Quadrant Capital Group LLC Reduces Stock Position in Marsh & McLennan Companies, Inc. $MRSH

Quadrant Capital Group LLC decreased its stake in shares of Marsh & McLennan Companies, Inc. (NYSE:MRSH) by 17.3% during the third quarter, according to its most recent filing with the SEC. The institutional investor owned 13,810 shares of the financial services provider’s stock after selling 2,894 shares during the period. Quadrant Capital Group LLC’s holdings in Marsh & McLennan Companies were worth $2,783,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors have also recently modified their holdings of MRSH. Norges Bank bought a new position in shares of Marsh & McLennan Companies in the second quarter valued at approximately $1,328,587,000. Soundwatch Capital LLC purchased a new stake in Marsh & McLennan Companies in the 2nd quarter worth approximately $560,820,000. Mackenzie Financial Corp boosted its holdings in Marsh & McLennan Companies by 212.6% in the 2nd quarter. Mackenzie Financial Corp now owns 2,285,194 shares of the financial services provider’s stock valued at $499,635,000 after purchasing an additional 1,554,114 shares during the period. Amundi grew its position in shares of Marsh & McLennan Companies by 89.2% during the 2nd quarter. Amundi now owns 2,892,576 shares of the financial services provider’s stock valued at $615,309,000 after purchasing an additional 1,363,706 shares in the last quarter. Finally, Vanguard Group Inc. increased its holdings in shares of Marsh & McLennan Companies by 1.8% in the second quarter. Vanguard Group Inc. now owns 46,158,562 shares of the financial services provider’s stock worth $10,092,108,000 after purchasing an additional 837,117 shares during the period. 87.99% of the stock is currently owned by institutional investors.

Marsh & McLennan Companies Stock Down 0.0%

MRSH stock opened at $173.95 on Thursday. The firm has a market cap of $84.21 billion, a P/E ratio of 20.63, a price-to-earnings-growth ratio of 2.37 and a beta of 0.74. Marsh & McLennan Companies, Inc. has a 52 week low of $170.37 and a 52 week high of $248.00. The company has a debt-to-equity ratio of 1.20, a quick ratio of 1.10 and a current ratio of 1.10.

Marsh & McLennan Companies (NYSE:MRSH) last posted its quarterly earnings results on Thursday, January 29th. The financial services provider reported $2.12 earnings per share for the quarter, topping the consensus estimate of $1.97 by $0.15. Marsh & McLennan Companies had a net margin of 15.42% and a return on equity of 31.60%. The business had revenue of $6.60 billion during the quarter, compared to the consensus estimate of $6.52 billion. During the same period in the previous year, the firm posted $1.87 earnings per share. The firm’s revenue for the quarter was up 8.7% on a year-over-year basis. On average, research analysts forecast that Marsh & McLennan Companies, Inc. will post 9.61 earnings per share for the current fiscal year.

Marsh & McLennan Companies Dividend Announcement

The business also recently announced a quarterly dividend, which will be paid on Friday, May 15th. Investors of record on Thursday, April 9th will be issued a dividend of $0.90 per share. The ex-dividend date is Thursday, April 9th. This represents a $3.60 annualized dividend and a yield of 2.1%. Marsh & McLennan Companies’s dividend payout ratio is currently 42.70%.

Insider Transactions at Marsh & McLennan Companies

In other Marsh & McLennan Companies news, CEO John Q. Doyle sold 16,655 shares of Marsh & McLennan Companies stock in a transaction that occurred on Wednesday, March 4th. The stock was sold at an average price of $183.30, for a total value of $3,052,861.50. Following the transaction, the chief executive officer directly owned 116,811 shares of the company’s stock, valued at $21,411,456.30. The trade was a 12.48% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. 0.35% of the stock is currently owned by insiders.

Key Stories Impacting Marsh & McLennan Companies

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

• Positive Sentiment: Zacks highlights MRSH as a strong growth stock, pointing to favorable style scores and the company’s recent earnings/operational metrics that support a growth narrative for investors. Read More.
• Positive Sentiment: Marsh (the brokerage unit of MRSH) named Nick Studer as CEO of Marsh Risk — a management appointment that could accelerate product, underwriting and go-to-market execution at the core broking unit if it boosts revenue or margin initiatives. Read More.
• Positive Sentiment: Recent Q4 results (Jan 29) showed an EPS beat and mid-single-digit revenue growth year-over-year, which underpins analyst expectations for continued profitability and supports the stock’s longer-term upside. (Earnings release / company report)
• Neutral Sentiment: Barclays trimmed its price target slightly from $210 to $209 but kept an Overweight rating — a marginal downgrade in target but the analyst stance remains constructive, implying continued upside from current levels. Read More. Read More.
• Negative Sentiment: Market headlines grouped MRSH with other names whose shares were falling intraday, reflecting broader sector or market pressure rather than company-specific negative news — this is weighing on the stock in the short term. Read More.

Analysts Set New Price Targets

Several research firms recently issued reports on MRSH. Weiss Ratings started coverage on Marsh & McLennan Companies in a research note on Thursday, January 29th. They set a “hold (c)” rating for the company. Evercore lowered their price target on Marsh & McLennan Companies from $237.00 to $236.00 and set an “outperform” rating on the stock in a report on Wednesday, January 7th. Citigroup lifted their price target on Marsh & McLennan Companies from $201.00 to $205.00 and gave the company a “neutral” rating in a research report on Tuesday, February 3rd. Keefe, Bruyette & Woods upped their price objective on shares of Marsh & McLennan Companies from $205.00 to $206.00 and gave the stock a “market perform” rating in a research report on Monday, February 2nd. Finally, JPMorgan Chase & Co. lowered their target price on shares of Marsh & McLennan Companies from $242.00 to $226.00 and set an “overweight” rating on the stock in a research note on Wednesday, January 7th. One research analyst has rated the stock with a Strong Buy rating, six have issued a Buy rating, eleven have assigned a Hold rating and one has issued a Sell rating to the company’s stock. Based on data from MarketBeat, the stock presently has an average rating of “Hold” and a consensus target price of $216.12.

Marsh & McLennan Companies 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.