Woodley Farra Manion Portfolio Management Inc. Sells 120,655 Shares of Arthur J. Gallagher & Co. $AJG

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Woodley Farra Manion Portfolio Management Inc. significantly reduced its stake in Arthur J. Gallagher & Co. by selling over 120,000 shares, decreasing its holdings by 44.5%. Despite this, other institutions like JPMorgan Chase & Co., Caprock Group LLC, and Factory Mutual Insurance Co. increased their positions in the financial services provider. Analysts currently have a “Hold” consensus rating on Arthur J. Gallagher & Co. with an average price target of $284.12, and the company recently announced an increase in its quarterly dividend.

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