Trust Co of Kansas Lowers Stake in Merck & Co., Inc. $MRK

Trust Co of Kansas decreased its holdings in Merck & Co., Inc. (NYSE:MRKFree Report) by 10.7% during the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund owned 70,164 shares of the company’s stock after selling 8,414 shares during the quarter. Merck & Co., Inc. accounts for about 3.4% of Trust Co of Kansas’ investment portfolio, making the stock its 10th largest position. Trust Co of Kansas’ holdings in Merck & Co., Inc. were worth $7,385,000 at the end of the most recent quarter.

Other large investors also recently added to or reduced their stakes in the company. Kingdom Financial Group LLC. bought a new position in Merck & Co., Inc. in the fourth quarter worth approximately $25,000. High Note Wealth LLC grew its position 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 valued at $31,000 after acquiring an additional 109 shares during the period. Tucker Asset Management LLC purchased a new stake in shares of Merck & Co., Inc. in the 4th quarter worth $34,000. Entrust Financial LLC purchased a new stake in shares of Merck & Co., Inc. in the 4th quarter worth $37,000. Finally, United Financial Planning Group LLC bought a new position in Merck & Co., Inc. in the 3rd quarter worth $31,000. 76.07% of the stock is currently owned by institutional investors.

Analysts Set New Price Targets

Several equities analysts recently weighed in on the company. JPMorgan Chase & Co. lifted their target price on Merck & Co., Inc. from $125.00 to $135.00 and gave the company an “overweight” rating in a research report on Monday, April 6th. Royal Bank Of Canada reaffirmed an “outperform” rating and issued a $142.00 price objective on shares of Merck & Co., Inc. in a research note on Monday, March 30th. Wells Fargo & Company lowered their price objective on Merck & Co., Inc. from $150.00 to $145.00 and set an “overweight” rating on the stock in a research report on Friday, May 1st. Barclays began coverage on Merck & Co., Inc. in a research note on Friday, February 20th. They set an “overweight” rating and a $140.00 price objective for the company. Finally, UBS Group increased their target price on shares of Merck & Co., Inc. from $130.00 to $145.00 and gave the stock a “buy” rating in a report on Monday, April 13th. One equities research 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 company presently has a consensus rating of “Moderate Buy” and a consensus price target of $128.18.

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

More Merck & Co., Inc. News

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Merck & Co., Inc. Stock Performance

MRK opened at $121.05 on Monday. The company has a debt-to-equity ratio of 1.02, a quick ratio of 1.06 and a current ratio of 1.30. The stock 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 fifty day moving average of $116.55 and a 200 day moving average of $112.52. Merck & Co., Inc. has a fifty-two week low of $76.66 and a fifty-two week high of $125.14.

Merck & Co., Inc. (NYSE:MRKGet Free Report) last announced its quarterly earnings results on Thursday, April 30th. The company reported ($1.28) EPS for the quarter, topping the consensus estimate of ($1.47) by $0.19. Merck & Co., Inc. had a net margin of 13.59% and a return on equity of 27.55%. The business had revenue of $16.29 billion for the quarter, compared to analysts’ expectations of $15.85 billion. During the same quarter in the previous year, the company earned $2.22 EPS. The business’s quarterly revenue was up 4.9% compared to the same quarter last year. Merck & Co., Inc. has set its FY 2026 guidance at 5.040-5.160 EPS. As a group, sell-side analysts forecast that Merck & Co., Inc. will post 5.17 earnings per share for the current fiscal year.

Merck & Co., Inc. Announces Dividend

The company also recently declared a quarterly dividend, which will be paid on Wednesday, July 8th. Investors of record on Monday, June 15th will be paid a dividend of $0.85 per share. The ex-dividend date of this dividend is Monday, June 15th. This represents a $3.40 dividend on an annualized basis and a yield of 2.8%. Merck & Co., Inc.’s dividend payout ratio is presently 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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