Latest news with #MarshMcLennan
Yahoo
a day ago
- Business
- Yahoo
Jefferies Raises PT for Marsh & McLennan (MMC) but Keeps Hold Rating
Marsh & McLennan Companies, Inc. (NYSE:MMC) is one of the 10 Best Financial Stocks on Wall Street's Radar. On July 18, Jefferies increased its price target for Marsh & McLennan Companies, Inc. (NYSE:MMC) from $227 to $229 while keeping a 'Hold' rating. The investment firm noted that the company reported Q2 2025 results that met expectations, with results suggesting that the company is on track to achieve its current guidance. However, Marsh & McLennan Companies, Inc. (NYSE:MMC) did express caution due to macroeconomic uncertainty and softer market rates. A financial analyst looking at the news, analyzing the trends of the insurance market. Despite this, Jefferies pointed out that the company is still confident it can achieve mid-single-digit organic growth and improve its margins. The research firm also noted that Marsh & McLennan Companies, Inc.'s (NYSE:MMC) consulting business experienced some pressure from decreased project work. Jefferies analysts expect this pressure to persist somewhat in the short term. Even with some pricing challenges, the Risk and Insurance Services (RIS) segment largely performed in line with expectations. Jefferies projects that the results for this division will likely remain similar in the second half of the year. Marsh & McLennan Companies, Inc. (NYSE:MMC) is a global professional services firm that provides risk management, insurance brokerage, reinsurance services, talent management, investment advisory, and management consulting. The company serves customers in 130 countries around the world. While we acknowledge the potential of MMC as an investment, we believe certain AI stocks offer greater upside potential and carry less downside risk. If you're looking for an extremely undervalued AI stock that also stands to benefit significantly from Trump-era tariffs and the onshoring trend, see our free report on the best short-term AI stock. READ NEXT: 10 Best American Semiconductor Stocks to Buy Now and 11 Best Fintech Stocks to Buy Right Now. Disclosure: None. This article is originally published at Insider Monkey. Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Yahoo
5 days ago
- Business
- Yahoo
Marsh McLennan net income surges 7.6% to $1.2bn in Q2 2025
Marsh McLennan has reported attributable net income of $1.21bn for the second quarter of 2025 (Q2 2025), a 7.6% increase from $1.12bn a year ago. The company's diluted net income per share rose by 8% to $2.45, while operating income grew by 11.8% to $1.83bn. The insurer's consolidated revenue for the quarter stood at $6.97bn, a 12% increase from Q1 2024. John Doyle, president and CEO, said: "We had another solid quarter with 12% revenue growth reflecting continued momentum across our business and the contribution from acquisitions. 'Our performance demonstrates the enduring value we provide to clients, as well as our consistent execution in a complex and dynamic environment." Revenues in the Risk & Insurance Services segment reached $4.6bn, a 15% increase. Within this segment, Marsh, a unit of Marsh McLennan, contributed with revenue of $3.8bn, up 18% year-on-year. Guy Carpenter's revenue reached $677m, an increase of 7%. The company's performance was also strong on a regional basis, with underlying revenue in the US/Canada region growing by 4%. International operations saw a 7% increase in underlying revenue, including an 8% rise in Europe, the Middle East and Africa, a 4% increase in Asia-Pacific and a 3% uptick in Latin America. Marsh McLennan reported the repurchase of 1.4 million shares of stock at a cost of $300m during Q2 2025. For the six-month period ending 30 June 2025, the company's net income was $2.59bn, as against $2.52bn a year ago. Revenue increased to $14.03bn from $12.69bn in the first half of 2024 (H1 2024). In Q1 2025, Marsh McLennan reported net income of $1.38bn, down from $1.4bn in the same quarter of the previous year. "Marsh McLennan net income surges 7.6% to $1.2bn in Q2 2025 " was originally created and published by Life Insurance International, a GlobalData owned brand. The information on this site has been included in good faith for general informational purposes only. It is not intended to amount to advice on which you should rely, and we give no representation, warranty or guarantee, whether express or implied as to its accuracy or completeness. You must obtain professional or specialist advice before taking, or refraining from, any action on the basis of the content on our site.
Yahoo
6 days ago
- Business
- Yahoo
Marsh & McLennan Companies (MMC) Slid on Concerns Over Softening Insurance Cycle
L1 Capital, an investment management firm, released its 'L1 Capital International Fund' (unhedged) second quarter 2025 investor letter. A copy of the letter can be downloaded here. The fund returned 4.5% (net of fees) in the June quarter compared to the MSCI World Net Total Return Index's (in AUD) 6.0% return. The Fund returned 22.1% (net of fees) for the year ended June 30, 2025, compared to 18.5% for the benchmark. During the quarter, the Information Technology and Communication Services sectors outperformed others, driven by the Magnificent 7. Please check the fund's top five holdings to know its best picks in 2025. In its second quarter 2025 investor letter, L1 Capital International Fund highlighted stocks such as Marsh & McLennan Companies, Inc. (NYSE:MMC). Marsh & McLennan Companies, Inc. (NYSE:MMC) is a professional services company that provides advisory services and insurance solutions. The one-month return of Marsh & McLennan Companies, Inc. (NYSE:MMC) was -1.09%, and its shares lost 2.50% of their value over the last 52 weeks. On July 16, 2025, Marsh & McLennan Companies, Inc. (NYSE:MMC) stock closed at $211.98 per share, with a market capitalization of $104.448 billion. L1 Capital International Fund stated the following regarding Marsh & McLennan Companies, Inc. (NYSE:MMC) in its second quarter 2025 investor letter: "On the negative side, 3 companies, Eagle Materials, Marsh & McLennan Companies, Inc. (NYSE:MMC) and UnitedHealth Group (in alphabetical order) each detracted more than 0.5% from the Fund's returns for the quarter. A financial analyst looking at the news, analyzing the trends of the insurance market. Marsh & McLennan Companies, Inc. (NYSE:MMC) is not on our list of 30 Most Popular Stocks Among Hedge Funds. As per our database, 56 hedge fund portfolios held Marsh & McLennan Companies, Inc. (NYSE:MMC) at the end of the first quarter, compared to 69 in the fourth quarter. Marsh & McLennan Companies, Inc.'s (NYSE:MMC) first quarter revenue increased 9% to $7.1 billion. While we acknowledge the potential of MMC as an investment, we believe certain AI stocks offer greater upside potential and carry less downside risk. If you're looking for an extremely undervalued AI stock that also stands to benefit significantly from Trump-era tariffs and the onshoring trend, see our free report on the best short-term AI stock. In another article, we covered Marsh & McLennan Companies, Inc. (NYSE:MMC) and shared ClearBridge Large Cap Growth Strategy's views on the company. In addition, please check out our hedge fund investor letters Q2 2025 page for more investor letters from hedge funds and other leading investors. READ NEXT: The Best and Worst Dow Stocks for the Next 12 Months and 10 Unstoppable Stocks That Could Double Your Money. Disclosure: None. This article is originally published at Insider Monkey. Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Yahoo
6 days ago
- Business
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Marsh McLennan quarterly profit rises on strength in insurance business
(Reuters) -Insurance broker Marsh McLennan reported a rise in second-quarter profit on Thursday, helped by robust performance in its risk and insurance services business. WHY IT'S IMPORTANT Individuals and businesses have kept spending on insurance policies even in a tough macroeconomic environment, to safeguard against risks, even though premiums have gone up. Brokers' performance is closely related to the insurance industry's numbers, as their commissions are tied to the premiums insurers charge. CONTEXT Marsh McLennan kicks off the earnings season for insurance brokers, with peer Aon set to report its second-quarter earnings next week. New York-based Marsh McLennan caters to clients in over 100 countries across four businesses — Marsh, Guy Carpenter, Mercer and Oliver Wyman . Shares of the company had fallen marginally in 2025, as of last close. BY THE NUMBERS Revenue in Marsh McLennan's risk and insurance services business came in at $4.6 billion, up 15% from a year earlier. Its consulting arm reported a 7% revenue rise. Net income attributable to Marsh McLennan came in at $1.21 billion, or $2.45 per share, in the three months ended June 30, compared with $1.13 billion, or $2.27 per share, in the year-ago period. Total revenue grew 12% to $7 billion. Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Yahoo
6 days ago
- Business
- Yahoo
Marsh McLennan quarterly profit rises on strength in insurance business
(Reuters) -Insurance broker Marsh McLennan reported a rise in second-quarter profit on Thursday, helped by robust performance in its risk and insurance services business. WHY IT'S IMPORTANT Individuals and businesses have kept spending on insurance policies even in a tough macroeconomic environment, to safeguard against risks, even though premiums have gone up. Brokers' performance is closely related to the insurance industry's numbers, as their commissions are tied to the premiums insurers charge. CONTEXT Marsh McLennan kicks off the earnings season for insurance brokers, with peer Aon set to report its second-quarter earnings next week. New York-based Marsh McLennan caters to clients in over 100 countries across four businesses — Marsh, Guy Carpenter, Mercer and Oliver Wyman . Shares of the company had fallen marginally in 2025, as of last close. BY THE NUMBERS Revenue in Marsh McLennan's risk and insurance services business came in at $4.6 billion, up 15% from a year earlier. Its consulting arm reported a 7% revenue rise. Net income attributable to Marsh McLennan came in at $1.21 billion, or $2.45 per share, in the three months ended June 30, compared with $1.13 billion, or $2.27 per share, in the year-ago period. Total revenue grew 12% to $7 billion. Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
