New Age Alpha Advisors LLC Has $13.43 Million Holdings in Merck & Co., Inc. $MRK

New Age Alpha Advisors LLC lessened its stake in shares of Merck & Co., Inc. (NYSE:MRKFree Report) by 18.1% during the 4th quarter, Holdings Channel.com reports. The institutional investor owned 127,557 shares of the company’s stock after selling 28,212 shares during the quarter. Merck & Co., Inc. accounts for about 0.6% of New Age Alpha Advisors LLC’s holdings, making the stock its 23rd biggest position. New Age Alpha Advisors LLC’s holdings in Merck & Co., Inc. were worth $13,427,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds have also recently bought and sold shares of MRK. Kingdom Financial Group LLC. acquired a new stake in Merck & Co., Inc. during the 4th quarter worth about $25,000. United Financial Planning Group LLC purchased a new position in Merck & Co., Inc. during the 3rd quarter valued at about $31,000. High Note Wealth LLC grew its stake in Merck & Co., Inc. by 58.9% during the 4th quarter. High Note Wealth LLC now owns 294 shares of the company’s stock valued at $31,000 after acquiring an additional 109 shares in the last quarter. Tucker Asset Management LLC purchased a new position in Merck & Co., Inc. during the 4th quarter valued at about $34,000. Finally, Wealth Watch Advisors INC purchased a new position in Merck & Co., Inc. during the 3rd quarter valued at about $34,000. Institutional investors and hedge funds own 76.07% of the company’s stock.

Wall Street Analysts Forecast Growth

MRK has been the topic of several research analyst reports. Deutsche Bank Aktiengesellschaft raised Merck & Co., Inc. from a “hold” rating to a “buy” rating and set a $150.00 target price on the stock in a research note on Friday, February 13th. Wall Street Zen cut Merck & Co., Inc. from a “buy” rating to a “hold” rating in a research note on Saturday, May 16th. Zacks Research raised Merck & Co., Inc. from a “strong sell” rating to a “hold” rating in a research note on Tuesday, March 17th. Cantor Fitzgerald lifted their target price on Merck & Co., Inc. from $116.00 to $120.00 and gave the company a “neutral” rating in a research note on Wednesday, February 4th. Finally, Barclays initiated coverage on Merck & Co., Inc. in a research note on Friday, February 20th. They set an “overweight” rating and a $140.00 target price on the stock. One analyst has rated the stock with a Strong Buy rating, eleven have assigned a Buy rating and seven have issued a Hold rating to the stock. Based on data from MarketBeat, the company currently has a consensus rating of “Moderate Buy” and a consensus price target of $128.18.

Check Out Our Latest Report on Merck & Co., Inc.

More Merck & Co., Inc. News

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Merck & Co., Inc. Trading Up 0.1%

NYSE:MRK opened at $122.55 on Monday. The stock has a market cap of $302.67 billion, a PE ratio of 34.52, a price-to-earnings-growth ratio of 2.76 and a beta of 0.18. The stock’s 50-day moving average is $115.92 and its two-hundred day moving average is $110.41. Merck & Co., Inc. has a fifty-two week low of $75.40 and a fifty-two week high of $125.14. The company has a debt-to-equity ratio of 1.02, a current ratio of 1.30 and a quick ratio of 1.06.

Merck & Co., Inc. (NYSE:MRKGet Free Report) last announced its quarterly earnings results on Thursday, April 30th. The company reported ($1.28) EPS for the quarter, beating the consensus estimate of ($1.47) by $0.19. The business had revenue of $16.29 billion during the quarter, compared to analysts’ expectations of $15.85 billion. Merck & Co., Inc. had a return on equity of 27.55% and a net margin of 13.59%.The firm’s quarterly revenue was up 4.9% compared to the same quarter last year. During the same quarter in the previous year, the business posted $2.22 EPS. Merck & Co., Inc. has set its FY 2026 guidance at 5.040-5.160 EPS. As a group, equities research analysts forecast that Merck & Co., Inc. will post 5.16 earnings per share for the current fiscal year.

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.

Further Reading

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

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