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Merck & Co., Inc. $MRK Holdings Raised by Financiere des Professionnels Fonds d investissement inc.

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Key Points

  • Financiere des Professionnels Fonds d’investissement inc. increased its Merck stake by 15.2% in the fourth quarter, bringing its holdings to 73,264 shares valued at about $7.7 million.
  • Institutional ownership remains high, with 76.07% of Merck shares held by institutional investors, while several other hedge funds also added new positions or increased exposure.
  • Analyst sentiment is broadly positive: multiple firms upgraded or reiterated bullish views on Merck, and the stock currently carries a Moderate Buy consensus with a $128.18 average price target.
  • MarketBeat previews top five stocks to own in July.

Financiere des Professionnels Fonds d investissement inc. lifted its stake in shares of Merck & Co., Inc. (NYSE:MRK - Free Report) by 15.2% during the fourth quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 73,264 shares of the company's stock after purchasing an additional 9,642 shares during the quarter. Financiere des Professionnels Fonds d investissement inc.'s holdings in Merck & Co., Inc. were worth $7,712,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors have also modified their holdings of MRK. Kingdom Financial Group LLC. bought a new stake in Merck & Co., Inc. in the fourth quarter worth about $25,000. High Note Wealth LLC raised its position in Merck & Co., Inc. by 58.9% in the fourth quarter. High Note Wealth LLC now owns 294 shares of the company's stock worth $31,000 after acquiring an additional 109 shares in the last quarter. Tucker Asset Management LLC bought a new stake in Merck & Co., Inc. in the fourth quarter worth about $34,000. Entrust Financial LLC bought a new stake in Merck & Co., Inc. in the fourth quarter worth about $37,000. Finally, United Financial Planning Group LLC bought a new stake in Merck & Co., Inc. in the third quarter worth about $31,000. 76.07% of the stock is currently owned by institutional investors.

Wall Street Analysts Forecast Growth

Several equities research analysts have commented on the stock. 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 report on Friday, February 13th. Barclays assumed coverage on shares of Merck & Co., Inc. in a research report on Friday, February 20th. They issued an "overweight" rating and a $140.00 price target on the stock. Wall Street Zen upgraded shares of Merck & Co., Inc. from a "hold" rating to a "buy" rating in a research report on Saturday, June 6th. Royal Bank Of Canada reiterated an "outperform" rating and issued a $142.00 price target on shares of Merck & Co., Inc. in a research report on Monday, March 30th. Finally, Citigroup assumed coverage on shares of Merck & Co., Inc. in a research report on Wednesday, May 6th. They issued a "neutral" rating and a $125.00 price target on the stock. 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 company's stock. Based on data from MarketBeat.com, the stock presently has a consensus rating of "Moderate Buy" and a consensus price target of $128.18.

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

More Merck & Co., Inc. News

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

Merck & Co., Inc. Trading Down 0.5%

NYSE:MRK opened at $118.99 on Thursday. The company has a debt-to-equity ratio of 1.02, a current ratio of 1.30 and a quick ratio of 1.06. Merck & Co., Inc. has a fifty-two week low of $76.66 and a fifty-two week high of $125.14. The stock's 50-day moving average is $116.58 and its two-hundred day moving average is $113.02. The stock has a market cap of $293.89 billion, a PE ratio of 33.52, a price-to-earnings-growth ratio of 2.69 and a beta of 0.21.

Merck & Co., Inc. (NYSE:MRK - Get Free Report) last released its earnings results on Thursday, April 30th. The company reported ($1.28) earnings per share for the quarter, beating 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 company 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 business's revenue for the quarter 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. As a group, equities research 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 declared a quarterly dividend, which will be paid on Wednesday, July 8th. Investors 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 2.9%. Merck & Co., Inc.'s payout ratio is presently 95.77%.

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)

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest reporting and unbiased coverage. Please send any questions or comments about this story to contact@marketbeat.com.

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