Seaport Res Ptn Has Bullish Estimate for MC Q4 Earnings

Moelis & Company (NYSE:MC) – Analysts at Seaport Res Ptn upped their Q4 2026 EPS estimates for Moelis & Company in a research note issued on Wednesday, April 9th. Seaport Res Ptn analyst J. Mitchell now anticipates that the asset manager will post earnings per share of $1.32 for the quarter, up from their prior forecast of $1.22. The consensus estimate for Moelis & Company’s current full-year earnings is $2.97 per share.

MC has been the topic of a number of other research reports. The Goldman Sachs Group dropped their price objective on shares of Moelis & Company from $86.00 to $75.00 and set a “neutral” rating on the stock in a report on Friday, March 14th. Morgan Stanley cut their price target on Moelis & Company from $70.00 to $42.00 and set an “underweight” rating on the stock in a report on Monday, April 7th. Wells Fargo & Company reduced their price objective on Moelis & Company from $63.00 to $55.00 and set an “equal weight” rating for the company in a research report on Tuesday. Keefe, Bruyette & Woods restated an “outperform” rating and issued a $92.00 target price (up from $86.00) on shares of Moelis & Company in a research report on Thursday, February 6th. Finally, JMP Securities reiterated a “market perform” rating on shares of Moelis & Company in a research report on Thursday, February 6th. Two investment analysts have rated the stock with a sell rating, five have assigned a hold rating and one has given a buy rating to the stock. According to data from MarketBeat, Moelis & Company has a consensus rating of “Hold” and a consensus target price of $62.50.

Moelis & Company Price Performance

Shares of NYSE MC opened at $50.54 on Thursday. The firm has a market capitalization of $3.79 billion, a PE ratio of 28.71 and a beta of 1.53. Moelis & Company has a 1-year low of $46.24 and a 1-year high of $82.89. The business’s fifty day moving average price is $64.25 and its two-hundred day moving average price is $70.13.

Moelis & Company (NYSE:MC) last announced its quarterly earnings results on Wednesday, February 5th. The asset manager reported $1.18 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.39 by $0.79. Moelis & Company had a return on equity of 38.49% and a net margin of 11.39%.

Institutional Investors Weigh In On Moelis & Company

Institutional investors and hedge funds have recently modified their holdings of the stock. CIBC Private Wealth Group LLC increased its stake in Moelis & Company by 52.5% in the 4th quarter. CIBC Private Wealth Group LLC now owns 398 shares of the asset manager’s stock worth $30,000 after purchasing an additional 137 shares in the last quarter. Headlands Technologies LLC acquired a new position in shares of Moelis & Company in the fourth quarter worth about $31,000. MassMutual Private Wealth & Trust FSB increased its position in shares of Moelis & Company by 1,551.3% in the first quarter. MassMutual Private Wealth & Trust FSB now owns 644 shares of the asset manager’s stock worth $38,000 after acquiring an additional 605 shares in the last quarter. Versant Capital Management Inc raised its holdings in shares of Moelis & Company by 1,460.8% during the first quarter. Versant Capital Management Inc now owns 796 shares of the asset manager’s stock valued at $46,000 after acquiring an additional 745 shares during the period. Finally, R Squared Ltd purchased a new stake in shares of Moelis & Company in the 4th quarter valued at approximately $47,000. 91.53% of the stock is owned by institutional investors and hedge funds.

Insider Transactions at Moelis & Company

In other Moelis & Company news, Director Kenneth Shropshire sold 2,551 shares of the company’s stock in a transaction on Friday, February 21st. The stock was sold at an average price of $72.30, for a total value of $184,437.30. Following the transaction, the director now owns 6,940 shares of the company’s stock, valued at approximately $501,762. This represents a 26.88 % decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, CEO Kenneth Moelis sold 9,712 shares of the firm’s stock in a transaction on Wednesday, February 19th. The stock was sold at an average price of $74.00, for a total value of $718,688.00. Following the sale, the chief executive officer now directly owns 209,235 shares of the company’s stock, valued at approximately $15,483,390. This represents a 4.44 % decrease in their ownership of the stock. The disclosure for this sale can be found here. In the last 90 days, insiders have sold 22,721 shares of company stock valued at $1,677,017. Corporate insiders own 6.40% of the company’s stock.

Moelis & Company Increases Dividend

The company also recently declared a quarterly dividend, which was paid on Thursday, March 27th. Stockholders of record on Tuesday, February 18th were given a dividend of $0.65 per share. The ex-dividend date of this dividend was Tuesday, February 18th. This is a boost from Moelis & Company’s previous quarterly dividend of $0.60. This represents a $2.60 annualized dividend and a dividend yield of 5.14%. Moelis & Company’s dividend payout ratio (DPR) is 147.73%.

About Moelis & Company

Moelis & Co operates as a holding company. It engages in the provision of financial advisory, capital raising and asset management services to a client base including corporations, governments, sovereign wealth funds and financial sponsors. The firm focuses on clients including large public multinational corporations, middle market private companies, financial sponsors, entrepreneurs and governments.