Midwest Trust Co Purchases 24,910 Shares of Merck & Co., Inc. $MRK

Midwest Trust Co boosted its position in Merck & Co., Inc. (NYSE:MRKFree Report) by 3.4% in the 3rd quarter, according to its most recent filing with the SEC. The fund owned 759,124 shares of the company’s stock after purchasing an additional 24,910 shares during the period. Midwest Trust Co’s holdings in Merck & Co., Inc. were worth $63,713,000 as of its most recent filing with the SEC.

A number of other institutional investors have also recently bought and sold shares of the business. Charles Schwab Investment Management Inc. lifted its holdings in Merck & Co., Inc. by 9.4% during the 2nd quarter. Charles Schwab Investment Management Inc. now owns 53,865,466 shares of the company’s stock valued at $4,263,991,000 after purchasing an additional 4,636,183 shares during the last quarter. DLD Asset Management LP acquired a new position in shares of Merck & Co., Inc. in the second quarter valued at $2,889,340,000. Norges Bank bought a new position in shares of Merck & Co., Inc. in the second quarter valued at about $2,858,570,000. Franklin Resources Inc. lifted its stake in shares of Merck & Co., Inc. by 23.5% during the 2nd quarter. Franklin Resources Inc. now owns 27,032,601 shares of the company’s stock worth $2,139,901,000 after buying an additional 5,135,748 shares during the last quarter. Finally, Fisher Asset Management LLC boosted its holdings in shares of Merck & Co., Inc. by 2.3% during the 2nd quarter. Fisher Asset Management LLC now owns 25,013,697 shares of the company’s stock worth $1,980,084,000 after buying an additional 567,900 shares during the period. Institutional investors and hedge funds own 76.07% of the company’s stock.

Merck & Co., Inc. Trading Down 3.5%

Shares of NYSE:MRK opened at $117.67 on Tuesday. The business’s 50 day simple moving average is $106.89 and its 200 day simple moving average is $93.53. Merck & Co., Inc. has a 1 year low of $73.31 and a 1 year high of $122.66. The company has a debt-to-equity ratio of 0.77, a current ratio of 1.66 and a quick ratio of 1.44. The company has a market capitalization of $292.06 billion, a P/E ratio of 16.16, a P/E/G ratio of 2.28 and a beta of 0.28.

Merck & Co., Inc. (NYSE:MRKGet Free Report) last released its earnings results 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. The firm 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 45.22% and a net margin of 28.08%.The company’s revenue was up 5.0% compared to the same quarter last year. During the same period in the prior year, the company posted $1.72 EPS. Merck & Co., Inc. has set its FY 2026 guidance at 5.000-5.150 EPS. On average, research analysts anticipate that Merck & Co., Inc. will post 9.01 EPS for the current fiscal year.

Merck & Co., Inc. Dividend Announcement

The company also recently disclosed a quarterly dividend, which will be paid on Tuesday, April 7th. Shareholders of record on Monday, March 16th will be paid a dividend of $0.85 per share. This represents a $3.40 dividend on an annualized basis and a yield of 2.9%. The ex-dividend date is Monday, March 16th. Merck & Co., Inc.’s dividend payout ratio is presently 46.70%.

Wall Street Analyst Weigh In

Several research analysts have weighed in on MRK shares. Wolfe Research raised shares of Merck & Co., Inc. from a “peer perform” rating to an “outperform” rating and set a $135.00 price target on the stock in a report on Thursday, January 8th. Cantor Fitzgerald upped their target price on Merck & Co., Inc. from $116.00 to $120.00 and gave the company a “neutral” rating in a research report on Wednesday, February 4th. The Goldman Sachs Group increased their target price on Merck & Co., Inc. from $92.00 to $120.00 and gave the stock a “buy” rating in a research note on Tuesday, December 2nd. Zacks Research downgraded Merck & Co., Inc. from a “hold” rating to a “strong sell” rating in a research note on Friday, January 9th. Finally, Weiss Ratings reiterated a “hold (c)” rating on shares of Merck & Co., Inc. in a research report on Monday, December 29th. Eight equities research analysts have rated the stock with a Buy rating, seven have given a Hold rating and one has assigned a Sell rating to the company’s stock. According to data from MarketBeat, Merck & Co., Inc. currently has an average rating of “Hold” and an average target price of $120.93.

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

Insider Buying and Selling

In other news, CFO Caroline Litchfield sold 41,997 shares of the company’s stock in a transaction that occurred on Wednesday, February 4th. The shares were sold at an average price of $119.61, for a total transaction of $5,023,261.17. Following the completion of the sale, the chief financial officer owned 90,192 shares of the company’s stock, valued at approximately $10,787,865.12. This represents a 31.77% decrease in their position. The sale was disclosed in a legal filing with the SEC, which is accessible through this hyperlink. Also, EVP Richard R. Deluca sold 37,685 shares of Merck & Co., Inc. stock in a transaction that occurred on Friday, February 6th. The shares were sold at an average price of $120.92, for a total transaction of $4,556,870.20. Following the completion of the transaction, the executive vice president directly owned 160,174 shares in the company, valued at $19,368,240.08. This trade represents a 19.05% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. In the last ninety days, insiders sold 320,176 shares of company stock worth $38,281,735. 0.09% of the stock is owned by company insiders.

Merck & Co., Inc. News Roundup

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

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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