Tobam Purchases 2,975 Shares of Moody’s Corporation $MCO

Tobam raised its position in Moody’s Corporation (NYSE:MCO) by 24,791.7% during the 4th quarter, HoldingsChannel.com reports. The firm owned 2,987 shares of the business services provider’s stock after purchasing an additional 2,975 shares during the period. Tobam’s holdings in Moody’s were worth $1,526,000 as of its most recent SEC filing.

A number of other institutional investors also recently modified their holdings of MCO. Phillip James Consulting Co. bought a new stake in Moody’s in the 4th quarter valued at approximately $65,000. Kera Capital Partners Inc. grew its stake in shares of Moody’s by 25.6% during the 4th quarter. Kera Capital Partners Inc. now owns 1,081 shares of the business services provider’s stock worth $557,000 after acquiring an additional 220 shares in the last quarter. MV Capital Management Inc. acquired a new stake in shares of Moody’s in the fourth quarter valued at approximately $52,000. Cambient Family Office LLC acquired a new stake in shares of Moody’s in the fourth quarter valued at approximately $405,000. Finally, White Knight Strategic Wealth Advisors LLC bought a new stake in shares of Moody’s in the fourth quarter worth $267,000. 92.11% of the stock is currently owned by institutional investors.

Insider Activity

In other news, CEO Robert Fauber sold 1,467 shares of the business’s stock in a transaction dated Friday, May 1st. The shares were sold at an average price of $466.39, for a total transaction of $684,194.13. Following the transaction, the chief executive officer directly owned 75,189 shares in the company, valued at $35,067,397.71. The trade was a 1.91% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, SVP Richard G. Steele sold 158 shares of the company’s stock in a transaction dated Monday, June 1st. The shares were sold at an average price of $453.67, for a total transaction of $71,679.86. Following the completion of the sale, the senior vice president directly owned 1,985 shares in the company, valued at approximately $900,534.95. The trade was a 7.37% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders have sold a total of 4,717 shares of company stock worth $2,137,306 over the last 90 days. 0.14% of the stock is owned by company insiders.

Analyst Upgrades and Downgrades

Several brokerages recently commented on MCO. Mizuho reduced their target price on shares of Moody’s from $524.00 to $521.00 and set a “neutral” rating for the company in a report on Tuesday, April 28th. Rothschild & Co Redburn set a $500.00 price target on shares of Moody’s in a research report on Thursday. Wolfe Research restated an “outperform” rating and set a $535.00 price objective on shares of Moody’s in a research note on Thursday, April 23rd. Morgan Stanley reduced their price objective on shares of Moody’s from $526.00 to $489.00 and set an “equal weight” rating for the company in a research note on Tuesday, April 7th. Finally, BMO Capital Markets reaffirmed a “market perform” rating on shares of Moody’s in a research report on Tuesday, May 26th. One equities research analyst has rated the stock with a Strong Buy rating, twelve have assigned a Buy rating and six have assigned a Hold rating to the stock. According to MarketBeat.com, the stock has an average rating of “Moderate Buy” and a consensus price target of $541.83.

Moody’s Trading Up 0.1%

NYSE MCO opened at $451.20 on Friday. The company has a market cap of $78.82 billion, a PE ratio of 32.34, a PEG ratio of 2.43 and a beta of 1.35. The company has a current ratio of 1.16, a quick ratio of 1.16 and a debt-to-equity ratio of 2.03. Moody’s Corporation has a 12 month low of $402.28 and a 12 month high of $546.88. The stock has a 50 day moving average of $450.09 and a 200-day moving average of $468.26.

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

Moody’s Announces Dividend

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

Moody’s Company Profile

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.