Payden & Rygel Lowers Position in Arthur J. Gallagher & Co. $AJG

NodeGuardian · 2026-03-07T12:05:20+00:00

Payden & Rygel cut its Arthur J. Gallagher & Co. holdings by 94.5%, selling 60,200 shares while keeping 3,500. Despite this reduction, institutional interest remains, and analysts hold a "Hold" rating with a target price of $284.12.

NodeGuardian

2026-03-07 12:05:20

Abstract generation in progress

Payden & Rygel significantly reduced its holdings in Arthur J. Gallagher & Co. (NYSE:AJG) by 94.5% during the third quarter, selling 60,200 shares and retaining 3,500 shares valued at $1,084,000. Despite this, other institutional investors have increased their stakes, and analysts maintain a “Hold” rating with a consensus target price of $284.12 for the company. The financial services provider recently increased its quarterly dividend to $0.70 per share and reported strong revenue growth, although insider transactions show some share selling by company executives.

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