Merck & Co., Inc. $MRK Shares Acquired by Turtle Creek Wealth Advisors LLC

by · The Cerbat Gem

Turtle Creek Wealth Advisors LLC boosted its stake in Merck & Co., Inc. (NYSE:MRKFree Report) by 36.1% in the fourth quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor owned 20,734 shares of the company’s stock after buying an additional 5,505 shares during the quarter. Turtle Creek Wealth Advisors LLC’s holdings in Merck & Co., Inc. were worth $2,182,000 at the end of the most recent quarter.

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

Wall Street Analyst Weigh In

A number of analysts have recently commented on MRK shares. Royal Bank Of Canada reissued an “outperform” rating and issued a $142.00 price objective on shares of Merck & Co., Inc. in a research report on Monday, March 30th. Deutsche Bank Aktiengesellschaft raised shares of Merck & Co., Inc. from a “hold” rating to a “buy” rating and set a $150.00 price objective for the company in a research report on Friday, February 13th. JPMorgan Chase & Co. increased their target price on shares of Merck & Co., Inc. from $125.00 to $135.00 and gave the stock an “overweight” rating in a report on Monday, April 6th. Barclays began coverage on shares of Merck & Co., Inc. in a research report on Friday, February 20th. They set an “overweight” rating and a $140.00 target price for the company. Finally, UBS Group increased their target price on Merck & Co., Inc. from $130.00 to $145.00 and gave the stock a “buy” rating in a report on Monday, April 13th. One investment analyst has rated the stock with a Strong Buy rating, eleven have issued a Buy rating and seven have issued a Hold rating to the company. According to MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and a consensus target price of $128.47.

Check Out Our Latest Stock Report on Merck & Co., Inc.

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Insider Transactions at Merck & Co., Inc.

In other Merck & Co., Inc. news, EVP Jennifer Zachary sold 121,573 shares of the stock in a transaction that occurred on Monday, February 9th. The stock was sold at an average price of $119.15, for a total transaction of $14,485,422.95. Following the transaction, the executive vice president owned 68,916 shares in the company, valued at approximately $8,211,341.40. This represents a 63.82% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Also, CEO Robert M. Davis sold 47,434 shares of the stock in a transaction that occurred on Wednesday, February 4th. The shares were sold at an average price of $118.04, for a total value of $5,599,109.36. Following the transaction, the chief executive officer directly owned 443,602 shares of the company’s stock, valued at $52,362,780.08. The trade was a 9.66% decrease in their position. The SEC filing for this sale provides additional information. In the last quarter, insiders sold 320,176 shares of company stock worth $38,281,735. Company insiders own 0.13% of the company’s stock.

Merck & Co., Inc. Price Performance

MRK opened at $114.68 on Friday. Merck & Co., Inc. has a 12-month low of $73.31 and a 12-month high of $125.14. The company has a market cap of $283.25 billion, a price-to-earnings ratio of 15.75, a price-to-earnings-growth ratio of 2.27 and a beta of 0.26. The stock has a fifty day simple moving average of $118.80 and a two-hundred day simple moving average of $106.58. The company has a current ratio of 1.54, a quick ratio of 1.30 and a debt-to-equity ratio of 0.89.

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

Merck & Co., Inc. Dividend Announcement

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

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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