Vise Technologies Inc. grew its position in shares of Moody’s Corporation (NYSE:MCO – Free Report) by 39.4% in the 4th quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 4,999 shares of the business services provider’s stock after purchasing an additional 1,412 shares during the period. Vise Technologies Inc.’s holdings in Moody’s were worth $2,554,000 at the end of the most recent reporting period.
Several other hedge funds have also recently added to or reduced their stakes in MCO. Vanguard Group Inc. lifted its stake in shares of Moody’s by 0.7% in the 4th quarter. Vanguard Group Inc. now owns 15,272,967 shares of the business services provider’s stock valued at $7,802,195,000 after acquiring an additional 102,682 shares during the last quarter. Geode Capital Management LLC lifted its stake in shares of Moody’s by 1.1% in the 4th quarter. Geode Capital Management LLC now owns 3,965,480 shares of the business services provider’s stock valued at $2,019,551,000 after acquiring an additional 42,966 shares during the last quarter. PineStone Asset Management Inc. lifted its stake in shares of Moody’s by 4.9% in the 4th quarter. PineStone Asset Management Inc. now owns 2,375,768 shares of the business services provider’s stock valued at $1,213,661,000 after acquiring an additional 111,725 shares during the last quarter. Norges Bank bought a new stake in shares of Moody’s in the 4th quarter valued at about $1,097,101,000. Finally, Legal & General Group Plc lifted its stake in shares of Moody’s by 6.7% in the 3rd quarter. Legal & General Group Plc now owns 1,447,105 shares of the business services provider’s stock valued at $689,517,000 after acquiring an additional 91,463 shares during the last quarter. Institutional investors own 92.11% of the company’s stock.
Insider Transactions at Moody’s
In related news, CEO Robert Fauber sold 1,467 shares of the business’s stock in a transaction dated Friday, May 1st. The stock was sold at an average price of $466.39, for a total transaction of $684,194.13. Following the transaction, the chief executive officer owned 75,189 shares in the company, valued at $35,067,397.71. The trade was a 1.91% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, SVP Richard G. Steele sold 158 shares of the company’s stock in a transaction that occurred on Monday, June 1st. The stock was sold at an average price of $453.67, for a total value of $71,679.86. Following the transaction, the senior vice president owned 1,985 shares in the company, valued at $900,534.95. This trade represents a 7.37% 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. In the last 90 days, insiders have sold 4,717 shares of company stock worth $2,137,306. 0.14% of the stock is owned by company insiders.
Moody’s Stock Up 0.5%
Moody’s (NYSE:MCO – Get Free Report) last announced its quarterly earnings results on Wednesday, April 22nd. The business services provider reported $4.33 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $4.22 by $0.11. Moody’s had a return on equity of 70.97% and a net margin of 31.69%.The company had revenue of $2.08 billion for the quarter, compared to the consensus estimate of $2.11 billion. During the same quarter in the previous year, the business earned $3.83 EPS. Moody’s’s revenue was up 8.1% compared to the same quarter last year. Moody’s has set its FY 2026 guidance at 16.400-17.000 EPS. Sell-side analysts anticipate that Moody’s Corporation will post 16.69 EPS for the current year.
Moody’s Dividend Announcement
The firm also recently declared a quarterly dividend, which was paid on Friday, June 5th. Investors of record on Friday, May 15th were issued a dividend of $1.03 per share. This represents a $4.12 dividend on an annualized basis and a yield of 0.9%. The ex-dividend date was Friday, May 15th. Moody’s’s payout ratio is currently 29.53%.
Analyst Upgrades and Downgrades
A number of equities research analysts have recently weighed in on the company. Mizuho lowered their target price on Moody’s from $524.00 to $521.00 and set a “neutral” rating for the company in a research note on Tuesday, April 28th. JPMorgan Chase & Co. lowered their target price on Moody’s from $600.00 to $560.00 and set an “overweight” rating for the company in a research note on Thursday, February 19th. Wells Fargo & Company boosted their target price on Moody’s from $560.00 to $590.00 and gave the company an “overweight” rating in a research note on Thursday, April 23rd. Weiss Ratings lowered Moody’s from a “buy (b-)” rating to a “hold (c+)” rating in a research note on Monday, April 27th. Finally, Wolfe Research reissued an “outperform” rating and issued a $535.00 target price on shares of Moody’s in a research note on Thursday, April 23rd. One investment analyst has rated the stock with a Strong Buy rating, twelve have assigned a Buy rating and six have issued a Hold rating to the stock. According to data from MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and an average target price of $544.29.
Get Our Latest Stock Analysis on Moody’s
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.
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