River Wealth Advisors LLC Raises Stake in Merck & Co., Inc. $MRK

River Wealth Advisors LLC increased its holdings in shares of Merck & Co., Inc. (NYSE:MRKFree Report) by 24.1% during the 3rd quarter, HoldingsChannel reports. The fund owned 81,924 shares of the company’s stock after buying an additional 15,906 shares during the period. River Wealth Advisors LLC’s holdings in Merck & Co., Inc. were worth $6,876,000 as of its most recent SEC filing.

Other institutional investors and hedge funds have also made changes to their positions in the company. Darwin Wealth Management LLC boosted its position in shares of Merck & Co., Inc. by 237.4% in the 3rd quarter. Darwin Wealth Management LLC now owns 307 shares of the company’s stock worth $26,000 after purchasing an additional 216 shares in the last quarter. Kilter Group LLC purchased a new position in Merck & Co., Inc. during the second quarter valued at $27,000. Barnes Dennig Private Wealth Management LLC boosted its holdings in Merck & Co., Inc. by 302.3% in the third quarter. Barnes Dennig Private Wealth Management LLC now owns 354 shares of the company’s stock worth $30,000 after acquiring an additional 266 shares in the last quarter. Bare Financial Services Inc grew its stake in shares of Merck & Co., Inc. by 51.9% in the second quarter. Bare Financial Services Inc now owns 366 shares of the company’s stock worth $29,000 after acquiring an additional 125 shares during the last quarter. Finally, Evolution Wealth Management Inc. purchased a new stake in shares of Merck & Co., Inc. in the second quarter worth $31,000. Institutional investors own 76.07% of the company’s stock.

Merck & Co., Inc. News Roundup

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

Merck & Co., Inc. Stock Performance

Shares of NYSE MRK opened at $123.45 on Friday. The firm’s 50-day moving average price is $112.93 and its 200-day moving average price is $97.39. Merck & Co., Inc. has a 52-week low of $73.31 and a 52-week high of $125.14. The company has a market cap of $305.22 billion, a PE ratio of 16.96, a PEG ratio of 2.40 and a beta of 0.28. The company has a quick ratio of 1.44, a current ratio of 1.54 and a debt-to-equity ratio of 0.89.

Merck & Co., Inc. (NYSE:MRKGet Free Report) last issued its quarterly earnings data on Tuesday, February 3rd. The company reported $2.04 earnings per share for the quarter, beating analysts’ consensus estimates 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 company had revenue of $16.40 billion for the quarter, compared to the consensus estimate of $16.19 billion. During the same quarter in the prior year, the firm earned $1.72 earnings per share. The firm’s revenue for the quarter was up 5.0% compared to the same quarter last year. Merck & Co., Inc. has set its FY 2026 guidance at 5.000-5.150 EPS. As a group, analysts anticipate that Merck & Co., Inc. will post 9.01 EPS for the current year.

Merck & Co., Inc. Dividend Announcement

The company also recently declared 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. This represents a $3.40 dividend on an annualized basis and a dividend yield of 2.8%. The ex-dividend date is Monday, March 16th. Merck & Co., Inc.’s dividend payout ratio (DPR) is 46.70%.

Analysts Set New Price Targets

A number of equities analysts recently issued reports on MRK shares. BMO Capital Markets upgraded shares of Merck & Co., Inc. from a “market perform” rating to an “outperform” rating and upped their price target for the stock from $82.00 to $130.00 in a research note on Thursday, December 18th. Wells Fargo & Company lifted their target price on shares of Merck & Co., Inc. from $125.00 to $135.00 and gave the stock an “overweight” rating in a report on Wednesday, February 4th. Morgan Stanley upped their target price on shares of Merck & Co., Inc. from $100.00 to $102.00 and gave the stock an “equal weight” rating in a research note on Friday, December 12th. Wolfe Research raised shares of Merck & Co., Inc. from a “peer perform” rating to an “outperform” rating and set a $135.00 price target for the company in a research report on Thursday, January 8th. Finally, Zacks Research lowered shares of Merck & Co., Inc. from a “hold” rating to a “strong sell” rating in a report on Friday, January 9th. One analyst has rated the stock with a Strong Buy rating, ten have issued a Buy rating, six have issued a Hold rating and one has issued a Sell rating to the company’s stock. According to data from MarketBeat.com, the company currently has an average rating of “Moderate Buy” and a consensus target price of $125.88.

Read Our Latest Stock Report on MRK

Insider Transactions at Merck & Co., Inc.

In other Merck & Co., Inc. news, CEO Robert M. Davis sold 47,434 shares of the firm’s stock in a transaction dated Wednesday, February 4th. The stock was sold at an average price of $118.04, for a total value of $5,599,109.36. Following the transaction, the chief executive officer directly owned 443,602 shares of the company’s stock, valued at approximately $52,362,780.08. This trade represents a 9.66% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Also, 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 value of $14,485,422.95. Following the sale, the executive vice president owned 68,916 shares of the company’s stock, valued at approximately $8,211,341.40. This represents a 63.82% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Over the last quarter, insiders sold 320,176 shares of company stock worth $38,281,735. Company insiders own 0.13% of the company’s stock.

Merck & Co., Inc. Company 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.

Further Reading

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

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