Marsh & McLennan Companies have shown robust financial performance with strong fourth-quarter and full-year 2024 results, booking 8% revenue growth to reach $24.5 billion. The company has been active in acquisitions, exemplified by its major ones such as the McGriff Insurance Services, Acumen Solutions Group, and The Horton Group. Portfolio changes have seen shares of MMC being bought and sold by a variety of entities, from individual asset managers to large investment corporations. Raymond James continues to show favorable rating, maintaining its 'Outperform' for MMC despite share price target adjustments. MMC demonstrates its strength in adding value through dividends, declaring a quarterly cash dividend of $0.815, increasing 6% in Q3 revenue. MMC's strategic move to strengthen its insurance brokerage business led them to strike a $7.75 billion deal for McGriff Insurance Services. MMC continues to be favored by various industry leaders like Kevin O’Leary who includes MMC amongst his stock picks for 2025.
Marsh Mclennan Companies MMC News Analytics from Fri, 31 May 2024 07:00:00 GMT to Sat, 15 Feb 2025 13:12:52 GMT - Rating 7 - Innovation 4 - Information 8 - Rumor -2
