Dearborn Partners LLC Acquires Shares of 1,741 Moody’s Corporation $MCO

Dearborn Partners LLC bought a new position in shares of Moody’s Corporation (NYSE:MCOFree Report) during the 2nd quarter, according to its most recent Form 13F filing with the SEC. The institutional investor bought 1,741 shares of the business services provider’s stock, valued at approximately $760,000.

A number of other institutional investors have also recently modified their holdings of MCO. Wilkerson Advisory Group LLC raised its holdings in Moody’s by 87.1% in the 1st quarter. Wilkerson Advisory Group LLC now owns 58 shares of the business services provider’s stock worth $25,000 after purchasing an additional 27 shares during the period. Newbridge Financial Services Group Inc. acquired a new stake in Moody’s in the second quarter valued at approximately $25,000. Whipplewood Advisors LLC increased its position 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 buying an additional 56 shares in the last quarter. Birchwood Financial Partners Inc. acquired a new position in shares of Moody’s during the 4th quarter worth approximately $26,000. Finally, Nalls Sherbakoff Group LLC acquired a new position in shares of Moody’s during the 4th quarter worth approximately $27,000. 92.11% of the stock is currently owned by institutional investors and hedge funds.

Insider Transactions at Moody’s

In related news, CEO Robert Fauber sold 1,467 shares of the company’s stock in a transaction dated Monday, August 3rd. The shares were sold at an average price of $484.30, for a total transaction of $710,468.10. Following the completion of the sale, the chief executive officer owned 51,964 shares of the company’s stock, valued at approximately $25,166,165.20. This represents a 2.75% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, SVP Richard G. Steele sold 158 shares of the company’s stock in a transaction dated Monday, June 1st. The shares were sold at an average price of $453.67, for a total transaction of $71,679.86. Following the sale, the senior vice president directly owned 1,985 shares of the company’s stock, valued at approximately $900,534.95. This represents a 7.37% decrease in their position. 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. Insiders have sold 3,092 shares of company stock worth $1,447,682 over the last 90 days. 0.14% of the stock is currently owned by company insiders.

Analyst Ratings Changes

A number of equities research analysts recently issued reports on the stock. Barclays lifted their price target on shares of Moody’s from $550.00 to $575.00 and gave the company an “overweight” rating in a research note on Friday, July 10th. Wells Fargo & Company upped their price objective on shares of Moody’s from $590.00 to $597.00 and gave the stock an “overweight” rating in a research report on Thursday, July 23rd. 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 report on Tuesday, July 7th. Citigroup reiterated a “buy” rating on shares of Moody’s in a research report on Wednesday, July 29th. Finally, UBS Group restated a “neutral” rating and set a $505.00 price target on shares of Moody’s in a research report on Thursday, July 23rd. One investment 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 stock. Based on data from MarketBeat, the company has a consensus rating of “Moderate Buy” and an average target price of $553.61.

Get Our Latest Stock Analysis on Moody’s

Moody’s Stock Up 1.6%

NYSE MCO opened at $511.25 on Tuesday. The business has a fifty day moving average price of $480.36 and a 200 day moving average price of $458.52. Moody’s Corporation has a one year low of $402.28 and a one year high of $546.88. The company has a debt-to-equity ratio of 2.01, a quick ratio of 1.19 and a current ratio of 1.19. The company has a market cap of $88.55 billion, a P/E ratio of 32.42, a P/E/G ratio of 2.49 and a beta of 1.33.

Moody’s (NYSE:MCOGet Free Report) last announced its 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. Moody’s had a net margin of 34.25% and a return on equity of 80.35%. The company had revenue of $2.19 billion for the quarter, compared to analysts’ expectations of $2.09 billion. During the same quarter in the previous year, the company posted $3.56 EPS. The firm’s quarterly 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. Research analysts anticipate that Moody’s Corporation will post 16.89 EPS for the current fiscal year.

Moody’s Announces Dividend

The firm also recently declared a quarterly dividend, which will be paid on Friday, September 4th. Investors 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 dividend on an annualized basis and a yield of 0.8%. Moody’s’s payout ratio is presently 26.13%.

Moody’s Profile

(Free Report)

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.

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Institutional Ownership by Quarter for Moody's (NYSE:MCO)

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