There have been notable events involving the Marsh & McLennan (MMC), from stock acquisition and reduction to price target adjustments and acquisition activities. Despite its share buying spree, Phoenix Financial Ltd. has contrarily reduced its stocks of MMC. Various organizations like Longbow Finance SA and Skandinaviska Enskilda Banken AB publ have also been buying into the firm's shares.
The acquisition of McGriff Insurance Services by MMC and its recent procurement of Excel Insurance reflect significant expansion in its portfolio. However, several financial outfits have adjusted their price targets for MMC. For instance, UBS Group lowered its price target to $258.00, and Wells Fargo & Company reduced theirs to $226.00. Despite such adjustments, MMC seems to have weathered the storm, with several reports indicating strength in their Q2 2025 earnings. Their dividend also got a 10% increase to 90 cents per share.
The firm also ventured into a partnership with Google Cloud for GenAI deployment, further signaling a bold step into the future of technology applications within the industry. Overall, MMC continues to display resilience amid a challenging macro environment.
Marsh Mclennan Companies MMC News Analytics from Mon, 30 Sep 2024 07:00:00 GMT to Sat, 26 Jul 2025 13:23:18 GMT - Rating 6.5 - Innovation 2.5 - Information 8.5 - Rumor -4
