PNC Financial Services Group Inc. Raises Holdings in Intercontinental Exchange Inc. $ICE

Posted by Stanley Muller on Jul 25th, 2026

PNC Financial Services Group Inc. raised its holdings in Intercontinental Exchange Inc. (NYSE:ICE – Free Report) by 4.7% during the first quarter, Holdings Channel.com reports. The firm owned 200,710 shares of the financial services provider’s stock after purchasing an additional 9,052 shares during the period. PNC Financial Services Group Inc.’s holdings in Intercontinental Exchange were worth $31,568,000 at the end of the most recent quarter.

Several other large investors have also modified their holdings of the business. Ares Financial Consulting LLC purchased a new position in shares of Intercontinental Exchange during the 4th quarter worth $25,000. Brooklands Fund Management Ltd purchased a new stake in Intercontinental Exchange in the 4th quarter valued at about $28,000. Dorato Capital Management purchased a new stake in Intercontinental Exchange in the 4th quarter valued at about $29,000. Swiss RE Ltd. acquired a new position in Intercontinental Exchange in the fourth quarter valued at about $28,000. Finally, Steph & Co. lifted its position in Intercontinental Exchange by 104.7% in the fourth quarter. Steph & Co. now owns 174 shares of the financial services provider’s stock valued at $28,000 after buying an additional 89 shares during the last quarter. Institutional investors and hedge funds own 89.30% of the company’s stock.

Intercontinental Exchange Stock Up 1.9%

Intercontinental Exchange stock opened at $145.93 on Friday. The stock’s fifty day moving average is $139.50 and its two-hundred day moving average is $154.08. The company has a debt-to-equity ratio of 0.63, a current ratio of 1.01 and a quick ratio of 1.01. The stock has a market cap of $82.53 billion, a PE ratio of 21.24, a P/E/G ratio of 1.49 and a beta of 0.94. Intercontinental Exchange Inc. has a 1-year low of $121.79 and a 1-year high of $189.35.

Intercontinental Exchange (NYSE:ICE – Get Free Report) last announced 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 30.06% and a return on equity of 14.99%. The firm’s revenue was up 20.4% on a year-over-year basis. During the same period in the prior year, the firm posted $1.72 earnings per share. On average, sell-side analysts expect that Intercontinental Exchange Inc. will post 8.01 EPS for the current fiscal year.

Insiders Place Their Bets

In other news, Director Sharon Bowen sold 667 shares of the stock in a transaction dated Friday, May 22nd. The shares were sold at an average price of $151.28, for a total transaction of $100,903.76. Following the completion of the sale, the director owned 15,077 shares in the company, valued at approximately $2,280,848.56. This represents a 4.24% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this link. Also, CTO Mayur Kapani sold 4,271 shares of the firm’s stock in a transaction dated Thursday, May 14th. The stock was sold at an average price of $155.42, for a total value of $663,798.82. Following the transaction, the chief technology officer directly owned 64,869 shares in the company, valued at approximately $10,081,939.98. This represents a 6.18% decrease in their position. The SEC filing for this sale provides additional information. In the last ninety days, insiders sold 13,425 shares of company stock valued at $2,046,324. 0.84% of the stock is owned by insiders.

Analyst Ratings Changes

ICE has been the subject of a number of recent analyst reports. Weiss Ratings cut shares of Intercontinental Exchange from a “hold (c+)” rating to a “hold (c)” rating in a research report on Wednesday, June 17th. Barclays decreased their price objective on shares of Intercontinental Exchange from $201.00 to $180.00 and set an “overweight” rating on the stock in a report on Thursday, July 9th. The Goldman Sachs Group lowered their price objective on shares of Intercontinental Exchange from $208.00 to $180.00 and set a “buy” rating for the company in a research report on Tuesday, June 30th. Raymond James Financial set a $208.00 price objective on Intercontinental Exchange in a research note on Monday, July 6th. Finally, Keefe, Bruyette & Woods started coverage on Intercontinental Exchange in a research report on Wednesday, April 8th. They issued an “outperform” rating and a $190.00 target price for the company. 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. According to data from MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and an average target price of $181.58.

Read Our Latest Research Report on Intercontinental Exchange

Intercontinental Exchange Profile

(Free Report)

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.