Blair William & Co. IL Sells 23,120 Shares of Intercontinental Exchange Inc. $ICE

Blair William & Co. IL decreased its holdings in Intercontinental Exchange Inc. (NYSE:ICE) by 1.3% during the 3rd quarter, according to the company in its most recent filing with the SEC. The institutional investor owned 1,729,769 shares of the financial services provider’s stock after selling 23,120 shares during the quarter. Intercontinental Exchange accounts for approximately 0.8% of Blair William & Co. IL’s investment portfolio, making the stock its 27th biggest holding. Blair William & Co. IL owned 0.30% of Intercontinental Exchange worth $291,431,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors have also recently added to or reduced their stakes in ICE. Brighton Jones LLC boosted its position in shares of Intercontinental Exchange by 51.3% during the fourth quarter. Brighton Jones LLC now owns 3,448 shares of the financial services provider’s stock valued at $514,000 after buying an additional 1,169 shares during the last quarter. Empowered Funds LLC lifted its stake in Intercontinental Exchange by 9.0% during the 1st quarter. Empowered Funds LLC now owns 14,396 shares of the financial services provider’s stock valued at $2,483,000 after acquiring an additional 1,189 shares in the last quarter. Sivia Capital Partners LLC lifted its stake in Intercontinental Exchange by 16.2% during the 2nd quarter. Sivia Capital Partners LLC now owns 2,078 shares of the financial services provider’s stock valued at $381,000 after acquiring an additional 289 shares in the last quarter. Claro Advisors LLC boosted its holdings in Intercontinental Exchange by 31.4% during the 2nd quarter. Claro Advisors LLC now owns 1,879 shares of the financial services provider’s stock worth $345,000 after acquiring an additional 449 shares during the last quarter. Finally, Atlantic Union Bankshares Corp grew its stake in shares of Intercontinental Exchange by 434.5% in the 2nd quarter. Atlantic Union Bankshares Corp now owns 20,520 shares of the financial services provider’s stock worth $3,765,000 after acquiring an additional 16,681 shares in the last quarter. 89.30% of the stock is owned by institutional investors.

Intercontinental Exchange News Roundup

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

• Positive Sentiment: ICE made a minority investment in OKX (implied OKX valuation $25B), secured a board seat and outlined plans to bring NYSE-linked tokenized equities, license OKX spot crypto price data for U.S. futures, and expand tokenized markets — a strategic push into blockchain-driven product revenue and distribution. NYSE Owner Invests in Crypto Exchange OKX (Reuters)
• Positive Sentiment: Deutsche Bank upgraded ICE from “hold” to “buy” with a $188 price target (~13% upside to current levels), giving the stock an analyst-driven catalyst that can support further buying interest. Deutsche Bank Upgrades ICE (StreetInsider)
• Positive Sentiment: Market reaction: OKB and other related tokens jumped sharply after the announcement, signaling enthusiastic crypto-market response that can boost sentiment around ICE’s on-chain strategy. OKB surges 41% after ICE investment (MSN)
• Neutral Sentiment: Analyst coverage/notes: Argus and other research outlets published takes on ICE this morning — useful context for earnings and valuation comparisons but not single-handedly market-moving. Analyst Report: Intercontinental Exchange Inc (Argus via Yahoo)
• Negative Sentiment: Regulatory and valuation scrutiny: coverage highlights concerns about ICE’s moves into prediction markets, tokenized securities and whether current multiples are justified by near-term earnings growth — a potential headwind if regulators or investors push back. ICE Faces Scrutiny Over Prediction Markets (Yahoo)
• Negative Sentiment: Valuation caution from independent commentary: pieces note that ICE’s current multiples may outpace its earnings growth, underscoring execution risk and the possibility of multiple compression if growth disappoints. ICE: Multiples Outpace Earnings Growth (Seeking Alpha)

Analyst Ratings Changes

A number of research analysts recently weighed in on ICE shares. Royal Bank Of Canada reissued an “outperform” rating and set a $180.00 price target on shares of Intercontinental Exchange in a research report on Tuesday, January 6th. Barclays set a $193.00 price target on shares of Intercontinental Exchange and gave the stock an “overweight” rating in a report on Friday, February 6th. Raymond James Financial reissued a “strong-buy” rating and set a $211.00 price objective on shares of Intercontinental Exchange in a report on Tuesday, January 6th. Piper Sandler reissued an “overweight” rating and issued a $195.00 target price (down from $202.00) on shares of Intercontinental Exchange in a research report on Wednesday, January 14th. Finally, Weiss Ratings restated a “buy (b-)” rating on shares of Intercontinental Exchange in a research note on Monday, December 29th. One analyst has rated the stock with a Strong Buy rating, ten have assigned a Buy rating and one has given a Hold rating to the stock. According to MarketBeat, the company presently has a consensus rating of “Buy” and an average target price of $194.73.

Insider Activity at Intercontinental Exchange

In other Intercontinental Exchange news, General Counsel Andrew J. Surdykowski sold 4,571 shares of the firm’s stock in a transaction dated Thursday, February 26th. The stock was sold at an average price of $162.00, for a total value of $740,502.00. Following the sale, the general counsel owned 48,181 shares of the company’s stock, valued at $7,805,322. This trade represents a 8.67% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is available at this link. Also, CFO Warren Gardiner sold 2,490 shares of the business’s stock in a transaction dated Thursday, February 19th. The stock was sold at an average price of $154.00, for a total value of $383,460.00. Following the transaction, the chief financial officer directly owned 27,679 shares of the company’s stock, valued at $4,262,566. The trade was a 8.25% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Insiders have sold 355,363 shares of company stock valued at $55,295,152 in the last ninety days. 1.00% of the stock is currently owned by corporate insiders.

Intercontinental Exchange Stock Up 1.2%

Intercontinental Exchange stock opened at $166.00 on Friday. The firm has a 50 day simple moving average of $164.74 and a 200 day simple moving average of $163.01. The company has a current ratio of 1.02, a quick ratio of 1.02 and a debt-to-equity ratio of 0.64. Intercontinental Exchange Inc. has a 1-year low of $143.17 and a 1-year high of $189.35. The firm has a market capitalization of $94.27 billion, a price-to-earnings ratio of 28.77, a P/E/G ratio of 1.71 and a beta of 1.03.

Intercontinental Exchange (NYSE:ICE) last posted its quarterly earnings results on Thursday, February 5th. The financial services provider reported $1.71 EPS for the quarter, topping 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 during the quarter, compared to analyst estimates of $2.51 billion. During the same period last year, the company earned $1.52 earnings per share. The business’s revenue for the quarter was up 7.8% on a year-over-year basis. On average, analysts predict that Intercontinental Exchange Inc. will post 6.73 earnings per share for the current year.

Intercontinental Exchange Dividend Announcement

The firm also recently disclosed a quarterly dividend, which will be paid on Thursday, December 31st. Investors of record on Wednesday, December 16th will be given a $0.52 dividend. This represents a $2.08 dividend on an annualized basis and a dividend yield of 1.3%. The ex-dividend date is Wednesday, December 16th. Intercontinental Exchange’s dividend payout ratio (DPR) is 33.28%.

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.