731,279 Shares in Mobility Global, Inc. $MBGL Acquired by PBU The Pension Fund of Early Childhood & Youth Educators

PBU The Pension Fund of Early Childhood & Youth Educators purchased a new position in shares of Mobility Global, Inc. (NYSE:MBGL – Free Report) during the third quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor purchased 731,279 shares of the company’s stock, valued at approximately $12,541,000.

Several other hedge funds have also made changes to their positions in the stock. CENTRAL TRUST Co bought a new position in Mobility Global during the 3rd quarter worth $99,000. Fifth Third Bancorp acquired a new stake in Mobility Global in the third quarter worth $2,398,000. King Luther Capital Management Corp acquired a new stake in Mobility Global in the third quarter worth $172,000. Maryland State Retirement & Pension System bought a new stake in Mobility Global in the third quarter valued at $1,396,000. Finally, Illinois Municipal Retirement Fund bought a new stake in Mobility Global in the third quarter valued at $2,745,000.

Analyst Ratings Changes

Several equities analysts have recently issued reports on MBGL shares. Weiss Ratings raised shares of Mobility Global from a “sell (d)” rating to a “sell (d+)” rating in a report on Thursday, October 22nd. Zacks Research raised shares of Mobility Global to a “hold” rating in a report on Thursday, July 30th. Citigroup started coverage on shares of Mobility Global in a research report on Tuesday, August 11th. They issued a “neutral” rating and a $23.00 price objective on the stock. Wall Street Zen upgraded shares of Mobility Global to a “hold” rating in a research report on Saturday, July 18th. Finally, Wolfe Research raised shares of Mobility Global to a “strong-buy” rating in a research note on Monday, July 20th. One research analyst has rated the stock with a Strong Buy rating, one has assigned a Buy rating, nine have issued a Hold rating and one has given a Sell rating to the stock. According to data from MarketBeat, the stock currently has an average rating of “Hold” and a consensus price target of $22.20.

Check Out Our Latest Research Report on MBGL

Mobility Global News Roundup

Investors following MBGL have been watching these news items:

  • Positive Sentiment: Q3 earnings were $0.40 per share, ahead of the $0.38 analyst consensus, while revenue rose 7.4% year over year to $478 million. Earnings results
  • Positive Sentiment: The company authorized an $800 million share-repurchase program. Buybacks can support per-share results and signal management confidence, though the impact depends on execution. Share-repurchase program
  • Neutral Sentiment: FY2026 revenue guidance remains at $1.9 billion, broadly in line with analyst expectations; the raised EBITDA outlook, rather than a higher revenue forecast, is the more notable guidance change. FY2026 guidance

Mobility Global Trading Up 15.6%

Shares of NYSE MBGL opened at $23.03 on Friday. Mobility Global, Inc. has a 12-month low of $16.95 and a 12-month high of $26.00. The firm has a market capitalization of $6.82 billion and a P/E ratio of 127.92. The business’s 50 day simple moving average is $19.02. The company has a debt-to-equity ratio of 0.20, a quick ratio of 1.88 and a current ratio of 1.88.

Mobility Global (NYSE:MBGL – Get Free Report) last announced its quarterly earnings results on Thursday, November 12th. The company reported $0.40 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.38 by $0.02. The business had revenue of $478.00 million for the quarter. The firm’s revenue for the quarter was up 7.4% on a year-over-year basis. Sell-side analysts forecast that Mobility Global, Inc. will post 1.52 earnings per share for the current fiscal year.

Mobility Global Dividend Announcement

The firm also recently declared a quarterly dividend, which will be paid on Monday, December 14th. Stockholders of record on Monday, November 30th will be issued a dividend of $0.06 per share. This represents a $0.24 dividend on an annualized basis and a dividend yield of 1.0%. The ex-dividend date of this dividend is Monday, November 30th. Mobility Global’s dividend payout ratio (DPR) is 133.33%.

Mobility Global Profile

(Free Report)

Mobility Global is a blank-check company formed to pursue a merger, acquisition, share exchange or similar business combination with an operating business. It does not have established products or services of its own. The company’s stated focus is the mobility sector, which may include businesses involved in transportation, automotive services, logistics and related technologies. Its activities are centered on identifying and completing a suitable business combination.

See Also

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Institutional Ownership by Quarter for Mobility Global (NYSE:MBGL)

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