OMERS ADMINISTRATION Corp Increases Stock Position in Moody’s Corporation $MCO

OMERS ADMINISTRATION Corp increased its holdings in shares of Moody’s Corporation (NYSE:MCO) by 52.0% during the first quarter, according to its most recent filing with the Securities & Exchange Commission. The firm owned 9,068 shares of the business services provider’s stock after acquiring an additional 3,104 shares during the period. OMERS ADMINISTRATION Corp’s holdings in Moody’s were worth $3,956,000 as of its most recent SEC filing.

Other institutional investors have also recently added to or reduced their stakes in the company. Newbridge Financial Services Group Inc. acquired a new stake in Moody’s in the 2nd quarter worth about $25,000. Wilkerson Advisory Group LLC increased its stake in shares of Moody’s by 87.1% in the 1st quarter. Wilkerson Advisory Group LLC now owns 58 shares of the business services provider’s stock worth $25,000 after acquiring an additional 27 shares during the last quarter. Birchwood Financial Partners Inc. acquired a new stake in Moody’s during the fourth quarter worth about $26,000. Whipplewood Advisors LLC increased its holdings in shares of Moody’s by 1,866.7% during the 1st quarter. Whipplewood Advisors LLC now owns 59 shares of the business services provider’s stock worth $26,000 after buying an additional 56 shares during the last quarter. Finally, Nalls Sherbakoff Group LLC purchased a new stake in Moody’s in the fourth quarter valued at $27,000. Institutional investors and hedge funds own 92.11% of the company’s stock.

Moody’s Price Performance

MCO stock opened at $486.05 on Tuesday. The business’s 50-day moving average is $465.90 and its two-hundred day moving average is $464.03. The company has a debt-to-equity ratio of 2.01, a current ratio of 1.19 and a quick ratio of 1.19. The firm has a market capitalization of $84.18 billion, a P/E ratio of 30.82, a P/E/G ratio of 2.34 and a beta of 1.34. Moody’s Corporation has a 1 year low of $402.28 and a 1 year high of $546.88.

Moody’s (NYSE:MCO) last announced its quarterly earnings data on Wednesday, July 22nd. The business services provider reported $4.68 EPS for the quarter, topping analysts’ consensus estimates of $4.26 by $0.42. Moody’s had a return on equity of 80.35% and a net margin of 34.25%.The business had revenue of $2.19 billion during the quarter, compared to the consensus estimate of $2.09 billion. During the same period in the previous year, the company posted $3.56 earnings per share. The business’s revenue for the quarter was up 15.1% on a year-over-year basis. Moody’s has set its FY 2026 guidance at 16.500-17.000 EPS. Analysts anticipate that Moody’s Corporation will post 16.82 earnings per share for the current fiscal year.

Moody’s Announces Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Friday, September 4th. Stockholders of record on Friday, August 14th will be issued a $1.03 dividend. This represents a $4.12 dividend on an annualized basis and a dividend yield of 0.8%. The ex-dividend date is Friday, August 14th. Moody’s’s dividend payout ratio (DPR) is presently 26.13%.

Insiders Place Their Bets

In other news, CEO Robert Fauber sold 1,467 shares of Moody’s stock in a transaction on Monday, June 1st. The shares were sold at an average price of $453.67, for a total transaction of $665,533.89. Following the completion of the sale, the chief executive officer directly owned 52,564 shares of the company’s stock, valued at approximately $23,846,709.88. The trade was a 2.72% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, SVP Richard G. Steele sold 158 shares of the business’s stock in a transaction on Monday, June 1st. The stock was sold at an average price of $453.67, for a total transaction of $71,679.86. Following the transaction, the senior vice president owned 1,985 shares of the company’s stock, valued at approximately $900,534.95. The trade was a 7.37% decrease in their position. The disclosure for this sale is available in the SEC filing. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders sold a total of 3,250 shares of company stock worth $1,495,098 over the last 90 days. Company insiders own 0.14% of the company’s stock.

Analyst Upgrades and Downgrades

MCO has been the topic of a number of research analyst reports. Barclays boosted their price target on shares of Moody’s from $550.00 to $575.00 and gave the company an “overweight” rating in a research note on Friday, July 10th. Weiss Ratings raised Moody’s from a “hold (c+)” rating to a “buy (b-)” rating in a research note on Wednesday, July 15th. Morgan Stanley set a $512.00 price objective on Moody’s in a report on Wednesday, July 22nd. JPMorgan Chase & Co. increased their target price on Moody’s from $530.00 to $600.00 and gave the stock an “overweight” rating in a research note on Monday, July 20th. Finally, Rothschild & Co Redburn set a $500.00 target price on Moody’s in a report on Thursday, June 18th. One investment analyst has rated the stock with a Strong Buy rating, thirteen have issued a Buy rating and five have assigned a Hold rating to the stock. Based on data from MarketBeat.com, the company presently has a consensus rating of “Moderate Buy” and an average target price of $553.61.

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.