SG Americas Securities LLC Raises Stake in Maximus, Inc. $MMS

SG Americas Securities LLC boosted its holdings in Maximus, Inc. (NYSE:MMS) by 351.9% during the first quarter, according to the company in its most recent disclosure with the SEC. The firm owned 72,764 shares of the health services provider’s stock after purchasing an additional 56,661 shares during the quarter. SG Americas Securities LLC owned about 0.13% of Maximus worth $4,664,000 at the end of the most recent quarter.

Other institutional investors and hedge funds have also made changes to their positions in the company. Farther Finance Advisors LLC raised its holdings in Maximus by 69.0% in the fourth quarter. Farther Finance Advisors LLC now owns 284 shares of the health services provider’s stock worth $25,000 after buying an additional 116 shares during the last quarter. Advisory Services Network LLC bought a new stake in shares of Maximus during the third quarter valued at approximately $32,000. Canada Pension Plan Investment Board purchased a new position in Maximus in the 2nd quarter worth approximately $35,000. Northwestern Mutual Wealth Management Co. boosted its stake in Maximus by 225.2% during the 4th quarter. Northwestern Mutual Wealth Management Co. now owns 439 shares of the health services provider’s stock valued at $38,000 after purchasing an additional 304 shares during the last quarter. Finally, Richardson Financial Services Inc. increased its holdings in shares of Maximus by 29.6% in the 4th quarter. Richardson Financial Services Inc. now owns 451 shares of the health services provider’s stock worth $39,000 after purchasing an additional 103 shares in the last quarter. Institutional investors own 97.21% of the company’s stock.

Maximus Price Performance

NYSE MMS opened at $54.40 on Tuesday. The business’s fifty day moving average price is $61.46 and its 200-day moving average price is $73.65. The stock has a market capitalization of $2.86 billion, a price-to-earnings ratio of 8.14 and a beta of 0.58. The company has a debt-to-equity ratio of 0.87, a current ratio of 2.21 and a quick ratio of 2.21. Maximus, Inc. has a 1-year low of $53.40 and a 1-year high of $100.00.

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

Maximus Announces Dividend

The firm also recently declared a quarterly dividend, which was paid on Monday, June 1st. Shareholders of record on Friday, May 15th were given a $0.33 dividend. The ex-dividend date was Friday, May 15th. This represents a $1.32 annualized dividend and a yield of 2.4%. Maximus’s dividend payout ratio (DPR) is presently 19.76%.

Analyst Ratings Changes

MMS has been the topic of a number of research analyst reports. Weiss Ratings downgraded Maximus from a “hold (c)” rating to a “hold (c-)” rating in a report on Wednesday, May 20th. Wall Street Zen raised Maximus from a “hold” rating to a “buy” rating in a research report on Saturday, June 6th. Finally, Zacks Research cut shares of Maximus from a “strong-buy” rating to a “hold” rating in a research note on Monday, April 27th. Two research analysts have rated the stock with a Hold rating, According to data from MarketBeat.com, the company presently has a consensus rating of “Hold”.

Maximus 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.