Intercontinental Exchange Inc. $ICE Position Decreased by M.D. Sass LLC

M.D. Sass LLC cut its position in Intercontinental Exchange Inc. (NYSE:ICE) by 4.9% during the third quarter, according to its most recent Form 13F filing with the SEC. The firm owned 326,463 shares of the financial services provider’s stock after selling 16,970 shares during the period. Intercontinental Exchange makes up 4.5% of M.D. Sass LLC’s holdings, making the stock its 10th largest position. M.D. Sass LLC owned approximately 0.06% of Intercontinental Exchange worth $55,003,000 at the end of the most recent quarter.

Other institutional investors have also recently modified their holdings of the company. Princeton Global Asset Management LLC acquired a new stake in Intercontinental Exchange during the 2nd quarter valued at approximately $28,000. Westside Investment Management Inc. purchased a new position in shares of Intercontinental Exchange during the second quarter worth $29,000. Private Wealth Management Group LLC lifted its position in Intercontinental Exchange by 59.5% during the third quarter. Private Wealth Management Group LLC now owns 177 shares of the financial services provider’s stock valued at $30,000 after purchasing an additional 66 shares during the period. Knuff & Co LLC boosted its holdings 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 purchasing an additional 74 shares during the last quarter. Finally, Gables Capital Management Inc. boosted its holdings in 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 purchasing an additional 125 shares during the last quarter. 89.30% of the stock is currently owned by hedge funds and other institutional investors.

Key Intercontinental Exchange News

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

• Positive Sentiment: Q4 results beat expectations — ICE reported $1.71 EPS vs. $1.67 consensus and revenue of $3.14B (well above estimates), with operating income and margins expanding; investors are reacting to stronger-than-expected top- and bottom-line performance. ICE’s Q4 Earnings and Revenues Top Estimates, Dividend Raised
• Positive Sentiment: Record trading volumes driving revenue — January ADV was a record (ADV +23% y/y) and ICE reported its strongest trading month in history, supporting stronger futures and clearing revenue. Intercontinental Exchange Reports January Statistics
• Positive Sentiment: Mortgage-technology rebound — ICE posted its strongest mortgage revenue in over three years and added UWM to its MSP platform, reducing a prior source of concern for recurring technology revenue. ICE posts strongest mortgage tech quarter in three years, adds UWM to MSP
• Positive Sentiment: Dividend increase — the board raised the quarterly dividend 8% to $0.52/share (annualized $2.08), signaling confidence in cash flow and boosting yield-oriented buyer interest. Intercontinental Exchange Announces 8% Increase to its Quarterly Dividend
• Neutral Sentiment: Management color & expense guide — management delivered an expense guide on the call, giving more visibility into cost plans; useful for modeling but not an earnings surprise. Intercontinental Exchange tops Q4 earnings consensus, delivers expense guide
• Neutral Sentiment: Full materials available — transcript and slides from the Q4 call are posted for deeper review (useful for models and conference-call takeaways). Q4 2025 Earnings Call Transcript
• Negative Sentiment: Mortgage-market sensitivity remains a watch item — some analysts ask whether record trading volumes can fully offset mortgage-cycle volatility; mortgage headwinds could reappear if refinancing activity slows. ICE earnings up next: Can record volumes offset mortgage headwinds?

Intercontinental Exchange Price Performance

NYSE:ICE opened at $167.96 on Friday. The stock has a 50 day moving average of $164.96 and a two-hundred day moving average of $166.59. Intercontinental Exchange Inc. has a 12 month low of $143.17 and a 12 month high of $189.35. The firm has a market cap of $95.77 billion, a P/E ratio of 30.59, a price-to-earnings-growth ratio of 2.00 and a beta of 1.02. The company has a current ratio of 1.01, a quick ratio of 1.01 and a debt-to-equity ratio of 0.61.

Intercontinental Exchange (NYSE:ICE) last issued its quarterly earnings results on Thursday, February 5th. The financial services provider reported $1.71 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $1.67 by $0.04. Intercontinental Exchange had a return on equity of 13.79% and a net margin of 25.24%.The firm had revenue of $3.14 billion for the quarter, compared to analyst estimates of $2.51 billion. During the same period in the previous year, the company posted $1.52 earnings per share. The business’s revenue was up 7.8% on a year-over-year basis. On average, analysts expect that Intercontinental Exchange Inc. will post 6.73 earnings per share for the current fiscal year.

Intercontinental Exchange Announces Dividend

The firm also recently announced a quarterly dividend, which will be paid on Thursday, December 31st. Stockholders of record on Wednesday, December 16th will be issued a dividend of $0.52 per share. The ex-dividend date of this dividend is Wednesday, December 16th. This represents a $2.08 dividend on an annualized basis and a dividend yield of 1.2%. Intercontinental Exchange’s dividend payout ratio is presently 34.97%.

Wall Street Analyst Weigh In

A number of analysts have recently commented on ICE shares. Morgan Stanley set a $180.00 target price on Intercontinental Exchange and gave the stock an “equal weight” rating in a research note on Thursday, January 15th. Royal Bank Of Canada reiterated an “outperform” rating and issued a $180.00 price objective on shares of Intercontinental Exchange in a research report on Tuesday, January 6th. UBS Group restated a “buy” rating on shares of Intercontinental Exchange in a research report on Wednesday, January 7th. JPMorgan Chase & Co. lowered their price target on Intercontinental Exchange from $202.00 to $180.00 and set an “overweight” rating on the stock in a research report on Friday, October 31st. Finally, Piper Sandler restated an “overweight” rating and issued a $195.00 price objective (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 given a Hold rating to the company’s stock. According to data from MarketBeat.com, the company currently has an average rating of “Buy” and a consensus price target of $194.60.

Insider Buying and Selling at Intercontinental Exchange

In other news, SVP Douglas Foley sold 1,600 shares of the company’s stock in a transaction that occurred on Friday, December 12th. The stock was sold at an average price of $163.20, for a total value of $261,120.00. Following the completion of the sale, the senior vice president directly owned 24,196 shares in the company, valued at $3,948,787.20. This represents a 6.20% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. Also, CFO Warren Gardiner sold 1,572 shares of Intercontinental Exchange stock in a transaction that occurred on Thursday, November 20th. The stock was sold at an average price of $153.65, for a total value of $241,537.80. Following the transaction, the chief financial officer owned 20,534 shares in the company, valued at approximately $3,155,049.10. The trade was a 7.11% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Over the last three months, insiders have sold 166,068 shares of company stock valued at $25,470,702. 1.00% of the stock is owned by company insiders.

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.