Merck & Co., Inc. $MRK Stock Position Lowered by MassMutual Private Wealth & Trust FSB

MassMutual Private Wealth & Trust FSB reduced its stake in Merck & Co., Inc. (NYSE:MRK) by 6.9% in the third quarter, selling 10,415 shares but still holding 140,363 shares valued at approximately $20.4 million. Despite this, institutional investors collectively own 76.07% of MRK. The company reported strong Q3 revenue of $16.61 billion, exceeding analyst expectations, and declared a quarterly dividend of $0.85, while analysts maintain a "Moderate Buy" rating with an average price target of $145