AJG is the NYSE ticker for Arthur J. Gallagher & Co., a global insurance brokerage and risk management services firm. Founded in 1927 and headquartered in Rolling Meadows, Illinois, the company provides insurance and reinsurance brokerage, consulting, and third-party claims administration. It serves clients across more than 130 countries through a network of owned operations and correspondent brokers, making it one of the world's largest insurance brokerage firms.
AJG operates in the insurance brokerage and risk management industry, which is part of the broader financial services sector. The company earns commissions and fees by placing insurance coverage for businesses and individuals, rather than underwriting risk itself. This asset-light, fee-based model distinguishes insurance brokers from insurance carriers and exposes AJG to different cyclical and competitive dynamics than companies that hold underwriting risk on their balance sheets.
AJG's share price moves with changes in investor expectations about the company's future earnings, organic growth, and margin trends. Insurance-brokerage-specific factors include premium rate cycles, acquisition activity, and retention rates, while broader forces include interest rates, equity-market conditions, and sector rotation. Quarterly results that beat or miss expectations, guidance updates, and news about large mergers or leadership changes can all trigger meaningful price moves in either direction.
Valuation for AJG is commonly assessed using price-to-earnings, forward P/E, and enterprise-value-to-EBITDA multiples, often compared with other insurance brokers rather than the broad market. Because the business is fee-based, revenue and free-cash-flow trends also matter. Since valuation inputs change daily, refer to the valuation metrics and peer comparisons shown on this page for the latest figures rather than relying on static numbers.
AJG trades on the New York Stock Exchange during regular U.S. market hours. Trading outside those hours is possible through pre-market and after-hours sessions offered by many brokers, but liquidity is typically much thinner and bid-ask spreads wider. Extended-hours prices can therefore differ materially from the official closing price, and not every brokerage supports off-hours execution, so availability depends on the platform used.
Arthur J. Gallagher & Co. has a long history of paying regular quarterly cash dividends to shareholders, funded by the recurring commission and fee revenue of its brokerage operations. The board reviews the payout periodically, and the company has generally aimed to grow the dividend over time alongside earnings. For the exact current amount, payment schedule, and yield, check the dividend information displayed on this page.