Trian Fund Management L.P. Takes Position in The Magnum Ice Cream Company N.V. $MICC

Posted by Francis Steltz on Aug 23rd, 2026

Trian Fund Management L.P. purchased a new position in The Magnum Ice Cream Company N.V. (NYSE:MICC – Free Report) in the 2nd quarter, Holdings Channel.com reports. The institutional investor purchased 241,042 shares of the company’s stock, valued at approximately $4,197,000. Magnum Ice Cream accounts for 0.1% of Trian Fund Management L.P.’s portfolio, making the stock its 8th biggest position.

Other hedge funds and other institutional investors have also recently modified their holdings of the company. FIL Ltd purchased a new position in Magnum Ice Cream during the fourth quarter valued at approximately $360,762,000. Vanguard Group Inc. purchased a new stake in Magnum Ice Cream during the fourth quarter worth $344,031,000. First Eagle Investment Management LLC purchased a new stake in Magnum Ice Cream during the fourth quarter worth $260,541,000. Flossbach Von Storch SE bought a new stake in Magnum Ice Cream during the 2nd quarter valued at $218,507,000. Finally, Norges Bank bought a new stake in Magnum Ice Cream during the 4th quarter valued at $173,632,000.

Magnum Ice Cream Stock Performance

NYSE:MICC opened at $19.96 on Friday. The Magnum Ice Cream Company N.V. has a 52 week low of $12.94 and a 52 week high of $20.10. The firm has a 50 day moving average of $18.37 and a 200 day moving average of $16.59. The company has a debt-to-equity ratio of 3.10, a current ratio of 1.01 and a quick ratio of 0.78.

Magnum Ice Cream (NYSE:MICC – Get Free Report) last announced its earnings results on Thursday, July 30th. The company reported $0.41 earnings per share for the quarter. The firm had revenue of $2.68 billion during the quarter. As a group, research analysts predict that The Magnum Ice Cream Company N.V. will post 1.1 earnings per share for the current fiscal year.

Wall Street Analyst Weigh In

A number of research analysts have recently issued reports on MICC shares. Morgan Stanley reiterated an “overweight” rating on shares of Magnum Ice Cream in a report on Wednesday, August 5th. Jefferies Financial Group reaffirmed a “hold” rating on shares of Magnum Ice Cream in a research report on Thursday, June 25th. Weiss Ratings raised Magnum Ice Cream from a “sell (d+)” rating to a “hold (c-)” rating in a research report on Thursday, July 30th. Finally, Zacks Research upgraded Magnum Ice Cream from a “strong sell” rating to a “hold” rating in a research note on Tuesday, May 5th. Two analysts have rated the stock with a Buy rating, five have assigned a Hold rating and one has issued a Sell rating to the stock. According to data from MarketBeat.com, the company presently has a consensus rating of “Hold”.

View Our Latest Research Report on Magnum Ice Cream