Marsh & McLennanMMC
MMC
About: Marsh McLennan is a professional services firm that provides advice and solutions in the areas of risk, strategy, and human capital. The company operates through two main segments: risk and insurance services and consulting. In risk and insurance services, the firm offers services via Marsh (an insurance broker) and Guy Carpenter (a risk and reinsurance specialist). The consulting division comprises Mercer (a provider of human resource services) and Oliver Wyman (a management and economic consultancy). About half of its revenue is generated outside the US.
Employees: 85,000
0
Funds holding %
of 6,809 funds
0
Analysts bullish %
of 10 analysts
Fund manager confidence
Based on 2024 Q3 regulatory filings by fund managers ($100M+ AUM)
59% more first-time investments, than exits
New positions opened: 135 | Existing positions closed: 85
24% more repeat investments, than reductions
Existing positions increased: 612 | Existing positions reduced: 495
3% more funds holding
Funds holding: 1,446 [Q2] → 1,496 (+50) [Q3]
2% more capital invested
Capital invested by funds: $93.4B [Q2] → $95.5B (+$2.01B) [Q3]
1% more call options, than puts
Call options by funds: $359M | Put options by funds: $355M
2.75% less ownership
Funds ownership: 89.89% [Q2] → 87.14% (-2.75%) [Q3]
4% less funds holding in top 10
Funds holding in top 10: 25 [Q2] → 24 (-1) [Q3]
Research analyst outlook
10 Wall Street Analysts provided 1 year price targets over the past 3 months
Low target
$211
1%
downside
Avg. target
$235
10%
upside
High target
$259
21%
upside
10 analyst ratings
3 positive
30%
6 neutral
60%
1 negative
10%
RBC Capital Scott Heleniak 74% 1-year accuracy 40 / 54 met price target | 17%upside $250 | Outperform Upgraded | 12 Dec 2024 |
Evercore ISI Group David Motemaden 53% 1-year accuracy 8 / 15 met price target | 13%upside $242 | Outperform Reinstated | 25 Nov 2024 |
Barclays Alex Scott 53% 1-year accuracy 30 / 57 met price target | 15%upside $246 | Equal-Weight Maintained | 21 Nov 2024 |
BMO Capital Michael Zaremski 68% 1-year accuracy 17 / 25 met price target | 7%upside $228 | Market Perform Maintained | 22 Oct 2024 |
UBS Brian Meredith 77% 1-year accuracy 30 / 39 met price target | 21%upside $259 | Buy Maintained | 22 Oct 2024 |
Financial journalist opinion
Neutral
Business Wire
2 weeks ago
Despite Economic Uncertainty, US Employers Maintain Elevated Compensation Budgets for 2025, According to Mercer
NEW YORK--(BUSINESS WIRE)--Today, Mercer, a business of Marsh McLennan (NYSE: MMC) and a global leader in helping clients realize their investment objectives, shape the future of work and enhance health and retirement outcomes for their people, released the results of the November 2024 Mercer QuickPulse™ US Compensation Planning Survey. According to the survey of more than 850 US organizations, employers are planning to raise their compensation budgets by 3.3% for merit increases and 3.7% for t.
Positive
Zacks Investment Research
3 weeks ago
Here's Why Investors Should Hold Marsh & McLennan Stock for Now
MMC is currently aided by strong segmental contribution, solid retention rates and tactical deployment of capital.
Positive
Market Watch
1 month ago
15 stocks — including Palantir and Nvidia — whose sales estimates have risen the most this earnings season
Other companies whose consensus 2025 revenue estimates have increased the most include BlackRock and Coterra Energy.
Neutral
Newsfile Corp
1 month ago
Octaviant Financial Announces Strategic Initiative with Starr Insurance
New Brunswick, New Jersey--(Newsfile Corp. - November 21, 2024) - Octaviant Financial, Inc. (OFX), a recognized innovator in drug warranty and payment models, announced today that Starr Insurance will join Octaviant and Marsh, the world's leading insurance broker and risk advisor, in offering drug warranty services that enable pharmaceutical companies to stand behind the effectiveness of high-cost therapies. Octaviant will provide its drug warranties under the terms of the partnership through its subsidiary, Actuaria Insurance Services LLC.
Neutral
Business Wire
1 month ago
Employers Enhanced Health Benefits in 2024, Adding Coverage for Weight-Loss Medications and IVF Despite Growing Health Costs, Mercer Survey Finds
NEW YORK--(BUSINESS WIRE)--Mercer, a business of Marsh McLennan (NYSE: MMC) and a global leader in helping clients realize their investment objectives, shape the future of work and enhance health and retirement outcomes for their people, released results from its 2024 National Survey of Employer-Sponsored Health Plans. The survey found that the average per-employee cost of employer-sponsored health insurance reached $16,501 in 2024, an increase of about 5% year over year, with employers expecti.
Neutral
Business Wire
1 month ago
RMA's Annual CRO Survey Reveals Cybersecurity, Fraud, and Rapid Response as Key Banking Risks in 2025
CHICAGO--(BUSINESS WIRE)--ProSight Financial Association has announced the results of the fourth annual RMA Chief Risk Officer (CRO) Outlook Survey. ProSight, formed from this year's merger of RMA (Risk Management Association) and BAI, said the survey reveals a financial services risk management environment that has been affected by the 2023 regional bank crisis as critical risks that preceded the crisis such as cyber, fraud, and third-party risk remain. Conducted in the summer of 2024 in colla.
Positive
Zacks Investment Research
1 month ago
Marsh & McLennan Expands Middle-Market Reach With McGriff Integration
The move will likely expand MMC's client base, service offerings and cross-selling opportunities, triggering revenue growth.
Neutral
Business Wire
1 month ago
Marsh McLennan Completes Acquisition of McGriff Insurance Services
NEW YORK--(BUSINESS WIRE)--Marsh McLennan (NYSE: MMC), a global leader in risk, strategy and people, today completed the acquisition of McGriff Insurance Services, LLC. With the closing of this acquisition, McGriff's more than 3,500 colleagues will join Marsh McLennan Agency. “We are thrilled to welcome the McGriff team to Marsh McLennan,” said John Doyle, President and CEO of Marsh McLennan. “Their deep specialty and industry capabilities will strengthen Marsh McLennan Agency's value propositi.
Neutral
Business Wire
1 month ago
Marsh McLennan Announces Pricing of $7.25 Billion Senior Notes Offering
NEW YORK--(BUSINESS WIRE)--Marsh McLennan (NYSE: MMC) (the “Company”) announced today that it has priced $950 million aggregate principal amount of its 4.550% Senior Notes due 2027, $1,000 million aggregate principal amount of its 4.650% Senior Notes due 2030, $1,000 million aggregate principal amount of its 4.850% Senior Notes due 2031, $2,000 million aggregate principal amount of its 5.000% Senior Notes due 2035, $500 million aggregate principal amount of its 5.350% Senior Notes due 2044, $1,.
Positive
Benzinga
2 months ago
These Analysts Boost Their Forecasts On Marsh & McLennan Following Upbeat Earnings
Marsh & McLennan MMC reported better-than-expected third-quarter earnings on Thursday.
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