Analyst IMS Investment Management Services Ltd. Boosts Stake in Merck & Co., Inc. $MRK

Analyst IMS Investment Management Services Ltd. boosted its stake in Merck & Co., Inc. (NYSE:MRKFree Report) by 301.5% in the 4th quarter, according to its most recent filing with the SEC. The fund owned 10,298 shares of the company’s stock after purchasing an additional 7,733 shares during the period. Analyst IMS Investment Management Services Ltd.’s holdings in Merck & Co., Inc. were worth $1,084,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds also recently added to or reduced their stakes in MRK. Chemung Canal Trust Co. increased its stake in Merck & Co., Inc. by 21.1% during the 3rd 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 during the period. First Pacific Financial lifted its holdings in Merck & Co., Inc. by 14.7% during the 3rd quarter. First Pacific Financial now owns 47,555 shares of the company’s stock worth $3,991,000 after buying an additional 6,082 shares in the last quarter. Diversified Trust Co boosted its position in Merck & Co., Inc. by 9.6% in the 3rd quarter. Diversified Trust Co now owns 207,838 shares of the company’s stock valued at $17,444,000 after buying an additional 18,187 shares during the period. Caxton Associates LLP boosted its position in Merck & Co., Inc. by 23.3% in the 2nd quarter. Caxton Associates LLP now owns 39,421 shares of the company’s stock valued at $3,121,000 after buying an additional 7,458 shares during the period. Finally, Coldstream Capital Management Inc. grew its stake in shares of Merck & Co., Inc. by 12.7% in the third 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 in the last quarter. Hedge funds and other institutional investors own 76.07% of the company’s stock.

Merck & Co., Inc. News Roundup

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

Analyst Upgrades and Downgrades

Several equities research analysts have weighed in on the company. Morgan Stanley upped their price target on Merck & Co., Inc. from $100.00 to $102.00 and gave the stock an “equal weight” rating in a report on Friday, December 12th. Barclays initiated coverage on shares of Merck & Co., Inc. in a research report on Friday, February 20th. They set an “overweight” rating and a $140.00 price objective for the company. Bank of America boosted their target price on shares of Merck & Co., Inc. from $105.00 to $120.00 and gave the stock a “buy” rating in a research note on Monday, December 15th. UBS Group increased their target price on Merck & Co., Inc. from $105.00 to $130.00 and gave the company a “buy” rating in a report on Wednesday, January 7th. Finally, Wolfe Research raised Merck & Co., Inc. from a “peer perform” rating to an “outperform” rating and set a $135.00 price target for the company in a report on Thursday, January 8th. One investment analyst has rated the stock with a Strong Buy rating, ten have given a Buy rating and seven have given a Hold rating to the stock. According to MarketBeat.com, Merck & Co., Inc. currently has an average rating of “Moderate Buy” and an average target price of $127.13.

Read Our Latest Analysis on MRK

Insider Buying and Selling at Merck & Co., Inc.

In related news, EVP Jennifer Zachary sold 121,573 shares of the firm’s stock in a transaction dated Monday, February 9th. The stock was sold at an average price of $119.15, for a total transaction of $14,485,422.95. Following the transaction, the executive vice president owned 68,916 shares of the company’s stock, valued at $8,211,341.40. This trade represents a 63.82% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is available through this link. Also, EVP Richard R. Deluca sold 37,685 shares of the company’s stock in a transaction that occurred on Friday, February 6th. The stock was sold at an average price of $120.92, for a total value of $4,556,870.20. Following the sale, the executive vice president owned 160,174 shares of the company’s stock, valued at $19,368,240.08. This trade represents a 19.05% decrease in their position. The SEC filing for this sale provides additional information. In the last ninety days, insiders have sold 320,176 shares of company stock valued at $38,281,735. Corporate insiders own 0.13% of the company’s stock.

Merck & Co., Inc. Stock Down 0.2%

Shares of NYSE MRK opened at $120.62 on Friday. The stock has a market cap of $298.21 billion, a PE ratio of 16.57, a price-to-earnings-growth ratio of 2.44 and a beta of 0.26. The company has a quick ratio of 1.30, a current ratio of 1.54 and a debt-to-equity ratio of 0.89. Merck & Co., Inc. has a 52-week low of $73.31 and a 52-week high of $125.14. The business has a 50-day moving average price of $117.72 and a 200 day moving average price of $103.08.

Merck & Co., Inc. (NYSE:MRKGet Free Report) last released its quarterly earnings results on Tuesday, February 3rd. The company reported $2.04 EPS for the quarter, topping 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 company had revenue of $16.40 billion for the quarter, compared to analyst estimates of $16.19 billion. During the same quarter in the previous year, the company posted $1.72 earnings per share. The firm’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. Equities research analysts forecast that Merck & Co., Inc. will post 9.01 earnings per share for the current year.

Merck & Co., Inc. Announces Dividend

The firm also recently declared a quarterly dividend, which will be paid on Tuesday, April 7th. Investors 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 dividend on an annualized basis and a yield of 2.8%. Merck & Co., Inc.’s dividend payout ratio is currently 46.70%.

About Merck & Co., Inc.

(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.

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

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