Quantinno Capital Management LP increased its position in ICL Group Ltd. (NYSE:ICL – Free Report) by 19.6% in the first quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The fund owned 942,340 shares of the basic materials company’s stock after acquiring an additional 154,459 shares during the period. Quantinno Capital Management LP owned about 0.07% of ICL Group worth $4,865,000 at the end of the most recent reporting period.
Several other hedge funds and other institutional investors have also added to or reduced their stakes in ICL. Norges Bank bought a new stake in shares of ICL Group in the 4th quarter worth $122,297,000. Altshuler Shaham Ltd lifted its holdings in shares of ICL Group by 96.6% during the fourth quarter. Altshuler Shaham Ltd now owns 26,349,667 shares of the basic materials company’s stock valued at $151,160,000 after purchasing an additional 12,946,737 shares in the last quarter. Clal Insurance Enterprises Holdings Ltd boosted its position in shares of ICL Group by 42.3% during the fourth quarter. Clal Insurance Enterprises Holdings Ltd now owns 19,537,777 shares of the basic materials company’s stock valued at $112,054,000 after buying an additional 5,805,699 shares during the last quarter. Goldman Sachs Group Inc. boosted its position in shares of ICL Group by 120.2% during the first quarter. Goldman Sachs Group Inc. now owns 4,153,799 shares of the basic materials company’s stock valued at $23,635,000 after buying an additional 2,267,245 shares during the last quarter. Finally, Kranot Hishtalmut Le Morim Ve Gananot Havera Menahelet LTD increased its holdings in ICL Group by 32.3% in the 4th quarter. Kranot Hishtalmut Le Morim Ve Gananot Havera Menahelet LTD now owns 6,060,600 shares of the basic materials company’s stock worth $34,768,000 after buying an additional 1,481,084 shares in the last quarter. 13.38% of the stock is owned by institutional investors.
ICL Group Trading Up 0.9%
Shares of NYSE:ICL opened at $5.28 on Friday. The stock has a market capitalization of $6.81 billion, a price-to-earnings ratio of 21.98 and a beta of 0.96. The company has a debt-to-equity ratio of 0.35, a quick ratio of 0.80 and a current ratio of 1.38. The stock’s 50-day simple moving average is $5.29 and its two-hundred day simple moving average is $5.44. ICL Group Ltd. has a 52-week low of $4.76 and a 52-week high of $6.97.
ICL Group Increases Dividend
The firm also recently announced a quarterly dividend, which will be paid on Wednesday, September 16th. Investors of record on Wednesday, September 2nd will be given a dividend of $0.0581 per share. This represents a $0.23 annualized dividend and a yield of 4.4%. This is a positive change from ICL Group’s previous quarterly dividend of $0.05. The ex-dividend date is Wednesday, September 2nd. ICL Group’s dividend payout ratio (DPR) is presently 80.00%.
Wall Street Analyst Weigh In
ICL has been the subject of a number of recent analyst reports. Weiss Ratings reissued a “hold (c)” rating on shares of ICL Group in a research report on Friday, July 31st. Wall Street Zen cut shares of ICL Group from a “buy” rating to a “hold” rating in a report on Saturday, August 1st. Finally, Barclays lowered their price objective on shares of ICL Group from $7.00 to $6.00 and set an “equal weight” rating on the stock in a research report on Monday, July 27th. Two research analysts have rated the stock with a Hold rating, Based on data from MarketBeat, ICL Group presently has an average rating of “Hold” and an average price target of $6.00.
Get Our Latest Report on ICL Group
Key Stories Impacting ICL Group
Here are the key news stories impacting ICL Group this week:
- Positive Sentiment: Q2 earnings and revenue beat estimates: ICL reported adjusted earnings of $0.12 per share, above the $0.11 consensus estimate and up from $0.09 a year earlier. Revenue reached approximately $2.13 billion–$2.14 billion, exceeding the $2.01 billion analyst forecast. ICL Group Surpasses Q2 Earnings and Revenue Estimates
- Positive Sentiment: Cost program targets substantial profit improvement: ICL launched its “Elevate” program, targeting $350 million in annual EBITDA improvement by the end of 2028. The initiative could support margins, cash flow and earnings if savings are successfully implemented. ICL Outlines Elevate Cost Program
- Positive Sentiment: Dividend increased: ICL declared a quarterly dividend of $0.0581 per share, an 8.6% increase from the prior $0.05 payment. The annualized yield is approximately 4.4%; the stock is scheduled to trade ex-dividend on September 2, with payment on September 16. ICL Group Dividend Information
- Neutral Sentiment: Investor focus shifts to execution: Despite the quarterly beat, ICL’s profitability remains relatively modest, with a reported net margin of 3.95% and return on equity of 8.44%. Investors will likely evaluate whether the Elevate savings can offset industry and commodity-related pressures. ICL Reports Second Quarter 2026 Results
ICL Group Profile
ICL Group is a global specialty minerals and chemicals company headquartered in Tel Aviv, Israel. Established in its current form through the consolidation of Israeli government–owned chemical operations, ICL has evolved into a publicly traded entity on the New York Stock Exchange (NYSE: ICL). The company’s origins date back to state-driven mineral extraction in the Negev and the Dead Sea region, and over the decades it has grown through strategic acquisitions, technological innovation and a gradual privatization process completed in the early 2010s.
ICL’s core operations are organized into three principal business areas.
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