Capital Research Global Investors Sells 198,473 Shares of Merck & Co., Inc. $MRK

Capital Research Global Investors lessened its position in shares of Merck & Co., Inc. (NYSE:MRKFree Report) by 8.6% in the 4th quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 2,112,142 shares of the company’s stock after selling 198,473 shares during the quarter. Capital Research Global Investors’ holdings in Merck & Co., Inc. were worth $222,324,000 as of its most recent SEC filing.

Several other large investors have also recently modified their holdings of MRK. Norges Bank bought a new position in shares of Merck & Co., Inc. during the 4th quarter worth approximately $3,997,933,000. DLD Asset Management LP increased its stake in Merck & Co., Inc. by 30.1% during the 3rd quarter. DLD Asset Management LP now owns 47,500,000 shares of the company’s stock valued at $3,986,675,000 after purchasing an additional 11,000,000 shares in the last quarter. Jennison Associates LLC acquired a new position in Merck & Co., Inc. during the 4th quarter valued at approximately $585,192,000. Invesco Ltd. increased its stake in Merck & Co., Inc. by 16.6% during the 3rd quarter. Invesco Ltd. now owns 19,844,936 shares of the company’s stock valued at $1,665,585,000 after purchasing an additional 2,821,766 shares in the last quarter. Finally, Ameriprise Financial Inc. increased its stake in Merck & Co., Inc. by 20.7% during the 3rd quarter. Ameriprise Financial Inc. now owns 15,933,909 shares of the company’s stock valued at $1,336,877,000 after purchasing an additional 2,735,459 shares in the last quarter. Institutional investors own 76.07% of the company’s stock.

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Wall Street Analyst Weigh In

A number of research analysts have issued reports on MRK shares. Citigroup started 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. 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. Royal Bank Of Canada restated an “outperform” rating and set a $142.00 price target on shares of Merck & Co., Inc. in a research note on Monday, March 30th. Deutsche Bank Aktiengesellschaft upgraded shares of Merck & Co., Inc. from a “hold” rating to a “buy” rating and set a $150.00 price target on the stock in a research note on Friday, February 13th. Finally, Zacks Research upgraded shares of Merck & Co., Inc. from a “strong sell” rating to a “hold” rating in a research note on Tuesday, March 17th. One analyst has rated the stock with a Strong Buy rating, eleven have issued a Buy rating and seven have issued a Hold rating to the company’s stock. Based on data from MarketBeat.com, the company presently has an average rating of “Moderate Buy” and an average price target of $128.18.

Get Our Latest Stock Analysis on Merck & Co., Inc.

Merck & Co., Inc. Trading Up 0.2%

Shares of Merck & Co., Inc. stock opened at $121.05 on Monday. The firm’s 50 day simple moving average is $116.55 and its two-hundred day simple moving average is $112.52. The firm has a market capitalization of $298.96 billion, a price-to-earnings ratio of 34.10, a PEG ratio of 2.72 and a beta of 0.21. The company has a current ratio of 1.30, a quick ratio of 1.06 and a debt-to-equity ratio of 1.02. Merck & Co., Inc. has a 12-month low of $76.66 and a 12-month high of $125.14.

Merck & Co., Inc. (NYSE:MRKGet Free Report) last released its quarterly earnings data on Thursday, April 30th. The company reported ($1.28) EPS for the quarter, beating the consensus estimate of ($1.47) by $0.19. The business had revenue of $16.29 billion for 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 business’s revenue for the quarter was up 4.9% on a year-over-year basis. During the same period in the prior year, the firm earned $2.22 EPS. Merck & Co., Inc. has set its FY 2026 guidance at 5.040-5.160 EPS. Analysts predict that Merck & Co., Inc. will post 5.17 EPS for the current year.

Merck & Co., Inc. Announces Dividend

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 $0.85 dividend. This represents a $3.40 annualized dividend 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 is 95.77%.

About Merck & Co., Inc.

(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.

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

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