Capital World Investors Has $3.65 Billion Stock Position in Arthur J. Gallagher & Co. $AJG

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Capital World Investors increased its stake in Arthur J. Gallagher & Co. (AJG) to 11.78 million shares, valued at approximately $3.65 billion, after acquiring an additional 101,298 shares. The company recently raised its quarterly dividend to $0.70 per share and reported earnings of $2.38 EPS, beating analyst estimates, although revenue slightly missed expectations. Despite a consensus “Hold” rating and a target price of $281.76 from analysts, the stock saw a 4.5% decline at market open.

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