APG Asset Management N.V. Decreases Holdings in Merck & Co., Inc. $MRK

APG Asset Management N.V. trimmed its position in shares of Merck & Co., Inc. (NYSE:MRKFree Report) by 6.4% during the 3rd quarter, Holdings Channel.com reports. The institutional investor owned 1,780,828 shares of the company’s stock after selling 120,916 shares during the quarter. APG Asset Management N.V.’s holdings in Merck & Co., Inc. were worth $149,465,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other large investors also recently modified their holdings of the company. Dakota Community Bank & Trust NA grew its stake in shares of Merck & Co., Inc. by 3.4% during the 3rd quarter. Dakota Community Bank & Trust NA now owns 3,566 shares of the company’s stock valued at $299,000 after purchasing an additional 116 shares during the period. Security National Bank of Sioux City Iowa IA boosted its holdings in shares of Merck & Co., Inc. by 3.6% in the third quarter. Security National Bank of Sioux City Iowa IA now owns 3,402 shares of the company’s stock worth $286,000 after buying an additional 119 shares during the last quarter. Investors Research Corp boosted its holdings in shares of Merck & Co., Inc. by 1.3% in the third quarter. Investors Research Corp now owns 9,325 shares of the company’s stock worth $783,000 after buying an additional 120 shares during the last quarter. Trust Point Inc. grew its position in Merck & Co., Inc. by 0.8% during the third quarter. Trust Point Inc. now owns 14,834 shares of the company’s stock valued at $1,245,000 after buying an additional 120 shares during the period. Finally, Washington Trust Advisors Inc. increased its holdings in Merck & Co., Inc. by 1.4% during the third quarter. Washington Trust Advisors Inc. now owns 8,943 shares of the company’s stock valued at $751,000 after buying an additional 120 shares during the last quarter. Institutional investors own 76.07% of the company’s stock.

Analysts Set New Price Targets

MRK has been the topic of several recent research reports. Wolfe Research upgraded shares of Merck & Co., Inc. from a “peer perform” rating to an “outperform” rating and set a $135.00 price target on the stock in a research report on Thursday, January 8th. Bank of America raised their target price on Merck & Co., Inc. from $105.00 to $120.00 and gave the stock a “buy” rating in a report on Monday, December 15th. Citigroup lifted their target price 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. Weiss Ratings reissued a “hold (c)” rating on shares of Merck & Co., Inc. in a report on Monday, December 29th. Finally, Morgan Stanley raised their price objective on 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. One research analyst has rated the stock with a Strong Buy rating, ten have given a Buy rating, six have given a Hold rating and one has assigned a Sell rating to the company. According to data from MarketBeat, Merck & Co., Inc. presently has a consensus rating of “Moderate Buy” and a consensus price target of $125.88.

Read Our Latest Stock Report on MRK

More Merck & Co., Inc. News

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

Merck & Co., Inc. Stock Performance

NYSE:MRK opened at $123.45 on Friday. The stock has a 50-day moving average price of $112.93 and a 200 day moving average price of $97.39. The stock has a market capitalization 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 12-month low of $73.31 and a 12-month high of $125.14. The company has a current ratio of 1.54, a quick ratio of 1.44 and a debt-to-equity ratio of 0.89.

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, topping analysts’ consensus estimates of $2.01 by $0.03. Merck & Co., Inc. had a return on equity of 44.57% and a net margin of 28.08%.The company had revenue of $16.40 billion for the quarter, compared to analysts’ expectations of $16.19 billion. During the same period in the previous year, the firm earned $1.72 EPS. The firm’s revenue was up 5.0% compared to the same quarter last year. Merck & Co., Inc. has set its FY 2026 guidance at 5.000-5.150 EPS. Equities research analysts forecast that Merck & Co., Inc. will post 9.01 EPS for the current fiscal 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 issued a $0.85 dividend. This represents a $3.40 annualized dividend and a dividend yield of 2.8%. The ex-dividend date of this dividend is Monday, March 16th. Merck & Co., Inc.’s payout ratio is 46.70%.

Insider Activity

In related news, CEO Robert M. Davis sold 47,434 shares of the firm’s stock in a transaction on Wednesday, February 4th. The shares were sold at an average price of $118.04, for a total transaction of $5,599,109.36. Following the completion of the transaction, the chief executive officer directly owned 443,602 shares of the company’s stock, valued at approximately $52,362,780.08. This trade represents a 9.66% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is accessible through this link. Also, EVP Richard R. Deluca sold 37,685 shares of Merck & Co., Inc. stock in a transaction on Friday, February 6th. The shares were sold at an average price of $120.92, for a total transaction of $4,556,870.20. Following the completion of the sale, the executive vice president owned 160,174 shares in the company, valued at approximately $19,368,240.08. This represents a 19.05% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Insiders have sold 320,176 shares of company stock valued at $38,281,735 in the last quarter. Company insiders own 0.13% of the company’s stock.

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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