Manning & Napier Advisors LLC reduced its stake in shares of Merck & Co., Inc. (NYSE:MRK – Free Report) by 6.0% in the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 175,513 shares of the company’s stock after selling 11,241 shares during the quarter. Manning & Napier Advisors LLC’s holdings in Merck & Co., Inc. were worth $18,615,000 as of its most recent filing with the Securities and Exchange Commission (SEC).
Several other institutional investors and hedge funds have also recently modified their holdings of MRK. United Financial Planning Group LLC bought a new position in shares of Merck & Co., Inc. during the third quarter worth $31,000. Wealth Watch Advisors INC purchased a new position in Merck & Co., Inc. during the third quarter valued at $34,000. Dunhill Financial LLC grew its stake in Merck & Co., Inc. by 83.0% during the third quarter. Dunhill Financial LLC now owns 419 shares of the company’s stock valued at $35,000 after acquiring an additional 190 shares in the last quarter. Silicon Valley Capital Partners grew its stake in Merck & Co., Inc. by 160.5% during the third quarter. Silicon Valley Capital Partners now owns 422 shares of the company’s stock valued at $35,000 after acquiring an additional 260 shares in the last quarter. Finally, J.Safra Asset Management Corp increased its holdings in Merck & Co., Inc. by 53.6% in the 3rd quarter. J.Safra Asset Management Corp now owns 450 shares of the company’s stock valued at $38,000 after acquiring an additional 157 shares during the last quarter. Institutional investors own 76.07% of the company’s stock.
Merck & Co., Inc. Price Performance
Merck & Co., Inc. stock opened at $111.26 on Friday. Merck & Co., Inc. has a 52-week low of $73.31 and a 52-week high of $125.14. The company has a quick ratio of 1.30, a current ratio of 1.30 and a debt-to-equity ratio of 1.02. The firm’s fifty day moving average is $117.07 and its 200 day moving average is $108.31. The company has a market cap of $274.78 billion, a price-to-earnings ratio of 31.34, a PEG ratio of 2.53 and a beta of 0.18.
Merck & Co., Inc. News Roundup
Here are the key news stories impacting Merck & Co., Inc. this week:
- Positive Sentiment: Merck published a landmark Science paper on a new large-scale biocatalytic synthesis method for its investigational oral PCSK9 inhibitor, enlicitide decanoate. The work supports manufacturing scalability for a potential future cardiovascular drug and underscores progress in Merck’s pipeline. Article Title
- Positive Sentiment: Merck also became the sole testing provider for Genetix Biotherapeutics’ FDA-approved gene therapies under a five-year agreement, strengthening its BioReliance services business and adding a recurring commercialization-related revenue stream. Article Title
- Neutral Sentiment: Analyst commentary highlighted Merck as a well-prepared dividend stock despite its upcoming patent cliff, suggesting the market is still weighing long-term earnings durability rather than reacting to a single catalyst. Article Title
- Negative Sentiment: Merck is heading toward a July 27 trial over Gardasil safety claims after the vaccine reached an $8.9 billion sales peak. The litigation risk could weigh on sentiment around one of Merck’s key growth franchises, even though the company continues to defend the product’s safety record. Article Title
Analyst Upgrades and Downgrades
Several brokerages have commented on MRK. Cantor Fitzgerald boosted their price target on shares of Merck & Co., Inc. from $116.00 to $120.00 and gave the stock a “neutral” rating in a research note on Wednesday, February 4th. UBS Group raised their price objective on Merck & Co., Inc. from $130.00 to $145.00 and gave the company a “buy” rating in a research report on Monday, April 13th. Deutsche Bank Aktiengesellschaft raised Merck & Co., Inc. from a “hold” rating to a “buy” rating and set a $150.00 target price on the stock in a report on Friday, February 13th. Royal Bank Of Canada reissued an “outperform” rating and set a $142.00 price target on shares of Merck & Co., Inc. in a research note on Monday, March 30th. Finally, Wall Street Zen upgraded Merck & Co., Inc. from a “hold” rating to a “buy” rating in a report on Saturday, March 28th. One 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 stock. According to data from MarketBeat.com, Merck & Co., Inc. has a consensus rating of “Moderate Buy” and an average price target of $128.18.
View Our Latest Stock Analysis on Merck & Co., Inc.
Insider Transactions at Merck & Co., Inc.
In other Merck & Co., Inc. news, EVP Jennifer Zachary sold 121,573 shares of the company’s stock in a transaction that occurred on Monday, February 9th. The stock was sold at an average price of $119.15, for a total transaction of $14,485,422.95. Following the sale, the executive vice president directly owned 68,916 shares in the company, valued at $8,211,341.40. This represents a 63.82% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is available at this link. Also, CMO Chirfi Guindo sold 10,000 shares of Merck & Co., Inc. stock in a transaction that occurred on Monday, February 9th. The stock was sold at an average price of $118.41, for a total value of $1,184,100.00. Following the completion of the transaction, the chief marketing officer owned 70,615 shares of the company’s stock, valued at approximately $8,361,522.15. This trade represents a 12.40% decrease in their position. The SEC filing for this sale provides additional information. 0.17% of the stock is currently owned by company insiders.
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.
See Also
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