Calamos Advisors LLC Takes Position in Moody’s Corporation $MCO

Calamos Advisors LLC acquired a new stake in shares of Moody’s Corporation (NYSE:MCO) during the first quarter, Holdings Channel reports. The firm acquired 24,196 shares of the business services provider’s stock, valued at approximately $10,556,000.

Other hedge funds and other institutional investors have also recently added to or reduced their stakes in the company. Norges Bank acquired a new position in shares of Moody’s during the 4th quarter valued at $1,097,101,000. Egerton Capital UK LLP acquired a new stake in shares of Moody’s in the fourth quarter valued at $395,096,000. Price T Rowe Associates Inc. MD lifted its holdings in shares of Moody’s by 73.5% in the fourth quarter. Price T Rowe Associates Inc. MD now owns 1,716,304 shares of the business services provider’s stock valued at $876,775,000 after buying an additional 726,971 shares during the period. Principal Financial Group Inc. boosted its stake in Moody’s by 72.5% during the first quarter. Principal Financial Group Inc. now owns 1,081,807 shares of the business services provider’s stock valued at $471,963,000 after buying an additional 454,684 shares in the last quarter. Finally, Auto Owners Insurance Co grew its holdings in Moody’s by 50,985.1% during the fourth quarter. Auto Owners Insurance Co now owns 420,430 shares of the business services provider’s stock worth $214,777,000 after acquiring an additional 419,607 shares during the period. Institutional investors own 92.11% of the company’s stock.

Analyst Ratings Changes

Several brokerages have commented on MCO. Rothschild & Co Redburn set a $500.00 price target on shares of Moody’s in a research report on Thursday, June 18th. BMO Capital Markets raised 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 report on Tuesday, July 7th. Mizuho lowered their price objective on shares of Moody’s from $524.00 to $521.00 and set a “neutral” rating on the stock in a research note on Tuesday, April 28th. Morgan Stanley boosted their target price on shares of Moody’s from $491.00 to $496.00 and gave the stock an “equal weight” rating in a report on Tuesday, July 7th. Finally, Wells Fargo & Company lifted their price target on shares of Moody’s from $560.00 to $590.00 and gave the stock an “overweight” rating in a research report on Thursday, April 23rd. One investment analyst has rated the stock with a Strong Buy rating, twelve have given a Buy rating and six have assigned a Hold rating to the stock. Based on data from MarketBeat, Moody’s has a consensus rating of “Moderate Buy” and a consensus price target of $545.06.

Insider Buying and Selling

In other Moody’s news, SVP Richard G. Steele sold 158 shares of the business’s stock in a transaction on 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 $900,534.95. The trade was a 7.37% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, 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 stock in a transaction on Friday, May 1st. The shares were sold at an average price of $466.39, for a total value of $684,194.13. Following the completion of the sale, the chief executive officer owned 75,189 shares of the company’s stock, valued at $35,067,397.71. The trade was a 1.91% 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 sold a total of 3,250 shares of company stock valued at $1,495,098 in the last ninety days. Company insiders own 0.14% of the company’s stock.

Moody’s Price Performance

NYSE MCO opened at $494.85 on Wednesday. The stock’s 50-day moving average price is $456.98 and its two-hundred day moving average price is $465.47. The company has a current ratio of 1.16, a quick ratio of 1.16 and a debt-to-equity ratio of 2.03. The company has a market cap of $86.45 billion, a PE ratio of 35.47, a PEG ratio of 2.54 and a beta of 1.34. Moody’s Corporation has a 1 year low of $402.28 and a 1 year high of $546.88.

Moody’s (NYSE:MCO) last announced its earnings results on Wednesday, April 22nd. The business services provider reported $4.33 EPS for the quarter, topping the consensus estimate of $4.22 by $0.11. Moody’s had a net margin of 31.69% and a return on equity of 70.97%. The company had revenue of $2.08 billion during the quarter, compared to analysts’ expectations of $2.11 billion. During the same period last year, the company posted $3.83 earnings per share. The business’s revenue for the quarter was up 8.1% on a year-over-year basis. Moody’s has set its FY 2026 guidance at 16.400-17.000 EPS. On average, analysts predict that Moody’s Corporation will post 16.71 EPS for the current year.

Moody’s Announces Dividend

The company also recently declared a quarterly dividend, which was paid on Friday, June 5th. Investors of record on Friday, May 15th were given a $1.03 dividend. This represents a $4.12 annualized dividend and a dividend yield of 0.8%. The ex-dividend date was Friday, May 15th. Moody’s’s dividend payout ratio is 29.53%.

Moody’s Company Profile

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.