Quadrant Capital Group LLC Sells 2,894 Shares of Marsh & McLennan Companies, Inc. $MRSH

Quadrant Capital Group LLC reduced its position in shares of Marsh & McLennan Companies, Inc. (NYSE:MRSH) by 17.3% in the third quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The firm owned 13,810 shares of the financial services provider’s stock after selling 2,894 shares during the quarter. Quadrant Capital Group LLC’s holdings in Marsh & McLennan Companies were worth $2,783,000 as of its most recent SEC filing.

Other institutional investors have also recently made changes to their positions in the company. Pinnacle Bancorp Inc. purchased a new position in shares of Marsh & McLennan Companies in the third quarter worth approximately $25,000. Headlands Technologies LLC purchased a new stake in Marsh & McLennan Companies during the second quarter valued at approximately $29,000. Delos Wealth Advisors LLC bought a new position in Marsh & McLennan Companies in the second quarter worth approximately $32,000. TruNorth Capital Management LLC purchased a new position in shares of Marsh & McLennan Companies during the 3rd quarter worth $32,000. Finally, Hanson & Doremus Investment Management grew its position in shares of Marsh & McLennan Companies by 31.3% during the 3rd quarter. Hanson & Doremus Investment Management now owns 214 shares of the financial services provider’s stock valued at $43,000 after acquiring an additional 51 shares during the period. Institutional investors own 87.99% of the company’s stock.

Key Marsh & McLennan Companies News

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

• Positive Sentiment: Zacks highlights MRSH as a strong growth stock, pointing to favorable style scores and the company’s recent earnings/operational metrics that support a growth narrative for investors. Read More.
• Positive Sentiment: Marsh (the brokerage unit of MRSH) named Nick Studer as CEO of Marsh Risk — a management appointment that could accelerate product, underwriting and go-to-market execution at the core broking unit if it boosts revenue or margin initiatives. Read More.
• Positive Sentiment: Recent Q4 results (Jan 29) showed an EPS beat and mid-single-digit revenue growth year-over-year, which underpins analyst expectations for continued profitability and supports the stock’s longer-term upside. (Earnings release / company report)
• Neutral Sentiment: Barclays trimmed its price target slightly from $210 to $209 but kept an Overweight rating — a marginal downgrade in target but the analyst stance remains constructive, implying continued upside from current levels. Read More. Read More.
• Negative Sentiment: Market headlines grouped MRSH with other names whose shares were falling intraday, reflecting broader sector or market pressure rather than company-specific negative news — this is weighing on the stock in the short term. Read More.

Insiders Place Their Bets

In other Marsh & McLennan Companies news, CEO John Q. Doyle sold 16,655 shares of the firm’s stock in a transaction that occurred on Wednesday, March 4th. The stock was sold at an average price of $183.30, for a total transaction of $3,052,861.50. Following the completion of the transaction, the chief executive officer owned 116,811 shares in the company, valued at $21,411,456.30. This trade represents a 12.48% decrease in their position. The transaction was disclosed in a filing with the SEC, which is available through this link. 0.35% of the stock is owned by corporate insiders.

Marsh & McLennan Companies Stock Performance

Shares of NYSE:MRSH opened at $173.95 on Thursday. The firm has a market cap of $84.21 billion, a P/E ratio of 20.63, a P/E/G ratio of 2.37 and a beta of 0.74. Marsh & McLennan Companies, Inc. has a fifty-two week low of $170.37 and a fifty-two week high of $248.00. The company has a debt-to-equity ratio of 1.20, a current ratio of 1.10 and a quick ratio of 1.10.

Marsh & McLennan Companies (NYSE:MRSH) last announced its quarterly earnings results on Thursday, January 29th. The financial services provider reported $2.12 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $1.97 by $0.15. The company had revenue of $6.60 billion for the quarter, compared to the consensus estimate of $6.52 billion. Marsh & McLennan Companies had a net margin of 15.42% and a return on equity of 31.60%. Marsh & McLennan Companies’s revenue for the quarter was up 8.7% compared to the same quarter last year. During the same period in the previous year, the firm posted $1.87 EPS. Research analysts expect that Marsh & McLennan Companies, Inc. will post 9.61 earnings per share for the current fiscal year.

Marsh & McLennan Companies Announces Dividend

The company also recently declared a quarterly dividend, which will be paid on Friday, May 15th. Investors of record on Thursday, April 9th will be paid a dividend of $0.90 per share. The ex-dividend date of this dividend is Thursday, April 9th. This represents a $3.60 dividend on an annualized basis and a yield of 2.1%. Marsh & McLennan Companies’s dividend payout ratio is presently 42.70%.

Wall Street Analyst Weigh In

A number of brokerages recently commented on MRSH. Wells Fargo & Company raised their target price on Marsh & McLennan Companies from $199.00 to $203.00 and gave the stock an “equal weight” rating in a report on Friday, January 30th. Morgan Stanley upped their price target on Marsh & McLennan Companies from $190.00 to $195.00 and gave the stock an “equal weight” rating in a research report on Friday, January 30th. Raymond James Financial raised Marsh & McLennan Companies from an “outperform” rating to a “strong-buy” rating and set a $225.00 price objective on the stock in a research note on Tuesday, February 17th. Royal Bank Of Canada reiterated a “sector perform” rating and set a $200.00 price objective on shares of Marsh & McLennan Companies in a research note on Friday, January 30th. Finally, Mizuho reissued a “neutral” rating and issued a $199.00 target price (down from $213.00) on shares of Marsh & McLennan Companies in a report on Friday, February 27th. One research analyst has rated the stock with a Strong Buy rating, six have issued a Buy rating, eleven have issued a Hold rating and one has given a Sell rating to the company. According to MarketBeat.com, the company presently has an average rating of “Hold” and an average target price of $216.12.

Marsh & McLennan Companies Profile

Marsh & McLennan Companies (NYSE: MMC) is a global professional services firm headquartered in New York City that provides advice and solutions in the areas of risk, strategy and people. Founded in 1905, the company has grown into a diversified group of businesses focused on insurance brokerage and risk management, reinsurance, human capital and investment consulting, and management consulting. Its long history and scale position it as a prominent adviser to corporations, governments and other institutions seeking to manage risk and optimize human and financial capital.

The firm operates through several well-known subsidiaries and business units that specialize in distinct services.