Ninety One UK 13F: Adds $284M to MRSH Stake

What Changed in Ninety One UK's Marsh & McLennan Position

Ninety One UK grew its investment in Marsh & McLennan Companies, Inc. (NYSE: MRSH) by picking up another 1,661,178 shares. That's a 41.8% increase for the fund, bringing its total stake to 5,632,700 shares valued at about $961.7 million. Because Form 13F filings are backward-looking reports submitted to the Securities and Exchange Commission, this disclosure shows holdings as of the close of the reporting quarter and might not reflect the fund's exact share count today.

Other Institutional Activity in Marsh & McLennan

Other large money managers made their own adjustments to the insurance broker during the period. Blackrock Inc. reduced its holdings by 2,561,681 shares, ending with 39,502,046 shares worth about $7,440,210,605. Vanguard Capital Management LLC added 6,293 shares, finishing with 31,472,575 shares valued at about $5,927,859,693. State Street Corporation grew its stake by 331,059 shares to hold 22,401,676 shares worth about $4,219,355,811. Capital World Investors increased its holdings by 152,742 shares, wrapping up the period with 18,122,340 shares valued at about $3,413,342,849. Wellington Management Group, LLP trimmed its position by 396,066 shares, leaving it with 16,975,238 shares worth about $3,197,286,180.

Marsh & McLennan Companies, Inc. Stock Up 1.0%

Marsh & McLennan shares recently traded around $188.36 as of October 16, 2026. The stock sits about 5.1% below its 52-week high of $198.49 and roughly 20.3% above its 52-week low of $156.60. It also holds positions above its 50-day moving average of $181.38 and its 200-day moving average of $176.70.

Recent Earnings

Marsh & McLennan reported trailing twelve-month revenue of $28,459.0 million alongside basic earnings of $8.18 per share. The professional services firm generated a net margin of 14.2% and a return on equity of 27.2%. The company's next earnings report is scheduled for January 28, 2027.

Dividend

The company pays an annual dividend rate of $3.96 per share, giving it a dividend yield of 2.12%. Its dividend payout ratio stands at 44.1%.

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

Company insiders executed several sales prior to the filing. Chief Technology Officer Paul Beswick sold 713 shares on July 29, 2026, at an average price of $198.00 for a total value of $141,174. Officer John Jude Jones sold 6,500 shares on August 6, 2026, at $191.96 per share, totaling $1,247,723. General Counsel Katherine J. Brennan sold 1,197 shares on September 2, 2026, at $187.90 for a total of $224,915. Chief Executive Officer John Q Doyle sold 16,656 shares on the same day at $188.51 per share, realizing $3,139,823.

Analysts Set New Price Targets

Wall Street firms updated their views on the stock ahead of the filing. On October 1, 2026, JP Morgan maintained an overweight rating with a target of $215.00. Morgan Stanley maintained an equal-weight rating on October 6, 2026, lowering its target from $200.00 to $180.00. UBS maintained a buy rating on October 6, 2026, lifting its target to $222.00 from $216.00. Mizuho maintained a neutral rating on October 7, 2026, lowering its target from $201.00 to $190.00. Wells Fargo maintained an equal-weight rating on October 12, 2026, trimming its target to $183.00 from $188.00. Across 21 analyst opinions, the stock carries a consensus hold rating and an average price target of $202.52.

About Marsh & McLennan Companies, Inc.

Marsh & McLennan operates as a professional services firm offering advice, risk management, and insurance solutions worldwide. The enterprise runs through risk and insurance services alongside consulting segments, helping business clients navigate complex risk strategies and analytical modeling.

Bottom Line

Ninety One UK's expanded stake shows growing institutional interest in the insurance broker. Investors will likely look toward the upcoming January earnings report and future SEC disclosures to see how these large positions evolve.