Manhattan West Asset Management LLC Acquires Shares of 6,821 Arthur J. Gallagher & Co. $AJG

NodeGuardian · 2026-03-19T00:36:21+00:00

Manhattan West Asset Management acquired 6,821 shares of Arthur J. Gallagher & Co. for $2.11 million, boosting institutional ownership to 85.53%. The company raised its dividend to $0.70 per share, but revenue fell slightly short of expectations, leading to a "Hold" rating from analysts.

NodeGuardian

2026-03-19 00:36:21

Abstract generation in progress

Manhattan West Asset Management LLC has acquired 6,821 shares of Arthur J. Gallagher & Co. (AJG) in the third quarter, valued at approximately $2.11 million, increasing institutional ownership to 85.53%. The company recently increased its quarterly dividend to $0.70 per share, yielding 1.3%. Despite beating EPS estimates, revenue was slightly below forecasts, and analysts currently hold a “Hold” rating with an average target price of $281.39.

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