Caxton Associates LLP Acquires Shares of 24,977 Morningstar, Inc. $MORN

Caxton Associates LLP bought a new position in shares of Morningstar, Inc. (NASDAQ:MORN) in the first quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund bought 24,977 shares of the business services provider’s stock, valued at approximately $4,222,000.

A number of other large investors also recently made changes to their positions in the stock. Berkeley Inc bought a new position in shares of Morningstar in the 4th quarter valued at about $3,777,000. Fluent Financial LLC acquired a new stake in Morningstar in the 4th quarter valued at about $2,541,000. Thrivent Financial for Lutherans grew its holdings in Morningstar by 176.5% during the fourth quarter. Thrivent Financial for Lutherans now owns 35,185 shares of the business services provider’s stock worth $7,629,000 after purchasing an additional 22,459 shares during the period. WINTON GROUP Ltd bought a new position in Morningstar during the fourth quarter worth about $6,534,000. Finally, Oak Thistle LLC acquired a new position in Morningstar during the fourth quarter worth approximately $768,000. Institutional investors and hedge funds own 57.02% of the company’s stock.

Morningstar Price Performance

Shares of NASDAQ MORN opened at $167.57 on Friday. The firm has a market cap of $6.37 billion, a P/E ratio of 17.06 and a beta of 1.01. The company has a current ratio of 1.03, a quick ratio of 1.03 and a debt-to-equity ratio of 1.66. Morningstar, Inc. has a 1-year low of $141.49 and a 1-year high of $289.63. The business’s 50 day moving average is $170.48 and its 200-day moving average is $178.16.

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

Insider Transactions at Morningstar

In related news, Chairman Joseph D. Mansueto sold 2,270 shares of the company’s stock in a transaction dated Friday, May 22nd. The shares were sold at an average price of $176.72, for a total value of $401,154.40. Following the transaction, the chairman directly owned 8,043,492 shares in the company, valued at approximately $1,421,445,906.24. This represents a 0.03% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is accessible through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, Director William M. Lyons sold 700 shares of the firm’s stock in a transaction dated Wednesday, May 27th. The stock was sold at an average price of $179.00, for a total transaction of $125,300.00. Following the transaction, the director directly owned 13,904 shares in the company, valued at approximately $2,488,816. This represents a 4.79% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Over the last 90 days, insiders sold 64,720 shares of company stock valued at $11,169,471. 38.80% of the stock is currently owned by corporate insiders.

Key Stories Impacting Morningstar

Here are the key news stories impacting Morningstar this week:

• Positive Sentiment: Morningstar launched its new U.S. Capital Allocation Leaders Index, a research-driven index aimed at identifying companies with strong shareholder-friendly capital allocation practices. That expands Morningstar’s index and data offerings and could help support licensing and product revenue. Morningstar Launches US Capital Allocation Leaders Index, Providing Exposure to Companies with Exemplary Capital Allocation Practices
• Positive Sentiment: Global X rebranded its KRMA ETF into CPTL and lowered fees while adopting Morningstar’s new Capital Allocation Leaders Index, which increases visibility for Morningstar’s index methodology and may encourage additional ETF adoption. QUICK SPARK: Global X Rebrands KRMA Into CPTL, Powered By Morningstar’s New Capital Allocation Index
• Positive Sentiment: Some coverage highlighted Morningstar’s view that Nike could still have meaningful upside, reinforcing Morningstar’s influence as an investment-research source. Nike Continues a Troubled 2026 But Has Potential to Double According to Morningstar
• Neutral Sentiment: Morningstar DBRS said wildfires are not expected to create severe losses for the insurance industry. This is more of a market-risk assessment than a direct catalyst for Morningstar’s stock. Wildfires not resulting in severe losses for insurance industry: Morningstar DBRS
• Neutral Sentiment: There was also a prior note that Morningstar shares had pulled back recently, with some quant-style commentary suggesting the stock may be undervalued. That may provide some support, but it is not a fresh operating catalyst. Is Morningstar Inc (MORN) a Bargain After 3.5% Drop? GF Value Says Undervalued

Analyst Upgrades and Downgrades

A number of analysts have recently issued reports on the company. UBS Group cut their price objective on Morningstar from $280.00 to $260.00 and set a “buy” rating for the company in a research report on Tuesday, July 7th. Weiss Ratings upgraded Morningstar from a “sell (d+)” rating to a “hold (c-)” rating in a research note on Wednesday, July 15th. Rothschild & Co Redburn set a $210.00 price target on Morningstar in a report on Thursday, June 18th. Wall Street Zen raised shares of Morningstar from a “hold” rating to a “buy” rating in a research report on Sunday, June 21st. Finally, BMO Capital Markets reissued an “outperform” rating and issued a $212.00 price objective on shares of Morningstar in a research report on Friday, June 26th. Two investment analysts have rated the stock with a Buy rating and one has given a Hold rating to the company’s stock. According to MarketBeat, the company presently has an average rating of “Moderate Buy” and a consensus price target of $227.33.

Morningstar Profile

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.