Marsh & McLennan Companies, Inc. $MRSH Stock Acquired by Generali Asset Management SPA SGR

Generali Asset Management SPA SGR grew its holdings in shares of Marsh & McLennan Companies, Inc. (NYSE:MRSH) by 5.8% in the third quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm owned 67,364 shares of the financial services provider’s stock after acquiring an additional 3,692 shares during the period. Generali Asset Management SPA SGR’s holdings in Marsh & McLennan Companies were worth $11,501,000 as of its most recent SEC filing.

Several other hedge funds have also recently made changes to their positions in the business. Asset Dedication LLC acquired a new position in shares of Marsh & McLennan Companies in the 1st quarter valued at about $25,000. Pinnacle Bancorp Inc. bought a new stake in shares of Marsh & McLennan Companies during the 1st quarter valued at about $28,000. Canton Hathaway LLC acquired a new stake in Marsh & McLennan Companies during the first quarter worth approximately $28,000. EFG International AG acquired a new stake in Marsh & McLennan Companies during the second quarter worth approximately $30,000. Finally, Bell Investment Advisors Inc bought a new stake in Marsh & McLennan Companies in the second quarter worth approximately $31,000. 87.99% of the stock is owned by institutional investors.

Marsh & McLennan Companies Price Performance

Shares of Marsh & McLennan Companies stock opened at $191.16 on Wednesday. Marsh & McLennan Companies, Inc. has a one year low of $156.60 and a one year high of $200.32. The company has a 50-day moving average price of $181.91.

Marsh & McLennan Companies (NYSE:MRSH) last announced its quarterly earnings results on Thursday, October 15th. The financial services provider reported $2.03 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.96 by $0.07. The firm had revenue of $6.86 billion during the quarter. The business’s revenue for the quarter was up 8.1% on a year-over-year basis. Analysts expect that Marsh & McLennan Companies, Inc. will post 10.48 EPS for the current fiscal year.

Marsh & McLennan Companies Dividend Announcement

The company also recently announced a quarterly dividend, which will be paid on Friday, November 13th. Stockholders of record on Thursday, October 1st will be given a dividend of $0.99 per share. This represents a $3.96 dividend on an annualized basis and a dividend yield of 2.1%. The ex-dividend date of this dividend is Thursday, October 1st.

Marsh & McLennan Companies News Summary

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

• Positive Sentiment: Marsh & McLennan agreed to issue €600 million of 4.250% senior notes due 2032 and €600 million of 4.625% senior notes due 2036. The offering broadens the company’s European investor base and provides capital for general corporate purposes, potentially supporting financial flexibility. Marsh & McLennan Senior Notes Offering
• Positive Sentiment: The company expanded its Thrive efficiency program’s annual savings target by 50% to $600 million. If achieved, the higher savings could improve operating margins and earnings, although restructuring expenses and reinvestment may delay the benefits. Expanded Thrive Program
• Neutral Sentiment: CEO Dean Klisura and Vice President Stacy Mills sold shares under pre-arranged Rule 10b5-1 plans. Mills’ transaction was partly intended to cover tax withholding on vested equity awards, making the sales less indicative of negative insider views, though the transactions may still weigh modestly on sentiment. MRSH Insider Sales
• Neutral Sentiment: Marsh & McLennan appointed Andy Start CBE as a senior advisor. The move could support strategic and client relationships, but it is unlikely to have a material immediate effect on earnings. Andy Start Senior Advisor Appointment
• Negative Sentiment: The consensus price target was cut 10.27% to MX$3,381.56, signaling reduced upside expectations. The foreign-currency target is not directly comparable with U.S.-listed MRSH, but the revision can pressure investor sentiment. MRSH Consensus Price Target Cut
• Negative Sentiment: The new €1.2 billion debt issuance increases interest obligations and leverage, which could temper the benefit of improved market access if borrowing costs or debt levels become investor concerns.

Analysts Set New Price Targets

Several equities analysts have issued reports on the company. Keefe, Bruyette & Woods boosted their price target on Marsh & McLennan Companies from $186.00 to $201.00 and gave the company a “market perform” rating in a research note on Monday, October 19th. Evercore reduced their price objective on shares of Marsh & McLennan Companies from $234.00 to $224.00 in a research report on Thursday, October 8th. Bank of America reduced their price objective on shares of Marsh & McLennan Companies from $179.00 to $178.00 and set an “underperform” rating for the company in a research report on Wednesday, July 15th. Weiss Ratings upgraded shares of Marsh & McLennan Companies from a “hold (c-)” rating to a “hold (c)” rating in a research note on Friday, August 7th. Finally, Mizuho boosted their target price on shares of Marsh & McLennan Companies from $190.00 to $200.00 and gave the company a “neutral” rating in a research report on Monday, October 19th. Two research analysts have rated the stock with a Strong Buy rating, six have assigned a Buy rating, eleven have issued a Hold rating and two have assigned a Sell rating to the company. According to data from MarketBeat, Marsh & McLennan Companies has an average rating of “Hold” and an average target price of $204.42.

Insiders Place Their Bets

In related news, CEO Dean Klisura sold 4,194 shares of the stock in a transaction on Friday, October 23rd. The stock was sold at an average price of $200.00, for a total value of $838,800.00. Following the transaction, the chief executive officer directly owned 20,935 shares in the company, valued at $4,187,000. This trade represents a 16.69% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, VP Stacy Mills sold 1,215 shares of Marsh & McLennan Companies stock in a transaction on Friday, October 23rd. The shares were sold at an average price of $200.00, for a total transaction of $243,000.00. Following the completion of the sale, the vice president directly owned 2,705 shares of the company’s stock, valued at approximately $541,000. The trade was a 30.99% decrease in their position. The SEC filing for this sale provides additional information. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. The sale was made to cover tax withholding obligations related to the vesting of equity awards. 0.38% of the stock is owned by company insiders.

Marsh & McLennan Companies Profile

Marsh & McLennan Companies is a global professional services firm that provides advice and solutions in risk, strategy and people. The company serves businesses, governments and institutions through a portfolio of specialized businesses focused on insurance brokerage, reinsurance, consulting and talent management.

Its principal businesses include Marsh, an insurance brokerage and risk advisory firm; Guy Carpenter, a provider of reinsurance brokerage and related risk-management services; Mercer, which offers consulting in investment, retirement, health and workforce strategy; and Oliver Wyman, a management consulting firm serving clients across industries and regions.

Founded in 1905, Marsh & McLennan serves clients in countries and markets around the world.