UniSuper Management Pty Ltd Raises Stake in Merck & Co., Inc. $MRK

UniSuper Management Pty Ltd increased its stake in shares of Merck & Co., Inc. (NYSE:MRKFree Report) by 1.1% during the fourth quarter, according to its most recent filing with the SEC. The institutional investor owned 1,099,561 shares of the company’s stock after purchasing an additional 12,438 shares during the period. Merck & Co., Inc. accounts for 0.7% of UniSuper Management Pty Ltd’s investment portfolio, making the stock its 24th largest position. UniSuper Management Pty Ltd’s holdings in Merck & Co., Inc. were worth $115,740,000 as of its most recent filing with the SEC.

Other institutional investors have also added to or reduced their stakes in the company. D.A. Davidson & CO. lifted its holdings in Merck & Co., Inc. by 4.4% during the 4th quarter. D.A. Davidson & CO. now owns 576,959 shares of the company’s stock worth $60,731,000 after purchasing an additional 24,576 shares in the last quarter. Farther Finance Advisors LLC lifted its holdings in Merck & Co., Inc. by 48.9% during the 4th quarter. Farther Finance Advisors LLC now owns 97,818 shares of the company’s stock worth $10,296,000 after purchasing an additional 32,114 shares in the last quarter. Coldstream Capital Management Inc. increased its stake in Merck & Co., Inc. by 12.7% in the 3rd quarter. Coldstream Capital Management Inc. now owns 123,366 shares of the company’s stock worth $10,364,000 after acquiring an additional 13,940 shares during the last quarter. NEOS Investment Management LLC increased its stake in Merck & Co., Inc. by 39.9% in the 3rd quarter. NEOS Investment Management LLC now owns 347,684 shares of the company’s stock worth $29,181,000 after acquiring an additional 99,074 shares during the last quarter. Finally, Campbell Capital Management Inc. bought a new position in Merck & Co., Inc. in the 3rd quarter worth about $1,866,000. Hedge funds and other institutional investors own 76.07% of the company’s stock.

Merck & Co., Inc. News Summary

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

Merck & Co., Inc. Price Performance

Shares of Merck & Co., Inc. stock opened at $120.81 on Friday. The company has a current ratio of 1.30, a quick ratio of 1.06 and a debt-to-equity ratio of 1.02. The firm has a market capitalization of $298.37 billion, a PE ratio of 34.03, a price-to-earnings-growth ratio of 2.68 and a beta of 0.21. The business’s 50-day moving average price is $116.59 and its 200-day moving average price is $113.19. Merck & Co., Inc. has a 12 month low of $76.66 and a 12 month high of $125.14.

Merck & Co., Inc. (NYSE:MRKGet Free Report) last announced its quarterly earnings data on Thursday, April 30th. The company reported ($1.28) EPS for the quarter, beating the consensus estimate of ($1.47) by $0.19. The firm had revenue of $16.29 billion for the quarter, compared to analyst estimates of $15.85 billion. Merck & Co., Inc. had a return on equity of 27.55% and a net margin of 13.59%.The company’s revenue was up 4.9% on a year-over-year basis. During the same period in the prior year, the company earned $2.22 EPS. Merck & Co., Inc. has set its FY 2026 guidance at 5.040-5.160 EPS. Sell-side analysts forecast that Merck & Co., Inc. will post 5.17 EPS for the current fiscal year.

Merck & Co., Inc. Dividend Announcement

The business also recently declared a quarterly dividend, which will be paid on Wednesday, July 8th. Investors of record on Monday, June 15th will be given a dividend of $0.85 per share. This represents a $3.40 annualized dividend and a yield of 2.8%. The ex-dividend date is Monday, June 15th. Merck & Co., Inc.’s dividend payout ratio (DPR) is presently 95.77%.

Analyst Upgrades and Downgrades

MRK has been the topic of a number of research analyst reports. Royal Bank Of Canada restated an “outperform” rating and issued a $142.00 target price on shares of Merck & Co., Inc. in a research note on Monday, March 30th. Weiss Ratings lowered Merck & Co., Inc. from a “hold (c+)” rating to a “hold (c)” rating in a research note on Friday, May 15th. Barclays assumed coverage on Merck & Co., Inc. in a research note on Friday, February 20th. They issued an “overweight” rating and a $140.00 target price on the stock. Citigroup initiated coverage on shares of Merck & Co., Inc. in a report on Wednesday, May 6th. They issued a “neutral” rating and a $125.00 price target on the stock. Finally, Wells Fargo & Company lowered 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. One equities research 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 stock. According to MarketBeat.com, Merck & Co., Inc. presently has an average rating of “Moderate Buy” and a consensus price target of $128.18.

Check Out Our Latest Stock Report on MRK

About Merck & Co., Inc.

(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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