What Makes Ryan Specialty Holdings (RYAN) a Good Investment Opportunity?

In its fourth-quarter 2025 capitalist letter, Vulcan Value Partners highlighted stocks similar Ryan Specialty Holdings, Inc. (NYSE:RYAN). Vulcan Value Partners added Ryan Specialty Holdings, Inc. (NYSE:RYAN) to its Large Cap, All Cap, Focus, and Focus Plus strategies during the quarter. Ryan Specialty Holdings, Inc. (NYSE:RYAN) is simply a specialty products and solutions supplier for security brokers, agents, and carriers. Ryan Specialty Holdings, Inc. (NYSE:RYAN) shares traded betwixt $48.90 and $77.16 implicit the past 52 weeks. On January 22, 2026, Ryan Specialty Holdings, Inc. (NYSE:RYAN) banal closed astatine $50.40 per share. One-month instrumentality of Ryan Specialty Holdings, Inc. (NYSE:RYAN) was -2.80%, and its shares mislaid 5.12% of their worth implicit the past 3 months. Ryan Specialty Holdings, Inc. (NYSE:RYAN) has a marketplace capitalization of $13.328 billion.

Vulcan Value Partners stated the pursuing regarding Ryan Specialty Holdings, Inc. (NYSE:RYAN) successful its 4th fourth 2025 capitalist letter:

"Ryan Specialty Holdings, Inc. (NYSE:RYAN) is simply a commercialized excess and surplus security broker with a delegated authorization business. The institution was founded by Pat Ryan successful 2010. Pat Ryan is 1 of the security industry’s important pioneers, having besides founded Aon wherever helium served arsenic the CEO and Chairman for 41 years. Roughly 55% of Ryan Specialty’s gross is generated from brokerage and 45% is generated from its delegated authorization businesses which see underwriting absorption and binding authority. The excess and surplus brokerage marketplace is dominated by 3 ample players: Amwins Group, Ryan Specialty, and CRC Group and represents 26% of commercialized spot and casualty premiums today. Over the past 25 years, the excess and surplus marketplace has grown astatine an 11% CAGR portion the admitted marketplace has grown astatine a 4% CAGR. We judge that the excess and surplus marketplace volition proceed to outgrow the admitted market. Ryan Specialty’s delegated authorization concern writes policies connected behalf of security carriers which means they bash not clasp immoderate equilibrium expanse risk. The institution has grown organically astatine a double-digit complaint for each of the past 15 years. Ryan Specialty’s margins are unchangeable and escaped currency travel is robust. The information of Ryan Specialty’s concern exposed to commercialized spot is entering a brushed pricing cycle. We judge this is simply a short-term phenomenon, not a semipermanent antagonistic structural issue. This pricing headwind has caused underlying manufacture maturation to slow. Ryan Specialty’s banal terms has been negatively impacted by this wide antagonistic manufacture sentiment. This terms volatility has pushed the banal good beneath what we judge to beryllium their semipermanent intrinsic worth truthful giving america this accidental to adhd this fantastic concern to the portfolio."