Moody's Corporation $MCO Shares Sold by TD Waterhouse Canada Inc.

Key Points

• TD Waterhouse Canada reduced its Moody’s stake by 14.2% in the second quarter, selling 3,264 shares and retaining 19,739 shares valued at approximately $9.24 million. Institutional investors and hedge funds collectively own 92.11% of Moody’s stock.
• Moody’s reported quarterly earnings of $4.68 per share, exceeding estimates of $4.26, while revenue rose 15.1% year over year to $2.19 billion. The company provided fiscal 2026 EPS guidance of $16.50 to $17.00.
• Shares opened at $493.26, down 2.2%, while analysts maintain a “Moderate Buy” consensus rating with an average price target of $553.61. Moody’s also pays a quarterly dividend of $1.03, equivalent to a 0.8% annualized yield.

TD Waterhouse Canada Inc. lessened its stake in shares of Moody's Corporation (NYSE:MCO - Free Report) by 14.2% in the second quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 19,739 shares of the business services provider's stock after selling 3,264 shares during the quarter. TD Waterhouse Canada Inc.'s holdings in Moody's were worth $9,238,000 as of its most recent filing with the Securities and Exchange Commission.

Other institutional investors have also recently added to or reduced their stakes in the company. Sivia Capital Partners LLC purchased a new position in shares of Moody's during the second quarter valued at approximately $267,000. Federated Hermes Inc. boosted its position in Moody's by 15.5% during the second quarter. Federated Hermes Inc. now owns 10,916 shares of the business services provider's stock worth $5,475,000 after acquiring an additional 1,461 shares during the last quarter. NewEdge Advisors LLC grew its stake in Moody's by 6.2% in the 2nd quarter. NewEdge Advisors LLC now owns 1,468 shares of the business services provider's stock worth $736,000 after acquiring an additional 86 shares during the period. CIBC Asset Management Inc raised its holdings in Moody's by 3.8% in the 2nd quarter. CIBC Asset Management Inc now owns 25,303 shares of the business services provider's stock valued at $12,692,000 after acquiring an additional 929 shares during the last quarter. Finally, Treasurer of the State of North Carolina raised its holdings in Moody's by 0.4% in the 2nd quarter. Treasurer of the State of North Carolina now owns 72,615 shares of the business services provider's stock valued at $36,423,000 after acquiring an additional 280 shares during the last quarter. Institutional investors and hedge funds own 92.11% of the company's stock.

Moody's Stock Down 2.2%

Shares of NYSE MCO opened at $493.26 on Friday. The stock has a market capitalization of $85.43 billion, a PE ratio of 31.28, a P/E/G ratio of 2.58 and a beta of 1.34. The company has a quick ratio of 1.19, a current ratio of 1.19 and a debt-to-equity ratio of 2.01. The firm has a fifty day moving average of $489.95 and a 200-day moving average of $462.63. Moody's Corporation has a 52-week low of $402.28 and a 52-week high of $546.88.

Moody's (NYSE:MCO - Get Free Report) last issued its earnings results on Wednesday, July 22nd. The business services provider reported $4.68 earnings per share for the quarter, topping the consensus estimate of $4.26 by $0.42. Moody's had a return on equity of 80.35% and a net margin of 34.25%.The business had revenue of $2.19 billion for the quarter, compared to analyst estimates of $2.09 billion. During the same period last year, the company posted $3.56 EPS. The business's quarterly revenue was up 15.1% on a year-over-year basis. Moody's has set its FY 2026 guidance at 16.500-17.000 EPS. On average, analysts anticipate that Moody's Corporation will post 16.89 EPS for the current year.

Moody's Dividend Announcement

The company also recently disclosed a quarterly dividend, which was paid on Friday, September 4th. Stockholders of record on Friday, August 14th were paid a $1.03 dividend. This represents a $4.12 annualized dividend and a dividend yield of 0.8%. The ex-dividend date of this dividend was Friday, August 14th. Moody's's payout ratio is currently 26.13%.

Insider Buying and Selling at Moody's

In other news, CEO Robert Fauber sold 1,467 shares of the business's stock in a transaction dated Monday, August 3rd. The stock was sold at an average price of $484.30, for a total transaction of $710,468.10. Following the completion of the sale, the chief executive officer owned 51,964 shares in the company, valued at approximately $25,166,165.20. The trade was a 2.75% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. 0.14% of the stock is owned by corporate insiders.

Wall Street Analyst Weigh In

Several equities research analysts have recently issued reports on MCO shares. Citigroup restated a "buy" rating on shares of Moody's in a report on Wednesday, July 29th. Barclays upped their target price on Moody's from $550.00 to $575.00 and gave the company an "overweight" rating in a research note on Friday, July 10th. Rothschild & Co Redburn set a $500.00 price target on Moody's in a research note on Thursday, June 18th. UBS Group restated a "neutral" rating and issued a $505.00 price target on shares of Moody's in a report on Thursday, July 23rd. Finally, BMO Capital Markets upped their price objective on shares of Moody's from $489.00 to $515.00 and gave the company a "market perform" rating in a research note on Tuesday, July 7th. One research analyst has rated the stock with a Strong Buy rating, fourteen have given a Buy rating and five have given a Hold rating to the company's stock. According to data from MarketBeat.com, the company presently has an average rating of "Moderate Buy" and an average price target of $553.61.

Moody's Company 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.

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