NewEdge Wealth LLC Has $3.97 Million Holdings in Moody’s Corporation $MCO

NewEdge Wealth LLC lifted its stake in shares of Moody’s Corporation (NYSE:MCO) by 31.7% in the 4th quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 7,765 shares of the business services provider’s stock after buying an additional 1,870 shares during the period. NewEdge Wealth LLC’s holdings in Moody’s were worth $3,967,000 as of its most recent SEC filing.

Other institutional investors also recently modified their holdings of the company. Cromwell Holdings LLC increased its holdings in Moody’s by 5.8% in the fourth quarter. Cromwell Holdings LLC now owns 363 shares of the business services provider’s stock valued at $185,000 after purchasing an additional 20 shares during the period. DeDora Capital Inc. increased its holdings in Moody’s by 1.5% in the fourth quarter. DeDora Capital Inc. now owns 1,315 shares of the business services provider’s stock valued at $672,000 after purchasing an additional 20 shares during the period. Guyasuta Investment Advisors Inc. increased its holdings in Moody’s by 2.7% in the fourth quarter. Guyasuta Investment Advisors Inc. now owns 753 shares of the business services provider’s stock valued at $385,000 after purchasing an additional 20 shares during the period. Carnegie Investment Counsel increased its holdings in Moody’s by 1.9% in the fourth quarter. Carnegie Investment Counsel now owns 1,081 shares of the business services provider’s stock valued at $552,000 after purchasing an additional 20 shares during the period. Finally, EWA LLC increased its holdings in Moody’s by 4.4% in the third quarter. EWA LLC now owns 501 shares of the business services provider’s stock valued at $239,000 after purchasing an additional 21 shares during the period. 92.11% of the stock is currently owned by institutional investors and hedge funds.

Wall Street Analysts Forecast Growth

A number of analysts recently weighed in on the company. Mizuho decreased their price objective on Moody’s from $524.00 to $521.00 and set a “neutral” rating for the company in a report on Tuesday, April 28th. Evercore restated an “outperform” rating and issued a $610.00 price objective on shares of Moody’s in a report on Thursday, February 19th. The Goldman Sachs Group set a $531.00 price objective on Moody’s in a report on Wednesday, February 18th. Stifel Nicolaus decreased their price objective on Moody’s from $574.00 to $540.00 and set a “buy” rating for the company in a report on Thursday, February 19th. Finally, Daiwa Securities Group upgraded Moody’s from a “neutral” rating to an “outperform” rating and increased their price objective for the company from $500.00 to $590.00 in a report on Tuesday, January 13th. One 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 company. According to data from MarketBeat, Moody’s has an average rating of “Moderate Buy” and a consensus price target of $544.29.

Moody’s Stock Performance

Shares of Moody’s stock opened at $448.48 on Tuesday. The company has a current ratio of 1.16, a quick ratio of 1.16 and a debt-to-equity ratio of 2.03. The business has a 50-day moving average price of $447.75 and a two-hundred day moving average price of $475.18. Moody’s Corporation has a 1-year low of $402.28 and a 1-year high of $546.88. The company has a market cap of $78.35 billion, a P/E ratio of 32.15, a PEG ratio of 2.43 and a beta of 1.37.

Moody’s (NYSE:MCO) last issued its quarterly earnings results on Wednesday, April 22nd. The business services provider reported $4.33 earnings per share for the quarter, topping analysts’ consensus estimates 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 during the quarter, compared to the consensus estimate of $2.11 billion. During the same period last year, the business posted $3.83 EPS. The business’s revenue 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. As a group, analysts anticipate that Moody’s Corporation will post 16.69 EPS for the current year.

Moody’s Dividend Announcement

The firm also recently declared a quarterly dividend, which will be paid on Friday, June 5th. Shareholders of record on Friday, May 15th will be issued a dividend of $1.03 per share. This represents a $4.12 dividend on an annualized basis and a yield of 0.9%. The ex-dividend date is Friday, May 15th. Moody’s’s dividend payout ratio (DPR) is presently 29.53%.

Insider Transactions at Moody’s

In other news, SVP Richard G. Steele sold 158 shares of the stock in a transaction dated Friday, May 1st. The shares were sold at an average price of $466.39, for a total transaction of $73,689.62. Following the transaction, the senior vice president owned 2,143 shares of the company’s stock, valued at $999,473.77. This represents a 6.87% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, CEO Robert Fauber sold 1,467 shares of the stock in a transaction dated Friday, May 1st. The stock was 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. This trade represents a 1.91% decrease in their position. The SEC filing for this sale provides additional information. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Over the last quarter, insiders have sold 8,680 shares of company stock valued at $3,952,188. Company insiders own 0.14% of the company’s stock.

Moody’s 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.