Ieq Capital LLC Acquires New Shares in Morningstar, Inc. $MORN

Posted by Stanley Muller on Aug 24th, 2026

Ieq Capital LLC bought a new stake in shares of Morningstar, Inc. (NASDAQ:MORN – Free Report) during the 2nd quarter, according to its most recent filing with the Securities and Exchange Commission. The firm bought 53,907 shares of the business services provider’s stock, valued at approximately $8,411,000.

Other institutional investors and hedge funds have also modified their holdings of the company. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. raised its stake in shares of Morningstar by 23.6% in the first quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 178 shares of the business services provider’s stock worth $53,000 after purchasing an additional 34 shares during the last quarter. Verdence Capital Advisors LLC increased its holdings in Morningstar by 3.9% in the 4th quarter. Verdence Capital Advisors LLC now owns 1,423 shares of the business services provider’s stock worth $309,000 after buying an additional 54 shares in the last quarter. Quarry LP grew its stake in shares of Morningstar by 51.2% in the fourth quarter. Quarry LP now owns 189 shares of the business services provider’s stock worth $41,000 after acquiring an additional 64 shares during the period. Diversify Advisory Services LLC grew its position in Morningstar by 4.7% in the 3rd quarter. Diversify Advisory Services LLC now owns 1,641 shares of the business services provider’s stock worth $350,000 after purchasing an additional 74 shares during the period. Finally, Diversify Wealth Management LLC raised its stake in Morningstar by 2.0% during the 4th quarter. Diversify Wealth Management LLC now owns 4,168 shares of the business services provider’s stock valued at $900,000 after buying an additional 82 shares during the last quarter. Institutional investors own 57.02% of the company’s stock.

Morningstar Stock Performance

Shares of NASDAQ MORN opened at $215.97 on Monday. Morningstar, Inc. has a 12-month low of $141.49 and a 12-month high of $266.05. The firm has a market capitalization of $8.10 billion, a price-to-earnings ratio of 20.45 and a beta of 0.99. The company has a current ratio of 1.06, a quick ratio of 1.06 and a debt-to-equity ratio of 1.66. The firm has a 50 day moving average of $178.94 and a 200 day moving average of $176.52.

Morningstar (NASDAQ:MORN – Get Free Report) last released its quarterly earnings results on Wednesday, July 29th. The business services provider reported $3.10 earnings per share for the quarter, topping the consensus estimate of $2.83 by $0.27. The business had revenue of $663.20 million for the quarter, compared to the consensus estimate of $649.72 million. Morningstar had a net margin of 16.43% and a return on equity of 38.57%.

Wall Street Analysts Forecast Growth

MORN has been the topic of several research analyst reports. Weiss Ratings raised Morningstar from a “sell (d+)” rating to a “hold (c-)” rating in a report on Friday, August 14th. Rothschild & Co Redburn set a $210.00 price objective on Morningstar in a report on Thursday, June 18th. Wall Street Zen upgraded Morningstar from a “hold” rating to a “buy” rating in a research report on Sunday, June 21st. BMO Capital Markets reissued an “outperform” rating and issued a $212.00 target price on shares of Morningstar in a report on Friday, June 26th. Finally, UBS Group dropped their target price on Morningstar from $280.00 to $260.00 and set a “buy” rating on the stock in a research report on Tuesday, July 7th. Two equities research analysts have rated the stock with a Buy rating and one has issued a Hold rating to the stock. According to data from MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and a consensus target price of $227.33.

Read Our Latest Analysis on Morningstar

Insider Activity at Morningstar

In other news, Chairman Joseph D. Mansueto sold 4,095 shares of the company’s stock in a transaction on Friday, August 21st. The stock was sold at an average price of $216.75, for a total value of $887,591.25. Following the completion of the sale, the chairman directly owned 7,943,851 shares in the company, valued at $1,721,829,704.25. This represents a 0.05% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available at this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. In the last ninety days, insiders sold 81,541 shares of company stock valued at $16,711,335. Corporate insiders own 38.80% of the company’s stock.

About Morningstar

(Free Report)

Morningstar, Inc is a leading provider of independent investment research, data, and analytics, serving both individual investors and financial professionals. The company offers comprehensive coverage of financial products, including mutual funds, exchange-traded funds (ETFs), stocks, bonds and market indexes. Morningstar’s proprietary rating systems and research methodologies help clients assess the risk and return profiles of investment opportunities and make informed decisions.

Its core products include Morningstar Direct, an institutional investment analysis platform; Morningstar Office Cloud, a portfolio management solution for advisors; and Morningstar Data, which delivers extensive datasets through APIs and data feeds.