Northwestern Mutual Wealth Management Co. Sells 40,376 Shares of Merck & Co., Inc. $MRK

Northwestern Mutual Wealth Management Co. has reduced its stake in Merck & Co., Inc. by 9.5%, selling 40,376 shares but still holding 386,735 shares valued at approximately $49.7 million. Despite this sale, analysts maintain a "Moderate Buy" consensus for Merck with an average price target of $147.60, as the company reported strong quarterly revenues of $16.61 billion, exceeding expectations, and declared a quarterly dividend of $0.85 per share. Institutional investors collectively own 76.07% of