State of New Jersey Common Pension Fund D Reduces Stock Position in Intercontinental Exchange Inc. $ICE

State of New Jersey Common Pension Fund D lessened its position in shares of Intercontinental Exchange Inc. (NYSE:ICE) by 2.4% during the 4th quarter, according to the company in its most recent 13F filing with the SEC. The fund owned 194,290 shares of the financial services provider’s stock after selling 4,855 shares during the quarter. State of New Jersey Common Pension Fund D’s holdings in Intercontinental Exchange were worth $31,467,000 at the end of the most recent reporting period.

Several other large investors have also added to or reduced their stakes in ICE. Ares Financial Consulting LLC purchased a new stake in Intercontinental Exchange during the 4th quarter valued at about $25,000. Holos Integrated Wealth LLC purchased a new stake in Intercontinental Exchange during the 4th quarter valued at about $28,000. Steph & Co. grew its stake in Intercontinental Exchange by 104.7% during the 4th quarter. Steph & Co. now owns 174 shares of the financial services provider’s stock valued at $28,000 after purchasing an additional 89 shares during the last quarter. Dorato Capital Management purchased a new stake in Intercontinental Exchange during the 4th quarter valued at about $29,000. Finally, Caitlin John LLC purchased a new stake in Intercontinental Exchange during the 3rd quarter valued at about $32,000. Hedge funds and other institutional investors own 89.30% of the company’s stock.

Analyst Upgrades and Downgrades

ICE has been the topic of several research analyst reports. Morgan Stanley boosted their price target on Intercontinental Exchange from $183.00 to $187.00 and gave the company an “equal weight” rating in a research note on Friday, April 10th. Weiss Ratings downgraded Intercontinental Exchange from a “buy (b)” rating to a “buy (b-)” rating in a research note on Friday, April 24th. UBS Group restated a “buy” rating and issued a $200.00 target price on shares of Intercontinental Exchange in a research note on Monday, February 9th. Wall Street Zen raised Intercontinental Exchange from a “sell” rating to a “hold” rating in a report on Saturday, February 7th. Finally, Deutsche Bank Aktiengesellschaft raised Intercontinental Exchange from a “hold” rating to a “buy” rating and set a $188.00 target price on the stock in a report on Friday, March 6th. One investment analyst has rated the stock with a Strong Buy rating, nine have issued a Buy rating and one has issued a Hold rating to the company’s stock. Based on data from MarketBeat.com, Intercontinental Exchange has an average rating of “Buy” and an average price target of $193.80.

Insider Buying and Selling

In related news, CEO Jeffrey C. Sprecher sold 150,000 shares of the company’s stock in a transaction dated Wednesday, February 18th. The stock was sold at an average price of $155.00, for a total value of $23,250,000.00. Following the completion of the transaction, the chief executive officer owned 1,651,705 shares of the company’s stock, valued at approximately $256,014,275. This represents a 8.33% decrease in their position. The transaction was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Also, President Benjamin Jackson sold 12,861 shares of the company’s stock in a transaction dated Tuesday, February 10th. The stock was sold at an average price of $165.00, for a total value of $2,122,065.00. Following the completion of the transaction, the president directly owned 165,692 shares of the company’s stock, valued at $27,339,180. The trade was a 7.20% decrease in their position. The SEC filing for this sale provides additional information. Insiders have sold a total of 348,418 shares of company stock worth $54,196,631 in the last ninety days. 0.84% of the stock is owned by corporate insiders.

Intercontinental Exchange Stock Up 1.3%

ICE stock opened at $158.16 on Friday. The firm has a market cap of $89.58 billion, a PE 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 quick ratio of 1.02 and a current ratio of 1.02. The firm’s fifty day moving average is $160.21 and its 200 day moving average is $159.99. Intercontinental Exchange Inc. has a one year low of $143.17 and a one year high of $189.35.

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

Intercontinental Exchange Dividend Announcement

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

Key Intercontinental Exchange News

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

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.