What is DOWLING & PARTN’s Forecast for MRSH FY2028 Earnings?

Marsh & McLennan Companies, Inc. (NYSE:MRSH) – Equities researchers at DOWLING & PARTN issued their FY2028 earnings per share estimates for shares of Marsh & McLennan Companies in a research report issued on Friday, July 24th. DOWLING & PARTN analyst J. Christiana expects that the financial services provider will post earnings per share of $12.60 for the year. The consensus estimate for Marsh & McLennan Companies’ current full-year earnings is $10.41 per share.

Marsh & McLennan Companies (NYSE:MRSH) last posted its quarterly earnings results on Tuesday, July 21st. The financial services provider reported $2.96 earnings per share (EPS) for the quarter, beating the consensus estimate of $2.89 by $0.07. Marsh & McLennan Companies had a return on equity of 32.67% and a net margin of 14.24%.The business had revenue of $7.28 billion for the quarter. Marsh & McLennan Companies’s quarterly revenue was up 6.2% on a year-over-year basis.

A number of other research firms also recently issued reports on MRSH. Bank of America reduced their price target on shares of Marsh & McLennan Companies from $181.00 to $174.00 and set an “underperform” rating on the stock in a research report on Tuesday, April 14th. Wells Fargo & Company increased their price objective on shares of Marsh & McLennan Companies from $186.00 to $188.00 and gave the stock an “equal weight” rating in a research note on Wednesday, July 22nd. Mizuho raised their target price on shares of Marsh & McLennan Companies from $197.00 to $201.00 and gave the stock a “neutral” rating in a report on Wednesday, July 22nd. Barclays decreased their target price on Marsh & McLennan Companies from $209.00 to $206.00 and set an “overweight” rating for the company in a research note on Wednesday, April 8th. Finally, Cantor Fitzgerald increased their price target on Marsh & McLennan Companies from $210.00 to $218.00 and gave the stock an “overweight” rating in a research report on Thursday, July 9th. One equities research analyst has rated the stock with a Strong Buy rating, five have issued a Buy rating, eleven have given a Hold rating and one has assigned a Sell rating to the company’s stock. Based on data from MarketBeat, the stock presently has an average rating of “Hold” and a consensus target price of $201.94.

Marsh & McLennan Companies Stock Up 1.4%

Marsh & McLennan Companies stock opened at $183.29 on Tuesday. The company has a debt-to-equity ratio of 1.22, a current ratio of 1.14 and a quick ratio of 1.14. Marsh & McLennan Companies has a 12 month low of $156.60 and a 12 month high of $213.80. The firm has a market capitalization of $87.47 billion, a price-to-earnings ratio of 22.41, a price-to-earnings-growth ratio of 2.60 and a beta of 0.61.

Hedge Funds Weigh In On Marsh & McLennan Companies

Several large investors have recently bought and sold shares of MRSH. Vanguard Group Inc. lifted its stake in shares of Marsh & McLennan Companies by 0.8% in the 4th quarter. Vanguard Group Inc. now owns 46,589,633 shares of the financial services provider’s stock worth $8,643,309,000 after acquiring an additional 387,100 shares during the period. State Street Corp bought a new position in shares of Marsh & McLennan Companies in the fourth quarter valued at approximately $4,057,682,000. Capital International Investors acquired a new position in shares of Marsh & McLennan Companies during the fourth quarter valued at approximately $3,482,557,000. Capital World Investors bought a new stake in Marsh & McLennan Companies during the fourth quarter worth approximately $3,140,284,000. Finally, Wellington Management Group LLP acquired a new stake in Marsh & McLennan Companies in the fourth quarter worth approximately $2,967,927,000. Institutional investors and hedge funds own 87.99% of the company’s stock.

Insider Buying and Selling at Marsh & McLennan Companies

In related news, CEO John Q. Doyle sold 16,656 shares of Marsh & McLennan Companies stock in a transaction dated Tuesday, June 2nd. The shares were sold at an average price of $161.71, for a total transaction of $2,693,441.76. Following the sale, the chief executive officer directly owned 116,811 shares in the company, valued at $18,889,506.81. The trade was a 12.48% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. 0.38% of the stock is currently owned by corporate insiders.

Marsh & McLennan Companies Increases Dividend

The firm also recently declared a quarterly dividend, which will be paid on Friday, August 14th. Stockholders of record on Thursday, July 23rd will be paid a $0.99 dividend. The ex-dividend date of this dividend is Thursday, July 23rd. This is a positive change from Marsh & McLennan Companies’s previous quarterly dividend of $0.90. This represents a $3.96 annualized dividend and a dividend yield of 2.2%. Marsh & McLennan Companies’s dividend payout ratio (DPR) is currently 48.41%.

Marsh & McLennan Companies Company 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.