1,518 Shares in Moody’s Corporation $MCO Bought by Proficio Capital Partners LLC

Proficio Capital Partners LLC purchased a new position in Moody’s Corporation (NYSE:MCO) in the 2nd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund purchased 1,518 shares of the business services provider’s stock, valued at approximately $687,000.

Other institutional investors have also added to or reduced their stakes in the company. Wilkerson Advisory Group LLC increased its holdings in shares of Moody’s by 87.1% in the first quarter. Wilkerson Advisory Group LLC now owns 58 shares of the business services provider’s stock worth $25,000 after buying an additional 27 shares during the period. Newbridge Financial Services Group Inc. bought a new stake in shares of Moody’s in the 2nd quarter valued at about $25,000. Whipplewood Advisors LLC boosted its holdings in Moody’s by 1,866.7% during the 1st quarter. Whipplewood Advisors LLC now owns 59 shares of the business services provider’s stock valued at $26,000 after acquiring an additional 56 shares during the period. Birchwood Financial Partners Inc. bought a new position in Moody’s during the 4th quarter worth approximately $26,000. Finally, Nalls Sherbakoff Group LLC bought a new position in Moody’s during the 4th quarter worth approximately $27,000. 92.11% of the stock is currently owned by hedge funds and other institutional investors.

Insider Buying and Selling

In other Moody’s news, CEO Robert Fauber sold 1,467 shares of the company’s stock in a transaction on Monday, August 3rd. The shares were sold at an average price of $484.30, for a total value of $710,468.10. Following the completion of the transaction, the chief executive officer directly owned 51,964 shares in the company, valued at approximately $25,166,165.20. This represents a 2.75% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Company insiders own 0.14% of the company’s stock.

Wall Street Analyst Weigh In

Several analysts have weighed in on the company. BMO Capital Markets boosted their price objective on Moody’s from $489.00 to $515.00 and gave the company a “market perform” rating in a research report on Tuesday, July 7th. Jefferies Financial Group assumed coverage on shares of Moody’s in a report on Friday, July 17th. They issued a “buy” rating and a $610.00 target price on the stock. Barclays upped their price target on shares of Moody’s from $550.00 to $575.00 and gave the company an “overweight” rating in a report on Friday, July 10th. Wells Fargo & Company increased their price target on shares of Moody’s from $590.00 to $597.00 and gave the company an “overweight” rating in a research report on Thursday, July 23rd. Finally, Rothschild & Co Redburn set a $500.00 price target on shares of Moody’s in a report on Thursday, June 18th. One research analyst has rated the stock with a Strong Buy rating, fourteen have issued a Buy rating and five have issued a Hold rating to the company’s stock. According to MarketBeat.com, Moody’s presently has an average rating of “Moderate Buy” and an average price target of $553.61.

Moody’s Trading Down 2.0%

NYSE MCO opened at $494.64 on Wednesday. The stock has a market cap of $85.67 billion, a P/E ratio of 31.37, a price-to-earnings-growth ratio of 2.50 and a beta of 1.34. Moody’s Corporation has a fifty-two week low of $402.28 and a fifty-two week high of $546.88. The stock has a 50 day simple moving average of $487.00 and a two-hundred day simple moving average of $461.35. The company has a debt-to-equity ratio of 2.01, a quick ratio of 1.19 and a current ratio of 1.19.

Moody’s (NYSE:MCO) last posted its earnings results on Wednesday, July 22nd. The business services provider reported $4.68 earnings per share (EPS) for the quarter, beating the consensus estimate of $4.26 by $0.42. The firm had revenue of $2.19 billion for the quarter, compared to analysts’ expectations of $2.09 billion. Moody’s had a return on equity of 80.35% and a net margin of 34.25%.The business’s revenue was up 15.1% compared to the same quarter last year. During the same period in the previous year, the firm earned $3.56 earnings per share. Moody’s has set its FY 2026 guidance at 16.500-17.000 EPS. On average, analysts forecast that Moody’s Corporation will post 16.89 earnings per share for the current year.

Moody’s Announces Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Friday, September 4th. Shareholders of record on Friday, August 14th will be given a dividend of $1.03 per share. This represents a $4.12 dividend on an annualized basis and a yield of 0.8%. The ex-dividend date of this dividend is Friday, August 14th. Moody’s’s payout ratio is presently 26.13%.

About Moody’s

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.