Simplicity Wealth LLC Makes New $1.08 Million Investment in Marsh & McLennan Companies, Inc. $MRSH

Simplicity Wealth LLC purchased a new stake in shares of Marsh & McLennan Companies, Inc. (NYSE:MRSH) during the first quarter, according to the company in its most recent disclosure with the SEC. The firm purchased 6,227 shares of the financial services provider’s stock, valued at approximately $1,080,000.

Several other institutional investors and hedge funds also recently added to or reduced their stakes in MRSH. Solstein Capital LLC purchased a new stake in Marsh & McLennan Companies during the 4th quarter valued at $25,000. SHP Wealth Management bought a new stake in shares of Marsh & McLennan Companies in the fourth quarter worth $26,000. KERR FINANCIAL PLANNING Corp purchased a new stake in Marsh & McLennan Companies during the fourth quarter valued at $27,000. Golden State Wealth Management LLC bought a new position in Marsh & McLennan Companies in the fourth quarter valued at about $27,000. Finally, Pinnacle Bancorp Inc. purchased a new position in Marsh & McLennan Companies in the first quarter worth about $28,000. Hedge funds and other institutional investors own 87.99% of the company’s stock.

Marsh & McLennan Companies News Roundup

Here are the key news stories impacting Marsh & McLennan Companies this week:

• Positive Sentiment: Cantor Fitzgerald raised its price target on Marsh & McLennan to $218 and reiterated an overweight rating, signaling strong upside expectations. Marsh & McLennan Companies (NYSE:MRSH) Given New $218.00 Price Target at Cantor Fitzgerald
• Positive Sentiment: Mizuho also lifted its price target to $197, keeping a neutral rating, which still reflects a more favorable valuation view. Marsh & McLennan Companies (NYSE:MRSH) Price Target Raised to $197.00 at Mizuho
• Positive Sentiment: UBS maintained its buy rating on Marsh & McLennan, reinforcing a broadly positive analyst stance on the shares. UBS Sticks to Their Buy Rating for Marsh & McLennan Companies (MRSH)
• Positive Sentiment: Marsh & McLennan increased its quarterly dividend by 10% to $0.99 per share, highlighting strong cash generation and shareholder-friendly capital allocation. Marsh Raises Dividend: Is Its Capital Return Story Getting Stronger?
• Neutral Sentiment: The company also declared the dividend formally for shareholders of record on July 23, which confirms the payout timing but is not a new catalyst. Marsh & McLennan Companies dividend announcement

Marsh & McLennan Companies Stock Performance

Shares of Marsh & McLennan Companies stock opened at $178.52 on Monday. The stock has a market capitalization of $86.24 billion, a PE ratio of 22.32, a price-to-earnings-growth ratio of 2.60 and a beta of 0.61. The company has a current ratio of 1.11, a quick ratio of 1.11 and a debt-to-equity ratio of 1.28. Marsh & McLennan Companies, Inc. has a 52 week low of $156.60 and a 52 week high of $216.32.

Marsh & McLennan Companies (NYSE:MRSH) last released its earnings results on Thursday, April 16th. The financial services provider reported $3.29 earnings per share (EPS) for the quarter, topping the consensus estimate of $3.21 by $0.08. The firm had revenue of $7.30 billion during the quarter. Marsh & McLennan Companies had a return on equity of 31.87% and a net margin of 14.26%.The company’s quarterly revenue was up 7.6% compared to the same quarter last year. Research analysts predict that Marsh & McLennan Companies, Inc. will post 10.37 EPS for the current fiscal year.

Marsh & McLennan Companies Increases Dividend

The company also recently announced a quarterly dividend, which will be paid on Friday, August 14th. Stockholders of record on Thursday, July 23rd will be given a dividend of $0.99 per share. The ex-dividend date is Thursday, July 23rd. This represents a $3.96 dividend on an annualized basis and a dividend yield of 2.2%. This is an increase from Marsh & McLennan Companies’s previous quarterly dividend of $0.90. Marsh & McLennan Companies’s dividend payout ratio is currently 45.00%.

Insider Buying and Selling at Marsh & McLennan Companies

In related news, CEO John Q. Doyle sold 16,656 shares of the business’s stock in a transaction on Tuesday, June 2nd. The shares were sold at an average price of $161.71, for a total value of $2,693,441.76. Following the sale, the chief executive officer owned 116,811 shares in the company, valued at approximately $18,889,506.81. The trade was a 12.48% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is accessible through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Company insiders own 0.38% of the company’s stock.

Wall Street Analysts Forecast Growth

Several equities analysts have recently weighed in on the stock. Wells Fargo & Company lowered their price objective on shares of Marsh & McLennan Companies from $203.00 to $178.00 and set an “equal weight” rating on the stock in a research note on Thursday, April 9th. JPMorgan Chase & Co. reduced their price target on Marsh & McLennan Companies from $226.00 to $206.00 and set an “overweight” rating for the company in a research report on Thursday, April 9th. Morgan Stanley decreased their price objective on Marsh & McLennan Companies from $180.00 to $175.00 and set an “equal weight” rating on the stock in a research note on Monday, July 6th. Piper Sandler cut their price objective on Marsh & McLennan Companies from $190.00 to $182.00 and set a “neutral” rating for the company in a research note on Tuesday, May 26th. Finally, Keefe, Bruyette & Woods raised their target price on shares of Marsh & McLennan Companies from $200.00 to $203.00 and gave the stock a “market perform” rating in a research note on Friday, April 17th. One equities research analyst has rated the stock with a Strong Buy rating, six have issued a Buy rating, ten have assigned a Hold rating and one has given a Sell rating to the stock. According to data from MarketBeat, the stock currently has an average rating of “Hold” and a consensus target price of $200.44.

Marsh & McLennan Companies Company Profile

Marsh & McLennan Companies (NYSE: MMC) is a global professional services firm headquartered in New York City that provides advice and solutions in the areas of risk, strategy and people. Founded in 1905, the company has grown into a diversified group of businesses focused on insurance brokerage and risk management, reinsurance, human capital and investment consulting, and management consulting. Its long history and scale position it as a prominent adviser to corporations, governments and other institutions seeking to manage risk and optimize human and financial capital.

The firm operates through several well-known subsidiaries and business units that specialize in distinct services.