Vanguard Personalized Indexing Management LLC Purchases 18,159 Shares of ICL Group Ltd. $ICL

Vanguard Personalized Indexing Management LLC increased its position in ICL Group Ltd. (NYSE:ICL) by 10.2% during the 2nd quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 196,683 shares of the basic materials company’s stock after acquiring an additional 18,159 shares during the quarter. Vanguard Personalized Indexing Management LLC’s holdings in ICL Group were worth $1,351,000 at the end of the most recent quarter.

Other institutional investors have also recently bought and sold shares of the company. Truist Financial Corp bought a new position in ICL Group in the 2nd quarter worth $69,000. Ascent Group LLC bought a new position in ICL Group in the 1st quarter worth $73,000. M&T Bank Corp raised its holdings in ICL Group by 13.0% in the 1st quarter. M&T Bank Corp now owns 14,925 shares of the basic materials company’s stock worth $85,000 after acquiring an additional 1,716 shares during the period. State of Wyoming bought a new position in ICL Group in the 1st quarter worth $103,000. Finally, Callan Capital LLC raised its holdings in ICL Group by 12.6% in the 1st quarter. Callan Capital LLC now owns 18,531 shares of the basic materials company’s stock worth $104,000 after acquiring an additional 2,076 shares during the period. Institutional investors own 13.38% of the company’s stock.

ICL Group Stock Performance

NYSE:ICL opened at $6.29 on Friday. The firm’s 50-day moving average is $6.26 and its 200-day moving average is $6.48. ICL Group Ltd. has a 52-week low of $4.03 and a 52-week high of $7.35. The company has a debt-to-equity ratio of 0.41, a quick ratio of 1.05 and a current ratio of 1.75.

ICL Group (NYSE:ICL) last posted its quarterly earnings data on Wednesday, August 6th. The basic materials company reported $0.09 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.08 by $0.01. ICL Group had a net margin of 5.28% and a return on equity of 7.51%. The company had revenue of $1.83 billion for the quarter, compared to the consensus estimate of $1.82 billion. As a group, analysts forecast that ICL Group Ltd. will post 0.37 earnings per share for the current year.

ICL Group Dividend Announcement

The firm also recently announced a — dividend, which was paid on Wednesday, September 17th. Stockholders of record on Wednesday, September 3rd were given a dividend of $0.0426 per share. This represents a dividend yield of 290.0%. The ex-dividend date was Wednesday, September 3rd. ICL Group’s payout ratio is 58.62%.

Analyst Ratings Changes

ICL has been the topic of several recent analyst reports. Weiss Ratings reiterated a “hold (c)” rating on shares of ICL Group in a report on Wednesday, October 8th. Morgan Stanley boosted their price objective on shares of ICL Group from $5.80 to $6.20 and gave the stock an “equal weight” rating in a report on Wednesday, July 2nd. Four analysts have rated the stock with a Hold rating, According to MarketBeat, ICL Group currently has a consensus rating of “Hold” and an average target price of $6.57.

ICL Group Company Profile

ICL Group Ltd, together with its subsidiaries, operates as a specialty minerals and chemicals company worldwide. It operates in four segments: Industrial Products, Potash, Phosphate Solutions, and Growing Solutions. The Industrial Products segment produces bromine out of a solution that is a by-product of the potash production process, as well as bromine-based compounds; produces various grades of potash, salt, magnesium chloride, and magnesia products; and produces and markets phosphorous-based flame retardants and other phosphorus-based products.