Keybank National Association OH Acquires 1,973 Shares of Moody’s Corporation $MCO

Keybank National Association OH increased its holdings in Moody’s Corporation (NYSE:MCO) by 14.5% in the first quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 15,568 shares of the business services provider’s stock after buying an additional 1,973 shares during the period. Keybank National Association OH’s holdings in Moody’s were worth $6,792,000 as of its most recent filing with the Securities and Exchange Commission.

Several other institutional investors have also made changes to their positions in the stock. Newbridge Financial Services Group Inc. acquired a new stake in Moody’s during the second quarter worth approximately $25,000. Birchwood Financial Partners Inc. acquired a new position in Moody’s in the 4th quarter valued at $26,000. Nalls Sherbakoff Group LLC bought a new stake in shares of Moody’s during the 4th quarter valued at $27,000. Ares Financial Consulting LLC acquired a new stake in shares of Moody’s during the 4th quarter worth $29,000. Finally, Caitong International Asset Management Co. Ltd acquired a new stake in shares of Moody’s during the 3rd quarter worth $30,000. 92.11% of the stock is currently owned by institutional investors.

Analysts Set New Price Targets

A number of research analysts recently commented on the company. Wall Street Zen downgraded Moody’s from a “buy” rating to a “hold” rating in a research note on Saturday, March 21st. Rothschild & Co Redburn set a $500.00 price target on shares of Moody’s in a report on Thursday, June 18th. Bank of America reiterated a “buy” rating and set a $565.00 price target on shares of Moody’s in a research report on Wednesday, April 22nd. Wells Fargo & Company lifted their price objective on shares of Moody’s from $560.00 to $590.00 and gave the company an “overweight” rating in a research note on Thursday, April 23rd. Finally, Weiss Ratings downgraded shares of Moody’s from a “buy (b-)” rating to a “hold (c+)” rating in a research report on Monday, April 27th. One research analyst has rated the stock with a Strong Buy rating, twelve have assigned a Buy rating and six have given a Hold rating to the company. According to MarketBeat, the stock currently has a consensus rating of “Moderate Buy” and a consensus target price of $541.83.

Moody’s Stock Down 0.2%

MCO stock opened at $489.61 on Friday. The stock has a market capitalization of $85.53 billion, a P/E ratio of 35.10, a price-to-earnings-growth ratio of 2.64 and a beta of 1.34. The company has a current ratio of 1.16, a quick ratio of 1.16 and a debt-to-equity ratio of 2.03. Moody’s Corporation has a 12 month low of $402.28 and a 12 month high of $546.88. The firm has a 50-day moving average price of $452.09 and a 200-day moving average price of $466.21.

Moody’s (NYSE:MCO) last posted its quarterly earnings results on Wednesday, April 22nd. The business services provider reported $4.33 earnings per share for the quarter, beating analysts’ consensus estimates of $4.22 by $0.11. The company had revenue of $2.08 billion for the quarter, compared to the consensus estimate of $2.11 billion. Moody’s had a net margin of 31.69% and a return on equity of 70.97%. The firm’s quarterly revenue was up 8.1% compared to the same quarter last year. During the same period last year, the company posted $3.83 EPS. Moody’s has set its FY 2026 guidance at 16.400-17.000 EPS. As a group, equities research analysts anticipate that Moody’s Corporation will post 16.69 EPS for the current fiscal year.

Moody’s Announces Dividend

The business also recently announced a quarterly dividend, which was paid on Friday, June 5th. Shareholders of record on Friday, May 15th were paid a dividend of $1.03 per share. This represents a $4.12 dividend on an annualized basis and a dividend yield of 0.8%. The ex-dividend date of this dividend was Friday, May 15th. Moody’s’s payout ratio is presently 29.53%.

Insiders Place Their Bets

In related news, SVP Richard G. Steele sold 158 shares of the firm’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 sale, the senior vice president owned 1,985 shares of the company’s stock, valued at $900,534.95. This trade represents a 7.37% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is available 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 business’s 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 owned 52,564 shares in the company, valued at $23,846,709.88. This represents a 2.72% 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. In the last ninety days, insiders have sold 3,250 shares of company stock worth $1,495,098. Insiders own 0.14% of the company’s stock.

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.