Brown & Brown Rises After Q2 Revenue Jump and Acquisition Synergy Hopes

Brown & Brown, Inc. (BRO) is up 4.4% today. Here is some analysis on what might have caused this price movement.

Analysis: The most likely catalyst was Brown & Brown’s second-quarter earnings release, which showed sharply higher revenue and profit as the company continued to absorb the large Accession acquisition. Even though organic revenue was slightly negative, investors may be focusing on the 30.4% top-line increase, higher contingent commissions, and signs that integration synergies are helping support margins and earnings.

Details:

Second-quarter revenue rose to $1.7 billion, up 30.4% from a year earlier, while adjusted diluted earnings per share came in at $1.07.

Net income attributable to the company increased 24.7%, showing that the jump in revenue translated into solid bottom-line growth.

The company said income before taxes benefited from higher contingent commissions, expense leverage, synergies from Accession, recent acquisitions, and changes in estimated earn-out payables.

Organic revenue declined 0.7%, so today’s move may also reflect relief that reported growth and acquisition benefits were strong enough to outweigh softer underlying organic trends.

Sources:

Brown & Brown, SEC, MarketScreener

Disclaimer: This price movement analysis was generated with the help of AI. Please double-check the information provided for mistakes.

$BRO Insider Trading Activity

$BRO insiders have traded $BRO stock on the open market 2 times in the past 6 months. Of those trades, 2 have been purchases and 0 have been sales.

Here’s a breakdown of recent trading of $BRO stock by insiders over the last 6 months:

H PALMER JR PROCTOR purchased 2,000 shares for an estimated $114,200
JOIA M JOHNSON purchased 860 shares for an estimated $49,923

To track insider transactions, check out Quiver Quantitative's insider trading dashboard. You can access data on insider stock transactions through the Quiver Quantitative API insider transaction endpoint.

$BRO Hedge Fund Activity

We have seen 364 institutional investors add shares of $BRO stock to their portfolio, and 444 decrease their positions in their most recent quarter.

Here are some of the largest recent moves:

FIRST EAGLE INVESTMENT MANAGEMENT, LLC added 8,823,162 shares (+inf%) to their portfolio in Q1 2026, for an estimated $574,034,919
FMR LLC added 5,514,133 shares (+52.3%) to their portfolio in Q1 2026, for an estimated $358,749,492
CAPITAL RESEARCH GLOBAL INVESTORS added 3,891,662 shares (+inf%) to their portfolio in Q1 2026, for an estimated $253,191,529
CAPITAL INTERNATIONAL INVESTORS removed 2,052,665 shares (-44.0%) from their portfolio in Q1 2026, for an estimated $133,546,384
MANUFACTURERS LIFE INSURANCE COMPANY, THE removed 1,886,289 shares (-92.4%) from their portfolio in Q1 2026, for an estimated $122,721,962
JONES FINANCIAL COMPANIES LLLP added 1,633,553 shares (+2190.2%) to their portfolio in Q1 2026, for an estimated $106,278,958
MASSACHUSETTS FINANCIAL SERVICES CO /MA/ added 1,537,185 shares (+inf%) to their portfolio in Q1 2026, for an estimated $100,009,256

To track hedge funds' stock portfolios, check out Quiver Quantitative's institutional holdings dashboard. You can access data on hedge funds moves and 13F filings through the Quiver Quantitative API 13F endpoint.

$BRO Congressional Stock Trading

Members of Congress have traded $BRO stock 8 times in the past 6 months. Of those trades, 2 have been purchases and 6 have been sales.

Here’s a breakdown of recent trading of $BRO stock by members of Congress over the last 6 months:

REPRESENTATIVE APRIL MCCLAIN DELANEY has traded it 2 times. They made 1 purchase worth up to $15,000 on 02/06 and 1 sale worth up to $15,000 on 04/17.
SENATOR ALAN ARMSTRONG purchased up to $15,000 on 03/27.
REPRESENTATIVE JARED MOSKOWITZ has traded it 3 times. They made 0 purchases and 3 sales worth up to $45,000 on 03/23.
REPRESENTATIVE BYRON DONALDS has traded it 2 times. They made 0 purchases and 2 sales worth up to $30,000 on 02/10.

To track congressional stock trading, check out Quiver Quantitative's congressional trading dashboard. You can access data on congressional stock trades through the Quiver Quantitative API Congress trades endpoint.

$BRO Price Targets

Multiple analysts have issued price targets for $BRO recently. We have seen 14 analysts offer price targets for $BRO in the last 6 months, with a median target of $72.5.

Here are some recent targets:

Yaron Kinar from Mizuho set a target price of $81.0 on 07/09/2026
Elyse Greenspan from Wells Fargo set a target price of $68.0 on 07/09/2026
Meyer Shields from Keefe, Bruyette & Woods set a target price of $74.0 on 07/08/2026
Brian Meredith from UBS set a target price of $73.0 on 07/08/2026
Alex Scott from Barclays set a target price of $76.0 on 07/07/2026
Bob Huang from Morgan Stanley set a target price of $55.0 on 07/06/2026
Robert Cox from Goldman Sachs set a target price of $70.0 on 07/01/2026

This article is not financial advice. See Quiver Quantitative's disclaimers for more information. Note that there may be inaccuracies due to mistakes in ticker-mapping, and other anomalies.