Next Level Private LLC cut its stake in shares of Merck & Co., Inc. (NYSE:MRK – Free 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.
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:MRK – Get 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
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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