Merck & Co., Inc.’s (MRK) “Outperform” Rating Reaffirmed at Royal Bank Of Canada

Royal Bank Of Canada reiterated their outperform rating on shares of Merck & Co., Inc. (NYSE:MRKFree Report) in a research note issued to investors on Monday morning,Benzinga reports. They currently have a $142.00 price objective on the stock.

A number of other equities research analysts also recently issued reports on the company. Scotiabank boosted their price target on Merck & Co., Inc. from $105.00 to $120.00 and gave the company a “sector outperform” rating in a research note on Thursday, December 4th. Morgan Stanley increased their price objective on shares of Merck & Co., Inc. from $100.00 to $102.00 and gave the stock an “equal weight” rating in a research note on Friday, December 12th. Cantor Fitzgerald raised their price objective on shares of Merck & Co., Inc. from $116.00 to $120.00 and gave the stock a “neutral” rating in a report on Wednesday, February 4th. Weiss Ratings restated a “hold (c)” rating on shares of Merck & Co., Inc. in a research report on Monday, December 29th. Finally, BMO Capital Markets raised shares of Merck & Co., Inc. from a “market perform” rating to an “outperform” rating and upped their target price for the company from $82.00 to $130.00 in a report on Thursday, December 18th. One analyst has rated the stock with a Strong Buy rating, ten have assigned a Buy rating and seven have given a Hold rating to the company’s stock. Based on data from MarketBeat, the company has a consensus rating of “Moderate Buy” and a consensus price target of $127.13.

Check Out Our Latest Report on Merck & Co., Inc.

Merck & Co., Inc. Stock Performance

MRK stock opened at $117.99 on Monday. The company has a market cap of $291.71 billion, a P/E ratio of 16.21, a price-to-earnings-growth ratio of 2.31 and a beta of 0.27. Merck & Co., Inc. has a 1 year low of $73.31 and a 1 year high of $125.14. The company has a debt-to-equity ratio of 0.89, a current ratio of 1.54 and a quick ratio of 1.30. The stock’s fifty day moving average price is $116.83 and its 200-day moving average price is $102.29.

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

Merck & Co., Inc. Announces Dividend

The business also recently declared a quarterly dividend, which will be paid on Tuesday, April 7th. Shareholders of record on Monday, March 16th will be given a $0.85 dividend. The ex-dividend date is Monday, March 16th. This represents a $3.40 dividend on an annualized basis and a yield of 2.9%. Merck & Co., Inc.’s dividend payout ratio is presently 46.70%.

Insiders Place Their Bets

In other news, CMO Chirfi Guindo sold 10,000 shares of the firm’s stock in a transaction dated Monday, February 9th. The stock was sold at an average price of $118.41, for a total value of $1,184,100.00. Following the transaction, the chief marketing officer owned 70,615 shares of the company’s stock, valued at $8,361,522.15. This trade represents a 12.40% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink. Also, EVP David Michael Williams sold 5,000 shares of Merck & Co., Inc. stock in a transaction dated Friday, February 6th. The shares were sold at an average price of $121.91, for a total value of $609,550.00. Following the transaction, the executive vice president directly owned 30,838 shares in the company, valued at approximately $3,759,460.58. The trade was a 13.95% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Over the last 90 days, insiders have sold 320,176 shares of company stock valued at $38,281,735. 0.09% of the stock is currently owned by corporate insiders.

Hedge Funds Weigh In On Merck & Co., Inc.

A number of hedge funds have recently modified their holdings of the company. J. Derek Lewis & Associates Inc. bought a new stake in shares of Merck & Co., Inc. during the 4th quarter valued at $214,000. Purpose Unlimited Inc. bought a new position in Merck & Co., Inc. in the 4th quarter worth $11,048,000. Cornerstone Planning LLC purchased a new stake in Merck & Co., Inc. in the 4th quarter worth $3,085,000. Rockefeller Capital Management L.P. increased its stake in Merck & Co., Inc. by 33.2% in the 4th quarter. Rockefeller Capital Management L.P. now owns 1,722,146 shares of the company’s stock worth $181,274,000 after buying an additional 429,419 shares in the last quarter. Finally, Bank of New Hampshire increased its stake in Merck & Co., Inc. by 3.1% in the 4th quarter. Bank of New Hampshire now owns 9,033 shares of the company’s stock worth $951,000 after buying an additional 275 shares in the last quarter. 76.07% of the stock is currently owned by institutional investors.

Merck & Co., Inc. News Summary

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

About Merck & Co., Inc.

(Get 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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Analyst Recommendations for Merck & Co., Inc. (NYSE:MRK)

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