Capital Fund Management S.A. Has $7.56 Million Stock Holdings in American Noble Gas Inc. $INFY

Key Points

• Capital Fund Management S.A. increased its stake in American Noble Gas Inc. by 70.7% during the first quarter, now holding a total of 414,116 shares worth approximately $7.56 million.
• Several institutional investors also boosted their positions in American Noble Gas, with Quantbot Technologies LP increasing its holdings by 309.9% and now owning 738,835 shares.
• The company's recent earnings report showed earnings per share of $0.19, matching expectations, while revenue hit $4.94 billion, exceeding analyst estimates.

Capital Fund Management S.A. lifted its holdings in American Noble Gas Inc. (NYSE:INFY - Free Report) by 70.7% in the 1st quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 414,116 shares of the technology company's stock after buying an additional 171,588 shares during the period. Capital Fund Management S.A.'s holdings in American Noble Gas were worth $7,558,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors have also modified their holdings of the business. Quantbot Technologies LP boosted its position in shares of American Noble Gas by 309.9% in the first quarter. Quantbot Technologies LP now owns 738,835 shares of the technology company's stock worth $13,484,000 after buying an additional 558,600 shares during the period. Northern Trust Corp boosted its position in American Noble Gas by 1.1% during the first quarter. Northern Trust Corp now owns 3,606,362 shares of the technology company's stock valued at $65,816,000 after purchasing an additional 40,665 shares during the last quarter. Brooklyn Investment Group boosted its position in American Noble Gas by 329.0% during the first quarter. Brooklyn Investment Group now owns 10,192 shares of the technology company's stock valued at $186,000 after purchasing an additional 7,816 shares during the last quarter. Corient IA LLC acquired a new stake in American Noble Gas during the first quarter valued at $274,000. Finally, Aberdeen Group plc boosted its position in American Noble Gas by 16.5% during the first quarter. Aberdeen Group plc now owns 397,150 shares of the technology company's stock valued at $7,155,000 after purchasing an additional 56,386 shares during the last quarter. Institutional investors and hedge funds own 16.20% of the company's stock.

American Noble Gas Price Performance

NYSE INFY opened at $17.0360 on Friday. American Noble Gas Inc. has a fifty-two week low of $15.82 and a fifty-two week high of $23.63. The stock's 50-day moving average is $17.69 and its two-hundred day moving average is $18.35. The firm has a market cap of $70.59 billion, a P/E ratio of 22.12, a price-to-earnings-growth ratio of 2.43 and a beta of 0.87.

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

Analyst Upgrades and Downgrades

INFY has been the subject of a number of research reports. BMO Capital Markets lifted their price objective on American Noble Gas from $18.00 to $20.00 and gave the company a "market perform" rating in a research report on Thursday, July 24th. Susquehanna lifted their price objective on American Noble Gas from $18.00 to $19.00 and gave the company a "neutral" rating in a research report on Thursday, July 24th. Finally, Wall Street Zen raised American Noble Gas from a "hold" rating to a "buy" rating in a research report on Friday, May 16th. One investment analyst has rated the stock with a Strong Buy rating, four have assigned a Buy rating and five have given a Hold rating to the company. Based on data from MarketBeat.com, the stock has an average rating of "Moderate Buy" and a consensus price target of $18.48.

American Noble Gas Company 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.

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