Should You Consider Adding Marsh & McLennan Companies (MMC) to Your Portfolio?

Core Insights - ClearBridge Investments released its third-quarter 2025 investor letter for the ClearBridge Dividend Strategy, highlighting strong stock market performance and gains from AI exposure, despite lagging behind the S&P 500 Index benchmark [1] Group 1: Company Performance - The third-quarter performance of ClearBridge Dividend Strategy was strong, although it underperformed the S&P 500 Index [1] - Marsh & McLennan Companies, Inc. (NYSE:MMC) had a one-month return of 2.55% but lost 10.11% over the last 52 weeks, closing at $203.84 per share with a market capitalization of $100.213 billion on October 7, 2025 [2] - ClearBridge initiated new positions in Marsh & McLennan and Old Dominion Freight Line, citing Marsh & McLennan as a high-quality compounder that is currently undervalued due to temporary pricing softness in the industry [3] Group 2: Investment Sentiment - Marsh & McLennan is not among the 30 most popular stocks among hedge funds, with 60 hedge fund portfolios holding the stock at the end of Q2 2025, an increase from 56 in the previous quarter [3] - While acknowledging Marsh & McLennan's potential, ClearBridge believes certain AI stocks present greater upside potential and lower downside risk [3]