SS&H Financial Advisors Inc. Buys 12,200 Shares of Merck & Co., Inc. $MRK

SS&H Financial Advisors Inc. increased its position in Merck & Co., Inc. (NYSE:MRKFree Report) by 23.0% in the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 65,293 shares of the company’s stock after buying an additional 12,200 shares during the period. Merck & Co., Inc. accounts for approximately 2.0% of SS&H Financial Advisors Inc.’s investment portfolio, making the stock its 11th biggest holding. SS&H Financial Advisors Inc.’s holdings in Merck & Co., Inc. were worth $6,873,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors have also added to or reduced their stakes in the company. DLD Asset Management LP boosted its holdings in Merck & Co., Inc. by 30.1% in the third quarter. DLD Asset Management LP now owns 47,500,000 shares of the company’s stock worth $3,986,675,000 after acquiring an additional 11,000,000 shares in the last quarter. Legal & General Group Plc increased its holdings in shares of Merck & Co., Inc. by 5.9% during the third quarter. Legal & General Group Plc now owns 20,659,157 shares of the company’s stock valued at $1,733,923,000 after acquiring an additional 1,156,112 shares in the last quarter. Invesco Ltd. raised its position in shares of Merck & Co., Inc. by 16.6% during the third quarter. Invesco Ltd. now owns 19,844,936 shares of the company’s stock worth $1,665,585,000 after purchasing an additional 2,821,766 shares during the period. Amundi raised its position in shares of Merck & Co., Inc. by 26.4% during the second quarter. Amundi now owns 16,532,657 shares of the company’s stock worth $1,363,480,000 after purchasing an additional 3,454,941 shares during the period. Finally, Ameriprise Financial Inc. lifted its holdings in shares of Merck & Co., Inc. by 20.7% in the 3rd quarter. Ameriprise Financial Inc. now owns 15,933,909 shares of the company’s stock worth $1,336,877,000 after purchasing an additional 2,735,459 shares in the last quarter. 76.07% of the stock is owned by institutional investors.

Insider Transactions at Merck & Co., Inc.

In related news, EVP Jennifer Zachary sold 121,573 shares of the business’s stock in a transaction dated Monday, February 9th. The shares were sold at an average price of $119.15, for a total transaction of $14,485,422.95. Following the transaction, the executive vice president directly owned 68,916 shares in the company, valued at approximately $8,211,341.40. The trade was a 63.82% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. Also, insider Johannes Jacobus Oosthuizen sold 15,000 shares of the company’s stock in a transaction dated Friday, February 6th. The stock was sold at an average price of $121.87, for a total transaction of $1,828,050.00. Following the completion of the sale, the insider directly owned 21,197 shares of the company’s stock, valued at $2,583,278.39. The trade was a 41.44% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Over the last 90 days, insiders have sold 320,176 shares of company stock worth $38,281,735. 0.13% of the stock is owned by insiders.

Merck & Co., Inc. News Roundup

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

Wall Street Analysts Forecast Growth

Several analysts recently issued reports on the stock. Bank of America lifted their price target on shares of Merck & Co., Inc. from $105.00 to $120.00 and gave the company a “buy” rating in a research report on Monday, December 15th. Wells Fargo & Company upped their price objective on shares of Merck & Co., Inc. from $135.00 to $150.00 and gave the stock an “overweight” rating in a report on Thursday, March 12th. Guggenheim raised their price objective on shares of Merck & Co., Inc. from $122.00 to $140.00 and gave the company a “buy” rating in a research note on Friday, February 6th. Citigroup lifted their price objective on shares of Merck & Co., Inc. from $120.00 to $125.00 and gave the company a “neutral” rating in a report on Friday, March 20th. Finally, BMO Capital Markets raised shares of Merck & Co., Inc. from a “market perform” rating to an “outperform” rating and boosted their target price for the stock from $82.00 to $130.00 in a research report on Thursday, December 18th. One analyst has rated the stock with a Strong Buy rating, ten have assigned a Buy rating and seven have given a Hold rating to the company’s stock. According to MarketBeat, Merck & Co., Inc. has an average rating of “Moderate Buy” and an average target price of $127.13.

Get Our Latest Analysis on MRK

Merck & Co., Inc. Stock Down 0.2%

MRK stock opened at $120.62 on Friday. The firm has a market capitalization of $298.21 billion, a PE ratio of 16.57, a P/E/G ratio of 2.44 and a beta of 0.26. The company has a quick ratio of 1.30, a current ratio of 1.54 and a debt-to-equity ratio of 0.89. Merck & Co., Inc. has a twelve month low of $73.31 and a twelve month high of $125.14. The stock’s 50 day moving average is $117.72 and its 200-day moving average is $103.08.

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

Merck & Co., Inc. Announces Dividend

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

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.

Further Reading

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

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