Commerzbank Aktiengesellschaft FI Purchases 2,343 Shares of Moody’s Corporation $MCO

Commerzbank Aktiengesellschaft FI boosted its position in shares of Moody’s Corporation (NYSE:MCO) by 24.7% during the first quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 11,825 shares of the business services provider’s stock after buying an additional 2,343 shares during the period. Commerzbank Aktiengesellschaft FI’s holdings in Moody’s were worth $5,159,000 at the end of the most recent quarter.

Other hedge funds have also recently bought and sold shares of the company. Qsemble Capital Management LP grew its position in shares of Moody’s by 78.3% during the 4th quarter. Qsemble Capital Management LP now owns 5,703 shares of the business services provider’s stock worth $2,913,000 after buying an additional 2,505 shares during the period. Norges Bank acquired a new position in shares of Moody’s during the 4th quarter valued at $1,097,101,000. Assenagon Asset Management S.A. boosted its stake in Moody’s by 28.3% during the fourth quarter. Assenagon Asset Management S.A. now owns 218,843 shares of the business services provider’s stock worth $111,796,000 after acquiring an additional 48,240 shares in the last quarter. LBP AM SA grew its holdings in Moody’s by 5,179.4% in the fourth quarter. LBP AM SA now owns 38,751 shares of the business services provider’s stock worth $19,796,000 after purchasing an additional 38,017 shares during the period. Finally, National Pension Service grew its holdings in Moody’s by 38.7% in the fourth quarter. National Pension Service now owns 514,377 shares of the business services provider’s stock worth $262,769,000 after purchasing an additional 143,515 shares during the period. 92.11% of the stock is owned by institutional investors.

Moody’s Price Performance

MCO stock opened at $504.85 on Tuesday. The company has a debt-to-equity ratio of 2.03, a quick ratio of 1.16 and a current ratio of 1.16. The business has a 50-day simple moving average of $461.65 and a two-hundred day simple moving average of $465.24. The company has a market capitalization of $88.20 billion, a P/E ratio of 36.19, a price-to-earnings-growth ratio of 2.62 and a beta of 1.34. Moody’s Corporation has a 52-week low of $402.28 and a 52-week high of $546.88.

Moody’s (NYSE:MCO) last posted its earnings results on Wednesday, April 22nd. The business services provider reported $4.33 earnings per share for the quarter, beating analysts’ consensus estimates of $4.22 by $0.11. The company had revenue of $2.08 billion for the quarter, compared to analyst estimates of $2.11 billion. Moody’s had a return on equity of 70.97% and a net margin of 31.69%.The company’s revenue for the quarter was up 8.1% on a year-over-year basis. During the same quarter last year, the company earned $3.83 earnings per share. Moody’s has set its FY 2026 guidance at 16.400-17.000 EPS. Research analysts expect that Moody’s Corporation will post 16.71 EPS for the current fiscal year.

Wall Street Analysts Forecast Growth

Several equities analysts have recently weighed in on the stock. Wolfe Research reiterated an “outperform” rating and set a $535.00 price objective on shares of Moody’s in a report on Thursday, April 23rd. Jefferies Financial Group assumed coverage on Moody’s in a research report on Friday. They issued a “buy” rating and a $610.00 target price for the company. Bank of America reaffirmed a “buy” rating and set a $565.00 price target on shares of Moody’s in a research note on Wednesday, April 22nd. JPMorgan Chase & Co. increased their price target on Moody’s from $530.00 to $600.00 and gave the stock an “overweight” rating in a report on Monday. Finally, BMO Capital Markets upped their target price on Moody’s from $489.00 to $515.00 and gave the stock a “market perform” rating in a research report on Tuesday, July 7th. One investment analyst has rated the stock with a Strong Buy rating, fourteen have issued a Buy rating and five have issued a Hold rating to the stock. According to MarketBeat.com, the company presently has a consensus rating of “Moderate Buy” and an average price target of $550.58.

Insiders Place Their Bets

In other Moody’s news, CEO Robert Fauber sold 1,467 shares of the firm’s stock in a transaction on Monday, June 1st. The stock was sold at an average price of $453.67, for a total transaction of $665,533.89. Following the transaction, the chief executive officer directly owned 52,564 shares in the company, valued at approximately $23,846,709.88. This trade represents a 2.72% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, SVP Richard G. Steele sold 158 shares of Moody’s stock in a transaction on Monday, June 1st. The stock was sold at an average price of $453.67, for a total transaction of $71,679.86. Following the transaction, the senior vice president directly owned 1,985 shares in the company, valued at $900,534.95. This represents 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 sold a total of 3,250 shares of company stock valued at $1,495,098 over the last three months. 0.14% of the stock is currently owned by insiders.

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.