Marsh McLennan is the world's leading professional services firm in the areas of risk, strategy and people. The Company's 76,000 colleagues advise clients in 130 countries. With annual revenue over $17 billion, Marsh McLennan helps clients navigate an increasingly dynamic and complex environment through four market-leading businesses. Marsh provides data driven risk advisory services and insurance solutions to commercial and consumer clients. Guy Carpenter develops advanced risk, reinsurance and capital strategies that help clients grow profitably and pursue emerging opportunities. Mercer delivers advice and technology-driven solutions that help organizations redefine the world of work, reshape retirement and investment outcomes, and unlock health and wellbeing for a changing workforce. Oliver Wyman serves as a critical strategic, economic and brand advisor to private sector and governmental clients.

Company profile
Ticker
MMC
Exchange
Website
CEO
Daniel Glaser
Employees
Incorporated
Location
Fiscal year end
Industry (SIC)
Equitable • Aon • Willis Towers Watson Public Limited • Erie Indemnity • Enact • Ryan Specialty • Brown & Brown • GoHealth • Crawford & Co. • Waterdrop ...
Former names
MARSH & MCLENNAN COMPANIES INC
SEC CIK
Corporate docs
Subsidiaries
8WORKS INC. • 8WORKS LTD • A.C.N. 000 951 146 Pty Limited • A.C.N. 001 572 961 Pty Limited • A.C.N. 076 935 683 Pty Limited • A.C.N. 102 322 574 Pty Limited • Access Equity Enhanced Fund GP, LLC • ACN 005 279 890 Pty Ltd • ACN 134 828 738 Pty Ltd • AFCO Premium Acceptance, Inc. ...
IRS number
362668272
MMC stock data
News

$100 Invested In This Stock 15 Years Ago Would Be Worth $600 Today
2 Aug 22
Tuesday Is Your Last Chance To Buy Marsh & McLennan Before The Dividend Payout
22 Jul 22
Marsh & McLennan's Return On Capital Employed Overview
22 Jul 22
Raymond James Maintains Outperform on Marsh & McLennan, Lowers Price Target to $180
22 Jul 22
Insurance Stocks Moving In Thursday's Intraday Session
21 Jul 22
Press releases
Not-for-Profits Look to Private Markets as They Seek Better Investment Returns, According to New Mercer Survey
8 Aug 22
OLIVER WYMAN OPENS NEW OFFICE IN BERMUDA AND APPOINTS FAISAL HADDAD AS HEAD OF BERMUDA ACTUARIAL TEAM
1 Aug 22
Diversification Is Key Consideration for Institutional Investors Seeking to Manage Current Inflation and Recession Risks
18 Jul 22
Marsh McLennan Increases Quarterly Cash Dividend
13 Jul 22
Marsh McLennan Agency Acquires CS Insurance Strategies
5 Jul 22
Analyst ratings and price targets
Current price
Average target
$172.00
Low target
$145.00
High target
$182.00
Raymond James
Maintains
$180.00
Jefferies
Maintains
$181.00
Goldman Sachs
Initiated
$182.00
Morgan Stanley
Downgraded
$145.00
Calendar
21 Jul 22
9 Aug 22
31 Dec 22
Financial summary
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Recent insider trades
Date | Owner | Security | Transaction | Code | Indirect | 10b5-1 | $Price | #Shares | $Value | #Remaining |
---|---|---|---|---|---|---|---|---|---|---|
1 Jun 22 | Hopkins Deborah C | Restricted Stk. Units-Dir. Stk. Plan Common Stock | Grant | Acquire A | No | No | 159.685 | 1,189.84 | 190K | 15,872.39 |
1 Jun 22 | Yates Lloyd M | Restricted Stk. Units-Dir. Stk. Plan Common Stock | Grant | Acquire A | No | No | 159.685 | 1,189.84 | 190K | 4,291.12 |
1 Jun 22 | Ingram Tamara | Restricted Stk. Units-Dir. Stk. Plan Common Stock | Grant | Acquire A | No | No | 159.685 | 1,189.84 | 190K | 4,291.12 |
1 Jun 22 | R David Yost | Restricted Stk. Units-Dir. Stk. Plan Common Stock | Grant | Acquire A | No | No | 159.685 | 1,189.84 | 190K | 37,850.28 |
1 Jun 22 | Schapiro Morton O | Restricted Stk. Units-Dir. Stk. Plan Common Stock | Grant | Acquire A | No | No | 159.685 | 1,189.84 | 190K | 77,511.15 |
Institutional ownership, Q1 2022
87.0% owned by funds/institutions
13F holders | Current |
---|---|
Total holders | 1116 |
Opened positions | 94 |
Closed positions | 120 |
Increased positions | 428 |
Reduced positions | 376 |
13F shares | Current |
---|---|
Total value | 74.3B |
Total shares | 436.56M |
Total puts | 510.9K |
Total calls | 523K |
Total put/call ratio | 1.0 |
Largest owners | Shares | Value |
---|---|---|
Vanguard | 42.75M | $7.29B |
BLK Blackrock | 42.02M | $7.16B |
STT State Street | 23.9M | $4.07B |
Capital International Investors | 20.62M | $3.51B |
TROW T. Rowe Price | 18.37M | $3.13B |
FMR | 17.44M | $2.97B |
Capital World Investors | 17.2M | $2.93B |
Wellington Management | 16.42M | $2.8B |
Massachusetts Financial Services | 13.6M | $2.32B |
Geode Capital Management | 8.87M | $1.51B |
Financial report summary
?Risks
- Item 1A. Risk Factors.
- RISKS RELATING TO THE COMPANY GENERALLY
- We could incur significant liability or our reputation could be damaged if our information systems are breached or we otherwise fail to protect client or Company data or information systems.
- The costs to comply with, or our failure to comply with, U.S. and foreign laws related to privacy, data security and data protection, such as the E.U. General Data Protection Regulation (GDPR) and the California Consumer Privacy Act (CCPA), could adversely affect our financial condition, operating results and our reputation.
- Our business performance and growth plans could be negatively affected if we are not able to develop and implement improvements in technology or respond effectively to the threat of digital disruption and other technological change.
- We are subject to significant uninsured exposures arising from errors and omissions, breach of fiduciary duty and other claims.
- We cannot guarantee that we are or will be in compliance with all current and potentially applicable U.S. federal and state or foreign laws and regulations, and actions by regulatory authorities or changes in legislation and regulation in the jurisdictions in which we operate could have a material adverse effect on our business.
- Our business or reputation could be harmed by our reliance on third-party providers or introducers.
- The loss of members of our senior management team or other key colleagues, or our efforts to attract and retain talent, could have a material adverse effect on our business.
- Failure to maintain our corporate culture, particularly in a hybrid work environment, could damage our reputation.
- We face significant competitive pressures in each of our businesses, including from disintermediation, as our competitive landscape continues to evolve.
- We rely on a large number of vendors and other third parties to perform key functions of our business operations and to provide services to our clients. These vendors and third parties may act in ways that could harm our business.
- The COVID-19 pandemic has impacted how we work, and the extent to which it will continue to do so and its impact on our future financial results are uncertain.
- Our results of operations and investments could be adversely affected by macroeconomic conditions, political events and market conditions.
- Our inability to successfully recover should we experience a disaster or other business continuity or data recovery problem could cause material financial loss, loss of human capital, regulatory actions, reputational harm or legal liability.
- We face risks when we acquire businesses.
- If we are unable to collect our receivables, our results of operations and cash flows could be adversely affected.
- We may not be able to obtain sufficient financing on favorable terms.
- Our defined benefit pension plan obligations could cause the Company's financial position, earnings and cash flows to fluctuate.
- Our significant non-U.S. operations expose us to exchange rate fluctuations and various risks that could impact our business.
- Our quarterly revenues and profitability may fluctuate significantly.
- Credit rating downgrades would increase our financing costs and could subject us to operational risk.
- The current U.S. tax regime makes our results more difficult to predict.
- We are exposed to multiple risks associated with the global nature of our operations.
- RISKS RELATING TO OUR RISK AND INSURANCE SERVICES SEGMENT
- Volatility or declines in premiums and other market trends may significantly impede our ability to grow revenues and profitability.
- Adverse legal developments and future regulations concerning how intermediaries are compensated by insurers or clients, as well as allegations of anti-competitive behavior or conflicts of interest more broadly, could have a material adverse effect on our business, results of operations and financial condition.
- RISKS RELATING TO OUR CONSULTING SEGMENT
- Mercer’s Investments business is subject to a number of risks, including risks related to market fluctuations, third-party asset managers, operational and technology risks, conflicts of interest, asset performance and regulatory compliance, that, if realized, could result in significant damage to our business.
- Revenues for the services provided by our Consulting segment may decline for various reasons, including as a result of changes in economic conditions, the value of equity, debt and other asset classes, our clients’ or an industry's financial condition or government regulation or an accelerated trend away from actively managed investments to passively managed investments.
- Factors affecting defined benefit pension plans and the services we provide relating to those plans could adversely affect Mercer.
- The profitability of our Consulting segment may decline if we are unable to achieve or maintain adequate utilization and pricing rates for our consultants.
Content analysis
?Positive | ||
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H.S. freshman Avg
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New words:
agriculture, audit, Clark, counter, dividend, enrolled, geopolitical, inflation, labor, macro, main, Maine, medical, modestly, region, Regional, Rhode, statute, street, talent, tight, uncommitted, Unremitted, worldwide, writing
Removed:
amended, cooperating, expiration, finalize, multicurrency, provisional, reduction, restated, technique, terminated
Financial reports
Current reports
8-K
MARSH McLENNAN REPORTS SECOND QUARTER 2022 RESULTS
21 Jul 22
8-K
Submission of Matters to a Vote of Security Holders
24 May 22
8-K
MARSH McLENNAN REPORTS FIRST QUARTER 2022 RESULTS
21 Apr 22
8-K/A
Departure of Directors or Certain Officers
29 Mar 22
8-K
1166 Avenue of the Americas
14 Feb 22
8-K
MARSH McLENNAN REPORTS FOURTH QUARTER AND FULL-YEAR 2021 RESULTS
27 Jan 22
8-K
Entry into a Material Definitive Agreement
9 Dec 21
8-K
1166 Avenue of the Americas
7 Dec 21
8-K
1166 Avenue of the Americas
22 Nov 21
8-K
MARSH McLENNAN REPORTS THIRD QUARTER 2021 RESULTS
21 Oct 21
Registration and prospectus
424B2
Prospectus for primary offering
3 Dec 21
FWP
Free writing prospectus
1 Dec 21
424B2
Prospectus for primary offering
1 Dec 21
S-3ASR
Automatic shelf registration
27 Jul 21
S-8 POS
Registration of securities for employees (post-effective amendment)
31 Jul 20
S-8 POS
Registration of securities for employees (post-effective amendment)
31 Jul 20
S-8
Registration of securities for employees
31 Jul 20
424B2
Prospectus for primary offering
5 May 20
FWP
Free writing prospectus
4 May 20
424B2
Prospectus for primary offering
4 May 20
Proxies
DEFA14A
Additional proxy soliciting materials
1 Apr 22
DEFA14A
Additional proxy soliciting materials
31 Mar 21
DEFA14A
Additional proxy soliciting materials
24 Apr 20
DEFA14A
Additional proxy soliciting materials
3 Apr 20
DEFA14A
Additional proxy soliciting materials
29 Mar 19
DEF 14A
Definitive proxy
29 Mar 18
Other
CERT
Certification of approval for exchange listing
25 Mar 19
NO ACT
No action letter
12 Jan 17
UPLOAD
Letter from SEC
29 Aug 16
CORRESP
Correspondence with SEC
18 Aug 16
CORRESP
Correspondence with SEC
15 Aug 16
CORRESP
Correspondence with SEC
26 Jul 16
UPLOAD
Letter from SEC
19 Jul 16
UPLOAD
Letter from SEC
4 Nov 13
CORRESP
Correspondence with SEC
30 Oct 13
CORRESP
Correspondence with SEC
15 Oct 13
Ownership
11-K
Annual report of employee stock purchases
17 Jun 22
11-K
Annual report of employee stock purchases
17 Jun 22
4
MARSH & MCLENNAN COMPANIES / OSCAR FANJUL ownership change
2 Jun 22
4
MARSH & MCLENNAN COMPANIES / BRUCE P NOLOP ownership change
2 Jun 22
4
MARSH & MCLENNAN COMPANIES / Hafize Gaye Erkan ownership change
2 Jun 22
4
MARSH & MCLENNAN COMPANIES / H EDWARD HANWAY ownership change
2 Jun 22
4
MARSH & MCLENNAN COMPANIES / STEVEN A MILLS ownership change
2 Jun 22
4
MARSH & MCLENNAN COMPANIES / Jane H Lute ownership change
2 Jun 22
4
MARSH & MCLENNAN COMPANIES / Anthony Anderson ownership change
2 Jun 22
4
MARSH & MCLENNAN COMPANIES / MORTON O SCHAPIRO ownership change
2 Jun 22
Transcripts
2022 Q2
Earnings call transcript
21 Jul 22
2022 Q1
Earnings call transcript
21 Apr 22
2021 Q4
Earnings call transcript
27 Jan 22
2021 Q3
Earnings call transcript
21 Oct 21
2021 Q2
Earnings call transcript
22 Jul 21
2021 Q1
Earnings call transcript
27 Apr 21
2020 Q4
Earnings call transcript
28 Jan 21
2020 Q3
Earnings call transcript
30 Oct 20
2020 Q2
Earnings call transcript
30 Jul 20
2020 Q1
Earnings call transcript
30 Apr 20
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