Zacks Research Has Bullish Outlook for MMC FY2027 Earnings

Marsh & McLennan Companies, Inc. (NYSE:MMC) – Stock analysts at Zacks Research boosted their FY2027 earnings per share estimates for shares of Marsh & McLennan Companies in a research note issued to investors on Tuesday, April 8th. Zacks Research analyst R. Department now forecasts that the financial services provider will post earnings per share of $11.31 for the year, up from their prior forecast of $11.29. The consensus estimate for Marsh & McLennan Companies’ current full-year earnings is $9.61 per share.

Other research analysts also recently issued reports about the stock. JPMorgan Chase & Co. boosted their price objective on shares of Marsh & McLennan Companies from $230.00 to $235.00 and gave the company a “neutral” rating in a research report on Friday, January 3rd. Keefe, Bruyette & Woods upped their price objective on Marsh & McLennan Companies from $210.00 to $220.00 and gave the stock an “underperform” rating in a research report on Wednesday. Raymond James reaffirmed an “outperform” rating and issued a $250.00 price objective (up from $240.00) on shares of Marsh & McLennan Companies in a research note on Thursday, February 6th. Redburn Atlantic started coverage on shares of Marsh & McLennan Companies in a report on Tuesday, March 25th. They issued a “buy” rating and a $281.00 target price for the company. Finally, Wells Fargo & Company lifted their price target on shares of Marsh & McLennan Companies from $212.00 to $223.00 and gave the company an “equal weight” rating in a report on Friday, January 31st. Two analysts have rated the stock with a sell rating, ten have assigned a hold rating and five have given a buy rating to the stock. Based on data from MarketBeat, Marsh & McLennan Companies currently has a consensus rating of “Hold” and a consensus price target of $234.12.

Marsh & McLennan Companies Price Performance

MMC stock opened at $229.84 on Wednesday. The company’s 50-day moving average price is $232.44 and its two-hundred day moving average price is $224.51. Marsh & McLennan Companies has a 12 month low of $196.17 and a 12 month high of $248.00. The company has a quick ratio of 1.13, a current ratio of 1.13 and a debt-to-equity ratio of 1.44. The firm has a market cap of $113.29 billion, a P/E ratio of 28.06, a P/E/G ratio of 2.70 and a beta of 0.85.

Marsh & McLennan Companies (NYSE:MMC) last released its earnings results on Thursday, January 30th. The financial services provider reported $1.87 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.75 by $0.12. Marsh & McLennan Companies had a return on equity of 32.60% and a net margin of 16.60%.

Institutional Investors Weigh In On Marsh & McLennan Companies

Several large investors have recently added to or reduced their stakes in the business. Modera Wealth Management LLC boosted its holdings in shares of Marsh & McLennan Companies by 2.5% during the 4th quarter. Modera Wealth Management LLC now owns 1,885 shares of the financial services provider’s stock worth $400,000 after buying an additional 46 shares in the last quarter. Geneos Wealth Management Inc. boosted its stake in Marsh & McLennan Companies by 3.7% during the fourth quarter. Geneos Wealth Management Inc. now owns 1,324 shares of the financial services provider’s stock worth $281,000 after acquiring an additional 47 shares in the last quarter. Hemington Wealth Management grew its holdings in Marsh & McLennan Companies by 6.7% in the fourth quarter. Hemington Wealth Management now owns 768 shares of the financial services provider’s stock worth $163,000 after purchasing an additional 48 shares during the period. DF Dent & Co. Inc. increased its stake in Marsh & McLennan Companies by 0.9% in the fourth quarter. DF Dent & Co. Inc. now owns 5,762 shares of the financial services provider’s stock valued at $1,224,000 after purchasing an additional 49 shares in the last quarter. Finally, New England Professional Planning Group Inc. boosted its position in shares of Marsh & McLennan Companies by 4.1% during the 4th quarter. New England Professional Planning Group Inc. now owns 1,261 shares of the financial services provider’s stock worth $268,000 after purchasing an additional 50 shares in the last quarter. Institutional investors and hedge funds own 87.99% of the company’s stock.

Insider Buying and Selling at Marsh & McLennan Companies

In other Marsh & McLennan Companies news, VP Stacy Mills sold 1,317 shares of the stock in a transaction that occurred on Monday, March 10th. The shares were sold at an average price of $234.97, for a total transaction of $309,455.49. Following the completion of the sale, the vice president now owns 2,923 shares of the company’s stock, valued at approximately $686,817.31. This represents a 31.06 % decrease in their position. The transaction was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Also, SVP Paul Beswick sold 2,237 shares of the business’s stock in a transaction that occurred on Thursday, April 3rd. The stock was sold at an average price of $246.00, for a total transaction of $550,302.00. Following the completion of the transaction, the senior vice president now owns 13,522 shares in the company, valued at $3,326,412. This trade represents a 14.20 % decrease in their position. The disclosure for this sale can be found here. In the last quarter, insiders have sold 69,634 shares of company stock worth $16,244,986. Insiders own 0.30% of the company’s stock.

Marsh & McLennan Companies Dividend Announcement

The business also recently announced a quarterly dividend, which will be paid on Thursday, May 15th. Investors of record on Thursday, April 3rd will be given a dividend of $0.815 per share. This represents a $3.26 annualized dividend and a yield of 1.42%. The ex-dividend date of this dividend is Thursday, April 3rd. Marsh & McLennan Companies’s dividend payout ratio is currently 39.80%.

Marsh & McLennan Companies Company Profile

Marsh & McLennan Cos., Inc is a professional services firm, which engages in offering clients advice and solutions in risk, strategy, and people. It operates through the Risk and Insurance Services, and Consulting segments. The Risk and Insurance Services segment is involved in risk management activities, as well as insurance and reinsurance broking and services.