MMC Shares Drop 1.15% as Institutional Investors Reshape Holdings Volume Ranks 353rd

Marsh & McLennan Companies (MMC) closed 1.15% lower on Sept. 5, with trading volume dropping 43.97% to $310 million, ranking 353rd in market activity. Institutional investors reshaped their stakes in the financial services giant, with Banque Transatlantique acquiring 98,133 shares ($22.13 million) and Vanguard Group increasing holdings by 1.3% to 45.32 million shares. Wellington Management Group and Goldman Sachs also boosted positions by 54.2% and 8.5%, respectively, while Adage Capital Partners reduced its stake by 3.1%.

The company reported Q2 earnings of $2.72 per share, surpassing estimates by $0.06, and posted a 12.1% year-over-year revenue increase to $6.97 billion. Marsh also raised its quarterly dividend to $0.90 per share, reflecting a 12% jump from the prior payout. Analysts remain cautiously optimistic, with a consensus “Hold” rating and a $238.76 price target, despite mixed institutional sentiment and a beta of 0.81 indicating lower volatility than the market.

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