Stratos Wealth Partners LTD. Raises Holdings in Merck & Co., Inc. $MRK

Stratos Wealth Partners LTD. grew its holdings in Merck & Co., Inc. (NYSE:MRKFree Report) by 3.3% in the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 196,716 shares of the company’s stock after purchasing an additional 6,291 shares during the period. Stratos Wealth Partners LTD.’s holdings in Merck & Co., Inc. were worth $20,706,000 as of its most recent SEC filing.

Other hedge funds have also recently modified their holdings of the company. Brighton Jones LLC raised its position in Merck & Co., Inc. by 29.5% in the 4th quarter. Brighton Jones LLC now owns 38,278 shares of the company’s stock worth $3,808,000 after buying an additional 8,710 shares during the last quarter. Sivia Capital Partners LLC boosted its holdings in shares of Merck & Co., Inc. by 52.2% during the 2nd quarter. Sivia Capital Partners LLC now owns 11,494 shares of the company’s stock valued at $910,000 after acquiring an additional 3,941 shares during the last quarter. Edgestream Partners L.P. boosted its holdings in shares of Merck & Co., Inc. by 16.7% during the 2nd quarter. Edgestream Partners L.P. now owns 35,207 shares of the company’s stock valued at $2,787,000 after acquiring an additional 5,049 shares during the last quarter. EverSource Wealth Advisors LLC grew its stake in shares of Merck & Co., Inc. by 19.3% in the second quarter. EverSource Wealth Advisors LLC now owns 16,796 shares of the company’s stock worth $1,330,000 after acquiring an additional 2,720 shares during the period. Finally, Kilter Group LLC bought a new stake in shares of Merck & Co., Inc. in the second quarter worth approximately $27,000. Hedge funds and other institutional investors own 76.07% of the company’s stock.

Merck & Co., Inc. Stock Performance

MRK opened at $120.62 on Friday. The company’s 50 day moving average is $117.72 and its 200 day moving average is $103.08. The company has a current ratio of 1.54, a quick ratio of 1.30 and a debt-to-equity ratio of 0.89. The company has a market cap of $298.21 billion, a price-to-earnings ratio of 16.57, a PEG ratio of 2.44 and a beta of 0.26. Merck & Co., Inc. has a 12-month low of $73.31 and a 12-month high of $125.14.

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

Merck & Co., Inc. Dividend Announcement

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

Insider Activity at Merck & Co., Inc.

In other Merck & Co., Inc. news, CEO Robert M. Davis sold 47,434 shares of the business’s stock in a transaction dated Wednesday, February 4th. The stock was sold at an average price of $118.04, for a total transaction of $5,599,109.36. Following the completion of the sale, the chief executive officer owned 443,602 shares of the company’s stock, valued at approximately $52,362,780.08. The trade was a 9.66% 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. Also, CMO Chirfi Guindo sold 20,000 shares of the company’s stock in a transaction dated Thursday, February 5th. The stock was sold at an average price of $121.88, for a total value of $2,437,600.00. Following the completion of the sale, the chief marketing officer owned 80,615 shares of the company’s stock, valued at approximately $9,825,356.20. The trade was a 19.88% decrease in their position. The SEC filing for this sale provides additional information. Insiders sold 320,176 shares of company stock valued at $38,281,735 in the last ninety days. Corporate insiders own 0.13% of the company’s stock.

Analysts Set New Price Targets

A number of research analysts recently weighed in on the stock. Zacks Research upgraded shares of Merck & Co., Inc. from a “strong sell” rating to a “hold” rating in a research report on Tuesday, March 17th. TD Cowen lifted their target price on shares of Merck & Co., Inc. from $100.00 to $120.00 and gave the stock a “hold” rating in a research report on Tuesday, January 20th. BMO Capital Markets upgraded shares of Merck & Co., Inc. from a “market perform” rating to an “outperform” rating and boosted their target price for the company from $82.00 to $130.00 in a research note on Thursday, December 18th. Deutsche Bank Aktiengesellschaft raised Merck & Co., Inc. from a “hold” rating to a “buy” rating and set a $150.00 price target on the stock in a report on Friday, February 13th. Finally, Guggenheim raised their price target on Merck & Co., Inc. from $122.00 to $140.00 and gave the stock a “buy” rating in a research note on Friday, February 6th. One equities research analyst has rated the stock with a Strong Buy rating, ten have given a Buy rating and seven have assigned a Hold rating to the stock. According to MarketBeat.com, Merck & Co., Inc. has an average rating of “Moderate Buy” and a consensus price target of $127.13.

Check Out Our Latest Report on MRK

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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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