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Merck's Q3 earnings missed estimates, but the company boosted its dividend and saw rising investor interest.
Merck & Co. reported third-quarter earnings of $1.94 per share, slightly below the $2.08 estimate, while maintaining strong financial health with a 44.54% return on equity and 29.63% net margin.
The company raised its quarterly dividend to $0.85, yielding 3.2%, and saw institutional investors increase their stakes, including Stablepoint Partners LLC and Charles Schwab Investment Management.
Merck, known for Keytruda and Gardasil, has a market cap of $266.54 billion, trades at $107.39, and holds a consensus "Hold" rating with a $114.20 target.
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Las ganancias del tercer trimestre de Merck no alcanzaron las estimaciones, pero la compañía aumentó su dividendo y vio un creciente interés de los inversores.