3,281 Shares in Marsh & McLennan Companies, Inc. $MRSH Purchased by United Bank

United Bank purchased a new position in Marsh & McLennan Companies, Inc. (NYSE:MRSH) during the first quarter, according to its most recent Form 13F filing with the SEC. The fund purchased 3,281 shares of the financial services provider’s stock, valued at approximately $569,000.

A number of other institutional investors have also added to or reduced their stakes in MRSH. Solstein Capital LLC bought a new stake in shares of Marsh & McLennan Companies during the fourth quarter valued at approximately $25,000. SHP Wealth Management bought a new position in shares of Marsh & McLennan Companies during the fourth quarter worth $26,000. KERR FINANCIAL PLANNING Corp purchased a new position in Marsh & McLennan Companies during the fourth quarter valued at $27,000. Golden State Wealth Management LLC bought a new stake in Marsh & McLennan Companies in the 4th quarter valued at $27,000. Finally, Pinnacle Bancorp Inc. purchased a new stake in Marsh & McLennan Companies in the 1st quarter worth $28,000. 87.99% of the stock is owned by hedge funds and other institutional investors.

Insider Buying and Selling at Marsh & McLennan Companies

In related news, CEO John Q. Doyle sold 16,656 shares of the stock in a transaction on Tuesday, June 2nd. The stock was sold at an average price of $161.71, for a total transaction 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. This represents a 12.48% decrease in their position. The transaction was disclosed in a filing with the SEC, which is accessible through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Corporate insiders own 0.38% of the company’s stock.

Marsh & McLennan Companies Stock Performance

Shares of Marsh & McLennan Companies stock traded down $0.48 during trading hours on Friday, reaching $178.52. The company’s stock had a trading volume of 1,526,536 shares, compared to its average volume of 2,424,644. The company has a quick ratio of 1.11, a current ratio of 1.11 and a debt-to-equity ratio of 1.28. The company has a market cap 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. Marsh & McLennan Companies, Inc. has a one year low of $156.60 and a one year high of $216.32.

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

Marsh & McLennan Companies Increases Dividend

The business also recently announced a quarterly dividend, which will be paid on Friday, August 14th. Stockholders of record on Thursday, July 23rd will be issued a $0.99 dividend. This is a positive change from Marsh & McLennan Companies’s previous quarterly dividend of $0.90. 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%. Marsh & McLennan Companies’s dividend payout ratio (DPR) is presently 45.00%.

More Marsh & McLennan Companies News

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

Analyst Upgrades and Downgrades

A number of research analysts have recently weighed in on the company. UBS Group raised their price objective on Marsh & McLennan Companies from $203.00 to $212.00 and gave the company a “buy” rating in a research report on Wednesday. Wells Fargo & Company dropped their price target on Marsh & McLennan Companies from $203.00 to $178.00 and set an “equal weight” rating for the company in a research note on Thursday, April 9th. Weiss Ratings cut Marsh & McLennan Companies from a “hold (c)” rating to a “hold (c-)” rating in a report on Monday, May 11th. Keefe, Bruyette & Woods upped their price objective on Marsh & McLennan Companies from $200.00 to $203.00 and gave the stock a “market perform” rating in a report on Friday, April 17th. Finally, Piper Sandler lowered their target price on Marsh & McLennan Companies from $190.00 to $182.00 and set a “neutral” rating for the company in a research report on Tuesday, May 26th. One analyst has rated the stock with a Strong Buy rating, six have issued a Buy rating, ten have issued a Hold rating and one has given a Sell rating to the company. According to data from MarketBeat, Marsh & McLennan Companies presently has a consensus rating of “Hold” and an average price target 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.