Pacer Advisors Inc. Cuts Stake in Intercontinental Exchange Inc. $ICE

Pacer Advisors Inc. cut its stake in shares of Intercontinental Exchange Inc. (NYSE:ICE) by 30.9% in the 1st quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 36,051 shares of the financial services provider’s stock after selling 16,135 shares during the quarter. Pacer Advisors Inc.’s holdings in Intercontinental Exchange were worth $5,670,000 as of its most recent SEC filing.

Other large investors have also recently modified their holdings of the company. J. Stern & Co. LLP increased its stake in Intercontinental Exchange by 17,398.1% during the 4th quarter. J. Stern & Co. LLP now owns 54,107,273 shares of the financial services provider’s stock valued at $8,763,214,000 after purchasing an additional 53,798,055 shares in the last quarter. Norges Bank purchased a new position in Intercontinental Exchange in the fourth quarter worth about $1,418,228,000. Viking Global Investors LP bought a new position in shares of Intercontinental Exchange in the fourth quarter worth approximately $777,926,000. Boston Partners grew its holdings in shares of Intercontinental Exchange by 148.6% during the fourth quarter. Boston Partners now owns 3,203,845 shares of the financial services provider’s stock valued at $519,701,000 after buying an additional 1,914,851 shares during the last quarter. Finally, Focus Partners Wealth grew its holdings in shares of Intercontinental Exchange by 569.8% during the fourth quarter. Focus Partners Wealth now owns 2,210,948 shares of the financial services provider’s stock valued at $358,142,000 after buying an additional 1,880,835 shares during the last quarter. Hedge funds and other institutional investors own 89.30% of the company’s stock.

Intercontinental Exchange Stock Up 0.5%

ICE opened at $149.96 on Thursday. The stock has a market capitalization of $84.19 billion, a price-to-earnings ratio of 21.18, a PEG ratio of 1.58 and a beta of 0.92. The firm has a 50 day moving average price of $139.43 and a 200-day moving average price of $153.17. Intercontinental Exchange Inc. has a twelve month low of $121.79 and a twelve month high of $189.35. The company has a quick ratio of 1.01, a current ratio of 1.01 and a debt-to-equity ratio of 0.63.

Intercontinental Exchange (NYSE:ICE) last posted its earnings results on Thursday, July 30th. The financial services provider reported $1.90 EPS for the quarter, topping analysts’ consensus estimates of $1.84 by $0.06. The business had revenue of $3.61 billion during the quarter, compared to the consensus estimate of $2.63 billion. Intercontinental Exchange had a net margin of 30.08% and a return on equity of 14.95%. The firm’s revenue was up 4.8% on a year-over-year basis. During the same quarter in the previous year, the firm posted $1.81 EPS. Equities research analysts forecast that Intercontinental Exchange Inc. will post 8.05 earnings per share for the current year.

Analysts Set New Price Targets

A number of equities analysts recently weighed in on the stock. The Goldman Sachs Group decreased their price objective on shares of Intercontinental Exchange from $208.00 to $180.00 and set a “buy” rating for the company in a report on Tuesday, June 30th. Barclays reiterated an “overweight” rating and set a $182.00 target price (up from $180.00) on shares of Intercontinental Exchange in a research note on Friday, July 31st. Keefe, Bruyette & Woods assumed coverage on Intercontinental Exchange in a report on Wednesday, April 8th. They issued an “outperform” rating and a $190.00 target price for the company. Wall Street Zen cut Intercontinental Exchange from a “hold” rating to a “sell” rating in a research note on Saturday, August 1st. Finally, Weiss Ratings raised Intercontinental Exchange from a “hold (c)” rating to a “hold (c+)” rating in a report on Tuesday, July 28th. One research analyst has rated the stock with a Strong Buy rating, nine have given a Buy rating and two have assigned a Hold rating to the company’s stock. According to MarketBeat.com, Intercontinental Exchange currently has an average rating of “Moderate Buy” and an average price target of $183.33.

Key Headlines Impacting Intercontinental Exchange

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

• Positive Sentiment: Analysts remain constructive. Wall Street maintains a generally favorable view of ICE, with the company receiving a consensus “Moderate Buy” rating. Analysts see continued growth from exchanges, clearing, mortgage technology and data services despite the stock’s underperformance versus the broader market. Intercontinental Exchange Receives Consensus Rating of Moderate Buy Do Wall Street Analysts Like Intercontinental Exchange Stock?
• Positive Sentiment: ICE’s business model is viewed as resilient. An investor letter highlighted the company’s competitive moat, diversified revenue streams and ability to benefit from market volatility, trading activity and demand for financial data. This supports the long-term investment case, although the commentary came from an outside investment manager rather than ICE itself. Intercontinental Exchange’s Moat Is Built to Outlast Market Jitters
• Positive Sentiment: ICE’s indexes gained additional product distribution. DWS launched three Xtrackers fixed-income ETFs benchmarked to ICE indices. The launches may modestly strengthen ICE’s index licensing and recurring data-revenue franchise while increasing visibility for its fixed-income benchmarks. DWS Launches Three New Xtrackers Fixed Income ETFs
• Neutral Sentiment: July operating statistics were released. ICE reported its July 2026 activity data, which investors will use to assess trends in trading volumes, clearing and other transaction-based businesses. The headline announcement did not provide enough detail to determine whether the figures exceeded expectations. Intercontinental Exchange Reports July 2026 Statistics
• Neutral Sentiment: Recent weakness has created a valuation debate. Commentary following ICE’s roughly 22% decline characterizes the pullback as a potential buying opportunity, but also underscores that investors remain focused on execution and the pace of earnings growth. Is Intercontinental Exchange a Buying Opportunity After Its 22 Percent Drop?

Insider Activity

In other news, Director William Jefferson Hague sold 1,333 shares of the firm’s stock in a transaction on Friday, June 12th. The stock was sold at an average price of $139.46, for a total value of $185,900.18. Following the transaction, the director directly owned 20,132 shares in the company, valued at $2,807,608.72. This trade represents a 6.21% decrease in their position. The transaction was disclosed in a filing with the SEC, which is available at this link. Also, CFO Warren Gardiner sold 2,490 shares of Intercontinental Exchange stock in a transaction on Tuesday, May 19th. The stock was sold at an average price of $156.64, for a total value of $390,033.60. Following the completion of the sale, the chief financial officer directly owned 25,189 shares of the company’s stock, valued at $3,945,604.96. The trade was a 9.00% decrease in their position. The disclosure for this sale is available in the SEC filing. Over the last three months, insiders sold 13,425 shares of company stock worth $2,046,324. Insiders own 0.84% of the company’s stock.

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.