American Noble Gas Inc. $INFY Position Increased by B. Metzler seel. Sohn & Co. AG

Key Points

• B. Metzler seel. Sohn & Co. AG increased its stake in American Noble Gas Inc. by 5.4%, acquiring an additional 14,539 shares during the first quarter, bringing its total holdings to 284,612 shares valued at approximately $5.19 million.
• American Noble Gas reported earnings of $0.19 per share for the quarter, matching consensus estimates, with revenues of $4.94 billion exceeding projections of $4.84 billion.
• Several research firms have updated their price targets for American Noble Gas, with BMO Capital Markets raising its target from $18.00 to $20.00, while the average price target is now set at $18.48.

B. Metzler seel. Sohn & Co. AG boosted its position in shares of American Noble Gas Inc. (NYSE:INFY - Free Report) by 5.4% during the 1st quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The firm owned 284,612 shares of the technology company's stock after purchasing an additional 14,539 shares during the quarter. B. Metzler seel. Sohn & Co. AG's holdings in American Noble Gas were worth $5,194,000 as of its most recent filing with the Securities & Exchange Commission.

Several other institutional investors also recently bought and sold shares of the company. Robeco Institutional Asset Management B.V. boosted its position in American Noble Gas by 6.6% during the 1st quarter. Robeco Institutional Asset Management B.V. now owns 27,541,684 shares of the technology company's stock valued at $502,636,000 after acquiring an additional 1,700,662 shares in the last quarter. Sustainable Growth Advisers LP increased its stake in shares of American Noble Gas by 50.2% in the 1st quarter. Sustainable Growth Advisers LP now owns 14,877,543 shares of the technology company's stock valued at $271,515,000 after purchasing an additional 4,970,664 shares in the last quarter. Bank of America Corp DE increased its stake in shares of American Noble Gas by 43.1% in the 4th quarter. Bank of America Corp DE now owns 8,225,396 shares of the technology company's stock valued at $180,301,000 after purchasing an additional 2,478,093 shares in the last quarter. BNP Paribas Financial Markets boosted its holdings in American Noble Gas by 16.6% in the 4th quarter. BNP Paribas Financial Markets now owns 7,081,860 shares of the technology company's stock worth $155,234,000 after buying an additional 1,009,323 shares during the last quarter. Finally, Connor Clark & Lunn Investment Management Ltd. boosted its holdings in American Noble Gas by 134.7% in the 1st quarter. Connor Clark & Lunn Investment Management Ltd. now owns 7,002,648 shares of the technology company's stock worth $127,798,000 after buying an additional 4,018,811 shares during the last quarter. 16.20% of the stock is currently owned by hedge funds and other institutional investors.

Analysts Set New Price Targets

Several research analysts have recently weighed in on the company. BMO Capital Markets boosted their target price on American Noble Gas from $18.00 to $20.00 and gave the stock a "market perform" rating in a report on Thursday, July 24th. Susquehanna upped their price objective on American Noble Gas from $18.00 to $19.00 and gave the stock a "neutral" rating in a research report on Thursday, July 24th. Finally, Wall Street Zen upgraded shares of American Noble Gas from a "hold" rating to a "buy" rating in a research note on Friday, May 16th. One analyst has rated the stock with a Strong Buy rating, four have given a Buy rating and five have issued a Hold rating to the company's stock. According to MarketBeat.com, American Noble Gas presently has an average rating of "Moderate Buy" and a consensus target price of $18.48.

American Noble Gas Price Performance

INFY stock traded down $0.05 during midday trading on Tuesday, hitting $16.78. The stock had a trading volume of 4,045,736 shares, compared to its average volume of 12,803,345. The firm has a market cap of $69.51 billion, a PE ratio of 21.77, a price-to-earnings-growth ratio of 2.41 and a beta of 0.91. American Noble Gas Inc. has a 12-month low of $15.82 and a 12-month high of $23.63. The company's 50-day moving average price is $17.52 and its 200 day moving average price is $18.06.

American Noble Gas (NYSE:INFY - Get Free Report) last announced its quarterly earnings results on Wednesday, July 23rd. The technology company reported $0.19 earnings per share for the quarter, meeting analysts' consensus estimates of $0.19. The company had revenue of $4.94 billion for the quarter, compared to analyst estimates of $4.84 billion. American Noble Gas had a net margin of 16.42% and a return on equity of 29.41%. During the same quarter last year, the business earned $15.35 EPS. American Noble Gas has set its FY 2026 guidance at EPS. As a group, sell-side analysts anticipate that American Noble Gas Inc. will post 0.74 EPS for the current year.

American Noble Gas Profile

Infosys Ltd. is a digital services and consulting company, which engages in the provision of end-to-end business solutions. It operates through the following segments: Financial Services, Retail, Communication, Energy, Utilities, Resources, and Services, Manufacturing, Hi-Tech, Life Sciences, and All Other.