Greenspring Advisors LLC purchased a new position in shares of Merck & Co., Inc. (NYSE:MRK – Free Report) during the 4th quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor purchased 7,195 shares of the company’s stock, valued at approximately $757,000.
Several other hedge funds also recently modified their holdings of the business. Kingdom Financial Group LLC. bought a new stake in shares of Merck & Co., Inc. during the 4th quarter worth $25,000. High Note Wealth LLC boosted its holdings in shares of 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 buying an additional 109 shares during the period. Tucker Asset Management LLC bought a new stake in shares of Merck & Co., Inc. during the 4th quarter worth $34,000. Entrust Financial LLC bought a new stake in shares of Merck & Co., Inc. during the 4th quarter worth $37,000. Finally, United Financial Planning Group LLC bought a new stake in shares of Merck & Co., Inc. during the 3rd quarter worth $31,000. Institutional investors and hedge funds own 76.07% of the company’s stock.
Wall Street Analysts Forecast Growth
Several analysts recently issued reports on MRK shares. 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. Barclays started coverage on shares of Merck & Co., Inc. in a report on Friday, February 20th. They set an “overweight” rating and a $140.00 price objective for the company. Citigroup started coverage on shares of Merck & Co., Inc. in a report on Wednesday, May 6th. They set a “neutral” rating and a $125.00 price objective for the company. Wall Street Zen downgraded shares of Merck & Co., Inc. from a “buy” rating to a “hold” rating in a report on Saturday, May 16th. Finally, Guggenheim upped their price objective on shares of Merck & Co., Inc. from $122.00 to $140.00 and gave the stock a “buy” rating in a report on Friday, February 6th. One analyst has rated the stock with a Strong Buy rating, eleven have issued a Buy rating and seven have given a Hold rating to the stock. Based on data from MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and an average target price of $128.18.
Merck & Co., Inc. Price Performance
Shares of Merck & Co., Inc. stock opened at $120.23 on Friday. The company has a debt-to-equity ratio of 1.02, a current ratio of 1.30 and a quick ratio of 1.06. 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 fifty day moving average price of $116.52 and a two-hundred day moving average price of $112.32. The company has a market cap of $296.95 billion, a PE ratio of 33.87, a price-to-earnings-growth ratio of 2.58 and a beta of 0.21.
Merck & Co., Inc. (NYSE:MRK – Get Free Report) last released its quarterly earnings data on Thursday, April 30th. The company reported ($1.28) EPS for the quarter, topping analysts’ consensus estimates of ($1.47) by $0.19. The company had revenue of $16.29 billion during the quarter, compared to the consensus estimate of $15.85 billion. Merck & Co., Inc. had a net margin of 13.59% and a return on equity of 27.55%. The firm’s revenue for the quarter was up 4.9% compared to the same quarter last year. During the same period last year, the firm earned $2.22 EPS. Merck & Co., Inc. has set its FY 2026 guidance at 5.040-5.160 EPS. Analysts expect that Merck & Co., Inc. will post 5.17 EPS for the current year.
Merck & Co., Inc. Dividend Announcement
The firm also recently disclosed a quarterly dividend, which will be paid on Wednesday, July 8th. Stockholders of record on Monday, June 15th will be issued a dividend of $0.85 per share. This represents a $3.40 dividend on an annualized basis and a dividend yield of 2.8%. The ex-dividend date of this dividend is Monday, June 15th. Merck & Co., Inc.’s dividend payout ratio (DPR) 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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