California State Teachers Retirement System 13F: Cuts AJG Stake by $2.1M
The pension fund trims its position in Arthur J. Gallagher & Co., reflecting a strategic adjustment in its investment portfolio.
Reviewed by automated data checks against the source filing. How we make and check alerts
California State Teachers Retirement System sold 9,409 shares from its stake in Arthur J. Gallagher & Co. ($AJG), a 2.49% decrease, according to a 13F filing with the SEC dated May 18, 2026. It reported 369,074 shares worth $83.79 million at the end of the quarter.
Since the filing, $AJG is down 1.5% after 1 week, up 4.7% after 1 month and up 23.8% to date (from the $205.91 close on May 18, 2026).
Find the original: California State Teachers Retirement System 13F filings on SEC EDGAR
AJG
Arthur J. Gallagher & Co.
Key Points
- California State Teachers Retirement System trimmed its stake in Arthur J. Gallagher & Co. by 9,409 shares, bringing its total to 369,074 shares valued at approximately $83.8 million.
- The stock closed at $227.03 on the day of the filing, reflecting a decrease from its previous close of $239.48.
- Arthur J. Gallagher has a market cap of about $60.7 billion and a forward P/E ratio of 15.9, indicating its valuation metrics in the insurance brokerage industry.
Get $AJG trade alerts by text
We text you when insiders, Congress or big funds trade $AJG. Free.
Not investment advice. TradeTexts is not a registered investment adviser, and this automated Arthur J. Gallagher & Co. alert may contain errors. Disclosures
California State Teachers Retirement System Trims Position
California State Teachers Retirement System trimmed its position in Arthur J. Gallagher & Co. (NYSE: AJG) by 9,409 shares, reducing its total holdings to 369,074 shares. This change reflects a decrease of about 2.5% in its stake, with the reported value of this position now at approximately $83.8 million as of its latest SEC filing on May 18, 2026.
Recent Institutional Moves
California State Teachers Retirement System's cut comes amid a mixed landscape for institutional investors in Arthur J. Gallagher. Recently, Stifel Financial also reduced its stake by 4.4%, while Tidal Investments made a significant increase of over 2,688% in its holdings. This activity indicates varying strategies among funds regarding their investment in the insurance brokerage sector.
How Arthur J. Gallagher & Co. Stock Has Traded
Shares of Arthur J. Gallagher closed at $227.03 on the day of the filing, down from a previous close of $239.48. The stock has traded between a 52-week low of $190.75 and a high of $313.55. This recent trim by CalSTRS comes as the stock navigates a period of volatility, potentially impacting broader market perceptions.
Insider Buying and Selling at Arthur J. Gallagher & Co.
On June 22, 2026, Douglas Howell, the CFO of Arthur J. Gallagher, sold 12,954 shares at an average price of $209.08, totaling about $2.71 million. This sale was not part of a planned trading arrangement.
Analysts Set New Price Targets
Analysts have maintained a generally positive outlook on Arthur J. Gallagher. On October 12, 2026, Wells Fargo maintained an Overweight rating with a price target of $284. On October 7, Mizuho also maintained an Outperform rating, lowering its target to $271. The consensus rating suggests a favorable view of the company's growth potential within the industry.
What Arthur J. Gallagher & Co. Does
Arthur J. Gallagher & Co. provides a range of insurance and reinsurance brokerage services, catering to various sectors including commercial and nonprofit entities. The recent position trim by California State Teachers Retirement System reflects ongoing portfolio adjustments in light of market conditions.
What's Ahead for Arthur J. Gallagher & Co.
Investors will be watching for further updates, especially with the next earnings report scheduled for October 29, 2026. As a reminder, the 13F filing reflects holdings as of the end of the reporting period and may not represent current positions.
Related Filing Alerts
Source: California State Teachers Retirement System's 13F filing on $AJG (May 18, 2026). 13F filings show holdings as of the end of the reporting quarter and may not reflect the fund's current position. Find the original filing: California State Teachers Retirement System 13F filings on SEC EDGAR. Written by software, not financial advice. How we make alerts