Marsh & McLennan (MMC)

• Market cap: $117B
• 1 day: -4.86%
• 5 days: -3.91%
• 1 month: -5.51%
• 3 months: 2.25%
• 6 months: -3.02%
• Year to date: 4.13%
• 1 year: 11.36%
• 5 years: 123.33%
• 10 years: 291.65%
• Sector: Financials
• Industry: Insurance Brokers

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: 52,400

Fund manager confidence

Based on 2024 Q4 regulatory disclosures by fund managers ($100M+ AUM)

67% more first-time investments, than exits

New positions opened: 179 | Existing positions closed: 107

30% more repeat investments, than reductions

Existing positions increased: 634 | Existing positions reduced: 487

2.86% more ownership

Funds ownership: 86.98% [Q3] → 89.85% (+2.86%) [Q4]

2% more funds holding

Funds holding: 1,505 [Q3] → 1,541 (+36) [Q4]

1% less capital invested

Capital invested by funds: $95.3B [Q3] → $94B (-$1.26B) [Q4]

2% less call options, than puts

Call options by funds: $106M | Put options by funds: $107M

17% less funds holding in top 10

Funds holding in top 10: 24 [Q3] → 20 (-4) [Q4]

Research analyst outlook

6 Wall Street Analysts provided 1 year price targets over the past 3 months

• Low target: $220 0% upside
• Avg. target: $243 10% upside
• High target: $261 19% upside

6 analyst ratings

• positive: 2 33%
• neutral: 3 50%
• negative: 1 17%

Barclays Alex Scott 43% 1-year accuracy 40 / 94 met price target	13% upside $249	Equal-Weight Maintained	11 Apr 2025
Jefferies Yaron Kinar 74% 1-year accuracy 14 / 19 met price target	11% upside $244	Hold Maintained	11 Apr 2025
Wells Fargo Elyse Greenspan 59% 1-year accuracy 68 / 116 met price target	5% upside $232	Equal-Weight Maintained	10 Apr 2025
UBS Brian Meredith 81% 1-year accuracy 26 / 32 met price target	19% upside $261	Buy Maintained	9 Apr 2025
Keefe, Bruyette & Woods Meyer Shields 74% 1-year accuracy 83 / 112 met price target	0% downside $220	Underperform Maintained	9 Apr 2025