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Advisors Capital Management LLC Has $17.34 Million Holdings in Merck & Co., Inc. $MRK
Advisors Capital Management LLC significantly increased its stake in Merck & Co., Inc. (MRK) by 7.2% in the fourth quarter, bringing its total holdings to 164,685 shares valued at $17.34 million. This increase contributes to the approximately 76.07% institutional ownership of Merck’s stock. The company also reported strong Q4 earnings, beating analyst expectations, and provided optimistic FY2026 guidance, driven by a new Google Cloud/Gemini AI partnership and FDA priority review for KEYTRUDA.