Total Wealth Planning & Management Inc. Takes Position in Merck & Co., Inc. $MRK

Total Wealth Planning & Management Inc. purchased a new stake in shares of Merck & Co., Inc. (NYSE:MRKFree Report) during the fourth quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor purchased 10,063 shares of the company’s stock, valued at approximately $1,059,000. Merck & Co., Inc. makes up approximately 0.8% of Total Wealth Planning & Management Inc.’s investment portfolio, making the stock its 28th biggest position.

A number of other hedge funds and other institutional investors have also recently modified their holdings of MRK. Norges Bank bought a new position in shares of Merck & Co., Inc. during the fourth quarter valued at $3,997,933,000. DLD Asset Management LP lifted its holdings in shares of Merck & Co., Inc. by 30.1% during the third quarter. DLD Asset Management LP now owns 47,500,000 shares of the company’s stock valued at $3,986,675,000 after purchasing an additional 11,000,000 shares in the last quarter. Jennison Associates LLC bought a new position in shares of Merck & Co., Inc. during the fourth quarter valued at $585,192,000. Invesco Ltd. lifted its holdings in Merck & Co., Inc. by 16.6% in the third quarter. Invesco Ltd. now owns 19,844,936 shares of the company’s stock valued at $1,665,585,000 after acquiring an additional 2,821,766 shares during the period. Finally, Ameriprise Financial Inc. lifted its holdings in Merck & Co., Inc. by 20.7% in the third quarter. Ameriprise Financial Inc. now owns 15,933,909 shares of the company’s stock valued at $1,336,877,000 after acquiring an additional 2,735,459 shares during the period. 76.07% of the stock is owned by institutional investors.

Merck & Co., Inc. Stock Up 4.8%

MRK stock opened at $120.23 on Friday. Merck & Co., Inc. has a fifty-two week low of $76.66 and a fifty-two week high of $125.14. The business’s 50-day moving average is $116.52 and its two-hundred day moving average is $112.32. The company has a debt-to-equity ratio of 1.02, a quick ratio of 1.06 and a current ratio of 1.30. The company has a market cap of $296.95 billion, a price-to-earnings ratio of 33.87, a P/E/G ratio of 2.58 and a beta of 0.21.

Merck & Co., Inc. (NYSE:MRKGet Free Report) last posted its quarterly earnings data on Thursday, April 30th. The company reported ($1.28) EPS for the quarter, topping the consensus estimate 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 for the quarter, compared to the consensus estimate of $15.85 billion. During the same quarter last year, the company earned $2.22 earnings per share. The business’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. As a group, analysts forecast that Merck & Co., Inc. will post 5.17 earnings per share for the current year.

Merck & Co., Inc. Dividend Announcement

The business also recently disclosed a quarterly dividend, which will be paid on Wednesday, July 8th. Stockholders of record on Monday, June 15th will be paid a $0.85 dividend. The ex-dividend date of this dividend is Monday, June 15th. This represents a $3.40 annualized dividend and a dividend yield of 2.8%. Merck & Co., Inc.’s dividend payout ratio (DPR) is 95.77%.

Analyst Upgrades and Downgrades

A number of research analysts have weighed in on the company. Weiss Ratings downgraded Merck & Co., Inc. from a “hold (c+)” rating to a “hold (c)” rating in a report on Friday, May 15th. JPMorgan Chase & Co. increased their target price on Merck & Co., Inc. from $125.00 to $135.00 and gave the company an “overweight” rating in a report on Monday, April 6th. UBS Group increased their target price on Merck & Co., Inc. from $130.00 to $145.00 and gave the company a “buy” rating in a report on Monday, April 13th. Wells Fargo & Company lowered their target price on Merck & Co., Inc. from $150.00 to $145.00 and set an “overweight” rating on the stock in a report on Friday, May 1st. Finally, Royal Bank Of Canada reissued an “outperform” rating and issued a $142.00 target price on shares of Merck & Co., Inc. in a report on Monday, March 30th. One investment analyst has rated the stock with a Strong Buy rating, eleven have assigned a Buy rating and seven have assigned a Hold rating to the company’s stock. According to MarketBeat.com, the stock has an average rating of “Moderate Buy” and a consensus price target of $128.18.

Get Our Latest Stock Report on Merck & Co., Inc.

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.

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

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