Moore Capital Management LP Makes New $6.23 Million Investment in Moody’s Corporation $MCO

Moore Capital Management LP acquired a new stake in Moody’s Corporation (NYSE:MCO) in the second quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor acquired 13,747 shares of the business services provider’s stock, valued at approximately $6,226,000.

Other hedge funds and other institutional investors have also made changes to their positions in the company. Kestra Private Wealth Services LLC lifted its holdings in shares of 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 worth $2,810,000 after acquiring an additional 22 shares during the last quarter. Reynders McVeigh Capital Management LLC increased its stake in Moody’s by 1.2% during the third quarter. Reynders McVeigh Capital Management LLC now owns 1,865 shares of the business services provider’s stock worth $889,000 after purchasing an additional 22 shares during the period. TCI Wealth Advisors Inc. boosted its stake in shares of Moody’s by 4.5% in the fourth quarter. TCI Wealth Advisors Inc. now owns 535 shares of the business services provider’s stock valued at $273,000 after purchasing an additional 23 shares during the period. Resolute Wealth Strategies LLC raised its stake in shares of Moody’s by 3.8% in the first quarter. Resolute Wealth Strategies LLC now owns 623 shares of the business services provider’s stock valued at $272,000 after acquiring an additional 23 shares in the last quarter. Finally, TD Private Client Wealth LLC grew its stake in Moody’s by 6.7% during the 4th quarter. TD Private Client Wealth LLC now owns 429 shares of the business services provider’s stock worth $219,000 after purchasing an additional 27 shares in the last quarter. Institutional investors and hedge funds own 92.11% of the company’s stock.

Analyst Ratings Changes

A number of equities analysts recently issued reports on the company. Rothschild & Co Redburn set a $500.00 price target on Moody’s in a report on Thursday, June 18th. BMO Capital Markets increased their price objective on shares of Moody’s from $489.00 to $515.00 and gave the company a “market perform” rating in a research note on Tuesday, July 7th. JPMorgan Chase & Co. upped their price target on shares of Moody’s from $530.00 to $600.00 and gave the stock an “overweight” rating in a research report on Monday, July 20th. Jefferies Financial Group initiated coverage on Moody’s in a research note on Friday, July 17th. They issued a “buy” rating and a $610.00 price target on the stock. Finally, Robert W. Baird upped their target price on Moody’s from $557.00 to $572.00 and gave the company an “outperform” rating in a report on Thursday, July 23rd. One analyst has rated the stock with a Strong Buy rating, fourteen have assigned a Buy rating and five have given a Hold rating to the company. Based on data from MarketBeat, Moody’s has an average rating of “Moderate Buy” and a consensus price target of $553.61.

Insider Transactions at Moody’s

In other news, CEO Robert Fauber sold 1,467 shares of the firm’s stock in a transaction that occurred on Monday, August 3rd. The shares were sold at an average price of $484.30, for a total value of $710,468.10. Following the completion of the transaction, the chief executive officer 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 ownership of the stock. The transaction was disclosed in a document filed with the SEC, which can be accessed through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders own 0.14% of the company’s stock.

Moody’s Stock Up 0.1%

Shares of NYSE:MCO opened at $515.69 on Monday. The company has a current ratio of 1.19, a quick ratio of 1.19 and a debt-to-equity ratio of 2.01. The stock has a market capitalization of $89.32 billion, a P/E ratio of 32.70, a price-to-earnings-growth ratio of 2.55 and a beta of 1.33. The stock’s 50-day moving average price is $484.86 and its 200-day moving average price is $460.16. Moody’s Corporation has a 12-month low of $402.28 and a 12-month high of $546.88.

Moody’s (NYSE:MCO) last announced 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. The business had revenue of $2.19 billion during 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 firm’s revenue was up 15.1% on a year-over-year basis. During the same period in the prior year, the company earned $3.56 earnings per share. Moody’s has set its FY 2026 guidance at 16.500-17.000 EPS. On average, equities analysts anticipate that Moody’s Corporation will post 16.89 earnings per share for the current year.

Moody’s Dividend Announcement

The business also recently declared a quarterly dividend, which will be paid on Friday, September 4th. Investors of record on Friday, August 14th will be issued a $1.03 dividend. This represents a $4.12 annualized dividend and a dividend yield of 0.8%. The ex-dividend date of this dividend is Friday, August 14th. Moody’s’s dividend payout ratio (DPR) is currently 26.13%.

About Moody’s

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.