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

Jones Financial Companies Lllp increased its stake in Intercontinental Exchange Inc. (NYSE:ICE) by 26.7% during the third quarter, according to its most recent filing with the SEC. The fund owned 14,500 shares of the financial services provider’s stock after buying an additional 3,055 shares during the quarter. Jones Financial Companies Lllp’s holdings in Intercontinental Exchange were worth $2,433,000 at the end of the most recent quarter.

Other large investors have also added to or reduced their stakes in the company. Norges Bank purchased a new position in Intercontinental Exchange in the second quarter valued at approximately $1,542,780,000. Sands Capital Management LLC raised its stake in shares of Intercontinental Exchange by 97.3% in the second quarter. Sands Capital Management LLC now owns 5,313,039 shares of the financial services provider’s stock valued at $974,783,000 after buying an additional 2,620,310 shares during the period. C WorldWide Group Holding A S lifted its position in shares of Intercontinental Exchange by 29,199.5% during the 2nd quarter. C WorldWide Group Holding A S now owns 1,652,201 shares of the financial services provider’s stock valued at $303,129,000 after buying an additional 1,646,562 shares during the last quarter. Mawer Investment Management Ltd. grew its stake in shares of Intercontinental Exchange by 179.1% during the 3rd quarter. Mawer Investment Management Ltd. now owns 2,472,366 shares of the financial services provider’s stock worth $416,544,000 after acquiring an additional 1,586,620 shares during the period. Finally, Arrowstreet Capital Limited Partnership increased its holdings in Intercontinental Exchange by 55.6% in the 2nd quarter. Arrowstreet Capital Limited Partnership now owns 2,781,542 shares of the financial services provider’s stock worth $510,330,000 after acquiring an additional 994,316 shares during the last quarter. Hedge funds and other institutional investors own 89.30% of the company’s stock.

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

Intercontinental Exchange Stock Up 0.5%

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 price-to-earnings-growth ratio of 2.04 and a beta of 1.02. Intercontinental Exchange Inc. has a one year low of $143.17 and a one year high of $189.35. The company has a fifty day moving average price of $165.19 and a 200-day moving average price of $166.31. The company has a debt-to-equity ratio of 0.64, a current ratio of 1.02 and a quick ratio of 1.02.

Intercontinental Exchange (NYSE:ICE) last posted its quarterly earnings data on Thursday, February 5th. The financial services provider reported $1.71 earnings per share (EPS) for the quarter, beating the consensus estimate 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 during 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 firm’s quarterly revenue was up 7.8% on a year-over-year basis. Equities research analysts expect that Intercontinental Exchange Inc. will post 6.73 earnings per share for the current fiscal year.

Intercontinental Exchange Dividend Announcement

The business 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 annualized dividend and a dividend yield of 1.2%. The ex-dividend date is Wednesday, December 16th. Intercontinental Exchange’s dividend payout ratio is 36.05%.

Wall Street Analyst Weigh In

ICE has been the topic of several recent research reports. TD Cowen reaffirmed a “buy” rating on shares of Intercontinental Exchange in a report on Friday. Barclays set a $193.00 price objective on shares of Intercontinental Exchange and gave the stock an “overweight” rating in a report on Friday. Wall Street Zen raised shares of Intercontinental Exchange from a “sell” rating to a “hold” rating in a report on Saturday. JPMorgan Chase & Co. cut their price target on Intercontinental Exchange from $202.00 to $180.00 and set an “overweight” rating for the company in a report on Friday, October 31st. Finally, Piper Sandler reiterated an “overweight” rating and issued a $195.00 price target (down from $202.00) on shares of Intercontinental Exchange in a research report on Wednesday, January 14th. One research analyst has rated the stock with a Strong Buy rating, nine have assigned a Buy rating and one has assigned a Hold rating to the stock. According to data from MarketBeat.com, the company currently has a consensus rating of “Buy” and an average target price of $194.60.

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.