Inspire Investing LLC Purchases 5,622 Shares of Mercury General Corporation $MCY

Posted by George Bondi on Jul 1st, 2026

Inspire Investing LLC boosted its holdings in shares of Mercury General Corporation (NYSE:MCY – Free Report) by 30.5% during the first quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 24,074 shares of the insurance provider’s stock after buying an additional 5,622 shares during the period. Inspire Investing LLC’s holdings in Mercury General were worth $2,122,000 as of its most recent SEC filing.

A number of other hedge funds also recently made changes to their positions in the business. Royal Bank of Canada lifted its holdings in shares of Mercury General by 58.8% during the 1st quarter. Royal Bank of Canada now owns 54,312 shares of the insurance provider’s stock worth $3,036,000 after acquiring an additional 20,115 shares during the period. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. lifted its stake in Mercury General by 4.6% during the first quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 15,935 shares of the insurance provider’s stock worth $891,000 after purchasing an additional 702 shares during the period. Millennium Management LLC lifted its stake in Mercury General by 8.5% during the first quarter. Millennium Management LLC now owns 111,327 shares of the insurance provider’s stock worth $6,223,000 after purchasing an additional 8,742 shares during the period. Empowered Funds LLC boosted its holdings in Mercury General by 1.7% during the first quarter. Empowered Funds LLC now owns 10,923 shares of the insurance provider’s stock valued at $611,000 after purchasing an additional 185 shares in the last quarter. Finally, EverSource Wealth Advisors LLC boosted its holdings in Mercury General by 194.2% during the second quarter. EverSource Wealth Advisors LLC now owns 1,209 shares of the insurance provider’s stock valued at $81,000 after purchasing an additional 798 shares in the last quarter. Institutional investors and hedge funds own 42.39% of the company’s stock.

Mercury General Stock Performance

NYSE:MCY opened at $106.89 on Wednesday. The stock has a market capitalization of $5.92 billion, a P/E ratio of 7.05 and a beta of 0.91. The company has a current ratio of 0.44, a quick ratio of 0.44 and a debt-to-equity ratio of 0.22. Mercury General Corporation has a 1 year low of $64.21 and a 1 year high of $108.55. The firm has a 50 day moving average of $100.21 and a 200-day moving average of $93.96.

Mercury General (NYSE:MCY – Get Free Report) last released its quarterly earnings results on Tuesday, May 5th. The insurance provider reported $3.50 EPS for the quarter, topping analysts’ consensus estimates of $2.15 by $1.35. Mercury General had a return on equity of 32.94% and a net margin of 13.68%.The business had revenue of $1.54 billion for the quarter, compared to analyst estimates of $1.46 billion. As a group, sell-side analysts anticipate that Mercury General Corporation will post 11.38 EPS for the current fiscal year.

Mercury General Dividend Announcement

The firm also recently announced a quarterly dividend, which was paid on Thursday, June 25th. Stockholders of record on Thursday, June 11th were issued a dividend of $0.3175 per share. This represents a $1.27 annualized dividend and a dividend yield of 1.2%. The ex-dividend date was Thursday, June 11th. Mercury General’s dividend payout ratio is presently 8.37%.

Wall Street Analysts Forecast Growth

A number of equities analysts have recently issued reports on MCY shares. Wall Street Zen cut Mercury General from a “strong-buy” rating to a “buy” rating in a report on Saturday, June 13th. Weiss Ratings reaffirmed a “buy (b)” rating on shares of Mercury General in a research note on Thursday, June 4th. Finally, Zacks Research upgraded Mercury General from a “hold” rating to a “strong-buy” rating in a research report on Tuesday, May 26th. Two analysts have rated the stock with a Strong Buy rating and one has assigned a Buy rating to the company. According to data from MarketBeat.com, the company has an average rating of “Strong Buy” and a consensus price target of $100.00.

Get Our Latest Stock Report on MCY

About Mercury General

(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.