Moody’s Corporation $MCO Shares Sold by Corient Private Wealth LLC

Corient Private Wealth LLC reduced its holdings in Moody’s Corporation (NYSE:MCO) by 35.5% during the fourth quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 46,557 shares of the business services provider’s stock after selling 25,596 shares during the quarter. Corient Private Wealth LLC’s holdings in Moody’s were worth $23,891,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also added to or reduced their stakes in the business. Vanguard Group Inc. increased its holdings in shares of Moody’s by 0.7% in the fourth quarter. Vanguard Group Inc. now owns 15,272,967 shares of the business services provider’s stock valued at $7,802,195,000 after buying an additional 102,682 shares in the last quarter. Geode Capital Management LLC boosted its stake in shares of Moody’s by 1.1% during the 4th quarter. Geode Capital Management LLC now owns 3,965,480 shares of the business services provider’s stock worth $2,019,551,000 after acquiring an additional 42,966 shares in the last quarter. PineStone Asset Management Inc. boosted its stake in shares of Moody’s by 4.9% during the 4th quarter. PineStone Asset Management Inc. now owns 2,375,768 shares of the business services provider’s stock worth $1,213,661,000 after acquiring an additional 111,725 shares in the last quarter. Morgan Stanley grew its holdings in shares of Moody’s by 2.7% in the 4th quarter. Morgan Stanley now owns 2,370,601 shares of the business services provider’s stock worth $1,211,023,000 after acquiring an additional 62,798 shares during the last quarter. Finally, Norges Bank acquired a new position in shares of Moody’s in the 4th quarter worth $1,097,101,000. 92.11% of the stock is owned by institutional investors and hedge funds.

Insiders Place Their Bets

In related news, SVP Richard G. Steele sold 158 shares of the business’s stock in a transaction dated Monday, June 1st. The stock was sold at an average price of $453.67, for a total transaction of $71,679.86. Following the completion of the transaction, the senior vice president owned 1,985 shares of the company’s stock, valued at approximately $900,534.95. The trade was a 7.37% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, CEO Robert Fauber sold 1,467 shares of the stock in a transaction that occurred on Friday, May 1st. The shares were sold at an average price of $466.39, for a total value of $684,194.13. Following the sale, the chief executive officer owned 75,189 shares of the company’s stock, valued at approximately $35,067,397.71. The trade was a 1.91% decrease in their position. The SEC filing for this sale provides additional information. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders sold a total of 4,717 shares of company stock worth $2,137,306 over the last quarter. 0.14% of the stock is currently owned by company insiders.

Moody’s Price Performance

Shares of NYSE:MCO opened at $447.63 on Tuesday. The stock has a market capitalization of $78.20 billion, a P/E ratio of 32.09, a P/E/G ratio of 2.43 and a beta of 1.35. The business has a 50-day moving average of $450.28 and a two-hundred day moving average of $467.85. Moody’s Corporation has a fifty-two week low of $402.28 and a fifty-two week high of $546.88. The company has a debt-to-equity ratio of 2.03, a current ratio of 1.16 and a quick ratio of 1.16.

Moody’s (NYSE:MCO) last issued its quarterly earnings data on Wednesday, April 22nd. The business services provider reported $4.33 earnings per share for the quarter, beating analysts’ consensus estimates of $4.22 by $0.11. Moody’s had a return on equity of 70.97% and a net margin of 31.69%.The business had revenue of $2.08 billion for the quarter, compared to the consensus estimate of $2.11 billion. During the same period last year, the business earned $3.83 EPS. The firm’s revenue was up 8.1% compared to the same quarter last year. Moody’s has set its FY 2026 guidance at 16.400-17.000 EPS. On average, equities research analysts predict that Moody’s Corporation will post 16.69 EPS for the current fiscal year.

Moody’s Dividend Announcement

The company also recently disclosed a quarterly dividend, which was paid on Friday, June 5th. Investors of record on Friday, May 15th were 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 of this dividend was Friday, May 15th. Moody’s’s dividend payout ratio is currently 29.53%.

Analysts Set New Price Targets

MCO has been the subject of several analyst reports. Bank of America reaffirmed a “buy” rating and set a $565.00 target price on shares of Moody’s in a report on Wednesday, April 22nd. Morgan Stanley dropped their price target on Moody’s from $526.00 to $489.00 and set an “equal weight” rating on the stock in a research note on Tuesday, April 7th. BMO Capital Markets restated a “market perform” rating on shares of Moody’s in a report on Tuesday, May 26th. Rothschild & Co Redburn set a $500.00 price objective on shares of Moody’s in a research note on Thursday. Finally, Wells Fargo & Company raised their target price on shares of Moody’s from $560.00 to $590.00 and gave the stock an “overweight” rating in a report on Thursday, April 23rd. One investment analyst has rated the stock with a Strong Buy rating, twelve have assigned a Buy rating and six have given a Hold rating to the company. Based on data from MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and a consensus price target of $541.83.

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.