Quadrant Capital Group LLC Sells 129,204 Shares of Infosys Ltd. $INFY

Quadrant Capital Group LLC cut its stake in Infosys Ltd. (NYSE:INFY) by 51.7% in the third quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 120,557 shares of the technology company’s stock after selling 129,204 shares during the quarter. Quadrant Capital Group LLC’s holdings in Infosys were worth $1,374,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds also recently bought and sold shares of INFY. Nisa Investment Advisors LLC increased its position in Infosys by 87.1% during the third quarter. Nisa Investment Advisors LLC now owns 3,683 shares of the technology company’s stock valued at $40,000 after acquiring an additional 1,715 shares during the last quarter. V Square Quantitative Management LLC purchased a new stake in shares of Infosys in the first quarter valued at $97,000. TD Waterhouse Canada Inc. lifted its holdings in shares of Infosys by 14.2% in the 2nd quarter. TD Waterhouse Canada Inc. now owns 9,090 shares of the technology company’s stock worth $97,000 after acquiring an additional 1,131 shares during the last quarter. Concurrent Investment Advisors LLC bought a new stake in shares of Infosys in the 2nd quarter worth about $115,000. Finally, Laidlaw Wealth Management LLC bought a new stake in shares of Infosys in the 2nd quarter worth about $117,000. 16.20% of the stock is owned by hedge funds and other institutional investors.

Key Infosys News

Here are the key news stories impacting Infosys this week:

• Positive Sentiment: Infosys reported a 29% sequential increase in AI revenue, highlighting demand for its AI-first consulting and technology services. Infosys AI revenue growth
• Positive Sentiment: Second-quarter large-deal total contract value reached $5.2 billion, with 62% coming from net-new business, potentially supporting future revenue growth. Operating margin remained stable at 21%, within the company’s 20%-22% target range. Infosys AI strategy and deal wins
• Neutral Sentiment: Jefferies maintained a Hold rating, suggesting the firm sees a more balanced risk-reward profile following the earnings update. Jefferies Hold rating
• Negative Sentiment: Revenue of $5.145 billion rose 1.5% year over year and 1.2% sequentially in constant currency, but fell short of expectations. Earnings per share of $0.20 also missed the $0.21 consensus estimate. Infosys revenue and guidance miss
• Negative Sentiment: Infosys reduced its FY2027 constant-currency revenue-growth guidance to 1%-2%. Its reported revenue outlook of $20.4 billion-$20.6 billion was broadly in line with consensus, but the lower growth range raised concerns about weak demand and limited near-term expansion. Infosys lowers revenue forecast
• Negative Sentiment: Net profit and EPS declined despite modest revenue growth, reinforcing concerns that AI investments and current business conditions are not yet translating into stronger earnings. Infosys quarterly earnings

Analyst Ratings Changes

A number of equities analysts recently commented on INFY shares. The Goldman Sachs Group reaffirmed a “neutral” rating and set a $10.40 price target on shares of Infosys in a research note on Thursday, October 1st. Susquehanna reduced their price objective on shares of Infosys from $12.00 to $11.00 and set a “neutral” rating on the stock in a research report on Friday, July 24th. CLSA downgraded shares of Infosys from an “outperform” rating to a “hold” rating in a research note on Wednesday, August 19th. HSBC set a $11.47 target price on Infosys and gave the company a “hold” rating in a research report on Friday, July 24th. Finally, JPMorgan Chase & Co. reaffirmed a “neutral” rating and set a $10.90 target price (down from $12.70) on shares of Infosys in a research note on Friday, July 24th. Ten investment analysts have rated the stock with a Hold rating and one has issued a Sell rating to the company. According to MarketBeat.com, the company has a consensus rating of “Reduce” and a consensus target price of $11.45.

Infosys Stock Down 6.6%

INFY stock opened at $12.34 on Friday. The business’s fifty day simple moving average is $11.45 and its two-hundred day simple moving average is $11.93. Infosys Ltd. has a twelve month low of $10.12 and a twelve month high of $30.00. The firm has a market cap of $49.99 billion, a price-to-earnings ratio of 15.74, a PEG ratio of 3.08 and a beta of 0.88.

Infosys (NYSE:INFY) last issued its earnings results on Friday, October 23rd. The technology company reported $0.20 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.21 by ($0.01). The company had revenue of $5.19 billion for the quarter, compared to analysts’ expectations of $5.12 billion. Infosys had a net margin of 16.38% and a return on equity of 33.91%. Research analysts expect that Infosys Ltd. will post 0.81 EPS for the current year.

About Infosys

Infosys Ltd. is a digital services and consulting company, which engages in the provision of end-to-end business solutions. It operates through the following segments: Financial Services, Retail, Communication, Energy, Utilities, Resources, and Services, Manufacturing, Hi-Tech, Life Sciences, and All Other. The company was founded by Dinesh Krishnan Swamy, Senapathy Gopalakrishnan, Narayana Ramarao Nagavara Murthy, Raghavan N. S., Ashok Arora, Nandan M. Nilekani, and S. D. Shibulal on July 2, 1981 and is headquartered in Bangalore, India.