Edgestream Partners L.P. Has $4.03 Million Stock Holdings in Moody’s Corporation $MCO

Edgestream Partners L.P. boosted its position in Moody’s Corporation (NYSE:MCO) by 806.7% during the first quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 9,239 shares of the business services provider’s stock after acquiring an additional 8,220 shares during the quarter. Edgestream Partners L.P.’s holdings in Moody’s were worth $4,031,000 at the end of the most recent reporting period.

Several other institutional investors have also added to or reduced their stakes in MCO. Kentucky Retirement Systems boosted its holdings in shares of Moody’s by 60.1% in the 1st quarter. Kentucky Retirement Systems now owns 15,628 shares of the business services provider’s stock valued at $6,818,000 after purchasing an additional 5,868 shares in the last quarter. Oddo BHF Asset Management Sas raised its holdings in shares of Moody’s by 4.2% during the 1st quarter. Oddo BHF Asset Management Sas now owns 15,527 shares of the business services provider’s stock worth $6,774,000 after buying an additional 628 shares in the last quarter. Bull Harbor Capital LLC bought a new stake in shares of Moody’s during the 1st quarter worth $551,000. Sunbelt Securities Inc. lifted its position in shares of Moody’s by 3.2% during the 1st quarter. Sunbelt Securities Inc. now owns 2,990 shares of the business services provider’s stock worth $1,304,000 after buying an additional 93 shares during the last quarter. Finally, EverSource Wealth Advisors LLC boosted its stake in Moody’s by 40.2% in the first quarter. EverSource Wealth Advisors LLC now owns 1,300 shares of the business services provider’s stock valued at $567,000 after buying an additional 373 shares in the last quarter. 92.11% of the stock is currently owned by institutional investors and hedge funds.

Moody’s Trading Down 0.7%

Shares of MCO stock opened at $478.90 on Friday. The firm has a market capitalization of $82.95 billion, a P/E ratio of 30.37, a P/E/G ratio of 2.40 and a beta of 1.34. Moody’s Corporation has a twelve month low of $402.28 and a twelve month high of $546.88. The company has a quick ratio of 1.19, a current ratio of 1.19 and a debt-to-equity ratio of 2.01. The stock’s fifty day simple moving average is $469.00 and its 200 day simple moving average is $463.14.

Moody’s (NYSE:MCO) last issued its earnings results on Wednesday, July 22nd. The business services provider reported $4.68 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $4.26 by $0.42. Moody’s had a return on equity of 80.35% and a net margin of 34.25%.The business had revenue of $2.19 billion during the quarter, compared to analysts’ expectations of $2.09 billion. During the same quarter in the prior year, the firm earned $3.56 EPS. The business’s revenue for the quarter was up 15.1% compared to the same quarter last year. Moody’s has set its FY 2026 guidance at 16.500-17.000 EPS. As a group, sell-side analysts predict that Moody’s Corporation will post 16.82 EPS for the current fiscal year.

Moody’s Dividend Announcement

The company also recently disclosed a quarterly dividend, which will be paid on Friday, September 4th. Stockholders of record on Friday, August 14th will be paid a $1.03 dividend. The ex-dividend date of this dividend is Friday, August 14th. This represents a $4.12 annualized dividend and a dividend yield of 0.9%. Moody’s’s dividend payout ratio is currently 26.13%.

Insider Buying and Selling

In other Moody’s news, SVP Richard G. Steele sold 158 shares of the company’s stock in a transaction that occurred 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 completion of the transaction, the senior vice president directly owned 1,985 shares in the company, valued at approximately $900,534.95. This represents a 7.37% decrease in their position. The sale was disclosed in a legal filing with the SEC, which can be accessed 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 shares were sold at an average price of $453.67, for a total transaction of $665,533.89. Following the transaction, the chief executive officer directly owned 52,564 shares of the company’s stock, valued at $23,846,709.88. The trade was 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. 0.14% of the stock is owned by company insiders.

Analyst Ratings Changes

A number of research analysts have issued reports on the company. Mizuho lifted their target price on Moody’s from $521.00 to $530.00 and gave the company a “neutral” rating in a research report on Monday. Citigroup reissued a “buy” rating on shares of Moody’s in a report on Wednesday. Jefferies Financial Group began coverage on shares of Moody’s in a research note on Friday, July 17th. They issued a “buy” rating and a $610.00 price target on the stock. Weiss Ratings raised shares of Moody’s from a “hold (c+)” rating to a “buy (b-)” rating in a report on Wednesday, July 15th. Finally, BMO Capital Markets upped their price objective on shares of Moody’s from $489.00 to $515.00 and gave the stock a “market perform” rating in a research report on Tuesday, July 7th. One investment analyst has rated the stock with a Strong Buy rating, fourteen have issued a Buy rating and five have issued a Hold rating to the stock. According to MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and a consensus price target of $553.61.

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.