iA Global Asset Management Inc. Has $3.41 Million Holdings in Moody’s Corporation $MCO

iA Global Asset Management Inc. decreased its position in shares of Moody’s Corporation (NYSE:MCO) by 25.1% in the 1st quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 7,816 shares of the business services provider’s stock after selling 2,614 shares during the quarter. iA Global Asset Management Inc.’s holdings in Moody’s were worth $3,410,000 at the end of the most recent reporting period.

Other large investors have also recently bought and sold shares of the company. Sivia Capital Partners LLC acquired a new position in Moody’s during the second quarter valued at approximately $267,000. Federated Hermes Inc. raised its holdings in shares of Moody’s by 15.5% during the 2nd quarter. Federated Hermes Inc. now owns 10,916 shares of the business services provider’s stock worth $5,475,000 after buying an additional 1,461 shares in the last quarter. NewEdge Advisors LLC lifted its position in shares of Moody’s by 6.2% during the 2nd quarter. NewEdge Advisors LLC now owns 1,468 shares of the business services provider’s stock worth $736,000 after buying an additional 86 shares during the last quarter. CIBC Asset Management Inc lifted its position in shares of Moody’s by 3.8% during the 2nd quarter. CIBC Asset Management Inc now owns 25,303 shares of the business services provider’s stock worth $12,692,000 after buying an additional 929 shares during the last quarter. Finally, Treasurer of the State of North Carolina boosted its stake in Moody’s by 0.4% in the second 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 buying an additional 280 shares in the last quarter. 92.11% of the stock is currently owned by institutional investors and hedge funds.

Insiders Place Their Bets

In related 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 is available 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 business’s 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 completion of the sale, the chief executive officer directly owned 75,189 shares in the company, valued at approximately $35,067,397.71. This represents 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 quarter, insiders have sold 3,250 shares of company stock worth $1,495,098. 0.14% of the stock is owned by company insiders.

Moody’s Stock Performance

NYSE:MCO opened at $468.16 on Thursday. The stock’s 50-day moving average is $451.08 and its 200-day moving average is $466.03. Moody’s Corporation has a 1-year low of $402.28 and a 1-year high of $546.88. The company has a current ratio of 1.16, a quick ratio of 1.16 and a debt-to-equity ratio of 2.03. The stock has a market cap of $81.79 billion, a P/E ratio of 33.56, a price-to-earnings-growth ratio of 2.44 and a beta of 1.34.

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 analysts’ consensus estimates of $4.22 by $0.11. Moody’s had a net margin of 31.69% and a return on equity of 70.97%. The business had revenue of $2.08 billion during the quarter, compared to analyst estimates of $2.11 billion. During the same quarter last year, the business earned $3.83 EPS. The firm’s quarterly 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. Equities research analysts anticipate that Moody’s Corporation will post 16.69 earnings per share for the current year.

Moody’s Dividend Announcement

The firm also recently declared a quarterly dividend, which was paid on Friday, June 5th. Stockholders 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 dividend yield of 0.9%. Moody’s’s dividend payout ratio (DPR) is presently 29.53%.

Wall Street Analyst Weigh In

A number of research analysts have issued reports on MCO shares. Wall Street Zen cut Moody’s from a “buy” rating to a “hold” rating in a research report on Saturday, March 21st. Wolfe Research restated an “outperform” rating and issued a $535.00 price target on shares of Moody’s in a research note on Thursday, April 23rd. BMO Capital Markets reaffirmed a “market perform” rating on shares of Moody’s in a report on Tuesday, May 26th. Bank of America reiterated a “buy” rating and set a $565.00 price objective on shares of Moody’s in a research report on Wednesday, April 22nd. Finally, Rothschild & Co Redburn set a $500.00 price objective on shares of Moody’s in a research note on Thursday, June 18th. One analyst has rated the stock with a Strong Buy rating, twelve have assigned a Buy rating and six have issued a Hold rating to the company. According to data from MarketBeat, Moody’s currently has an average rating of “Moderate Buy” and a consensus price target of $541.83.

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.