Wilson Asset Management International PTY Ltd. Sells 6,097 Shares of Intercontinental Exchange Inc. $ICE

Wilson Asset Management International PTY Ltd. cut its holdings in Intercontinental Exchange Inc. (NYSE:ICE) by 4.7% during the third quarter, according to its most recent Form 13F filing with the SEC. The firm owned 124,446 shares of the financial services provider’s stock after selling 6,097 shares during the period. Intercontinental Exchange accounts for approximately 5.2% of Wilson Asset Management International PTY Ltd.’s portfolio, making the stock its 4th biggest holding. Wilson Asset Management International PTY Ltd.’s holdings in Intercontinental Exchange were worth $20,967,000 at the end of the most recent quarter.

Other hedge funds have also recently added to or reduced their stakes in the company. Optivise Advisory Services LLC lifted its holdings in shares of Intercontinental Exchange by 3.1% during the second quarter. Optivise Advisory Services LLC now owns 1,794 shares of the financial services provider’s stock worth $329,000 after buying an additional 54 shares during the last quarter. ICONIQ Capital LLC grew its stake in shares of Intercontinental Exchange by 2.2% in the second quarter. ICONIQ Capital LLC now owns 2,621 shares of the financial services provider’s stock worth $481,000 after acquiring an additional 56 shares during the last quarter. SBI Securities Co. Ltd. increased its position in Intercontinental Exchange by 5.0% during the second quarter. SBI Securities Co. Ltd. now owns 1,207 shares of the financial services provider’s stock worth $221,000 after acquiring an additional 58 shares during the period. Ledyard National Bank raised its stake in Intercontinental Exchange by 4.3% during the 2nd quarter. Ledyard National Bank now owns 1,512 shares of the financial services provider’s stock valued at $277,000 after purchasing an additional 62 shares during the last quarter. Finally, Elyxium Wealth LLC boosted its holdings in Intercontinental Exchange by 1.2% in the 2nd quarter. Elyxium Wealth LLC now owns 5,087 shares of the financial services provider’s stock valued at $933,000 after purchasing an additional 62 shares during the period. Institutional investors own 89.30% of the company’s stock.

Intercontinental Exchange Trading Up 0.5%

Shares of ICE opened at $169.12 on Monday. The company has a current ratio of 1.02, a quick ratio of 1.02 and a debt-to-equity ratio of 0.64. The stock has a market cap of $96.43 billion, a PE ratio of 29.31, a PEG ratio of 2.04 and a beta of 1.02. Intercontinental Exchange Inc. has a 1 year low of $143.17 and a 1 year high of $189.35. The stock has a 50 day simple moving average of $165.19 and a 200-day simple moving average of $166.31.

Intercontinental Exchange (NYSE:ICE) last announced its quarterly 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 firm had revenue of $3.14 billion for the quarter, compared to analysts’ expectations of $2.51 billion. During the same period in the prior year, the business posted $1.52 earnings per share. The business’s revenue was up 7.8% compared to the same quarter last year. On average, sell-side analysts predict that Intercontinental Exchange Inc. will post 6.73 EPS 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 issued a $0.52 dividend. The ex-dividend date of this dividend 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%.

Wall Street Analyst Weigh In

ICE has been the topic of several research reports. UBS Group restated a “buy” rating on shares of Intercontinental Exchange in a report on Wednesday, January 7th. Barclays set a $193.00 price target on Intercontinental Exchange and gave the company an “overweight” rating in a report on Friday. Weiss Ratings reissued a “buy (b-)” rating on shares of Intercontinental Exchange in a report on Monday, December 29th. TD Cowen restated a “buy” rating on shares of Intercontinental Exchange in a research report on Friday. Finally, Wall Street Zen raised Intercontinental Exchange from a “sell” rating to a “hold” rating in a research report on Saturday. One investment analyst has rated the stock with a Strong Buy rating, nine have issued a Buy rating and one has assigned a Hold rating to the stock. Based on data from MarketBeat, the stock has a consensus rating of “Buy” and an average target price of $194.60.

More Intercontinental Exchange News

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 at Intercontinental Exchange

In related news, CTO Mayur Kapani sold 5,345 shares of Intercontinental Exchange stock in a transaction dated Monday, December 8th. The shares were sold at an average price of $156.67, for a total transaction of $837,401.15. Following the completion of the transaction, the chief technology officer directly owned 65,240 shares of the company’s stock, valued at $10,221,150.80. This trade represents a 7.57% decrease in their position. The sale was disclosed in a document filed with the SEC, which is available at this hyperlink. Also, CFO Warren Gardiner sold 1,572 shares of the company’s stock in a transaction dated Thursday, November 20th. The stock was sold at an average price of $153.65, for a total transaction of $241,537.80. Following the sale, the chief financial officer directly owned 20,534 shares in the company, valued at $3,155,049.10. This represents a 7.11% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Insiders have sold a total of 166,068 shares of company stock worth $25,470,702 over the last ninety days. Company insiders own 1.00% of the company’s stock.

Intercontinental Exchange Profile

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.