Ossiam Has $22.89 Million Stock Holdings in Moody’s Corporation $MCO

Ossiam raised its stake in Moody’s Corporation (NYSE:MCO) by 672.8% during the 3rd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 48,046 shares of the business services provider’s stock after purchasing an additional 41,829 shares during the period. Ossiam’s holdings in Moody’s were worth $22,893,000 at the end of the most recent quarter.

Several other large investors also recently modified their holdings of MCO. Sivia Capital Partners LLC acquired a new position in Moody’s in the 2nd quarter valued at about $267,000. AE Wealth Management LLC lifted its position in Moody’s by 44.5% during the second quarter. AE Wealth Management LLC now owns 1,908 shares of the business services provider’s stock worth $957,000 after acquiring an additional 588 shares during the last quarter. Allworth Financial LP boosted its holdings in shares of Moody’s by 18.5% during the second quarter. Allworth Financial LP now owns 1,286 shares of the business services provider’s stock worth $645,000 after acquiring an additional 201 shares during the period. SBI Securities Co. Ltd. grew its position in shares of Moody’s by 19.0% in the second quarter. SBI Securities Co. Ltd. now owns 713 shares of the business services provider’s stock valued at $358,000 after purchasing an additional 114 shares during the last quarter. Finally, Police & Firemen s Retirement System of New Jersey increased its stake in shares of Moody’s by 2.6% during the second quarter. Police & Firemen s Retirement System of New Jersey now owns 23,691 shares of the business services provider’s stock worth $11,883,000 after purchasing an additional 592 shares during the period. 92.11% of the stock is owned by institutional investors.

Moody’s Price Performance

Shares of NYSE MCO opened at $429.91 on Friday. The business has a fifty day moving average price of $482.19 and a two-hundred day moving average price of $488.04. The stock has a market capitalization of $76.52 billion, a PE ratio of 31.43, a P/E/G ratio of 2.20 and a beta of 1.45. The company has a debt-to-equity ratio of 1.66, a current ratio of 1.74 and a quick ratio of 1.74. Moody’s Corporation has a fifty-two week low of $378.71 and a fifty-two week high of $546.88.

Moody’s (NYSE:MCO) last released its earnings results on Wednesday, February 18th. The business services provider reported $3.64 earnings per share (EPS) for the quarter, topping the consensus estimate of $3.39 by $0.25. Moody’s had a return on equity of 66.01% and a net margin of 31.86%.The company had revenue of $1.89 billion for the quarter, compared to analyst estimates of $1.87 billion. During the same period in the prior year, the firm posted $2.62 EPS. Moody’s’s quarterly revenue was up 13.0% on a year-over-year basis. Moody’s has set its FY 2026 guidance at 16.400-17.000 EPS. As a group, equities analysts predict that Moody’s Corporation will post 13.95 earnings per share for the current fiscal year.

Moody’s Increases Dividend

The company also recently announced a quarterly dividend, which was paid on Friday, March 13th. Stockholders of record on Monday, March 2nd were given a $1.03 dividend. This represents a $4.12 annualized dividend and a dividend yield of 1.0%. The ex-dividend date was Monday, March 2nd. This is a boost from Moody’s’s previous quarterly dividend of $0.94. Moody’s’s dividend payout ratio is presently 30.12%.

Insider Buying and Selling

In other Moody’s news, SVP Richard G. Steele sold 375 shares of the business’s stock in a transaction that occurred on Tuesday, March 3rd. The shares were sold at an average price of $456.71, for a total transaction of $171,266.25. Following the completion of the transaction, the senior vice president directly owned 2,459 shares in the company, valued at $1,123,049.89. The trade was a 13.23% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. Also, CEO Robert Fauber sold 5,213 shares of the firm’s stock in a transaction on Tuesday, March 3rd. The shares were sold at an average price of $456.71, for a total value of $2,380,829.23. Following the completion of the sale, the chief executive officer directly owned 75,789 shares in the company, valued at approximately $34,613,594.19. This represents a 6.44% decrease in their position. The SEC filing for this sale provides additional information. In the last ninety days, insiders have sold 6,755 shares of company stock valued at $3,144,524. 0.14% of the stock is currently owned by insiders.

Analysts Set New Price Targets

Several research firms recently weighed in on MCO. Bank of America began coverage on Moody’s in a report on Tuesday, February 17th. They set a “buy” rating and a $550.00 price target for the company. Mizuho lowered their price objective on Moody’s from $550.00 to $524.00 and set a “neutral” rating on the stock in a research report on Tuesday, February 24th. Daiwa Securities Group raised Moody’s from a “neutral” rating to an “outperform” rating and lifted their target price for the stock from $500.00 to $590.00 in a report on Tuesday, January 13th. The Goldman Sachs Group set a $531.00 target price on shares of Moody’s in a research report on Wednesday, February 18th. Finally, UBS Group decreased their price target on shares of Moody’s from $515.00 to $490.00 and set a “neutral” rating on the stock in a research note on Thursday, February 19th. One analyst has rated the stock with a Strong Buy rating, twelve have assigned a Buy rating and five have given a Hold rating to the stock. According to data from MarketBeat.com, the company has an average rating of “Moderate Buy” and a consensus price target of $550.25.

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.