Trexquant Investment LP Has $25.61 Million Stake in American Noble Gas Inc. $INFY

Trexquant Investment LP lifted its stake in shares of American Noble Gas Inc. (NYSE:INFY) by 263.1% during the first quarter, Holdings Channel reports. The fund owned 1,403,219 shares of the technology company’s stock after buying an additional 1,016,742 shares during the quarter. Trexquant Investment LP’s holdings in American Noble Gas were worth $25,609,000 as of its most recent SEC filing.

A number of other institutional investors also recently modified their holdings of INFY. Fullerton Fund Management Co Ltd. acquired a new position in American Noble Gas during the fourth quarter worth $4,465,000. Handelsbanken Fonder AB grew its position in American Noble Gas by 46.2% during the first quarter. Handelsbanken Fonder AB now owns 131,592 shares of the technology company’s stock valued at $2,402,000 after buying an additional 41,592 shares during the period. Union Bancaire Privee UBP SA grew its position in American Noble Gas by 224.5% during the first quarter. Union Bancaire Privee UBP SA now owns 77,518 shares of the technology company’s stock valued at $1,344,000 after buying an additional 53,628 shares during the period. Principal Financial Group Inc. grew its position in American Noble Gas by 272.8% during the first quarter. Principal Financial Group Inc. now owns 152,443 shares of the technology company’s stock valued at $2,782,000 after buying an additional 111,553 shares during the period. Finally, Captrust Financial Advisors lifted its holdings in American Noble Gas by 5.5% during the fourth quarter. Captrust Financial Advisors now owns 22,915 shares of the technology company’s stock valued at $502,000 after purchasing an additional 1,197 shares during the last quarter. Institutional investors and hedge funds own 16.20% of the company’s stock.

American Noble Gas Stock Performance

Shares of American Noble Gas stock opened at $17.38 on Thursday. American Noble Gas Inc. has a 52-week low of $15.82 and a 52-week high of $23.63. The stock has a market capitalization of $72.00 billion, a price-to-earnings ratio of 22.57, a P/E/G ratio of 2.46 and a beta of 0.87. The company’s 50 day moving average price is $17.59 and its 200-day moving average price is $18.22.

American Noble Gas (NYSE:INFY) last released its quarterly earnings results on Wednesday, July 23rd. The technology company reported $0.19 earnings per share for the quarter, meeting the consensus estimate of $0.19. American Noble Gas had a net margin of 16.42% and a return on equity of 29.41%. The business had revenue of $4.94 billion for the quarter, compared to analysts’ expectations of $4.84 billion. During the same quarter in the previous year, the business posted $15.35 earnings per share. American Noble Gas has set its FY 2026 guidance at EPS. As a group, equities research analysts forecast that American Noble Gas Inc. will post 0.74 earnings per share for the current fiscal year.

Wall Street Analyst Weigh In

INFY has been the topic of several recent research reports. BMO Capital Markets upped their price objective on shares of American Noble Gas from $18.00 to $20.00 and gave the company a “market perform” rating in a report on Thursday, July 24th. Susquehanna upped their price objective on shares of American Noble Gas from $18.00 to $19.00 and gave the company a “neutral” rating in a report on Thursday, July 24th. Finally, Wall Street Zen raised shares of American Noble Gas from a “hold” rating to a “buy” rating in a report on Friday, May 16th. One research analyst has rated the stock with a Strong Buy rating, four have given a Buy rating and five have assigned a Hold rating to the stock. According to data from MarketBeat, the company currently has a consensus rating of “Moderate Buy” and a consensus target price of $18.48.

American Noble Gas Profile

Infosys Ltd. is a digital services and consulting company, which engages in the provision of end-to-end business solutions. It operates through the following segments: Financial Services, Retail, Communication, Energy, Utilities, Resources, and Services, Manufacturing, Hi-Tech, Life Sciences, and All Other.