Moody’s Corporation $MCO Stock: Retail Employees Superannuation Pty Ltd as trustee for Retail Employees Superannuation Trust Grows Stake

Retail Employees Superannuation Pty Ltd as trustee for Retail Employees Superannuation Trust grew its position in shares of Moody’s Corporation (NYSE:MCO) by 38.6% in the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 18,428 shares of the business services provider’s stock after acquiring an additional 5,128 shares during the quarter. Moody’s comprises 2.0% of Retail Employees Superannuation Pty Ltd as trustee for Retail Employees Superannuation Trust’s holdings, making the stock its 21st largest holding. Retail Employees Superannuation Pty Ltd as trustee for Retail Employees Superannuation Trust’s holdings in Moody’s were worth $8,369,000 at the end of the most recent reporting period.

A number of other institutional investors also recently modified their holdings of the company. Kestra Private Wealth Services LLC grew its position in Moody’s by 0.3% in the 1st quarter. Kestra Private Wealth Services LLC now owns 6,440 shares of the business services provider’s stock valued at $2,810,000 after purchasing an additional 22 shares during the period. Resolute Wealth Strategies LLC increased its stake in Moody’s by 3.8% during the 1st quarter. Resolute Wealth Strategies LLC now owns 623 shares of the business services provider’s stock valued at $272,000 after purchasing an additional 23 shares in the last quarter. Goelzer Investment Management Inc. increased its stake in Moody’s by 1.2% during the 3rd quarter. Goelzer Investment Management Inc. now owns 1,949 shares of the business services provider’s stock valued at $885,000 after purchasing an additional 23 shares in the last quarter. Matrix Trust Co raised its holdings in Moody’s by 1.5% during the third quarter. Matrix Trust Co now owns 1,706 shares of the business services provider’s stock worth $775,000 after buying an additional 26 shares during the last quarter. Finally, Wilkerson Advisory Group LLC raised its holdings in Moody’s by 87.1% during the first quarter. Wilkerson Advisory Group LLC now owns 58 shares of the business services provider’s stock worth $25,000 after buying an additional 27 shares during the last quarter. 92.11% of the stock is owned by institutional investors and hedge funds.

Insider Buying and Selling at Moody’s

In related news, CEO Robert Fauber sold 1,467 shares of the business’s stock in a transaction that occurred on Monday, August 3rd. The stock was sold at an average price of $484.30, for a total value of $710,468.10. Following the completion of the sale, the chief executive officer owned 51,964 shares in the company, valued at $25,166,165.20. The trade was a 2.75% decrease in their position. The transaction was disclosed in a filing with the SEC, which is available through the SEC website. 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 Trading Down 0.8%

NYSE MCO opened at $480.99 on Tuesday. The stock’s 50-day simple moving average is $477.99 and its two-hundred day simple moving average is $467.20. 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 company has a market capitalization of $83.31 billion, a price-to-earnings ratio of 29.27, a PEG ratio of 2.50 and a beta of 1.35.

Moody’s (NYSE:MCO) last issued its quarterly earnings results on Wednesday, July 22nd. The business services provider reported $4.68 earnings per share (EPS) for the quarter, topping the consensus estimate of $4.26 by $0.42. The firm had revenue of $2.19 billion during the quarter, compared to analyst estimates of $2.09 billion. Moody’s had a return on equity of 80.35% and a net margin of 34.25%. The company’s revenue was up 15.1% compared to the same quarter last year. During the same quarter in the previous year, the company posted $3.56 earnings per share. Moody’s has set its FY 2026 guidance at 16.500-17.000 EPS. Research analysts forecast that Moody’s Corporation will post 16.92 EPS for the current fiscal year.

Analyst Upgrades and Downgrades

MCO has been the topic of a number of recent research reports. Wells Fargo & Company raised their price objective on shares of Moody’s from $590.00 to $597.00 and gave the company an “overweight” rating in a research note on Thursday, July 23rd. UBS Group reissued a “neutral” rating and set a $505.00 target price (up from $490.00) on shares of Moody’s in a research report on Thursday, July 23rd. JPMorgan Chase & Co. decreased their target price on shares of Moody’s from $570.00 to $555.00 and set an “overweight” rating for the company in a research report on Wednesday, October 14th. Barclays upped their target price on shares of Moody’s from $550.00 to $575.00 and gave the stock an “overweight” rating in a report on Friday, July 10th. Finally, Evercore lifted their price target on Moody’s from $570.00 to $588.00 and gave the company an “outperform” rating in a research note on Wednesday, July 15th. Thirteen analysts have rated the stock with a Buy rating and seven have issued a Hold rating to the company’s stock. Based on data from MarketBeat.com, the company currently has an average rating of “Moderate Buy” and an average target price of $551.26.

About Moody’s

Moody’s Corporation (NYSE:MCO) is a global provider of credit ratings, research, data, analytics and risk-management solutions. Through Moody’s Investors Service, the company assigns credit ratings and publishes research on corporate, government and structured-finance debt issuers, helping investors and other market participants evaluate credit risk.

Through Moody’s Analytics, the company provides financial intelligence, economic research, data, software and advisory services. Its offerings support credit analysis, lending, portfolio management, enterprise risk management, compliance and related functions across financial institutions, corporations, governments and other organizations.

Moody’s traces its origins to 1909, when John Moody established the company that introduced published credit ratings for bonds.