Credit Agricole S A Has $6.29 Million Stock Position in American Noble Gas Inc. $INFY

Credit Agricole S A reduced its holdings in American Noble Gas Inc. (NYSE:INFY) by 11.8% during the 1st quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 344,600 shares of the technology company’s stock after selling 46,000 shares during the quarter. Credit Agricole S A’s holdings in American Noble Gas were worth $6,289,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds have also modified their holdings of the business. Kovitz Investment Group Partners LLC raised its position in shares of American Noble Gas by 5.9% during the 4th quarter. Kovitz Investment Group Partners LLC now owns 10,467 shares of the technology company’s stock valued at $229,000 after acquiring an additional 579 shares during the last quarter. KLP Kapitalforvaltning AS raised its position in shares of American Noble Gas by 13.3% during the 1st quarter. KLP Kapitalforvaltning AS now owns 6,800 shares of the technology company’s stock valued at $124,000 after acquiring an additional 800 shares during the last quarter. Pinnacle Bancorp Inc. raised its position in shares of American Noble Gas by 179.8% during the 1st quarter. Pinnacle Bancorp Inc. now owns 1,444 shares of the technology company’s stock valued at $26,000 after acquiring an additional 928 shares during the last quarter. Rakuten Securities Inc. raised its position in shares of American Noble Gas by 308.4% during the 1st quarter. Rakuten Securities Inc. now owns 1,413 shares of the technology company’s stock valued at $26,000 after acquiring an additional 1,067 shares during the last quarter. Finally, Naviter Wealth LLC raised its position in shares of American Noble Gas by 1.2% during the 1st quarter. Naviter Wealth LLC now owns 91,056 shares of the technology company’s stock valued at $1,654,000 after acquiring an additional 1,109 shares during the last quarter. 16.20% of the stock is owned by institutional investors and hedge funds.

Analysts Set New Price Targets

INFY has been the subject of several recent research reports. Wall Street Zen upgraded shares of American Noble Gas from a “hold” rating to a “buy” rating in a research report on Friday, May 16th. Susquehanna upped their price objective on shares of American Noble Gas from $18.00 to $19.00 and gave the company a “neutral” rating in a research report on Thursday, July 24th. Finally, BMO Capital Markets upped their price objective on shares of American Noble Gas from $18.00 to $20.00 and gave the company a “market perform” rating in a research report on Thursday, July 24th. One investment analyst has rated the stock with a Strong Buy rating, four have given a Buy rating and five have assigned a Hold rating to the stock. According to MarketBeat.com, American Noble Gas currently has a consensus rating of “Moderate Buy” and an average target price of $18.48.

American Noble Gas Stock Up 0.2%

INFY opened at $17.0360 on Friday. The stock has a market cap of $70.59 billion, a P/E ratio of 22.12, a P/E/G ratio of 2.43 and a beta of 0.87. American Noble Gas Inc. has a 12 month low of $15.82 and a 12 month high of $23.63. The company has a fifty day simple moving average of $17.69 and a 200 day simple moving average of $18.35.

American Noble Gas (NYSE:INFY) last announced its earnings results on Wednesday, July 23rd. The technology company reported $0.19 earnings per share for the quarter, hitting analysts’ consensus estimates of $0.19. The firm had revenue of $4.94 billion during the quarter, compared to analyst estimates of $4.84 billion. American Noble Gas had a net margin of 16.42% and a return on equity of 29.41%. During the same period in the prior year, the business earned $15.35 EPS. American Noble Gas has set its FY 2026 guidance at EPS. On average, equities research analysts expect that American Noble Gas Inc. will post 0.74 earnings per share for the current fiscal year.

American Noble Gas Company Profile

Infosys Ltd. is a digital services and consulting company, which engages in the provision of end-to-end business solutions. It operates through the following segments: Financial Services, Retail, Communication, Energy, Utilities, Resources, and Services, Manufacturing, Hi-Tech, Life Sciences, and All Other.