Cincinnati Financial Corp recently purchased 138,259 shares of Arthur J. Gallagher & Co. (AJG) for approximately $42.8 million, making AJG its 27th-largest holding. Arthur J. Gallagher & Co. also increased its quarterly dividend to $0.70 and reported strong revenue growth, although it slightly missed revenue expectations. Analysts generally have a “Hold” rating on AJG, with several recent price target adjustments.
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138,259 Shares in Arthur J. Gallagher & Co. $AJG Bought by Cincinnati Financial Corp
Cincinnati Financial Corp recently purchased 138,259 shares of Arthur J. Gallagher & Co. (AJG) for approximately $42.8 million, making AJG its 27th-largest holding. Arthur J. Gallagher & Co. also increased its quarterly dividend to $0.70 and reported strong revenue growth, although it slightly missed revenue expectations. Analysts generally have a “Hold” rating on AJG, with several recent price target adjustments.