State of New Jersey Common Pension Fund D Sells 4,855 Shares of Intercontinental Exchange Inc. $ICE

State of New Jersey Common Pension Fund D cut its position in shares of Intercontinental Exchange Inc. (NYSE:ICE) by 2.4% in the fourth quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor owned 194,290 shares of the financial services provider’s stock after selling 4,855 shares during the period. State of New Jersey Common Pension Fund D’s holdings in Intercontinental Exchange were worth $31,467,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other institutional investors and hedge funds have also bought and sold shares of ICE. Wellington Management Group LLP raised its position in Intercontinental Exchange by 64.7% during the 3rd quarter. Wellington Management Group LLP now owns 10,354,224 shares of the financial services provider’s stock valued at $1,744,480,000 after purchasing an additional 4,067,922 shares in the last quarter. Mawer Investment Management Ltd. raised its position in Intercontinental Exchange by 179.1% during the 3rd quarter. Mawer Investment Management Ltd. now owns 2,472,366 shares of the financial services provider’s stock valued at $416,544,000 after purchasing an additional 1,586,620 shares in the last quarter. Waverton Investment Management Ltd raised its position in Intercontinental Exchange by 28,886.8% during the 3rd quarter. Waverton Investment Management Ltd now owns 1,526,734 shares of the financial services provider’s stock valued at $257,163,000 after purchasing an additional 1,521,467 shares in the last quarter. Capital World Investors raised its position in Intercontinental Exchange by 15.2% during the 3rd quarter. Capital World Investors now owns 7,028,964 shares of the financial services provider’s stock valued at $1,184,238,000 after purchasing an additional 928,047 shares in the last quarter. Finally, Dimensional Fund Advisors LP raised its position in Intercontinental Exchange by 29.3% during the 3rd quarter. Dimensional Fund Advisors LP now owns 2,439,436 shares of the financial services provider’s stock valued at $410,978,000 after purchasing an additional 553,486 shares in the last quarter. 89.30% of the stock is owned by institutional investors.

Intercontinental Exchange Trading Up 1.3%

Shares of NYSE:ICE opened at $158.16 on Friday. The business’s 50-day moving average is $160.21 and its 200 day moving average is $159.99. Intercontinental Exchange Inc. has a 1 year low of $143.17 and a 1 year high of $189.35. The firm has a market capitalization of $89.58 billion, a P/E ratio of 27.41, a P/E/G ratio of 1.62 and a beta of 1.03. The company has a debt-to-equity ratio of 0.64, a current ratio of 1.02 and a quick ratio of 1.02.

Intercontinental Exchange (NYSE:ICE) last announced its earnings results on Thursday, April 30th. The financial services provider reported $2.35 earnings per share (EPS) for the quarter, beating the consensus estimate of $2.23 by $0.12. Intercontinental Exchange had a return on equity of 13.99% and a net margin of 26.23%.The company had revenue of $3.67 billion for the quarter, compared to analyst estimates of $2.88 billion. During the same period in the prior year, the company posted $1.72 EPS. The firm’s quarterly revenue was up 20.4% compared to the same quarter last year. On average, research analysts predict that Intercontinental Exchange Inc. will post 8.1 earnings per share for the current fiscal year.

Intercontinental Exchange Dividend Announcement

The firm also recently announced a quarterly dividend, which will be paid on Thursday, December 31st. Investors of record on Wednesday, December 16th will be given a dividend of $0.52 per share. This represents a $2.08 annualized dividend and a yield of 1.3%. The ex-dividend date of this dividend is Wednesday, December 16th. Intercontinental Exchange’s dividend payout ratio is currently 36.05%.

Intercontinental Exchange News Roundup

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

• Positive Sentiment: Q1 results beat expectations — adjusted EPS $2.35 (well above consensus) and revenue materially beat estimates, driven by a ~34% jump in transaction revenues, signaling continued strength in core trading activity. Intercontinental Q1 Earnings and Revenues Beat Estimates, Rise Y/Y
• Positive Sentiment: Management described the quarter as record-setting on the earnings call, highlighting the drivers behind revenue growth and reinforcing confidence in the franchise’s mix of data, clearing and transaction businesses. Intercontinental Exchange Posts Record-Setting Earnings Call
• Positive Sentiment: Board approved an 8% higher Q2 cash dividend of $0.52/share (payable June 30), supporting the stock’s income profile and signaling confidence in cash flow. Intercontinental Exchange Approves Second-Quarter Dividend of $0.52 per Share
• Neutral Sentiment: The full earnings call transcript and slide deck provide more detail on segment performance, margin and client flows for investors doing deeper diligence. Intercontinental Exchange, Inc. (ICE) Q1 2026 Earnings Call Transcript
• Neutral Sentiment: Company-provided press release, slide deck and conference materials (available from the earnings release) back up the headline numbers for model updates. Intercontinental Exchange Earnings Release & Materials

Analyst Upgrades and Downgrades

A number of equities research analysts have weighed in on the company. Morgan Stanley lifted their target price on Intercontinental Exchange from $183.00 to $187.00 and gave the company an “equal weight” rating in a research report on Friday, April 10th. Deutsche Bank Aktiengesellschaft raised Intercontinental Exchange from a “hold” rating to a “buy” rating and set a $188.00 price target for the company in a research report on Friday, March 6th. Weiss Ratings lowered Intercontinental Exchange from a “buy (b)” rating to a “buy (b-)” rating in a research report on Friday, April 24th. Royal Bank Of Canada reissued an “outperform” rating and issued a $180.00 price target on shares of Intercontinental Exchange in a research report on Tuesday, January 6th. Finally, Piper Sandler reissued an “overweight” rating and issued a $211.00 price target (up from $195.00) on shares of Intercontinental Exchange in a research report on Wednesday, April 15th. One 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. Based on data from MarketBeat.com, the stock currently has a consensus rating of “Buy” and an average target price of $193.80.

Insider Activity at Intercontinental Exchange

In related news, insider Lynn C. Martin sold 13,456 shares of the company’s stock in a transaction dated Friday, February 20th. The stock was sold at an average price of $153.86, for a total transaction of $2,070,340.16. Following the transaction, the insider directly owned 54,319 shares of the company’s stock, valued at $8,357,521.34. This represents a 19.85% decrease in their position. The sale was disclosed in a filing with the SEC, which is available at this link. Also, CEO Jeffrey C. Sprecher sold 150,000 shares of the company’s stock in a transaction dated Wednesday, February 18th. The shares were sold at an average price of $155.00, for a total value of $23,250,000.00. Following the transaction, the chief executive officer directly owned 1,651,705 shares in the company, valued at $256,014,275. This represents a 8.33% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Insiders sold a total of 348,418 shares of company stock worth $54,196,631 over the last ninety days. Corporate insiders own 0.84% of the company’s stock.

About Intercontinental Exchange

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.