Burney Co. Has $1.94 Million Holdings in Moody’s Corporation $MCO

Burney Co. lessened its holdings in Moody’s Corporation (NYSE:MCO) by 20.1% during the 1st quarter, Holdings Channel reports. The firm owned 4,456 shares of the business services provider’s stock after selling 1,118 shares during the period. Burney Co.’s holdings in Moody’s were worth $1,944,000 at the end of the most recent quarter.

Other institutional investors and hedge funds have also modified their holdings of the company. Cromwell Holdings LLC lifted 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 buying an additional 20 shares during the period. DeDora Capital Inc. raised its position in shares of Moody’s by 1.5% during the 4th quarter. DeDora Capital Inc. now owns 1,315 shares of the business services provider’s stock valued at $672,000 after acquiring an additional 20 shares during the last quarter. Guyasuta Investment Advisors Inc. raised its position in shares of Moody’s by 2.7% during the 4th quarter. Guyasuta Investment Advisors Inc. now owns 753 shares of the business services provider’s stock valued at $385,000 after acquiring an additional 20 shares during the last quarter. Carnegie Investment Counsel lifted its stake in shares of Moody’s by 1.9% in the 4th 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, Quadrant Capital Group LLC boosted its position in shares of Moody’s by 0.4% in the 3rd quarter. Quadrant Capital Group LLC now owns 4,899 shares of the business services provider’s stock worth $2,334,000 after purchasing an additional 21 shares during the last quarter. 92.11% of the stock is owned by institutional investors.

Moody’s Price Performance

MCO stock opened at $500.99 on Wednesday. The stock has a 50-day moving average price of $453.90 and a two-hundred day moving average price of $466.12. Moody’s Corporation has a 1 year low of $402.28 and a 1 year high of $546.88. The stock has a market cap of $87.52 billion, a PE ratio of 35.91, a price-to-earnings-growth ratio of 2.69 and a beta of 1.34. The company has a current ratio of 1.16, a quick ratio of 1.16 and a debt-to-equity ratio of 2.03.

Moody’s (NYSE:MCO) last issued its quarterly earnings results on Wednesday, April 22nd. The business services provider reported $4.33 EPS 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 quarterly revenue was up 8.1% compared to the same quarter last year. During the same period in the previous year, the company posted $3.83 earnings per share. Moody’s has set its FY 2026 guidance at 16.400-17.000 EPS. Equities analysts forecast that Moody’s Corporation will post 16.69 EPS for the current fiscal year.

Moody’s Announces Dividend

The company also recently announced a quarterly dividend, which was paid on Friday, June 5th. Shareholders of record on Friday, May 15th were paid a $1.03 dividend. The ex-dividend date was Friday, May 15th. This represents a $4.12 annualized dividend and a yield of 0.8%. Moody’s’s payout ratio is presently 29.53%.

Insider Buying and Selling

In other news, SVP Richard G. Steele sold 158 shares of the business’s stock in a transaction on Monday, June 1st. The shares were sold at an average price of $453.67, for a total value of $71,679.86. Following the sale, the senior vice president owned 1,985 shares of the company’s stock, valued at $900,534.95. The trade was a 7.37% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which can be accessed through the SEC website. 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 on 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 owned 75,189 shares of the company’s stock, valued at $35,067,397.71. The trade was 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. In the last ninety days, insiders have sold 3,250 shares of company stock valued at $1,495,098. Insiders own 0.14% of the company’s stock.

Wall Street Analysts Forecast Growth

A number of brokerages recently commented on MCO. BMO Capital Markets lifted their price objective on Moody’s from $489.00 to $515.00 and gave the stock a “market perform” rating in a research note on Tuesday. Mizuho reduced their target price on Moody’s from $524.00 to $521.00 and set a “neutral” rating on the stock in a report on Tuesday, April 28th. Rothschild & Co Redburn set a $500.00 target price on Moody’s in a research report on Thursday, June 18th. Wells Fargo & Company upped their price target on Moody’s from $560.00 to $590.00 and gave the company an “overweight” rating in a research note on Thursday, April 23rd. Finally, Wall Street Zen downgraded shares of Moody’s from a “buy” rating to a “hold” rating in a research report on Saturday, March 21st. One equities research 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 company. According to MarketBeat.com, Moody’s presently has an average rating of “Moderate Buy” and a consensus target price of $543.67.

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.