Albion Financial Group UT lessened its position in shares of Merck & Co., Inc. (NYSE:MRK – Free Report) by 16.1% in the 4th quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 30,484 shares of the company’s stock after selling 5,859 shares during the quarter. Albion Financial Group UT’s holdings in Merck & Co., Inc. were worth $3,209,000 as of its most recent SEC filing.
Other large investors have also recently modified their holdings of the company. Darwin Wealth Management LLC raised its stake in shares of Merck & Co., Inc. by 237.4% during the 3rd quarter. Darwin Wealth Management LLC now owns 307 shares of the company’s stock worth $26,000 after acquiring an additional 216 shares in the last quarter. Barnes Dennig Private Wealth Management LLC raised its stake in shares of Merck & Co., Inc. by 302.3% during the 3rd quarter. Barnes Dennig Private Wealth Management LLC now owns 354 shares of the company’s stock worth $30,000 after acquiring an additional 266 shares in the last quarter. Evolution Wealth Management Inc. bought a new position in shares of Merck & Co., Inc. during the 2nd quarter worth approximately $31,000. United Financial Planning Group LLC bought a new position in shares of Merck & Co., Inc. during the 3rd quarter worth approximately $31,000. Finally, Wealth Watch Advisors INC bought a new position in shares of Merck & Co., Inc. during the 3rd quarter worth approximately $34,000. Institutional investors own 76.07% of the company’s stock.
Insider Activity at Merck & Co., Inc.
In related news, CMO Chirfi Guindo sold 10,000 shares of the company’s stock in a transaction dated Monday, February 9th. The shares were sold at an average price of $118.41, for a total transaction of $1,184,100.00. Following the completion of the transaction, the chief marketing officer owned 70,615 shares in the company, valued at $8,361,522.15. This represents a 12.40% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. Also, EVP Richard R. Deluca sold 37,685 shares of the company’s stock in a transaction dated Friday, February 6th. The stock was sold at an average price of $120.92, for a total transaction of $4,556,870.20. Following the transaction, the executive vice president owned 160,174 shares of the company’s stock, valued at approximately $19,368,240.08. This trade represents a 19.05% decrease in their position. The disclosure for this sale is available in the SEC filing. Insiders have sold 320,176 shares of company stock valued at $38,281,735 in the last quarter. 0.13% of the stock is currently owned by insiders.
Merck & Co., Inc. Stock Down 0.0%
Merck & Co., Inc. (NYSE:MRK – Get Free Report) last released its quarterly earnings results on Tuesday, February 3rd. The company reported $2.04 EPS for the quarter, beating the consensus estimate of $2.01 by $0.03. The company had revenue of $16.40 billion for the quarter, compared to analyst estimates of $16.19 billion. Merck & Co., Inc. had a net margin of 28.08% and a return on equity of 44.57%. The firm’s revenue was up 5.0% on a year-over-year basis. During the same quarter last year, the business earned $1.72 earnings per share. Merck & Co., Inc. has set its FY 2026 guidance at 5.000-5.150 EPS. On average, research analysts forecast that Merck & Co., Inc. will post 9.01 EPS 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. Investors of record on Monday, March 16th will be given a dividend of $0.85 per share. This represents a $3.40 annualized dividend and a yield of 2.8%. The ex-dividend date is Monday, March 16th. Merck & Co., Inc.’s dividend payout ratio (DPR) is currently 46.70%.
Wall Street Analysts Forecast Growth
Several research analysts recently commented on the stock. Citigroup boosted their price objective on shares of Merck & Co., Inc. from $120.00 to $125.00 and gave the stock a “neutral” rating in a research note on Friday, March 20th. Wall Street Zen upgraded shares of Merck & Co., Inc. from a “hold” rating to a “buy” rating in a research note on Saturday, March 28th. 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. Weiss Ratings restated a “hold (c)” rating on shares of Merck & Co., Inc. in a research note on Monday, December 29th. Finally, Morgan Stanley upped their price target on shares of Merck & Co., Inc. from $100.00 to $102.00 and gave the company an “equal weight” rating in a research note on Friday, December 12th. One analyst has rated the stock with a Strong Buy rating, eleven have assigned a Buy rating and seven have assigned a Hold rating to the company’s stock. Based on data from MarketBeat.com, the company currently has an average rating of “Moderate Buy” and a consensus price target of $127.59.
Read Our Latest Research Report on Merck & Co., Inc.
About Merck & Co., Inc.
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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