Franklin Resources Inc. Has $1.69 Billion Stock Position in Merck & Co., Inc. $MRK

Franklin Resources Inc. reduced its position in Merck & Co., Inc. (NYSE:MRKFree Report) by 4.1% during the fourth quarter, according to the company in its most recent 13F filing with the SEC. The fund owned 16,064,050 shares of the company’s stock after selling 682,940 shares during the quarter. Franklin Resources Inc. owned approximately 0.65% of Merck & Co., Inc. worth $1,690,902,000 as of its most recent filing with the SEC.

A number of other institutional investors also recently modified their holdings of the company. Chesapeake Wealth Management boosted its stake in shares of Merck & Co., Inc. by 0.6% in the 4th quarter. Chesapeake Wealth Management now owns 14,740 shares of the company’s stock valued at $1,552,000 after purchasing an additional 87 shares during the last quarter. Syverson Strege & Co grew its holdings in Merck & Co., Inc. by 2.2% during the 4th quarter. Syverson Strege & Co now owns 4,142 shares of the company’s stock worth $436,000 after acquiring an additional 90 shares during the period. Westside Investment Management Inc. grew its holdings in Merck & Co., Inc. by 3.1% during the 4th quarter. Westside Investment Management Inc. now owns 3,142 shares of the company’s stock worth $331,000 after acquiring an additional 93 shares during the period. Valued Wealth Advisors LLC grew its holdings in Merck & Co., Inc. by 26.9% during the 4th quarter. Valued Wealth Advisors LLC now owns 444 shares of the company’s stock worth $47,000 after acquiring an additional 94 shares during the period. Finally, Intrua Financial LLC grew its holdings in Merck & Co., Inc. by 1.1% during the 4th quarter. Intrua Financial LLC now owns 8,604 shares of the company’s stock worth $906,000 after acquiring an additional 96 shares during the period. 76.07% of the stock is owned by institutional investors.

Merck & Co., Inc. Price Performance

MRK stock opened at $121.05 on Monday. The stock has a market capitalization of $298.96 billion, a PE ratio of 34.10, a price-to-earnings-growth ratio of 2.72 and a beta of 0.21. The company’s 50-day moving average is $116.55 and its 200-day moving average is $112.52. 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. has a 1 year low of $76.66 and a 1 year high of $125.14.

Merck & Co., Inc. (NYSE:MRKGet Free Report) last announced its quarterly earnings data on Thursday, April 30th. The company reported ($1.28) EPS for the quarter, beating analysts’ consensus estimates of ($1.47) by $0.19. Merck & Co., Inc. had a return on equity of 27.55% and a net margin of 13.59%.The firm had revenue of $16.29 billion during the quarter, compared to analysts’ expectations of $15.85 billion. During the same quarter last year, the firm posted $2.22 earnings per share. The company’s revenue for the quarter was up 4.9% compared to the same quarter last year. Merck & Co., Inc. has set its FY 2026 guidance at 5.040-5.160 EPS. Equities research analysts expect that Merck & Co., Inc. will post 5.17 EPS for the current fiscal year.

Merck & Co., Inc. Dividend Announcement

The firm also recently declared a quarterly dividend, which will be paid on Wednesday, July 8th. Shareholders of record on Monday, June 15th will be paid a dividend of $0.85 per share. This represents a $3.40 dividend on an annualized basis and a yield of 2.8%. The ex-dividend date is Monday, June 15th. Merck & Co., Inc.’s payout ratio is 95.77%.

Analyst Ratings Changes

A number of brokerages have weighed in on MRK. Weiss Ratings downgraded Merck & Co., Inc. from a “hold (c+)” rating to a “hold (c)” rating in a report on Friday, May 15th. Wall Street Zen upgraded Merck & Co., Inc. from a “hold” rating to a “buy” rating in a report on Saturday. Zacks Research upgraded Merck & Co., Inc. from a “strong sell” rating to a “hold” rating in a report on Tuesday, March 17th. Royal Bank Of Canada reiterated an “outperform” rating and set a $142.00 target price on shares of Merck & Co., Inc. in a research report on Monday, March 30th. Finally, UBS Group boosted their target price on shares of Merck & Co., Inc. from $130.00 to $145.00 and gave the company a “buy” rating in a research report on Monday, April 13th. One research analyst has rated the stock with a Strong Buy rating, eleven have given a Buy rating and seven have given a Hold rating to the company. According to MarketBeat.com, the company has a consensus rating of “Moderate Buy” and a consensus price target of $128.18.

Check Out Our Latest Report on MRK

Key Merck & Co., Inc. News

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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.

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

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