Garrison Point Advisors LLC Invests $237,000 in Moody’s Co. (NYSE:MCO)

06 Apr 2025, 09:16 by Doug Wharley · The Cerbat Gem

Garrison Point Advisors LLC purchased a new stake in Moody’s Co. (NYSE:MCO – Free Report) during the fourth quarter, HoldingsChannel.com reports. The fund purchased 500 shares of the business services provider’s stock, valued at approximately $237,000.

Several other hedge funds have also bought and sold shares of the stock. Asset Planning Inc purchased a new stake in shares of Moody’s in the fourth quarter worth about $42,000. OFI Invest Asset Management purchased a new stake in shares of Moody’s during the 4th quarter worth approximately $41,000. Albion Financial Group UT bought a new position in shares of Moody’s during the 4th quarter valued at approximately $45,000. Activest Wealth Management bought a new stake in Moody’s in the fourth quarter worth $47,000. Finally, Sunbelt Securities Inc. lifted its position in Moody’s by 101.9% during the third quarter. Sunbelt Securities Inc. now owns 109 shares of the business services provider’s stock valued at $52,000 after purchasing an additional 55 shares during the last quarter. Hedge funds and other institutional investors own 92.11% of the company’s stock.

Moody’s Price Performance

NYSE:MCO opened at $401.74 on Friday. The company has a quick ratio of 1.67, a current ratio of 1.47 and a debt-to-equity ratio of 1.81. Moody’s Co. has a 52 week low of $360.05 and a 52 week high of $531.93. The stock’s 50-day moving average price is $482.15 and its 200-day moving average price is $478.93. The stock has a market capitalization of $72.27 billion, a PE ratio of 35.65, a price-to-earnings-growth ratio of 2.87 and a beta of 1.38.

Moody’s (NYSE:MCO – Get Free Report) last announced its earnings results on Thursday, February 13th. The business services provider reported $2.62 earnings per share for the quarter, topping the consensus estimate of $2.27 by $0.35. Moody’s had a return on equity of 58.94% and a net margin of 29.03%. The business had revenue of $1.67 billion during the quarter, compared to the consensus estimate of $1.70 billion. As a group, equities analysts expect that Moody’s Co. will post 13.95 EPS for the current fiscal year.

Moody’s Increases Dividend

The business also recently announced a quarterly dividend, which was paid on Friday, March 14th. Stockholders of record on Tuesday, February 25th were paid a dividend of $0.94 per share. The ex-dividend date was Tuesday, February 25th. This represents a $3.76 dividend on an annualized basis and a dividend yield of 0.94%. This is a boost from Moody’s’s previous quarterly dividend of $0.85. Moody’s’s payout ratio is currently 33.36%.

Insider Buying and Selling

In other Moody’s news, CEO Robert Fauber sold 415 shares of the business’s stock in a transaction that occurred on Tuesday, April 1st. The stock was sold at an average price of $463.08, for a total transaction of $192,178.20. Following the completion of the sale, the chief executive officer now directly owns 62,824 shares in the company, valued at approximately $29,092,537.92. The trade was a 0.66 % decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Insiders sold a total of 1,258 shares of company stock worth $610,936 in the last 90 days. Insiders own 0.14% of the company’s stock.

Analysts Set New Price Targets

Several brokerages have recently issued reports on MCO. Oppenheimer upped their target price on shares of Moody’s from $543.00 to $545.00 and gave the company an “outperform” rating in a research report on Friday, January 3rd. Barclays lowered their price target on Moody’s from $570.00 to $520.00 and set an “overweight” rating for the company in a research report on Friday. Citigroup began coverage on Moody’s in a research report on Friday, December 20th. They set a “buy” rating and a $565.00 target price for the company. BMO Capital Markets raised their price target on Moody’s from $481.00 to $531.00 and gave the stock a “market perform” rating in a research note on Tuesday, February 18th. Finally, Stifel Nicolaus upped their price objective on Moody’s from $459.00 to $533.00 and gave the company a “hold” rating in a research report on Friday, February 14th. One equities research analyst has rated the stock with a sell rating, seven have issued a hold rating and nine have given a buy rating to the stock. According to data from MarketBeat.com, Moody’s currently has an average rating of “Hold” and a consensus target price of $523.43.

View Our Latest Stock Report on MCO

Moody’s Company Profile

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