Leo Wealth LLC Acquires 6,078 Shares of Merck & Co., Inc. $MRK

Leo Wealth LLC increased its holdings in shares of Merck & Co., Inc. (NYSE:MRKFree Report) by 29.3% during the fourth quarter, Holdings Channel reports. The fund owned 26,848 shares of the company’s stock after acquiring an additional 6,078 shares during the quarter. Leo Wealth LLC’s holdings in Merck & Co., Inc. were worth $2,826,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other large investors have also added to or reduced their stakes in the business. Payne Capital LLC increased its holdings in shares of Merck & Co., Inc. by 0.9% in the fourth quarter. Payne Capital LLC now owns 10,637 shares of the company’s stock valued at $1,120,000 after purchasing an additional 97 shares during the last quarter. Abound Wealth Management lifted its stake in shares of Merck & Co., Inc. by 6.8% during the 4th quarter. Abound Wealth Management now owns 1,554 shares of the company’s stock worth $164,000 after buying an additional 99 shares during the last quarter. Mattern Wealth Management LLC boosted its holdings in shares of Merck & Co., Inc. by 1.7% during the 4th quarter. Mattern Wealth Management LLC now owns 6,033 shares of the company’s stock worth $635,000 after buying an additional 100 shares during the period. Pine Haven Investment Counsel Inc boosted its holdings in shares of Merck & Co., Inc. by 0.7% during the 4th quarter. Pine Haven Investment Counsel Inc now owns 14,137 shares of the company’s stock worth $1,488,000 after buying an additional 105 shares during the period. Finally, Lake Street Private Wealth LLC grew its stake in Merck & Co., Inc. by 2.1% in the 4th quarter. Lake Street Private Wealth LLC now owns 5,203 shares of the company’s stock valued at $548,000 after buying an additional 109 shares during the last quarter. Institutional investors own 76.07% of the company’s stock.

Merck & Co., Inc. Stock Performance

NYSE:MRK opened at $120.62 on Monday. The company has a market cap of $298.21 billion, a price-to-earnings ratio of 16.57, a PEG ratio of 2.44 and a beta of 0.26. Merck & Co., Inc. has a fifty-two week low of $73.31 and a fifty-two week high of $125.14. 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 fifty day moving average price of $117.72 and a 200-day moving average price of $103.39.

Merck & Co., Inc. (NYSE:MRKGet Free Report) last issued 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 for the quarter, compared to analysts’ expectations 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% on a year-over-year basis. During the same quarter last year, the business earned $1.72 earnings per share. Merck & Co., Inc. has set its FY 2026 guidance at 5.000-5.150 EPS. As a group, equities analysts anticipate that Merck & Co., Inc. will post 9.01 EPS for the current fiscal year.

Merck & Co., Inc. Dividend Announcement

The company also recently announced a quarterly dividend, which will be paid on Tuesday, April 7th. Stockholders 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 annualized dividend and a dividend yield of 2.8%. Merck & Co., Inc.’s payout ratio is presently 46.70%.

Insider Activity at Merck & Co., Inc.

In other news, EVP David Michael Williams sold 5,000 shares of the company’s stock in a transaction that occurred on Friday, February 6th. The shares were sold at an average price of $121.91, for a total transaction of $609,550.00. Following the completion of the sale, the executive vice president owned 30,838 shares of the company’s stock, valued at approximately $3,759,460.58. This represents a 13.95% decrease in their position. The sale was disclosed in a legal filing with the SEC, which is accessible through this hyperlink. Also, EVP Jennifer Zachary sold 121,573 shares of Merck & Co., Inc. stock in a transaction that occurred on Monday, February 9th. The shares were 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 in the company, valued at $8,211,341.40. This trade represents a 63.82% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Insiders have sold a total of 320,176 shares of company stock worth $38,281,735 in the last 90 days. Corporate insiders own 0.13% of the company’s stock.

Wall Street Analysts Forecast Growth

Several brokerages have issued reports on MRK. Morgan Stanley raised 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 report on Friday, December 12th. Deutsche Bank Aktiengesellschaft raised Merck & Co., Inc. from a “hold” rating to a “buy” rating and set a $150.00 price target for the company in a report on Friday, February 13th. Royal Bank Of Canada reaffirmed an “outperform” rating and issued a $142.00 price objective on shares of Merck & Co., Inc. in a report on Monday, March 30th. UBS Group increased their price objective on Merck & Co., Inc. from $105.00 to $130.00 and gave the stock a “buy” rating in a research report on Wednesday, January 7th. Finally, Citigroup lifted their target price on Merck & Co., Inc. from $120.00 to $125.00 and gave the stock a “neutral” rating in a report on Friday, March 20th. One equities research 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. Based on data from MarketBeat, the company has a consensus rating of “Moderate Buy” and an average target price of $127.13.

Read Our Latest Stock Report on MRK

Merck & Co., Inc. News Summary

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

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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