River Road Asset Management LLC Grows Stock Holdings in Maximus, Inc. $MMS

River Road Asset Management LLC lifted its holdings in Maximus, Inc. (NYSE:MMS) by 236.1% during the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 823,262 shares of the health services provider’s stock after acquiring an additional 578,326 shares during the quarter. River Road Asset Management LLC owned 1.51% of Maximus worth $71,064,000 as of its most recent SEC filing.

Several other institutional investors have also recently made changes to their positions in the business. Dimensional Fund Advisors LP boosted its holdings in Maximus by 5.2% in the fourth quarter. Dimensional Fund Advisors LP now owns 1,965,916 shares of the health services provider’s stock valued at $169,700,000 after purchasing an additional 96,343 shares during the last quarter. Geode Capital Management LLC raised its stake in shares of Maximus by 0.3% during the 4th quarter. Geode Capital Management LLC now owns 1,482,079 shares of the health services provider’s stock valued at $127,952,000 after buying an additional 5,130 shares during the last quarter. Boston Partners raised its stake in shares of Maximus by 47.0% during the 3rd quarter. Boston Partners now owns 966,139 shares of the health services provider’s stock valued at $88,236,000 after buying an additional 308,892 shares during the last quarter. Norges Bank acquired a new position in shares of Maximus in the 4th quarter valued at about $60,393,000. Finally, UBS Group AG lifted its holdings in shares of Maximus by 76.8% in the 4th quarter. UBS Group AG now owns 610,354 shares of the health services provider’s stock valued at $52,686,000 after buying an additional 265,095 shares during the period. Hedge funds and other institutional investors own 97.21% of the company’s stock.

Maximus Stock Down 6.2%

MMS opened at $55.72 on Friday. The company has a fifty day moving average of $63.15 and a two-hundred day moving average of $75.10. The stock has a market capitalization of $2.93 billion, a price-to-earnings ratio of 8.34 and a beta of 0.58. Maximus, Inc. has a fifty-two week low of $56.92 and a fifty-two week high of $100.00. The company has a debt-to-equity ratio of 0.87, a quick ratio of 2.21 and a current ratio of 2.21.

Maximus (NYSE:MMS) last posted its earnings results on Thursday, May 7th. The health services provider reported $2.07 earnings per share (EPS) for the quarter, topping the consensus estimate 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 for the quarter, compared to analyst estimates of $1.32 billion. During the same period in the prior year, the company posted $2.01 EPS. The company’s revenue for the quarter was down 4.1% on a year-over-year basis. Maximus has set its FY 2026 guidance at 8.250-8.550 EPS. On average, research analysts expect that Maximus, Inc. will post 8.43 earnings per share for the current year.

Maximus Dividend Announcement

The firm also recently disclosed a quarterly dividend, which was paid on Monday, June 1st. Shareholders of record on Friday, May 15th were issued a $0.33 dividend. This represents a $1.32 annualized dividend and a yield of 2.4%. The ex-dividend date of this dividend was Friday, May 15th. Maximus’s dividend payout ratio (DPR) is presently 19.76%.

Analyst Upgrades and Downgrades

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

Maximus Company Profile

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.