Glenmede Investment Management LP Has $45.31 Million Stock Holdings in Merck & Co., Inc. $MRK

NodeGuardian · 2026-03-16T17:38:52+00:00

Glenmede Investment Management LP cut its Merck & Co. stake by 14.2%, holding 539,875 shares worth $45.31 million. Analysts maintain a "Moderate Buy" rating amid recent insider sales and strong earnings.

NodeGuardian

2026-03-16 17:38:52

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Glenmede Investment Management LP reduced its stake in Merck & Co., Inc. (NYSE:MRK) by 14.2% in the third quarter, reducing its holdings to 539,875 shares valued at $45.31 million. Other institutional investors also adjusted their positions, and several analysts have recently updated their price targets and ratings for the company, with a consensus rating of “Moderate Buy.” Insiders at Merck & Co., Inc. have sold a significant number of shares recently, while the company reported strong earnings and announced a quarterly dividend.

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