Arthur J. Gallagher & Co. (AJG)
Insurance Agents, Brokers & Service
Latest Price
$253.30
TTM P/E
42.01
Normalized P/E
45.57
Div Yield
1.07%
Book Value
92.32
P/B Ratio
2.74
Valuation metrics
adjust assumptions →EPS: $5.74
Book value / share: $90.74
Formula: √(22.5 × EPS × BVPS)
Graham Number
$108.26
57% downside
Norm. op. income: $1.5B (median of 7yr)
Tax rate: 17%
Discount rate: 10%
Growth assumption: zero (EPV is a no-growth value)
Earnings Power Value
$0.60
100% downside
Base FCF: $1.8B (median of recent 5yr)
Growth: 9%/yr (median YOY, capped at 25%)
Discount rate: 10%
Terminal growth: 3%
Projection horizon: 10 years
DCF Fair Value
$120.69
52% downside
EPS: $5.74
Target P/E: 46×
Formula: EPS × P/E
P/E Fair Value
$264.04
+4% upside
Institutional Ownership
92.5% held by institutions| Institution | Shares | Value | Ownership % | Change | Filing Date |
|---|---|---|---|---|---|
| BlackRock, Inc. | 19.82M | $4.55B | 7.73% | +515.1K | 2026-06-30 |
| FMR LLC | 18.65M | $4.28B | 7.27% | +4.02M | 2026-06-30 |
| VANGUARD CAPITAL MANAGEMENT LLC | 16.78M | $3.85B | 6.55% | +77.3K | 2026-06-30 |
| JPMORGAN CHASE & CO | 14.36M | $3.26B | 5.60% | -5.96M | 2026-06-30 |
| Capital World Investors | 12.51M | $2.87B | 4.88% | -1.31M | 2026-06-30 |
| VANGUARD PORTFOLIO MANAGEMENT LLC | 12.45M | $2.86B | 4.86% | +35.4K | 2026-06-30 |
| STATE STREET CORP | 11.30M | $2.60B | 4.41% | +329.9K | 2026-06-30 |
| Dodge & Cox | 9.36M | $2.15B | 3.65% | +2.01M | 2026-06-30 |
| NORGES BANK | 6.73M | $1.54B | 2.63% | -704.9K | 2026-06-30 |
| GEODE CAPITAL MANAGEMENT, LLC | 6.30M | $1.45B | 2.46% | +55.2K | 2026-06-30 |