Birch Hill Investment Advisors LLC Sells 4,923 Shares of Merck & Co., Inc. $MRK

Birch Hill Investment Advisors LLC lessened its position in Merck & Co., Inc. (NYSE:MRKFree Report) by 5.2% in the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 89,385 shares of the company’s stock after selling 4,923 shares during the period. Birch Hill Investment Advisors LLC’s holdings in Merck & Co., Inc. were worth $9,409,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors have also modified their holdings of the company. Darwin Wealth Management LLC boosted its holdings 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 buying an additional 216 shares during the period. Barnes Dennig Private Wealth Management LLC boosted its holdings 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 buying an additional 266 shares during the period. United Financial Planning Group LLC bought a new stake in shares of Merck & Co., Inc. during the 3rd quarter worth about $31,000. Wealth Watch Advisors INC bought a new stake in shares of Merck & Co., Inc. during the 3rd quarter worth about $34,000. Finally, Deane Retirement Strategies Inc. bought a new stake in shares of Merck & Co., Inc. during the 3rd quarter worth about $35,000. Institutional investors own 76.07% of the company’s stock.

More Merck & Co., Inc. News

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

Analyst Upgrades and Downgrades

MRK has been the subject of several research analyst reports. Zacks Research raised shares of Merck & Co., Inc. from a “strong sell” rating to a “hold” rating in a report on Tuesday, March 17th. Wells Fargo & Company lifted their target price on shares of Merck & Co., Inc. from $135.00 to $150.00 and gave the stock an “overweight” rating in a report on Thursday, March 12th. UBS Group lifted their target price on shares of Merck & Co., Inc. from $130.00 to $145.00 and gave the stock a “buy” rating in a report on Monday, April 13th. Wolfe Research raised shares of Merck & Co., Inc. from a “peer perform” rating to an “outperform” rating and set a $135.00 target price for the company in a report on Thursday, January 8th. Finally, Wall Street Zen raised shares of Merck & Co., Inc. from a “hold” rating to a “buy” rating in a report on Saturday, March 28th. One analyst has rated the stock with a Strong Buy rating, eleven have given a Buy rating and seven have given a Hold rating to the stock. Based on data from MarketBeat.com, Merck & Co., Inc. presently has a consensus rating of “Moderate Buy” and a consensus target price of $128.47.

Read Our Latest Research Report on Merck & Co., Inc.

Merck & Co., Inc. Price Performance

Shares of Merck & Co., Inc. stock opened at $118.99 on Friday. Merck & Co., Inc. has a twelve month low of $73.31 and a twelve month high of $125.14. The company has a quick ratio of 1.30, a current ratio of 1.54 and a debt-to-equity ratio of 0.89. The company has a 50-day simple moving average of $119.12 and a two-hundred day simple moving average of $106.01. The stock has a market capitalization of $293.90 billion, a price-to-earnings ratio of 16.35, a price-to-earnings-growth ratio of 2.32 and a beta of 0.26.

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

Merck & Co., Inc. Dividend Announcement

The firm also recently disclosed a quarterly dividend, which was paid on Tuesday, April 7th. Shareholders of record on Monday, March 16th were paid a $0.85 dividend. The ex-dividend date was Monday, March 16th. This represents a $3.40 annualized dividend and a yield of 2.9%. Merck & Co., Inc.’s payout ratio is 46.70%.

Insiders Place Their Bets

In other Merck & Co., Inc. news, insider Johannes Jacobus Oosthuizen sold 15,000 shares of Merck & Co., Inc. stock in a transaction dated Friday, February 6th. The shares were sold at an average price of $121.87, for a total value of $1,828,050.00. Following the completion of the sale, the insider owned 21,197 shares in the company, valued at $2,583,278.39. The trade was a 41.44% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. Also, EVP Jennifer Zachary sold 121,573 shares of Merck & Co., Inc. 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 completion of the sale, 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 position. The SEC filing for this sale provides additional information. Over the last ninety days, insiders have sold 320,176 shares of company stock worth $38,281,735. 0.13% of the stock is currently owned by insiders.

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.

See Also

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

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