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

Edgestream Partners L.P. boosted its holdings in shares of Moody’s Corporation (NYSE:MCO) by 806.7% during the first quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 9,239 shares of the business services provider’s stock after buying 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.

A number of other hedge funds also recently made changes to their positions in the business. Wilkerson Advisory Group LLC increased its holdings in shares of 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 last quarter. Newbridge Financial Services Group Inc. acquired a new stake in Moody’s during the 2nd quarter valued at $25,000. Whipplewood Advisors LLC increased its holdings in shares of Moody’s by 1,866.7% in the first 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 during the last quarter. Birchwood Financial Partners Inc. acquired a new position in shares of Moody’s in the fourth quarter valued at $26,000. Finally, Nalls Sherbakoff Group LLC bought a new position in shares of Moody’s in the fourth quarter valued at about $27,000. 92.11% of the stock is owned by institutional investors and hedge funds.

Analysts Set New Price Targets

Several analysts recently commented on the stock. BMO Capital Markets lifted their target price on shares of Moody’s from $489.00 to $515.00 and gave the stock a “market perform” rating in a report on Tuesday, July 7th. UBS Group restated a “neutral” rating and set a $505.00 price objective on shares of Moody’s in a research report on Thursday, July 23rd. Mizuho boosted their price objective on Moody’s from $521.00 to $530.00 and gave the stock a “neutral” rating in a report on Monday. Wolfe Research reiterated an “outperform” rating and set a $535.00 target price on shares of Moody’s in a research note on Thursday, April 23rd. Finally, Weiss Ratings upgraded Moody’s from a “hold (c+)” rating to a “buy (b-)” rating in a research note on Wednesday, July 15th. One research analyst has rated the stock with a Strong Buy rating, fourteen have assigned a Buy rating and five have assigned a Hold rating to the company. Based on data from MarketBeat, the company currently has a consensus rating of “Moderate Buy” and a consensus target price of $553.61.

Moody’s Stock Performance

NYSE MCO opened at $478.90 on Friday. The firm has a 50-day moving average price of $469.00 and a two-hundred day moving average price of $463.14. Moody’s Corporation has a 12-month low of $402.28 and a 12-month high of $546.88. The company 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. The company has a quick ratio of 1.19, a current ratio of 1.19 and a debt-to-equity ratio of 2.01.

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

Moody’s Announces Dividend

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

Insiders Place Their Bets

In other news, SVP Richard G. Steele sold 158 shares of the company’s stock in a transaction on Monday, June 1st. The stock was sold at an average price of $453.67, for a total transaction of $71,679.86. Following the completion of the sale, 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 transaction was disclosed in a legal filing with the SEC, which can be accessed through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, CEO Robert Fauber sold 1,467 shares of the stock in a transaction on Monday, June 1st. The stock was sold at an average price of $453.67, for a total value of $665,533.89. Following the sale, the chief executive officer directly owned 52,564 shares in the company, valued at approximately $23,846,709.88. This trade represents a 2.72% decrease in their ownership of the stock. 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. Corporate insiders own 0.14% of the company’s stock.

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.