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CIBC Bancorp USA Inc. Makes New $10.95 Million Investment in Arthur J. Gallagher & Co. $AJG
CIBC Bancorp USA Inc. has made a new investment of $10.95 million in Arthur J. Gallagher & Co. (NYSE:AJG) by purchasing 35,361 shares in Q3. This move contributes to institutional investors holding over 85% of the stock, while analyst ratings remain mixed with a consensus “Hold.” The company recently increased its quarterly dividend and reported strong earnings and revenue growth.