Cannae Holdings, Inc. $CNNE Stock: Shayne & Jacobs LLC Decreases Holdings

Posted by Francis Steltz on Oct 22nd, 2026

Shayne & Jacobs LLC lowered its stake in shares of Cannae Holdings, Inc. (NYSE:CNNE – Free Report) by 52.6% in the third quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 39,910 shares of the company’s stock after selling 44,253 shares during the quarter. Shayne & Jacobs LLC’s holdings in Cannae were worth $612,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors have also added to or reduced their stakes in the company. Sax Wealth Advisors LLC bought a new position in Cannae in the 3rd quarter worth about $165,000. GAMMA Investing LLC increased its stake in shares of Cannae by 64.4% in the third quarter. GAMMA Investing LLC now owns 3,301 shares of the company’s stock valued at $51,000 after purchasing an additional 1,293 shares during the period. Engineers Gate Manager LP raised its holdings in shares of Cannae by 31.4% during the second quarter. Engineers Gate Manager LP now owns 72,630 shares of the company’s stock valued at $1,046,000 after buying an additional 17,350 shares during the last quarter. Integrated Wealth Concepts LLC bought a new stake in shares of Cannae during the second quarter valued at approximately $116,000. Finally, Allworth Financial LP raised its holdings in shares of Cannae by 225.7% during the second quarter. Allworth Financial LP now owns 2,231 shares of the company’s stock valued at $32,000 after buying an additional 1,546 shares during the last quarter. Institutional investors and hedge funds own 88.12% of the company’s stock.

Wall Street Analysts Forecast Growth

Several research firms recently commented on CNNE. Wall Street Zen upgraded Cannae from a “sell” rating to a “hold” rating in a research report on Saturday, August 15th. Weiss Ratings downgraded Cannae from a “sell (d)” rating to a “sell (d-)” rating in a research note on Thursday, October 8th. Finally, Royal Bank Of Canada boosted their price target on Cannae from $16.00 to $17.00 and gave the stock an “outperform” rating in a research report on Friday, October 9th. Two analysts have rated the stock with a Buy rating and one has issued a Sell rating to the company’s stock. According to data from MarketBeat, the company currently has a consensus rating of “Hold” and an average target price of $17.00.

Get Our Latest Analysis on Cannae

Cannae Trading Down 0.2%

Shares of CNNE stock opened at $16.11 on Thursday. The stock has a 50-day simple moving average of $15.54 and a 200 day simple moving average of $14.56. Cannae Holdings, Inc. has a fifty-two week low of $10.46 and a fifty-two week high of $18.84. The stock has a market capitalization of $698.65 million, a P/E ratio of -5.33 and a beta of 1.23. The company has a quick ratio of 1.24, a current ratio of 1.24 and a debt-to-equity ratio of 0.07.

Cannae (NYSE:CNNE – Get Free Report) last released its earnings results on Monday, August 10th. The company reported $0.86 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of ($0.42) by $1.28. Cannae had a negative return on equity of 14.10% and a negative net margin of 38.18%. The firm had revenue of $102.20 million for the quarter, compared to analyst estimates of $99.65 million.

Cannae Announces Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Wednesday, September 30th. Stockholders of record on Wednesday, September 16th were given a dividend of $0.15 per share. The ex-dividend date was Wednesday, September 16th. This represents a $0.60 annualized dividend and a dividend yield of 3.7%. Cannae’s dividend payout ratio (DPR) is -19.87%.

Cannae Profile

(Free Report)

Cannae Holdings, Inc is a diversified investment company that manages a portfolio of operating businesses and strategic investments. The company focuses on sectors including restaurants, financial services, payments, and business services, with the goal of building long-term value through active ownership and capital allocation.

Cannae has held interests in a range of companies, including restaurant operators, payment technology businesses, and providers of financial and business services.