Van Berkom & Associates Inc. Acquires 41,862 Shares of Maximus, Inc. $MMS

Van Berkom & Associates Inc. grew its holdings in shares of Maximus, Inc. (NYSE:MMS) by 3.7% in the 1st quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 1,172,190 shares of the health services provider’s stock after purchasing an additional 41,862 shares during the quarter. Maximus makes up 2.5% of Van Berkom & Associates Inc.’s investment portfolio, making the stock its 19th largest holding. Van Berkom & Associates Inc.’s holdings in Maximus were worth $75,137,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors also recently made changes to their positions in the stock. Farther Finance Advisors LLC raised its position in Maximus by 69.0% in the fourth quarter. Farther Finance Advisors LLC now owns 284 shares of the health services provider’s stock worth $25,000 after acquiring an additional 116 shares during the period. Advisory Services Network LLC purchased a new stake in shares of Maximus during the 3rd quarter worth approximately $32,000. Canada Pension Plan Investment Board bought a new stake in shares of Maximus in the 2nd quarter worth approximately $35,000. Northwestern Mutual Wealth Management Co. increased its position in Maximus by 225.2% in the fourth quarter. Northwestern Mutual Wealth Management Co. now owns 439 shares of the health services provider’s stock worth $38,000 after buying an additional 304 shares during the last quarter. Finally, Richardson Financial Services Inc. increased its position in Maximus by 29.6% in the fourth quarter. Richardson Financial Services Inc. now owns 451 shares of the health services provider’s stock worth $39,000 after buying an additional 103 shares during the last quarter. 97.21% of the stock is owned by hedge funds and other institutional investors.

Wall Street Analyst Weigh In

MMS has been the topic of a number of recent research reports. Wall Street Zen raised Maximus from a “hold” rating to a “buy” rating in a research report on Saturday, June 6th. Zacks Research lowered Maximus from a “strong-buy” rating to a “hold” rating in a report on Monday, April 27th. Finally, Weiss Ratings cut Maximus from a “hold (c)” rating to a “hold (c-)” rating in a research note on Wednesday, May 20th. Two research analysts have rated the stock with a Hold rating, Based on data from MarketBeat, Maximus has a consensus rating of “Hold”.

Maximus Stock Down 0.2%

MMS opened at $58.18 on Monday. The company has a 50 day moving average of $58.81 and a 200 day moving average of $70.69. The company has a market cap of $3.06 billion, a PE ratio of 8.71 and a beta of 0.60. Maximus, Inc. has a 12 month low of $52.73 and a 12 month high of $100.00. The company has a current ratio of 2.21, a quick ratio of 2.21 and a debt-to-equity ratio of 0.87.

Maximus (NYSE:MMS) last released its quarterly earnings data on Thursday, May 7th. The health services provider reported $2.07 earnings per share for the quarter, beating analysts’ consensus estimates of $1.98 by $0.09. Maximus had a net margin of 7.02% and a return on equity of 25.10%. The business had revenue of $1.31 billion during the quarter, compared to analyst estimates of $1.32 billion. During the same period in the previous year, the business earned $2.01 EPS. Maximus’s revenue was down 4.1% compared to the same quarter last year. Maximus has set its FY 2026 guidance at 8.250-8.550 EPS. On average, sell-side analysts expect that Maximus, Inc. will post 8.43 EPS for the current year.

Maximus Dividend Announcement

The business also recently declared a quarterly dividend, which will be paid on Monday, August 31st. Stockholders of record on Friday, August 14th will be given a $0.33 dividend. The ex-dividend date is Friday, August 14th. This represents a $1.32 annualized dividend and a dividend yield of 2.3%. Maximus’s payout ratio is 19.76%.

About Maximus

Maximus, Inc (NYSE: MMS) is a global provider of government services focused on delivering health and human services programs. The company partners with federal, state, and local agencies to administer and manage programs that support individuals and families across various stages of life. Key service areas include eligibility determination and enrollment services for Medicaid, Medicare, Children’s Health Insurance Program (CHIP) and other public assistance programs, as well as call center operations, case management and program integrity solutions.