MidFirst Bank Makes New Investment in Morningstar, Inc. $MORN

Posted by Stanley Muller on Jun 19th, 2026

MidFirst Bank purchased a new position in shares of Morningstar, Inc. (NASDAQ:MORN – Free Report) in the 4th quarter, Holdings Channel reports. The fund purchased 15,647 shares of the business services provider’s stock, valued at approximately $3,400,000.

Other hedge funds and other institutional investors have also recently bought and sold shares of the company. Congress Asset Management Co. grew its stake in shares of Morningstar by 12.7% in the fourth quarter. Congress Asset Management Co. now owns 74,541 shares of the business services provider’s stock worth $16,199,000 after purchasing an additional 8,424 shares in the last quarter. Intech Investment Management LLC acquired a new position in Morningstar during the 3rd quarter valued at about $1,713,000. Confluence Investment Management LLC increased its stake in Morningstar by 17.9% during the 4th quarter. Confluence Investment Management LLC now owns 71,033 shares of the business services provider’s stock valued at $15,436,000 after buying an additional 10,794 shares during the period. Citigroup Inc. raised its position in shares of Morningstar by 37.8% during the 3rd quarter. Citigroup Inc. now owns 25,437 shares of the business services provider’s stock worth $5,902,000 after buying an additional 6,972 shares in the last quarter. Finally, JPMorgan Chase & Co. lifted its stake in shares of Morningstar by 34.8% in the 3rd quarter. JPMorgan Chase & Co. now owns 318,478 shares of the business services provider’s stock worth $73,891,000 after acquiring an additional 82,154 shares during the period. 57.02% of the stock is owned by institutional investors and hedge funds.

Morningstar Price Performance

Shares of Morningstar stock opened at $153.68 on Friday. Morningstar, Inc. has a 52 week low of $149.08 and a 52 week high of $316.71. The company has a current ratio of 1.03, a quick ratio of 1.03 and a debt-to-equity ratio of 1.66. The stock has a market cap of $5.84 billion, a PE ratio of 15.65 and a beta of 1.00. The company’s 50-day moving average price is $177.01 and its two-hundred day moving average price is $187.38.

Morningstar (NASDAQ:MORN – Get Free Report) last posted its quarterly earnings data on Wednesday, April 29th. The business services provider reported $3.18 earnings per share for the quarter, beating the consensus estimate of $2.41 by $0.77. The company had revenue of $644.80 million during the quarter, compared to analyst estimates of $626.91 million. Morningstar had a net margin of 16.06% and a return on equity of 33.14%.

Insider Activity at Morningstar

In other news, CFO Michael Holt sold 270 shares of the stock in a transaction on Friday, May 15th. The stock was sold at an average price of $166.05, for a total transaction of $44,833.50. Following the completion of the sale, the chief financial officer owned 12,326 shares in the company, valued at approximately $2,046,732.30. This represents a 2.14% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, Director William M. Lyons sold 700 shares of the firm’s stock in a transaction on Wednesday, May 27th. The stock was sold at an average price of $179.00, for a total value of $125,300.00. Following the sale, the director directly owned 13,904 shares of the company’s stock, valued at approximately $2,488,816. This represents a 4.79% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Insiders sold a total of 64,720 shares of company stock valued at $11,169,471 over the last ninety days. Insiders own 38.80% of the company’s stock.

Wall Street Analyst Weigh In

Several research analysts have recently issued reports on MORN shares. Wall Street Zen cut shares of Morningstar from a “buy” rating to a “hold” rating in a report on Saturday, June 13th. Rothschild & Co Redburn set a $210.00 target price on Morningstar in a report on Thursday. Finally, Weiss Ratings upgraded Morningstar from a “sell (d+)” rating to a “hold (c-)” rating in a research report on Monday, June 8th. Two analysts have rated the stock with a Buy rating and one has given a Hold rating to the company’s stock. Based on data from MarketBeat.com, Morningstar has a consensus rating of “Moderate Buy” and a consensus price target of $227.67.

View Our Latest Research Report on Morningstar

Key Morningstar News

Here are the key news stories impacting Morningstar this week:

Positive Sentiment: Morningstar announced a quarterly dividend, a sign of continued financial stability and shareholder returns. Morningstar Declares Quarterly Dividend, Signals Financial Stability
Positive Sentiment: Morningstar Wealth is launching public/private model portfolios with Apollo, Franklin Templeton, and J.P. Morgan, which could expand its product lineup and deepen relationships with major asset managers. Morningstar teams up with Wall Street firms to open private markets to retail investors
Positive Sentiment: The company is moving into the public/private model portfolio market, which may support growth in its wealth-management and alternatives offerings. Morningstar enters public-private model portfolio race
Neutral Sentiment: Articles highlighting Morningstar’s valuation work on companies like SpaceX and the broader AI sector are more about Morningstar’s research presence than its direct earnings outlook. Morningstar thinks SpaceX stock is wildly overvalued — but says there are 2 ways the company can change its mind
Negative Sentiment: Despite the positive business announcements, MORN fell sharply and is now trading well below recent moving averages, suggesting investors are still concerned about momentum and valuation risk. A Look at Morningstar Inc (MORN) After 6.5% Decline — GF Value $350.65 vs Price $153.61

Morningstar Profile

(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.