Persium Advisors LLC Invests $702,000 in Marsh & McLennan Companies, Inc. $MRSH

Persium Advisors LLC acquired a new position in Marsh & McLennan Companies, Inc. (NYSE:MRSH) during the 1st quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund acquired 4,047 shares of the financial services provider’s stock, valued at approximately $702,000.

Several other large investors have also bought and sold shares of MRSH. Procyon Advisors LLC grew its position in shares of Marsh & McLennan Companies by 2.5% in the 4th quarter. Procyon Advisors LLC now owns 2,279 shares of the financial services provider’s stock valued at $423,000 after buying an additional 56 shares during the last quarter. PFG Investments LLC raised its position in shares of Marsh & McLennan Companies by 3.3% during the fourth quarter. PFG Investments LLC now owns 1,758 shares of the financial services provider’s stock worth $326,000 after acquiring an additional 56 shares during the last quarter. Lindenwold Advisors INC lifted its stake in shares of Marsh & McLennan Companies by 0.4% in the third quarter. Lindenwold Advisors INC now owns 14,994 shares of the financial services provider’s stock worth $3,022,000 after acquiring an additional 62 shares during the period. SeaCrest Wealth Management LLC boosted its holdings in Marsh & McLennan Companies by 3.9% in the fourth quarter. SeaCrest Wealth Management LLC now owns 1,673 shares of the financial services provider’s stock valued at $306,000 after acquiring an additional 63 shares during the last quarter. Finally, EP Wealth Advisors LLC increased its position in Marsh & McLennan Companies by 0.8% during the 2nd quarter. EP Wealth Advisors LLC now owns 8,337 shares of the financial services provider’s stock valued at $1,823,000 after purchasing an additional 69 shares during the period. 87.99% of the stock is owned by institutional investors.

Marsh & McLennan Companies Stock Performance

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

Marsh & McLennan Companies (NYSE:MRSH) last announced its quarterly 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. Marsh & McLennan Companies had a return on equity of 31.87% and a net margin of 14.26%.The business had revenue of $7.30 billion for the quarter. The company’s quarterly revenue was up 7.6% compared to the same quarter last year. As a group, analysts forecast that Marsh & McLennan Companies, Inc. will post 10.37 EPS for the current year.

Marsh & McLennan Companies Increases Dividend

The company also recently announced a quarterly dividend, which will be paid on Friday, August 14th. Investors of record on Thursday, July 23rd will be issued a $0.99 dividend. 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 (DPR) is 45.00%.

Insider Transactions at Marsh & McLennan Companies

In related news, CEO John Q. Doyle sold 16,656 shares of Marsh & McLennan Companies 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 completion of the sale, the chief executive officer owned 116,811 shares of the company’s stock, valued at approximately $18,889,506.81. This trade represents a 12.48% decrease in their position. The transaction was disclosed in a document filed with the SEC, which can be accessed through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders own 0.38% of the company’s stock.

Analysts Set New Price Targets

A number of research analysts have recently issued reports on the stock. Piper Sandler dropped their price target on shares of Marsh & McLennan Companies from $190.00 to $182.00 and set a “neutral” rating on the stock in a research report on Tuesday, May 26th. Keefe, Bruyette & Woods lifted 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. Citigroup upgraded shares of Marsh & McLennan Companies from a “neutral” rating to a “buy” rating and set a $200.00 target price on the stock in a report on Wednesday, May 6th. Morgan Stanley cut their price target on shares of Marsh & McLennan Companies from $180.00 to $175.00 and set an “equal weight” rating on the stock in a research report on Monday, July 6th. Finally, UBS Group lifted their price objective on Marsh & McLennan Companies from $203.00 to $212.00 and gave the stock a “buy” rating in a research report on Wednesday, July 8th. One equities research analyst has rated the stock with a Strong Buy rating, six have given a Buy rating, ten have issued a Hold rating and one has issued a Sell rating to the stock. Based on data from MarketBeat, the company presently has an average rating of “Hold” and a consensus target price of $200.44.

Marsh & McLennan Companies News Summary

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 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.