Dempze Nancy E Acquires New Shares in Moody’s Corporation $MCO

Dempze Nancy E acquired a new stake in shares of Moody’s Corporation (NYSE:MCOFree Report) during the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm acquired 1,550 shares of the business services provider’s stock, valued at approximately $792,000.

Several other institutional investors also recently modified their holdings of the business. Vanguard Group Inc. boosted its position in shares of Moody’s by 0.7% during the fourth quarter. Vanguard Group Inc. now owns 15,272,967 shares of the business services provider’s stock valued at $7,802,195,000 after buying an additional 102,682 shares during the last quarter. Geode Capital Management LLC boosted its position in Moody’s by 1.1% in the fourth quarter. Geode Capital Management LLC now owns 3,965,480 shares of the business services provider’s stock worth $2,019,551,000 after purchasing an additional 42,966 shares during the last quarter. PineStone Asset Management Inc. boosted its position in Moody’s by 4.9% in the fourth quarter. PineStone Asset Management Inc. now owns 2,375,768 shares of the business services provider’s stock worth $1,213,661,000 after purchasing an additional 111,725 shares during the last quarter. Morgan Stanley boosted its position in Moody’s by 2.7% in the fourth quarter. Morgan Stanley now owns 2,370,601 shares of the business services provider’s stock worth $1,211,023,000 after purchasing an additional 62,798 shares during the last quarter. Finally, Norges Bank purchased a new position in Moody’s in the fourth quarter worth about $1,097,101,000. 92.11% of the stock is owned by hedge funds and other institutional investors.

Wall Street Analysts Forecast Growth

Several research analysts have issued reports on the company. Weiss Ratings cut Moody’s from a “buy (b-)” rating to a “hold (c+)” rating in a research report on Monday, April 27th. The Goldman Sachs Group set a $531.00 target price on Moody’s in a research report on Wednesday, February 18th. Morgan Stanley decreased their price target on shares of Moody’s from $526.00 to $489.00 and set an “equal weight” rating on the stock in a research report on Tuesday, April 7th. Stifel Nicolaus dropped their price target on shares of Moody’s from $574.00 to $540.00 and set a “buy” rating on the stock in a research note on Thursday, February 19th. Finally, Bank of America restated a “buy” rating and issued a $565.00 price objective on shares of Moody’s in a research note on Wednesday, April 22nd. One equities research analyst has rated the stock with a Strong Buy rating, twelve have issued a Buy rating and six have given a Hold rating to the stock. Based on data from MarketBeat.com, the stock has an average rating of “Moderate Buy” and an average price target of $544.29.

Get Our Latest Stock Report on MCO

Insider Activity

In other news, CEO Robert Fauber sold 1,467 shares of the firm’s stock in a transaction dated Friday, May 1st. The stock was sold at an average price of $466.39, for a total value of $684,194.13. Following the transaction, the chief executive officer owned 75,189 shares of the company’s stock, valued at $35,067,397.71. This trade represents a 1.91% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, SVP Richard G. Steele sold 158 shares of the firm’s stock in a transaction dated Monday, June 1st. The stock was sold at an average price of $453.67, for a total value of $71,679.86. Following the completion of the transaction, the senior vice president directly owned 1,985 shares in the company, valued at $900,534.95. This trade represents a 7.37% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders sold 4,717 shares of company stock worth $2,137,306 in the last ninety days. Corporate insiders own 0.14% of the company’s stock.

Moody’s Stock Up 3.3%

NYSE MCO opened at $468.97 on Wednesday. The stock’s 50-day moving average price is $449.51 and its 200-day moving average price is $468.88. The company has a quick ratio of 1.16, a current ratio of 1.16 and a debt-to-equity ratio of 2.03. Moody’s Corporation has a 52 week low of $402.28 and a 52 week high of $546.88. The company has a market capitalization of $81.93 billion, a P/E ratio of 33.62, a price-to-earnings-growth ratio of 2.44 and a beta of 1.35.

Moody’s (NYSE:MCOGet Free Report) last posted its quarterly earnings data on Wednesday, April 22nd. The business services provider reported $4.33 EPS for the quarter, topping the consensus estimate of $4.22 by $0.11. Moody’s had a return on equity of 70.97% and a net margin of 31.69%.The firm had revenue of $2.08 billion for the quarter, compared to the consensus estimate of $2.11 billion. During the same quarter last year, the company earned $3.83 earnings per share. The business’s revenue for the quarter was up 8.1% compared to the same quarter last year. Moody’s has set its FY 2026 guidance at 16.400-17.000 EPS. On average, equities research analysts predict that Moody’s Corporation will post 16.69 earnings per share for the current year.

Moody’s Announces Dividend

The business also recently disclosed a quarterly dividend, which was paid on Friday, June 5th. Stockholders of record on Friday, May 15th were paid a $1.03 dividend. The ex-dividend date of this dividend was Friday, May 15th. This represents a $4.12 annualized dividend and a dividend yield of 0.9%. Moody’s’s dividend payout ratio (DPR) is 29.53%.

About Moody’s

(Free Report)

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.

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Institutional Ownership by Quarter for Moody's (NYSE:MCO)

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