Merck & Co., Inc. (NYSE:MRK) Price Target Cut to $145.00 by Analysts at Wells Fargo & Company

Merck & Co., Inc. (NYSE:MRKGet Free Report) had its price target lowered by equities researchers at Wells Fargo & Company from $150.00 to $145.00 in a research note issued to investors on Friday,Benzinga reports. The brokerage presently has an “overweight” rating on the stock. Wells Fargo & Company‘s target price suggests a potential upside of 27.21% from the company’s previous close.

Other analysts have also recently issued research reports about the stock. Barclays assumed coverage on shares of Merck & Co., Inc. in a report on Friday, February 20th. They set an “overweight” rating and a $140.00 target price on the stock. Zacks Research upgraded shares of Merck & Co., Inc. from a “strong sell” rating to a “hold” rating in a research note on Tuesday, March 17th. Royal Bank Of Canada reiterated an “outperform” rating and issued a $142.00 price target on shares of Merck & Co., Inc. in a research note on Monday, March 30th. Deutsche Bank Aktiengesellschaft upgraded shares of Merck & Co., Inc. from a “hold” rating to a “buy” rating and set a $150.00 price target on the stock in a research note on Friday, February 13th. Finally, Wall Street Zen upgraded shares of Merck & Co., Inc. from a “hold” rating to a “buy” rating in a research note on Saturday, March 28th. One 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 stock. Based on data from MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy” and a consensus target price of $128.18.

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

Merck & Co., Inc. Stock Up 4.4%

Shares of MRK stock traded up $4.80 during mid-day trading on Friday, reaching $113.98. 1,759,954 shares of the company’s stock traded hands, compared to its average volume of 11,253,600. Merck & Co., Inc. has a 12 month low of $73.31 and a 12 month high of $125.14. The company has a market cap of $281.52 billion, a P/E ratio of 15.60, a P/E/G ratio of 2.25 and a beta of 0.26. The company has a quick ratio of 1.30, a current ratio of 1.54 and a debt-to-equity ratio of 0.89. The company’s 50-day moving average price is $117.69 and its 200-day moving average price is $107.39.

Merck & Co., Inc. (NYSE:MRKGet Free Report) last announced its earnings results 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 net margin of 28.08% and a return on equity of 44.57%. The firm had revenue of $16.29 billion for the quarter, compared to analysts’ expectations of $15.85 billion. During the same quarter in the previous year, the business posted $2.22 EPS. The company’s quarterly revenue was up 4.9% on a year-over-year basis. Merck & Co., Inc. has set its FY 2026 guidance at 5.040-5.160 EPS. On average, equities analysts expect that Merck & Co., Inc. will post 4.89 earnings per share for the current fiscal year.

Insider Buying and Selling at Merck & Co., Inc.

In other Merck & Co., Inc. news, CEO Robert M. Davis sold 47,434 shares of the company’s stock in a transaction dated Wednesday, February 4th. The shares were sold at an average price of $118.04, for a total transaction of $5,599,109.36. Following the transaction, the chief executive officer owned 443,602 shares in the company, valued at approximately $52,362,780.08. This represents a 9.66% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, EVP Richard R. Deluca sold 37,685 shares of the company’s stock in a transaction dated 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 transaction, the executive vice president owned 160,174 shares in the company, valued at $19,368,240.08. This represents a 19.05% decrease in their position. The disclosure for this sale is available in the SEC filing. In the last ninety days, insiders have sold 320,176 shares of company stock worth $38,281,735. 0.17% of the stock is owned by company insiders.

Hedge Funds Weigh In On Merck & Co., Inc.

Hedge funds and other institutional investors have recently bought and sold shares of the stock. First Pacific Financial grew its stake in Merck & Co., Inc. by 14.7% during the 3rd quarter. First Pacific Financial now owns 47,555 shares of the company’s stock worth $3,991,000 after buying an additional 6,082 shares during the last quarter. D.A. Davidson & CO. grew its stake in Merck & Co., Inc. by 4.4% during the 4th quarter. D.A. Davidson & CO. now owns 576,959 shares of the company’s stock worth $60,731,000 after buying an additional 24,576 shares during the last quarter. Farther Finance Advisors LLC grew its stake in Merck & Co., Inc. by 48.9% during the 4th quarter. Farther Finance Advisors LLC now owns 97,818 shares of the company’s stock worth $10,296,000 after buying an additional 32,114 shares during the last quarter. Coldstream Capital Management Inc. grew its stake in Merck & Co., Inc. by 12.7% during the 3rd quarter. Coldstream Capital Management Inc. now owns 123,366 shares of the company’s stock worth $10,364,000 after buying an additional 13,940 shares during the last quarter. Finally, Campbell Capital Management Inc. purchased a new position in Merck & Co., Inc. during the 3rd quarter worth approximately $1,866,000. Institutional investors own 76.07% of the company’s stock.

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About Merck & Co., Inc.

(Get 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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