Groupama Asset Managment grew its holdings in Merck & Co., Inc. (NYSE:MRK – Free Report) by 8.2% in the fourth quarter, HoldingsChannel reports. The institutional investor owned 900,786 shares of the company’s stock after acquiring an additional 68,181 shares during the period. Merck & Co., Inc. makes up 1.4% of Groupama Asset Managment’s portfolio, making the stock its 18th biggest position. Groupama Asset Managment’s holdings in Merck & Co., Inc. were worth $94,812,000 at the end of the most recent quarter.
A number of other institutional investors and hedge funds have also added to or reduced their stakes in MRK. Kingdom Financial Group LLC. bought a new stake in shares of Merck & Co., Inc. in the 4th quarter valued at approximately $25,000. Prosperity Bancshares Inc acquired a new position in shares of Merck & Co., Inc. in the 4th quarter worth approximately $26,000. Abound Financial LLC bought a new position in shares of Merck & Co., Inc. during the 4th quarter worth approximately $26,000. IFC & Insurance Marketing Inc. acquired a new stake in Merck & Co., Inc. in the 4th quarter valued at $31,000. Finally, High Note Wealth LLC boosted its stake in Merck & Co., Inc. by 58.9% in the 4th quarter. High Note Wealth LLC now owns 294 shares of the company’s stock valued at $31,000 after buying an additional 109 shares in the last quarter. Institutional investors own 76.07% of the company’s stock.
Analyst Upgrades and Downgrades
Several research analysts have issued reports on the company. Royal Bank Of Canada reiterated an “outperform” rating and set a $142.00 price objective on shares of Merck & Co., Inc. in a research note on Monday, March 30th. Barclays started coverage on shares of Merck & Co., Inc. in a research report on Friday, February 20th. They set an “overweight” rating and a $140.00 target price for the company. Weiss Ratings downgraded shares of Merck & Co., Inc. from a “hold (c+)” rating to a “hold (c)” rating in a report on Friday, May 15th. UBS Group boosted their price target on shares of Merck & Co., Inc. from $130.00 to $145.00 and gave the company a “buy” rating in a research report on Monday, April 13th. Finally, Zacks Research raised shares of Merck & Co., Inc. from a “strong sell” rating to a “hold” rating in a research note on Tuesday, March 17th. One research analyst has rated the stock with a Strong Buy rating, eleven have assigned a Buy rating and seven have given a Hold rating to the company’s stock. Based on data from MarketBeat, the company presently has an average rating of “Moderate Buy” and an average price target of $128.18.
Merck & Co., Inc. Price Performance
Shares of MRK opened at $114.04 on Friday. The company has a quick ratio of 1.06, a current ratio of 1.30 and a debt-to-equity ratio of 1.02. Merck & Co., Inc. has a twelve month low of $76.66 and a twelve month high of $125.14. The stock has a market capitalization of $281.65 billion, a P/E ratio of 32.12, a P/E/G ratio of 2.56 and a beta of 0.21. The company has a 50 day moving average of $115.94 and a 200-day moving average of $113.60.
Merck & Co., Inc. (NYSE:MRK – Get Free Report) last issued its quarterly earnings results on Thursday, April 30th. The company reported ($1.28) EPS for the quarter, topping the consensus estimate of ($1.47) by $0.19. Merck & Co., Inc. had a net margin of 13.59% and a return on equity of 27.55%. The firm had revenue of $16.29 billion for the quarter, compared to analysts’ expectations of $15.85 billion. During the same period in the previous year, the firm posted $2.22 EPS. The company’s revenue for the quarter was up 4.9% on a year-over-year basis. Merck & Co., Inc. has set its FY 2026 guidance at 5.040-5.160 EPS. As a group, equities research analysts forecast that Merck & Co., Inc. will post 5.17 EPS for the current fiscal year.
Merck & Co., Inc. Dividend Announcement
The business also recently announced a quarterly dividend, which will be paid on Wednesday, July 8th. Investors of record on Monday, June 15th will be issued a dividend of $0.85 per share. This represents a $3.40 annualized dividend and a yield of 3.0%. The ex-dividend date is Monday, June 15th. Merck & Co., Inc.’s dividend payout ratio is presently 95.77%.
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.
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