Sei Investments Co. grew its stake in shares of Infosys Ltd. (NYSE:INFY – Free Report) by 1.9% during the first quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund owned 3,038,653 shares of the technology company’s stock after buying an additional 56,428 shares during the period. Sei Investments Co. owned approximately 0.08% of Infosys worth $41,052,000 as of its most recent filing with the Securities and Exchange Commission.
Several other institutional investors also recently modified their holdings of INFY. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. boosted its stake in Infosys by 6.4% during the 1st quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 63,155 shares of the technology company’s stock worth $1,153,000 after acquiring an additional 3,804 shares during the last quarter. NewEdge Advisors LLC grew its holdings in Infosys by 79.9% during the first quarter. NewEdge Advisors LLC now owns 54,978 shares of the technology company’s stock valued at $1,003,000 after purchasing an additional 24,426 shares during the period. Dynamic Technology Lab Private Ltd bought a new stake in Infosys in the first quarter valued at approximately $239,000. Trinity Street Asset Management LLP raised its holdings in Infosys by 45.5% in the first quarter. Trinity Street Asset Management LLP now owns 14,938,546 shares of the technology company’s stock worth $201,820,000 after purchasing an additional 4,674,742 shares during the period. Finally, Deltec Asset Management LLC raised its holdings in Infosys by 13.6% in the first quarter. Deltec Asset Management LLC now owns 58,500 shares of the technology company’s stock worth $790,000 after purchasing an additional 7,000 shares during the period. 16.20% of the stock is currently owned by institutional investors and hedge funds.
Infosys Stock Up 0.1%
Infosys stock opened at $11.13 on Monday. The company has a 50 day moving average of $11.62 and a 200-day moving average of $13.68. Infosys Ltd. has a twelve month low of $10.30 and a twelve month high of $30.00. The stock has a market capitalization of $45.03 billion, a PE ratio of 13.74, a price-to-earnings-growth ratio of 2.57 and a beta of 0.90.
Analysts Set New Price Targets
A number of brokerages have recently weighed in on INFY. Wells Fargo & Company set a $11.00 price target on shares of Infosys and gave the stock an “equal weight” rating in a research report on Friday, June 26th. Susquehanna dropped their price objective on Infosys from $12.00 to $11.00 and set a “neutral” rating on the stock in a research note on Friday. Stifel Nicolaus set a $13.00 target price on Infosys and gave the stock a “hold” rating in a report on Thursday, July 16th. HSBC set a $11.47 target price on Infosys in a research note on Friday. Finally, TD Cowen restated a “hold” rating and issued a $9.00 price target (down from $10.00) on shares of Infosys in a report on Friday. Eight analysts have rated the stock with a Hold rating and one has assigned a Sell rating to the company’s stock. According to MarketBeat.com, Infosys currently has a consensus rating of “Reduce” and a consensus price target of $11.63.
Key Infosys News
Here are the key news stories impacting Infosys this week:
- Positive Sentiment: Infosys highlighted AI revenues at 8.2% of sales, showing continued traction in higher-growth services, while operating margin held firm at 21.1%. Infosys: AI Revenues at 8.2% in Q1; Resilient Operating Margin of 21.1%
- Positive Sentiment: The company reported strong large-deal wins of $3.6 billion and generated robust free cash flow, which supports the longer-term investment case. Infosys: AI Revenues at 8.2% in Q1; Resilient Operating Margin of 21.1%
- Neutral Sentiment: Infosys named Ashiss Kumar Dash as CEO-designate, giving the market a clearer leadership succession plan. India’s Infosys misses quarterly revenue view, names CEO designate
- Negative Sentiment: Q1 earnings and revenue missed estimates, with softer volumes and a client exit offsetting growth in AI services. Infosys Q1 Earnings Miss Estimates, Revenues Increase Y/Y
- Negative Sentiment: Infosys narrowed its FY27 revenue growth outlook to 1.5%-3.0%, signaling a more cautious view on demand and contributing to the stock’s decline. India’s Infosys misses quarterly revenue view, names CEO designate
- Negative Sentiment: Several brokerages cut price targets or turned more cautious after the results, reinforcing concern that near-term upside may be limited. These Analysts Slash Their Forecasts On Infosys After Q1 Results
Infosys Company Profile
Infosys Ltd. is a digital services and consulting company, which engages in the provision of end-to-end business solutions. It operates through the following segments: Financial Services, Retail, Communication, Energy, Utilities, Resources, and Services, Manufacturing, Hi-Tech, Life Sciences, and All Other. The company was founded by Dinesh Krishnan Swamy, Senapathy Gopalakrishnan, Narayana Ramarao Nagavara Murthy, Raghavan N. S., Ashok Arora, Nandan M. Nilekani, and S. D. Shibulal on July 2, 1981 and is headquartered in Bangalore, India.
See Also
- Five stocks we like better than Infosys
- RTX and Lockheed Earnings: Can Strong Guidance Reset the Defense Trade?
- These 4 Earnings Reports Expose the Market’s Growing Economic Divide
- Broadcom May Be the Biggest Winner From Alphabet’s Earnings
- Volatility Is Back and These 3 Market Tollbooths Are Best Positioned to Profit
Receive News & Ratings for Infosys Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Infosys and related companies with MarketBeat.com's FREE daily email newsletter.
