Jones Financial Companies Lllp Purchases 3,055 Shares of Intercontinental Exchange Inc. $ICE

Jones Financial Companies Lllp lifted its holdings in Intercontinental Exchange Inc. (NYSE:ICE) by 26.7% in the 3rd quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor owned 14,500 shares of the financial services provider’s stock after acquiring an additional 3,055 shares during the period. Jones Financial Companies Lllp’s holdings in Intercontinental Exchange were worth $2,433,000 as of its most recent filing with the Securities and Exchange Commission.

Several other institutional investors and hedge funds also recently made changes to their positions in the business. Mawer Investment Management Ltd. increased its holdings in Intercontinental Exchange by 179.1% in the third quarter. Mawer Investment Management Ltd. now owns 2,472,366 shares of the financial services provider’s stock worth $416,544,000 after purchasing an additional 1,586,620 shares in the last quarter. A4 Wealth Advisors LLC bought a new position in shares of Intercontinental Exchange during the 3rd quarter worth approximately $298,000. Atlatl Advisers LLC grew its position in shares of Intercontinental Exchange by 6.7% during the 3rd quarter. Atlatl Advisers LLC now owns 4,032 shares of the financial services provider’s stock worth $679,000 after buying an additional 254 shares during the period. Bright Rock Capital Management LLC increased its stake in shares of Intercontinental Exchange by 50.0% in the 3rd quarter. Bright Rock Capital Management LLC now owns 45,000 shares of the financial services provider’s stock valued at $7,582,000 after acquiring an additional 15,000 shares in the last quarter. Finally, Mutual Advisors LLC lifted its position in shares of Intercontinental Exchange by 6.8% during the 3rd quarter. Mutual Advisors LLC now owns 4,889 shares of the financial services provider’s stock valued at $770,000 after acquiring an additional 312 shares during the period. Institutional investors own 89.30% of the company’s stock.

Wall Street Analysts Forecast Growth

Several research firms have weighed in on ICE. UBS Group reaffirmed a “buy” rating on shares of Intercontinental Exchange in a research note on Wednesday, January 7th. Wall Street Zen raised Intercontinental Exchange from a “sell” rating to a “hold” rating in a research report on Saturday. Morgan Stanley set a $180.00 price target on Intercontinental Exchange and gave the stock an “equal weight” rating in a report on Thursday, January 15th. Raymond James Financial reissued a “strong-buy” rating and issued a $211.00 price objective on shares of Intercontinental Exchange in a research note on Tuesday, January 6th. Finally, TD Cowen reaffirmed a “buy” rating on shares of Intercontinental Exchange in a research report on Friday. One analyst has rated the stock with a Strong Buy rating, nine have given a Buy rating and one has given a Hold rating to the company. According to MarketBeat, the stock presently has an average rating of “Buy” and a consensus target price of $194.60.

Intercontinental Exchange Stock Performance

Shares of ICE opened at $169.12 on Monday. The firm has a market capitalization of $96.43 billion, a P/E ratio of 29.31, a P/E/G ratio of 2.04 and a beta of 1.02. Intercontinental Exchange Inc. has a 52 week low of $143.17 and a 52 week high of $189.35. The stock has a 50 day moving average price of $165.19 and a two-hundred day moving average price of $166.31. The company has a debt-to-equity ratio of 0.64, a quick ratio of 1.02 and a current ratio of 1.02.

Intercontinental Exchange (NYSE:ICE) last posted its earnings results on Thursday, February 5th. The financial services provider reported $1.71 earnings per share for the quarter, beating analysts’ consensus estimates of $1.67 by $0.04. Intercontinental Exchange had a return on equity of 13.99% and a net margin of 26.23%.The company had revenue of $3.14 billion for the quarter, compared to analyst estimates of $2.51 billion. During the same quarter last year, the company earned $1.52 earnings per share. The company’s revenue for the quarter was up 7.8% on a year-over-year basis. Equities analysts forecast that Intercontinental Exchange Inc. will post 6.73 earnings per share for the current fiscal year.

Intercontinental Exchange Dividend Announcement

The company also recently announced a quarterly dividend, which will be paid on Thursday, December 31st. Stockholders of record on Wednesday, December 16th will be paid a $0.52 dividend. The ex-dividend date is Wednesday, December 16th. This represents a $2.08 annualized dividend and a dividend yield of 1.2%. Intercontinental Exchange’s dividend payout ratio is presently 36.05%.

Key Headlines Impacting Intercontinental Exchange

Here are the key news stories impacting Intercontinental Exchange this week:

• Positive Sentiment: Q4 earnings and revenue beat — ICE reported adjusted EPS of $1.71 (vs. ~$1.67 est.) and revenue of $3.14B, with record revenues and operating income, supporting upside to near-term earnings expectations. ICE Q4 Earnings Beat
• Positive Sentiment: Dividend increased — Board approved an 8% raise to the quarterly dividend ($0.52/share), signaling confidence in cash flow and returning capital to shareholders. Dividend Increase Announcement
• Positive Sentiment: Record energy-market volumes — ICE said January saw record hedging/trading activity in its Midland WTI (HOU) and Canadian crude markets as participants manage shifting oil flows, which boosts exchange volumes and fee revenue. Record Oil Market Activity
• Positive Sentiment: Mortgage-technology strength — ICE reported its strongest mortgage revenue quarter in 3+ years and added UWM to its Mortgage Servicing Platform, supporting growth in recurring, non-trading revenue. ICE Mortgage Results
• Positive Sentiment: Earnings call tone and guidance items — Management highlighted a strong year and provided an expense guide that analysts interpreted as constructive for margins and free cash flow. Earnings Call Transcript
• Neutral Sentiment: Sector outlook note — A Zacks industry piece names ICE among exchanges likely to benefit from higher volatility, crypto adoption and tech investments; positive tailwinds but industry-level rather than company-specific. Securities & Exchanges Stocks to Watch
• Neutral Sentiment: New listings on NYSE (e.g., Bob’s Discount Furniture IPO) are routine for the exchange business and modestly supportive of listings revenue over time. Bob’s Discount Furniture IPO

Insider Buying and Selling

In related news, Director Judith A. Sprieser sold 3,700 shares of the firm’s stock in a transaction dated Friday, December 5th. The shares were sold at an average price of $157.96, for a total transaction of $584,452.00. Following the transaction, the director directly owned 14,469 shares of the company’s stock, valued at $2,285,523.24. This trade represents a 20.36% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. Also, CTO Mayur Kapani sold 5,345 shares of the company’s stock in a transaction dated Monday, December 8th. The stock was sold at an average price of $156.67, for a total transaction of $837,401.15. Following the completion of the sale, the chief technology officer directly owned 65,240 shares of the company’s stock, valued at $10,221,150.80. The trade was a 7.57% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Insiders have sold a total of 166,068 shares of company stock valued at $25,470,702 over the last 90 days. 1.00% of the stock is currently owned by company insiders.

About Intercontinental Exchange

Intercontinental Exchange (NYSE: ICE) is a global operator of exchanges, clearing houses and data services that provides infrastructure for the trading, clearing, settlement and information needs of financial and commodity markets. Founded in 2000 by Jeffrey C. Sprecher as an electronic energy trading platform, the company has grown through organic expansion and acquisitions to operate a broad portfolio of assets spanning listed equities, futures and options, fixed income, and over-the-counter derivatives.