Tema Etfs LLC Purchases 3,800 Shares of Moody's Corporation $MCO

Key Points

• Tema Etfs LLC increased its position in Moody's Corporation by 145.5%, acquiring a total of 6,411 shares valued at approximately $2.986 million.
• Several analysts have raised their target prices for Moody's stock, with estimates now ranging from $532 to $595, indicating a positive outlook.
• Moody's recently reported earnings surpassing expectations with a net margin of 29.18% and estimated a full-year EPS of 13.95 for 2025.

Tema Etfs LLC boosted its stake in shares of Moody's Corporation (NYSE:MCO - Free Report) by 145.5% in the first quarter, according to its most recent disclosure with the Securities & Exchange Commission. The firm owned 6,411 shares of the business services provider's stock after purchasing an additional 3,800 shares during the quarter. Tema Etfs LLC's holdings in Moody's were worth $2,986,000 at the end of the most recent quarter.

A number of other large investors have also recently added to or reduced their stakes in the stock. Vanguard Group Inc. boosted its position in Moody's by 0.8% during the first quarter. Vanguard Group Inc. now owns 14,815,629 shares of the business services provider's stock worth $6,899,490,000 after purchasing an additional 119,548 shares during the period. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC boosted its position in Moody's by 16.1% during the fourth quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC now owns 1,590,679 shares of the business services provider's stock worth $752,980,000 after purchasing an additional 220,681 shares during the period. Massachusetts Financial Services Co. MA boosted its position in Moody's by 9.7% during the first quarter. Massachusetts Financial Services Co. MA now owns 1,586,672 shares of the business services provider's stock worth $738,897,000 after purchasing an additional 140,128 shares during the period. Goldman Sachs Group Inc. boosted its position in Moody's by 21.0% during the first quarter. Goldman Sachs Group Inc. now owns 1,530,582 shares of the business services provider's stock worth $712,777,000 after purchasing an additional 265,389 shares during the period. Finally, Valley Forge Capital Management LP boosted its position in Moody's by 2.0% during the fourth quarter. Valley Forge Capital Management LP now owns 1,314,144 shares of the business services provider's stock worth $622,076,000 after purchasing an additional 25,700 shares during the period. Institutional investors own 92.11% of the company's stock.

Moody's Price Performance

Moody's stock traded up $0.36 during mid-day trading on Friday, hitting $509.79. 483,603 shares of the company were exchanged, compared to its average volume of 614,226. The company has a quick ratio of 1.75, a current ratio of 1.75 and a debt-to-equity ratio of 1.70. The business has a fifty day moving average of $506.17 and a 200 day moving average of $480.20. Moody's Corporation has a 1-year low of $378.71 and a 1-year high of $531.93. The company has a market capitalization of $91.25 billion, a PE ratio of 43.31, a price-to-earnings-growth ratio of 3.26 and a beta of 1.40.

Moody's (NYSE:MCO - Get Free Report) last released its quarterly earnings data on Wednesday, July 23rd. The business services provider reported $3.56 earnings per share (EPS) for the quarter, topping the consensus estimate of $3.39 by $0.17. The firm had revenue of $1.90 billion during the quarter, compared to analyst estimates of $1.82 billion. Moody's had a return on equity of 60.73% and a net margin of 29.18%.The business's revenue for the quarter was up 4.5% compared to the same quarter last year. During the same period in the prior year, the company posted $3.28 earnings per share. Moody's has set its FY 2025 guidance at 13.500-14.000 EPS. As a group, sell-side analysts expect that Moody's Corporation will post 13.95 earnings per share for the current year.

Moody's Announces Dividend

The firm also recently announced a quarterly dividend, which will be paid on Friday, September 5th. Stockholders of record on Friday, August 15th will be issued a dividend of $0.94 per share. This represents a $3.76 annualized dividend and a dividend yield of 0.7%. The ex-dividend date is Friday, August 15th. Moody's's dividend payout ratio is presently 31.95%.

Analysts Set New Price Targets

A number of equities research analysts have issued reports on MCO shares. Mizuho upped their target price on Moody's from $496.00 to $532.00 and gave the stock a "neutral" rating in a research report on Friday, July 25th. Wells Fargo & Company increased their price objective on Moody's from $573.00 to $595.00 and gave the company an "overweight" rating in a research report on Thursday, July 24th. Royal Bank Of Canada reissued an "outperform" rating and issued a $550.00 price objective on shares of Moody's in a research report on Wednesday, June 4th. BMO Capital Markets increased their price objective on Moody's from $509.00 to $534.00 and gave the company a "market perform" rating in a research report on Thursday, July 24th. Finally, Barclays increased their price objective on Moody's from $520.00 to $580.00 and gave the company an "overweight" rating in a research report on Thursday, July 24th. Ten research analysts have rated the stock with a Buy rating, six have given a Hold rating and one has given a Sell rating to the company. According to data from MarketBeat, Moody's currently has a consensus rating of "Moderate Buy" and an average price target of $538.80.

Insider Activity at Moody's

In other news, insider Michael L. West sold 3,704 shares of the stock in a transaction on Tuesday, July 29th. The stock was sold at an average price of $511.10, for a total transaction of $1,893,114.40. Following the sale, the insider owned 8,209 shares in the company, valued at approximately $4,195,619.90. This represents a 31.09% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Also, SVP Richard G. Steele sold 1,457 shares of the stock in a transaction on Tuesday, July 29th. The stock was sold at an average price of $508.83, for a total value of $741,365.31. Following the sale, the senior vice president owned 1,386 shares in the company, valued at $705,238.38. The trade was a 51.25% decrease in their position. The disclosure for this sale can be found here. In the last ninety days, insiders have sold 9,008 shares of company stock valued at $4,599,385. 0.14% of the stock is currently owned by company insiders.

Moody's Profile

Moody's Corporation operates as an integrated risk assessment firm worldwide. It operates in two segments, Moody's Analytics and Moody's Investors Services. The Moody's Analytics segment develops a range of products and services that support the risk management activities of institutional participants in financial markets.