Davis Asset Management L.P. Takes $56.74 Million Position in MarketAxess Holdings Inc. $MKTX

Posted by Brenda Bartman on Aug 23rd, 2026

Davis Asset Management L.P. bought a new position in shares of MarketAxess Holdings Inc. (NASDAQ:MKTX – Free Report) during the second quarter, HoldingsChannel.com reports. The institutional investor bought 500,000 shares of the financial services provider’s stock, valued at approximately $56,745,000. MarketAxess comprises about 1.4% of Davis Asset Management L.P.’s investment portfolio, making the stock its 23rd biggest position.

Several other institutional investors have also modified their holdings of MKTX. MUFG Securities EMEA plc purchased a new position in MarketAxess in the second quarter valued at about $25,000. Geneos Wealth Management Inc. increased its holdings in MarketAxess by 200.0% during the 1st quarter. Geneos Wealth Management Inc. now owns 120 shares of the financial services provider’s stock worth $26,000 after purchasing an additional 80 shares during the last quarter. Activest Wealth Management purchased a new stake in MarketAxess during the 4th quarter worth approximately $28,000. Versant Capital Management Inc increased its holdings in MarketAxess by 215.3% during the 2nd quarter. Versant Capital Management Inc now owns 391 shares of the financial services provider’s stock worth $44,000 after purchasing an additional 267 shares during the last quarter. Finally, State of Wyoming acquired a new position in shares of MarketAxess in the 2nd quarter valued at approximately $49,000. Institutional investors and hedge funds own 99.01% of the company’s stock.

MarketAxess Trading Up 0.1%

NASDAQ:MKTX opened at $162.11 on Friday. The company has a quick ratio of 1.85, a current ratio of 1.85 and a debt-to-equity ratio of 0.09. The business’s 50 day moving average is $132.01 and its two-hundred day moving average is $150.84. MarketAxess Holdings Inc. has a 52 week low of $108.75 and a 52 week high of $195.96. The company has a market cap of $5.70 billion, a PE ratio of 19.12, a P/E/G ratio of 2.02 and a beta of 0.83.

MarketAxess (NASDAQ:MKTX – Get Free Report) last issued its earnings results on Thursday, July 30th. The financial services provider reported $1.95 EPS for the quarter, topping the consensus estimate of $1.85 by $0.10. MarketAxess had a return on equity of 22.48% and a net margin of 35.22%.The company had revenue of $218.41 million during the quarter, compared to analyst estimates of $216.70 million. During the same quarter last year, the firm earned $2.00 EPS. The business’s revenue was down .5% on a year-over-year basis. On average, analysts predict that MarketAxess Holdings Inc. will post 8.06 EPS for the current year.

MarketAxess Dividend Announcement

The company also recently disclosed a quarterly dividend, which will be paid on Wednesday, September 2nd. Investors of record on Wednesday, August 19th will be paid a dividend of $0.78 per share. The ex-dividend date is Wednesday, August 19th. This represents a $3.12 annualized dividend and a yield of 1.9%. MarketAxess’s dividend payout ratio (DPR) is 36.79%.

Wall Street Analyst Weigh In

A number of research firms have recently weighed in on MKTX. Morgan Stanley decreased their price target on shares of MarketAxess from $195.00 to $129.00 and set an “equal weight” rating for the company in a research report on Friday, July 10th. Keefe, Bruyette & Woods reaffirmed a “market perform” rating and issued a $167.00 price target (up from $150.00) on shares of MarketAxess in a report on Tuesday, August 11th. Weiss Ratings reiterated a “sell (d+)” rating on shares of MarketAxess in a research note on Monday, August 3rd. Barclays increased their price objective on shares of MarketAxess from $132.00 to $167.00 and gave the company an “equal weight” rating in a research note on Monday, August 10th. Finally, Rothschild & Co Redburn reissued a “neutral” rating and issued a $134.00 target price (down from $189.00) on shares of MarketAxess in a research report on Thursday, June 11th. One analyst has rated the stock with a Buy rating, eleven have given a Hold rating and one has issued a Sell rating to the company. According to MarketBeat, the stock currently has an average rating of “Hold” and a consensus price target of $156.10.

Get Our Latest Analysis on MarketAxess

MarketAxess Company Profile

(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.