Moody’s Corporation $MCO Shares Sold by University of Texas Texas AM Investment Management Co.

University of Texas Texas AM Investment Management Co. decreased its holdings in shares of Moody’s Corporation (NYSE:MCO) by 87.2% during the 4th quarter, HoldingsChannel.com reports. The firm owned 1,005 shares of the business services provider’s stock after selling 6,819 shares during the period. University of Texas Texas AM Investment Management Co.’s holdings in Moody’s were worth $513,000 as of its most recent filing with the Securities and Exchange Commission.

Other institutional investors and hedge funds have also modified their holdings of the company. Sivia Capital Partners LLC acquired a new stake in shares of Moody’s in the 2nd quarter worth approximately $267,000. Federated Hermes Inc. grew 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 worth $5,475,000 after acquiring an additional 1,461 shares during the period. NewEdge Advisors LLC grew 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 worth $736,000 after acquiring an additional 86 shares during the period. CIBC Asset Management Inc grew 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 worth $12,692,000 after acquiring an additional 929 shares during the period. Finally, Treasurer of the State of North Carolina grew 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 worth $36,423,000 after acquiring an additional 280 shares during the period. Institutional investors and hedge funds own 92.11% of the company’s stock.

Insider Buying and Selling at Moody’s

In other news, SVP Richard G. Steele sold 158 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 $71,679.86. Following the sale, the senior vice president owned 1,985 shares in the company, valued at $900,534.95. This trade represents a 7.37% decrease in their ownership of the stock. 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 firm’s stock in a transaction on Monday, June 1st. The stock was sold at an average price of $453.67, for a total value of $665,533.89. Following the sale, the chief executive officer owned 52,564 shares in the company, valued at $23,846,709.88. This trade represents a 2.72% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders sold 4,717 shares of company stock worth $2,137,306 over the last 90 days. Company insiders own 0.14% of the company’s stock.

Moody’s Stock Up 3.3%

Shares of NYSE:MCO opened at $468.97 on Wednesday. The company has a quick ratio of 1.16, a current ratio of 1.16 and a debt-to-equity ratio of 2.03. Moody’s Corporation has a 52-week low of $402.28 and a 52-week high of $546.88. The stock’s fifty day simple moving average is $449.51 and its 200-day simple moving average is $468.88. The company has a market capitalization of $81.93 billion, a P/E ratio of 33.62, a P/E/G ratio of 2.44 and a beta of 1.35.

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

Moody’s Announces Dividend

The business 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 annualized dividend and a dividend yield of 0.9%. The ex-dividend date was Friday, May 15th. Moody’s’s dividend payout ratio is currently 29.53%.

Wall Street Analysts Forecast Growth

A number of equities research analysts recently weighed in on the company. Weiss Ratings cut Moody’s from a “buy (b-)” rating to a “hold (c+)” rating in a report on Monday, April 27th. Evercore restated an “outperform” rating and issued a $610.00 price target on shares of Moody’s in a report on Thursday, February 19th. Wall Street Zen cut Moody’s from a “buy” rating to a “hold” rating in a report on Saturday, March 21st. Bank of America reiterated a “buy” rating and set a $565.00 target price on shares of Moody’s in a report on Wednesday, April 22nd. Finally, JPMorgan Chase & Co. dropped their price target on Moody’s from $600.00 to $560.00 and set an “overweight” rating for the company in a research report on Thursday, February 19th. 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 stock. According to MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy” and an average price target of $544.29.

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.