Sei Investments Co. Acquires 10,574 Shares of Maximus, Inc. $MMS

Sei Investments Co. raised its holdings in Maximus, Inc. (NYSE:MMS) by 12.7% in the first quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 93,826 shares of the health services provider’s stock after acquiring an additional 10,574 shares during the period. Sei Investments Co.’s holdings in Maximus were worth $6,014,000 as of its most recent filing with the Securities and Exchange Commission.

Other hedge funds also recently modified their holdings of the company. Farther Finance Advisors LLC grew its position in shares of Maximus by 69.0% in the 4th quarter. Farther Finance Advisors LLC now owns 284 shares of the health services provider’s stock valued at $25,000 after purchasing an additional 116 shares during the period. Advisory Services Network LLC bought a new position in Maximus in the third quarter valued at approximately $32,000. Canada Pension Plan Investment Board bought a new stake in shares of Maximus during the second quarter worth $35,000. Northwestern Mutual Wealth Management Co. increased its position in shares of Maximus by 225.2% during the fourth quarter. Northwestern Mutual Wealth Management Co. now owns 439 shares of the health services provider’s stock worth $38,000 after acquiring an additional 304 shares in the last quarter. Finally, Richardson Financial Services Inc. raised its holdings in shares of Maximus by 29.6% during the fourth quarter. Richardson Financial Services Inc. now owns 451 shares of the health services provider’s stock worth $39,000 after acquiring an additional 103 shares during the period. Institutional investors and hedge funds own 97.21% of the company’s stock.

Analysts Set New Price Targets

A number of equities analysts recently weighed in on MMS shares. Zacks Research lowered shares of Maximus from a “strong-buy” rating to a “hold” rating in a research note on Monday, April 27th. Weiss Ratings lowered Maximus from a “hold (c)” rating to a “hold (c-)” rating in a report on Wednesday, May 20th. Finally, Wall Street Zen upgraded Maximus from a “hold” rating to a “buy” rating in a report on Saturday, June 6th. Two equities research analysts have rated the stock with a Hold rating, Based on data from MarketBeat, the company presently has a consensus rating of “Hold”.

Maximus Price Performance

NYSE MMS opened at $62.16 on Tuesday. The firm’s 50 day moving average is $58.70 and its 200-day moving average is $68.28. The company has a quick ratio of 2.21, a current ratio of 2.21 and a debt-to-equity ratio of 0.87. The company has a market capitalization of $3.27 billion, a PE ratio of 9.30 and a beta of 0.60. Maximus, Inc. has a 12-month low of $52.73 and a 12-month high of $100.00.

Maximus (NYSE:MMS) last announced its earnings results on Thursday, May 7th. The health services provider reported $2.07 EPS for the quarter, topping the consensus estimate of $1.98 by $0.09. The business had revenue of $1.31 billion during the quarter, compared to analysts’ expectations of $1.32 billion. Maximus had a net margin of 7.02% and a return on equity of 25.10%. The firm’s revenue was down 4.1% on a year-over-year basis. During the same quarter in the prior year, the company posted $2.01 earnings per share. Maximus has set its FY 2026 guidance at 8.250-8.550 EPS. Equities research analysts anticipate that Maximus, Inc. will post 8.43 earnings per share for the current fiscal year.

Maximus Dividend Announcement

The firm also recently disclosed a quarterly dividend, which will be paid on Monday, August 31st. Stockholders of record on Friday, August 14th will be paid a dividend of $0.33 per share. This represents a $1.32 dividend on an annualized basis and a dividend yield of 2.1%. The ex-dividend date is Friday, August 14th. Maximus’s dividend payout ratio is currently 19.76%.

Maximus Company Profile

Maximus, Inc (NYSE: MMS) is a global provider of government services focused on delivering health and human services programs. The company partners with federal, state, and local agencies to administer and manage programs that support individuals and families across various stages of life. Key service areas include eligibility determination and enrollment services for Medicaid, Medicare, Children’s Health Insurance Program (CHIP) and other public assistance programs, as well as call center operations, case management and program integrity solutions.