Rep. Robert Bresnahan, Jr. Sells Off Shares of Marsh & McLennan Companies, Inc. (NYSE:MMC)

Representative Robert Bresnahan, Jr. (R-Pennsylvania) recently sold shares of Marsh & McLennan Companies, Inc. NYSE: MMC. In a filing disclosed on June 09th, the Representative disclosed that they had sold between $1,001 and $15,000 in Marsh & McLennan Companies stock on May 15th. The trade occurred in the Representative's "JP MORGAN BROKERAGE ACCOUNT" account.

Representative Robert Bresnahan, Jr. also recently made the following trade(s):

• Sold $1,001 - $15,000 in shares of Zoom Communications NASDAQ: ZM on 6/25/2025.
• Purchased $1,001 - $15,000 in shares of Coinbase Global NASDAQ: COIN on 6/24/2025.
• Purchased $1,001 - $15,000 in shares of Circle Internet Group NYSE: CRCL on 6/24/2025.
• Sold $1,001 - $15,000 in shares of Amazon.com NASDAQ: AMZN on 6/23/2025.
• Sold $1,001 - $15,000 in shares of Chubb NYSE: CB on 6/13/2025.
• Sold $1,001 - $15,000 in shares of Atlassian NASDAQ: TEAM on 6/11/2025.
• Purchased $1,001 - $15,000 in shares of ServiceTitan NASDAQ: TTAN on 6/11/2025.
• Sold $1,001 - $15,000 in shares of Datadog NASDAQ: DDOG on 6/11/2025.
• Sold $1,001 - $15,000 in shares of GitLab NASDAQ: GTLB on 6/11/2025.
• Purchased $1,001 - $15,000 in shares of Broadcom NASDAQ: AVGO on 6/11/2025.

Marsh & McLennan Companies Trading Up 1.0%

MMC stock traded up $2.07 during mid-day trading on Friday, hitting $210.39. 2,290,058 shares of the company were exchanged, compared to its average volume of 2,449,143. The company has a quick ratio of 1.20, a current ratio of 1.20 and a debt-to-equity ratio of 1.19. The firm has a market capitalization of $103.43 billion, a P/E ratio of 25.23, a PEG ratio of 2.53 and a beta of 0.80. The business has a fifty day simple moving average of $219.49 and a 200-day simple moving average of $224.61. Marsh & McLennan Companies, Inc. has a 12-month low of $207.21 and a 12-month high of $248.00.

Marsh & McLennan Companies (NYSE:MMC - Get Free Report) last released its earnings results on Thursday, July 17th. The financial services provider reported $2.72 earnings per share (EPS) for the quarter, topping analysts' consensus estimates 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 analyst estimates of $6.92 billion. During the same period in the prior year, the business earned $2.41 EPS. The firm's quarterly revenue was up 12.1% on a year-over-year basis. On average, equities research analysts predict that Marsh & McLennan Companies, Inc. will post 9.61 earnings per share for the current fiscal year.

Marsh & McLennan Companies Increases Dividend

The business also recently announced a quarterly dividend, which will be paid on Friday, August 15th. Shareholders of record on Thursday, July 24th will be paid a dividend of $0.90 per share. This represents a $3.60 annualized dividend and a yield of 1.71%. The ex-dividend date is Thursday, July 24th. This is a positive change from Marsh & McLennan Companies's previous quarterly dividend of $0.82. Marsh & McLennan Companies's dividend payout ratio (DPR) is 43.17%.

Wall Street Analyst Weigh In

Several equities analysts have commented on the stock. Barclays decreased their price target on shares of Marsh & McLennan Companies from $249.00 to $233.00 and set an "equal weight" rating for the company in a research report on Monday, July 7th. Wells Fargo & Company decreased their price target on shares of Marsh & McLennan Companies from $229.00 to $226.00 and set an "equal weight" rating for the company in a research note on Friday, July 18th. Jefferies Financial Group lifted their price target on shares of Marsh & McLennan Companies from $237.00 to $244.00 and gave the stock a "hold" rating in a research note on Friday, April 11th. Keefe, Bruyette & Woods decreased their price target on shares of Marsh & McLennan Companies from $214.00 to $210.00 and set an "underperform" rating for the company in a research note on Monday, July 21st. Finally, UBS Group cut their price objective on shares of Marsh & McLennan Companies from $261.00 to $258.00 and set a "buy" rating on the stock in a report on Monday, July 21st. Two equities research analysts have rated the stock with a sell rating, seven have given a hold rating and five have assigned a buy rating to the company's stock. Based on data from MarketBeat, the company currently has an average rating of "Hold" and a consensus target price of $239.79.

Hedge Funds Weigh In On Marsh & McLennan Companies

A number of institutional investors and hedge funds have recently made changes to their positions in MMC. Accent Capital Management LLC purchased a new stake in shares of Marsh & McLennan Companies in the 1st quarter worth about $25,000. Knuff & Co LLC purchased a new stake in shares of Marsh & McLennan Companies in the 1st quarter worth about $28,000. Activest Wealth Management boosted its position in shares of Marsh & McLennan Companies by 2,775.0% in the 1st quarter. Activest Wealth Management now owns 115 shares of the financial services provider's stock worth $28,000 after buying an additional 111 shares in the last quarter. Sierra Ocean LLC purchased a new stake in shares of Marsh & McLennan Companies in the 4th quarter worth about $36,000. Finally, Ameriflex Group Inc. purchased a new position in Marsh & McLennan Companies in the 4th quarter valued at about $37,000. 87.99% of the stock is owned by institutional investors and hedge funds.

About Representative Bresnahan

Rob Bresnahan Jr. (Republican Party) is a member of the U.S. House, representing Pennsylvania's 8th Congressional District. He assumed office on January 3, 2025. His current term ends on January 3, 2027. Bresnahan (Republican Party) is running for re-election to the U.S. House to represent Pennsylvania's 8th Congressional District. He declared candidacy for the 2026 election. Rob Bresnahan Jr. was born in Kingston, Pennsylvania. He earned a B.S. in business administration, management and operations from the University of Scranton in 2012. His career experience includes working as the chief financial officer and CEO of a family business, an electrical contracting company.

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.