Moore Capital Management LP Invests $10.40 Million in Forgent Power Solutions, Inc. $FPS

Posted by Francis Steltz on Aug 31st, 2026

Moore Capital Management LP acquired a new stake in Forgent Power Solutions, Inc. (NYSE:FPS – Free Report) in the second quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor acquired 186,199 shares of the company’s stock, valued at approximately $10,401,000.

Several other hedge funds have also recently added to or reduced their stakes in the stock. Northwestern Mutual Wealth Management Co. bought a new position in Forgent Power Solutions during the second quarter worth about $30,000. Hollencrest Capital Management bought a new stake in shares of Forgent Power Solutions in the 2nd quarter valued at about $56,000. Public Employees Retirement System of Ohio acquired a new stake in shares of Forgent Power Solutions in the 2nd quarter valued at approximately $2,034,000. Bank of New York Mellon Corp raised its holdings in Forgent Power Solutions by 813.0% in the second quarter. Bank of New York Mellon Corp now owns 326,317 shares of the company’s stock worth $18,228,000 after purchasing an additional 290,577 shares during the period. Finally, UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC bought a new position in shares of Forgent Power Solutions during the second quarter worth $23,123,000.

Forgent Power Solutions Stock Performance

Shares of Forgent Power Solutions stock opened at $30.53 on Monday. The firm has a market cap of $9.29 billion and a price-to-earnings ratio of 203.53. The company has a 50 day moving average price of $41.12. The company has a debt-to-equity ratio of 0.99, a quick ratio of 1.16 and a current ratio of 1.64. Forgent Power Solutions, Inc. has a 52-week low of $25.95 and a 52-week high of $66.00.

Analysts Set New Price Targets

A number of analysts recently commented on the stock. Jefferies Financial Group upped their price objective on shares of Forgent Power Solutions from $44.00 to $56.00 and gave the company a “buy” rating in a research report on Friday, May 29th. The Goldman Sachs Group boosted their target price on Forgent Power Solutions from $49.00 to $60.00 and gave the company a “buy” rating in a research note on Friday, May 15th. Zacks Research upgraded Forgent Power Solutions from a “hold” rating to a “strong-buy” rating in a report on Tuesday, July 14th. Robert W. Baird initiated coverage on Forgent Power Solutions in a research report on Wednesday, July 15th. They set an “outperform” rating and a $55.00 price target on the stock. Finally, Wolfe Research reiterated an “outperform” rating and set a $60.00 price objective on shares of Forgent Power Solutions in a report on Thursday, July 9th. Two analysts have rated the stock with a Strong Buy rating, ten have issued a Buy rating, one has issued a Hold rating and one has given a Sell rating to the stock. Based on data from MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy” and an average price target of $56.75.

View Our Latest Research Report on Forgent Power Solutions

About Forgent Power Solutions

(Free Report)

We are a leading designer and manufacturer of electrical distribution equipment used in data centers, the power grid and energy-intensive industrial facilities. Demand for our products is growing rapidly as (i) companies accelerate investment in data centers to meet the computational requirements for cloud computing and AI, (ii) independent power producers build new generation capacity to satisfy rising electricity demand, (iii) utilities upgrade and expand T&D infrastructure to address rapid load growth and (iv) manufacturers reshore their factories to secure their supply chains and mitigate the impact of tariffs.