J.W. Cole Advisors Inc. Has $473,000 Holdings in Intercontinental Exchange Inc. $ICE

J.W. Cole Advisors Inc. trimmed its holdings in shares of Intercontinental Exchange Inc. (NYSE:ICE) by 73.0% in the third quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 2,808 shares of the financial services provider’s stock after selling 7,592 shares during the period. J.W. Cole Advisors Inc.’s holdings in Intercontinental Exchange were worth $473,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors have also modified their holdings of the company. Norges Bank bought a new stake in Intercontinental Exchange during the 2nd quarter worth about $1,542,780,000. Sands Capital Management LLC lifted its position in Intercontinental Exchange by 97.3% in the 2nd quarter. Sands Capital Management LLC now owns 5,313,039 shares of the financial services provider’s stock valued at $974,783,000 after acquiring an additional 2,620,310 shares in the last quarter. C WorldWide Group Holding A S boosted its position in shares of Intercontinental Exchange by 29,199.5% during the second quarter. C WorldWide Group Holding A S now owns 1,652,201 shares of the financial services provider’s stock worth $303,129,000 after buying an additional 1,646,562 shares during the period. Mawer Investment Management Ltd. raised its holdings in shares of 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 valued at $416,544,000 after purchasing an additional 1,586,620 shares during the last quarter. Finally, Arrowstreet Capital Limited Partnership lifted its position in Intercontinental Exchange by 55.6% during 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 buying an additional 994,316 shares in the last quarter. Institutional investors and hedge funds own 89.30% of the company’s stock.

More Intercontinental Exchange News

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

• Positive Sentiment: Zero blockchain partnership — ICE is a named partner and strategic infrastructure collaborator on LayerZero’s new “Zero” blockchain alongside Citadel Securities and the DTCC, a move that signals long-term involvement in tokenization and market infrastructure for digital assets. This could expand ICE’s addressable market in blockchain-based post-trade and data services. LayerZero Announces Zero Blockchain
• Positive Sentiment: EU benchmarks recognition — ICE Benchmark Administration received recognition under the EU Benchmarks Regulation, reducing regulatory friction for its benchmark business in Europe and helping preserve benchmark-related revenue streams. Benchmark Recognition Article
• Positive Sentiment: Treasury clearing approval / capital returns narrative — recent coverage highlights ICE’s new treasury-clearing capabilities and potential for stronger capital returns, which could materially improve free cash flow dynamics and shareholder returns over time. Treasury Clearing and Capital Returns
• Neutral Sentiment: Product/service updates — ICE rolled out an updated MSP user experience and expanded servicing automation, incremental improvements that support customer retention and operational efficiency but are unlikely to move near-term revenue materially. MSP User Experience Launch
• Neutral Sentiment: ICE Mortgage Monitor — the firm’s February Mortgage Monitor highlights refinance opportunities and improved affordability, reinforcing ICE’s recurring data/analytics relevance to mortgage markets. Useful for the data business but not an immediate earnings surprise. ICE Mortgage Monitor
• Neutral Sentiment: Conference presentations — transcripts from UBS and Bank of America conferences are out; they typically reiterate strategy and outlook (helpful for longer-term conviction but rarely trigger big moves absent new guidance). UBS Conference Transcript BofA Conference Transcript
• Negative Sentiment: Insider sale — Director Judith Sprieser sold 4,722 shares (~32.6% reduction in her stake), which can be perceived negatively by some investors as signaling near-term insider liquidity/conviction concerns even though single sales aren’t uncommon. Filing: SEC/MarketBeat. Insider Sale SEC Filing

Insiders Place Their Bets

In other news, SVP Douglas Foley sold 1,600 shares of the business’s stock in a transaction on Friday, December 12th. The shares were sold at an average price of $163.20, for a total transaction of $261,120.00. Following the sale, the senior vice president owned 24,196 shares in the company, valued at approximately $3,948,787.20. The trade was a 6.20% decrease in their position. The sale was disclosed in a filing with the SEC, which is accessible through the SEC website. Also, Director Judith A. Sprieser sold 4,722 shares of the firm’s stock in a transaction on Thursday, February 5th. The shares were sold at an average price of $169.19, for a total value of $798,915.18. Following the transaction, the director owned 9,747 shares of the company’s stock, valued at $1,649,094.93. The trade was a 32.64% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Over the last 90 days, insiders have sold 168,709 shares of company stock worth $25,955,387. 1.00% of the stock is currently owned by insiders.

Intercontinental Exchange Stock Performance

NYSE ICE opened at $164.84 on Wednesday. The company has a market capitalization of $93.61 billion, a PE ratio of 28.57, a price-to-earnings-growth ratio of 2.03 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 company has a debt-to-equity ratio of 0.64, a quick ratio of 1.02 and a current ratio of 1.02. The company has a 50-day simple moving average of $165.63 and a 200 day simple moving average of $166.07.

Intercontinental Exchange (NYSE:ICE) last issued its earnings results on Thursday, February 5th. The financial services provider reported $1.71 EPS for the quarter, topping the consensus estimate of $1.67 by $0.04. The business had revenue of $3.14 billion during the quarter, compared to the consensus estimate of $2.51 billion. Intercontinental Exchange had a return on equity of 13.99% and a net margin of 26.23%.The firm’s revenue was up 7.8% compared to the same quarter last year. During the same quarter last year, the company earned $1.52 EPS. On average, research analysts predict that Intercontinental Exchange Inc. will post 6.73 EPS for the current year.

Intercontinental Exchange Announces Dividend

The business also recently disclosed 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 is Wednesday, December 16th. This represents a $2.08 annualized dividend and a dividend yield of 1.3%. Intercontinental Exchange’s payout ratio is currently 33.28%.

Wall Street Analyst Weigh In

Several equities analysts recently weighed in on ICE shares. Wall Street Zen raised shares of Intercontinental Exchange from a “sell” rating to a “hold” rating in a research note on Saturday. TD Cowen reaffirmed a “buy” rating on shares of Intercontinental Exchange in a research report on Friday. Barclays set a $193.00 price objective on shares of Intercontinental Exchange and gave the stock an “overweight” rating in a research report on Friday. JPMorgan Chase & Co. reduced their price objective on Intercontinental Exchange from $202.00 to $180.00 and set an “overweight” rating on the stock in a research note on Friday, October 31st. Finally, Morgan Stanley set a $183.00 target price on shares of Intercontinental Exchange and gave the company an “equal weight” rating in a research report on Tuesday. One 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. According to MarketBeat.com, Intercontinental Exchange presently has an average rating of “Buy” and an average target price of $195.40.

Intercontinental Exchange Company 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.