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

Longfellow Investment Management Co. LLC lowered its stake in Merck & Co., Inc. (NYSE:MRKFree Report) by 40.2% during the fourth quarter, according to the company in its most recent Form 13F filing with the SEC. The institutional investor owned 11,593 shares of the company’s stock after selling 7,783 shares during the quarter. Longfellow Investment Management Co. LLC’s holdings in Merck & Co., Inc. were worth $1,220,000 at the end of the most recent reporting period.

A number of other institutional investors have also recently bought and sold shares of the stock. DB&C Advisors LLC bought a new position in Merck & Co., Inc. in the fourth quarter valued at approximately $321,000. MCF Advisors LLC lifted its stake in 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 buying an additional 3,435 shares in the last quarter. First Command Advisory Services Inc. lifted its stake in 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 buying an additional 1,486 shares in the last quarter. Invst LLC bought a new position in Merck & Co., Inc. in the fourth quarter valued at approximately $279,000. Finally, BI Asset Management Fondsmaeglerselskab A S lifted its stake in 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 buying an additional 110,415 shares in the last quarter. Institutional investors own 76.07% of the company’s stock.

Analyst Upgrades and Downgrades

A number of research analysts have weighed in on MRK shares. Wall Street Zen raised shares of Merck & Co., Inc. from a “hold” rating to a “buy” rating in a research note on Saturday. Citigroup started 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 objective on the stock. Deutsche Bank Aktiengesellschaft raised shares of Merck & Co., Inc. from a “hold” rating to a “buy” rating and set a $150.00 price objective on the stock in a research report on Friday, February 13th. Wells Fargo & Company cut their price objective on shares of Merck & Co., Inc. from $150.00 to $145.00 and set an “overweight” rating on the stock in a research report on Friday, May 1st. 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 investment analyst has rated the stock with a Strong Buy rating, eleven have given a Buy rating and seven have issued a Hold rating to the company’s stock. According to MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy” and a consensus target price of $128.18.

Check Out Our Latest Stock 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. Price Performance

Shares of MRK opened at $121.05 on Friday. The company has a market cap of $298.96 billion, a price-to-earnings ratio of 34.10, a PEG ratio of 2.72 and a beta of 0.21. Merck & Co., Inc. has a 1-year low of $76.66 and a 1-year high of $125.14. The company’s fifty day simple moving average is $116.55 and its 200 day simple moving average is $112.39. The company has a current ratio of 1.30, a quick ratio of 1.06 and a debt-to-equity ratio of 1.02.

Merck & Co., Inc. (NYSE:MRKGet Free Report) last issued its earnings results on Thursday, April 30th. The company reported ($1.28) earnings per share for the quarter, topping analysts’ consensus estimates of ($1.47) by $0.19. The business 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 firm’s revenue for the quarter was up 4.9% on a year-over-year basis. During the same period in the previous year, the company earned $2.22 earnings per share. Merck & Co., Inc. has set its FY 2026 guidance at 5.040-5.160 EPS. On average, 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 announced a quarterly dividend, which will be paid on Wednesday, July 8th. Investors of record on Monday, June 15th will be issued 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 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.

Further Reading

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

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