Moody’s Corporation $MCO Stock Holdings Lowered by Americana Partners LLC

Americana Partners LLC trimmed its position in shares of Moody’s Corporation (NYSE:MCO) by 6.7% in the second quarter, HoldingsChannel reports. The firm owned 13,635 shares of the business services provider’s stock after selling 973 shares during the period. Americana Partners LLC’s holdings in Moody’s were worth $6,839,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other hedge funds also recently made changes to their positions in the business. Saudi Central Bank acquired a new stake in Moody’s in the 1st quarter valued at approximately $30,000. ORG Partners LLC lifted its position in Moody’s by 50.0% in the second quarter. ORG Partners LLC now owns 66 shares of the business services provider’s stock worth $33,000 after purchasing an additional 22 shares during the period. Central Pacific Bank Trust Division boosted its stake in Moody’s by 42.9% during the 2nd quarter. Central Pacific Bank Trust Division now owns 80 shares of the business services provider’s stock valued at $40,000 after purchasing an additional 24 shares in the last quarter. Maryland Capital Advisors Inc. acquired a new position in shares of Moody’s during the 2nd quarter valued at $47,000. Finally, Meeder Asset Management Inc. raised its stake in shares of Moody’s by 132.6% in the 1st quarter. Meeder Asset Management Inc. now owns 107 shares of the business services provider’s stock worth $50,000 after buying an additional 61 shares in the last quarter. Institutional investors own 92.11% of the company’s stock.

Moody’s Trading Up 1.2%

NYSE:MCO opened at $487.81 on Monday. The stock has a market cap of $87.03 billion, a PE ratio of 39.21, a price-to-earnings-growth ratio of 2.79 and a beta of 1.40. Moody’s Corporation has a fifty-two week low of $378.71 and a fifty-two week high of $531.93. The company has a debt-to-equity ratio of 1.70, a current ratio of 1.84 and a quick ratio of 1.84. The stock’s 50-day moving average is $487.99 and its two-hundred day moving average is $490.06.

Moody’s (NYSE:MCO) last posted its quarterly earnings results on Wednesday, October 22nd. The business services provider reported $3.92 EPS for the quarter, topping the consensus estimate of $3.70 by $0.22. The business had revenue of $2.01 billion during the quarter, compared to analysts’ expectations of $1.92 billion. Moody’s had a net margin of 29.92% and a return on equity of 63.58%. The firm’s quarterly revenue was up 10.7% compared to the same quarter last year. During the same period last year, the company posted $3.21 earnings per share. Moody’s has set its FY 2025 guidance at 14.500-14.750 EPS. As a group, equities research analysts forecast that Moody’s Corporation will post 13.95 earnings per share for the current fiscal year.

Moody’s Announces Dividend

The business also recently declared a quarterly dividend, which will be paid on Friday, December 12th. Stockholders of record on Friday, November 21st will be paid a $0.94 dividend. The ex-dividend date of this dividend is Friday, November 21st. This represents a $3.76 dividend on an annualized basis and a dividend yield of 0.8%. Moody’s’s dividend payout ratio is 30.23%.

Analysts Set New Price Targets

A number of research firms recently issued reports on MCO. Barclays lifted their target price on Moody’s from $520.00 to $580.00 and gave the stock an “overweight” rating in a report on Thursday, July 24th. Evercore ISI raised their price objective on shares of Moody’s from $531.00 to $535.00 and gave the company an “outperform” rating in a research report on Tuesday, October 14th. Robert W. Baird lifted their price objective on shares of Moody’s from $525.00 to $552.00 and gave the stock an “outperform” rating in a research note on Thursday, July 24th. Weiss Ratings reissued a “buy (b)” rating on shares of Moody’s in a research note on Friday, October 31st. Finally, Deutsche Bank Aktiengesellschaft set a $528.00 price objective on Moody’s and gave the stock a “buy” rating in a research note on Wednesday, October 1st. One research analyst has rated the stock with a Strong Buy rating, twelve have assigned a Buy rating and six have assigned a Hold rating to the company. According to data from MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and a consensus price target of $543.07.

Insider Activity

In related news, CEO Robert Fauber sold 1,167 shares of the stock in a transaction on Monday, November 3rd. The stock was sold at an average price of $478.95, for a total transaction of $558,934.65. Following the completion of the sale, the chief executive officer directly owned 61,082 shares in the company, valued at approximately $29,255,223.90. This trade represents a 1.87% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. Insiders sold 2,984 shares of company stock worth $1,470,249 in the last ninety days. 0.14% of the stock is currently owned by company insiders.

Moody’s Company Profile

Moody’s Corporation operates as an integrated risk assessment firm worldwide. It operates in two segments, Moody’s Analytics and Moody’s Investors Services. The Moody’s Analytics segment develops a range of products and services that support the risk management activities of institutional participants in financial markets.