GSA Capital Partners LLP bought a new position in shares of MarketAxess Holdings Inc. (NASDAQ:MKTX – Free Report) in the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor bought 5,137 shares of the financial services provider’s stock, valued at approximately $931,000.
Several other institutional investors have also modified their holdings of the company. MUFG Securities EMEA plc purchased a new position in MarketAxess in the 2nd quarter valued at approximately $25,000. Geneos Wealth Management Inc. increased its stake in MarketAxess by 200.0% in the 1st quarter. Geneos Wealth Management Inc. now owns 120 shares of the financial services provider’s stock valued at $26,000 after purchasing an additional 80 shares in the last quarter. Activest Wealth Management purchased a new position in MarketAxess in the 4th quarter valued at approximately $28,000. Pilgrim Partners Asia Pte Ltd purchased a new position in MarketAxess in the 3rd quarter valued at approximately $38,000. Finally, Stance Capital LLC purchased a new position in MarketAxess in the 3rd quarter valued at approximately $42,000. Hedge funds and other institutional investors own 99.01% of the company’s stock.
Wall Street Analyst Weigh In
Several equities analysts recently weighed in on the company. Keefe, Bruyette & Woods assumed coverage on MarketAxess in a research note on Wednesday, April 8th. They issued an “outperform” rating and a $195.00 price objective for the company. UBS Group dropped their price objective on MarketAxess from $225.00 to $215.00 and set a “buy” rating for the company in a research note on Monday, May 11th. Weiss Ratings downgraded MarketAxess from a “hold (c-)” rating to a “sell (d+)” rating in a research note on Wednesday, May 6th. Wall Street Zen raised MarketAxess from a “sell” rating to a “hold” rating in a research note on Saturday, February 7th. Finally, Argus downgraded MarketAxess from a “buy” rating to a “hold” rating in a research note on Tuesday, March 17th. Two investment analysts have rated the stock with a Buy rating, six have issued a Hold rating and one has issued a Sell rating to the stock. Based on data from MarketBeat, MarketAxess presently has an average rating of “Hold” and a consensus price target of $190.88.
Key Stories Impacting MarketAxess
Here are the key news stories impacting MarketAxess this week:
- Negative Sentiment: Zacks Research lowered MarketAxess’ FY2026 EPS estimate to $8.01 from $8.03, signaling slightly weaker full-year profit expectations. A Look At MarketAxess (MKTX) Valuation After Strong First Quarter 2026 Results And AI-Driven Growth
- Negative Sentiment: The analyst cut FY2027 EPS to $8.70 from $8.79 and FY2028 EPS to $9.49 from $9.58, reinforcing a slightly more cautious longer-term outlook for MKTX.
- Negative Sentiment: Several quarterly estimates were also lowered, including Q2 2026 to $1.92, Q3 2026 to $1.98, and Q4 2026 to $1.86, which may weigh on sentiment around near-term trading activity and revenue growth.
- Neutral Sentiment: Despite the cuts, Zacks still projects earnings above the current-year consensus of $8.08 per share for multiple future periods, which may limit downside if MarketAxess continues to execute well.
- Positive Sentiment: MarketAxess recently reported strong first-quarter 2026 results, including EPS and revenue that beat expectations, which continues to support the longer-term investment case. A Look At MarketAxess (MKTX) Valuation After Strong First Quarter 2026 Results And AI-Driven Growth
MarketAxess Stock Performance
NASDAQ MKTX opened at $137.13 on Friday. MarketAxess Holdings Inc. has a fifty-two week low of $135.00 and a fifty-two week high of $228.16. The stock has a market cap of $4.87 billion, a price-to-earnings ratio of 16.21, a price-to-earnings-growth ratio of 2.62 and a beta of 0.92. The business has a fifty day moving average of $162.07 and a 200-day moving average of $169.89. The company has a quick ratio of 2.17, a current ratio of 2.17 and a debt-to-equity ratio of 0.19.
MarketAxess (NASDAQ:MKTX – Get Free Report) last posted its quarterly earnings data on Thursday, May 7th. The financial services provider reported $2.25 EPS for the quarter, topping analysts’ consensus estimates of $2.15 by $0.10. The firm had revenue of $233.38 million during the quarter, compared to analysts’ expectations of $231.91 million. MarketAxess had a return on equity of 22.28% and a net margin of 35.53%.The firm’s quarterly revenue was up 11.9% compared to the same quarter last year. During the same quarter last year, the business posted $1.87 EPS. As a group, analysts predict that MarketAxess Holdings Inc. will post 8.04 earnings per share for the current fiscal year.
MarketAxess Dividend Announcement
The business also recently disclosed a quarterly dividend, which will be paid on Wednesday, June 3rd. Investors of record on Wednesday, May 20th will be given a dividend of $0.78 per share. This represents a $3.12 dividend on an annualized basis and a yield of 2.3%. The ex-dividend date is Wednesday, May 20th. MarketAxess’s dividend payout ratio (DPR) is currently 36.88%.
MarketAxess Profile
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.
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