Merck & Co., Inc. (NYSE:MRK – Free Report) – Research analysts at Cantor Fitzgerald boosted their FY2025 earnings estimates for shares of Merck & Co., Inc. in a note issued to investors on Wednesday, July 30th. Cantor Fitzgerald analyst C. Gould now anticipates that the company will post earnings of $8.92 per share for the year, up from their previous estimate of $8.66. Cantor Fitzgerald currently has a “Cautious” rating on the stock. The consensus estimate for Merck & Co., Inc.’s current full-year earnings is $9.01 per share. Cantor Fitzgerald also issued estimates for Merck & Co., Inc.’s FY2026 earnings at $9.61 EPS.
Other equities analysts have also issued reports about the stock. Morgan Stanley dropped their price target on shares of Merck & Co., Inc. from $99.00 to $98.00 and set an “equal weight” rating on the stock in a research note on Thursday, July 10th. Wall Street Zen cut shares of Merck & Co., Inc. from a “strong-buy” rating to a “buy” rating in a report on Friday, April 25th. Guggenheim reaffirmed a “buy” rating and issued a $115.00 target price on shares of Merck & Co., Inc. in a research report on Thursday, April 17th. Wells Fargo & Company reduced their price target on shares of Merck & Co., Inc. from $97.00 to $90.00 and set an “equal weight” rating for the company in a research report on Wednesday. Finally, Citigroup restated a “neutral” rating and issued a $84.00 price objective (down previously from $115.00) on shares of Merck & Co., Inc. in a research note on Wednesday, May 14th. One analyst has rated the stock with a sell rating, twelve have issued a hold rating, seven have assigned a buy rating and one has assigned a strong buy rating to the company’s stock. According to data from MarketBeat, the company currently has an average rating of “Hold” and a consensus target price of $107.44.
Merck & Co., Inc. Price Performance
Shares of NYSE MRK opened at $78.17 on Friday. The stock’s 50-day simple moving average is $80.37 and its 200-day simple moving average is $84.80. The firm has a market capitalization of $196.29 billion, a PE ratio of 12.04, a price-to-earnings-growth ratio of 0.83 and a beta of 0.39. Merck & Co., Inc. has a fifty-two week low of $73.31 and a fifty-two week high of $120.30. The company has a debt-to-equity ratio of 0.69, a quick ratio of 1.16 and a current ratio of 1.41.
Merck & Co., Inc. (NYSE:MRK – Get Free Report) last announced its quarterly earnings results on Tuesday, July 29th. The company reported $2.13 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $2.03 by $0.10. The company had revenue of $15.81 billion during the quarter, compared to the consensus estimate of $15.92 billion. Merck & Co., Inc. had a return on equity of 41.63% and a net margin of 25.79%.
Merck & Co., Inc. Dividend Announcement
The company also recently disclosed a quarterly dividend, which will be paid on Tuesday, October 7th. Investors of record on Monday, September 15th will be given a $0.81 dividend. This represents a $3.24 dividend on an annualized basis and a yield of 4.1%. The ex-dividend date is Monday, September 15th. Merck & Co., Inc.’s dividend payout ratio (DPR) is 49.92%.
Hedge Funds Weigh In On Merck & Co., Inc.
Institutional investors have recently bought and sold shares of the company. Vanguard Group Inc. boosted its holdings in shares of Merck & Co., Inc. by 0.6% in the first quarter. Vanguard Group Inc. now owns 252,513,381 shares of the company’s stock valued at $22,665,601,000 after acquiring an additional 1,417,274 shares in the last quarter. Wellington Management Group LLP raised its holdings in Merck & Co., Inc. by 1.1% during the first quarter. Wellington Management Group LLP now owns 81,669,651 shares of the company’s stock worth $7,330,668,000 after purchasing an additional 927,621 shares in the last quarter. Charles Schwab Investment Management Inc. lifted its position in Merck & Co., Inc. by 144.6% in the first quarter. Charles Schwab Investment Management Inc. now owns 49,229,283 shares of the company’s stock valued at $4,418,820,000 after purchasing an additional 29,104,112 shares during the period. Northern Trust Corp boosted its holdings in Merck & Co., Inc. by 16.8% in the 4th quarter. Northern Trust Corp now owns 31,377,107 shares of the company’s stock valued at $3,121,395,000 after purchasing an additional 4,511,742 shares in the last quarter. Finally, UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC increased its position in Merck & Co., Inc. by 21.4% during the 4th quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC now owns 21,547,758 shares of the company’s stock worth $2,143,571,000 after purchasing an additional 3,791,737 shares during the period. 76.07% of the stock is owned by institutional investors and hedge funds.
Merck & Co., Inc. Company Profile
Merck & Co, Inc is a health care company, which engages in the provision of health solutions through its prescription medicines, vaccines, biologic therapies, animal health, and consumer care products. It operates through the following segments: Pharmaceutical, Animal Health, and Other. The Pharmaceutical segment includes human health pharmaceutical and vaccine products.
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