Bessemer Group Inc. Increases Stock Position in Moody’s Corporation $MCO

Bessemer Group Inc. boosted its holdings in Moody’s Corporation (NYSE:MCO) by 28.2% in the first quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 15,474 shares of the business services provider’s stock after buying an additional 3,407 shares during the period. Bessemer Group Inc.’s holdings in Moody’s were worth $6,751,000 as of its most recent filing with the Securities and Exchange Commission.

Other hedge funds and other institutional investors have also bought and sold shares of the company. Qsemble Capital Management LP grew its position in shares of Moody’s by 78.3% in the fourth quarter. Qsemble Capital Management LP now owns 5,703 shares of the business services provider’s stock valued at $2,913,000 after purchasing an additional 2,505 shares in the last quarter. Norges Bank purchased a new stake in Moody’s during the 4th quarter worth about $1,097,101,000. Assenagon Asset Management S.A. boosted its stake in Moody’s by 28.3% in the 4th quarter. Assenagon Asset Management S.A. now owns 218,843 shares of the business services provider’s stock worth $111,796,000 after purchasing an additional 48,240 shares during the period. LBP AM SA boosted its stake in Moody’s by 5,179.4% in the 4th quarter. LBP AM SA now owns 38,751 shares of the business services provider’s stock worth $19,796,000 after purchasing an additional 38,017 shares during the period. Finally, National Pension Service grew its holdings in Moody’s by 38.7% during the 4th quarter. National Pension Service now owns 514,377 shares of the business services provider’s stock valued at $262,769,000 after buying an additional 143,515 shares in the last quarter. Institutional investors own 92.11% of the company’s stock.

Wall Street Analyst Weigh In

Several equities research analysts have recently weighed in on MCO shares. Morgan Stanley upped their price target on Moody’s from $491.00 to $496.00 and gave the company an “equal weight” rating in a research report on Tuesday, July 7th. BMO Capital Markets boosted their price objective on shares of Moody’s from $489.00 to $515.00 and gave the company a “market perform” rating in a research note on Tuesday, July 7th. Wells Fargo & Company boosted their price objective on shares of Moody’s from $560.00 to $590.00 and gave the company an “overweight” rating in a research note on Thursday, April 23rd. Weiss Ratings upgraded shares of Moody’s from a “hold (c+)” rating to a “buy (b-)” rating in a research note on Wednesday. Finally, Wolfe Research reissued an “outperform” rating and issued a $535.00 price target on shares of Moody’s in a report on Thursday, April 23rd. One equities research analyst has rated the stock with a Strong Buy rating, fourteen have issued a Buy rating and five have assigned a Hold rating to the company’s stock. According to data from MarketBeat, the company presently has a consensus rating of “Moderate Buy” and a consensus price target of $548.47.

Moody’s Stock Performance

NYSE:MCO opened at $511.14 on Monday. The stock has a market cap of $89.30 billion, a P/E ratio of 36.64, a PEG ratio of 2.62 and a beta of 1.34. The company has a quick ratio of 1.16, a current ratio of 1.16 and a debt-to-equity ratio of 2.03. The business’s 50-day moving average price is $460.53 and its two-hundred day moving average price is $465.32. Moody’s Corporation has a twelve month low of $402.28 and a twelve month high of $546.88.

Moody’s (NYSE:MCO) last issued its quarterly earnings data on Wednesday, April 22nd. The business services provider reported $4.33 EPS for the quarter, topping the consensus estimate of $4.22 by $0.11. The company had revenue of $2.08 billion during the quarter, compared to analyst estimates of $2.11 billion. Moody’s had a return on equity of 70.97% and a net margin of 31.69%.Moody’s’s revenue was up 8.1% on a year-over-year basis. During the same quarter in the previous year, the firm earned $3.83 earnings per share. Moody’s has set its FY 2026 guidance at 16.400-17.000 EPS. As a group, equities analysts predict that Moody’s Corporation will post 16.71 EPS for the current fiscal year.

Insider Activity at Moody’s

In other Moody’s news, CEO Robert Fauber sold 1,467 shares of the business’s stock in a transaction that occurred on Monday, June 1st. The shares were sold at an average price of $453.67, for a total value 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 filing with the Securities & Exchange Commission, which is available at this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, SVP Richard G. Steele sold 158 shares of the stock in a transaction on 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 directly owned 1,985 shares in the company, valued at $900,534.95. The trade was a 7.37% decrease in their position. 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 quarter, insiders have sold 3,250 shares of company stock valued at $1,495,098. 0.14% of the stock is currently owned by company insiders.

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.