First Bank & Trust Invests $632,000 in Merck & Co., Inc. $MRK

First Bank & Trust bought a new position in Merck & Co., Inc. (NYSE:MRKFree Report) during the fourth quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor bought 6,002 shares of the company’s stock, valued at approximately $632,000.

Other large investors have also added to or reduced their stakes in the company. Chemung Canal Trust Co. grew its holdings in Merck & Co., Inc. by 21.1% during the third quarter. Chemung Canal Trust Co. now owns 76,338 shares of the company’s stock worth $6,407,000 after buying an additional 13,285 shares in the last quarter. First Pacific Financial raised its position in Merck & Co., Inc. by 14.7% in the 3rd quarter. First Pacific Financial now owns 47,555 shares of the company’s stock valued at $3,991,000 after buying an additional 6,082 shares during the last quarter. Diversified Trust Co lifted its stake in Merck & Co., Inc. by 9.6% during the 3rd quarter. Diversified Trust Co now owns 207,838 shares of the company’s stock valued at $17,444,000 after acquiring an additional 18,187 shares in the last quarter. Caxton Associates LLP lifted its stake in Merck & Co., Inc. by 23.3% during the 2nd quarter. Caxton Associates LLP now owns 39,421 shares of the company’s stock valued at $3,121,000 after acquiring an additional 7,458 shares in the last quarter. Finally, Coldstream Capital Management Inc. boosted its holdings in Merck & Co., Inc. by 12.7% during the 3rd quarter. Coldstream Capital Management Inc. now owns 123,366 shares of the company’s stock worth $10,364,000 after acquiring an additional 13,940 shares during the last quarter. Institutional investors own 76.07% of the company’s stock.

Analyst Upgrades and Downgrades

Several research firms have recently issued reports on MRK. Zacks Research upgraded shares of Merck & Co., Inc. from a “strong sell” rating to a “hold” rating in a research note on Tuesday, March 17th. Wolfe Research raised shares of Merck & Co., Inc. from a “peer perform” rating to an “outperform” rating and set a $135.00 price target on the stock in a research report on Thursday, January 8th. TD Cowen boosted their price target on shares of Merck & Co., Inc. from $100.00 to $120.00 and gave the stock a “hold” rating in a report on Tuesday, January 20th. Guggenheim upped their price objective on shares of Merck & Co., Inc. from $122.00 to $140.00 and gave the stock a “buy” rating in a research report on Friday, February 6th. Finally, Cantor Fitzgerald increased their price objective on shares of Merck & Co., Inc. from $116.00 to $120.00 and gave the company a “neutral” rating in a research note on Wednesday, February 4th. One equities research analyst has rated the stock with a Strong Buy rating, ten have issued a Buy rating and seven have given a Hold rating to the stock. Based on data from MarketBeat, the company currently has a consensus rating of “Moderate Buy” and a consensus price target of $127.13.

View Our Latest Stock Analysis on MRK

Merck & Co., Inc. Trading Up 2.5%

NYSE:MRK opened at $119.33 on Thursday. Merck & Co., Inc. has a 12 month low of $73.31 and a 12 month high of $125.14. The company has a current ratio of 1.54, a quick ratio of 1.30 and a debt-to-equity ratio of 0.89. The firm’s 50 day moving average is $116.27 and its 200 day moving average is $101.44. The stock has a market capitalization of $295.04 billion, a PE ratio of 16.39, a price-to-earnings-growth ratio of 2.25 and a beta of 0.27.

Merck & Co., Inc. (NYSE:MRKGet Free Report) last announced its quarterly earnings data on Tuesday, February 3rd. The company reported $2.04 earnings per share for the quarter, beating the consensus estimate of $2.01 by $0.03. Merck & Co., Inc. had a return on equity of 44.57% and a net margin of 28.08%.The business had revenue of $16.40 billion during the quarter, compared to analyst estimates of $16.19 billion. During the same period in the prior year, the company earned $1.72 earnings per share. Merck & Co., Inc.’s revenue was up 5.0% compared to the same quarter last year. Merck & Co., Inc. has set its FY 2026 guidance at 5.000-5.150 EPS. Sell-side analysts expect that Merck & Co., Inc. will post 9.01 earnings per share for the current year.

Merck & Co., Inc. Dividend Announcement

The company also recently declared a quarterly dividend, which will be paid on Tuesday, April 7th. Stockholders of record on Monday, March 16th will be paid a dividend of $0.85 per share. The ex-dividend date is Monday, March 16th. This represents a $3.40 annualized dividend and a dividend yield of 2.8%. Merck & Co., Inc.’s dividend payout ratio is presently 46.70%.

Key Merck & Co., Inc. News

Here are the key news stories impacting Merck & Co., Inc. this week:

Insider Activity at Merck & Co., Inc.

In related news, CMO Chirfi Guindo sold 20,000 shares of Merck & Co., Inc. stock in a transaction dated Thursday, February 5th. The stock was sold at an average price of $121.88, for a total value of $2,437,600.00. Following the completion of the sale, the chief marketing officer owned 80,615 shares of the company’s stock, valued at approximately $9,825,356.20. This trade represents a 19.88% decrease in their position. The sale was disclosed in a legal filing with the SEC, which can be accessed through this hyperlink. Also, CEO Robert M. Davis sold 47,434 shares of the business’s stock in a transaction dated Wednesday, February 4th. The shares were sold at an average price of $118.04, for a total value of $5,599,109.36. Following the completion of the sale, the chief executive officer owned 443,602 shares in the company, valued at $52,362,780.08. This represents a 9.66% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Insiders have sold 320,176 shares of company stock worth $38,281,735 in the last three months. Corporate insiders own 0.13% of the company’s stock.

Merck & Co., Inc. Profile

(Free Report)

Merck & Co, Inc is a global biopharmaceutical company engaged in the discovery, development, manufacture and marketing of prescription medicines, vaccines, biologic therapies and animal health products. Its portfolio spans multiple therapeutic areas with a particular emphasis on oncology, vaccines and infectious disease, as well as therapies for metabolic and chronic conditions. Among its well-known products are the cancer immunotherapy Keytruda (pembrolizumab) and the human papillomavirus vaccine Gardasil; the company also markets a range of medicines and vaccines for veterinary use through Merck Animal Health.

Founded in the late 19th century as the U.S.

See Also

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Institutional Ownership by Quarter for Merck & Co., Inc. (NYSE:MRK)

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