MarketAxess Holdings Inc. $MKTX Position Boosted by Healthcare of Ontario Pension Plan Trust Fund

Posted by Stanley Muller on Jul 27th, 2026

Healthcare of Ontario Pension Plan Trust Fund lifted its holdings in MarketAxess Holdings Inc. (NASDAQ:MKTX – Free Report) by 374.5% during the 1st quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 145,628 shares of the financial services provider’s stock after purchasing an additional 114,934 shares during the period. Healthcare of Ontario Pension Plan Trust Fund’s holdings in MarketAxess were worth $24,026,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors have also made changes to their positions in MKTX. MUFG Securities EMEA plc acquired a new stake in MarketAxess during the second quarter valued at approximately $25,000. Geneos Wealth Management Inc. grew its position in MarketAxess by 200.0% in the first quarter. Geneos Wealth Management Inc. now owns 120 shares of the financial services provider’s stock worth $26,000 after buying an additional 80 shares during the last quarter. Activest Wealth Management bought a new position in shares of MarketAxess in the fourth quarter valued at $28,000. Pacer Advisors Inc. increased its holdings in shares of MarketAxess by 300.0% in the fourth quarter. Pacer Advisors Inc. now owns 280 shares of the financial services provider’s stock valued at $51,000 after buying an additional 210 shares in the last quarter. Finally, Westpac Banking Corp acquired a new stake in shares of MarketAxess during the 1st quarter valued at $56,000. 99.01% of the stock is currently owned by institutional investors.

Analyst Ratings Changes

Several equities research analysts have recently weighed in on the company. Weiss Ratings lowered MarketAxess from a “hold (c-)” rating to a “sell (d+)” rating in a research note on Wednesday, May 6th. The Goldman Sachs Group cut their target price on MarketAxess from $168.00 to $130.00 and set a “neutral” rating on the stock in a research report on Tuesday, June 30th. Piper Sandler decreased their price target on MarketAxess from $175.00 to $128.00 and set a “neutral” rating for the company in a research report on Wednesday, July 15th. Keefe, Bruyette & Woods began coverage on MarketAxess in a research note on Wednesday, April 8th. They issued an “outperform” rating and a $195.00 price target on the stock. Finally, Morgan Stanley dropped their price target on MarketAxess from $195.00 to $129.00 and set an “equal weight” rating on the stock in a research note on Friday, July 10th. Three investment analysts have rated the stock with a Buy rating, nine have assigned a Hold rating and one has assigned a Sell rating to the company. According to data from MarketBeat.com, the stock has an average rating of “Hold” and an average price target of $163.18.

Check Out Our Latest Research Report on MarketAxess

MarketAxess Stock Performance

MarketAxess stock opened at $116.69 on Monday. MarketAxess Holdings Inc. has a 52 week low of $108.75 and a 52 week high of $214.42. The company has a debt-to-equity ratio of 0.19, a quick ratio of 2.17 and a current ratio of 2.17. The firm has a market capitalization of $4.15 billion, a price-to-earnings ratio of 13.79, a P/E/G ratio of 3.14 and a beta of 0.88. The company has a 50 day moving average price of $120.55 and a 200 day moving average price of $152.91.

MarketAxess (NASDAQ:MKTX – Get Free Report) last announced its earnings results on Thursday, May 7th. The financial services provider reported $2.25 earnings per share (EPS) for the quarter, beating the consensus estimate of $2.15 by $0.10. The company had revenue of $233.38 million for the quarter, compared to the consensus estimate of $231.91 million. MarketAxess had a net margin of 35.53% and a return on equity of 22.28%. The company’s revenue was up 11.9% on a year-over-year basis. During the same period in the previous year, the business earned $1.87 EPS. Research analysts forecast that MarketAxess Holdings Inc. will post 8.01 EPS for the current year.

About MarketAxess

(Free Report)

MarketAxess Holdings Inc operates a leading global electronic trading platform specializing in fixed-income securities and related products. The company’s network enables institutional investors and broker-dealers to trade corporate bonds, municipal securities, emerging markets debt, U.S. Treasuries and credit default swaps in an automated, multi-dealer environment. MarketAxess also offers portfolio trading, data analytics, best-execution tools and post-trade services to streamline workflows and enhance price discovery across its marketplace.

In addition to core voice-like trading protocols, MarketAxess provides Open Trading®, an anonymous, all-to-all trading protocol designed to improve liquidity and transaction efficiency.