St. Louis Financial Planners Asset Management LLC Increases Position in Merck & Co., Inc. $MRK

St. Louis Financial Planners Asset Management LLC boosted its stake in Merck & Co., Inc. (NYSE:MRKFree Report) by 22.5% during the 4th quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor owned 42,448 shares of the company’s stock after purchasing an additional 7,787 shares during the quarter. Merck & Co., Inc. comprises approximately 2.7% of St. Louis Financial Planners Asset Management LLC’s holdings, making the stock its 9th largest holding. St. Louis Financial Planners Asset Management LLC’s holdings in Merck & Co., Inc. were worth $4,468,000 as of its most recent filing with the Securities & Exchange Commission.

Several other hedge funds and other institutional investors have also made changes to their positions in MRK. DLD Asset Management LP purchased a new stake in shares of Merck & Co., Inc. in the second quarter worth about $2,889,340,000. Norges Bank purchased a new position in Merck & Co., Inc. during the 2nd quarter valued at approximately $2,858,570,000. Franklin Resources Inc. grew its holdings in Merck & Co., Inc. by 23.5% during the 2nd quarter. Franklin Resources Inc. now owns 27,032,601 shares of the company’s stock valued at $2,139,901,000 after buying an additional 5,135,748 shares in the last quarter. Arrowstreet Capital Limited Partnership increased its stake in Merck & Co., Inc. by 35.5% in the 2nd quarter. Arrowstreet Capital Limited Partnership now owns 19,456,096 shares of the company’s stock worth $1,540,145,000 after acquiring an additional 5,094,088 shares during the last quarter. Finally, Charles Schwab Investment Management Inc. increased its stake 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 acquiring an additional 4,636,183 shares during the last quarter. Institutional investors own 76.07% of the company’s stock.

Insider Activity

In related news, EVP Jennifer Zachary sold 121,573 shares of the company’s stock in a transaction dated Monday, February 9th. The shares were sold at an average price of $119.15, for a total transaction of $14,485,422.95. Following the transaction, the executive vice president directly owned 68,916 shares in the company, valued at approximately $8,211,341.40. This represents a 63.82% decrease in their position. The sale was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Also, EVP Richard R. Deluca sold 37,685 shares of the stock in a transaction dated Friday, February 6th. The stock was sold at an average price of $120.92, for a total transaction of $4,556,870.20. Following the completion of the sale, 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. Insiders sold 320,176 shares of company stock worth $38,281,735 in the last 90 days. Company insiders own 0.13% of the company’s stock.

Merck & Co., Inc. Stock Performance

NYSE:MRK opened at $114.17 on Friday. The stock’s fifty day moving average is $115.81 and its 200 day moving average is $100.65. Merck & Co., Inc. has a fifty-two week low of $73.31 and a fifty-two week high of $125.14. The firm has a market capitalization of $282.27 billion, a PE ratio of 15.68, a PEG ratio of 2.21 and a beta of 0.27. The company has a debt-to-equity ratio of 0.89, a quick ratio of 1.30 and a current ratio of 1.54.

Merck & Co., Inc. (NYSE:MRKGet Free Report) last posted its quarterly earnings data on Tuesday, February 3rd. The company reported $2.04 EPS for the quarter, topping the consensus estimate of $2.01 by $0.03. Merck & Co., Inc. had a net margin of 28.08% and a return on equity of 44.57%. The company had revenue of $16.40 billion during the quarter, compared to analyst estimates of $16.19 billion. During the same period in the previous year, the firm earned $1.72 earnings per share. Merck & Co., Inc.’s quarterly revenue was up 5.0% compared to the same quarter last year. Merck & Co., Inc. has set its FY 2026 guidance at 5.000-5.150 EPS. On average, sell-side analysts anticipate that Merck & Co., Inc. will post 9.01 earnings per share for the current year.

Merck & Co., Inc. Announces Dividend

The company also recently announced a quarterly dividend, which will be paid on Tuesday, April 7th. Stockholders of record on Monday, March 16th will be issued a $0.85 dividend. This represents a $3.40 annualized dividend and a dividend yield of 3.0%. The ex-dividend date is Monday, March 16th. Merck & Co., Inc.’s dividend payout ratio (DPR) is 46.70%.

Analyst Upgrades and Downgrades

A number of research firms have recently commented on MRK. Wall Street Zen downgraded Merck & Co., Inc. from a “buy” rating to a “hold” rating in a research report on Saturday, February 28th. TD Cowen boosted their price target on shares of Merck & Co., Inc. from $100.00 to $120.00 and gave the stock a “hold” rating in a research report on Tuesday, January 20th. Guggenheim upped their price target on shares of Merck & Co., Inc. from $122.00 to $140.00 and gave the company a “buy” rating in a research note on Friday, February 6th. The Goldman Sachs Group increased their price objective on shares of Merck & Co., Inc. from $92.00 to $120.00 and gave the company a “buy” rating in a research report on Tuesday, December 2nd. Finally, Morgan Stanley boosted their target price on shares of Merck & Co., Inc. from $100.00 to $102.00 and gave the stock an “equal weight” rating in a report on Friday, December 12th. One analyst has rated the stock with a Strong Buy rating, ten have issued a Buy rating and seven have issued a Hold rating to the company’s stock. According to data from MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy” and a consensus target price of $127.13.

Read Our Latest Research Report on Merck & Co., Inc.

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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