The average one-year price target for Mercury General (NYSE: MCY) has been updated to $112.20 per share, marking a 10% increase from the previous estimate of $102.00 on February 21, 2026. This target reflects a potential rise of 30.59% from the latest closing price of $85.92 per share, with analyst estimates ranging from $111.10 to $115.50.
A total of 325 funds hold positions in Mercury General, representing a significant decrease of 246 investors (43.08%) in the last quarter. The average portfolio weight of these funds allocated to MCY has increased by 31.27% to 0.19%, while total institutional shares owned have declined by 16.11% to 25.68 million shares. The current put/call ratio stands at 0.05, indicating a bullish sentiment among investors.
Rubric Capital Management maintains 3.71% ownership with 2.05 million shares, unchanged from the previous quarter. In contrast, Renaissance Technologies’ stake has decreased by 18.36% to 881,000 shares, while American Century Companies has increased its holdings by 17.27% to 699,000 shares.
