BXM Wealth LLC Acquires 5,529 Shares of Merck & Co., Inc. $MRK

BXM Wealth LLC grew its stake in shares of Merck & Co., Inc. (NYSE:MRKFree Report) by 217.4% during the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 8,072 shares of the company’s stock after buying an additional 5,529 shares during the quarter. BXM Wealth LLC’s holdings in Merck & Co., Inc. were worth $850,000 at the end of the most recent quarter.

Several other large investors have also recently modified their holdings of the stock. Brighton Jones LLC grew its position in Merck & Co., Inc. by 29.5% during the 4th quarter. Brighton Jones LLC now owns 38,278 shares of the company’s stock worth $3,808,000 after acquiring an additional 8,710 shares during the last quarter. Sivia Capital Partners LLC lifted its position in Merck & Co., Inc. by 52.2% in the second quarter. Sivia Capital Partners LLC now owns 11,494 shares of the company’s stock valued at $910,000 after purchasing an additional 3,941 shares during the last quarter. Gateway Wealth Partners LLC lifted its position in Merck & Co., Inc. by 10.5% in the second quarter. Gateway Wealth Partners LLC now owns 3,901 shares of the company’s stock valued at $309,000 after purchasing an additional 372 shares during the last quarter. SageView Advisory Group LLC boosted its stake in shares of Merck & Co., Inc. by 34.9% during the second quarter. SageView Advisory Group LLC now owns 23,411 shares of the company’s stock valued at $1,968,000 after purchasing an additional 6,060 shares during the period. Finally, Avestar Capital LLC boosted its stake in shares of Merck & Co., Inc. by 21.3% during the second quarter. Avestar Capital LLC now owns 16,813 shares of the company’s stock valued at $1,340,000 after purchasing an additional 2,954 shares during the period. Hedge funds and other institutional investors own 76.07% of the company’s stock.

Analysts Set New Price Targets

Several brokerages recently commented on MRK. 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 note on Thursday, January 8th. Wall Street Zen raised shares of Merck & Co., Inc. from a “hold” rating to a “buy” rating in a research report on Saturday, March 28th. Guggenheim raised their price target on shares of Merck & Co., Inc. from $122.00 to $140.00 and gave the stock a “buy” rating in a report on Friday, February 6th. Citigroup boosted their price objective on shares of Merck & Co., Inc. from $120.00 to $125.00 and gave the company a “neutral” rating in a research report on Friday, March 20th. Finally, Bank of America upped their price objective on shares of Merck & Co., Inc. from $105.00 to $120.00 and gave the company a “buy” rating in a research note on Monday, December 15th. One equities research analyst has rated the stock with a Strong Buy rating, ten have given a Buy rating and seven have issued a Hold rating to the stock. According to MarketBeat.com, Merck & Co., Inc. currently has a consensus rating of “Moderate Buy” and a consensus price target of $127.13.

Check Out Our Latest Stock Analysis on MRK

Merck & Co., Inc. Price Performance

MRK opened at $120.62 on Monday. The company has a debt-to-equity ratio of 0.89, a quick ratio of 1.30 and a current ratio of 1.54. The stock has a market capitalization 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 stock’s 50 day moving average price is $117.72 and its 200-day moving average price is $103.39. Merck & Co., Inc. has a 52-week low of $73.31 and a 52-week high of $125.14.

Merck & Co., Inc. (NYSE:MRKGet Free Report) last announced its quarterly earnings results on Tuesday, February 3rd. The company reported $2.04 EPS for the quarter, topping analysts’ consensus estimates 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%.The firm’s revenue was up 5.0% on a year-over-year basis. During the same quarter last year, the firm posted $1.72 earnings per share. Merck & Co., Inc. has set its FY 2026 guidance at 5.000-5.150 EPS. On average, equities research analysts predict that Merck & Co., Inc. will post 9.01 EPS for the current year.

Merck & Co., Inc. Dividend Announcement

The business also recently announced a quarterly dividend, which will be paid on Tuesday, April 7th. Stockholders of record on Monday, March 16th will be paid a dividend of $0.85 per share. The ex-dividend date of this dividend is Monday, March 16th. This represents a $3.40 dividend on an annualized basis and a dividend yield of 2.8%. Merck & Co., Inc.’s payout ratio is presently 46.70%.

Key Merck & Co., Inc. News

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

Insider Activity

In other Merck & Co., Inc. news, CMO Chirfi Guindo sold 10,000 shares of the firm’s stock in a transaction dated Monday, February 9th. The shares were sold at an average price of $118.41, for a total value of $1,184,100.00. Following the completion of the sale, the chief marketing officer directly owned 70,615 shares in the company, valued at $8,361,522.15. This trade represents a 12.40% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is available at this link. Also, EVP David Michael Williams sold 5,000 shares of Merck & Co., Inc. stock in a transaction that occurred on Friday, February 6th. The shares were sold at an average price of $121.91, for a total value of $609,550.00. Following the sale, 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 SEC filing for this sale provides additional information. In the last three months, insiders have sold 320,176 shares of company stock worth $38,281,735. 0.13% of the stock is owned by company 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.

Further Reading

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

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