Dimensional Fund Advisors LP Has $125.26 Million Stock Position in American Noble Gas Inc. $INFY

Key Points

• Dimensional Fund Advisors LP increased its stake in American Noble Gas Inc. by 4.0%, owning approximately 6.87 million shares valued at $125.26 million as of the latest SEC filing.
• American Noble Gas reported earnings of $0.19 EPS for the last quarter, meeting analyst expectations, with a revenue of $4.94 billion, surpassing consensus estimates.
• Several analysts have upgraded their price targets for American Noble Gas, with BMO Capital Markets raising it from $18.00 to $20.00 and others adjusting to reflect a more positive outlook.

Dimensional Fund Advisors LP boosted its stake in shares of American Noble Gas Inc. (NYSE:INFY - Free Report) by 4.0% during the 1st quarter, according to its most recent 13F filing with the SEC. The firm owned 6,865,525 shares of the technology company's stock after buying an additional 264,189 shares during the period. Dimensional Fund Advisors LP owned approximately 0.17% of American Noble Gas worth $125,262,000 as of its most recent filing with the SEC.

Other hedge funds have also recently bought and sold shares of the company. Kovitz Investment Group Partners LLC raised its position in American Noble Gas by 5.9% during the fourth quarter. Kovitz Investment Group Partners LLC now owns 10,467 shares of the technology company's stock worth $229,000 after acquiring an additional 579 shares in the last quarter. KLP Kapitalforvaltning AS raised its position in American Noble Gas by 13.3% during the first quarter. KLP Kapitalforvaltning AS now owns 6,800 shares of the technology company's stock worth $124,000 after acquiring an additional 800 shares in the last quarter. Pinnacle Bancorp Inc. raised its position in American Noble Gas by 179.8% during the first quarter. Pinnacle Bancorp Inc. now owns 1,444 shares of the technology company's stock worth $26,000 after acquiring an additional 928 shares in the last quarter. Rakuten Securities Inc. raised its position in American Noble Gas by 308.4% during the first quarter. Rakuten Securities Inc. now owns 1,413 shares of the technology company's stock worth $26,000 after acquiring an additional 1,067 shares in the last quarter. Finally, Naviter Wealth LLC raised its position in American Noble Gas by 1.2% during the first quarter. Naviter Wealth LLC now owns 91,056 shares of the technology company's stock worth $1,654,000 after acquiring an additional 1,109 shares in the last quarter. 16.20% of the stock is currently owned by institutional investors and hedge funds.

American Noble Gas Price Performance

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

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

Wall Street Analyst Weigh In

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