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flag Arthur J. Gallagher & Co. saw a drop in shares held by one investor, but gains by others, with a quarterly dividend of $0.65 announced.

flag Arthur J. Gallagher & Co. (AJG) saw a 4.2% drop in shares held by Prudent Man Advisors LLC, but several other institutional investors increased their stakes. flag The stock, with a market cap of $85.99 billion and a P/E ratio of 51.78, opened at $337.61 on Friday. flag Insiders have sold a total of 15,725 shares over the last 90 days, and the company declared a quarterly dividend of $0.65 per share, payable on March 21 to shareholders of record on March 7. flag Analysts' ratings for AJG range from "sell" to "buy."

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