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Rolling Meadows Today
By the People, for the People
Bank of Montreal Can Increases Stake in Arthur J. Gallagher & Co.
The financial services firm now owns 0.09% of the insurance brokerage company.
Published on Mar. 12, 2026
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Bank of Montreal Can increased its stake in Arthur J. Gallagher & Co. (NYSE:AJG) by 5.8% in the third quarter, according to the company's disclosure with the Securities and Exchange Commission. The fund now owns 238,322 shares of the financial services provider's stock, worth approximately $73.8 million.
Why it matters
Arthur J. Gallagher & Co. is a major player in the insurance brokerage industry, and changes in its ownership structure can signal broader trends in the sector. Bank of Montreal Can's increased stake suggests confidence in the company's performance and growth potential.
The details
Bank of Montreal Can added 12,999 shares to its existing position in Arthur J. Gallagher & Co. during the third quarter. The firm now owns approximately 0.09% of the insurance brokerage company's outstanding shares.
- Bank of Montreal Can increased its stake in the third quarter of 2026.
The players
Bank of Montreal Can
A Canadian multinational financial services corporation and one of the largest banks in North America.
Arthur J. Gallagher & Co.
A global insurance brokerage and risk management firm headquartered in Rolling Meadows, Illinois.
The takeaway
Bank of Montreal Can's increased stake in Arthur J. Gallagher & Co. suggests the financial services firm sees growth potential in the insurance brokerage industry, which could signal broader positive trends for the sector.
