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North Dallas Bank & Trust Co. Purchases Shares of 11,958 Merck & Co., Inc. $MRK

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Key Points

  • North Dallas Bank & Trust Co. opened a new position in Merck, buying 11,958 shares valued at about $1.259 million in the fourth quarter.
  • Institutional ownership in Merck remains very high, with hedge funds and other institutional investors holding about 76.07% of the company’s shares. Several firms also increased their stakes recently.
  • Merck and Gilead reported positive Phase 3 results for their once-weekly HIV regimen, but they also discontinued a Phase 3 non-small cell lung cancer study after it failed to show a statistically significant benefit.
  • Interested in Merck & Co., Inc.? Here are five stocks we like better.

North Dallas Bank & Trust Co. acquired a new position in Merck & Co., Inc. (NYSE:MRK - Free Report) during the fourth quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor acquired 11,958 shares of the company's stock, valued at approximately $1,259,000.

A number of other hedge funds and other institutional investors have also recently made changes to their positions in MRK. Brighton Jones LLC increased its stake in shares of Merck & Co., Inc. by 29.5% in the fourth quarter. Brighton Jones LLC now owns 38,278 shares of the company's stock worth $3,808,000 after acquiring an additional 8,710 shares during the period. Sivia Capital Partners LLC increased its stake in shares of Merck & Co., Inc. by 52.2% in the second quarter. Sivia Capital Partners LLC now owns 11,494 shares of the company's stock worth $910,000 after acquiring an additional 3,941 shares during the period. Diversify Advisory Services LLC increased its stake in shares of Merck & Co., Inc. by 94.1% in the second quarter. Diversify Advisory Services LLC now owns 32,256 shares of the company's stock worth $2,590,000 after acquiring an additional 15,636 shares during the period. Diversify Wealth Management LLC increased its stake in shares of Merck & Co., Inc. by 22.2% in the second quarter. Diversify Wealth Management LLC now owns 38,031 shares of the company's stock worth $3,054,000 after acquiring an additional 6,897 shares during the period. Finally, MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. increased its stake in shares of Merck & Co., Inc. by 111.7% in the second quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 681,128 shares of the company's stock worth $53,918,000 after acquiring an additional 359,356 shares during the period. Institutional investors and hedge funds own 76.07% of the company's stock.

More Merck & Co., Inc. News

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

Merck & Co., Inc. Price Performance

Shares of NYSE MRK opened at $119.54 on Wednesday. Merck & Co., Inc. has a 52 week low of $76.66 and a 52 week high of $125.14. The stock has a market capitalization of $295.24 billion, a price-to-earnings ratio of 33.67, a price-to-earnings-growth ratio of 2.69 and a beta of 0.21. The firm has a 50-day simple moving average of $116.56 and a 200-day simple moving average of $112.85. 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. (NYSE:MRK - Get Free Report) last announced its quarterly earnings results on Thursday, April 30th. The company reported ($1.28) earnings per share for the quarter, beating analysts' consensus estimates of ($1.47) by $0.19. The business had revenue of $16.29 billion during the quarter, compared to analysts' expectations 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 last year, the business earned $2.22 earnings per share. Merck & Co., Inc. has set its FY 2026 guidance at 5.040-5.160 EPS. On average, equities analysts predict 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 is Monday, June 15th. This represents a $3.40 dividend on an annualized basis and a yield of 2.8%. Merck & Co., Inc.'s payout ratio is currently 95.77%.

Analyst Ratings Changes

A number of analysts recently issued reports on the stock. UBS Group increased their price target on shares of Merck & Co., Inc. from $130.00 to $145.00 and gave the stock a "buy" rating in a report on Monday, April 13th. 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 price target on the stock. Zacks Research raised shares of Merck & Co., Inc. from a "strong sell" rating to a "hold" rating in a report on Tuesday, March 17th. Royal Bank Of Canada reissued an "outperform" rating and set a $142.00 price target on shares of Merck & Co., Inc. in a report on Monday, March 30th. Finally, JPMorgan Chase & Co. increased their price target on shares of Merck & Co., Inc. from $125.00 to $135.00 and gave the stock an "overweight" rating in a report on Monday, April 6th. One analyst has rated the stock with a Strong Buy rating, eleven have assigned 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.

View Our Latest Stock Analysis on MRK

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.

Featured Articles

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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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