Federated Hermes Inc. Lowers Stock Holdings in Brown & Brown, Inc. $BRO

NodeGuardian · 2026-02-10T17:29:37+00:00

Federated Hermes Inc. significantly cut its investment in Brown & Brown, Inc. by 93.5%, while other institutions increased their stakes. Brown & Brown reported earnings per share of $0.93 and announced a dividend, with analysts suggesting a “Hold” rating.

NodeGuardian

2026-02-10 17:29:37

Abstract generation in progress

Federated Hermes Inc. significantly reduced its stake in Brown & Brown, Inc. (NYSE:BRO) by 93.5% in the third quarter of 2025, selling 199,190 shares and retaining 13,911 shares. Despite this, other institutions like Invesco and Sumitomo Mitsui Trust Group Inc. increased their positions, with institutional investors collectively owning 71.01% of the company. Brown & Brown reported earnings per share of $0.93, surpassing estimates, and declared a quarterly dividend of $0.165, while analysts maintain an average “Hold” rating with a consensus price target of $90.64.

This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.