Teacher Retirement System of Texas purchased a new stake in shares of StoneCo Ltd. (<a>NASDAQ:STNE</a> – <a>Free Report</a>) in the first quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund purchased 25,254 shares of the company’s stock, valued at approximately $265,000. \n\nA number of other large investors have also made changes to their positions in the company. GAMMA Investing LLC lifted its position in shares of StoneCo by 1,486.3% during the 1st quarter. GAMMA Investing LLC now owns 2,903 shares of the company’s stock valued at $30,000 after buying an additional 2,720 shares in the last quarter. Sterling Capital Management LLC lifted its holdings in StoneCo by 627.0% in the 4th quarter. Sterling Capital Management LLC now owns 4,551 shares of the company’s stock worth $36,000 after purchasing an additional 3,925 shares in the last quarter. Harbor Capital Advisors Inc. lifted its holdings in StoneCo by 143.0% in the 1st quarter. Harbor Capital Advisors Inc. now owns 4,614 shares of the company’s stock worth $48,000 after purchasing an additional 2,715 shares in the last quarter. Wexford Capital LP purchased a new position in StoneCo in the 4th quarter worth approximately $88,000. Finally, Advisory Services Network LLC lifted its holdings in StoneCo by 90.6% in the 4th quarter. Advisory Services Network LLC now owns 11,210 shares of the company’s stock worth $89,000 after purchasing an additional 5,330 shares in the last quarter. 73.19% of the stock is currently owned by institutional investors. \n\nStoneCo (<a>NASDAQ:STNE</a> – <a>Get Free Report</a>) last posted its quarterly earnings results on Thursday, May 8th. The company reported $0.34 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.32 by $0.02. StoneCo had a positive return on equity of 16.65% and a negative net margin of 8.90%. The business had revenue of $625.86 million for the quarter, compared to the consensus estimate of $3.68 billion. As a group, analysts expect that StoneCo Ltd. will post 1.16 earnings per share for the current year. \n\nSeveral analysts have recently issued reports on the company. Santander raised StoneCo from a “neutral” rating to an “outperform” rating in a report on Wednesday, May 21st. Citigroup raised StoneCo from a “neutral” rating to a “buy” rating and upped their price objective for the stock from $9.00 to $15.00 in a report on Tuesday, April 22nd. <a>Wall Street Zen</a> cut StoneCo from a “buy” rating to a “hold” rating in a report on Friday, June 6th. Barclays upped their price objective on StoneCo from $13.00 to $15.00 and gave the stock an “equal weight” rating in a report on Monday, May 12th. Finally, JPMorgan Chase &amp; Co. boosted their target price on StoneCo from $15.50 to $18.50 and gave the company an “overweight” rating in a research report on Wednesday. One research analyst has rated the stock with a sell rating, two have assigned a hold rating, seven have given a buy rating and one has given a strong buy rating to the company’s stock. According to data from MarketBeat, StoneCo has a consensus rating of “Moderate Buy” and an average target price of $15.07. \n\nStoneCo Ltd. provides financial technology and software solutions to merchants and integrated partners to conduct electronic commerce across in-store, online, and mobile channels in Brazil. It distributes its solutions, principally through proprietary Stone Hubs, which offer hyper-local sales and services; and sells solutions to brick-and-mortar and digital merchants through sales team.

Teacher Retirement System of Texas Purchases Shares of 25,254 StoneCo Ltd. (NASDAQ:STNE)

The Teacher Retirement System of Texas purchased 25,254 shares of StoneCo Ltd. (NASDAQ:STNE) in Q1 2025, valued at $265,000. Multiple institutional investors also adjusted their positions in StoneCo, including GAMMA Investing LLC, Sterling Capital Management LLC, and Wexford Capital LP. StoneCo reported Q1 earnings of $0.34 EPS, exceeding expectations, with revenue of $625.86 million. Analysts have updated ratings, with Santander and Citigroup upgrading their outlook, while Wall Street Zen downgraded the stock. StoneCo provides financial technology solutions to merchants in Brazil.