Moody’s Corporation $MCO Position Boosted by Prairie Advisory LLC

Prairie Advisory LLC lifted its stake in shares of Moody’s Corporation (NYSE:MCO) by 27.8% in the 3rd quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The firm owned 6,680 shares of the business services provider’s stock after buying an additional 1,454 shares during the quarter. Prairie Advisory LLC’s holdings in Moody’s were worth $3,034,000 as of its most recent filing with the Securities & Exchange Commission.

Several other hedge funds also recently modified their holdings of the stock. Kestra Private Wealth Services LLC raised its position in shares of Moody’s by 0.3% during the first quarter. Kestra Private Wealth Services LLC now owns 6,440 shares of the business services provider’s stock worth $2,810,000 after purchasing an additional 22 shares during the period. Resolute Wealth Strategies LLC boosted its position in shares of Moody’s by 3.8% in the 1st quarter. Resolute Wealth Strategies LLC now owns 623 shares of the business services provider’s stock valued at $272,000 after purchasing an additional 23 shares during the period. Goelzer Investment Management Inc. boosted its position in shares of Moody’s by 1.2% in the 3rd quarter. Goelzer Investment Management Inc. now owns 1,949 shares of the business services provider’s stock valued at $885,000 after purchasing an additional 23 shares during the period. Matrix Trust Co boosted its position in shares of Moody’s by 1.5% in the 3rd quarter. Matrix Trust Co now owns 1,706 shares of the business services provider’s stock valued at $775,000 after purchasing an additional 26 shares during the period. Finally, Wilkerson Advisory Group LLC increased its stake in Moody’s by 87.1% in the 1st quarter. Wilkerson Advisory Group LLC now owns 58 shares of the business services provider’s stock worth $25,000 after purchasing an additional 27 shares in the last quarter. Institutional investors own 92.11% of the company’s stock.

Wall Street Analysts Forecast Growth

Several analysts have issued reports on the company. Robert W. Baird boosted their price objective on Moody’s from $557.00 to $572.00 and gave the stock an “outperform” rating in a report on Thursday, July 23rd. Wells Fargo & Company raised their target price on shares of Moody’s from $590.00 to $597.00 and gave the stock an “overweight” rating in a report on Thursday, July 23rd. UBS Group reiterated a “neutral” rating and issued a $505.00 target price (up from $490.00) on shares of Moody’s in a report on Thursday, July 23rd. Daiwa Securities Group lifted their target price on shares of Moody’s from $500.00 to $535.00 and gave the stock an “outperform” rating in a research report on Tuesday, August 4th. Finally, JPMorgan Chase & Co. cut their price target on shares of Moody’s from $570.00 to $555.00 and set an “overweight” rating on the stock in a report on Wednesday, October 14th. Thirteen investment analysts have rated the stock with a Buy rating and seven have given a Hold rating to the stock. According to MarketBeat, Moody’s presently has a consensus rating of “Moderate Buy” and a consensus price target of $551.26.

Moody’s Stock Performance

MCO stock traded down $4.01 during mid-day trading on Monday, reaching $481.06. 221,742 shares of the stock traded hands, compared to its average volume of 1,048,925. The firm has a market capitalization of $83.32 billion, a PE ratio of 30.51, a P/E/G ratio of 2.50 and a beta of 1.35. The business has a 50-day moving average of $477.91 and a two-hundred day moving average of $466.89. Moody’s Corporation has a 52 week low of $402.28 and a 52 week high of $546.88. The company has a quick ratio of 1.19, a current ratio of 1.19 and a debt-to-equity ratio of 2.01.

Moody’s (NYSE:MCO) last posted its quarterly earnings data on Wednesday, July 22nd. The business services provider reported $4.68 EPS for the quarter, topping analysts’ consensus estimates of $4.26 by $0.42. The business had revenue of $2.19 billion for the quarter, compared to analyst estimates of $2.09 billion. Moody’s had a return on equity of 80.35% and a net margin of 34.25%. The firm’s revenue for the quarter was up 15.1% on a year-over-year basis. During the same period in the previous year, the company posted $3.56 earnings per share. Moody’s has set its FY 2026 guidance at 16.500-17.000 EPS. As a group, equities analysts predict that Moody’s Corporation will post 16.92 EPS for the current fiscal year.

Moody’s Announces Dividend

The firm also recently announced a quarterly dividend, which was paid on Friday, September 4th. Shareholders of record on Friday, August 14th were issued a $1.03 dividend. The ex-dividend date of this dividend was Friday, August 14th. This represents a $4.12 dividend on an annualized basis and a yield of 0.9%. Moody’s’s dividend payout ratio (DPR) is 26.13%.

Insider Transactions at Moody’s

In other Moody’s news, CEO Robert Fauber sold 923 shares of the firm’s stock in a transaction that occurred on Thursday, October 1st. The stock was sold at an average price of $455.00, for a total value of $419,965.00. Following the sale, the chief executive officer owned 51,364 shares of the company’s stock, valued at $23,370,620. This trade represents a 1.77% decrease in their position. The transaction was disclosed in a filing with the SEC, which is available through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. 0.14% of the stock is owned by company insiders.

Moody’s Profile

Moody’s Corporation (NYSE:MCO) is a global provider of credit ratings, research, data, analytics and risk-management solutions. Through Moody’s Investors Service, the company assigns credit ratings and publishes research on corporate, government and structured-finance debt issuers, helping investors and other market participants evaluate credit risk.

Through Moody’s Analytics, the company provides financial intelligence, economic research, data, software and advisory services. Its offerings support credit analysis, lending, portfolio management, enterprise risk management, compliance and related functions across financial institutions, corporations, governments and other organizations.

Moody’s traces its origins to 1909, when John Moody established the company that introduced published credit ratings for bonds.