Dakota Wealth Management Sells 4,634 Shares of Merck & Co., Inc. $MRK

Dakota Wealth Management decreased its position in Merck & Co., Inc. (NYSE:MRKFree Report) by 12.9% in the 3rd quarter, HoldingsChannel reports. The fund owned 31,311 shares of the company’s stock after selling 4,634 shares during the period. Dakota Wealth Management’s holdings in Merck & Co., Inc. were worth $2,628,000 as of its most recent filing with the Securities & Exchange Commission.

Several other institutional investors also recently modified their holdings of the company. DLD Asset Management LP bought a new position in Merck & Co., Inc. in the second quarter worth $2,889,340,000. Norges Bank acquired a new position in shares of Merck & Co., Inc. in the 2nd quarter valued at $2,858,570,000. Franklin Resources Inc. lifted its holdings in shares of Merck & Co., Inc. by 23.5% during the 2nd quarter. Franklin Resources Inc. now owns 27,032,601 shares of the company’s stock worth $2,139,901,000 after acquiring an additional 5,135,748 shares during the period. Arrowstreet Capital Limited Partnership boosted its position in shares of Merck & Co., Inc. by 35.5% during the 2nd quarter. Arrowstreet Capital Limited Partnership now owns 19,456,096 shares of the company’s stock valued at $1,540,145,000 after acquiring an additional 5,094,088 shares in the last quarter. Finally, Charles Schwab Investment Management Inc. boosted its position in shares of Merck & Co., Inc. by 9.4% during the 2nd quarter. Charles Schwab Investment Management Inc. now owns 53,865,466 shares of the company’s stock valued at $4,263,991,000 after acquiring an additional 4,636,183 shares in the last quarter. Institutional investors and hedge funds own 76.07% of the company’s stock.

Trending Headlines about Merck & Co., Inc.

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Analyst Upgrades and Downgrades

A number of research analysts have commented on the stock. Zacks Research cut shares of Merck & Co., Inc. from a “hold” rating to a “strong sell” rating in a research note on Friday, January 9th. Weiss Ratings reissued a “hold (c)” rating on shares of Merck & Co., Inc. in a report on Monday, December 29th. Cantor Fitzgerald boosted their price target on Merck & Co., Inc. from $116.00 to $120.00 and gave the company a “neutral” rating in a research note on Wednesday, February 4th. Citigroup upped their price target on Merck & Co., Inc. from $115.00 to $120.00 and gave the company a “neutral” rating in a research report on Wednesday, February 4th. Finally, Barclays started coverage on Merck & Co., Inc. in a report on Friday, February 20th. They set an “overweight” rating and a $140.00 price objective for the company. One analyst has rated the stock with a Strong Buy rating, nine have issued a Buy rating, six have given a Hold rating and one has assigned a Sell rating to the company. According to data from MarketBeat.com, the company currently has an average rating of “Moderate Buy” and an average target price of $124.80.

View Our Latest Analysis on Merck & Co., Inc.

Insider Activity

In other Merck & Co., Inc. news, insider Johannes Jacobus Oosthuizen sold 15,000 shares of the firm’s 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 approximately $2,583,278.39. This trade represents a 41.44% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this hyperlink. Also, EVP Jennifer Zachary sold 121,573 shares of the business’s 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 transaction, the executive vice president directly owned 68,916 shares of the company’s stock, valued at approximately $8,211,341.40. This represents a 63.82% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Over the last quarter, insiders have sold 320,176 shares of company stock worth $38,281,735. 0.09% of the stock is currently owned by insiders.

Merck & Co., Inc. Stock Up 0.2%

NYSE MRK opened at $124.11 on Wednesday. The stock’s 50 day simple moving average is $111.65 and its 200 day simple moving average is $96.63. Merck & Co., Inc. has a one year low of $73.31 and a one year high of $124.84. The firm has a market cap of $308.03 billion, a PE ratio of 17.05, a price-to-earnings-growth ratio of 2.40 and a beta of 0.28. The company has a debt-to-equity ratio of 0.77, a current ratio of 1.66 and a quick ratio of 1.44.

Merck & Co., Inc. (NYSE:MRKGet Free Report) last posted its quarterly earnings data 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 for the quarter, compared to analyst estimates of $16.19 billion. Merck & Co., Inc. had a return on equity of 45.22% and a net margin of 28.08%.The business’s revenue was up 5.0% on a year-over-year basis. During the same quarter in the previous year, the firm earned $1.72 earnings per share. Merck & Co., Inc. has set its FY 2026 guidance at 5.000-5.150 EPS. As a group, sell-side analysts forecast that Merck & Co., Inc. will post 9.01 earnings per share for the current fiscal year.

Merck & Co., Inc. Dividend Announcement

The business 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. The ex-dividend date is Monday, March 16th. This represents a $3.40 annualized dividend and a yield of 2.7%. Merck & Co., Inc.’s dividend payout ratio is 46.70%.

Merck & Co., Inc. Company Profile

(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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