KBC Group NV lifted its position in shares of Infosys Ltd. (NYSE:INFY – Free Report) by 28.4% during the first quarter, HoldingsChannel reports. The firm owned 219,640 shares of the technology company’s stock after buying an additional 48,521 shares during the quarter. KBC Group NV’s holdings in Infosys were worth $2,967,000 at the end of the most recent quarter.
Several other institutional investors and hedge funds also recently made changes to their positions in the company. Bessemer Group Inc. raised its stake in Infosys by 49.3% during the 1st quarter. Bessemer Group Inc. now owns 1,720,708 shares of the technology company’s stock worth $23,248,000 after buying an additional 568,573 shares during the period. Trinity Street Asset Management LLP lifted its holdings in Infosys by 45.5% during the first quarter. Trinity Street Asset Management LLP now owns 14,938,546 shares of the technology company’s stock worth $201,820,000 after acquiring an additional 4,674,742 shares in the last quarter. Hudson Edge Investment Partners Inc. grew its stake in Infosys by 56.5% in the first quarter. Hudson Edge Investment Partners Inc. now owns 4,452,990 shares of the technology company’s stock valued at $60,160,000 after acquiring an additional 1,607,300 shares during the period. Sanctuary Advisors LLC grew its stake in Infosys by 44.7% in the first quarter. Sanctuary Advisors LLC now owns 52,213 shares of the technology company’s stock valued at $705,000 after acquiring an additional 16,133 shares during the period. Finally, Geneos Wealth Management Inc. increased its holdings in shares of Infosys by 46.3% in the first quarter. Geneos Wealth Management Inc. now owns 77,173 shares of the technology company’s stock worth $1,043,000 after acquiring an additional 24,422 shares in the last quarter. Institutional investors and hedge funds own 16.20% of the company’s stock.
Infosys Trading Up 4.3%
INFY stock opened at $11.13 on Friday. The stock has a 50-day moving average price of $11.62 and a two-hundred day moving average price of $13.71. Infosys Ltd. has a 1 year low of $10.30 and a 1 year high of $30.00. The stock has a market cap of $45.03 billion, a PE ratio of 13.74, a price-to-earnings-growth ratio of 1.40 and a beta of 0.90.
Key Headlines Impacting Infosys
Here are the key news stories impacting Infosys this week:
- Positive Sentiment: Infosys highlighted AI revenues at 8.2% of sales, showing continued traction in higher-growth services, while operating margin held firm at 21.1%. Infosys: AI Revenues at 8.2% in Q1; Resilient Operating Margin of 21.1%
- Positive Sentiment: The company reported strong large-deal wins of $3.6 billion and generated robust free cash flow, which supports the longer-term investment case. Infosys: AI Revenues at 8.2% in Q1; Resilient Operating Margin of 21.1%
- Neutral Sentiment: Infosys named Ashiss Kumar Dash as CEO-designate, giving the market a clearer leadership succession plan. India’s Infosys misses quarterly revenue view, names CEO designate
- Negative Sentiment: Q1 earnings and revenue missed estimates, with softer volumes and a client exit offsetting growth in AI services. Infosys Q1 Earnings Miss Estimates, Revenues Increase Y/Y
- Negative Sentiment: Infosys narrowed its FY27 revenue growth outlook to 1.5%-3.0%, signaling a more cautious view on demand and contributing to the stock’s decline. India’s Infosys misses quarterly revenue view, names CEO designate
- Negative Sentiment: Several brokerages cut price targets or turned more cautious after the results, reinforcing concern that near-term upside may be limited. These Analysts Slash Their Forecasts On Infosys After Q1 Results
Analysts Set New Price Targets
A number of equities research analysts have recently commented on INFY shares. Wells Fargo & Company set a $11.00 price target on Infosys and gave the stock an “equal weight” rating in a research report on Friday, June 26th. HSBC set a $11.47 price objective on Infosys in a research report on Friday. Weiss Ratings restated a “hold (c-)” rating on shares of Infosys in a report on Monday, June 8th. TD Cowen reaffirmed a “hold” rating and issued a $9.00 price target (down from $10.00) on shares of Infosys in a research note on Friday. Finally, Susquehanna cut their price target on shares of Infosys from $12.00 to $11.00 and set a “neutral” rating on the stock in a research note on Friday. Eight investment analysts have rated the stock with a Hold rating and one has given a Sell rating to the company. Based on data from MarketBeat.com, the stock currently has a consensus rating of “Reduce” and a consensus price target of $11.63.
Check Out Our Latest Analysis on Infosys
Infosys Profile
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. The company was founded by Dinesh Krishnan Swamy, Senapathy Gopalakrishnan, Narayana Ramarao Nagavara Murthy, Raghavan N. S., Ashok Arora, Nandan M. Nilekani, and S. D. Shibulal on July 2, 1981 and is headquartered in Bangalore, India.
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