Qtron Investments LLC Has $790,000 Stock Position in American Noble Gas Inc. $INFY

Key Points

• Qtron Investments LLC reduced its holdings in American Noble Gas Inc. by **32.3%**, following the sale of **20,685 shares**, leaving them with **43,314 shares** valued at **$790,000** at the end of Q1.
• Several institutional investors have increased their positions in American Noble Gas, with Rakuten Securities Inc. raising its stake by **308.4%** during the same period.
• Analysts have varied opinions on the stock, with ratings ranging from **"hold"** to **"strong buy,"** and a consensus target price of **$18.48**.

Qtron Investments LLC reduced its position in shares of American Noble Gas Inc. (NYSE:INFY - Free Report) by 32.3% in the first quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor owned 43,314 shares of the technology company's stock after selling 20,685 shares during the quarter. Qtron Investments LLC's holdings in American Noble Gas were worth $790,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds have also recently added to or reduced their stakes in INFY. Rakuten Securities Inc. grew its holdings 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 during the period. Pinnacle Bancorp Inc. raised its position in shares of 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 purchasing an additional 928 shares during the period. Wayfinding Financial LLC purchased a new stake in American Noble Gas during the first quarter valued at about $32,000. Cullen Frost Bankers Inc. purchased a new position in shares of American Noble Gas in the first quarter worth approximately $57,000. Finally, Banque Cantonale Vaudoise acquired a new position in American Noble Gas in the 1st quarter worth approximately $86,000. 16.20% of the stock is owned by institutional investors.

American Noble Gas Price Performance

Shares of INFY stock traded up $0.2690 on Friday, hitting $17.3190. The company's stock had a trading volume of 33,951,236 shares, compared to its average volume of 12,713,719. American Noble Gas Inc. has a fifty-two week low of $15.82 and a fifty-two week high of $23.63. The firm's fifty day moving average price is $17.69 and its 200-day moving average price is $18.35. The stock has a market capitalization of $71.76 billion, a price-to-earnings ratio of 22.49, a P/E/G 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, hitting 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 firm had revenue of $4.94 billion during the quarter, compared to analyst estimates of $4.84 billion. During the same period in the previous year, the company earned $15.35 EPS. American Noble Gas has set its FY 2026 guidance at EPS. Analysts predict that American Noble Gas Inc. will post 0.74 EPS for the current fiscal year.

Wall Street Analysts Forecast Growth

A number of equities analysts recently commented on INFY shares. Wall Street Zen raised shares of American Noble Gas from a "hold" rating to a "buy" rating in a research note on Friday, May 16th. BMO Capital Markets raised their price objective on 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. Finally, Susquehanna raised 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. One equities research analyst has rated the stock with a Strong Buy rating, four have given a Buy rating and five have assigned a Hold rating to the stock. According to MarketBeat.com, the company has a consensus rating of "Moderate Buy" and a consensus price target of $18.48.

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.