Oddo BHF Asset Management Sas Increases Holdings in Moody’s Corporation $MCO

Oddo BHF Asset Management Sas grew its holdings in shares of Moody’s Corporation (NYSE:MCO) by 28.8% in the fourth quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 14,899 shares of the business services provider’s stock after buying an additional 3,333 shares during the period. Oddo BHF Asset Management Sas’ holdings in Moody’s were worth $7,611,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other institutional investors also recently bought and sold shares of the business. Sivia Capital Partners LLC purchased a new stake in shares of Moody’s in the 2nd quarter valued at about $267,000. Federated Hermes Inc. lifted its holdings in shares of Moody’s by 15.5% in the 2nd quarter. Federated Hermes Inc. now owns 10,916 shares of the business services provider’s stock valued at $5,475,000 after purchasing an additional 1,461 shares during the last quarter. NewEdge Advisors LLC lifted its holdings in shares of Moody’s by 6.2% in the 2nd quarter. NewEdge Advisors LLC now owns 1,468 shares of the business services provider’s stock valued at $736,000 after purchasing an additional 86 shares during the last quarter. CIBC Asset Management Inc lifted its holdings in shares of Moody’s by 3.8% in the 2nd quarter. CIBC Asset Management Inc now owns 25,303 shares of the business services provider’s stock valued at $12,692,000 after purchasing an additional 929 shares during the last quarter. Finally, Treasurer of the State of North Carolina lifted its holdings in shares of Moody’s by 0.4% in the 2nd quarter. Treasurer of the State of North Carolina now owns 72,615 shares of the business services provider’s stock valued at $36,423,000 after purchasing an additional 280 shares during the last quarter. 92.11% of the stock is owned by hedge funds and other institutional investors.

Analysts Set New Price Targets

Several research firms have recently weighed in on MCO. Bank of America reissued a “buy” rating and issued a $565.00 target price on shares of Moody’s in a report on Wednesday, April 22nd. UBS Group reduced their target price on Moody’s from $515.00 to $490.00 and set a “neutral” rating for the company in a report on Thursday, February 19th. Wall Street Zen downgraded Moody’s from a “buy” rating to a “hold” rating in a report on Saturday, March 21st. Mizuho reduced their target price on Moody’s from $524.00 to $521.00 and set a “neutral” rating for the company in a report on Tuesday, April 28th. Finally, Wolfe Research reissued an “outperform” rating and issued a $535.00 target price on shares of Moody’s in a report on Thursday, April 23rd. One analyst has rated the stock with a Strong Buy rating, twelve have given a Buy rating and six have issued a Hold rating to the stock. According to data from MarketBeat, Moody’s has a consensus rating of “Moderate Buy” and an average target price of $544.29.

Insider Activity at Moody’s

In other news, CEO Robert Fauber sold 1,467 shares of the stock in a transaction that occurred 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 completion of the transaction, the chief executive officer directly owned 52,564 shares of the company’s stock, valued at approximately $23,846,709.88. This represents a 2.72% decrease in their position. The sale was disclosed in a filing with the SEC, which is accessible through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, SVP Richard G. Steele sold 158 shares of the stock in a transaction that occurred on Monday, June 1st. The stock was sold at an average price of $453.67, for a total value of $71,679.86. Following the transaction, the senior vice president directly owned 1,985 shares of the company’s stock, valued at approximately $900,534.95. This trade represents a 7.37% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Over the last ninety days, insiders have sold 4,717 shares of company stock valued at $2,137,306. 0.14% of the stock is owned by company insiders.

Moody’s Stock Up 1.4%

MCO opened at $454.16 on Tuesday. The business has a 50 day moving average price of $448.95 and a two-hundred day moving average price of $469.01. The company has a quick ratio of 1.16, a current ratio of 1.16 and a debt-to-equity ratio of 2.03. The company has a market cap of $79.34 billion, a PE ratio of 32.56, a P/E/G ratio of 2.41 and a beta of 1.35. 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 quarterly earnings data on Wednesday, April 22nd. The business services provider reported $4.33 EPS for the quarter, beating the consensus estimate of $4.22 by $0.11. The firm had revenue of $2.08 billion during the quarter, compared to the consensus estimate of $2.11 billion. Moody’s had a return on equity of 70.97% and a net margin of 31.69%.The firm’s revenue was up 8.1% compared to the same quarter last year. During the same period in the prior year, the business earned $3.83 EPS. Moody’s has set its FY 2026 guidance at 16.400-17.000 EPS. As a group, research analysts anticipate that Moody’s Corporation will post 16.69 EPS for the current year.

Moody’s Dividend Announcement

The business also recently disclosed a quarterly dividend, which was paid on Friday, June 5th. Shareholders of record on Friday, May 15th were paid a dividend of $1.03 per share. The ex-dividend date of this dividend was Friday, May 15th. This represents a $4.12 annualized dividend and a yield of 0.9%. Moody’s’s dividend payout ratio is currently 29.53%.

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.