Emmett Investment Management LP Invests $5.38 Million in Moody’s Corporation $MCO

Emmett Investment Management LP purchased a new stake in shares of Moody’s Corporation (NYSE:MCO) during the first quarter, Holdings Channel.com reports. The firm purchased 12,250 shares of the business services provider’s stock, valued at approximately $5,375,000. Moody’s comprises 4.1% of Emmett Investment Management LP’s portfolio, making the stock its 12th biggest holding.

A number of other hedge funds and other institutional investors have also recently added to or reduced their stakes in MCO. Newbridge Financial Services Group Inc. acquired a new stake in shares of Moody’s in the second quarter worth $25,000. Wilkerson Advisory Group LLC raised its position in Moody’s by 87.1% during the first quarter. Wilkerson Advisory Group LLC now owns 58 shares of the business services provider’s stock valued at $25,000 after buying an additional 27 shares during the period. Birchwood Financial Partners Inc. purchased a new stake in Moody’s in the 4th quarter worth about $26,000. Whipplewood Advisors LLC boosted its position in Moody’s by 1,866.7% during the 1st quarter. Whipplewood Advisors LLC now owns 59 shares of the business services provider’s stock worth $26,000 after acquiring an additional 56 shares during the period. Finally, Nalls Sherbakoff Group LLC acquired a new stake in Moody’s during the 4th quarter worth about $27,000. Institutional investors and hedge funds own 92.11% of the company’s stock.

Insiders Place Their Bets

In other Moody’s news, CEO Robert Fauber sold 1,467 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 $665,533.89. Following the completion of the transaction, the chief executive officer owned 52,564 shares of the company’s stock, valued at $23,846,709.88. The trade was a 2.72% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, SVP Richard G. Steele sold 158 shares of the company’s stock in a transaction dated 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 owned 1,985 shares of the company’s stock, valued at $900,534.95. This trade represents a 7.37% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders sold 3,250 shares of company stock valued at $1,495,098 over the last 90 days. 0.14% of the stock is owned by corporate insiders.

Moody’s Price Performance

NYSE MCO opened at $486.05 on Tuesday. The company has a quick ratio of 1.19, a current ratio of 1.19 and a debt-to-equity ratio of 2.01. The stock has a market capitalization of $84.18 billion, a PE ratio of 30.82, a price-to-earnings-growth ratio of 2.34 and a beta of 1.34. Moody’s Corporation has a 12-month low of $402.28 and a 12-month high of $546.88. The company has a 50 day moving average price of $465.90 and a two-hundred day moving average price of $464.03.

Moody’s (NYSE:MCO) last released its quarterly earnings results on Wednesday, July 22nd. The business services provider reported $4.68 earnings per share for the quarter, beating analysts’ consensus estimates of $4.26 by $0.42. Moody’s had a net margin of 34.25% and a return on equity of 80.35%. The business had revenue of $2.19 billion for the quarter, compared to the consensus estimate of $2.09 billion. During the same quarter last year, the firm earned $3.56 EPS. Moody’s’s revenue for the quarter was up 15.1% on a year-over-year basis. Moody’s has set its FY 2026 guidance at 16.500-17.000 EPS. As a group, equities analysts predict that Moody’s Corporation will post 16.82 earnings per share for the current fiscal year.

Moody’s Announces Dividend

The company also recently declared a quarterly dividend, which will be paid on Friday, September 4th. Stockholders of record on Friday, August 14th will be given a $1.03 dividend. The ex-dividend date of this dividend is Friday, August 14th. This represents a $4.12 dividend on an annualized basis and a dividend yield of 0.8%. Moody’s’s dividend payout ratio (DPR) is currently 26.13%.

Wall Street Analysts Forecast Growth

MCO has been the subject of a number of research analyst reports. Morgan Stanley set a $512.00 price target on shares of Moody’s in a research report on Wednesday, July 22nd. Robert W. Baird upped their price objective on shares of Moody’s from $557.00 to $572.00 and gave the company an “outperform” rating in a research note on Thursday. Rothschild & Co Redburn set a $500.00 target price on shares of Moody’s in a research report on Thursday, June 18th. Wolfe Research reissued an “outperform” rating and set a $535.00 target price on shares of Moody’s in a research note on Thursday, April 23rd. Finally, Wells Fargo & Company boosted their price target on shares of Moody’s from $590.00 to $597.00 and gave the company an “overweight” rating in a report on Thursday. One equities research analyst has rated the stock with a Strong Buy rating, thirteen have given a Buy rating and five have issued a Hold rating to the stock. According to data from MarketBeat.com, Moody’s currently has an average rating of “Moderate Buy” and an average price target of $553.61.

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.