Canada Pension Plan Investment Board Makes New $147.10 Million Investment in Intercontinental Exchange Inc. $ICE

Posted by Geri Gentry on Aug 27th, 2026

Canada Pension Plan Investment Board acquired a new position in shares of Intercontinental Exchange Inc. (NYSE:ICE – Free Report) during the 2nd quarter, Holdings Channel reports. The fund acquired 1,194,830 shares of the financial services provider’s stock, valued at approximately $147,096,000.

Other hedge funds and other institutional investors have also recently modified their holdings of the company. J. Stern & Co. LLP grew its holdings in shares of Intercontinental Exchange by 17,398.1% in the fourth quarter. J. Stern & Co. LLP now owns 54,107,273 shares of the financial services provider’s stock valued at $8,763,214,000 after purchasing an additional 53,798,055 shares in the last quarter. BlackRock Inc. purchased a new stake in Intercontinental Exchange during the second quarter valued at $6,245,085,000. State Street Corp raised its stake in Intercontinental Exchange by 3.4% during the fourth quarter. State Street Corp now owns 25,653,952 shares of the financial services provider’s stock valued at $4,154,914,000 after purchasing an additional 837,208 shares in the last quarter. Morgan Stanley lifted its position in Intercontinental Exchange by 1.0% during the fourth quarter. Morgan Stanley now owns 15,875,593 shares of the financial services provider’s stock valued at $2,571,212,000 after purchasing an additional 158,450 shares during the last quarter. Finally, Norges Bank purchased a new position in shares of Intercontinental Exchange in the 4th quarter worth $1,418,228,000. 89.30% of the stock is currently owned by institutional investors.

Insider Activity

In other news, Director William Jefferson Hague sold 1,333 shares of the stock in a transaction that occurred on Friday, June 12th. The stock was sold at an average price of $139.46, for a total value of $185,900.18. Following the sale, the director directly owned 20,132 shares in the company, valued at approximately $2,807,608.72. This represents a 6.21% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which can be accessed through the SEC website. Also, CFO Warren Gardiner sold 2,491 shares of the firm’s stock in a transaction that occurred on Wednesday, August 19th. The stock was sold at an average price of $156.30, for a total value of $389,343.30. Following the sale, the chief financial officer directly owned 22,698 shares of the company’s stock, valued at $3,547,697.40. This represents a 9.89% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Insiders sold 17,227 shares of company stock worth $2,598,301 in the last ninety days. 0.84% of the stock is currently owned by company insiders.

Wall Street Analyst Weigh In

A number of analysts have recently weighed in on the stock. Morgan Stanley reduced their target price on shares of Intercontinental Exchange from $187.00 to $163.00 and set an “equal weight” rating on the stock in a report on Friday, July 10th. Piper Sandler dropped their price target on Intercontinental Exchange from $211.00 to $190.00 and set an “overweight” rating for the company in a research report on Wednesday, July 15th. Wall Street Zen raised Intercontinental Exchange from a “sell” rating to a “hold” rating in a research note on Saturday, August 22nd. Rothschild & Co Redburn set a $177.00 price objective on Intercontinental Exchange in a research report on Thursday, June 11th. Finally, Barclays reaffirmed an “overweight” rating and issued a $182.00 price objective (up from $180.00) on shares of Intercontinental Exchange in a research note on Friday, July 31st. One analyst has rated the stock with a Strong Buy rating, nine have issued a Buy rating and two have issued a Hold rating to the company’s stock. According to MarketBeat.com, Intercontinental Exchange has an average rating of “Moderate Buy” and a consensus price target of $183.33.

View Our Latest Research Report on ICE

Intercontinental Exchange Trading Up 0.1%

Shares of ICE opened at $162.01 on Thursday. The company’s fifty day simple moving average is $143.78 and its 200-day simple moving average is $151.48. The company has a market cap of $90.95 billion, a P/E ratio of 22.88, a P/E/G ratio of 1.57 and a beta of 0.92. The company has a current ratio of 1.01, a quick ratio of 1.01 and a debt-to-equity ratio of 0.63. Intercontinental Exchange Inc. has a twelve month low of $121.79 and a twelve month high of $179.20.

Intercontinental Exchange (NYSE:ICE – Get Free Report) last released its quarterly earnings results on Thursday, July 30th. The financial services provider reported $1.90 EPS for the quarter, topping analysts’ consensus estimates of $1.84 by $0.06. The firm had revenue of $3.61 billion during the quarter, compared to analysts’ expectations of $2.63 billion. Intercontinental Exchange had a net margin of 30.08% and a return on equity of 14.95%. The firm’s revenue for the quarter was up 4.8% compared to the same quarter last year. During the same period in the previous year, the company earned $1.81 EPS. As a group, analysts expect that Intercontinental Exchange Inc. will post 8.1 EPS for the current year.

Intercontinental Exchange Company Profile

(Free Report)

Intercontinental Exchange (NYSE: ICE) is a global operator of exchanges, clearing houses and data services that provides infrastructure for the trading, clearing, settlement and information needs of financial and commodity markets. Founded in 2000 by Jeffrey C. Sprecher as an electronic energy trading platform, the company has grown through organic expansion and acquisitions to operate a broad portfolio of assets spanning listed equities, futures and options, fixed income, and over-the-counter derivatives.