Bill Few Associates Inc. Has $1.02 Million Stock Holdings in Merck & Co., Inc. $MRK

Bill Few Associates Inc. trimmed its position in shares of Merck & Co., Inc. (NYSE:MRKFree Report) by 1.7% in the 2nd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 12,832 shares of the company’s stock after selling 228 shares during the period. Bill Few Associates Inc.’s holdings in Merck & Co., Inc. were worth $1,016,000 as of its most recent filing with the Securities and Exchange Commission.

Other hedge funds and other institutional investors have also modified their holdings of the company. Little House Capital LLC raised its holdings in shares of Merck & Co., Inc. by 1.2% during the second quarter. Little House Capital LLC now owns 25,236 shares of the company’s stock worth $1,998,000 after acquiring an additional 308 shares in the last quarter. Semus Wealth Partners LLC raised its holdings in shares of Merck & Co., Inc. by 8.2% during the first quarter. Semus Wealth Partners LLC now owns 5,039 shares of the company’s stock worth $452,000 after acquiring an additional 382 shares in the last quarter. Longfellow Investment Management Co. LLC raised its holdings in shares of Merck & Co., Inc. by 20.4% during the first quarter. Longfellow Investment Management Co. LLC now owns 19,376 shares of the company’s stock worth $1,739,000 after acquiring an additional 3,282 shares in the last quarter. Quilter Plc raised its holdings in shares of Merck & Co., Inc. by 5.6% during the first quarter. Quilter Plc now owns 1,180,797 shares of the company’s stock worth $105,988,000 after acquiring an additional 62,933 shares in the last quarter. Finally, MEAG MUNICH ERGO Kapitalanlagegesellschaft mbH raised its holdings in shares of Merck & Co., Inc. by 9.8% during the second quarter. MEAG MUNICH ERGO Kapitalanlagegesellschaft mbH now owns 888,415 shares of the company’s stock worth $70,327,000 after acquiring an additional 79,529 shares in the last quarter. 76.07% of the stock is currently owned by hedge funds and other institutional investors.

Analyst Upgrades and Downgrades

Several equities analysts have weighed in on the company. Weiss Ratings restated a “hold (c-)” rating on shares of Merck & Co., Inc. in a report on Wednesday, October 8th. Morgan Stanley lowered their price target on Merck & Co., Inc. from $99.00 to $98.00 and set an “equal weight” rating on the stock in a research note on Thursday, July 10th. Wells Fargo & Company lowered their price target on Merck & Co., Inc. from $97.00 to $90.00 and set an “equal weight” rating on the stock in a research note on Wednesday, July 30th. Finally, Berenberg Bank lowered Merck & Co., Inc. from a “buy” rating to a “hold” rating and lowered their price target for the company from $100.00 to $90.00 in a research note on Wednesday, September 17th. One investment analyst has rated the stock with a Strong Buy rating, five have given a Buy rating, fourteen have given a Hold rating and one has assigned a Sell rating to the company’s stock. Based on data from MarketBeat.com, the company currently has a consensus rating of “Hold” and a consensus price target of $104.31.

View Our Latest Stock Report on Merck & Co., Inc.

Merck & Co., Inc. Stock Down 1.7%

NYSE MRK opened at $86.02 on Monday. The company has a current ratio of 1.42, a quick ratio of 1.17 and a debt-to-equity ratio of 0.69. The stock’s 50 day moving average is $83.47 and its two-hundred day moving average is $81.42. The company has a market capitalization of $214.87 billion, a price-to-earnings ratio of 13.25, a PEG ratio of 0.88 and a beta of 0.37. Merck & Co., Inc. has a 1-year low of $73.31 and a 1-year high of $111.58.

Merck & Co., Inc. (NYSE:MRKGet Free Report) last released its quarterly earnings data on Tuesday, July 29th. The company reported $2.13 earnings per share for the quarter, beating analysts’ consensus estimates of $2.03 by $0.10. The company had revenue of $15.81 billion for the quarter, compared to the consensus estimate of $15.92 billion. Merck & Co., Inc. had a return on equity of 41.05% and a net margin of 25.79%. Merck & Co., Inc. has set its FY 2025 guidance at 8.870-8.970 EPS. Equities analysts forecast that Merck & Co., Inc. will post 9.01 earnings per share for the current fiscal year.

Merck & Co., Inc. Dividend Announcement

The firm also recently declared a quarterly dividend, which was paid on Tuesday, October 7th. Investors of record on Monday, September 15th were issued a dividend of $0.81 per share. This represents a $3.24 dividend on an annualized basis and a yield of 3.8%. The ex-dividend date of this dividend was Monday, September 15th. Merck & Co., Inc.’s dividend payout ratio (DPR) is currently 49.92%.

Merck & Co., Inc. Company Profile

(Free Report)

Merck & Co, Inc is a health care company, which engages in the provision of health solutions through its prescription medicines, vaccines, biologic therapies, animal health, and consumer care products. It operates through the following segments: Pharmaceutical, Animal Health, and Other. The Pharmaceutical segment includes human health pharmaceutical and vaccine products.

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

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