Twin Capital Management Inc. Sells 3,067 Shares of Intercontinental Exchange Inc. $ICE

Twin Capital Management Inc. cut its holdings in shares of Intercontinental Exchange Inc. (NYSE:ICE) by 46.6% during the 3rd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 3,513 shares of the financial services provider’s stock after selling 3,067 shares during the period. Twin Capital Management Inc.’s holdings in Intercontinental Exchange were worth $592,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other institutional investors and hedge funds have also recently added to or reduced their stakes in ICE. Princeton Global Asset Management LLC bought a new position in shares of Intercontinental Exchange during the 2nd quarter valued at about $28,000. Westside Investment Management Inc. acquired a new stake in Intercontinental Exchange during the 2nd quarter worth approximately $29,000. Knuff & Co LLC lifted its stake in Intercontinental Exchange by 73.3% in the second quarter. Knuff & Co LLC now owns 175 shares of the financial services provider’s stock valued at $32,000 after buying an additional 74 shares in the last quarter. Private Wealth Management Group LLC boosted its holdings in shares of Intercontinental Exchange by 59.5% in the third quarter. Private Wealth Management Group LLC now owns 177 shares of the financial services provider’s stock valued at $30,000 after buying an additional 66 shares during the period. Finally, Gables Capital Management Inc. boosted its holdings in shares of Intercontinental Exchange by 100.0% in the second quarter. Gables Capital Management Inc. now owns 250 shares of the financial services provider’s stock valued at $46,000 after buying an additional 125 shares during the period. 89.30% of the stock is owned by institutional investors and hedge funds.

Insider Buying and Selling

In other news, Director Judith A. Sprieser sold 3,700 shares of the business’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 in the company, valued at $2,285,523.24. The trade was a 20.36% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. Also, General Counsel Andrew J. Surdykowski sold 2,081 shares of the company’s stock in a transaction dated Tuesday, November 11th. The shares were sold at an average price of $151.00, for a total transaction of $314,231.00. Following the completion of the sale, the general counsel directly owned 44,212 shares in the company, valued at approximately $6,676,012. The trade was a 4.50% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Over the last quarter, insiders have sold 166,068 shares of company stock worth $25,470,702. Corporate insiders own 1.00% of the company’s stock.

Key Stories 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

Intercontinental Exchange Stock Performance

ICE opened at $169.12 on Friday. The business’s 50-day simple moving average is $165.19 and its 200 day simple moving average is $166.41. 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 1.01 and a current ratio of 1.02. The firm has a market capitalization of $96.43 billion, a PE ratio of 29.31, a PEG ratio of 2.04 and a beta of 1.02.

Intercontinental Exchange (NYSE:ICE) last posted its quarterly earnings results on Thursday, February 5th. The financial services provider reported $1.71 earnings per share for the quarter, topping 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 firm had revenue of $3.14 billion for the quarter, compared to analyst estimates of $2.51 billion. During the same quarter in the previous year, the firm earned $1.52 EPS. The business’s quarterly revenue was up 7.8% on a year-over-year basis. As a group, sell-side analysts expect that Intercontinental Exchange Inc. will post 6.73 earnings per share for the current fiscal year.

Intercontinental Exchange Dividend Announcement

The company also recently declared a quarterly dividend, which will be paid on Thursday, December 31st. Shareholders 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 dividend on an annualized basis and a yield of 1.2%. Intercontinental Exchange’s dividend payout ratio (DPR) is currently 34.97%.

Wall Street Analyst Weigh In

Several research firms recently commented on ICE. Weiss Ratings reaffirmed a “buy (b-)” rating on shares of Intercontinental Exchange in a research report on Monday, December 29th. Raymond James Financial reissued a “strong-buy” rating and issued a $211.00 price target on shares of Intercontinental Exchange in a research note on Tuesday, January 6th. Piper Sandler restated an “overweight” rating and issued a $195.00 price target (down from $202.00) on shares of Intercontinental Exchange in a report on Wednesday, January 14th. Barclays set a $193.00 price objective on Intercontinental Exchange and gave the stock an “overweight” rating in a report on Friday. Finally, TD Cowen restated a “buy” rating on shares of Intercontinental Exchange in a research note on Friday. One research analyst has rated the stock with a Strong Buy rating, nine have assigned a Buy rating and one has given a Hold rating to the stock. Based on data from MarketBeat.com, Intercontinental Exchange has a consensus rating of “Buy” and a consensus target price of $194.60.

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.