Weiss Asset Management LP Takes $10.71 Million Position in Infosys Ltd. $INFY

Weiss Asset Management LP bought a new position in shares of Infosys Ltd. (NYSE:INFY) in the first quarter, Holdings Channel reports. The institutional investor bought 792,598 shares of the technology company’s stock, valued at approximately $10,708,000.

Other hedge funds and other institutional investors have also recently bought and sold shares of the company. Bessemer Group Inc. boosted its holdings in Infosys by 49.3% in 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 last quarter. XY Capital Ltd acquired a new position in shares of Infosys during the first quarter valued at approximately $4,319,000. Trinity Street Asset Management LLP raised its holdings in shares of 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 valued at $201,820,000 after acquiring an additional 4,674,742 shares during the last quarter. Hudson Edge Investment Partners Inc. lifted its position in shares of 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 in the last quarter. Finally, ABN Amro Investment Solutions lifted its position in shares of Infosys by 94.2% in the first quarter. ABN Amro Investment Solutions now owns 997,028 shares of the technology company’s stock valued at $13,470,000 after acquiring an additional 483,700 shares in the last quarter. 16.20% of the stock is owned by hedge funds and other institutional investors.

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

Wall Street Analyst Weigh In

Several analysts recently commented on INFY shares. Susquehanna dropped their price target on Infosys from $12.00 to $11.00 and set a “neutral” rating for the company in a research report on Friday. Weiss Ratings restated a “hold (c-)” rating on shares of Infosys in a report on Monday, June 8th. BMO Capital Markets reaffirmed a “market perform” rating and set a $12.00 target price (down from $13.00) on shares of Infosys in a research note on Friday. Stifel Nicolaus set a $13.00 target price on shares of Infosys and gave the stock a “hold” rating in a report on Thursday, July 16th. Finally, HSBC set a $11.47 target price on shares of Infosys in a research report on Friday. Eight equities research analysts have rated the stock with a Hold rating and one has issued a Sell rating to the company’s stock. Based on data from MarketBeat, Infosys has an average rating of “Reduce” and an average target price of $11.63.

Infosys Stock Up 4.3%

NYSE INFY opened at $11.13 on Friday. The business’s fifty day simple moving average is $11.62 and its 200-day simple moving average is $13.71. The firm has a market cap of $45.03 billion, a PE ratio of 13.74, a P/E/G ratio of 1.46 and a beta of 0.90. Infosys Ltd. has a 52 week low of $10.30 and a 52 week high of $30.00.

Infosys (NYSE:INFY) last announced its quarterly earnings data on Thursday, July 23rd. The technology company reported $0.20 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.21 by ($0.01). Infosys had a net margin of 16.38% and a return on equity of 33.41%. The firm had revenue of $4.99 billion during the quarter, compared to analysts’ expectations of $5.08 billion. Research analysts expect that Infosys Ltd. will post 0.81 EPS for the current year.

About Infosys

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.