AJGNYSEInsurance Agents, Brokers & ServiceFiscal year ends December 31
Arthur J. Gallagher & Co.
Financials through Q2 FY2026, quarter ended Jun 30, 2026Last filing: 10-Q on Aug 5, 2026
$253.01−1.87 (-0.73%)
Close on Oct 19, 2026
- Market cap
- $64.95B
- P/E (TTM)
- 41.9
- Dividend yield
- 1.03%
Ownership
Institutional holdings as of Jun 30, 2026, from 13F filings
Held by institutions
93.1%
239M of 256M shares
Institutional holders
1,288
163 new, 107 sold out
Net institutional buying
11M
In Q2 2026
Insider trades, 12 months
4 buys · 13 sales
Net sold $23.53M
Shares held by institutions
Holders of more than 5%
Latest Schedule 13D (active) or 13G (passive) filed by each holder
| Holder | Shares | % of class | Filing | As of |
|---|---|---|---|---|
| Vanguard Capital Management | 19,243,850 | 7.49% | 13G (passive) | Mar 31, 2026 |
| Abigail P. Johnson | 18,602,786 | 7.20% | 13G (passive) amendment | Jun 30, 2026 |
| BlackRock, Inc. | 17,725,659 | 6.90% | 13G (passive) amendment | Jun 30, 2025 |
| JPMorgan Chase & Co. | 14,160,776 | 5.50% | 13G (passive) amendment | Jun 30, 2026 |
| Capital World Investors | 12,769,747 | 5.00% | 13G (passive) amendment | Jun 30, 2026 |
Top institutional holders
13F holdings as of Jun 30, 2026
| Holder | Shares | % of AJG | Value | Change | % of portfolio |
|---|---|---|---|---|---|
| BlackRock, Inc. | 19,822,870 | 7.73% | $4.55B | +515,074 | 0.07% |
| FMR LLC | 18,645,620 | 7.27% | $4.28B | +4,024,657 | 0.19% |
| Vanguard Capital Management LLC | 16,777,183 | 6.55% | $3.85B | +77,285 | 0.08% |
| JPMorgan Chase & Co | 14,356,764 | 5.60% | $3.26B | −5,211,283 | 0.18% |
| Capital World Investors | 12,511,991 | 4.88% | $2.87B | −1,305,729 | 0.34% |
| Vanguard Portfolio Management LLC | 12,454,725 | 4.86% | $2.86B | +35,446 | 0.13% |
| State Street Corp | 11,303,790 | 4.41% | $2.60B | +329,869 | 0.08% |
| Dodge & Cox | 9,363,634 | 3.65% | $2.15B | +2,008,719 | 1.13% |
| Norges Bank | 6,733,790 | 2.63% | $1.55B | New | 0.15% |
| Geode Capital Management, LLC | 6,298,870 | 2.46% | $1.45B | +55,230 | 0.08% |
| Eagle Capital Management LLC | 4,890,612 | 1.91% | $1.12B | +2,225,040 | 3.43% |
| Principal Financial Group Inc | 3,494,796 | 1.36% | $802.31M | +252,708 | 0.39% |
| Goldman Sachs Group Inc | 2,818,022 | 1.10% | $646.93M | +864,752 | 0.06% |
| Morgan Stanley | 2,591,858 | 1.01% | $595.01M | −1,464,317 | 0.03% |
| Capital Research Global Investors | 2,585,853 | 1.01% | $593.63M | −394,278 | 0.08% |
| Wcm Investment Management, LLC | 2,425,562 | 0.95% | $550.89M | +63,049 | 1.00% |
| Gtcr LLC | 2,373,773 | 0.93% | $544.95M | – | 13.95% |
| Franklin Resources Inc | 2,219,141 | 0.87% | $509.45M | +265,041 | 0.11% |
| Northern Trust Corp | 2,204,733 | 0.86% | $506.14M | −25,096 | 0.06% |
| Charles Schwab Investment Management Inc | 2,156,506 | 0.84% | $495.07M | +47,043 | 0.07% |
Institutional buying and selling by quarter
Positions opened, added to, reduced and closed by 13F filers
| Quarter | Holders | Shares held | % of shares | New / added | Reduced / closed | Shares bought | Shares sold |
|---|---|---|---|---|---|---|---|
| Q2 2026 | 1,288 | 239M | 93.1% | 163 / 464 | 478 / 107 | 33M | 22M |
| Q1 2026 | 1,248 | 230M | 89.6% | 155 / 432 | 474 / 185 | 61M | 37M |
| Q4 2025 | 1,299 | 239M | 93.1% | 159 / 395 | 565 / 174 | 29M | 37M |
| Q3 2025 | 1,342 | 246M | 96.0% | 115 / 512 | 489 / 137 | 36M | 18M |
| Q2 2025 | 1,380 | 229M | 89.3% | 139 / 565 | 475 / 104 | 12M | 13M |
| Q1 2025 | 1,360 | 231M | 89.9% | 179 / 548 | 449 / 121 | 26M | 27M |
| Q4 2024 | 1,325 | 233M | 90.8% | 220 / 560 | 332 / 79 | 48M | 7M |
| Q3 2024 | 1,202 | 193M | 75.1% | 122 / 433 | 451 / 60 | 24M | 8M |
| Q2 2024 | 1,151 | 194M | 75.9% | 114 / 459 | 383 / 79 | 10M | 19M |
| Q1 2024 | 1,129 | 204M | 79.5% | 135 / 430 | 400 / 76 | 15M | 10M |
| Q4 2023 | 1,081 | 198M | 77.3% | 163 / 414 | 355 / 63 | 22M | 10M |
| Q3 2023 | 998 | 186M | 72.6% | 95 / 374 | 350 / 59 | 9M | 6M |
Top mutual fund and ETF holders
Latest monthly portfolio reports (Form N-PORT)
| Fund | Shares | % of AJG | Value | % of fund | As of |
|---|---|---|---|---|---|
| Vanguard Total Stock Market Index Fund | 8,157,094 | 3.18% | $1.87B | 0.08% | Jun 30, 2026 |
| Vanguard 500 Index Fund | 6,655,989 | 2.60% | $1.53B | 0.09% | Jun 30, 2026 |
| Dodge & Cox Stock Fund | 6,074,299 | 2.37% | $1.39B | 1.18% | Jun 30, 2026 |
| Vanguard Mid-Cap Index Fund | 5,566,553 | 2.17% | $1.28B | 0.57% | Jun 30, 2026 |
| Washington Mutual Investors Fund | 5,283,681 | 2.06% | $1.32B | 0.60% | Jul 31, 2026 |
| Fidelity Contrafund | 4,956,994 | 1.93% | $1.14B | 0.63% | Jun 30, 2026 |
| iShares Core S&P 500 ETF | 3,533,307 | 1.38% | $811.14M | 0.09% | Jun 30, 2026 |
| Fidelity 500 Index Fund | 3,288,526 | 1.28% | $661.36M | 0.08% | May 31, 2026 |
| American Balanced Fund | 2,672,350 | 1.04% | $613.49M | 0.21% | Jun 30, 2026 |
| Vanguard Value Index Fund | 2,448,799 | 0.96% | $562.17M | 0.22% | Jun 30, 2026 |
| MidCap Fund | 2,013,088 | 0.79% | $502.10M | 2.17% | Jul 31, 2026 |
| State Street(R) Financial Select Sector SPDR(R) ETF | 1,737,682 | 0.68% | $398.92M | 0.78% | Jun 30, 2026 |
| Vanguard Mid-Cap Value Index Fund | 1,650,028 | 0.64% | $378.80M | 1.02% | Jun 30, 2026 |
| JPMorgan U.S. Equity Fund | 1,601,655 | 0.62% | $367.69M | 1.10% | Jun 30, 2026 |
| Capital World Growth & Income Fund | 1,544,255 | 0.60% | $310.57M | 0.19% | May 31, 2026 |
Officers, directors and major owners
People who filed Forms 3, 4 or 5 in the last two years
| Name | Role | Shares owned | % of shares | Latest filing |
|---|---|---|---|---|
| J. Patrick Gallagher Jr | CEO, Director | 901,846 | 0.35% | Sep 10, 2026 |
| Richard C. Cary | Controller, CAO | 47,238 | 0.02% | Sep 17, 2026 |
| Patrick Murphy Gallagher | Chief Operating Officer | 250,159 | 0.10% | Sep 10, 2026 |
| Scott R. Hudson | Vice President | 102,673 | 0.04% | Sep 4, 2026 |
| Walter D. Bay | General Counsel | 71,783 | 0.03% | Aug 26, 2026 |
| Christopher E. Mead | VICE PRESIDENT | 22,715 | 0.01% | Aug 20, 2026 |
| Mark H. Bloom | Vice President | 5,217 | 0.00% | Aug 18, 2026 |
| Thomas Joseph Gallagher | President | 634,929 | 0.25% | Jul 6, 2026 |
| Michael Robert Pesch | Vice President | 57,888 | 0.02% | Jul 6, 2026 |
| Vishal Jain | VICE PRESIDENT | 69,394 | 0.03% | Jul 6, 2026 |
| Douglas K. Howell | VP & Chief Financial Officer | 110,464 | 0.04% | Jun 24, 2026 |
| William F. Ziebell | VICE PRESIDENT | 49,227 | 0.02% | Apr 2, 2026 |
| Susan E. Pietrucha | Chief Human Resources Officer | 16,764 | 0.01% | Mar 17, 2026 |
| Christopher C. Miskel | Director | 10,826 | 0.00% | Sep 2, 2026 |
| David S. Johnson | Director | 47,387 | 0.02% | Jun 2, 2026 |
| Norman L. Rosenthal | Director | 43,327 | 0.02% | May 13, 2026 |
| David John Coldman | Director | 16,344 | 0.01% | May 13, 2026 |
| Ralph J. Nicoletti | Director | 18,414 | 0.01% | May 13, 2026 |
| Deborah H. Caplan | Director | 2,650 | 0.00% | May 13, 2026 |
| Teresa Hillary Clarke | Director | 5,567 | 0.00% | May 13, 2026 |
| Richard de Winton Wilkin Harries | Director | 2,413 | 0.00% | May 13, 2026 |
| Sherry S. Barrat | Director | 18,073 | 0.01% | May 15, 2025 |
Insider trades
Common stock transactions reported on Form 4, newest first
| Insider | Date | Transaction | Shares | Price | Value | Shares after |
|---|---|---|---|---|---|---|
| Richard C. Cary Controller, CAO | Sep 15, 2026 | Sale | −1,000 | $252.86 | $252.86K | 46,819 |
| Patrick Murphy Gallagher Chief Operating Officer | Sep 8, 2026 | Gift | +49,988 | – | – | 148,093 |
| J. Patrick Gallagher Jr CEO, Director | Sep 8, 2026 | Gift | −49,988 | – | – | 0 |
| Scott R. Hudson Vice President | Sep 2, 2026 | Option exercise | +12,000 | $86.17 | $1.03M | 102,262 |
| Scott R. Hudson Vice President | Sep 2, 2026 | Sale | −12,000 | $264.13 | $3.17M | 90,262 |
| Christopher C. Miskel Director | Sep 1, 2026 | Award | +152.67 | $262.00 | $40.00K | 10,826 |
| Walter D. Bay General Counsel | Aug 24, 2026 | Sale | −12,000 | $270.08 | $3.24M | 71,292 |
| Christopher E. Mead VICE PRESIDENT | Aug 19, 2026 | Sale | −3,500 | $257.03 | $899.60K | 22,223 |
| Christopher E. Mead VICE PRESIDENT | Aug 19, 2026 | Option exercise | +3,500 | $86.17 | $301.60K | 25,723 |
| Mark H. Bloom Vice President | Aug 16, 2026 | Option exercise | +1,280.49 | – | – | 5,023 |
| Mark H. Bloom Vice President | Aug 16, 2026 | Tax withholding | −606.81 | $251.21 | $152.44K | 4,417 |
| Patrick Murphy Gallagher Chief Operating Officer | Aug 5, 2026 | Gift | −23,800 | – | – | 53,262 |
| Vishal Jain VICE PRESIDENT | Jul 1, 2026 | Option exercise | +2,162.69 | $229.57 | $496.49K | 68,903 |
| Michael Robert Pesch Vice President | Jul 1, 2026 | Option exercise | +355.8 | $229.57 | $81.68K | 44,833 |
| Thomas Joseph Gallagher President | Jul 1, 2026 | Option exercise | +351.95 | $229.57 | $80.80K | 323,743 |
| Richard C. Cary Controller, CAO | Jun 2, 2026 | Sale | −3,000 | $206.00 | $618.00K | 47,819 |
| David S. Johnson Director | Jun 1, 2026 | Award | +236.54 | $206.10 | $48.75K | 47,387 |
| Christopher C. Miskel Director | Jun 1, 2026 | Award | +194.08 | $206.10 | $40.00K | 10,642 |
| J. Patrick Gallagher Jr CEO, Director | May 26, 2026 | Gift | −14,698 | – | – | 109,417 |
| Patrick Murphy Gallagher Chief Operating Officer | May 26, 2026 | Gift | +14,698 | – | – | 98,105 |
| Ralph J. Nicoletti Director | May 12, 2026 | Award | +1,110 | – | – | 18,414 |
| Norman L. Rosenthal Director | May 12, 2026 | Award | +1,110 | – | – | 43,327 |
| Teresa Hillary Clarke Director | May 12, 2026 | Award | +1,110 | – | – | 5,567 |
| David S. Johnson Director | May 12, 2026 | Award | +1,110 | – | – | 47,150 |
| David John Coldman Director | May 12, 2026 | Award | +1,110 | – | – | 16,344 |
| Richard de Winton Wilkin Harries Director | May 12, 2026 | Award | +1,110 | – | – | 2,413 |
| Deborah H. Caplan Director | May 12, 2026 | Award | +1,110 | – | – | 2,650 |
| Christopher C. Miskel Director | May 12, 2026 | Award | +1,110 | – | – | 10,448 |
| Scott R. Hudson Vice President | Mar 31, 2026 | Tax withholding | −63.65 | $215.95 | $13.75K | 90,262 |
| Scott R. Hudson Vice President | Mar 31, 2026 | Option exercise | +63.65 | $215.95 | $13.75K | 90,326 |
| William F. Ziebell VICE PRESIDENT | Mar 31, 2026 | Option exercise | +50.92 | $215.95 | $11.00K | 48,736 |
| William F. Ziebell VICE PRESIDENT | Mar 31, 2026 | Tax withholding | −50.92 | $215.95 | $11.00K | 48,685 |
| Vishal Jain VICE PRESIDENT | Mar 31, 2026 | Option exercise | +50.92 | $215.95 | $11.00K | 66,792 |
| Vishal Jain VICE PRESIDENT | Mar 31, 2026 | Tax withholding | −50.92 | $215.95 | $11.00K | 66,741 |
| Thomas Joseph Gallagher President | Mar 31, 2026 | Option exercise | +76.38 | $215.95 | $16.49K | 323,467 |
| Thomas Joseph Gallagher President | Mar 31, 2026 | Tax withholding | −76.38 | $215.95 | $16.49K | 323,391 |
| Douglas K. Howell VP & Chief Financial Officer | Mar 31, 2026 | Tax withholding | −76.38 | $215.95 | $16.49K | 106,710 |
| Douglas K. Howell VP & Chief Financial Officer | Mar 31, 2026 | Option exercise | +76.38 | $215.95 | $16.49K | 106,786 |
| J. Patrick Gallagher Jr CEO, Director | Mar 31, 2026 | Option exercise | +5,345.9 | $215.95 | $1.15M | 126,331 |
| J. Patrick Gallagher Jr CEO, Director | Mar 31, 2026 | Tax withholding | −2,369 | $215.95 | $511.59K | 123,962 |
| Walter D. Bay General Counsel | Mar 31, 2026 | Tax withholding | −627 | $215.95 | $135.40K | 83,292 |
| Walter D. Bay General Counsel | Mar 31, 2026 | Option exercise | +1,415.09 | $215.95 | $305.59K | 83,919 |
| Richard C. Cary Controller, CAO | Mar 31, 2026 | Tax withholding | −139 | $215.95 | $30.02K | 50,819 |
| Richard C. Cary Controller, CAO | Mar 31, 2026 | Option exercise | +471.7 | $215.95 | $101.86K | 50,958 |
| Thomas Joseph Gallagher President | Mar 23, 2026 | Gift | −264 | – | – | 32,164 |
| Thomas Joseph Gallagher President | Mar 23, 2026 | Gift | +264 | – | – | 119,703 |
| Thomas Joseph Gallagher President | Mar 23, 2026 | Gift | −528 | – | – | 323,391 |
| Thomas Joseph Gallagher President | Mar 23, 2026 | Gift | +264 | – | – | 119,439 |
| Thomas Joseph Gallagher President | Mar 23, 2026 | Gift | −264 | – | – | 323,919 |
| Thomas Joseph Gallagher President | Mar 23, 2026 | Gift | −176 | – | – | 31,988 |
| Patrick Murphy Gallagher Chief Operating Officer | Mar 23, 2026 | Gift | −704 | – | – | 14,072 |
| Patrick Murphy Gallagher Chief Operating Officer | Mar 23, 2026 | Gift | +704 | – | – | 11,264 |
| Michael Robert Pesch Vice President | Mar 16, 2026 | Tax withholding | −525 | $207.93 | $109.16K | 44,379 |
| Christopher E. Mead VICE PRESIDENT | Mar 16, 2026 | Tax withholding | −432 | $207.93 | $89.83K | 22,113 |
| Vishal Jain VICE PRESIDENT | Mar 16, 2026 | Tax withholding | −501 | $207.93 | $104.17K | 66,741 |
| Patrick Murphy Gallagher Chief Operating Officer | Mar 16, 2026 | Tax withholding | −525 | $207.93 | $109.16K | 38,576 |
| William F. Ziebell VICE PRESIDENT | Mar 15, 2026 | Tax withholding | −2,321 | $207.93 | $482.61K | 48,685 |
| William F. Ziebell VICE PRESIDENT | Mar 15, 2026 | Award | +6,930 | – | – | 6,930 |
| William F. Ziebell VICE PRESIDENT | Mar 15, 2026 | Option exercise | −6,930 | – | – | 0 |
| William F. Ziebell VICE PRESIDENT | Mar 15, 2026 | Option exercise | +6,930 | – | – | 51,006 |
Awards, option exercises, tax withholding and gifts are shown alongside open-market buys and sales. Each name links to the filing on SEC EDGAR.
Planned insider sales
Notices of proposed sale filed on Form 144 before shares are sold
| Seller | Filed | Shares | Market value | Planned sale | Acquired through |
|---|---|---|---|---|---|
| Trust Co Matrix Trustee for Arthur J Gallagher Rabbi Trust | Sep 15, 2026 | 15,000 | $3.80M | Sep 15, 2026 | Open Market Purchase |
| Richard C. Cary Officer | Sep 15, 2026 | 1,000 | $252.86K | Sep 15, 2026 | Compensation |
| Scott R. Hudson Officer | Sep 2, 2026 | 12,000 | $3.17M | Sep 2, 2026 | Stock Option Exercise |
| D. Bay Walter Officer | Aug 24, 2026 | 12,000 | $3.26M | Aug 24, 2026 | Acquired as compensation -- Restricted Stock Awards |
| Christopher E. Mead Officer | Aug 19, 2026 | 3,500 | $899.59K | Aug 19, 2026 | Stock Option Exercise |
| Trust Co Matrix Trustee for Arthur J Gallagher Rabbi Trust | Jun 16, 2026 | 15,000 | $3.24M | Jun 16, 2026 | Open Market Purchase |
| Richard C. Cary Officer | Jun 2, 2026 | 3,000 | $618.00K | Jun 2, 2026 | Restricted Stock Vesting |
| Trust Co Matrix Trustee for Arthur J Gallagher Rabbi Trust | Mar 18, 2026 | 15,000 | $3.14M | Mar 18, 2026 | Open Market Purchase |
| Scott R. Hudson Officer | Mar 6, 2026 | 3,800 | $864.77K | Mar 6, 2026 | Option Granted - 03/14/2019 |
| Christopher E. Mead Officer | Mar 5, 2026 | 4,000 | $908.47K | Mar 5, 2026 | Options Granted 03/14/2019 |
| J. Patrick Gallagher Jr Officer, Director | Mar 2, 2026 | 27,450 | $6.32M | Mar 2, 2026 | Option Granted - 03/14/2019 |
| Christopher E. Mead Officer | Dec 23, 2025 | 4,000 | $1.03M | Dec 23, 2025 | Option Granted 03/14/2019 |
| K. Howell Douglas Officer | Dec 22, 2025 | 5,000 | $1.29M | Dec 22, 2025 | Acquired as compensation -- Restricted Stock Units |
| Walter D. Bay Officer | Dec 19, 2025 | 15,850 | $4.04M | Dec 19, 2025 | Option Granted 03/14/2019 |
| Trust Co Matrix Trustee for the trust relating to the Plan | Dec 17, 2025 | 15,000 | $3.78M | Dec 17, 2025 | Open market purchase |