Quent Long Short Global Small Cap Fund LP Acquires New Position in Merck & Co., Inc. $MRK

Quent Long Short Global Small Cap Fund LP acquired a new stake in Merck & Co., Inc. (NYSE:MRKFree Report) in the fourth quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The fund acquired 8,157 shares of the company’s stock, valued at approximately $859,000.

A number of other institutional investors have also recently made changes to their positions in MRK. Darwin Wealth Management LLC grew its holdings in shares of Merck & Co., Inc. by 237.4% in the third quarter. Darwin Wealth Management LLC now owns 307 shares of the company’s stock valued at $26,000 after purchasing an additional 216 shares in the last quarter. Barnes Dennig Private Wealth Management LLC grew its holdings in shares of Merck & Co., Inc. by 302.3% in the third quarter. Barnes Dennig Private Wealth Management LLC now owns 354 shares of the company’s stock valued at $30,000 after purchasing an additional 266 shares in the last quarter. United Financial Planning Group LLC acquired a new position in shares of Merck & Co., Inc. in the third quarter valued at approximately $31,000. Wealth Watch Advisors INC acquired a new position in Merck & Co., Inc. during the 3rd quarter worth $34,000. Finally, Dunhill Financial LLC grew its stake in Merck & Co., Inc. by 83.0% during the 3rd quarter. Dunhill Financial LLC now owns 419 shares of the company’s stock worth $35,000 after purchasing an additional 190 shares in the last quarter. Institutional investors and hedge funds own 76.07% of the company’s stock.

Analyst Ratings Changes

MRK has been the subject of several analyst reports. JPMorgan Chase & Co. boosted their target price on Merck & Co., Inc. from $125.00 to $135.00 and gave the stock an “overweight” rating in a research note on Monday, April 6th. Guggenheim boosted their target price on Merck & Co., Inc. from $122.00 to $140.00 and gave the stock a “buy” rating in a research note on Friday, February 6th. Wolfe Research raised Merck & Co., Inc. from a “peer perform” rating to an “outperform” rating and set a $135.00 target price for the company in a research note on Thursday, January 8th. Royal Bank Of Canada reissued an “outperform” rating and set a $142.00 target price on shares of Merck & Co., Inc. in a research note on Monday, March 30th. Finally, Zacks Research raised shares of Merck & Co., Inc. from a “strong sell” rating to a “hold” rating in a research report on Tuesday, March 17th. One research 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 stock. According to data from MarketBeat, the stock has a consensus rating of “Moderate Buy” and a consensus target price of $128.47.

Get Our Latest Report on MRK

Merck & Co., Inc. Trading Up 1.6%

NYSE:MRK opened at $114.68 on Friday. The stock has a 50-day simple moving average of $118.80 and a 200-day simple moving average of $106.58. The stock has a market cap of $283.25 billion, a P/E ratio of 15.75, a P/E/G ratio of 2.27 and a beta of 0.26. Merck & Co., Inc. has a 1 year low of $73.31 and a 1 year high of $125.14. The company has a debt-to-equity ratio of 0.89, a quick ratio of 1.30 and a current ratio of 1.54.

Merck & Co., Inc. (NYSE:MRKGet Free Report) last announced its quarterly earnings results on Tuesday, February 3rd. The company reported $2.04 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $2.01 by $0.03. The firm had revenue of $16.40 billion during the quarter, compared to the consensus estimate of $16.19 billion. Merck & Co., Inc. had a return on equity of 44.57% and a net margin of 28.08%.The firm’s quarterly revenue was up 5.0% compared to the same quarter last year. During the same period in the prior year, the company posted $1.72 earnings per share. Merck & Co., Inc. has set its FY 2026 guidance at 5.000-5.150 EPS. As a group, analysts anticipate that Merck & Co., Inc. will post 4.93 earnings per share for the current fiscal year.

Merck & Co., Inc. Dividend Announcement

The business also recently announced a quarterly dividend, which was paid on Tuesday, April 7th. Stockholders of record on Monday, March 16th were issued a $0.85 dividend. The ex-dividend date was Monday, March 16th. This represents a $3.40 annualized dividend and a dividend yield of 3.0%. Merck & Co., Inc.’s dividend payout ratio is presently 46.70%.

Insiders Place Their Bets

In other news, CFO Caroline Litchfield sold 41,997 shares of the company’s stock in a transaction on Wednesday, February 4th. The shares were sold at an average price of $119.61, for a total value of $5,023,261.17. Following the completion of the transaction, the chief financial officer owned 90,192 shares in the company, valued at approximately $10,787,865.12. This represents a 31.77% decrease in their position. The sale was disclosed in a filing with the SEC, which is accessible through this link. Also, EVP Jennifer Zachary sold 121,573 shares of the company’s stock in a transaction on Monday, February 9th. The shares were sold at an average price of $119.15, for a total transaction of $14,485,422.95. Following the completion of the transaction, the executive vice president owned 68,916 shares of the company’s stock, valued at approximately $8,211,341.40. The trade was a 63.82% decrease in their position. The disclosure for this sale is available in the SEC filing. In the last 90 days, insiders have sold 320,176 shares of company stock worth $38,281,735. 0.13% of the stock is currently owned by company insiders.

Key Headlines 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.

See Also

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

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