Moors & Cabot Inc. Has $10.31 Million Stake in Merck & Co., Inc. $MRK

Moors & Cabot Inc. grew its position in Merck & Co., Inc. (NYSE:MRKFree Report) by 6.2% during the fourth quarter, according to the company in its most recent 13F filing with the SEC. The fund owned 97,972 shares of the company’s stock after purchasing an additional 5,726 shares during the quarter. Moors & Cabot Inc.’s holdings in Merck & Co., Inc. were worth $10,313,000 as of its most recent filing with the SEC.

Other large investors also recently modified their holdings of the company. Kingdom Financial Group LLC. bought a new stake in Merck & Co., Inc. during the fourth quarter valued at $25,000. United Financial Planning Group LLC bought a new position in shares of Merck & Co., Inc. in the 3rd quarter worth about $31,000. High Note Wealth LLC raised its position in shares of Merck & Co., Inc. by 58.9% in the 4th quarter. High Note Wealth LLC now owns 294 shares of the company’s stock worth $31,000 after acquiring an additional 109 shares in the last quarter. Tucker Asset Management LLC acquired a new position in shares of Merck & Co., Inc. in the 4th quarter valued at about $34,000. Finally, Wealth Watch Advisors INC acquired a new position in shares of Merck & Co., Inc. in the 3rd quarter valued at about $34,000. 76.07% of the stock is currently owned by institutional investors and hedge funds.

Key Stories Impacting Merck & Co., Inc.

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

Analyst Ratings Changes

MRK has been the topic of several research analyst reports. Guggenheim raised 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. Cantor Fitzgerald increased their price target on Merck & Co., Inc. from $116.00 to $120.00 and gave the stock a “neutral” rating in a report on Wednesday, February 4th. Royal Bank Of Canada reaffirmed an “outperform” rating and set a $142.00 price objective on shares of Merck & Co., Inc. in a research report on Monday, March 30th. Wall Street Zen downgraded shares of Merck & Co., Inc. from a “buy” rating to a “hold” rating in a research report on Saturday, May 16th. Finally, Deutsche Bank Aktiengesellschaft raised shares of Merck & Co., Inc. from a “hold” rating to a “buy” rating and set a $150.00 price target for the company in a research note on Friday, February 13th. One equities research analyst has rated the stock with a Strong Buy rating, eleven have given a Buy rating and seven have assigned a Hold rating to the company’s stock. According to MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and an average price target of $128.18.

Get Our Latest Analysis on MRK

Merck & Co., Inc. Stock Down 0.3%

Merck & Co., Inc. stock opened at $119.87 on Friday. Merck & Co., Inc. has a 1-year low of $75.40 and a 1-year high of $125.14. The firm has a market capitalization of $296.05 billion, a price-to-earnings ratio of 33.77, a price-to-earnings-growth ratio of 2.71 and a beta of 0.18. The firm’s fifty day moving average price is $116.31 and its two-hundred day moving average price is $111.41. 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 posted its earnings results on Thursday, April 30th. The company reported ($1.28) EPS for the quarter, topping the consensus estimate of ($1.47) by $0.19. Merck & Co., Inc. had a net margin of 13.59% and a return on equity of 27.55%. The company had revenue of $16.29 billion during the quarter, compared to the consensus estimate of $15.85 billion. During the same period in the previous year, the firm posted $2.22 earnings per share. The firm’s revenue for the quarter was up 4.9% on a year-over-year basis. Merck & Co., Inc. has set its FY 2026 guidance at 5.040-5.160 EPS. On average, equities research analysts predict that Merck & Co., Inc. will post 5.16 earnings per share for the current fiscal year.

Merck & Co., Inc. Announces Dividend

The business 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 of this dividend is Monday, June 15th. This represents a $3.40 annualized dividend and a dividend yield of 2.8%. Merck & Co., Inc.’s dividend payout ratio is 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.

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

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