Franklin Resources Inc. Has $1.69 Billion Holdings in Merck & Co., Inc. $MRK

Franklin Resources Inc. lessened its stake in Merck & Co., Inc. (NYSE:MRKFree Report) by 4.1% during the fourth quarter, Holdings Channel reports. The firm owned 16,064,050 shares of the company’s stock after selling 682,940 shares during the period. Franklin Resources Inc.’s holdings in Merck & Co., Inc. were worth $1,690,902,000 as of its most recent SEC filing.

Other large investors also recently modified their holdings of the company. Kingdom Financial Group LLC. bought a new position in shares of Merck & Co., Inc. in the fourth quarter valued at approximately $25,000. High Note Wealth LLC boosted its holdings in Merck & Co., Inc. by 58.9% during the 4th quarter. High Note Wealth LLC now owns 294 shares of the company’s stock worth $31,000 after acquiring an additional 109 shares during the last quarter. Tucker Asset Management LLC purchased a new position in Merck & Co., Inc. during the 4th quarter worth $34,000. Entrust Financial LLC purchased a new position in Merck & Co., Inc. during the 4th quarter worth $37,000. Finally, United Financial Planning Group LLC purchased a new position in Merck & Co., Inc. during the 3rd quarter worth $31,000. Institutional investors own 76.07% of the company’s stock.

Analyst Ratings Changes

A number of equities research analysts have issued reports on MRK shares. Citigroup started coverage on shares of Merck & Co., Inc. in a research report on Wednesday, May 6th. They issued a “neutral” rating and a $125.00 price objective for the company. UBS Group increased their price target on Merck & Co., Inc. from $130.00 to $145.00 and gave the company a “buy” rating in a research report on Monday, April 13th. Barclays started coverage on Merck & Co., Inc. in a research report on Friday, February 20th. They set an “overweight” rating and a $140.00 price target for the company. Wall Street Zen raised Merck & Co., Inc. from a “hold” rating to a “buy” rating in a research report on Saturday. Finally, JPMorgan Chase & Co. increased their price target on Merck & Co., Inc. from $125.00 to $135.00 and gave the company an “overweight” rating in a research report on Monday, April 6th. One analyst has rated the stock with a Strong Buy rating, eleven have issued a Buy rating and seven have assigned a Hold rating to the company’s stock. According to data from MarketBeat, the company currently has an average rating of “Moderate Buy” and a consensus price target of $128.18.

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

Merck & Co., Inc. News Roundup

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

Merck & Co., Inc. Trading Up 0.2%

Shares of MRK opened at $121.05 on Monday. The business has a 50-day moving average of $116.55 and a 200 day moving average of $112.52. Merck & Co., Inc. has a fifty-two week low of $76.66 and a fifty-two week high of $125.14. The firm has a market cap of $298.96 billion, a P/E ratio of 34.10, a price-to-earnings-growth ratio of 2.72 and a beta of 0.21. The company has a debt-to-equity ratio of 1.02, a quick ratio of 1.06 and a current ratio of 1.30.

Merck & Co., Inc. (NYSE:MRKGet Free Report) last announced its quarterly earnings data on Thursday, April 30th. The company reported ($1.28) earnings per share for the quarter, topping the consensus estimate of ($1.47) by $0.19. Merck & Co., Inc. had a return on equity of 27.55% and a net margin of 13.59%.The company had revenue of $16.29 billion during the quarter, compared to analyst estimates of $15.85 billion. During the same quarter last year, the firm posted $2.22 EPS. The firm’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, research analysts forecast that Merck & Co., Inc. will post 5.17 EPS for the current year.

Merck & Co., Inc. Dividend Announcement

The firm also recently declared a quarterly dividend, which will be paid on Wednesday, July 8th. Stockholders of record on Monday, June 15th will be given a $0.85 dividend. The ex-dividend date of this dividend is Monday, June 15th. This represents a $3.40 annualized dividend and a dividend yield of 2.8%. Merck & Co., Inc.’s payout ratio is 95.77%.

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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