PineStone Asset Management 13F: Cuts Moody's (MCO) Stake by $29M

PineStone Asset Management trimmed its stake in Moody's Corporation (MCO) in a filing on October 16, 2026. The firm reduced its holdings by 64,345 shares, bringing its total to 2,219,616 shares valued at about $1.01 billion. This represents a 2.8% decrease in their position.

What Changed in PineStone Asset Management's Moody's Position

PineStone's filing shows a reduction in its total shares held, moving from 2,283,961 shares to 2,219,616 shares. The change in holdings reflects a strategic decision, though the specific reasons for the reduction were not detailed in the filing.

Other Institutional Activity in Moody's

Several other major institutional investors maintain significant positions in Moody's. Berkshire Hathaway, Inc holds 24,669,778 shares valued at about $11.97 billion, while TCI Fund Management Ltd owns 14,334,027 shares worth around $6.95 billion. Blackrock Inc. slightly reduced its position by 665,561 shares, ending with 12,461,878 shares valued at approximately $6.04 billion. Vanguard Capital Management LLC decreased its holdings by 127,523 shares, totaling 9,757,973 shares worth about $4.73 billion. State Street Corporation also trimmed its position, now holding 7,111,386 shares valued around $3.45 billion.

Moody's Corporation Stock Up 4.8%

As of October 16, 2026, Moody's shares were recently trading around $482.28. This price is above both the 50-day moving average ($477.32) and the 200-day moving average ($469.15), indicating good momentum. However, it remains about 11.8% below its 52-week high of $546.88 and about 19.9% above its 52-week low of $402.28. The target mean price is set at $555.43, suggesting that the stock might be undervalued at its current price.

Recent Earnings

For the trailing twelve months, Moody's reported revenue of $8.16 billion and earnings per share of $15.76. The company has a return on equity (ROE) of 76.9% and a net margin of 34.3%. Moody's is set to announce its next earnings on October 21, 2026, which will provide further insights into its financial health.

Insider Buying and Selling at Moody's Corporation

Recent insider transactions include several sales by CEO Robert Fauber. On September 1, 2026, he sold 1,467 shares at an average price of $501.89, totaling about $736,273. Earlier, he sold the same number of shares at prices of $484.30 and $455.49 on August 3 and July 1, respectively. Additionally, General Counsel Richard G Steele sold 157 shares, also at $455.49, valued at about $71,512. These sales occurred prior to the recent filing and do not necessarily reflect negative sentiment towards the company's prospects.

Analysts Set New Price Targets

On October 16, 2026, RBC Capital maintained its Outperform rating on Moody's Corporation, setting a new price target of $575. This follows earlier ratings from firms like JP Morgan, which reaffirmed its Overweight rating with a target of $555 on October 14, 2026. The consensus among analysts is generally positive, with a recommendation key of 'buy' across 21 opinions.

About Moody's Corporation

Moody's Corporation, based in New York, is a leading provider of credit ratings, research, and risk analysis. It operates primarily through its Moody's Analytics and Moody's Investors Service segments. The company's insights and data are essential for institutional investors managing risk in today's financial markets.

Bottom Line

What to watch next for Moody's Corporation includes its upcoming earnings report on October 21, 2026, which may shed light on its future performance. The recent filing by PineStone Asset Management reflects holdings as of the reporting period and may not represent its current position in the market.