Addison Capital Co Takes $676,000 Position in Moody’s Corporation $MCO

Addison Capital Co bought a new position in shares of Moody’s Corporation (NYSE:MCO) during the first quarter, according to its most recent Form 13F filing with the SEC. The fund bought 1,550 shares of the business services provider’s stock, valued at approximately $676,000.

A number of other large investors have also added to or reduced their stakes in MCO. Newbridge Financial Services Group Inc. acquired a new stake in Moody’s during the 2nd quarter valued at $25,000. Birchwood Financial Partners Inc. acquired a new position in shares of Moody’s in the fourth quarter valued at $26,000. Nalls Sherbakoff Group LLC bought a new position in shares of Moody’s in the fourth quarter valued at about $27,000. Ares Financial Consulting LLC bought a new position in shares of Moody’s in the fourth quarter valued at about $29,000. Finally, Caitong International Asset Management Co. Ltd acquired a new stake in shares of Moody’s during the 3rd quarter worth about $30,000. Institutional investors own 92.11% of the company’s stock.

Moody’s Stock Performance

NYSE MCO opened at $485.46 on Thursday. The firm has a 50-day moving average price of $454.39 and a two-hundred day moving average price of $466.04. Moody’s Corporation has a 12-month low of $402.28 and a 12-month high of $546.88. The company has a market capitalization of $84.81 billion, a P/E ratio of 34.80, a P/E/G ratio of 2.69 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.

Moody’s (NYSE:MCO) last announced its earnings results 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. Moody’s had a net margin of 31.69% and a return on equity of 70.97%. The company had revenue of $2.08 billion for the quarter, compared to analysts’ expectations of $2.11 billion. During the same period last year, the firm earned $3.83 earnings per share. The business’s revenue for the quarter was up 8.1% on a year-over-year basis. Moody’s has set its FY 2026 guidance at 16.400-17.000 EPS. Analysts anticipate that Moody’s Corporation will post 16.69 earnings per share for the current year.

Moody’s Announces Dividend

The business also recently disclosed a quarterly dividend, which was paid on Friday, June 5th. Shareholders of record on Friday, May 15th were paid a dividend of $1.03 per share. This represents a $4.12 dividend on an annualized basis and a yield of 0.8%. The ex-dividend date was Friday, May 15th. Moody’s’s dividend payout ratio (DPR) is 29.53%.

Insider Buying and Selling at Moody’s

In other Moody’s news, SVP Richard G. Steele sold 158 shares of Moody’s stock in a transaction on Monday, June 1st. The stock was sold at an average price of $453.67, for a total value of $71,679.86. Following the completion of the transaction, the senior vice president directly owned 1,985 shares of the company’s stock, valued at $900,534.95. The trade was a 7.37% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, CEO Robert Fauber sold 1,467 shares of the company’s stock in a transaction 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 ownership of the stock. 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 3,250 shares of company stock valued at $1,495,098 over the last ninety days. Insiders own 0.14% of the company’s stock.

Analysts Set New Price Targets

A number of research analysts recently commented on the stock. Mizuho decreased their price target on shares of Moody’s from $524.00 to $521.00 and set a “neutral” rating on the stock in a research note on Tuesday, April 28th. Weiss Ratings downgraded shares of Moody’s from a “buy (b-)” rating to a “hold (c+)” rating in a research report on Monday, April 27th. Bank of America restated a “buy” rating and set a $565.00 price objective on shares of Moody’s in a report on Wednesday, April 22nd. Wolfe Research reaffirmed an “outperform” rating and issued a $535.00 target price on shares of Moody’s in a research report on Thursday, April 23rd. Finally, BMO Capital Markets increased their target price on Moody’s from $489.00 to $515.00 and gave the stock a “market perform” rating in a research note on Tuesday. One analyst has rated the stock with a Strong Buy rating, twelve have issued a Buy rating and six have given a Hold rating to the company. Based on data from MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy” and an average price target of $543.67.

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.