Morningstar (NASDAQ:MORN) Issues Quarterly Earnings Results, Beats Expectations By $0.27 EPS

30 Jul 2026, 00:42 by Michael Walen · The Markets Daily

Morningstar (NASDAQ:MORN – Get Free Report) issued its quarterly earnings data on Wednesday. The business services provider reported $3.10 EPS for the quarter, topping analysts’ consensus estimates of $2.83 by $0.27, FiscalAI reports. The firm had revenue of $663.20 million for the quarter, compared to analyst estimates of $649.72 million. Morningstar had a net margin of 16.06% and a return on equity of 33.14%.

Morningstar Stock Up 2.3%

Shares of MORN traded up $4.54 during midday trading on Wednesday, hitting $198.66. The company had a trading volume of 1,035,246 shares, compared to its average volume of 529,482. The company’s 50 day moving average price is $171.61 and its 200 day moving average price is $177.40. The stock has a market cap of $7.56 billion, a price-to-earnings ratio of 20.23 and a beta of 1.01. Morningstar has a 52 week low of $141.49 and a 52 week high of $289.63. The company has a quick ratio of 1.03, a current ratio of 1.03 and a debt-to-equity ratio of 1.66.

Analyst Ratings Changes

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

Get Our Latest Stock Analysis on Morningstar

Insider Activity at Morningstar

In other news, Chairman Joseph D. Mansueto sold 7,250 shares of the stock in a transaction dated Wednesday, May 6th. The shares were sold at an average price of $166.23, for a total transaction of $1,205,167.50. Following the transaction, the chairman owned 8,114,492 shares of the company’s stock, valued at approximately $1,348,872,005.16. This trade represents a 0.09% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is accessible through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders have sold a total of 64,720 shares of company stock worth $11,169,471 over the last quarter. Company insiders own 38.80% of the company’s stock.

Institutional Trading of Morningstar

Several institutional investors and hedge funds have recently bought and sold shares of the company. Measured Wealth Private Client Group LLC acquired a new position in shares of Morningstar in the 3rd quarter worth approximately $26,000. Osterweis Capital Management Inc. bought a new position in Morningstar during the second quarter worth $29,000. Quarry LP lifted its stake in Morningstar by 51.2% during the fourth quarter. Quarry LP now owns 189 shares of the business services provider’s stock worth $41,000 after purchasing an additional 64 shares during the last quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. boosted its holdings in Morningstar by 23.6% in the first quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 178 shares of the business services provider’s stock worth $53,000 after purchasing an additional 34 shares during the period. Finally, Geneos Wealth Management Inc. boosted its holdings in Morningstar by 278.2% in the first quarter. Geneos Wealth Management Inc. now owns 208 shares of the business services provider’s stock worth $62,000 after purchasing an additional 153 shares during the period. Institutional investors and hedge funds own 57.02% of the company’s stock.

About Morningstar

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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.