Danske Bank A S cut its stake in MarketAxess Holdings Inc. (NASDAQ:MKTX – Free Report) by 94.7% in the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 200 shares of the financial services provider’s stock after selling 3,563 shares during the period. Danske Bank A S’s holdings in MarketAxess were worth $36,000 at the end of the most recent reporting period.
Other hedge funds and other institutional investors also recently modified their holdings of the company. GenTrust LLC purchased a new stake in shares of MarketAxess during the 4th quarter worth approximately $292,000. Citizens Financial Group Inc. RI increased its stake in MarketAxess by 11.9% in the 4th quarter. Citizens Financial Group Inc. RI now owns 2,439 shares of the financial services provider’s stock valued at $442,000 after purchasing an additional 260 shares in the last quarter. Activest Wealth Management acquired a new position in MarketAxess during the fourth quarter worth $28,000. State of New Jersey Common Pension Fund D raised its holdings in MarketAxess by 2.1% during the fourth quarter. State of New Jersey Common Pension Fund D now owns 13,183 shares of the financial services provider’s stock worth $2,389,000 after purchasing an additional 266 shares during the last quarter. Finally, Flossbach Von Storch SE boosted its position in MarketAxess by 17.8% during the fourth quarter. Flossbach Von Storch SE now owns 93,100 shares of the financial services provider’s stock worth $16,874,000 after purchasing an additional 14,100 shares in the last quarter. 99.01% of the stock is currently owned by institutional investors and hedge funds.
Analysts Set New Price Targets
Several research firms have weighed in on MKTX. Weiss Ratings lowered MarketAxess from a “hold (c-)” rating to a “sell (d+)” rating in a report on Wednesday. Barclays cut their price target on MarketAxess from $182.00 to $178.00 and set an “equal weight” rating for the company in a research note on Monday, February 9th. Piper Sandler lowered their price objective on shares of MarketAxess from $180.00 to $175.00 and set a “neutral” rating on the stock in a research note on Wednesday, January 14th. Morgan Stanley dropped their target price on shares of MarketAxess from $204.00 to $195.00 and set an “equal weight” rating for the company in a report on Thursday, January 15th. Finally, Wall Street Zen upgraded shares of MarketAxess from a “sell” rating to a “hold” rating in a research report on Saturday, February 7th. Two investment analysts have rated the stock with a Buy rating, six have given a Hold rating and one has issued a Sell rating to the company. Based on data from MarketBeat.com, the stock currently has an average rating of “Hold” and a consensus target price of $193.13.
MarketAxess Stock Performance
MarketAxess stock opened at $147.53 on Friday. MarketAxess Holdings Inc. has a fifty-two week low of $145.95 and a fifty-two week high of $232.27. The company has a market capitalization of $5.19 billion, a price-to-earnings ratio of 17.44, a PEG ratio of 2.33 and a beta of 0.92. The stock has a fifty day moving average of $172.12 and a two-hundred day moving average of $171.94. The company has a debt-to-equity ratio of 0.19, a quick ratio of 2.80 and a current ratio of 2.17.
MarketAxess (NASDAQ:MKTX – Get Free Report) last issued its quarterly earnings data on Thursday, May 7th. The financial services provider reported $2.25 earnings per share (EPS) for the quarter, beating the consensus estimate of $2.15 by $0.10. The business had revenue of $233.38 million for the quarter, compared to the consensus estimate of $231.91 million. MarketAxess had a return on equity of 22.28% and a net margin of 35.53%.The business’s revenue was up 11.9% on a year-over-year basis. During the same period in the prior year, the business earned $1.87 earnings per share. On average, analysts anticipate that MarketAxess Holdings Inc. will post 8.15 EPS for the current fiscal year.
MarketAxess Dividend Announcement
The company also recently announced a quarterly dividend, which will be paid on Wednesday, June 3rd. Shareholders of record on Wednesday, May 20th will be issued a $0.78 dividend. This represents a $3.12 dividend on an annualized basis and a yield of 2.1%. The ex-dividend date is Wednesday, May 20th. MarketAxess’s dividend payout ratio is 36.88%.
Key MarketAxess News
Here are the key news stories impacting MarketAxess this week:
- Positive Sentiment: MarketAxess reported first-quarter 2026 EPS of $2.25, topping estimates of $2.15, while revenue reached $233.4 million, also above expectations and up 11.9% year over year. MarketAxess Reports First Quarter 2026 Financial Results
- Positive Sentiment: The company highlighted record total revenues and higher commission revenue, suggesting continued strength in its electronic fixed-income trading platform. MarketAxess Reports First Quarter 2026 Financial Results
- Positive Sentiment: Management and related coverage pointed to international expansion and AI initiatives as additional growth drivers, which could support longer-term revenue gains and platform differentiation. MKTX Q1 deep dive: International expansion and AI initiatives drive revenue growth
- Neutral Sentiment: The board also approved a quarterly dividend of $0.78 per share, reinforcing the company’s cash-return profile, though this is unlikely to be the main driver of the stock’s move today.
MarketAxess Company 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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