Stratos Wealth Partners LTD. Boosts Stake in Merck & Co., Inc. $MRK

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

Other institutional investors and hedge funds have also recently modified their holdings of the company. Abound Wealth Management increased its position in Merck & Co., Inc. by 6.8% during the 4th quarter. Abound Wealth Management now owns 1,554 shares of the company’s stock valued at $164,000 after purchasing an additional 99 shares during the period. Mattern Wealth Management LLC raised its holdings in Merck & Co., Inc. by 1.7% in the 4th quarter. Mattern Wealth Management LLC now owns 6,033 shares of the company’s stock worth $635,000 after purchasing an additional 100 shares in the last quarter. Pine Haven Investment Counsel Inc lifted its position in shares of Merck & Co., Inc. by 0.7% in the 4th quarter. Pine Haven Investment Counsel Inc now owns 14,137 shares of the company’s stock worth $1,488,000 after purchasing an additional 105 shares during the period. Lake Street Private Wealth LLC lifted its position in shares of Merck & Co., Inc. by 2.1% in the 4th quarter. Lake Street Private Wealth LLC now owns 5,203 shares of the company’s stock worth $548,000 after purchasing an additional 109 shares during the period. Finally, One Charles Private Wealth Services LLC boosted its stake in shares of Merck & Co., Inc. by 3.3% during the 3rd quarter. One Charles Private Wealth Services LLC now owns 3,464 shares of the company’s stock valued at $291,000 after purchasing an additional 111 shares in the last quarter. Hedge funds and other institutional investors own 76.07% of the company’s stock.

Analyst Ratings Changes

Several brokerages recently issued reports on MRK. Barclays initiated coverage on shares of Merck & Co., Inc. in a research report on Friday, February 20th. They set an “overweight” rating and a $140.00 price target on the stock. Royal Bank Of Canada reaffirmed an “outperform” rating and set a $142.00 price objective on shares of Merck & Co., Inc. in a research report on Monday, March 30th. Wolfe Research upgraded Merck & Co., Inc. from a “peer perform” rating to an “outperform” rating and set a $135.00 target price on the stock in a report on Thursday, January 8th. Morgan Stanley increased their target price on Merck & Co., Inc. from $100.00 to $102.00 and gave the stock an “equal weight” rating in a research report on Friday, December 12th. Finally, Wells Fargo & Company raised their target price on Merck & Co., Inc. from $135.00 to $150.00 and gave the company an “overweight” rating in a research note on Thursday, March 12th. One investment analyst has rated the stock with a Strong Buy rating, ten have issued a Buy rating and seven have assigned a Hold rating to the stock. Based on data from MarketBeat.com, Merck & Co., Inc. has a consensus rating of “Moderate Buy” and a consensus price target of $127.13.

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

Merck & Co., Inc. Trading Down 0.2%

Shares of NYSE MRK opened at $120.62 on Friday. Merck & Co., Inc. has a 1 year low of $73.31 and a 1 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 1.30. The firm has a 50-day moving average of $117.72 and a 200 day moving average of $103.08. The stock has a market cap of $298.21 billion, a P/E ratio of 16.57, a price-to-earnings-growth ratio of 2.44 and a beta of 0.26.

Merck & Co., Inc. (NYSE:MRKGet Free Report) last released 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. Merck & Co., Inc. had a net margin of 28.08% and a return on equity of 44.57%. The firm had revenue of $16.40 billion during the quarter, compared to analyst estimates of $16.19 billion. During the same period last year, the business earned $1.72 earnings per share. The business’s revenue was up 5.0% on a year-over-year basis. Merck & Co., Inc. has set its FY 2026 guidance at 5.000-5.150 EPS. As a group, sell-side analysts expect that Merck & Co., Inc. will post 9.01 EPS for the current fiscal year.

Merck & Co., Inc. Dividend Announcement

The business also recently declared a quarterly dividend, which will be paid on Tuesday, April 7th. Stockholders of record on Monday, March 16th will be issued a dividend of $0.85 per share. 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 (DPR) is presently 46.70%.

Trending Headlines about Merck & Co., Inc.

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Insider Activity

In related news, EVP Jennifer Zachary sold 121,573 shares of the 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 sale, the executive vice president directly owned 68,916 shares of the company’s stock, valued at approximately $8,211,341.40. This represents a 63.82% decrease in their position. The sale was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Also, CMO Chirfi Guindo sold 20,000 shares of the firm’s stock in a transaction dated Thursday, February 5th. The shares were sold at an average price of $121.88, for a total transaction of $2,437,600.00. Following the sale, the chief marketing officer owned 80,615 shares of the company’s stock, valued at approximately $9,825,356.20. This represents a 19.88% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Over the last three months, insiders sold 320,176 shares of company stock valued at $38,281,735. 0.13% of the stock is currently owned by insiders.

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.

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

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