Marsh reports third-quarter growth for Marsh & McLennan stock
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Marsh & McLennan (ISIN US5717481023) was trading at EUR 170.73 at Lang & Schwarz on October 21, 2026, at 11:48 a.m. CEST, 0.61 percent above the Xetra close of October 20, 2026 at EUR 169.70. The latest results showed 8.00 percent revenue growth and a 10.00 percent increase in adjusted earnings per share. According to Morningstar on October 15, 2026, Marsh reported third-quarter revenue of USD 6.9 billion, up 8.00 percent from the prior-year quarter. Underlying revenue growth was 5.00 percent, while adjusted operating income increased 6.00 percent to USD 1.5 billion. The earnings mix was uneven. Consulting revenue increased 9.00 percent to USD 2.7 billion, and Management Consulting revenue rose 14.00 percent. Reinsurance revenue declined 6.00 percent to USD 374.00 million, highlighting pressure in property reinsurance pricing. On October 15, 2026, Marsh reported USD 6.9 billion of third-quarter revenue and adjusted earnings per share of USD 2.03, according to Morningstar. On October 20, 2026, Mizuho raised its price target from USD 190.00 to USD 200.00, while on October 21, 2026, JPMorgan raised its target from USD 215.00 to USD 218.00, according to StockAnalysis. The target changes frame the stock against two different readings of the results. Growth in consulting and adjusted earnings supports the expansion case, but the 6.00 percent reinsurance revenue decline shows why...
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