Zacks Research Research Analysts Increase Earnings Estimates for Marsh & McLennan Companies, Inc. (NYSE:MMC)

Marsh & McLennan Companies, Inc. (NYSE:MMC) – Research analysts at Zacks Research upped their Q4 2024 EPS estimates for Marsh & McLennan Companies in a research note issued to investors on Thursday, August 1st. Zacks Research analyst D. Chatterjee now anticipates that the financial services provider will post earnings of $1.84 per share for the quarter, up from their prior forecast of $1.82. The consensus estimate for Marsh & McLennan Companies’ current full-year earnings is $8.73 per share. Zacks Research also issued estimates for Marsh & McLennan Companies’ Q3 2025 earnings at $1.90 EPS, Q4 2025 earnings at $2.14 EPS and Q1 2026 earnings at $3.07 EPS.

Marsh & McLennan Companies (NYSE:MMC) last issued its quarterly earnings results on Thursday, July 18th. The financial services provider reported $2.41 EPS for the quarter, topping the consensus estimate of $2.40 by $0.01. The firm had revenue of $6.22 billion for the quarter, compared to analysts’ expectations of $6.31 billion. Marsh & McLennan Companies had a net margin of 16.97% and a return on equity of 33.92%. Marsh & McLennan Companies’s revenue for the quarter was up 5.9% compared to the same quarter last year. During the same period in the previous year, the business earned $2.20 earnings per share.

A number of other equities analysts have also weighed in on the company. Jefferies Financial Group increased their price target on Marsh & McLennan Companies from $197.00 to $208.00 and gave the company a “hold” rating in a research report on Friday, April 19th. Evercore ISI upped their price target on shares of Marsh & McLennan Companies from $212.00 to $218.00 and gave the company an “outperform” rating in a research report on Thursday, April 11th. Roth Mkm boosted their target price on shares of Marsh & McLennan Companies from $200.00 to $220.00 and gave the company a “neutral” rating in a research note on Friday, July 19th. TD Cowen raised their target price on Marsh & McLennan Companies from $189.00 to $201.00 and gave the stock a “hold” rating in a research report on Monday, April 22nd. Finally, Bank of America boosted their price objective on shares of Marsh & McLennan Companies from $223.00 to $233.00 and gave the company a “neutral” rating in a research report on Wednesday, May 22nd. Two research analysts have rated the stock with a sell rating, eleven have issued a hold rating and four have given a buy rating to the company. Based on data from MarketBeat, the stock currently has an average rating of “Hold” and an average price target of $214.25.

Marsh & McLennan Companies Stock Up 0.4 %

MMC stock opened at $217.15 on Monday. The firm has a market cap of $107.00 billion, a PE ratio of 27.56, a P/E/G ratio of 3.20 and a beta of 0.94. The company has a debt-to-equity ratio of 0.91, a current ratio of 1.17 and a quick ratio of 1.17. The firm has a 50 day simple moving average of $213.69 and a 200 day simple moving average of $206.04. Marsh & McLennan Companies has a 12 month low of $184.02 and a 12 month high of $227.63.

Hedge Funds Weigh In On Marsh & McLennan Companies

Institutional investors and hedge funds have recently added to or reduced their stakes in the company. Norges Bank bought a new stake in Marsh & McLennan Companies during the 4th quarter worth approximately $1,048,077,000. Price T Rowe Associates Inc. MD raised its holdings in shares of Marsh & McLennan Companies by 32.7% in the fourth quarter. Price T Rowe Associates Inc. MD now owns 10,243,245 shares of the financial services provider’s stock valued at $1,940,789,000 after buying an additional 2,526,701 shares during the last quarter. Impax Asset Management Group plc bought a new stake in Marsh & McLennan Companies during the 4th quarter worth about $261,787,000. Assenagon Asset Management S.A. raised its stake in shares of Marsh & McLennan Companies by 4,991.4% in the second quarter. Assenagon Asset Management S.A. now owns 693,087 shares of the financial services provider’s stock worth $146,047,000 after acquiring an additional 679,474 shares during the last quarter. Finally, Jennison Associates LLC lifted its position in shares of Marsh & McLennan Companies by 229.6% during the first quarter. Jennison Associates LLC now owns 932,452 shares of the financial services provider’s stock worth $192,066,000 after purchasing an additional 649,505 shares in the last quarter. 87.99% of the stock is currently owned by institutional investors and hedge funds.

Insiders Place Their Bets

In other Marsh & McLennan Companies news, SVP Paul Beswick sold 2,169 shares of the firm’s stock in a transaction on Friday, May 17th. The shares were sold at an average price of $210.13, for a total value of $455,771.97. Following the sale, the senior vice president now directly owns 13,030 shares in the company, valued at approximately $2,737,993.90. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website. In other news, Director Oscar Fanjul sold 6,000 shares of the company’s stock in a transaction that occurred on Thursday, June 13th. The stock was sold at an average price of $209.01, for a total value of $1,254,060.00. Following the sale, the director now directly owns 53,393 shares in the company, valued at approximately $11,159,670.93. The transaction was disclosed in a filing with the SEC, which is available at the SEC website. Also, SVP Paul Beswick sold 2,169 shares of the stock in a transaction on Friday, May 17th. The stock was sold at an average price of $210.13, for a total value of $455,771.97. Following the transaction, the senior vice president now owns 13,030 shares of the company’s stock, valued at $2,737,993.90. The disclosure for this sale can be found here. Insiders have sold a total of 29,904 shares of company stock valued at $6,607,149 in the last three months. Company insiders own 0.30% of the company’s stock.

Marsh & McLennan Companies Increases Dividend

The firm also recently announced a quarterly dividend, which will be paid on Thursday, August 15th. Shareholders of record on Monday, July 15th will be issued a $0.815 dividend. The ex-dividend date is Thursday, July 25th. This represents a $3.26 dividend on an annualized basis and a yield of 1.50%. This is a positive change from Marsh & McLennan Companies’s previous quarterly dividend of $0.71. Marsh & McLennan Companies’s dividend payout ratio (DPR) is 41.37%.

About Marsh & McLennan Companies

Marsh & McLennan Companies, Inc, a professional services company, provides advice and solutions to clients in the areas of risk, strategy, and people worldwide. It operates through Risk and Insurance Services, and Consulting segments. The Risk and Insurance Services segment offers risk management services, such as risk advice, risk transfer, and risk control and mitigation solutions, as well as insurance and reinsurance broking, strategic advisory services, and analytics solutions, and insurance program management services.