Epoch Investment Partners Inc. lifted its position in shares of Merck & Co., Inc. (NYSE:MRK – Free Report) by 2.5% during the fourth quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 710,451 shares of the company’s stock after acquiring an additional 17,339 shares during the quarter. Epoch Investment Partners Inc.’s holdings in Merck & Co., Inc. were worth $74,782,000 at the end of the most recent quarter.
A number of other institutional investors and hedge funds have also made changes to their positions in MRK. Norges Bank acquired a new position in shares of Merck & Co., Inc. during the fourth quarter worth about $3,997,933,000. DLD Asset Management LP increased its stake in shares of Merck & Co., Inc. by 30.1% during the third quarter. DLD Asset Management LP now owns 47,500,000 shares of the company’s stock worth $3,986,675,000 after acquiring an additional 11,000,000 shares during the period. Cardano Risk Management B.V. acquired a new position in shares of Merck & Co., Inc. during the fourth quarter worth about $1,012,530,000. Jennison Associates LLC acquired a new position in shares of Merck & Co., Inc. during the fourth quarter worth about $585,192,000. Finally, Marshall Wace LLP increased its stake in shares of Merck & Co., Inc. by 985.4% during the fourth quarter. Marshall Wace LLP now owns 3,969,469 shares of the company’s stock worth $417,826,000 after acquiring an additional 3,603,769 shares during the period. 76.07% of the stock is currently owned by institutional investors and hedge funds.
Merck & Co., Inc. Trading Down 1.4%
Shares of MRK opened at $119.05 on Friday. The company has a current ratio of 1.30, a quick ratio of 1.06 and a debt-to-equity ratio of 1.02. The firm’s 50-day moving average is $116.55 and its two-hundred day moving average is $113.23. Merck & Co., Inc. has a twelve month low of $76.66 and a twelve month high of $125.14. The firm has a market capitalization of $294.04 billion, a P/E ratio of 33.54, a PEG ratio of 2.68 and a beta of 0.21.
Merck & Co., Inc. Announces Dividend
The business also recently announced a quarterly dividend, which will be paid on Wednesday, July 8th. Shareholders of record on Monday, June 15th will be given a dividend of $0.85 per share. This represents a $3.40 annualized dividend and a yield of 2.9%. The ex-dividend date is Monday, June 15th. Merck & Co., Inc.’s dividend payout ratio is presently 95.77%.
Key Headlines Impacting Merck & Co., Inc.
Here are the key news stories impacting Merck & Co., Inc. this week:
- Positive Sentiment: Merck Animal Health announced a definitive agreement to acquire TARGAN, a poultry biodevice company, which could strengthen Merck’s animal health division and broaden its technology-driven growth opportunities. Merck Animal Health to Acquire TARGAN
- Positive Sentiment: Merck saw unusually heavy call option buying, with traders purchasing 170,441 calls, a sharp jump versus normal volume that often signals bullish expectations from sophisticated investors.
- Positive Sentiment: Wells Fargo reiterated a buy rating on Merck, while another article highlighted that Wall Street’s overall bullish view continues to keep MRK on investors’ radar.
- Neutral Sentiment: Merck has also been featured in broader market commentary and “most searched” lists, suggesting rising attention rather than a new fundamental catalyst.
- Neutral Sentiment: One article noted Merck’s recent trading uptick but said it lagged the broader market, indicating modest price strength rather than a major breakout. Merck (MRK) Rises Yet Lags Behind Market: Some Facts Worth Knowing
Wall Street Analysts Forecast Growth
A number of brokerages have recently issued reports on MRK. Citigroup began coverage on shares of Merck & Co., Inc. in a research note on Wednesday, May 6th. They set a “neutral” rating and a $125.00 price target on the stock. Royal Bank Of Canada reiterated an “outperform” rating and set a $142.00 price target on shares of Merck & Co., Inc. in a research note on Monday, March 30th. Weiss Ratings lowered shares of Merck & Co., Inc. from a “hold (c+)” rating to a “hold (c)” rating in a research note 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 stock a “buy” rating in a research note on Monday, April 13th. Finally, Barclays began 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 on the stock. One investment 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.com, the company currently has an average rating of “Moderate Buy” and a consensus price target of $128.18.
Get Our Latest Report on Merck & Co., Inc.
About Merck & Co., Inc.
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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