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Pictet Asset Management Holding SA Grows Stock Holdings in Arthur J. Gallagher & Co. $AJG
Pictet Asset Management Holding SA has increased its stake in Arthur J. Gallagher & Co. (NYSE:AJG) by 40.9%, now holding 154,404 shares valued at approximately $39.97 million. This move comes as Arthur J. Gallagher & Co. reported strong Q4 earnings, beating estimates, and declared a quarterly dividend of $0.70 per share. Analysts generally maintain a “Moderate Buy” rating for the company with a consensus price target of $273.94.