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  5. KBW Announces Q4 2025 Index Rebalancing with Changes Across Six Indices

KBW Announces Q4 2025 Index Rebalancing with Changes Across Six Indices

Written by Emily J. Thompson, Senior Investment Analyst
Source: Newsfilter
Updated: 1 hour ago
0mins
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Source: Newsfilter
  • Index Component Changes: The KBW Nasdaq Insurance Index adds four companies, including Arthur J. Gallagher & Co. and Chubb Limited, while dropping four others, reflecting market dynamics.
  • Regional Banking Index Update: The KBW Nasdaq Regional Banking Index adds Axos Financial, Inc. and removes Synovus Financial Corp., indicating a focus on emerging fintech companies.
  • Dividend Yield Index Adjustments: The KBW Nasdaq Financial Sector Dividend Yield Index adds eight companies and drops eight, demonstrating ongoing investor interest in high-yield investments.
  • REIT Index Expansion: The KBW Nasdaq Premium Yield Equity REIT Index adds twelve companies while removing nine, reflecting the vibrancy of the real estate market and investor confidence.
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Analyst Views on AJG
Wall Street analysts forecast AJG stock price to rise over the next 12 months. According to Wall Street analysts, the average 1-year price target for AJG is 305.11 USD with a low forecast of 250.00 USD and a high forecast of 362.00 USD. However, analyst price targets are subjective and often lag stock prices, so investors should focus on the objective reasons behind analyst rating changes, which better reflect the company's fundamentals.
11 Analyst Rating
Wall Street analysts forecast AJG stock price to rise over the next 12 months. According to Wall Street analysts, the average 1-year price target for AJG is 305.11 USD with a low forecast of 250.00 USD and a high forecast of 362.00 USD. However, analyst price targets are subjective and often lag stock prices, so investors should focus on the objective reasons behind analyst rating changes, which better reflect the company's fundamentals.
5 Buy
5 Hold
1 Sell
Moderate Buy
Current: 247.620
sliders
Low
250.00
Averages
305.11
High
362.00
Current: 247.620
sliders
Low
250.00
Averages
305.11
High
362.00
Wells Fargo
Elyse Greenspan
Overweight
downgrade
$362 -> $344
2025-12-05
Reason
Wells Fargo
Elyse Greenspan
Price Target
$362 -> $344
2025-12-05
downgrade
Overweight
Reason
Wells Fargo analyst Elyse Greenspan lowered the firm's price target on Arthur J. Gallagher to $344 from $362 and keeps an Overweight rating on the shares. The firm also lowered its EPS estimates modestly as it factors in commentary on Q4 2025 margins in advance of its December 16 investor day.
Barclays
Equal Weight -> Underweight
downgrade
2025-11-20
Reason
Barclays
Price Target
2025-11-20
downgrade
Equal Weight -> Underweight
Reason
Barclays downgraded Arthur J. Gallagher to Underweight from Equal Weight.
Barclays
Equal Weight -> Underweight
downgrade
$328 -> $250
2025-11-20
Reason
Barclays
Price Target
$328 -> $250
2025-11-20
downgrade
Equal Weight -> Underweight
Reason
Barclays downgraded Arthur J. Gallagher to Underweight from Equal Weight with a price target of $250, down from $328. The firm reduced organic growth estimates "across the board" for the insurance brokers, saying property and casualty pricing is below expectations. "Persistent signs" of softening across the property and casualty markets along with weaker pricing data "signal a turning point," the analyst tells investors in a research note. Barclays believes Arthur J. Gallagher has the biggest level of downside organic growth revisions compared to Street estimates.
Citi
Matthew Heimermann
Neutral
downgrade
$330 -> $277
2025-11-03
Reason
Citi
Matthew Heimermann
Price Target
$330 -> $277
2025-11-03
downgrade
Neutral
Reason
Citi analyst Matthew Heimermann lowered the firm's price target on Arthur J. Gallagher to $277 from $330 and keeps a Neutral rating on the shares.
See All Ratings
Financial AI Agent
Financial AI Agent
About AJG
Arthur J. Gallagher & Co. is a global insurance brokerage, risk management and consulting services company. The Company’s segments include brokerage, risk management and corporate. The brokerage segment operations provide brokerage and consulting services to entities of all types, including commercial, nonprofit, public sector entities, insurance companies and insurance capital providers, and to a lesser extent, individuals, in the areas of insurance and reinsurance placements, risk of loss management, and management of employer- sponsored benefit programs. The risk management segment operations provide contract claim settlement, claim administration, loss control services and risk management consulting for commercial, non-profit, captive and public sector entities, and various other organizations that choose to self-insure property/casualty coverage or choose to use a third party claims management organization rather than the claim services provided by an underwriting enterprise.

About the author

Emily J. Thompson
Preview
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.

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