Mercury General Corporation $MCY Shares Sold by Charles Schwab Investment Management Inc.

Posted by Stanley Muller on May 17th, 2026

Charles Schwab Investment Management Inc. cut its stake in shares of Mercury General Corporation (NYSE:MCY – Free Report) by 3.2% in the fourth quarter, Holdings Channel.com reports. The fund owned 363,684 shares of the insurance provider’s stock after selling 12,179 shares during the period. Charles Schwab Investment Management Inc.’s holdings in Mercury General were worth $34,208,000 at the end of the most recent quarter.

Other institutional investors have also made changes to their positions in the company. Financial Management Professionals Inc. acquired a new stake in shares of Mercury General during the fourth quarter valued at about $25,000. Aster Capital Management DIFC Ltd purchased a new position in shares of Mercury General in the third quarter valued at approximately $34,000. Hilton Head Capital Partners LLC purchased a new position in shares of Mercury General in the fourth quarter valued at approximately $38,000. Jones Financial Companies Lllp boosted its stake in shares of Mercury General by 236.0% in the third quarter. Jones Financial Companies Lllp now owns 457 shares of the insurance provider’s stock valued at $38,000 after purchasing an additional 321 shares during the period. Finally, Caitlin John LLC purchased a new position in shares of Mercury General in the third quarter valued at approximately $41,000. 42.39% of the stock is currently owned by institutional investors and hedge funds.

Mercury General Trading Down 0.5%

NYSE MCY opened at $98.09 on Friday. The firm has a 50 day simple moving average of $92.67 and a 200-day simple moving average of $90.58. The company has a debt-to-equity ratio of 0.22, a quick ratio of 0.44 and a current ratio of 0.44. Mercury General Corporation has a one year low of $59.01 and a one year high of $102.37. The firm has a market cap of $5.43 billion, a price-to-earnings ratio of 6.47 and a beta of 0.92.

Mercury General (NYSE:MCY – Get Free Report) last issued its quarterly earnings results on Tuesday, May 5th. The insurance provider reported $3.50 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $2.15 by $1.35. Mercury General had a net margin of 13.68% and a return on equity of 32.94%. The company had revenue of $1.54 billion during the quarter, compared to the consensus estimate of $1.46 billion. Equities research analysts anticipate that Mercury General Corporation will post 9 EPS for the current fiscal year.

Mercury General Announces Dividend

The company also recently declared a quarterly dividend, which will be paid on Thursday, June 25th. Investors of record on Thursday, June 11th will be paid a $0.3175 dividend. The ex-dividend date is Thursday, June 11th. This represents a $1.27 dividend on an annualized basis and a yield of 1.3%. Mercury General’s payout ratio is currently 8.37%.

Wall Street Analyst Weigh In

MCY has been the subject of several recent research reports. Weiss Ratings reissued a “buy (b-)” rating on shares of Mercury General in a research note on Thursday, January 22nd. Wall Street Zen raised shares of Mercury General from a “buy” rating to a “strong-buy” rating in a research note on Saturday, February 21st. Finally, Zacks Research lowered shares of Mercury General from a “strong-buy” rating to a “hold” rating in a research note on Monday, April 27th. One research analyst has rated the stock with a Strong Buy rating, one has given a Buy rating and one has assigned a Hold rating to the company. According to data from MarketBeat, the stock currently has a consensus rating of “Buy” and an average price target of $100.00.

Get Our Latest Research Report on MCY

Mercury General Company Profile

(Free Report)

Mercury General Corporation is a holding company headquartered in Los Angeles, California, that underwrites and markets property and casualty insurance products through its principal subsidiary, Mercury Insurance Company. Established in 1961, the company has built a reputation for offering a broad range of personal and commercial lines, with a focus on automobile coverage. Mercury General operates in key U.S. markets, deploying a mix of independent agents and direct distribution channels to serve policyholders.

The company’s product portfolio includes personal automobile insurance, homeowners and renters policies, as well as commercial automobile, business liability and umbrella insurance.