Longfellow Investment Management Co. LLC Has $1.22 Million Position in Merck & Co., Inc. $MRK

Longfellow Investment Management Co. LLC reduced its stake in Merck & Co., Inc. (NYSE:MRKFree Report) by 40.2% during the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 11,593 shares of the company’s stock after selling 7,783 shares during the period. Longfellow Investment Management Co. LLC’s holdings in Merck & Co., Inc. were worth $1,220,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also recently modified their holdings of the stock. DB&C Advisors LLC acquired a new position in shares of Merck & Co., Inc. in the fourth quarter valued at $321,000. MCF Advisors LLC increased its holdings in shares of Merck & Co., Inc. by 21.7% in the fourth quarter. MCF Advisors LLC now owns 19,236 shares of the company’s stock valued at $2,037,000 after purchasing an additional 3,435 shares during the last quarter. First Command Advisory Services Inc. increased its holdings in shares of Merck & Co., Inc. by 16.2% in the fourth quarter. First Command Advisory Services Inc. now owns 10,639 shares of the company’s stock valued at $1,120,000 after purchasing an additional 1,486 shares during the last quarter. Invst LLC acquired a new position in shares of Merck & Co., Inc. in the fourth quarter valued at $279,000. Finally, BI Asset Management Fondsmaeglerselskab A S increased its holdings in shares of Merck & Co., Inc. by 8.9% in the fourth quarter. BI Asset Management Fondsmaeglerselskab A S now owns 1,357,299 shares of the company’s stock valued at $141,523,000 after purchasing an additional 110,415 shares during the last quarter. 76.07% of the stock is currently owned by institutional investors and hedge funds.

Analyst Ratings Changes

Several research firms have commented on MRK. UBS Group upped their price objective on shares of Merck & Co., Inc. from $130.00 to $145.00 and gave the company a “buy” rating in a report on Monday, April 13th. 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. Royal Bank Of Canada restated an “outperform” rating and issued a $142.00 price target on shares of Merck & Co., Inc. in a research note on Monday, March 30th. Citigroup assumed coverage on shares of Merck & Co., Inc. in a research note on Wednesday, May 6th. They issued a “neutral” rating and a $125.00 price target on the stock. Finally, 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. One equities research analyst has rated the stock with a Strong Buy rating, eleven have assigned a Buy rating and seven have issued a Hold rating to the company’s stock. According to data from MarketBeat, Merck & Co., Inc. currently has an average rating of “Moderate Buy” and an average price target of $128.18.

View Our Latest Analysis on Merck & Co., Inc.

Merck & Co., Inc. Trading Up 0.7%

Shares of Merck & Co., Inc. stock opened at $121.05 on Friday. The company has a market capitalization of $298.96 billion, a price-to-earnings ratio of 34.10, a PEG ratio of 2.72 and a beta of 0.21. The company has a quick ratio of 1.06, a current ratio of 1.30 and a debt-to-equity ratio of 1.02. Merck & Co., Inc. has a 12-month low of $76.66 and a 12-month high of $125.14. The firm’s 50-day moving average price is $116.55 and its two-hundred day moving average price is $112.39.

Merck & Co., Inc. (NYSE:MRKGet Free Report) last announced its quarterly earnings data on Thursday, April 30th. The company reported ($1.28) earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of ($1.47) by $0.19. The firm had revenue of $16.29 billion for the quarter, compared to the consensus estimate of $15.85 billion. Merck & Co., Inc. had a net margin of 13.59% and a return on equity of 27.55%. The business’s revenue for the quarter was up 4.9% on a year-over-year basis. During the same period in the prior year, the company posted $2.22 earnings per share. Merck & Co., Inc. has set its FY 2026 guidance at 5.040-5.160 EPS. On average, analysts forecast that Merck & Co., Inc. will post 5.17 earnings per share for the current fiscal year.

Merck & Co., Inc. Announces Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Wednesday, July 8th. Shareholders of record on Monday, June 15th will be paid a dividend of $0.85 per share. This represents a $3.40 dividend on an annualized basis and a yield of 2.8%. The ex-dividend date is Monday, June 15th. Merck & Co., Inc.’s dividend payout ratio is presently 95.77%.

Key Stories Impacting Merck & Co., Inc.

Here are the key news stories impacting Merck & Co., Inc. this week:

Merck & Co., Inc. 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.

Further Reading

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

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