Walleye Capital LLC Purchases Shares of 20,166 Morningstar, Inc. $MORN

Walleye Capital LLC acquired a new stake in shares of Morningstar, Inc. (NASDAQ:MORN) in the first quarter, Holdings Channel.com reports. The fund acquired 20,166 shares of the business services provider’s stock, valued at approximately $3,409,000.

Other large investors have also modified their holdings of the company. Thurston Springer Miller Herd & Titak Inc. acquired a new position in shares of Morningstar in the 4th quarter valued at $25,000. Measured Wealth Private Client Group LLC acquired a new stake in Morningstar during the 3rd quarter worth about $26,000. Cassaday & Co Wealth Management LLC acquired a new stake in Morningstar during the 1st quarter worth about $26,000. Osterweis Capital Management Inc. purchased a new stake in Morningstar during the second quarter valued at about $29,000. Finally, V Square Quantitative Management LLC purchased a new stake in Morningstar during the fourth quarter valued at about $35,000. 57.02% of the stock is owned by institutional investors.

Key Morningstar News

Here are the key news stories impacting Morningstar this week:

• Positive Sentiment: Morningstar launched its new U.S. Capital Allocation Leaders Index, a research-driven index aimed at identifying companies with strong shareholder-friendly capital allocation practices. That expands Morningstar’s index and data offerings and could help support licensing and product revenue. Morningstar Launches US Capital Allocation Leaders Index, Providing Exposure to Companies with Exemplary Capital Allocation Practices
• Positive Sentiment: Global X rebranded its KRMA ETF into CPTL and lowered fees while adopting Morningstar’s new Capital Allocation Leaders Index, which increases visibility for Morningstar’s index methodology and may encourage additional ETF adoption. QUICK SPARK: Global X Rebrands KRMA Into CPTL, Powered By Morningstar’s New Capital Allocation Index
• Positive Sentiment: Some coverage highlighted Morningstar’s view that Nike could still have meaningful upside, reinforcing Morningstar’s influence as an investment-research source. Nike Continues a Troubled 2026 But Has Potential to Double According to Morningstar
• Neutral Sentiment: Morningstar DBRS said wildfires are not expected to create severe losses for the insurance industry. This is more of a market-risk assessment than a direct catalyst for Morningstar’s stock. Wildfires not resulting in severe losses for insurance industry: Morningstar DBRS
• Neutral Sentiment: There was also a prior note that Morningstar shares had pulled back recently, with some quant-style commentary suggesting the stock may be undervalued. That may provide some support, but it is not a fresh operating catalyst. Is Morningstar Inc (MORN) a Bargain After 3.5% Drop? GF Value Says Undervalued

Morningstar Trading Up 0.4%

Shares of NASDAQ MORN opened at $167.57 on Friday. Morningstar, Inc. has a one year low of $141.49 and a one year high of $289.63. The firm has a market capitalization of $6.37 billion, a PE ratio of 17.06 and a beta of 1.01. The company has a current ratio of 1.03, a quick ratio of 1.03 and a debt-to-equity ratio of 1.66. The business has a 50-day moving average price of $170.48 and a two-hundred day moving average price of $178.16.

Morningstar (NASDAQ:MORN) last released its earnings results on Wednesday, April 29th. The business services provider reported $3.18 earnings per share for the quarter, beating the consensus estimate of $2.41 by $0.77. The company had revenue of $644.80 million for the quarter, compared to analysts’ expectations of $626.91 million. Morningstar had a return on equity of 33.14% and a net margin of 16.06%.

Insider Buying and Selling

In related news, Chairman Joseph D. Mansueto sold 7,250 shares of the business’s stock in a transaction that occurred on Wednesday, May 6th. The shares were sold at an average price of $166.23, for a total transaction of $1,205,167.50. Following the transaction, the chairman directly owned 8,114,492 shares of the company’s stock, valued at approximately $1,348,872,005.16. The trade was a 0.09% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is accessible through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders have sold 64,720 shares of company stock worth $11,169,471 over the last quarter. Insiders own 38.80% of the company’s stock.

Analysts Set New Price Targets

Several research analysts have recently weighed in on MORN shares. Wall Street Zen raised shares of Morningstar from a “hold” rating to a “buy” rating in a research report on Sunday, June 21st. Rothschild & Co Redburn set a $210.00 price target on shares of Morningstar in a research report on Thursday, June 18th. BMO Capital Markets reaffirmed an “outperform” rating and issued a $212.00 price objective on shares of Morningstar in a research note on Friday, June 26th. Weiss Ratings upgraded shares of Morningstar from a “sell (d+)” rating to a “hold (c-)” rating in a research report on Wednesday, July 15th. Finally, UBS Group cut their target price on shares of Morningstar from $280.00 to $260.00 and set a “buy” rating on the stock in a research note on Tuesday, July 7th. Two equities research analysts have rated the stock with a Buy rating and one has given a Hold rating to the company. Based on data from MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy” and an average target price of $227.33.

Morningstar Company Profile

Morningstar, Inc is a leading provider of independent investment research, data, and analytics, serving both individual investors and financial professionals. The company offers comprehensive coverage of financial products, including mutual funds, exchange-traded funds (ETFs), stocks, bonds and market indexes. Morningstar’s proprietary rating systems and research methodologies help clients assess the risk and return profiles of investment opportunities and make informed decisions.

Its core products include Morningstar Direct, an institutional investment analysis platform; Morningstar Office Cloud, a portfolio management solution for advisors; and Morningstar Data, which delivers extensive datasets through APIs and data feeds.