This afternoon we watched Marsh & McLennan Companies drop -2.3% to a price of $171.69 per share. The large-cap Insurance Brokers company is now trading -5.56% below its average target price of $181.8. Analysts have set target prices ranging from $157 to $207 per share for Marsh & McLennan Companies, and have given the stock an average rating of hold.
The stock has a very low short interest at 0.7%, and a short ratio of 2.42. The company's insiders own 0.12% of its outstanding shares, which indicates only a marginal alignment between management and shareholder interests. Finally, we also note that a significant number of institutional investors are invested in the stock, with 90.6% of Marsh & McLennan Companies's shares being owned by this investor type.
Institutions Invested in Marsh & McLennan Companies
| Holder | Shares | Date Reported | Percentage | Value |
|---|---|---|---|---|
| Vanguard Group, Inc. (The) | 43,528,811 | 2022-09-29 | 9% | $7,473,461,666 |
| Blackrock Inc. | 41,313,574 | 2022-09-29 | 8% | $7,093,127,620 |
| State Street Corporation | 22,014,114 | 2022-09-29 | 4% | $3,779,603,286 |
| FMR, LLC | 20,534,669 | 2022-09-29 | 4% | $3,525,597,370 |
| Capital International Investors | 20,402,450 | 2022-09-29 | 4% | $3,502,896,690 |
| Capital World Investors | 17,207,519 | 2022-09-29 | 3% | $2,954,358,979 |
| Wellington Management Group, LLP | 15,166,389 | 2022-09-29 | 3% | $2,603,917,364 |
| Massachusetts Financial Services Co. | 13,157,284 | 2022-09-29 | 3% | $2,258,974,122 |
| Geode Capital Management, LLC | 10,241,064 | 2022-09-29 | 2% | $1,758,288,303 |
| Price (T.Rowe) Associates Inc | 8,452,280 | 2022-09-29 | 2% | $1,451,171,973 |
