5 Best Long Term Low Risk Stocks to Buy

3. Merck & Co., Inc. (NYSE:MRK)

Number of Hedge Fund Holders: 98

Beta Value: 0.41

Merck & Co., Inc. (NYSE:MRK), a distinguished American multinational pharmaceutical firm based in Rahway, New Jersey, has a lineage dating back to the Merck Group, founded in Germany in 1668. Initially serving as the American branch of this esteemed conglomerate, the company operates internationally under the names Merck Sharp & Dohme or MSD. With a track record of consistent dividend growth spanning 11 years, Merck & Co., Inc. (NYSE:MRK) presently provides shareholders with a quarterly dividend of $0.77 per share, yielding 2.46% as of April 17.

In the fourth quarter of 2023, 98 out of the 933 hedge funds polled by Insider Monkey had invested in Merck & Co., Inc. (NYSE:MRK). Fisher Asset Management, led by Ken Fisher, emerged as the largest shareholder with a stake valued at $1.4 billion.