1,518 Shares in Moody’s Corporation $MCO Purchased by Proficio Capital Partners LLC

Proficio Capital Partners LLC bought a new position in Moody’s Corporation (NYSE:MCO) in the 2nd quarter, according to the company in its most recent 13F filing with the SEC. The firm bought 1,518 shares of the business services provider’s stock, valued at approximately $687,000.

Other hedge funds and other institutional investors have also recently modified their holdings of the company. Newbridge Financial Services Group Inc. purchased a new stake in shares of Moody’s in the second quarter worth about $25,000. Birchwood Financial Partners Inc. purchased a new position in Moody’s during the fourth quarter valued at approximately $26,000. Nalls Sherbakoff Group LLC purchased a new position in Moody’s during the fourth quarter valued at approximately $27,000. Wilkerson Advisory Group LLC increased its holdings in Moody’s by 87.1% during the 1st quarter. Wilkerson Advisory Group LLC now owns 58 shares of the business services provider’s stock worth $25,000 after acquiring an additional 27 shares during the period. Finally, Whipplewood Advisors LLC grew its position in shares of Moody’s by 1,866.7% during the 1st quarter. Whipplewood Advisors LLC now owns 59 shares of the business services provider’s stock valued at $26,000 after purchasing an additional 56 shares in the last quarter. 92.11% of the stock is currently owned by institutional investors.

Analysts Set New Price Targets

Several research analysts have recently weighed in on the stock. UBS Group reaffirmed a “neutral” rating and issued a $505.00 price target on shares of Moody’s in a report on Thursday, July 23rd. Citigroup restated a “buy” rating on shares of Moody’s in a research report on Wednesday, July 29th. BMO Capital Markets raised their price target on Moody’s from $489.00 to $515.00 and gave the company a “market perform” rating in a report on Tuesday, July 7th. Morgan Stanley set a $512.00 price objective on Moody’s in a report on Wednesday, July 22nd. Finally, Jefferies Financial Group started coverage on shares of Moody’s in a research report on Friday, July 17th. They issued a “buy” rating and a $610.00 price objective on the stock. One investment analyst has rated the stock with a Strong Buy rating, fourteen have issued a Buy rating and five have assigned a Hold rating to the company’s stock. According to data from MarketBeat.com, Moody’s currently has an average rating of “Moderate Buy” and an average target price of $553.61.

Insider Buying and Selling at Moody’s

In related news, CEO Robert Fauber sold 1,467 shares of the firm’s stock in a transaction dated Monday, August 3rd. The stock was sold at an average price of $484.30, for a total transaction of $710,468.10. Following the transaction, the chief executive officer directly owned 51,964 shares of the company’s stock, valued at approximately $25,166,165.20. This trade represents a 2.75% decrease in their position. The sale was disclosed in a filing with the SEC, which is accessible through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Corporate insiders own 0.14% of the company’s stock.

Moody’s Stock Down 2.0%

Shares of NYSE:MCO opened at $494.64 on Wednesday. Moody’s Corporation has a 52-week low of $402.28 and a 52-week high of $546.88. The firm has a fifty day moving average of $487.00 and a 200 day moving average of $461.35. The firm has a market capitalization of $85.67 billion, a PE ratio of 31.37, a price-to-earnings-growth ratio of 2.50 and a beta of 1.34. The company has a debt-to-equity ratio of 2.01, a quick ratio of 1.19 and a current ratio of 1.19.

Moody’s (NYSE:MCO) last released its earnings results on Wednesday, July 22nd. The business services provider reported $4.68 EPS for the quarter, beating 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 for the quarter, compared to analysts’ expectations of $2.09 billion. During the same quarter in the prior year, the firm earned $3.56 earnings per share. The firm’s revenue was up 15.1% on a year-over-year basis. Moody’s has set its FY 2026 guidance at 16.500-17.000 EPS. As a group, research analysts anticipate that Moody’s Corporation will post 16.89 EPS for the current fiscal year.

Moody’s Announces Dividend

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 given a dividend of $1.03 per share. The ex-dividend date is Friday, August 14th. This represents a $4.12 annualized dividend and a dividend yield of 0.8%. Moody’s’s dividend payout ratio is 26.13%.

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.