Baker Tilly Wealth Management LLC lessened its position in Merck & Co., Inc. (NYSE:MRK – Free Report) by 60.7% in the fourth quarter, according to its most recent disclosure with the SEC. The firm owned 4,776 shares of the company’s stock after selling 7,378 shares during the period. Baker Tilly Wealth Management LLC’s holdings in Merck & Co., Inc. were worth $503,000 as of its most recent filing with the SEC.
Several other hedge funds and other institutional investors have also recently modified their holdings of MRK. Darwin Wealth Management LLC raised its holdings in Merck & Co., Inc. by 237.4% during the third quarter. Darwin Wealth Management LLC now owns 307 shares of the company’s stock worth $26,000 after buying an additional 216 shares during the last quarter. Kilter Group LLC acquired a new position in shares of Merck & Co., Inc. during the second quarter valued at about $27,000. Barnes Dennig Private Wealth Management LLC grew its holdings in shares of Merck & Co., Inc. by 302.3% during the third quarter. Barnes Dennig Private Wealth Management LLC now owns 354 shares of the company’s stock valued at $30,000 after buying an additional 266 shares during the last quarter. Bare Financial Services Inc increased its position in shares of Merck & Co., Inc. by 51.9% during the second quarter. Bare Financial Services Inc now owns 366 shares of the company’s stock worth $29,000 after acquiring an additional 125 shares in the last quarter. Finally, United Financial Planning Group LLC bought a new stake in shares of Merck & Co., Inc. during the third quarter worth about $31,000. Institutional investors own 76.07% of the company’s stock.
Insider Activity at Merck & Co., Inc.
In other Merck & Co., Inc. news, insider Johannes Jacobus Oosthuizen sold 15,000 shares of the company’s stock in a transaction on Friday, February 6th. The stock was sold at an average price of $121.87, for a total value of $1,828,050.00. Following the completion of the transaction, the insider owned 21,197 shares in the company, valued at $2,583,278.39. This represents a 41.44% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. Also, CMO Chirfi Guindo sold 10,000 shares of the firm’s stock in a transaction on 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 sale, the chief marketing officer directly owned 70,615 shares of the company’s stock, valued at approximately $8,361,522.15. This represents a 12.40% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Insiders sold a total of 320,176 shares of company stock valued at $38,281,735 in the last ninety days. Insiders own 0.09% of the company’s stock.
Merck & Co., Inc. Stock Down 0.0%
Merck & Co., Inc. (NYSE:MRK – Get Free Report) last posted its quarterly earnings data on Tuesday, February 3rd. The company reported $2.04 EPS for the quarter, beating the consensus estimate of $2.01 by $0.03. Merck & Co., Inc. had a net margin of 28.08% and a return on equity of 44.57%. The firm had revenue of $16.40 billion during the quarter, compared to analyst estimates of $16.19 billion. During the same quarter last year, the business posted $1.72 EPS. The company’s revenue for the quarter was up 5.0% on a year-over-year basis. Merck & Co., Inc. has set its FY 2026 guidance at 5.000-5.150 EPS. Research analysts predict that Merck & Co., Inc. will post 9.01 EPS for the current fiscal year.
Merck & Co., Inc. Announces Dividend
The firm 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. This represents a $3.40 dividend on an annualized basis and a dividend yield of 3.0%. The ex-dividend date of this dividend is Monday, March 16th. Merck & Co., Inc.’s dividend payout ratio (DPR) is presently 46.70%.
Analyst Upgrades and Downgrades
Several equities analysts recently weighed in on MRK shares. UBS Group raised their price target on shares of Merck & Co., Inc. from $105.00 to $130.00 and gave the company a “buy” rating in a research report on Wednesday, January 7th. Morgan Stanley boosted their price objective on Merck & Co., Inc. from $100.00 to $102.00 and gave the stock an “equal weight” rating in a report on Friday, December 12th. Citigroup increased their price objective on Merck & Co., Inc. from $120.00 to $125.00 and gave the stock a “neutral” rating in a research note on Friday. BMO Capital Markets raised Merck & Co., Inc. from a “market perform” rating to an “outperform” rating and lifted their target price for the company from $82.00 to $130.00 in a research report on Thursday, December 18th. Finally, Weiss Ratings reiterated a “hold (c)” rating on shares of Merck & Co., Inc. in a report on Monday, December 29th. One equities research analyst has rated the stock with a Strong Buy rating, ten have given a Buy rating and seven have given a Hold rating to the company’s stock. According to data from MarketBeat, the stock presently has an average rating of “Moderate Buy” and an average price target of $127.13.
Get Our Latest Research Report on Merck & Co., Inc.
Merck & Co., Inc. Company Profile
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.
See Also
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