Marsh & McLennan CIO Paul Beswick sells $550k in stock

Paul Beswick, the Senior Vice President and Chief Information Officer at Marsh & McLennan Companies, Inc. (NYSE:MMC), recently sold shares worth approximately $550,302. According to an SEC filing, Beswick sold 2,237 shares of the company's common stock at a price of $246.00 per share on April 3, 2025.

Additionally, Beswick exercised stock options to acquire 1,000 shares at a price of $118.865 per share. This transaction was executed under a pre-established Rule 10b5-1 trading plan. Following these transactions, Beswick now holds 13,522 shares in the company. The stock has demonstrated strong momentum with a 13.6% return over the past year, and investors should note that MMC's next earnings report is scheduled for April 17, 2025.

These moves by a key executive may capture the attention of investors monitoring insider trading activities at Marsh & McLennan.

In other recent news, Marsh McLennan Companies, Inc. reported several significant developments. The company announced a quarterly dividend of $0.815 per share, scheduled for payment on May 15, 2025, to shareholders of record as of April 3, 2025. This decision underscores the company's commitment to providing returns to its investors. Additionally, Marsh McLennan Agency, a subsidiary of Marsh, acquired Arthur Hall Insurance, aiming to enhance its business insurance capabilities and establish a new presence in Delaware.

Furthermore, Mercer (NASDAQ:MERC), another part of Marsh McLennan, revealed its agreement to acquire SECOR Asset Management, a global investment firm, with the transaction expected to complete in the second quarter of 2025. Analyst firm Raymond (NSE:RYMD) James maintained its Outperform rating for Marsh & McLennan, with a $250.00 price target, citing the company's strong organic growth prospects and margin expansion potential. The firm has adjusted its earnings estimates for 2025 and 2026, projecting an adjusted EPS of $9.45 and $10.20, respectively, following a revision in the company's definition of adjusted earnings per share.

These updates reflect Marsh McLennan's active strategic initiatives and financial health.

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