Empowered Funds LLC Buys Shares of 36,285 Intercontinental Exchange Inc. $ICE

Posted by Geri Gentry on Sep 1st, 2026

Empowered Funds LLC purchased a new position in shares of Intercontinental Exchange Inc. (NYSE:ICE – Free Report) in the 2nd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm purchased 36,285 shares of the financial services provider’s stock, valued at approximately $4,467,000.

Several other institutional investors and hedge funds have also made changes to their positions in the stock. J. Stern & Co. LLP boosted its stake in shares of Intercontinental Exchange by 17,398.1% during 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 acquiring an additional 53,798,055 shares during the last quarter. BlackRock Inc. acquired a new position in Intercontinental Exchange in the 2nd quarter valued at about $6,245,085,000. Norges Bank purchased a new position in Intercontinental Exchange in the 4th quarter valued at about $1,418,228,000. Mitsubishi UFJ Asset Management Co. Ltd. purchased a new position in Intercontinental Exchange in the 2nd quarter valued at about $714,869,000. Finally, Flossbach Von Storch SE acquired a new stake in shares of Intercontinental Exchange during the 2nd quarter worth about $649,900,000. 89.30% of the stock is currently owned by hedge funds and other institutional investors.

Intercontinental Exchange Trading Down 1.0%

Shares of ICE opened at $160.74 on Tuesday. The company has a current ratio of 1.01, a quick ratio of 1.01 and a debt-to-equity ratio of 0.63. The firm has a market capitalization of $90.24 billion, a P/E ratio of 22.70, a price-to-earnings-growth ratio of 1.58 and a beta of 0.92. The stock’s fifty day simple moving average is $145.49 and its 200 day simple moving average is $151.35. Intercontinental Exchange Inc. has a twelve month low of $121.79 and a twelve month high of $177.76.

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

Insider Buying and Selling

In related news, Director Martha A. Tirinnanzi sold 1,340 shares of the stock in a transaction that occurred on Wednesday, August 26th. The shares were sold at an average price of $161.16, for a total transaction of $215,954.40. Following the completion of the sale, the director owned 3,747 shares of the company’s stock, valued at approximately $603,866.52. This represents a 26.34% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, 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 shares were sold at an average price of $156.30, for a total transaction of $389,343.30. Following the completion of the transaction, the chief financial officer owned 22,698 shares in the company, valued at $3,547,697.40. The trade was a 9.89% decrease in their position. The disclosure for this sale is available in the SEC filing. Over the last quarter, insiders sold 23,141 shares of company stock worth $3,554,192. Corporate insiders own 0.84% of the company’s stock.

Analyst Ratings Changes

A number of equities research analysts have recently commented on ICE shares. The Goldman Sachs Group lowered their price target on shares of Intercontinental Exchange from $208.00 to $180.00 and set a “buy” rating for the company in a report on Tuesday, June 30th. Weiss Ratings raised shares of Intercontinental Exchange from a “hold (c)” rating to a “hold (c+)” rating in a research note on Tuesday, August 25th. Morgan Stanley decreased 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 research report on Friday, July 10th. Raymond James Financial set a $208.00 target price on shares of Intercontinental Exchange in a research note on Monday, July 6th. Finally, Rothschild & Co Redburn set a $177.00 price target on Intercontinental Exchange in a report on Thursday, June 11th. One research analyst has rated the stock with a Strong Buy rating, nine have given a Buy rating and two have given a Hold rating to the stock. According to data from MarketBeat, the stock currently has a consensus rating of “Moderate Buy” and an average price target of $183.33.

Get Our Latest Analysis on ICE

About Intercontinental Exchange

(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.