Nordea Investment Management AB Sells 11,584 Shares of Morningstar, Inc. $MORN

Nordea Investment Management AB lessened its holdings in Morningstar, Inc. (NASDAQ:MORN) by 13.1% during the fourth quarter, Holdings Channel.com reports. The institutional investor owned 76,524 shares of the business services provider’s stock after selling 11,584 shares during the quarter. Nordea Investment Management AB’s holdings in Morningstar were worth $16,674,000 as of its most recent filing with the Securities & Exchange Commission.

Other institutional investors also recently modified their holdings of the company. AQR Capital Management LLC increased its position in shares of Morningstar by 106.9% during the third quarter. AQR Capital Management LLC now owns 608,244 shares of the business services provider’s stock valued at $141,119,000 after acquiring an additional 314,275 shares during the last quarter. Norges Bank purchased a new position in Morningstar in the second quarter worth $93,224,000. Invesco Ltd. boosted its position in Morningstar by 266.5% in the second quarter. Invesco Ltd. now owns 280,923 shares of the business services provider’s stock worth $88,190,000 after purchasing an additional 204,277 shares during the last quarter. Amundi grew its stake in Morningstar by 22,716.4% in the 2nd quarter. Amundi now owns 162,681 shares of the business services provider’s stock valued at $50,512,000 after purchasing an additional 161,968 shares during the period. Finally, Voloridge Investment Management LLC grew its stake in Morningstar by 362.8% in the 3rd quarter. Voloridge Investment Management LLC now owns 187,128 shares of the business services provider’s stock valued at $43,416,000 after purchasing an additional 146,693 shares during the period. 57.02% of the stock is owned by institutional investors.

Insider Transactions at Morningstar

In other Morningstar news, Chairman Joseph D. Mansueto sold 3,122 shares of the stock in a transaction dated Monday, March 2nd. The shares were sold at an average price of $182.32, for a total transaction of $569,203.04. Following the completion of the transaction, the chairman owned 8,138,232 shares in the company, valued at $1,483,762,458.24. This trade represents a 0.04% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. Also, CFO Michael Holt bought 1,000 shares of Morningstar stock in a transaction dated Wednesday, March 4th. The stock was acquired at an average price of $186.59 per share, with a total value of $186,590.00. Following the purchase, the chief financial officer directly owned 9,480 shares of the company’s stock, valued at approximately $1,768,873.20. This represents a 11.79% increase in their ownership of the stock. Additional details regarding this purchase are available in the official SEC disclosure. Insiders sold a total of 85,243 shares of company stock worth $14,219,154 over the last 90 days. 36.20% of the stock is currently owned by company insiders.

Analyst Ratings Changes

Several brokerages have recently issued reports on MORN. BMO Capital Markets decreased their target price on Morningstar from $257.00 to $193.00 and set an “outperform” rating for the company in a research report on Tuesday, February 17th. Wall Street Zen upgraded shares of Morningstar from a “hold” rating to a “buy” rating in a research report on Friday, January 23rd. Weiss Ratings downgraded shares of Morningstar from a “hold (c-)” rating to a “sell (d+)” rating in a report on Thursday, March 12th. Finally, UBS Group set a $280.00 price objective on shares of Morningstar in a research report on Friday, February 13th. Two analysts have rated the stock with a Buy rating and one has given a Sell rating to the stock. Based on data from MarketBeat, Morningstar has an average rating of “Hold” and a consensus target price of $236.50.

Morningstar Price Performance

Shares of NASDAQ MORN opened at $164.40 on Wednesday. The company has a current ratio of 0.99, a quick ratio of 0.99 and a debt-to-equity ratio of 0.88. The stock has a fifty day simple moving average of $183.58 and a two-hundred day simple moving average of $208.03. Morningstar, Inc. has a 1-year low of $149.08 and a 1-year high of $316.71. The firm has a market cap of $6.51 billion, a price-to-earnings ratio of 18.45 and a beta of 1.10.

Morningstar (NASDAQ:MORN) last issued its earnings results on Thursday, February 12th. The business services provider reported $2.71 earnings per share (EPS) for the quarter, beating the consensus estimate of $2.34 by $0.37. Morningstar had a return on equity of 27.94% and a net margin of 15.30%.The firm had revenue of $641.10 million for the quarter, compared to analyst estimates of $634.43 million.

Trending Headlines about Morningstar

Here are the key news stories impacting Morningstar this week:

• Positive Sentiment: Morningstar’s board is recommending shareholders approve the Insignia acquisition, a strategic move to expand its advice/distribution footprint that could support revenue growth and cross‑sell opportunities. Morningstar recommends shareholders approve Insignia acquisition
• Positive Sentiment: Third‑party index activity highlights the value of Morningstar’s recent CRSP acquisition: an S&P/CRSP index inclusion for another issuer (AtaiBeckley) underscores ongoing demand for CRSP benchmark indexing and passive fund position‑building — a modest positive for Morningstar’s data/index licensing franchise. AtaiBeckley added to S&P Total Market & CRSP indices
• Neutral Sentiment: Morningstar-produced research and commentary published today (on RMD timing, airline profit revision themes, and AI’s industry impact) are business-as-usual content that maintain brand relevance but are unlikely to move the stock materially on their own. Retirees, Should You Take RMDs Early in the Year or Wait?
• Neutral Sentiment: Morningstar Australia pieces on lowering profit forecasts for Aussie airlines and on AI’s competitive effects reflect editorial coverage tied to Morningstar’s analyst work — useful for long‑term credibility but not immediate drivers of MORN share moves. Lowering profit forecasts on Aussie airlines
• Neutral Sentiment: Regulatory and market updates out of Japan (SBI Global Asset Management board/stock‑option items) were circulated by local feeds that mention Morningstar Japan K.K.; these are operational/regulatory notes with limited direct impact on Morningstar’s US‑listed equity. SBI Global Asset Management Issues New Stock Options
• Negative Sentiment: Multiple short‑interest notices flagged a “significant increase” in March shorting, which can pressure sentiment; however, the underlying filings show 0 shares and NaN changes — indicating a likely reporting/data error. Still, headline language around rising short interest may have contributed to intraday selling.

Morningstar 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.