Representative Gilbert Ray Cisneros, Jr. (D-California) recently sold shares of Merck & Co., Inc. (NYSE:MRK). In a filing disclosed on April 07th, the Representative disclosed that they had sold between $15,001 and $50,000 in Merck & Co., Inc. stock on March 31st. The trade occurred in the Representative’s “150 MAIN STREET TRUST > BANK OF AMERICA” account.
Representative Gilbert Ray Cisneros, Jr. also recently made the following trade(s):
- Purchased $15,001 – $50,000 in shares of PTC (NASDAQ:PTC) on 4/1/2025.
- Sold $1,001 – $15,000 in shares of W. R. Berkley (NYSE:WRB) on 4/1/2025.
- Sold $15,001 – $50,000 in shares of GoDaddy (NYSE:GDDY) on 4/1/2025.
- Purchased $1,001 – $15,000 in shares of Ford Motor (NYSE:F) on 3/31/2025.
- Sold $15,001 – $50,000 in shares of Microsoft (NASDAQ:MSFT) on 3/31/2025.
- Sold $15,001 – $50,000 in shares of Pfizer (NYSE:PFE) on 3/31/2025.
- Purchased $1,001 – $15,000 in shares of Boeing (NYSE:BA) on 3/31/2025.
- Sold $1,001 – $15,000 in shares of Hologic (NASDAQ:HOLX) on 3/31/2025.
- Sold $1,001 – $15,000 in shares of Tesla (NASDAQ:TSLA) on 3/31/2025.
- Sold $1,001 – $15,000 in shares of Viatris (NASDAQ:VTRS) on 3/31/2025.
Merck & Co., Inc. Stock Down 3.0 %
MRK opened at $78.77 on Wednesday. The company has a debt-to-equity ratio of 0.79, a quick ratio of 1.15 and a current ratio of 1.36. The company has a market capitalization of $198.99 billion, a PE ratio of 11.70, a P/E/G ratio of 0.77 and a beta of 0.40. The stock’s fifty day moving average is $89.80 and its 200-day moving average is $98.25. Merck & Co., Inc. has a one year low of $77.54 and a one year high of $134.63.
Merck & Co., Inc. declared that its Board of Directors has initiated a stock repurchase plan on Tuesday, January 28th that permits the company to buyback $10.00 billion in outstanding shares. This buyback authorization permits the company to purchase up to 4.1% of its stock through open market purchases. Stock buyback plans are often an indication that the company’s board believes its shares are undervalued.
Merck & Co., Inc. Dividend Announcement
The company also recently announced a quarterly dividend, which was paid on Monday, April 7th. Shareholders of record on Monday, March 17th were given a $0.81 dividend. The ex-dividend date was Monday, March 17th. This represents a $3.24 dividend on an annualized basis and a yield of 4.11%. Merck & Co., Inc.’s dividend payout ratio (DPR) is 48.14%.
Institutional Trading of Merck & Co., Inc.
Several hedge funds and other institutional investors have recently modified their holdings of MRK. Midwest Capital Advisors LLC acquired a new position in Merck & Co., Inc. in the 4th quarter worth about $26,000. Financial Life Planners acquired a new position in Merck & Co., Inc. in the fourth quarter worth approximately $28,000. Noble Wealth Management PBC acquired a new position in Merck & Co., Inc. in the fourth quarter worth approximately $28,000. Halbert Hargrove Global Advisors LLC bought a new position in Merck & Co., Inc. during the fourth quarter valued at approximately $28,000. Finally, Promus Capital LLC acquired a new stake in Merck & Co., Inc. in the fourth quarter valued at approximately $30,000. 76.07% of the stock is currently owned by hedge funds and other institutional investors.
Insiders Place Their Bets
In related news, insider Cristal N. Downing sold 2,361 shares of Merck & Co., Inc. stock in a transaction on Thursday, February 6th. The shares were sold at an average price of $88.76, for a total value of $209,562.36. Following the completion of the sale, the insider now owns 7,085 shares of the company’s stock, valued at approximately $628,864.60. The trade was a 24.99 % decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Also, Director Inge G. Thulin bought 2,833 shares of the stock in a transaction on Thursday, February 6th. The shares were acquired at an average cost of $88.25 per share, for a total transaction of $250,012.25. Following the completion of the transaction, the director now directly owns 2,933 shares of the company’s stock, valued at approximately $258,837.25. The trade was a 2,833.00 % increase in their ownership of the stock. The disclosure for this purchase can be found here. Insiders own 0.09% of the company’s stock.
Analyst Upgrades and Downgrades
Several analysts recently commented on the stock. Truist Financial reissued a “hold” rating and set a $110.00 target price (down from $130.00) on shares of Merck & Co., Inc. in a research note on Wednesday, January 8th. Bank of America reduced their price objective on Merck & Co., Inc. from $118.00 to $112.00 and set a “buy” rating for the company in a research note on Wednesday, February 5th. Leerink Partners cut their target price on Merck & Co., Inc. from $136.00 to $119.00 and set an “outperform” rating on the stock in a research report on Monday, January 13th. BMO Capital Markets decreased their price target on Merck & Co., Inc. from $105.00 to $96.00 and set a “market perform” rating for the company in a research report on Wednesday, February 5th. Finally, Citigroup dropped their price target on Merck & Co., Inc. from $125.00 to $115.00 and set a “buy” rating on the stock in a research note on Wednesday, February 5th. Eleven equities research analysts have rated the stock with a hold rating, eight have assigned a buy rating and three have given a strong buy rating to the company’s stock. Based on data from MarketBeat.com, the stock has an average rating of “Moderate Buy” and a consensus target price of $115.50.
Check Out Our Latest Stock Analysis on MRK
About Representative Cisneros
Gil Cisneros (Democratic Party) is a member of the U.S. House, representing California’s 31st Congressional District. He assumed office on January 3, 2025. His current term ends on January 3, 2027.
Cisneros (Democratic Party) is running for re-election to the U.S. House to represent California’s 31st Congressional District. He declared candidacy for the 2026 election.
Gil Cisneros served in the U.S. Navy as a supply officer from 1994 to 2004. Cisneros earned a bachelor’s degree in political science from George Washington University in 1994, a master’s in business administration from Regis University in 2002, and a master’s degree in urban education policy from Brown University in 2015. His career experience includes working as a logistics manager for Frito-Lay. In 2010, Cisneros won the lottery and became involved in activism and philanthropy, founding a scholarship program for local high school students. In 2021, President Joe Biden (D) appointed Cisneros as under secretary of defense for personnel and readiness.
About Merck & Co., Inc.
Merck & Co, Inc is a health care company, which engages in the provision of health solutions through its prescription medicines, vaccines, biologic therapies, animal health, and consumer care products. It operates through the following segments: Pharmaceutical, Animal Health, and Other. The Pharmaceutical segment includes human health pharmaceutical and vaccine products.
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