River Wealth Advisors LLC Boosts Stock Position in Merck & Co., Inc. $MRK

River Wealth Advisors LLC grew its position in shares of Merck & Co., Inc. (NYSE:MRKFree Report) by 24.1% during the 3rd quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund owned 81,924 shares of the company’s stock after purchasing an additional 15,906 shares during the quarter. River Wealth Advisors LLC’s holdings in Merck & Co., Inc. were worth $6,876,000 as of its most recent SEC filing.

A number of other large investors also recently modified their holdings of MRK. DLD Asset Management LP bought a new stake in shares of Merck & Co., Inc. in the 2nd quarter worth approximately $2,889,340,000. Norges Bank purchased a new position in Merck & Co., Inc. in the 2nd quarter worth $2,858,570,000. Franklin Resources Inc. raised its position in Merck & Co., Inc. by 23.5% in the 2nd quarter. Franklin Resources Inc. now owns 27,032,601 shares of the company’s stock worth $2,139,901,000 after purchasing an additional 5,135,748 shares during the period. Arrowstreet Capital Limited Partnership lifted its stake in Merck & Co., Inc. by 35.5% in the second quarter. Arrowstreet Capital Limited Partnership now owns 19,456,096 shares of the company’s stock worth $1,540,145,000 after purchasing an additional 5,094,088 shares during the last quarter. Finally, Charles Schwab Investment Management Inc. boosted its position in Merck & Co., Inc. by 9.4% during the second quarter. Charles Schwab Investment Management Inc. now owns 53,865,466 shares of the company’s stock valued at $4,263,991,000 after buying an additional 4,636,183 shares during the period. 76.07% of the stock is owned by hedge funds and other institutional investors.

Insider Transactions at Merck & Co., Inc.

In related news, EVP Richard R. Deluca sold 37,685 shares of the business’s stock in a transaction dated Friday, February 6th. The shares were sold at an average price of $120.92, for a total transaction of $4,556,870.20. Following the transaction, the executive vice president owned 160,174 shares in the company, valued at $19,368,240.08. The trade was a 19.05% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink. Also, insider Johannes Jacobus Oosthuizen sold 15,000 shares of the company’s stock in a transaction that occurred on Friday, February 6th. The stock was sold at an average price of $121.87, for a total value of $1,828,050.00. Following the transaction, the insider owned 21,197 shares in the company, valued at $2,583,278.39. This trade represents a 41.44% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. In the last 90 days, insiders sold 320,176 shares of company stock worth $38,281,735. 0.13% of the stock is owned by corporate insiders.

Analyst Ratings Changes

MRK has been the topic of several analyst reports. Guggenheim lifted their price objective on Merck & Co., Inc. from $122.00 to $140.00 and gave the stock a “buy” rating in a report on Friday, February 6th. Weiss Ratings restated a “hold (c)” rating on shares of Merck & Co., Inc. in a research report on Monday, December 29th. TD Cowen lifted their price target on Merck & Co., Inc. from $100.00 to $120.00 and gave the stock a “hold” rating in a research note on Tuesday, January 20th. BMO Capital Markets raised Merck & Co., Inc. from a “market perform” rating to an “outperform” rating and increased their price objective for the company from $82.00 to $130.00 in a research note on Thursday, December 18th. Finally, Bank of America raised their target price on shares of Merck & Co., Inc. from $105.00 to $120.00 and gave the stock a “buy” rating in a report on Monday, December 15th. One research analyst has rated the stock with a Strong Buy rating, ten have assigned a Buy rating, six have given a Hold rating and one has assigned a Sell rating to the company. Based on data from MarketBeat.com, Merck & Co., Inc. presently has a consensus rating of “Moderate Buy” and an average target price of $125.88.

Get Our Latest Research Report on Merck & Co., Inc.

Merck & Co., Inc. Trading Up 3.5%

MRK opened at $123.45 on Friday. Merck & Co., Inc. has a one year low of $73.31 and a one year high of $125.14. The company has a debt-to-equity ratio of 0.89, a current ratio of 1.54 and a quick ratio of 1.44. The business has a 50 day simple moving average of $112.93 and a two-hundred day simple moving average of $97.39. The firm has a market capitalization of $305.22 billion, a price-to-earnings ratio of 16.96, a PEG ratio of 2.40 and a beta of 0.28.

Merck & Co., Inc. (NYSE:MRKGet Free Report) last posted its earnings results on Tuesday, February 3rd. The company reported $2.04 earnings per share (EPS) for the quarter, beating the consensus estimate of $2.01 by $0.03. The firm had revenue of $16.40 billion for the quarter, compared to analysts’ expectations of $16.19 billion. Merck & Co., Inc. had a return on equity of 44.57% and a net margin of 28.08%.The business’s revenue was up 5.0% compared to the same quarter last year. During the same period in the previous year, the firm earned $1.72 earnings per share. Merck & Co., Inc. has set its FY 2026 guidance at 5.000-5.150 EPS. Analysts predict that Merck & Co., Inc. will post 9.01 EPS for the current year.

Merck & Co., Inc. Dividend Announcement

The business also recently disclosed a quarterly dividend, which will be paid on Tuesday, April 7th. Shareholders of record on Monday, March 16th will be issued a $0.85 dividend. The ex-dividend date is Monday, March 16th. This represents a $3.40 annualized dividend and a yield of 2.8%. Merck & Co., Inc.’s dividend payout ratio is 46.70%.

Key Headlines Impacting Merck & Co., Inc.

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

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.

Further Reading

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

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