Quilter 13F: Cuts MRSH Stake by $2.9M

Quilter trimmed its position in Marsh & McLennan Companies, Inc. MRSH by 6.8% during the third quarter, according to a Form 13F filing with the Securities and Exchange Commission on October 21, 2026. The firm sold 17,215 shares of the insurance broker during the period, ending with 236,492 shares valued at approximately $40,376,279. Marsh & McLennan closed at $190.56 on the day of the filing.

MRSH Marsh & McLennan Companies, Inc.

$190.41 ▲ +6.64% year to date

1M 3M YTD

Daily close · Oct 21, 2026

What Changed in Quilter's Marsh & McLennan Position

The reduction brought Quilter's total holdings down from 253,707 shares to 236,492 shares. The 6.79% decrease lowered the value of the firm's investment in the professional services company, though it remains a notable holding for the institution.

Other Institutional Activity in Marsh & McLennan

Other large investors have adjusted their positions in the insurance firm as well. Capital International Investors grew its holdings by 15,714 shares, ending with 15,729,457 shares worth about $2,997,405,287.

Marsh & McLennan Companies, Inc. Stock Up 1.2%

Marsh & McLennan shares recently traded around $190.82 as of October 22, 2026, putting the stock near its 52-week high of $198.49 and well above its 52-week low of $156.60. The stock is trading roughly 5.3% above its 50-day moving average of $181.22 and about 8.0% above its 200-day moving average of $176.72. The company carries a market capitalization of roughly $90.8 billion and a price-to-earnings ratio of 22.76.

Recent Earnings

For the trailing twelve months, Marsh & McLennan reported $28,459,000,000 in revenue and earnings of $8.36 per share. The company posted a net profit margin of 14.2% and a return on equity of 27.2%. Revenue grew 8.1% compared to the same period a year earlier. The firm's next quarterly earnings report is scheduled for release on January 28, 2027.

Dividend

Marsh & McLennan pays an annual dividend of $3.96 per share, which translates to a dividend yield of 2.1%. The company distributes 44.1% of its earnings to shareholders as dividends.

Insider Buying and Selling at Marsh & McLennan Companies, Inc.

Company insiders have made several stock sales in recent months. On July 29, 2026, Chief Technology Officer Paul Beswick sold 713 shares at $198.00 for a total value of $141,174. On August 6, 2026, Officer John Jude Jones sold 6,500 shares at $191.96, totaling $1,247,723. Chief Executive Officer John Q Doyle sold 16,656 shares on September 2, 2026, at $188.51 for a value of $3,139,823. On the same day, General Counsel Katherine J. Brennan sold 1,197 shares at $187.90, worth $224,915.

Analysts Set New Price Targets

Wall Street firms have updated their outlooks on the stock ahead of upcoming reports. On October 16, 2026, Citigroup maintained its neutral rating while raising its price target from $200.00 to $203.00. Wells Fargo maintained an equal-weight rating on October 16, 2026, lifting its target from $183.00 to $197.00. Mizuho maintained a neutral rating on October 19, 2026, adjusting its target from $190.00 to $200.00. Keefe, Bruyette & Woods maintained a market perform rating on October 19, 2026, raising its target from $186.00 to $201.00. Finally, JP Morgan maintained an overweight rating on October 20, 2026, nudging its target from $215.00 to $218.00. Analysts currently give the stock a consensus hold rating with a mean price target of $205.38.

About Marsh & McLennan Companies, Inc.

Marsh & McLennan Companies, Inc. provides risk management, insurance brokerage, and consulting services to corporate clients worldwide. Operating through major divisions focused on risk and strategy, the company helps businesses navigate complex insurance markets and operational challenges. Institutional adjustments like Quilter's recent trim reflect ongoing portfolio management as the stock trades near the upper end of its yearly range.

Bottom Line

Quilter's decision to trim its position reflects minor adjustments by institutional holders as the stock trades close to analyst price targets. Investors will look toward the company's next earnings report on January 28, 2027, for further details on financial performance.