Marsh & McLennan Cos., Inc (NYSE: MMC) is 0.45% higher on its value in year-to-date trading and has touched a low of $188.31 and a high of $235.50 in the current 52-week trading range. The question becomes, what are the chances the stock will continue to grow shareholders’ wealth in the market. Here’s what analysts think will happen to its price in the coming time. The MMC stock was last observed hovering at around $211.50 in the last trading session, with the day’s gains setting it 1.87%.
Currently trading at $213.37, the stock is 0.69% and -2.72% below its SMA20 and SMA50 respectively. However, with a daily trading volume of 2.41 million and changing 0.88% at the moment leaves the stock -1.31% off its SMA200. MMC registered 10.63% gain for a year compared to 6-month loss of -2.33%. The firm has a 50-day simple moving average (SMA 50) of $219.4958 and a 200-day simple moving average (SMA200) of $216.15665.
The stock witnessed a -0.46% gain in the last 1 month and extending the period to 3 months gives it a -5.19%, and is 2.35% up over the last 5 days. If we measure the stock’s price variations over the week and the month, we find that the volatility rates stand at 1.72% over the week and 1.50% over the month.
Marsh & McLennan Cos., Inc (MMC) has around 85000 employees, a market worth around $104.79B and $23.95B in sales. Current P/E ratio is 26.31 and Fwd P/E is 22.18. Profit margin for the company is 16.82%. Distance from 52-week low is 13.31% and -9.40% from its 52-week high. The company has generated returns on investments over the last 12 months (14.58%).
with sales reaching $5.93B over the same period.The EPS is expected to grow by 8.85% this year, but quarterly earnings will post 6.90% year-over-year. Quarterly sales are estimated to grow 6.79% in year-over-year returns.
Marsh & McLennan Cos., Inc (MMC) Top Institutional Holders
2060.0 institutions hold shares in Marsh & McLennan Cos., Inc (MMC), with institutional investors hold 90.77% of the company’s shares. The shares outstanding are 491.03M, and float is at 490.70M with Short Float at 0.78%. Institutions hold 90.68% of the Float.
The top institutional shareholder in the company is VANGUARD GROUP INC with over 44.04 million shares valued at $9.28 billion. The investor’s holdings represent 8.9509% of the MMC Shares outstanding. As of 2024-06-30, the second largest holder is BLACKROCK INC. with 42.34 million shares valued at $8.92 billion to account for 8.6051 of the shares outstanding. The other top investors are FMR LLC which holds 20.93 million shares representing 4.2534% and valued at over $4.41 billion, while STATE STREET CORP holds 4.2486 of the shares totaling 20.9 million with a market value of $4.4 billion.
Marsh & McLennan Cos., Inc (MMC) Insider Activity
The most recent transaction is an insider sale by FANJUL OSCAR, the company’s Director. SEC filings show that FANJUL OSCAR sold 2,500 shares of the company’s common stock on Oct 30 ’24 at a price of $221.55 per share for a total of $0.55 million. Following the sale, the insider now owns 48549.0 shares.
Marsh & McLennan Cos., Inc disclosed in a document filed with the SEC on Oct 31 ’24 that FANJUL OSCAR (Director) sold a total of 2,500 shares of the company’s common stock. The trade occurred on Oct 31 ’24 and was made at $220.54 per share for $0.55 million. Following the transaction, the insider now directly holds 46049.0 shares of the MMC stock.
Still, SEC filings show that on Sep 05 ’24, Beswick Paul (SVP, Chief Information Officer) disposed off 2,169 shares at an average price of $232.00 for $0.5 million. The insider now directly holds 10,692 shares of Marsh & McLennan Cos., Inc (MMC).
