Intech Investment Management LLC Acquires 3,852 Shares of Moody’s Corporation $MCO

Intech Investment Management LLC lifted its holdings in Moody’s Corporation (NYSE:MCO) by 77.4% in the 3rd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund owned 8,826 shares of the business services provider’s stock after purchasing an additional 3,852 shares during the period. Intech Investment Management LLC’s holdings in Moody’s were worth $4,205,000 at the end of the most recent reporting period.

Several other institutional investors also recently bought and sold shares of MCO. Fox Run Management L.L.C. bought a new stake in shares of Moody’s during the 3rd quarter worth about $247,000. MAI Capital Management grew its holdings in Moody’s by 61.0% during the third quarter. MAI Capital Management now owns 5,185 shares of the business services provider’s stock valued at $2,471,000 after purchasing an additional 1,964 shares during the last quarter. Counterpoint Mutual Funds LLC bought a new position in shares of Moody’s in the third quarter valued at approximately $286,000. Mufg Securities Americas Inc. lifted its stake in shares of Moody’s by 21.3% in the third quarter. Mufg Securities Americas Inc. now owns 4,161 shares of the business services provider’s stock worth $1,983,000 after buying an additional 732 shares during the last quarter. Finally, Compound Planning Inc. grew its stake in Moody’s by 4.8% in the 3rd quarter. Compound Planning Inc. now owns 1,309 shares of the business services provider’s stock valued at $624,000 after buying an additional 60 shares during the last quarter. 92.11% of the stock is currently owned by institutional investors.

Moody’s Trading Down 0.5%

MCO stock opened at $477.30 on Monday. Moody’s Corporation has a 1-year low of $378.71 and a 1-year high of $546.88. The company has a current ratio of 1.74, a quick ratio of 1.74 and a debt-to-equity ratio of 1.66. The business’s 50 day moving average is $493.68 and its 200-day moving average is $491.75. The firm has a market cap of $84.63 billion, a P/E ratio of 34.89, a P/E/G ratio of 2.47 and a beta of 1.45.

Moody’s (NYSE:MCO) last posted its earnings results on Wednesday, February 18th. The business services provider reported $3.64 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 business had revenue of $1.89 billion during the quarter, compared to the consensus estimate of $1.87 billion. During the same quarter last year, the company earned $2.62 EPS. Moody’s’s 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. Equities analysts anticipate that Moody’s Corporation will post 13.95 earnings per share for the current fiscal year.

Moody’s Increases Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Friday, March 13th. Stockholders of record on Monday, March 2nd will be issued a dividend of $1.03 per share. The ex-dividend date of this dividend is Monday, March 2nd. This is a positive change from Moody’s’s previous quarterly dividend of $0.94. This represents a $4.12 annualized dividend and a dividend yield of 0.9%. Moody’s’s dividend payout ratio (DPR) is 27.49%.

Analyst Ratings Changes

MCO has been the subject of a number of research analyst reports. BMO Capital Markets reissued a “market perform” rating on shares of Moody’s in a research report on Thursday, February 19th. Stifel Nicolaus decreased their target price on Moody’s from $574.00 to $540.00 and set a “buy” rating for the company in a research note on Thursday, February 19th. Barclays cut their price target on Moody’s from $580.00 to $550.00 and set an “overweight” rating for the company in a report on Monday, February 23rd. UBS Group cut their target price on shares of Moody’s from $515.00 to $490.00 and set a “neutral” rating for the company in a research note on Thursday, February 19th. Finally, Evercore restated an “outperform” rating and set a $610.00 price objective on shares of Moody’s in a report on Thursday, February 19th. One research 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 company’s stock. According to MarketBeat, Moody’s presently has a consensus rating of “Moderate Buy” and a consensus target price of $550.25.

Insider Activity

In other news, CEO Robert Fauber sold 592 shares of the business’s stock in a transaction that occurred on Monday, February 2nd. The stock was sold at an average price of $516.15, for a total value of $305,560.80. Following the transaction, the chief executive officer directly owned 61,082 shares of the company’s stock, valued at $31,527,474.30. The trade was a 0.96% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. Company insiders own 0.14% of the company’s stock.

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.