Moody’s Corporation $MCO Shares Sold by TD Asset Management Inc

TD Asset Management Inc trimmed its stake in Moody’s Corporation (NYSE:MCO) by 28.5% during the fourth quarter, according to its most recent filing with the Securities & Exchange Commission. The fund owned 440,704 shares of the business services provider’s stock after selling 175,505 shares during the quarter. TD Asset Management Inc’s holdings in Moody’s were worth $225,134,000 at the end of the most recent quarter.

Other hedge funds have also modified their holdings of the company. Newbridge Financial Services Group Inc. acquired a new position in shares of Moody’s in the 2nd quarter worth $25,000. Caitlin John LLC acquired a new position in shares of Moody’s in the 3rd quarter worth $27,000. Ares Financial Consulting LLC acquired a new position in shares of Moody’s in the 4th quarter worth $29,000. Caitong International Asset Management Co. Ltd acquired a new position in shares of Moody’s in the 3rd quarter worth $30,000. Finally, Wealth Watch Advisors INC acquired a new position in shares of Moody’s in the 3rd quarter worth $32,000. 92.11% of the stock is currently owned by institutional investors and hedge funds.

Moody’s Stock Down 1.1%

Moody’s stock opened at $448.59 on Thursday. The firm’s 50 day moving average price is $446.40 and its two-hundred day moving average price is $470.59. The company has a debt-to-equity ratio of 2.03, a quick ratio of 1.16 and a current ratio of 1.16. Moody’s Corporation has a twelve month low of $402.28 and a twelve month high of $546.88. The firm has a market cap of $78.37 billion, a PE ratio of 32.16, a P/E/G ratio of 2.44 and a beta of 1.35.

Moody’s (NYSE:MCO) last posted its quarterly earnings results on Wednesday, April 22nd. The business services provider reported $4.33 EPS for the quarter, beating 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 business had revenue of $2.08 billion for the quarter, compared to analysts’ expectations of $2.11 billion. During the same period in the previous year, the company posted $3.83 EPS. Moody’s’s revenue 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, research analysts predict that Moody’s Corporation will post 16.69 EPS for the current fiscal year.

Moody’s Dividend Announcement

The business also recently declared a quarterly dividend, which will be paid on Friday, June 5th. Stockholders of record on Friday, May 15th will be issued a dividend of $1.03 per share. This represents a $4.12 annualized dividend and a dividend yield of 0.9%. The ex-dividend date is Friday, May 15th. Moody’s’s payout ratio is currently 29.53%.

Wall Street Analysts Forecast Growth

A number of brokerages recently issued reports on MCO. Wall Street Zen cut Moody’s from a “buy” rating to a “hold” rating in a report on Saturday, March 21st. Weiss Ratings cut shares of Moody’s from a “buy (b-)” rating to a “hold (c+)” rating in a research report on Monday, April 27th. Evercore reiterated an “outperform” rating and set a $610.00 price objective on shares of Moody’s in a research report on Thursday, February 19th. Wells Fargo & Company lifted their price objective 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. Finally, The Goldman Sachs Group set a $531.00 price objective on shares of Moody’s in a research report on Wednesday, February 18th. One investment analyst has rated the stock with a Strong Buy rating, twelve have issued a Buy rating and six have issued a Hold rating to the company’s stock. According to data from MarketBeat.com, Moody’s presently has a consensus rating of “Moderate Buy” and a consensus target price of $544.29.

Insider Buying and Selling at Moody’s

In other news, CEO Robert Fauber sold 1,467 shares of the business’s stock in a transaction on Friday, May 1st. The shares were sold at an average price of $466.39, for a total transaction of $684,194.13. Following the transaction, the chief executive officer directly owned 75,189 shares in the company, valued at $35,067,397.71. The trade was a 1.91% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is available at this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, 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 transaction, the senior vice president owned 1,985 shares in the company, valued at approximately $900,534.95. This 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. Over the last 90 days, insiders have sold 4,717 shares of company stock worth $2,137,306. 0.14% of the stock is currently owned by corporate insiders.

Trending Headlines about Moody’s

Here are the key news stories impacting Moody’s this week:

• Positive Sentiment: Moody’s will host a June 8 Q&A session focused on its generative AI strategy, including partnerships and product innovation. That could reassure investors that the company is investing in higher-growth, technology-enabled offerings. Article Title
• Positive Sentiment: Analysts remain moderately optimistic on MCO, with a consensus “Moderate Buy” rating and price targets above the current share price, which may help support the stock. Article Title
• Neutral Sentiment: Moody’s chief economist warning that a potential Iran war could cost U.S. households about $100 billion is more of a macro commentary than a direct company-specific catalyst, so its stock impact is unclear. Article Title
• Negative Sentiment: Recent insider sales by CEO Robert Fauber and SVP Richard Steele may create a modest negative signal, even though both transactions were made under pre-arranged 10b5-1 plans. Article Title
• Negative Sentiment: Moody’s has lagged the broader broker-dealers and securities exchanges group over the past year, and that relative underperformance may be keeping some investors cautious. Article Title

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.