Keefe, Bruyette & Woods has upgraded Marsh & McLennan Companies Inc (MMC) to Market Perform from Underperform as of October 16, 2025. This move underscores a more optimistic outlook on the firm's prospects, suggesting improved fundamentals or enhanced confidence in the company's strategic direction.
Marsh & McLennan, headquartered in New York City, operates in the insurance industry and employs approximately 90,000 full-time staff. The firm provides professional services through two main segments: Risk and Insurance Services, and Consulting. The Risk and Insurance Services segment includes risk management activities and insurance broking, while the Consulting segment offers health, wealth, and career advice, among other services.
Currently, MMC's shares are priced at $181.92, with a market capitalisation of $87.6 billion. The company has a P/E ratio of 21.24 and an EPS of 8.34, indicating a solid earnings performance. The upcoming earnings report on July 14, 2026, is anticipated to show an EPS of $2.95 with revenues estimated at $7.4 billion.
This update provides insight into the shifting analyst sentiment surrounding Marsh & McLennan, which has seen various recent actions. Notably, JP Morgan upgraded its rating to Overweight from Neutral on October 9, 2025, while Evercore ISI Group maintained an Outperform rating on October 17, 2025.
Analyst ratings, while informative, should be considered alongside broader factors such as company fundamentals and industry trends, rather than as the sole basis for investment decisions.