Next Level Private LLC Has $1.45 Million Stake in Merck & Co., Inc. $MRK

Next Level Private LLC cut its stake in shares of Merck & Co., Inc. (NYSE:MRKFree Report) by 37.8% during the third quarter, HoldingsChannel.com reports. The firm owned 16,337 shares of the company’s stock after selling 9,915 shares during the period. Next Level Private LLC’s holdings in Merck & Co., Inc. were worth $1,451,000 as of its most recent SEC filing.

A number of other hedge funds have also modified their holdings of MRK. Legend Financial Advisors Inc. acquired a new stake in Merck & Co., Inc. in the second quarter valued at approximately $25,000. Darwin Wealth Management LLC lifted its position in shares of Merck & Co., Inc. by 237.4% during the 3rd quarter. Darwin Wealth Management LLC now owns 307 shares of the company’s stock worth $26,000 after purchasing an additional 216 shares during the last quarter. Kilter Group LLC acquired a new stake in shares of Merck & Co., Inc. in the second quarter worth $27,000. Bare Financial Services Inc raised its position in shares of Merck & Co., Inc. by 51.9% during the second quarter. Bare Financial Services Inc now owns 366 shares of the company’s stock valued at $29,000 after buying an additional 125 shares during the last quarter. Finally, Barnes Dennig Private Wealth Management LLC grew its holdings in shares of Merck & Co., Inc. by 302.3% during the 3rd quarter. Barnes Dennig Private Wealth Management LLC now owns 354 shares of the company’s stock worth $30,000 after purchasing an additional 266 shares in the last quarter. 76.07% of the stock is owned by institutional investors and hedge funds.

Wall Street Analyst Weigh In

A number of analysts recently weighed in on the stock. Deutsche Bank Aktiengesellschaft upped their target price on shares of Merck & Co., Inc. from $110.00 to $111.00 and gave the company a “hold” rating in a research note on Tuesday, November 18th. BMO Capital Markets upgraded shares of Merck & Co., Inc. from a “market perform” rating to an “outperform” rating and raised their price objective for the company from $82.00 to $130.00 in a research report on Thursday, December 18th. Wells Fargo & Company upgraded Merck & Co., Inc. from an “equal weight” rating to an “overweight” rating and raised their price target for the company from $90.00 to $125.00 in a report on Monday, November 24th. The Goldman Sachs Group increased their price target on Merck & Co., Inc. from $92.00 to $120.00 and gave the company a “buy” rating in a research note on Tuesday, December 2nd. Finally, Weiss Ratings restated a “hold (c)” rating on shares of Merck & Co., Inc. in a report on Monday, December 29th. Nine analysts have rated the stock with a Buy rating, seven have issued a Hold rating and one has issued a Sell rating to the stock. Based on data from MarketBeat.com, the company has an average rating of “Hold” and an average target price of $113.25.

Check Out Our Latest Research Report on Merck & Co., Inc.

Insider Buying and Selling at Merck & Co., Inc.

In other news, EVP David Michael Williams sold 8,614 shares of the business’s stock in a transaction dated Monday, November 3rd. The stock was sold at an average price of $83.59, for a total transaction of $720,044.26. Following the sale, the executive vice president directly owned 24,578 shares in the company, valued at approximately $2,054,475.02. The trade was a 25.95% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is accessible through the SEC website. Insiders own 0.13% of the company’s stock.

Trending Headlines about Merck & Co., Inc.

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

  • Positive Sentiment: UBS raised its price target on MRK to $130 and kept a “buy” rating, signaling meaningful upside and lending near-term buy-side conviction. UBS Forecasts Strong Price Appreciation for Merck
  • Positive Sentiment: Reports that Merck is in talks to acquire cancer biotech Revolution Medicines (FT/Reuters) have been interpreted as strategic M&A that could expand Merck’s oncology pipeline and revenue optionality. Merck in talks to buy Revolution Medicines
  • Positive Sentiment: Analyst upgrades continue: Wolfe Research moved MRK from “peer perform” to “outperform” with a $135 target, reinforcing the bullish analyst momentum that supports higher valuations. Analyst upgrade coverage
  • Neutral Sentiment: Citigroup raised its price target (to $110) but maintained a “neutral” rating — a modest tweak that offers limited directional guidance compared with the UBS/Wolfe moves. Citigroup Forecasts for Merck
  • Neutral Sentiment: Analyst roundup and positive coverage pieces (e.g., Benzinga’s 10-analyst summary, Zacks growth-feature) are increasing attention on MRK but largely echo the same drivers: pipeline strength, strong cash flows and health-care sector tailwinds. Analysts share their views
  • Negative Sentiment: Regulatory/public-health risk: Merck urged any U.S. childhood immunization schedule changes be science-led after the CDC trimmed some universally recommended shots — a development that could introduce uncertainty for vaccine uptake and revenue if recommendations shift. Merck urges science-led vaccine schedule

Merck & Co., Inc. Trading Up 2.1%

MRK stock opened at $110.91 on Friday. Merck & Co., Inc. has a one year low of $73.31 and a one year high of $112.90. The stock has a market cap of $275.27 billion, a price-to-earnings ratio of 14.65, a price-to-earnings-growth ratio of 1.11 and a beta of 0.29. The company has a fifty day moving average price of $99.11 and a two-hundred day moving average price of $88.77. The company has a debt-to-equity ratio of 0.77, a current ratio of 1.66 and a quick ratio of 1.44.

Merck & Co., Inc. (NYSE:MRKGet Free Report) last issued its quarterly earnings data on Tuesday, February 3rd. The company reported $1.94 EPS for the quarter, missing analysts’ consensus estimates of $2.08 by ($0.14). Merck & Co., Inc. had a net margin of 29.63% and a return on equity of 44.54%. Equities analysts anticipate that Merck & Co., Inc. will post 9.01 EPS for the current year.

Merck & Co., Inc. Increases Dividend

The business also recently declared a quarterly dividend, which was paid on Thursday, January 8th. Stockholders of record on Monday, December 15th were paid a $0.85 dividend. This represents a $3.40 dividend on an annualized basis and a dividend yield of 3.1%. The ex-dividend date was Monday, December 15th. This is an increase from Merck & Co., Inc.’s previous quarterly dividend of $0.81. Merck & Co., Inc.’s dividend payout ratio is 44.91%.

Merck & Co., Inc. 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.

See Also

Want to see what other hedge funds are holding MRK? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Merck & Co., Inc. (NYSE:MRKFree Report).

Institutional Ownership by Quarter for Merck & Co., Inc. (NYSE:MRK)

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