Weiss Asset Management LP Acquires Shares of 792,598 Infosys Ltd. $INFY

Key Points

• Weiss Asset Management disclosed a new stake in Infosys, buying 792,598 shares valued at about $10.7 million in the first quarter.
• Infosys’ recent quarter showed a mixed picture: AI revenue reached 8.2% of sales and operating margin held at 21.1%, but EPS and revenue both missed estimates.
• The company also narrowed its FY27 revenue growth outlook to 1.5%–3.0%, and several analysts responded by cutting price targets or maintaining cautious ratings.

Weiss Asset Management LP acquired a new stake in Infosys Ltd. (NYSE:INFY - Free Report) during the 1st quarter, according to its most recent disclosure with the Securities and Exchange Commission. The institutional investor acquired 792,598 shares of the technology company's stock, valued at approximately $10,708,000.

A number of other hedge funds and other institutional investors have also recently made changes to their positions in the business. Trinity Street Asset Management LLP lifted its position in Infosys by 45.5% during the first quarter. Trinity Street Asset Management LLP now owns 14,938,546 shares of the technology company's stock valued at $201,820,000 after purchasing an additional 4,674,742 shares during the period. Dimensional Fund Advisors LP grew its position in Infosys by 0.7% during the 1st quarter. Dimensional Fund Advisors LP now owns 7,789,344 shares of the technology company's stock worth $105,206,000 after purchasing an additional 52,393 shares during the period. Arrowstreet Capital Limited Partnership grew its position in Infosys by 8.7% during the 1st quarter. Arrowstreet Capital Limited Partnership now owns 6,490,358 shares of the technology company's stock worth $87,685,000 after purchasing an additional 521,169 shares during the period. Hudson Edge Investment Partners Inc. raised its stake in shares of Infosys by 56.5% during the 1st quarter. Hudson Edge Investment Partners Inc. now owns 4,452,990 shares of the technology company's stock valued at $60,160,000 after buying an additional 1,607,300 shares during the last quarter. Finally, Sei Investments Co. raised its stake in shares of Infosys by 1.9% during the 1st quarter. Sei Investments Co. now owns 3,038,653 shares of the technology company's stock valued at $41,052,000 after buying an additional 56,428 shares during the last quarter. Institutional investors and hedge funds own 16.20% of the company's stock.

Infosys News Roundup

Here are the key news stories impacting Infosys this week:

• Positive Sentiment: Infosys highlighted AI revenues at 8.2% of sales, showing continued traction in higher-growth services, while operating margin held firm at 21.1%. Infosys: AI Revenues at 8.2% in Q1; Resilient Operating Margin of 21.1%
• Positive Sentiment: The company reported strong large-deal wins of $3.6 billion and generated robust free cash flow, which supports the longer-term investment case. Infosys: AI Revenues at 8.2% in Q1; Resilient Operating Margin of 21.1%
• Neutral Sentiment: Infosys named Ashiss Kumar Dash as CEO-designate, giving the market a clearer leadership succession plan. India's Infosys misses quarterly revenue view, names CEO designate
• Negative Sentiment: Q1 earnings and revenue missed estimates, with softer volumes and a client exit offsetting growth in AI services. Infosys Q1 Earnings Miss Estimates, Revenues Increase Y/Y
• Negative Sentiment: Infosys narrowed its FY27 revenue growth outlook to 1.5%-3.0%, signaling a more cautious view on demand and contributing to the stock’s decline. India's Infosys misses quarterly revenue view, names CEO designate
• Negative Sentiment: Several brokerages cut price targets or turned more cautious after the results, reinforcing concern that near-term upside may be limited. These Analysts Slash Their Forecasts On Infosys After Q1 Results

Analyst Upgrades and Downgrades

Several equities analysts have recently issued reports on the company. HSBC set a $11.47 price objective on Infosys in a report on Friday. Stifel Nicolaus set a $13.00 price target on Infosys and gave the company a "hold" rating in a report on Thursday, July 16th. TD Cowen restated a "hold" rating and issued a $9.00 price objective (down from $10.00) on shares of Infosys in a research report on Friday. Susquehanna dropped their price objective on shares of Infosys from $12.00 to $11.00 and set a "neutral" rating on the stock in a research note on Friday. Finally, JPMorgan Chase & Co. reaffirmed a "neutral" rating and set a $10.90 target price (down from $12.70) on shares of Infosys in a report on Friday. Eight equities research analysts have rated the stock with a Hold rating and one has given a Sell rating to the stock. According to data from MarketBeat.com, the company currently has an average rating of "Reduce" and a consensus target price of $11.63.

Infosys Stock Up 4.3%

NYSE:INFY opened at $11.13 on Friday. Infosys Ltd. has a 52 week low of $10.30 and a 52 week high of $30.00. The stock has a market capitalization of $45.03 billion, a PE ratio of 13.74, a price-to-earnings-growth ratio of 1.46 and a beta of 0.90. The stock's 50-day moving average price is $11.62 and its 200-day moving average price is $13.71.

Infosys (NYSE:INFY - Get Free Report) last issued its quarterly earnings results on Thursday, July 23rd. The technology company reported $0.20 earnings per share (EPS) for the quarter, missing analysts' consensus estimates of $0.21 by ($0.01). Infosys had a return on equity of 33.41% and a net margin of 16.38%.The business had revenue of $4.99 billion for the quarter, compared to analysts' expectations of $5.08 billion. Sell-side analysts expect that Infosys Ltd. will post 0.81 earnings per share for the current fiscal year.

Infosys 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. The company was founded by Dinesh Krishnan Swamy, Senapathy Gopalakrishnan, Narayana Ramarao Nagavara Murthy, Raghavan N. S., Ashok Arora, Nandan M. Nilekani, and S. D. Shibulal on July 2, 1981 and is headquartered in Bangalore, India.

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest reporting and unbiased coverage. Please send any questions or comments about this story to contact@marketbeat.com.