230.73
Day low
225.08
Volume
1.15M
Market cap
$58.92B
P/E (TTM)
37.68
52W range
190.75 – 310.35

Day trading desk

Current session · delayed
Gap from prior close
-0.63%
Prior close 227.24
VWAP
229.63
+0.10% from price
Relative volume
1.36×
Normal
Session range
2.51%
225.08 – 230.73
Position in range
84%
Near session high
ATR (14D)
5.69
2.48% of price
Prior day high
227.54
PDH
Prior day low
219.65
PDL
Bid / ask spread
—
Quote not published
Session volume
1.91M
Avg 1.40M

VWAP and the session figures are computed from the delayed intraday series on this page, so they lag the live tape and will not match a broker's real-time VWAP exactly. Turn on Prior day H/L/C, Opening range and Volume profile in the chart's Studies menu to see these levels drawn on price.

Trailing performance

Price return · vs SPY
Returnvs SPY
1W
+0.92% -1.0%
1M
-12.50% -13.7%
3M
-10.43% -14.9%
6M
+5.64% -12.5%
YTD
-11.18% -25.4%
1Y
-25.97% -42.4%
3Y
+0.84% -81.4%
5Y
— —

Price return only. Dividends are not reinvested, so total return on a dividend payer will be higher than shown.

Unusual options activity

Account required
Nothing crossed the thresholds in the expiries we scanned.
That is the normal state — most contracts trade well inside their existing open interest.
Free account required

Contracts trading at or above their open interest, ranked by notional and where the print landed.

Free account

5 more panels on AJG open with an account.

Options chains and analytics, valuation ratios, insider filings, analyst targets and ownership. No card, no trial, nothing to cancel.

Insider net activity

6m · Form 4 rollup
Net shares
+62.30K
Net buying
Buy transactions
19
93.80K shares
Sell transactions
5
31.50K shares
Net transactions
+24
Buys less sells
Sell : buy shares
0.3 : 1
Mixed
Insider-held shares
2.22M
Total on file
Bought 93.80KSold 31.50K

Insider transactions

Account required
DateInsiderAction SharesValueHeld
Sep 15, 26
CARY RICHARD C
Officer
SELL 1.00K $252.86K Direct
Sep 8, 26
GALLAGHER J PATRICK JR
Chief Executive Officer
STOCK 49.99K $0 Indirect
Sep 2, 26
HUDSON SCOTT R
Officer
SELL 12.00K $3.17M Direct
Sep 2, 26
HUDSON SCOTT R
Officer
CONVERSION 12.00K $1.03M Direct
Sep 1, 26
MISKEL CHRISTOPHER C.
Director
STOCK 152 $40.00K Direct
Aug 24, 26
BAY WALTER D
General Counsel
SELL 12.00K $3.24M Direct
Aug 19, 26
MEAD CHRISTOPHER E.
Officer
SELL 3.50K $899.59K Direct
Aug 19, 26
MEAD CHRISTOPHER E.
Officer
CONVERSION 3.50K $301.60K Direct
Aug 14, 26
BLOOM MARK H
Officer
— 1.28K — Direct
Jul 1, 26
GALLAGHER THOMAS JOSEPH
President
CONVERSION 351 $80.80K Direct
Jul 1, 26
JAIN VISHAL
Officer
CONVERSION 2.16K $496.49K Direct
Jul 1, 26
PESCH MICHAEL ROBERT
Officer
CONVERSION 355 $81.68K Direct
Jun 2, 26
CARY RICHARD C
Officer
SELL 3.00K $618.00K Direct
Jun 1, 26
JOHNSON DAVID S
Director
STOCK 236 $48.75K Direct
What this is, and what it is not

These are SEC Form 4 filings — officers, directors and 10% owners reporting their own trades in the company's stock. Filing is due within two business days of the transaction, so this lags reality by days, and the provider adds its own lag on top.

A sale is not automatically bearish. Executives sell on scheduled 10b5-1 plans, to cover tax on vesting equity, and to diversify. Purchases with cash are generally the more informative signal, and they are far rarer.

This does not include congressional or senate trading. That comes from STOCK Act disclosures filed with the Senate eFD system and the House Clerk, which this data source does not carry.

Free account required

Officer and director trades in their own stock, straight from Form 4 filings.

Insider holders

10 reporting
NameRelationShares heldLatest
BAY WALTER D
General Counsel 71.78K Sale
GALLAGHER J PATRICK JR
Chief Executive Officer — Stock Gift
GALLAGHER PATRICK MURPHY
Chief Operating Officer 262.44K Stock Gift
GALLAGHER THOMAS JOSEPH
President 634.93K Conversion of Exercise of derivative security
HOWELL DOUGLAS K
Chief Financial Officer 110.37K Conversion of Exercise of derivative security
HUDSON SCOTT R
Officer 90.67K Sale
JAIN VISHAL
Officer 69.39K Conversion of Exercise of derivative security
JOHNSON DAVID S
Director 47.39K Stock Award(Grant)
PESCH MICHAEL ROBERT
Officer 57.89K Conversion of Exercise of derivative security
ZIEBELL WILLIAM F
Officer 49.18K Conversion of Exercise of derivative security

Fundamentals

TTM · reported
Market cap$58.92B
Enterprise value$71.66B
Revenue (TTM)$15.11B
Gross profit$6.53B
EBITDA$4.29B
Net income$1.57B
EPS (TTM)$6.10
Free cash flow$2.08B
Total cash$1.39B
Total debt$14.11B
Book value / share$92.54
Shares outstanding256.34M
Float253.52M
Short % of float2.52%
Dividend yield1.23%
Beta (5Y)0.55

Valuation & profitability ratios

Account required
Trailing P/E37.68
Forward P/E15.47
PEG ratio0.67
Price / sales—
Price / book2.48
EV / revenue4.74
EV / EBITDA16.71
Gross margin43.19%
Operating margin19.16%
Profit margin10.38%
Return on equity6.72%
Return on assets2.32%
Debt / equity59.40
Current ratio1.05
Free account required

Fourteen ratios including P/E, PEG, EV/EBITDA, margins and return on equity.

Financial statements

As reported · 4 years · 6 quarters
Blank means not reported, not zero
Line item2025202420232022YoY
Total revenue $13.94B$11.55B$10.07B$8.55B +20.7%
Operating revenue $12.99B$10.77B$9.38B$7.93B +20.5%
Cost of revenue $8.01B$6.68B$5.83B$4.95B +19.9%
Gross profit $5.94B$4.88B$4.25B$3.60B +21.7%
Total operating expense $3.38B$2.60B$2.39B$1.93B +30.2%
Operating income $2.56B$2.28B$1.86B$1.67B +12.0%
Net interest income -$639.00M-$381.00M-$297.00M-$256.90M -67.7%
Pre-tax income $1.87B$1.88B$1.19B$1.33B -0.2%
Tax provision $368.00M$404.00M$219.00M$211.00M -8.9%
Net income $1.49B$1.46B$970.00M$1.11B +2.1%
Net income to common $1.49B$1.46B$970.00M$1.11B +2.1%
Basic EPS 5.836.634.515.30 -12.1%
Diluted EPS 5.746.504.425.19 -11.7%
EBIT $2.51B$2.26B$1.48B$1.58B +11.3%
EBITDA $3.63B$3.10B$2.18B$2.18B +17.2%
Basic shares 256.15M220.50M214.93M210.33M +16.2%
Diluted shares 260.13M224.97M219.36M214.67M +15.6%

Options analytics

Account required
Put / call volume
0.66
Call-heavy session
Put / call open interest
0.30
Positioning, not flow
Max pain
240.00
+4.4% from spot
ATM implied vol
36.7%
Nearest strike to spot
Skew (10% OTM)
+9.2%
Puts bid over calls
Call volume
221
Contracts, this expiry
Put volume
146
Contracts, this expiry
Heaviest call OI
260.00
1.60K contracts
Heaviest put OI
175.00
397 contracts

Max pain is the strike at which the largest dollar value of open contracts expires worthless. It describes current positioning; it is not a forecast and it moves as open interest changes.

Free account required

Put/call ratios, max pain, implied volatility skew and where open interest is concentrated.

Earnings

History & consensus estimates
Reported vs expected · EPS
QuarterEst.ActualSurprise
Jun 2026 2.812.84 +0.9%
Mar 2026 4.434.47 +1.0%
Dec 2025 2.352.38 +1.4%
Sep 2025 2.542.32 -8.5%
Forward consensus
PeriodEPSAnalystsRevenueGrowth
Current quarter 3.00 19 $4.00B +19.9%
Next quarter 2.80 18 $3.88B +8.8%
Current year 13.11 21 $16.63B +21.0%
Next year 14.86 22 $18.17B +9.2%

Analyst targets & ownership

Account required
Mean target$287.00
High target$388.00
Low target$250.00
Implied upside24.86%
Analyst count18
ConsensusBUY
Strong buy / Buy4 / 12
Hold6
Sell / Strong sell0 / 0
Held by insiders0.87%
Held by institutions95.51%
Institutions holding1.72K
Free account required

Price targets, consensus spread, insider and institutional ownership.

Moving averages & technicals

Computed from 2Y daily closes
SMA 10
228.82
+0.45% from price
SMA 20
235.46
-2.38% from price
SMA 50
248.84
-7.63% from price
SMA 100
237.36
-3.16% from price
SMA 200
232.73
-1.24% from price
EMA 12
231.58
-0.75% from price
EMA 26
238.15
-3.48% from price
EMA 50
241.68
-4.89% from price
RSI (14)
40.3
Neutral
MACD (12,26,9)
-6.56
Hist -0.22
ATR (14)
5.69
2.48% of price
Realised vol 30D
29.5%
Annualised
Bollinger upper
251.32
20, 2σ
Bollinger lower
219.60
20, 2σ
50 / 200 cross
Golden
248.84 vs 232.73
Trend bias
Below 200
-1.24%

Options chain

Account required
Expiry
Spot 229.85
Calls
StrikeLastBidAskVolOIIV
000.000.000.000.00000.0%
000.000.000.000.00000.0%
000.000.000.000.00000.0%
000.000.000.000.00000.0%
000.000.000.000.00000.0%
000.000.000.000.00000.0%
000.000.000.000.00000.0%
Puts
StrikeLastBidAskVolOIIV
000.000.000.000.00000.0%
000.000.000.000.00000.0%
000.000.000.000.00000.0%
000.000.000.000.00000.0%
000.000.000.000.00000.0%
000.000.000.000.00000.0%
000.000.000.000.00000.0%
Free account required

Every listed expiry, both sides of the book, with volume, open interest and implied volatility.

Risk profile

Daily returns · 1Y window
Beta vs SPY
-0.30
Less volatile than market
Correlation to SPY
-0.12
Largely independent
Realised vol 30D
29.5%
Annualised
Market vol 1Y
13.0%
SPY, annualised
Max drawdown 1Y
-38.0%
Peak to trough
Max drawdown 5Y
-44.9%
Peak to trough
ATR 14
5.69
2.48% of price
Beta (reported)
0.55
5Y monthly, from filing

Short interest

Semi-monthly exchange report · lags by ~2 weeks
Shares short
6.37M
Prior 5.85M
Change vs prior
+9.0%
Shorts adding
% of float
2.52%
Normal
% of shares out
2.49%
Against total outstanding
Days to cover
4.7
Liquid
Float
253.52M
Freely tradeable shares

Exchanges publish short interest twice a month with a settlement lag, so this is roughly two weeks behind. Days to cover divides shares short by average daily volume — it estimates how long covering would take, not whether it will happen.

Rating changes

325 on file
DateFirm ActionFromTo
Oct 6, 26 Morgan Stanley MAINTAINED Overweight Overweight
Sep 25, 26 Morgan Stanley MAINTAINED Overweight Overweight
Sep 24, 26 RBC Capital MAINTAINED Outperform Outperform
Sep 24, 26 Wells Fargo MAINTAINED Overweight Overweight
Sep 16, 26 Mizuho MAINTAINED Outperform Outperform
Aug 19, 26 Morgan Stanley MAINTAINED Overweight Overweight
Aug 17, 26 Argus Research MAINTAINED Buy Buy
Aug 4, 26 Citigroup MAINTAINED Buy Buy
Aug 3, 26 UBS MAINTAINED Buy Buy
Aug 3, 26 Wells Fargo MAINTAINED Overweight Overweight
Jul 31, 26 RBC Capital MAINTAINED Outperform Outperform
Jul 31, 26 Mizuho MAINTAINED Outperform Outperform

Dividends & splits

Declared · from the issuer
Forward rate$2.80 / yr
Forward yield1.23%
5-year avg yield0.97%
Payout ratio44.78%
Ex-dividend dateSep 8, 2026
Next pay dateSep 18, 2026
Last split2:1
Split dateJan 19, 2001

PRIVATE STRATEGY · BY QUALIFICATION

The same data. A different seat.

The research you are reading is the input layer for a discretionary options program we run for a small number of qualified investors. Minimum $1,000,000.