Natixis Advisors LLC boosted its stake in Merck & Co., Inc. (NYSE:MRK – Free Report) by 19.1% in the third quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 2,310,247 shares of the company’s stock after purchasing an additional 371,039 shares during the quarter. Natixis Advisors LLC’s holdings in Merck & Co., Inc. were worth $193,900,000 at the end of the most recent reporting period.
Several other institutional investors and hedge funds have also recently added to or reduced their stakes in MRK. Charles Schwab Investment Management Inc. increased its holdings in Merck & Co., Inc. by 9.4% in the 2nd quarter. Charles Schwab Investment Management Inc. now owns 53,865,466 shares of the company’s stock worth $4,263,991,000 after purchasing an additional 4,636,183 shares in the last quarter. DLD Asset Management LP bought a new position in Merck & Co., Inc. during the 2nd quarter worth approximately $2,889,340,000. Norges Bank acquired a new position in Merck & Co., Inc. in the second quarter valued at $2,858,570,000. Franklin Resources Inc. lifted its stake in shares of Merck & Co., Inc. by 23.5% in the 2nd quarter. Franklin Resources Inc. now owns 27,032,601 shares of the company’s stock valued at $2,139,901,000 after purchasing an additional 5,135,748 shares during the period. Finally, Fisher Asset Management LLC grew its position 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. 76.07% of the stock is currently owned by institutional investors.
Insider Buying and Selling at Merck & Co., Inc.
In other news, EVP Jennifer Zachary sold 121,573 shares of the business’s stock in a transaction that occurred on 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 completion of the sale, the executive vice president directly owned 68,916 shares in the company, valued at approximately $8,211,341.40. The trade was a 63.82% decrease in their position. The sale was disclosed in a legal filing with the SEC, which can be accessed through this hyperlink. Also, EVP David Michael Williams sold 5,000 shares of the business’s stock in a transaction on Friday, February 6th. The stock was sold at an average price of $121.91, for a total transaction of $609,550.00. Following the completion of the sale, the executive vice president directly owned 30,838 shares of the company’s stock, valued at $3,759,460.58. This represents a 13.95% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Over the last ninety days, insiders have sold 320,176 shares of company stock valued at $38,281,735. 0.13% of the stock is currently owned by company insiders.
Merck & Co., Inc. Stock Performance
Merck & Co., Inc. (NYSE:MRK – Get Free Report) last posted its quarterly earnings data on Tuesday, February 3rd. The company reported $2.04 earnings per share (EPS) for the quarter, beating the consensus estimate of $2.01 by $0.03. Merck & Co., Inc. had a return on equity of 44.57% and a net margin of 28.08%.The company had revenue of $16.40 billion during the quarter, compared to analyst estimates of $16.19 billion. During the same quarter last year, the company earned $1.72 earnings per share. The firm’s quarterly revenue was up 5.0% on a year-over-year basis. Merck & Co., Inc. has set its FY 2026 guidance at 5.000-5.150 EPS. As a group, analysts expect that Merck & Co., Inc. will post 9.01 earnings per share for the current fiscal year.
Merck & Co., Inc. Dividend Announcement
The business also recently disclosed a quarterly dividend, which will be paid on Tuesday, April 7th. Stockholders of record on Monday, March 16th will be given a dividend of $0.85 per share. The ex-dividend date is Monday, March 16th. This represents a $3.40 annualized dividend and a dividend yield of 2.9%. Merck & Co., Inc.’s dividend payout ratio (DPR) is 46.70%.
Analysts Set New Price Targets
Several brokerages have recently commented on MRK. Scotiabank raised their target price on Merck & Co., Inc. from $105.00 to $120.00 and gave the company a “sector outperform” rating in a research note on Thursday, December 4th. Wolfe Research upgraded shares of Merck & Co., Inc. from a “peer perform” rating to an “outperform” rating and set a $135.00 target price for the company in a report on Thursday, January 8th. The Goldman Sachs Group lifted their price target on Merck & Co., Inc. from $92.00 to $120.00 and gave the stock a “buy” rating in a report on Tuesday, December 2nd. Barclays assumed coverage on shares of Merck & Co., Inc. in a research report on Friday, February 20th. They issued an “overweight” rating and a $140.00 price objective on the stock. Finally, Royal Bank Of Canada assumed coverage on Merck & Co., Inc. in a research note on Wednesday, February 25th. They issued an “outperform” rating and a $142.00 target price on the stock. One research analyst has rated the stock with a Strong Buy rating, ten have assigned a Buy rating, six have assigned a Hold rating and one has assigned a Sell rating to the company’s stock. According to MarketBeat.com, the stock has an average rating of “Moderate Buy” and an average target price of $125.88.
Read Our Latest Research Report on Merck & Co., Inc.
Merck & Co., Inc. Company Profile
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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