APG Asset Management N.V. Sells 120,916 Shares of Merck & Co., Inc. $MRK

APG Asset Management N.V. lowered its position in shares of Merck & Co., Inc. (NYSE:MRKFree Report) by 6.4% in the 3rd quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The firm owned 1,780,828 shares of the company’s stock after selling 120,916 shares during the period. APG Asset Management N.V. owned about 0.07% of Merck & Co., Inc. worth $149,465,000 at the end of the most recent reporting period.

A number of other hedge funds have also recently modified their holdings of the company. Chemung Canal Trust Co. boosted its stake in shares of Merck & Co., Inc. by 21.1% during the 3rd quarter. Chemung Canal Trust Co. now owns 76,338 shares of the company’s stock valued at $6,407,000 after purchasing an additional 13,285 shares in the last quarter. First Pacific Financial lifted its holdings in Merck & Co., Inc. by 14.7% in the third 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 during the period. Diversified Trust Co lifted its holdings in Merck & Co., Inc. by 9.6% in the third quarter. Diversified Trust Co now owns 207,838 shares of the company’s stock worth $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% 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, Thompson Davis & CO. Inc. purchased a new position in shares of Merck & Co., Inc. during the 2nd quarter worth approximately $1,168,000. Hedge funds and other institutional investors own 76.07% of the company’s stock.

Key Merck & Co., Inc. News

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

Insiders Place Their Bets

In related news, EVP David Michael Williams sold 5,000 shares of Merck & Co., Inc. stock in a transaction dated Friday, February 6th. The stock was sold at an average price of $121.91, for a total value of $609,550.00. Following the completion of the sale, the executive vice president directly owned 30,838 shares in the company, valued at approximately $3,759,460.58. This trade represents a 13.95% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, EVP Richard R. Deluca sold 37,685 shares of the business’s stock in a transaction dated 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 completion of the transaction, the executive vice president directly 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. Additional details regarding this sale are available in the official SEC disclosure. In the last quarter, insiders have sold 320,176 shares of company stock worth $38,281,735. 0.13% of the stock is owned by corporate insiders.

Analysts Set New Price Targets

MRK has been the subject of a number of research analyst reports. Weiss Ratings restated a “hold (c)” rating on shares of Merck & Co., Inc. in a research note on Monday, December 29th. Cantor Fitzgerald increased their price objective on Merck & Co., Inc. from $116.00 to $120.00 and gave the stock a “neutral” rating in a report on Wednesday, February 4th. UBS Group boosted their target price on shares of Merck & Co., Inc. from $105.00 to $130.00 and gave the company a “buy” rating in a report on Wednesday, January 7th. Wolfe Research raised shares of Merck & Co., Inc. from a “peer perform” rating to an “outperform” rating and set a $135.00 target price on the stock in a research report on Thursday, January 8th. Finally, Wells Fargo & Company lifted their price target on shares of Merck & Co., Inc. from $125.00 to $135.00 and gave the company an “overweight” rating in a research report on Wednesday, February 4th. One equities research analyst has rated the stock with a Strong Buy rating, ten have issued a Buy rating, six have issued a Hold rating and one has assigned a Sell rating to the company. According to data from MarketBeat, the stock currently has a consensus rating of “Moderate Buy” and an average price target of $125.88.

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

Merck & Co., Inc. Stock Up 3.5%

NYSE:MRK opened at $123.45 on Friday. The company has a debt-to-equity ratio of 0.89, a quick ratio of 1.44 and a current ratio of 1.54. The firm has a market cap of $305.22 billion, a P/E ratio of 16.96, a P/E/G ratio of 2.40 and a beta of 0.28. Merck & Co., Inc. has a fifty-two week low of $73.31 and a fifty-two week high of $125.14. The firm has a 50-day simple moving average of $112.93 and a two-hundred day simple moving average of $97.39.

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

Merck & Co., Inc. Dividend Announcement

The firm also recently announced a quarterly dividend, which will be paid on Tuesday, April 7th. Shareholders of record on Monday, March 16th will be paid 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%.

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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