OFI Invest Asset Management Has $867,000 Stock Holdings in Moody’s Corporation $MCO

OFI Invest Asset Management lifted its position in shares of Moody’s Corporation (NYSE:MCO) by 567.4% during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 1,762 shares of the business services provider’s stock after purchasing an additional 1,498 shares during the period. OFI Invest Asset Management’s holdings in Moody’s were worth $867,000 at the end of the most recent quarter.

Several other institutional investors also recently modified their holdings of MCO. Rexford Capital Inc. acquired a new position in shares of Moody’s during the 2nd quarter worth about $25,000. Newbridge Financial Services Group Inc. acquired a new position in shares of Moody’s during the 2nd quarter worth about $25,000. Caitlin John LLC acquired a new position in shares of Moody’s during the 3rd quarter worth about $27,000. Caitong International Asset Management Co. Ltd acquired a new position in shares of Moody’s during the 3rd quarter worth about $30,000. Finally, Heartwood Wealth Advisors LLC acquired a new position in shares of Moody’s during the 3rd quarter worth about $31,000. 92.11% of the stock is currently owned by institutional investors and hedge funds.

Moody’s Stock Performance

Shares of MCO stock opened at $438.55 on Friday. The company has a market capitalization of $78.06 billion, a price-to-earnings ratio of 32.06, a PEG ratio of 2.31 and a beta of 1.45. The company has a debt-to-equity ratio of 1.66, a quick ratio of 1.74 and a current ratio of 1.74. The company has a 50-day simple moving average of $447.16 and a 200 day simple moving average of $479.05. Moody’s Corporation has a 52 week low of $402.28 and a 52 week high of $546.88.

Moody’s (NYSE:MCO) last announced its earnings results on Wednesday, February 18th. The business services provider reported $3.64 EPS for the quarter, topping the consensus estimate of $3.39 by $0.25. The business had revenue of $1.89 billion during the quarter, compared to the consensus estimate of $1.87 billion. Moody’s had a net margin of 31.86% and a return on equity of 66.01%. Moody’s’s revenue was up 13.0% compared to the same quarter last year. During the same quarter in the previous year, the firm posted $2.62 EPS. Moody’s has set its FY 2026 guidance at 16.400-17.000 EPS. On average, sell-side analysts predict that Moody’s Corporation will post 13.95 earnings per share for the current year.

Moody’s Increases Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Friday, March 13th. Shareholders of record on Monday, March 2nd were issued a $1.03 dividend. The ex-dividend date of this dividend was Monday, March 2nd. This represents a $4.12 dividend on an annualized basis and a yield of 0.9%. This is an increase from Moody’s’s previous quarterly dividend of $0.94. Moody’s’s payout ratio is presently 30.12%.

Analyst Ratings Changes

Several research analysts have recently weighed in on the stock. Barclays lowered their price objective on shares of Moody’s from $580.00 to $550.00 and set an “overweight” rating on the stock in a research note on Monday, February 23rd. Wells Fargo & Company lifted their target price on shares of Moody’s from $620.00 to $660.00 and gave the stock an “overweight” rating in a report on Wednesday, January 14th. JPMorgan Chase & Co. reduced their target price on shares of Moody’s from $600.00 to $560.00 and set an “overweight” rating for the company in a report on Thursday, February 19th. Morgan Stanley reduced their target price on shares of Moody’s from $526.00 to $489.00 and set an “equal weight” rating for the company in a report on Tuesday. Finally, Mizuho reduced their target price on shares of Moody’s from $550.00 to $524.00 and set a “neutral” rating for the company in a report on Tuesday, February 24th. One equities research analyst has rated the stock with a Strong Buy rating, twelve have issued a Buy rating and five have issued a Hold rating to the stock. According to data from MarketBeat, the company presently has a consensus rating of “Moderate Buy” and a consensus price target of $547.94.

Insider Transactions at Moody’s

In other Moody’s news, SVP Richard G. Steele sold 375 shares of the business’s stock in a transaction dated Tuesday, March 3rd. The shares were sold at an average price of $456.71, for a total value of $171,266.25. Following the completion of the sale, the senior vice president owned 2,459 shares of the company’s stock, valued at $1,123,049.89. The trade was a 13.23% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available at the SEC website. Also, CEO Robert Fauber sold 1,467 shares of the business’s stock in a transaction dated Wednesday, April 1st. The shares were sold at an average price of $437.77, for a total transaction of $642,208.59. Following the completion of the sale, the chief executive officer directly owned 75,489 shares of the company’s stock, valued at $33,046,819.53. This represents a 1.91% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders sold a total of 8,222 shares of company stock valued at $3,786,732 in the last three months. Insiders own 0.14% of the company’s stock.

Moody’s Company Profile

Moody’s Corporation is a global provider of credit ratings, research, data and analytics that support financial decision-making and transparency in capital markets. The company traces its origins to the early 20th century when financial analyst John Moody began publishing credit information; today Moody’s is headquartered in New York and serves a broad set of market participants including investors, issuers, financial institutions, corporations, governments and regulators.

Moody’s operates primarily through two complementary businesses.