United Bank Acquires New Shares in Marsh & McLennan Companies, Inc. $MRSH

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

Other large investors have also recently made changes to their positions in the company. Brighton Jones LLC lifted its position in Marsh & McLennan Companies by 51.2% during the fourth quarter. Brighton Jones LLC now owns 8,738 shares of the financial services provider’s stock valued at $1,856,000 after purchasing an additional 2,960 shares during the period. Bison Wealth LLC raised its stake in Marsh & McLennan Companies by 39.6% during the 4th quarter. Bison Wealth LLC now owns 3,064 shares of the financial services provider’s stock valued at $651,000 after buying an additional 869 shares during the last quarter. Glenview Trust co lifted its holdings in shares of Marsh & McLennan Companies by 10.8% during the 2nd quarter. Glenview Trust co now owns 3,897 shares of the financial services provider’s stock valued at $852,000 after buying an additional 379 shares during the period. Osterweis Capital Management Inc. boosted its stake in shares of Marsh & McLennan Companies by 18,440.0% in the 2nd quarter. Osterweis Capital Management Inc. now owns 927 shares of the financial services provider’s stock worth $203,000 after buying an additional 922 shares during the last quarter. Finally, Diversify Advisory Services LLC purchased a new stake in Marsh & McLennan Companies during the second quarter valued at $1,307,000. 87.99% of the stock is currently owned by institutional investors.

Marsh & McLennan Companies Stock Performance

MRSH traded down $0.48 during midday trading on Friday, reaching $178.52. The company 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. Marsh & McLennan Companies, Inc. has a 1 year low of $156.60 and a 1 year high of $216.32. The stock has a market cap of $86.24 billion, a price-to-earnings ratio of 22.32, a PEG ratio of 2.60 and a beta of 0.61.

Marsh & McLennan Companies (NYSE:MRSH) last announced its quarterly earnings data on Thursday, April 16th. The financial services provider reported $3.29 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $3.21 by $0.08. The company 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 revenue was up 7.6% on a year-over-year basis. On average, analysts expect that Marsh & McLennan Companies, Inc. will post 10.37 EPS for the current year.

Marsh & McLennan Companies Increases Dividend

The company also recently declared a quarterly dividend, which will be paid on Friday, August 14th. Shareholders of record on Thursday, July 23rd will be given a $0.99 dividend. The ex-dividend date is Thursday, July 23rd. This is an increase from Marsh & McLennan Companies’s previous quarterly dividend of $0.90. 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 currently 45.00%.

Trending Headlines about Marsh & McLennan Companies

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

Several research analysts have issued reports on the company. UBS Group raised their target price on Marsh & McLennan Companies from $203.00 to $212.00 and gave the stock a “buy” rating in a research report on Wednesday. Cantor Fitzgerald increased their price objective on shares of Marsh & McLennan Companies from $210.00 to $218.00 and gave the stock an “overweight” rating in a research note on Thursday. Keefe, Bruyette & Woods raised their price objective on shares of Marsh & McLennan Companies from $200.00 to $203.00 and gave the stock a “market perform” rating in a report on Friday, April 17th. Bank of America reduced their target price on shares of Marsh & McLennan Companies from $181.00 to $174.00 and set an “underperform” rating for the company in a report on Tuesday, April 14th. Finally, Morgan Stanley decreased 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. One analyst has rated the stock with a Strong Buy rating, six have given a Buy rating, ten have assigned a Hold rating and one has assigned a Sell rating to the company’s stock. According to data from MarketBeat, Marsh & McLennan Companies presently has an average rating of “Hold” and an average target price of $200.44.

Insider Activity

In other news, CEO John Q. Doyle sold 16,656 shares of the 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 directly owned 116,811 shares of the company’s stock, valued at $18,889,506.81. This represents a 12.48% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is available at this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. 0.38% of the stock is currently owned by company insiders.

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.