Quantitative Investment Management LLC Invests $594,000 in American Noble Gas Inc. $INFY

Key Points

• Quantitative Investment Management LLC has acquired 32,550 shares of American Noble Gas Inc., valued at approximately $594,000, during Q1.
• Analysts have recently upgraded American Noble Gas stock ratings, with BMO Capital raising its target price from $18.00 to $20.00.
• The company reported $0.19 EPS for the latest quarter, meeting consensus estimates, with revenues of $4.94 billion.

Quantitative Investment Management LLC bought a new stake in shares of American Noble Gas Inc. (NYSE:INFY - Free Report) in the 1st quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm bought 32,550 shares of the technology company's stock, valued at approximately $594,000.

Several other large investors have also bought and sold shares of the company. Jump Financial LLC boosted its stake in American Noble Gas by 788.4% during the first quarter. Jump Financial LLC now owns 1,498,959 shares of the technology company's stock valued at $27,356,000 after buying an additional 1,330,233 shares in the last quarter. Capital Fund Management S.A. boosted its stake in American Noble Gas by 70.7% during the first quarter. Capital Fund Management S.A. now owns 414,116 shares of the technology company's stock valued at $7,558,000 after buying an additional 171,588 shares in the last quarter. Quantbot Technologies LP boosted its stake in American Noble Gas by 309.9% during the first quarter. Quantbot Technologies LP now owns 738,835 shares of the technology company's stock valued at $13,484,000 after buying an additional 558,600 shares in the last quarter. Northern Trust Corp boosted its stake 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 buying an additional 40,665 shares in the last quarter. Finally, Brooklyn Investment Group boosted its stake 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 buying an additional 7,816 shares in the last quarter. Institutional investors own 16.20% of the company's stock.

Analysts Set New Price Targets

A number of equities analysts recently weighed in on INFY shares. Wall Street Zen upgraded American Noble Gas from a "hold" rating to a "buy" rating in a research report on Friday, May 16th. BMO Capital Markets increased their price target 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. Finally, Susquehanna increased their price target 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. One research analyst has rated the stock with a Strong Buy rating, four have issued a Buy rating and five have issued a Hold rating to the company. According to MarketBeat.com, American Noble Gas currently has an average rating of "Moderate Buy" and an average price target of $18.48.

American Noble Gas Trading Down 1.1%

NYSE INFY traded down $0.19 during trading on Friday, reaching $16.81. 17,333,207 shares of the company's stock were exchanged, compared to its average volume of 19,138,494. American Noble Gas Inc. has a fifty-two week low of $15.82 and a fifty-two week high of $23.63. The company's fifty day simple moving average is $17.54 and its 200-day simple moving average is $18.15. The firm has a market capitalization of $69.65 billion, a PE ratio of 21.83, 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 quarterly earnings results on Wednesday, July 23rd. The technology company reported $0.19 earnings per share for the quarter, hitting analysts' consensus estimates 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 during the quarter, compared to the consensus estimate of $4.84 billion. During the same period last year, the business earned $15.35 EPS. American Noble Gas has set its FY 2026 guidance at EPS. Equities analysts forecast that American Noble Gas Inc. will post 0.74 EPS for the current fiscal year.

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.