Merck & Co., Inc. $MRK Shares Sold by Cardano Risk Management B.V.

Cardano Risk Management B.V. cut its stake in shares of Merck & Co., Inc. (NYSE:MRKFree Report) by 89.8% during the 1st quarter, according to its most recent filing with the SEC. The institutional investor owned 979,681 shares of the company’s stock after selling 8,639,639 shares during the period. Merck & Co., Inc. makes up approximately 1.2% of Cardano Risk Management B.V.’s holdings, making the stock its 23rd largest holding. Cardano Risk Management B.V.’s holdings in Merck & Co., Inc. were worth $117,845,000 at the end of the most recent reporting period.

Several other institutional investors have also modified their holdings of the business. Chesapeake Wealth Management raised its stake in shares of Merck & Co., Inc. by 0.6% in the 4th quarter. Chesapeake Wealth Management now owns 14,740 shares of the company’s stock valued at $1,552,000 after purchasing an additional 87 shares in the last quarter. South Plains Financial Inc. increased its holdings in shares of Merck & Co., Inc. by 0.6% in the 4th quarter. South Plains Financial Inc. now owns 15,535 shares of the company’s stock worth $1,635,000 after acquiring an additional 89 shares during the period. Syverson Strege & Co raised its holdings in shares of Merck & Co., Inc. by 2.2% during the fourth quarter. Syverson Strege & Co now owns 4,142 shares of the company’s stock valued at $436,000 after buying an additional 90 shares during the last quarter. Nations Financial Group Inc. IA ADV grew its stake in shares of Merck & Co., Inc. by 0.4% in the first quarter. Nations Financial Group Inc. IA ADV now owns 23,433 shares of the company’s stock worth $2,819,000 after purchasing an additional 91 shares in the last quarter. Finally, Westside Investment Management Inc. grew its position in Merck & Co., Inc. by 3.1% in the 4th quarter. Westside Investment Management Inc. now owns 3,142 shares of the company’s stock valued at $331,000 after buying an additional 93 shares in the last quarter. Institutional investors and hedge funds own 76.07% of the company’s stock.

Key Merck & Co., Inc. News

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

  • Positive Sentiment: The European Commission approved Keytruda plus Padcev for adults with cisplatin-ineligible resectable muscle-invasive bladder cancer, expanding Merck’s oncology franchise in Europe. European Commission Approves KEYTRUDA Plus Padcev
  • Positive Sentiment: The FDA approved Keytruda and Keytruda Qlex, each combined with Gilead’s Trodelvy, as a first-line treatment for PD-L1-positive advanced triple-negative breast cancer, adding another growth opportunity for the drug. FDA Approves Keytruda and Trodelvy for TNBC
  • Positive Sentiment: Analyst commentary has also been supportive, with CICC Research initiating coverage at outperform and a price target above the recent trading range, reinforcing bullish sentiment around the stock. Merck Coverage Update
  • Neutral Sentiment: Other reports noted that competitor Gilead won EC approval to expand Trodelvy’s label in metastatic TNBC, which is relevant to Merck because Trodelvy is part of the newly approved Keytruda combination, but the net market impact is still unclear. Gilead Wins EC Approval to Expand Trodelvy’s Label
  • Neutral Sentiment: Several analyst notes were mixed, including Citi’s hold rating and Scotiabank’s buy rating, suggesting the latest move is being driven more by product news than by a major change in analyst consensus. Citi Keeps Their Hold Rating on Merck & Company

Wall Street Analysts Forecast Growth

MRK has been the topic of a number of research reports. Wells Fargo & Company dropped their price objective on Merck & Co., Inc. from $150.00 to $145.00 and set an “overweight” rating on the stock in a research note on Friday, May 1st. Citigroup assumed coverage on Merck & Co., Inc. in a report on Wednesday, May 6th. They set a “neutral” rating and a $125.00 price objective for the company. Weiss Ratings cut Merck & Co., Inc. from a “hold (c+)” rating to a “hold (c)” rating in a research note on Friday, May 15th. Royal Bank Of Canada restated an “outperform” rating and issued a $142.00 price objective on shares of Merck & Co., Inc. in a report on Monday, March 30th. Finally, UBS Group raised their price objective on shares of Merck & Co., Inc. from $130.00 to $145.00 and gave the company a “buy” rating in a research report on Monday, April 13th. One equities research analyst has rated the stock with a Strong Buy rating, twelve have assigned a Buy rating and seven have issued a Hold rating to the stock. According to data from MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and an average price target of $128.72.

Check Out Our Latest Stock Report on MRK

Merck & Co., Inc. Trading Up 3.9%

NYSE:MRK opened at $125.36 on Friday. The company’s 50 day moving average is $115.88 and its 200-day moving average is $114.23. 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. has a 12 month low of $76.66 and a 12 month high of $125.96. The firm has a market cap of $309.61 billion, a price-to-earnings ratio of 35.31, a P/E/G ratio of 2.71 and a beta of 0.21.

Merck & Co., Inc. (NYSE:MRKGet Free Report) last posted its earnings results on Thursday, April 30th. The company reported ($1.28) earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of ($1.47) by $0.19. The business had revenue of $16.29 billion for the quarter, compared to analyst estimates of $15.85 billion. Merck & Co., Inc. had a net margin of 13.59% and a return on equity of 27.55%. Merck & Co., Inc.’s revenue was up 4.9% compared to the same quarter last year. During the same period last year, the business posted $2.22 EPS. Merck & Co., Inc. has set its FY 2026 guidance at 5.040-5.160 EPS. Equities analysts anticipate that Merck & Co., Inc. will post 5.17 EPS for the current year.

Merck & Co., Inc. Announces Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Wednesday, July 8th. Stockholders 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 dividend yield of 2.7%. 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.

See Also

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

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