Roth Capital Issues Pessimistic Estimate for MMC Earnings

Marsh & McLennan Companies, Inc. (NYSE:MMC) – Equities researchers at Roth Capital decreased their Q4 2024 earnings estimates for Marsh & McLennan Companies in a research report issued to clients and investors on Friday, October 18th. Roth Capital analyst H. Fong now expects that the financial services provider will post earnings per share of $1.82 for the quarter, down from their previous estimate of $1.83. The consensus estimate for Marsh & McLennan Companies’ current full-year earnings is $8.73 per share. Roth Capital also issued estimates for Marsh & McLennan Companies’ Q1 2025 earnings at $3.02 EPS, Q3 2025 earnings at $1.79 EPS, Q4 2025 earnings at $2.11 EPS, Q1 2026 earnings at $3.29 EPS, Q2 2026 earnings at $2.91 EPS, Q3 2026 earnings at $1.94 EPS and FY2026 earnings at $10.40 EPS.

MMC has been the subject of several other reports. Barclays began coverage on shares of Marsh & McLennan Companies in a report on Wednesday, September 4th. They issued an “equal weight” rating and a $236.00 price target for the company. Jefferies Financial Group lifted their target price on Marsh & McLennan Companies from $219.00 to $222.00 and gave the company a “hold” rating in a research note on Wednesday, October 9th. Wells Fargo & Company cut their price target on Marsh & McLennan Companies from $212.00 to $211.00 and set an “equal weight” rating on the stock in a report on Thursday, October 10th. Bank of America upped their price objective on Marsh & McLennan Companies from $248.00 to $250.00 and gave the stock a “neutral” rating in a research note on Thursday, October 10th. Finally, JPMorgan Chase & Co. boosted their price target on shares of Marsh & McLennan Companies from $210.00 to $230.00 and gave the company a “neutral” rating in a report on Thursday, July 11th. Two research analysts have rated the stock with a sell rating, eleven have assigned a hold rating and two have issued a buy rating to the company’s stock. Based on data from MarketBeat.com, the stock has an average rating of “Hold” and an average price target of $221.93.

Marsh & McLennan Companies Stock Performance

Marsh & McLennan Companies stock opened at $224.66 on Monday. The company has a market cap of $110.70 billion, a PE ratio of 28.51, a P/E/G ratio of 3.58 and a beta of 0.94. Marsh & McLennan Companies has a 12 month low of $184.02 and a 12 month high of $232.32. The company has a fifty day moving average price of $225.28 and a two-hundred day moving average price of $215.07. The company has a debt-to-equity ratio of 0.91, a current ratio of 1.17 and a quick ratio of 1.17.

Marsh & McLennan Companies (NYSE:MMC) last released its earnings results on Thursday, October 17th. The financial services provider reported $1.63 EPS for the quarter, topping analysts’ consensus estimates of $1.61 by $0.02. Marsh & McLennan Companies had a return on equity of 33.92% and a net margin of 16.97%. The company had revenue of $5.70 billion for the quarter, compared to the consensus estimate of $5.71 billion. During the same quarter last year, the business posted $1.57 EPS. Marsh & McLennan Companies’s quarterly revenue was up 5.9% compared to the same quarter last year.

Institutional Trading of Marsh & McLennan Companies

Hedge funds have recently bought and sold shares of the company. University of Texas Texas AM Investment Management Co. acquired a new stake in shares of Marsh & McLennan Companies during the second quarter valued at approximately $3,710,000. Czech National Bank raised its stake in Marsh & McLennan Companies by 6.7% during the 3rd quarter. Czech National Bank now owns 100,175 shares of the financial services provider’s stock valued at $22,348,000 after purchasing an additional 6,282 shares during the period. Raymond James & Associates lifted its holdings in shares of Marsh & McLennan Companies by 2.6% in the second quarter. Raymond James & Associates now owns 925,411 shares of the financial services provider’s stock valued at $195,003,000 after purchasing an additional 23,133 shares in the last quarter. Nordea Investment Management AB boosted its position in shares of Marsh & McLennan Companies by 12.4% in the first quarter. Nordea Investment Management AB now owns 906,976 shares of the financial services provider’s stock worth $187,218,000 after buying an additional 100,378 shares during the period. Finally, Kinsale Capital Group Inc. raised its position in Marsh & McLennan Companies by 26.8% during the first quarter. Kinsale Capital Group Inc. now owns 18,845 shares of the financial services provider’s stock valued at $3,882,000 after buying an additional 3,984 shares during the period. 87.99% of the stock is owned by hedge funds and other institutional investors.

Insider Buying and Selling

In other news, CFO Mark C. Mcgivney sold 10,265 shares of the company’s stock in a transaction on Friday, August 2nd. The stock was sold at an average price of $226.41, for a total value of $2,324,098.65. Following the completion of the sale, the chief financial officer now owns 33,678 shares in the company, valued at $7,625,035.98. This represents a 0.00 % decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is available through this link. In related news, CFO Mark C. Mcgivney sold 10,265 shares of the firm’s stock in a transaction that occurred on Friday, August 2nd. The shares were sold at an average price of $226.41, for a total transaction of $2,324,098.65. Following the completion of the sale, the chief financial officer now directly owns 33,678 shares in the company, valued at approximately $7,625,035.98. This trade represents a 0.00 % decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is available at the SEC website. Also, CFO Mark C. Mcgivney sold 5,200 shares of the stock in a transaction on Monday, August 5th. The shares were sold at an average price of $225.03, for a total value of $1,170,156.00. Following the sale, the chief financial officer now owns 33,678 shares of the company’s stock, valued at $7,578,560.34. This trade represents a 0.00 % decrease in their position. The disclosure for this sale can be found here. Insiders have sold a total of 19,566 shares of company stock valued at $4,420,137 over the last quarter. Corporate insiders own 0.30% of the company’s stock.

Marsh & McLennan Companies Dividend Announcement

The business also recently disclosed a quarterly dividend, which will be paid on Friday, November 15th. Stockholders of record on Friday, October 4th will be issued a $0.815 dividend. This represents a $3.26 annualized dividend and a dividend yield of 1.45%. The ex-dividend date of this dividend is Friday, October 4th. Marsh & McLennan Companies’s dividend payout ratio (DPR) is presently 41.37%.

Marsh & McLennan Companies Company Profile

Marsh & McLennan Companies, Inc, a professional services company, provides advice and solutions to clients in the areas of risk, strategy, and people worldwide. It operates through Risk and Insurance Services, and Consulting segments. The Risk and Insurance Services segment offers risk management services, such as risk advice, risk transfer, and risk control and mitigation solutions, as well as insurance and reinsurance broking, strategic advisory services, and analytics solutions, and insurance program management services.