Wolfe Research Initiates Coverage of Merck (SNSE:MRK) with Peer Perform Recommendation

Fintel reports that on November 15, 2024, Wolfe Research initiated coverage of Merck (SNSE:MRK) with a Peer Perform recommendation.

What is the Fund Sentiment?

There are 5,077 funds or institutions reporting positions in Merck. This is an decrease of 22 owner(s) or 0.43% in the last quarter. Average portfolio weight of all funds dedicated to MRK is 0.68%, an increase of 13.72%. Total shares owned by institutions increased in the last three months by 10.86% to 2,332,521K shares.

What are Other Shareholders Doing?

CL:MRK / Merck & Co., Inc. Shares Held by Institutions

BlackRock holds 212,060K shares representing 8.38% ownership of the company.

VTSMX - Vanguard Total Stock Market Index Fund Investor Shares holds 80,020K shares representing 3.16% ownership of the company. In its prior filing, the firm reported owning 79,658K shares , representing an increase of 0.45%. The firm decreased its portfolio allocation in MRK by 8.35% over the last quarter.

Wellington Management Group Llp holds 75,809K shares representing 3.00% ownership of the company. In its prior filing, the firm reported owning 72,482K shares , representing an increase of 4.39%. The firm decreased its portfolio allocation in MRK by 86.80% over the last quarter.

VFINX - Vanguard 500 Index Fund Investor Shares holds 65,007K shares representing 2.57% ownership of the company. In its prior filing, the firm reported owning 63,859K shares , representing an increase of 1.77%. The firm decreased its portfolio allocation in MRK by 9.59% over the last quarter.

Geode Capital Management holds 59,155K shares representing 2.34% ownership of the company. In its prior filing, the firm reported owning 57,021K shares , representing an increase of 3.61%. The firm decreased its portfolio allocation in MRK by 54.04% over the last quarter.

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This story originally appeared on Fintel.

The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.

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