FY2025 EPS Estimates for MMC Lowered by Cantor Fitzgerald

Marsh & McLennan Companies, Inc. (NYSE:MMC) – Investment analysts at Cantor Fitzgerald cut their FY2025 earnings estimates for shares of Marsh & McLennan Companies in a research report issued on Thursday, October 9th. Cantor Fitzgerald analyst R. Tunis now forecasts that the financial services provider will post earnings per share of $9.49 for the year, down from their previous forecast of $9.70. Cantor Fitzgerald has a “Overweight” rating and a $256.00 price target on the stock. The consensus estimate for Marsh & McLennan Companies’ current full-year earnings is $9.61 per share. Cantor Fitzgerald also issued estimates for Marsh & McLennan Companies’ FY2026 earnings at $10.34 EPS.

Marsh & McLennan Companies (NYSE:MMC) last posted its quarterly earnings data on Thursday, July 17th. The financial services provider reported $2.72 earnings per share (EPS) for the quarter, topping the consensus estimate of $2.66 by $0.06. Marsh & McLennan Companies had a net margin of 16.00% and a return on equity of 31.90%. The company had revenue of $6.97 billion for the quarter, compared to the consensus estimate of $6.92 billion. During the same quarter in the previous year, the firm posted $2.41 EPS. The business’s revenue was up 12.1% compared to the same quarter last year.

Several other research firms also recently issued reports on MMC. Barclays dropped their price objective on shares of Marsh & McLennan Companies from $233.00 to $221.00 and set an “equal weight” rating on the stock in a report on Wednesday. UBS Group dropped their price objective on shares of Marsh & McLennan Companies from $258.00 to $257.00 and set a “buy” rating on the stock in a report on Wednesday. Weiss Ratings reissued a “hold (c+)” rating on shares of Marsh & McLennan Companies in a research note on Wednesday. Morgan Stanley lowered their target price on shares of Marsh & McLennan Companies from $220.00 to $215.00 and set an “equal weight” rating on the stock in a research note on Tuesday. Finally, Wolfe Research started coverage on shares of Marsh & McLennan Companies in a research note on Tuesday, September 16th. They issued a “peer perform” rating on the stock. Seven investment analysts have rated the stock with a Buy rating, nine have issued a Hold rating and two have issued a Sell rating to the company. Based on data from MarketBeat, the stock currently has a consensus rating of “Hold” and a consensus target price of $237.13.

Marsh & McLennan Companies Stock Performance

NYSE:MMC opened at $207.12 on Friday. The firm’s 50-day moving average is $203.29 and its 200-day moving average is $215.73. Marsh & McLennan Companies has a 52-week low of $195.01 and a 52-week high of $248.00. The company has a debt-to-equity ratio of 1.19, a quick ratio of 1.20 and a current ratio of 1.20. The company has a market cap of $101.82 billion, a price-to-earnings ratio of 24.83, a PEG ratio of 2.60 and a beta of 0.81.

Marsh & McLennan Companies Dividend Announcement

The company also recently declared a quarterly dividend, which will be paid on Friday, November 14th. Shareholders of record on Thursday, October 2nd will be given a $0.90 dividend. The ex-dividend date is Thursday, October 2nd. This represents a $3.60 dividend on an annualized basis and a yield of 1.7%. Marsh & McLennan Companies’s payout ratio is 43.17%.

Insider Buying and Selling

In other Marsh & McLennan Companies news, CEO John Q. Doyle sold 21,079 shares of the business’s stock in a transaction dated Tuesday, September 2nd. The shares were sold at an average price of $205.65, for a total value of $4,334,896.35. Following the transaction, the chief executive officer directly owned 87,681 shares in the company, valued at $18,031,597.65. The trade was a 19.38% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink. 0.35% of the stock is currently owned by company insiders.

Hedge Funds Weigh In On Marsh & McLennan Companies

Institutional investors and hedge funds have recently added to or reduced their stakes in the company. Accent Capital Management LLC acquired a new position in Marsh & McLennan Companies in the first quarter valued at about $25,000. Knuff & Co LLC acquired a new position in shares of Marsh & McLennan Companies during the first quarter worth approximately $28,000. Activest Wealth Management lifted its position in shares of Marsh & McLennan Companies by 2,775.0% during the first quarter. Activest Wealth Management now owns 115 shares of the financial services provider’s stock worth $28,000 after purchasing an additional 111 shares in the last quarter. Headlands Technologies LLC acquired a new position in shares of Marsh & McLennan Companies during the second quarter worth approximately $29,000. Finally, Westside Investment Management Inc. lifted its position in shares of Marsh & McLennan Companies by 363.3% during the second quarter. Westside Investment Management Inc. now owns 139 shares of the financial services provider’s stock worth $30,000 after purchasing an additional 109 shares in the last quarter. 87.99% of the stock is currently owned by institutional investors and hedge funds.

About Marsh & McLennan Companies

Marsh & McLennan Cos., Inc is a professional services firm, which engages in offering clients advice and solutions in risk, strategy, and people. It operates through the Risk and Insurance Services, and Consulting segments. The Risk and Insurance Services segment is involved in risk management activities, as well as insurance and reinsurance broking and services.