Bridgefront Capital LLC Acquires Shares of 3,259 Moody’s Corporation $MCO

Bridgefront Capital LLC bought a new position in shares of Moody’s Corporation (NYSE:MCO) during the third quarter, according to its most recent filing with the Securities & Exchange Commission. The institutional investor bought 3,259 shares of the business services provider’s stock, valued at approximately $1,553,000. Moody’s makes up 0.5% of Bridgefront Capital LLC’s investment portfolio, making the stock its 28th largest position.

Other hedge funds have also modified their holdings of the company. VestGen Advisors LLC increased its holdings in shares of Moody’s by 2.0% in the second quarter. VestGen Advisors LLC now owns 1,097 shares of the business services provider’s stock valued at $550,000 after purchasing an additional 21 shares in the last quarter. EWA LLC lifted its holdings in Moody’s by 4.4% during the 3rd quarter. EWA LLC now owns 501 shares of the business services provider’s stock worth $239,000 after buying an additional 21 shares in the last quarter. Quadrant Capital Group LLC boosted its position in Moody’s by 0.4% in the 3rd quarter. Quadrant Capital Group LLC now owns 4,899 shares of the business services provider’s stock valued at $2,334,000 after buying an additional 21 shares during the last quarter. CWM LLC boosted its position in Moody’s by 0.4% in the 3rd quarter. CWM LLC now owns 5,002 shares of the business services provider’s stock valued at $2,383,000 after buying an additional 22 shares during the last quarter. Finally, Investment Management Corp VA ADV increased its stake in shares of Moody’s by 2.2% in the 3rd quarter. Investment Management Corp VA ADV now owns 1,002 shares of the business services provider’s stock valued at $477,000 after buying an additional 22 shares during the period. 92.11% of the stock is owned by institutional investors.

Moody’s Trading Up 0.8%

NYSE MCO opened at $429.91 on Friday. The company has a market capitalization of $76.52 billion, a PE ratio of 31.43, a P/E/G ratio of 2.22 and a beta of 1.45. Moody’s Corporation has a 12 month low of $378.71 and a 12 month high of $546.88. The stock has a 50-day simple moving average of $482.19 and a 200 day simple moving average of $487.88. The company has a current ratio of 1.74, a quick ratio of 1.74 and a debt-to-equity ratio of 1.66.

Moody’s (NYSE:MCO) last announced its quarterly earnings results on Wednesday, February 18th. The business services provider reported $3.64 EPS for the quarter, beating analysts’ consensus estimates of $3.39 by $0.25. Moody’s had a return on equity of 66.01% and a net margin of 31.86%.The company had revenue of $1.89 billion during the quarter, compared to analysts’ expectations of $1.87 billion. During the same period in the prior year, the business posted $2.62 EPS. Moody’s’s revenue was up 13.0% on a year-over-year basis. Moody’s has set its FY 2026 guidance at 16.400-17.000 EPS. Research analysts forecast that Moody’s Corporation will post 13.95 EPS for the current year.

Moody’s Increases Dividend

The company also recently declared a quarterly dividend, which was paid on Friday, March 13th. Stockholders of record on Monday, March 2nd were given a dividend of $1.03 per share. This is a positive change from Moody’s’s previous quarterly dividend of $0.94. This represents a $4.12 dividend on an annualized basis and a dividend yield of 1.0%. The ex-dividend date of this dividend was Monday, March 2nd. Moody’s’s payout ratio is 30.12%.

Insider Buying and Selling at Moody’s

In other Moody’s news, SVP Richard G. Steele sold 375 shares of Moody’s stock in a transaction dated Tuesday, March 3rd. The stock was sold at an average price of $456.71, for a total transaction of $171,266.25. Following the transaction, the senior vice president directly owned 2,459 shares in the company, valued at approximately $1,123,049.89. The trade was a 13.23% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is accessible through this link. Also, CEO Robert Fauber sold 5,213 shares of the business’s stock in a transaction dated Tuesday, March 3rd. The shares were sold at an average price of $456.71, for a total value of $2,380,829.23. Following the completion of the transaction, the chief executive officer directly owned 75,789 shares of the company’s stock, valued at approximately $34,613,594.19. The trade was a 6.44% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Insiders sold a total of 6,755 shares of company stock valued at $3,144,524 in the last three months. 0.14% of the stock is owned by company insiders.

Wall Street Analysts Forecast Growth

Several equities analysts have recently issued reports on the company. JPMorgan Chase & Co. cut their price target on Moody’s from $600.00 to $560.00 and set an “overweight” rating on the stock in a research note on Thursday, February 19th. Morgan Stanley boosted their price objective on Moody’s from $520.00 to $526.00 and gave the stock an “equal weight” rating in a report on Tuesday, January 13th. Evercore restated an “outperform” rating and set a $610.00 target price on shares of Moody’s in a research report on Thursday, February 19th. Wells Fargo & Company lifted their price target on shares of Moody’s from $620.00 to $660.00 and gave the stock an “overweight” rating in a research report on Wednesday, January 14th. Finally, Mizuho dropped their price target on shares of Moody’s from $550.00 to $524.00 and set a “neutral” rating for the company in a research note on Tuesday, February 24th. One analyst has rated the stock with a Strong Buy rating, twelve have given a Buy rating and five have given a Hold rating to the company. Based on data from MarketBeat, the company currently has an average rating of “Moderate Buy” and an average price target of $550.25.

Moody’s 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.