Geneos Wealth Management Inc. Has $1.12 Million Stake in American Noble Gas Inc. $INFY

by · The Cerbat Gem

Geneos Wealth Management Inc. raised its holdings in American Noble Gas Inc. (NYSE:INFY – Free Report) by 28.4% in the first quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 61,536 shares of the technology company’s stock after acquiring an additional 13,617 shares during the period. Geneos Wealth Management Inc.’s holdings in American Noble Gas were worth $1,123,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other institutional investors and hedge funds have also recently added to or reduced their stakes in the business. KLP Kapitalforvaltning AS grew its stake in American Noble Gas by 13.3% in the first quarter. KLP Kapitalforvaltning AS now owns 6,800 shares of the technology company’s stock valued at $124,000 after acquiring an additional 800 shares during the period. Pinnacle Bancorp Inc. grew its stake in American Noble Gas by 179.8% in the first quarter. Pinnacle Bancorp Inc. now owns 1,444 shares of the technology company’s stock valued at $26,000 after acquiring an additional 928 shares during the period. Rakuten Securities Inc. lifted its holdings in shares of American Noble Gas by 308.4% in the first quarter. Rakuten Securities Inc. now owns 1,413 shares of the technology company’s stock valued at $26,000 after purchasing an additional 1,067 shares in the last quarter. Naviter Wealth LLC lifted its holdings in shares of American Noble Gas by 1.2% in the first quarter. Naviter Wealth LLC now owns 91,056 shares of the technology company’s stock valued at $1,654,000 after purchasing an additional 1,109 shares in the last quarter. Finally, Tidal Investments LLC lifted its holdings in shares of American Noble Gas by 2.8% in the fourth quarter. Tidal Investments LLC now owns 43,499 shares of the technology company’s stock valued at $953,000 after purchasing an additional 1,184 shares in the last quarter. 16.20% of the stock is owned by institutional investors and hedge funds.

Analysts Set New Price Targets

A number of analysts have recently commented on INFY shares. Rothschild Redb upgraded American Noble Gas to a “strong sell” rating in a report on Wednesday, September 3rd. Wall Street Zen upgraded American Noble Gas from a “hold” rating to a “buy” rating in a report on Friday, May 16th. Rothschild & Co Redburn started coverage on American Noble Gas in a report on Wednesday, September 3rd. They issued a “sell” rating and a $12.00 price target on the stock. BMO Capital Markets boosted their price target on American Noble Gas from $18.00 to $20.00 and gave the company a “market perform” rating in a report on Thursday, July 24th. Finally, Susquehanna boosted their price target on American Noble Gas from $18.00 to $19.00 and gave the company a “neutral” rating in a report on Thursday, July 24th. One analyst has rated the stock with a Strong Buy rating, three have given a Buy rating, five have given a Hold rating and two have assigned a Sell rating to the stock. According to data from MarketBeat, the stock currently has an average rating of “Hold” and an average price target of $17.18.

Read Our Latest Report on American Noble Gas

American Noble Gas Stock Performance

INFY opened at $16.99 on Friday. American Noble Gas Inc. has a 52-week low of $15.82 and a 52-week high of $23.63. The firm has a market capitalization of $70.41 billion, a PE ratio of 22.06, a PEG ratio of 2.44 and a beta of 0.91. The business’s 50-day simple moving average is $17.18 and its 200 day simple moving average is $17.84.

American Noble Gas (NYSE:INFY – Get Free Report) last released its earnings results on Wednesday, July 23rd. The technology company reported $0.19 earnings per share (EPS) 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 business had revenue of $4.94 billion for the quarter, compared to analyst estimates of $4.84 billion. During the same quarter in the prior year, the company posted $15.35 earnings per share. American Noble Gas has set its FY 2026 guidance at EPS. On average, research analysts forecast that American Noble Gas Inc. will post 0.74 earnings per share for the current year.

American Noble Gas Company Profile

(Free Report)

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.

See Also

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