William Blair Has Weak Outlook for MarketAxess Q3 Earnings

MarketAxess Holdings Inc. (NASDAQ:MKTX) – Investment analysts at William Blair cut their Q3 2025 earnings per share estimates for shares of MarketAxess in a research note issued on Wednesday, May 7th. William Blair analyst J. Schmitt now expects that the financial services provider will earn $1.84 per share for the quarter, down from their prior estimate of $1.91. William Blair currently has a “Outperform” rating on the stock. The consensus estimate for MarketAxess’ current full-year earnings is $7.79 per share. William Blair also issued estimates for MarketAxess’ Q4 2025 earnings at $1.75 EPS, FY2025 earnings at $7.35 EPS and FY2026 earnings at $8.10 EPS.

Other equities research analysts have also recently issued reports about the company. Barclays upped their target price on MarketAxess from $232.00 to $240.00 and gave the stock an “equal weight” rating in a research note on Thursday. The Goldman Sachs Group decreased their target price on shares of MarketAxess from $235.00 to $210.00 and set a “neutral” rating on the stock in a research note on Monday, February 10th. Piper Sandler dropped their price target on MarketAxess from $213.00 to $202.00 and set a “neutral” rating for the company in a research note on Thursday. Morgan Stanley boosted their price objective on MarketAxess from $263.00 to $283.00 and gave the stock an “overweight” rating in a research report on Thursday. Finally, Citigroup increased their target price on MarketAxess from $250.00 to $265.00 and gave the company a “buy” rating in a research report on Thursday. One investment analyst has rated the stock with a sell rating, six have given a hold rating and four have given a buy rating to the company. Based on data from MarketBeat, MarketAxess has an average rating of “Hold” and an average target price of $241.78.

MarketAxess Trading Up 2.1 %

Shares of MarketAxess stock opened at $230.97 on Friday. The company has a 50 day moving average of $216.59 and a 200-day moving average of $228.47. The company has a market cap of $8.59 billion, a PE ratio of 31.77, a price-to-earnings-growth ratio of 3.89 and a beta of 0.89. MarketAxess has a 1-year low of $186.84 and a 1-year high of $296.68.

MarketAxess (NASDAQ:MKTX) last announced its quarterly earnings data on Wednesday, May 7th. The financial services provider reported $1.87 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $1.82 by $0.05. MarketAxess had a net margin of 33.56% and a return on equity of 20.23%. The firm had revenue of $208.58 million for the quarter, compared to the consensus estimate of $211.81 million. During the same period in the prior year, the company posted $1.92 earnings per share. The business’s revenue for the quarter was down .8% on a year-over-year basis.

MarketAxess Announces Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Wednesday, June 4th. Stockholders of record on Wednesday, May 21st will be given a $0.76 dividend. This represents a $3.04 annualized dividend and a dividend yield of 1.32%. The ex-dividend date is Wednesday, May 21st. MarketAxess’s dividend payout ratio (DPR) is presently 41.82%.

Institutional Investors Weigh In On MarketAxess

Several institutional investors and hedge funds have recently made changes to their positions in the business. Barclays PLC boosted its holdings in shares of MarketAxess by 16.5% during the 3rd quarter. Barclays PLC now owns 140,760 shares of the financial services provider’s stock worth $36,063,000 after buying an additional 19,962 shares in the last quarter. Franklin Resources Inc. lifted its position in shares of MarketAxess by 242.7% during the 3rd quarter. Franklin Resources Inc. now owns 8,215 shares of the financial services provider’s stock valued at $2,337,000 after acquiring an additional 5,818 shares during the period. Principal Financial Group Inc. boosted its stake in MarketAxess by 22.9% during the third quarter. Principal Financial Group Inc. now owns 55,679 shares of the financial services provider’s stock worth $14,265,000 after acquiring an additional 10,361 shares in the last quarter. GAMMA Investing LLC grew its holdings in MarketAxess by 40.2% in the fourth quarter. GAMMA Investing LLC now owns 704 shares of the financial services provider’s stock worth $159,000 after purchasing an additional 202 shares during the period. Finally, Nordea Investment Management AB increased its stake in MarketAxess by 461.5% in the fourth quarter. Nordea Investment Management AB now owns 57,876 shares of the financial services provider’s stock valued at $13,041,000 after purchasing an additional 47,568 shares in the last quarter. Institutional investors own 99.01% of the company’s stock.

About MarketAxess

MarketAxess Holdings Inc, together with its subsidiaries, operates an electronic trading platform for institutional investor and broker-dealer companies worldwide. The company offers trading technology that provides liquidity access in U.S. high-grade bonds, U.S. high-yield bonds, emerging market debt, eurobonds, municipal bonds, U.S.