Kornitzer Capital Management Inc. KS Has $10.35 Million Stock Holdings in Intercontinental Exchange Inc. $ICE

Key Points

• Kornitzer Capital Management increased its stake in Intercontinental Exchange by 32.5% in Q4, adding 15,680 shares to hold 63,874 shares valued at about $10.345 million.
• ICE posted a strong Q1—adjusted EPS $2.35 and revenue $3.67 billion (up 20.4% YoY)—and the board raised the quarterly dividend to $0.52; analysts are largely positive, leaving a consensus Buy rating with an average target of $194.10.
• Institutional investors own 89.3% of the company, but insiders have sold 348,418 shares worth $54.2 million over the past 90 days, leaving insiders with just 0.84% ownership.

Kornitzer Capital Management Inc. KS grew its stake in Intercontinental Exchange Inc. (NYSE:ICE - Free Report) by 32.5% during the fourth quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The firm owned 63,874 shares of the financial services provider's stock after purchasing an additional 15,680 shares during the quarter. Kornitzer Capital Management Inc. KS's holdings in Intercontinental Exchange were worth $10,345,000 at the end of the most recent reporting period.

A number of other large investors also recently made changes to their positions in the stock. ICONIQ Capital LLC lifted its stake in shares of Intercontinental Exchange by 2.2% in the 2nd quarter. ICONIQ Capital LLC now owns 2,621 shares of the financial services provider's stock valued at $481,000 after purchasing an additional 56 shares during the period. Mechanics Financial Corp lifted its stake in shares of Intercontinental Exchange by 1.0% in the 4th quarter. Mechanics Financial Corp now owns 6,138 shares of the financial services provider's stock valued at $994,000 after purchasing an additional 60 shares during the period. Aaron Wealth Advisors LLC lifted its stake in shares of Intercontinental Exchange by 1.9% in the 4th quarter. Aaron Wealth Advisors LLC now owns 3,384 shares of the financial services provider's stock valued at $548,000 after purchasing an additional 63 shares during the period. Evergreen Capital Management LLC lifted its stake in shares of Intercontinental Exchange by 1.5% in the 4th quarter. Evergreen Capital Management LLC now owns 4,207 shares of the financial services provider's stock valued at $681,000 after purchasing an additional 63 shares during the period. Finally, Sather Financial Group Inc lifted its stake in shares of Intercontinental Exchange by 4.7% in the 4th quarter. Sather Financial Group Inc now owns 1,440 shares of the financial services provider's stock valued at $233,000 after purchasing an additional 64 shares during the period. Institutional investors and hedge funds own 89.30% of the company's stock.

More Intercontinental Exchange News

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

• Positive Sentiment: Q1 results beat expectations — ICE reported record revenue and profit with adjusted EPS of $2.35 and revenue well above estimates, driven by broad-based strength across businesses. ICE Q1 deep dive: Record revenue growth and strategic innovation drive Q1 2026 results
• Positive Sentiment: Transaction revenues jumped (notably in mortgage services) and energy trading also boosted the quarter — mortgage unit volumes and transaction revenue surged, helping drive the year‑over‑year revenue increase. ICE sees transaction revenue surge in mortgage unit
• Positive Sentiment: Board approved an 8% higher quarterly cash dividend ($0.52), supporting income-focused holders and signaling management confidence in cash flow. Intercontinental Exchange Approves Second-Quarter Dividend of $0.52 per Share
• Neutral Sentiment: Analyst and media takes: several outlets parsed the earnings and whether ICE remains a buy — coverage mixes valuation, growth outlook and index‑weight implications for passive flows. Is Intercontinental Exchange Stock Worth Watching Right Now
• Neutral Sentiment: Earnings call materials and transcripts are available for details on forward guidance, product launches and margin drivers — useful for investors doing deeper diligence. Intercontinental Exchange, Inc. Q1 2026 Earnings Call Summary
• Negative Sentiment: Near-term selling pressure / technicals: the stock pulled back below its 50- and 200-day moving averages on lighter-than-average volume, suggesting profit-taking and short-term momentum weakness despite the fundamentals (this dynamic helps explain today’s decline).

Analyst Upgrades and Downgrades

ICE has been the topic of a number of analyst reports. Deutsche Bank Aktiengesellschaft raised Intercontinental Exchange from a "hold" rating to a "buy" rating and set a $188.00 price target on the stock in a research note on Friday, March 6th. Keefe, Bruyette & Woods initiated coverage on Intercontinental Exchange in a research note on Wednesday, April 8th. They issued an "outperform" rating and a $190.00 price target on the stock. Barclays reissued an "overweight" rating and issued a $201.00 price target (up from $198.00) on shares of Intercontinental Exchange in a research note on Friday. 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 note on Wednesday, April 15th. Finally, Royal Bank Of Canada reissued an "outperform" rating and issued a $180.00 price target on shares of Intercontinental Exchange in a research note on Tuesday, January 6th. One research 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 stock. According to MarketBeat, the company presently has a consensus rating of "Buy" and an average target price of $194.10.

Intercontinental Exchange Price Performance

ICE opened at $155.04 on Friday. The company has a quick ratio of 1.02, a current ratio of 1.01 and a debt-to-equity ratio of 0.63. Intercontinental Exchange Inc. has a 12 month low of $143.17 and a 12 month high of $189.35. The company has a fifty day simple moving average of $160.21 and a 200 day simple moving average of $159.99. The stock has a market cap of $87.82 billion, a P/E ratio of 26.87, a P/E/G ratio of 1.64 and a beta of 0.96.

Intercontinental Exchange (NYSE:ICE - Get Free Report) last released its quarterly earnings data on Thursday, April 30th. The financial services provider reported $2.35 EPS for the quarter, beating analysts' consensus estimates of $2.23 by $0.12. Intercontinental Exchange had a net margin of 30.06% and a return on equity of 14.99%. The business had revenue of $3.67 billion during the quarter, compared to analysts' expectations of $2.88 billion. During the same quarter in the prior year, the company earned $1.72 EPS. The firm's quarterly revenue was up 20.4% on a year-over-year basis. On average, research analysts expect that Intercontinental Exchange Inc. will post 8.1 EPS for the current year.

Intercontinental Exchange Announces Dividend

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

Insiders Place Their Bets

In related news, insider Christopher Scott Edmonds sold 11,303 shares of the company's stock in a transaction on Thursday, February 19th. The shares were sold at an average price of $153.82, for a total value of $1,738,627.46. Following the completion of the sale, the insider owned 14,266 shares in the company, valued at $2,194,396.12. This represents a 44.21% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this link. Also, insider Lynn C. Martin sold 13,456 shares of the company's stock in a transaction on Friday, February 20th. The shares were sold at an average price of $153.86, for a total transaction of $2,070,340.16. Following the completion of the sale, the insider owned 54,319 shares of the company's stock, valued at approximately $8,357,521.34. This represents a 19.85% decrease in their position. The disclosure for this sale is available in the SEC filing. Insiders have sold 348,418 shares of company stock worth $54,196,631 over the last 90 days. 0.84% of the stock is currently owned by corporate insiders.

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.

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