Nwam LLC bought a new stake in Moody’s Corporation (NYSE:MCO – Free Report) during the 2nd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm bought 1,031 shares of the business services provider’s stock, valued at approximately $467,000.
Several other institutional investors also recently modified their holdings of the business. Wilkerson Advisory Group LLC increased its stake in shares of Moody’s by 87.1% in the 1st quarter. Wilkerson Advisory Group LLC now owns 58 shares of the business services provider’s stock valued at $25,000 after acquiring an additional 27 shares during the last quarter. Newbridge Financial Services Group Inc. acquired a new position in Moody’s during the second quarter valued at approximately $25,000. Whipplewood Advisors LLC increased its stake in 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 in the last quarter. Birchwood Financial Partners Inc. acquired a new stake in Moody’s in the fourth quarter worth $26,000. Finally, Nalls Sherbakoff Group LLC acquired a new stake in Moody’s in the fourth quarter worth $27,000. Institutional investors and hedge funds own 92.11% of the company’s stock.
Insider Activity
In related news, CEO Robert Fauber sold 1,467 shares of the firm’s stock in a transaction 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 directly 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 filing with the Securities & Exchange Commission, which can be accessed through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. 0.14% of the stock is currently owned by corporate insiders.
Wall Street Analyst Weigh In
Get Our Latest Stock Analysis on Moody’s
Moody’s Stock Up 2.8%
Moody’s stock opened at $503.60 on Friday. The company has a fifty day simple moving average of $489.09 and a 200 day simple moving average of $462.42. The company has a current ratio of 1.19, a quick ratio of 1.19 and a debt-to-equity ratio of 2.01. Moody’s Corporation has a 1-year low of $402.28 and a 1-year high of $546.88. The company has a market cap of $87.22 billion, a P/E ratio of 31.93, a price-to-earnings-growth ratio of 2.57 and a beta of 1.34.
Moody’s (NYSE:MCO – Get Free Report) last posted its quarterly earnings data on Wednesday, July 22nd. The business services provider reported $4.68 EPS for the quarter, topping analysts’ consensus estimates of $4.26 by $0.42. The company had revenue of $2.19 billion during the quarter, compared to the consensus estimate of $2.09 billion. Moody’s had a net margin of 34.25% and a return on equity of 80.35%. The company’s quarterly revenue was up 15.1% on a year-over-year basis. During the same period in the prior year, the business posted $3.56 EPS. 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 earnings per share for the current fiscal year.
Moody’s Announces Dividend
The business also recently declared a quarterly dividend, which will be paid on Friday, September 4th. Shareholders of record on Friday, August 14th will be given a dividend of $1.03 per share. The ex-dividend date of this dividend is Friday, August 14th. This represents a $4.12 annualized dividend and a dividend yield of 0.8%. Moody’s’s payout ratio is 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.
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