Q4 2024 EPS Estimates for Marsh & McLennan Companies, Inc. (NYSE:MMC) Increased by Zacks Research

Marsh & McLennan Companies, Inc. (NYSE:MMC) – Analysts at Zacks Research boosted their Q4 2024 earnings estimates for Marsh & McLennan Companies in a report issued on Thursday, August 1st. Zacks Research analyst D. Chatterjee now expects that the financial services provider will earn $1.84 per share for the quarter, up from their prior forecast of $1.82. The consensus estimate for Marsh & McLennan Companies’ current full-year earnings is $8.73 per share. Zacks Research also issued estimates for Marsh & McLennan Companies’ Q3 2025 earnings at $1.90 EPS, Q4 2025 earnings at $2.14 EPS and Q1 2026 earnings at $3.07 EPS.

Marsh & McLennan Companies (NYSE:MMC) last released its quarterly earnings results on Thursday, July 18th. The financial services provider reported $2.41 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $2.40 by $0.01. Marsh & McLennan Companies had a return on equity of 33.92% and a net margin of 16.97%. The business had revenue of $6.22 billion during the quarter, compared to the consensus estimate of $6.31 billion. During the same period in the previous year, the company posted $2.20 EPS. The business’s quarterly revenue was up 5.9% compared to the same quarter last year.

Other research analysts also recently issued reports about the company. UBS Group boosted their price objective on Marsh & McLennan Companies from $236.00 to $238.00 and gave the company a “buy” rating in a research note on Monday, April 22nd. Jefferies Financial Group lifted their target price on shares of Marsh & McLennan Companies from $197.00 to $208.00 and gave the company a “hold” rating in a research note on Friday, April 19th. Morgan Stanley boosted their price objective on Marsh & McLennan Companies from $205.00 to $210.00 and gave the company an “equal weight” rating in a research report on Monday, April 15th. TD Cowen lifted their target price on Marsh & McLennan Companies from $189.00 to $201.00 and gave the company a “hold” rating in a research note on Monday, April 22nd. Finally, JPMorgan Chase & Co. increased their price objective 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 investment analysts have rated the stock with a sell rating, eleven have given a hold rating and four have issued a buy rating to the company. According to data from MarketBeat.com, the company presently has an average rating of “Hold” and an average target price of $214.25.

Marsh & McLennan Companies Price Performance

Shares of Marsh & McLennan Companies stock opened at $217.15 on Monday. The company has a debt-to-equity ratio of 0.91, a quick ratio of 1.17 and a current ratio of 1.17. The stock’s fifty day moving average is $213.69 and its 200 day moving average is $206.04. The stock has a market cap of $107.00 billion, a P/E ratio of 27.56, a P/E/G ratio of 3.20 and a beta of 0.94. Marsh & McLennan Companies has a one year low of $184.02 and a one year high of $227.63.

Institutional Inflows and Outflows

Institutional investors have recently bought and sold shares of the company. Parnassus Investments LLC raised its holdings in shares of Marsh & McLennan Companies by 0.3% in the fourth quarter. Parnassus Investments LLC now owns 4,259,567 shares of the financial services provider’s stock valued at $807,060,000 after acquiring an additional 11,459 shares in the last quarter. Veritas Investment Partners UK Ltd. boosted its stake in shares of Marsh & McLennan Companies by 16.9% during the fourth quarter. Veritas Investment Partners UK Ltd. now owns 1,404,598 shares of the financial services provider’s stock valued at $266,134,000 after purchasing an additional 203,017 shares in the last quarter. Nordea Investment Management AB increased its holdings in Marsh & McLennan Companies by 12.4% during the first quarter. Nordea Investment Management AB now owns 906,976 shares of the financial services provider’s stock valued at $187,218,000 after buying an additional 100,378 shares during the period. CENTRAL TRUST Co lifted its holdings in Marsh & McLennan Companies by 5.5% during the fourth quarter. CENTRAL TRUST Co now owns 1,448 shares of the financial services provider’s stock worth $274,000 after buying an additional 75 shares during the period. Finally, Weiss Asset Management LP bought a new stake in Marsh & McLennan Companies during the 4th quarter valued at $3,465,000. 87.99% of the stock is currently owned by hedge funds and other institutional investors.

Insiders Place Their Bets

In related news, SVP Paul Beswick sold 2,169 shares of the firm’s stock in a transaction that occurred on Friday, May 17th. The stock was sold at an average price of $210.13, for a total transaction of $455,771.97. Following the completion of the sale, the senior vice president now directly owns 13,030 shares of the company’s stock, valued at approximately $2,737,993.90. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink. In related news, SVP Paul Beswick sold 2,169 shares of the firm’s stock in a transaction dated Friday, May 17th. The shares were sold at an average price of $210.13, for a total value of $455,771.97. Following the transaction, the senior vice president now owns 13,030 shares of the company’s stock, valued at approximately $2,737,993.90. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this link. Also, Director Oscar Fanjul sold 6,000 shares of Marsh & McLennan Companies stock in a transaction dated Thursday, June 13th. The shares were sold at an average price of $209.01, for a total transaction of $1,254,060.00. Following the sale, the director now owns 53,393 shares of the company’s stock, valued at approximately $11,159,670.93. The disclosure for this sale can be found here. Insiders sold a total of 29,904 shares of company stock valued at $6,607,149 over the last 90 days. Insiders own 0.30% of the company’s stock.

Marsh & McLennan Companies Increases Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Thursday, August 15th. Investors of record on Monday, July 15th will be given a $0.815 dividend. This is a positive change from Marsh & McLennan Companies’s previous quarterly dividend of $0.71. This represents a $3.26 dividend on an annualized basis and a yield of 1.50%. The ex-dividend date of this dividend is Thursday, July 25th. Marsh & McLennan Companies’s dividend payout ratio is 41.37%.

About Marsh & McLennan Companies

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.