Representative Gilbert Ray Cisneros, Jr. (D-California) recently bought shares of Merck & Co., Inc. (NYSE:MRK). In a filing disclosed on March 06th, the Representative disclosed that they had bought between $15,001 and $50,000 in Merck & Co., Inc. stock on February 26th. The trade occurred in the Representative’s “150 MAIN STREET TRUST > BANK OF AMERICA” account.
Representative Gilbert Ray Cisneros, Jr. also recently made the following trade(s):
- Purchased $1,001 – $15,000 in shares of Sterling Infrastructure (NASDAQ:STRL) on 3/3/2025.
- Purchased $1,001 – $15,000 in shares of Hillman Solutions (NASDAQ:HLMN) on 3/3/2025.
- Sold $1,001 – $15,000 in shares of Ford Motor (NYSE:F) on 2/26/2025.
- Purchased $1,001 – $15,000 in shares of Uber Technologies (NYSE:UBER) on 2/26/2025.
- Sold $15,001 – $50,000 in shares of UnitedHealth Group (NYSE:UNH) on 2/26/2025.
- Purchased $15,001 – $50,000 in shares of Microsoft (NASDAQ:MSFT) on 2/26/2025.
- Sold $1,001 – $15,000 in shares of General Motors (NYSE:GM) on 2/26/2025.
- Purchased $1,001 – $15,000 in shares of Tesla (NASDAQ:TSLA) on 2/26/2025.
- Sold $1,001 – $15,000 in shares of Akamai Technologies (NASDAQ:AKAM) on 2/26/2025.
- Sold $1,001 – $15,000 in shares of Danaher (NYSE:DHR) on 2/26/2025.
Merck & Co., Inc. Stock Performance
NYSE MRK opened at $94.71 on Friday. The company has a fifty day moving average of $94.03 and a two-hundred day moving average of $102.74. The company has a market capitalization of $239.25 billion, a PE ratio of 14.07, a P/E/G ratio of 0.77 and a beta of 0.38. Merck & Co., Inc. has a 1 year low of $81.04 and a 1 year high of $134.63. The company has a debt-to-equity ratio of 0.79, a current ratio of 1.36 and a quick ratio of 1.15.
Merck & Co., Inc. announced that its Board of Directors has authorized a share repurchase plan on Tuesday, January 28th that authorizes the company to repurchase $10.00 billion in shares. This repurchase authorization authorizes the company to purchase up to 4.1% of its shares through open market purchases. Shares repurchase plans are typically an indication that the company’s board of directors believes its shares are undervalued.
Merck & Co., Inc. Dividend Announcement
The business also recently disclosed a quarterly dividend, which will be paid on Monday, April 7th. Shareholders of record on Monday, March 17th will be issued a dividend of $0.81 per share. The ex-dividend date is Monday, March 17th. This represents a $3.24 dividend on an annualized basis and a yield of 3.42%. Merck & Co., Inc.’s payout ratio is currently 48.14%.
Insider Activity
In related news, insider Cristal N. Downing sold 2,361 shares of the business’s stock in a transaction dated Thursday, February 6th. The shares were sold at an average price of $88.76, for a total value of $209,562.36. Following the completion of the transaction, the insider now owns 7,085 shares of the company’s stock, valued at approximately $628,864.60. The trade was a 24.99 % decrease in their position. The sale was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Also, Director Inge G. Thulin bought 2,833 shares of Merck & Co., Inc. stock in a transaction on Thursday, February 6th. The stock was purchased at an average price of $88.25 per share, for a total transaction of $250,012.25. Following the completion of the acquisition, the director now owns 2,933 shares in the company, valued at $258,837.25. This represents a 2,833.00 % increase in their position. The disclosure for this purchase can be found here. Company insiders own 0.09% of the company’s stock.
Wall Street Analyst Weigh In
A number of research firms have commented on MRK. UBS Group dropped their price objective on shares of Merck & Co., Inc. from $125.00 to $120.00 and set a “buy” rating on the stock in a research note on Wednesday, January 8th. TD Cowen cut Merck & Co., Inc. from a “buy” rating to a “hold” rating and decreased their price objective for the stock from $121.00 to $100.00 in a research report on Monday, February 10th. HSBC raised Merck & Co., Inc. from a “hold” rating to a “buy” rating and set a $130.00 target price on the stock in a report on Wednesday, December 4th. TD Securities downgraded Merck & Co., Inc. from a “buy” rating to a “hold” rating and decreased their price target for the stock from $121.00 to $100.00 in a report on Monday, February 10th. Finally, Citigroup lowered their price objective on shares of Merck & Co., Inc. from $125.00 to $115.00 and set a “buy” rating on the stock in a research report on Wednesday, February 5th. One investment analyst has rated the stock with a sell rating, eleven have assigned a hold rating, nine have given a buy rating and three have given a strong buy rating to the company’s stock. According to MarketBeat.com, Merck & Co., Inc. has an average rating of “Moderate Buy” and an average price target of $116.39.
Check Out Our Latest Stock Analysis on Merck & Co., Inc.
Hedge Funds Weigh In On Merck & Co., Inc.
Hedge funds have recently bought and sold shares of the company. Midwest Capital Advisors LLC acquired a new position in shares of Merck & Co., Inc. during the 4th quarter worth $26,000. Financial Life Planners purchased a new position in Merck & Co., Inc. during the 4th quarter valued at about $28,000. Noble Wealth Management PBC acquired a new position in Merck & Co., Inc. during the fourth quarter worth about $28,000. Halbert Hargrove Global Advisors LLC purchased a new stake in shares of Merck & Co., Inc. in the fourth quarter valued at about $28,000. Finally, Promus Capital LLC purchased a new stake in shares of Merck & Co., Inc. in the fourth quarter valued at about $30,000. 76.07% of the stock is owned by hedge funds and other institutional investors.
About Representative Cisneros
Gil Cisneros (Democratic Party) is a member of the U.S. House, representing California’s 31st Congressional District. He assumed office on January 3, 2025. His current term ends on January 3, 2027.
Cisneros (Democratic Party) is running for re-election to the U.S. House to represent California’s 31st Congressional District. He declared candidacy for the 2026 election.
Gil Cisneros served in the U.S. Navy as a supply officer from 1994 to 2004. Cisneros earned a bachelor’s degree in political science from George Washington University in 1994, a master’s in business administration from Regis University in 2002, and a master’s degree in urban education policy from Brown University in 2015. His career experience includes working as a logistics manager for Frito-Lay. In 2010, Cisneros won the lottery and became involved in activism and philanthropy, founding a scholarship program for local high school students. In 2021, President Joe Biden (D) appointed Cisneros as under secretary of defense for personnel and readiness.
Merck & Co., Inc. Company Profile
Merck & Co, Inc is a health care company, which engages in the provision of health solutions through its prescription medicines, vaccines, biologic therapies, animal health, and consumer care products. It operates through the following segments: Pharmaceutical, Animal Health, and Other. The Pharmaceutical segment includes human health pharmaceutical and vaccine products.
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