B of A Securities Raises Target for MarketAxess Holdings to $170

B of A Securities has raised its price target for MarketAxess Holdings Inc. (NasdaqGS: MKTX) to $170, as of June 12, 2026. The firm has maintained a hold rating on the stock. This move comes as MarketAxess shares are trading around $120.89.

Other Institutional Activity in MarketAxess Holdings

Several institutional investors have recently adjusted their positions in MarketAxess Holdings. BlackRock, Inc. added 328,682 shares, bringing its total to 4,075,154 shares valued at approximately $672.3 million. Primecap Management Co/CA/ increased its holdings by 171,700 shares to a total of 3,347,125 shares worth around $552.2 million. AQR Capital Management LLC also boosted its position by 125,648 shares, ending with 2,683,745 shares valued at about $442.8 million. Vanguard Portfolio Management LLC and Vanguard Capital Management LLC both hold significant positions, with 2,163,671 and 1,609,259 shares respectively.

MarketAxess Holdings Stock Snapshot

Shares of MarketAxess Holdings Inc. (NasdaqGS: MKTX) are trading near $120.89. The company has a market cap of approximately $4.3 billion and a P/E ratio of 14.3. Its forward P/E ratio stands at 13.6, and it has a beta of 0.854. The stock's 52-week range is between $113.29 and $226.64, with a 50-day moving average of $147.77 and a 200-day moving average of $167.67. The company maintains a healthy current ratio of 4.94 and a quick ratio of 4.28, with a debt-to-equity ratio of 24.25.

Recent Earnings

In its latest financial report, MarketAxess Holdings posted revenue of $871.1 million, reflecting a growth rate of 11.9%. The company reported an EPS of $8.44, with a net margin of 35.5% and a return on equity of 24.3%. The next earnings report is scheduled for May 7, 2026.

Dividend

MarketAxess Holdings pays an annual dividend of $3.12, yielding 2.58%. The dividend payout ratio is 36.3%.

Insider Buying and Selling at MarketAxess Holdings Inc.

On June 10, 2026, several insiders made transactions involving MarketAxess shares. Nancy Altobello, William Frank Jr. Cruger, Jane Chwick, Kenneth Schiciano, and Steven Begleiter each purchased 1,390 shares. Scott Pintoff, the General Counsel and Secretary, sold 100 shares at an average price of $116.03 in a planned transaction.

Analysts Set New Price Targets

On June 12, 2026, B of A Securities upgraded MarketAxess Holdings to a hold rating with a price target of $170. On June 11, 2026, Rothschild & Co downgraded the stock to a hold with a target of $134. UBS maintained its buy rating on May 11, 2026, with a target of $215. The consensus among 11 analysts is a buy rating, with a mean target price of $179.45.

About MarketAxess Holdings Inc.

MarketAxess Holdings Inc., headquartered in New York, operates an electronic trading platform for institutional investors and broker-dealer firms worldwide. The company provides trading technology for various fixed-income securities, including U.S. high-grade and high-yield bonds, emerging market debt, and municipal bonds. MarketAxess also offers automated and algorithmic trading solutions, along with a range of pre-and post-trade services.

Bottom Line

B of A Securities' recent target raise for MarketAxess Holdings reflects ongoing interest in the company's performance and prospects. With its shares trading below the new target, investors might be keen to see how the company performs in the coming months. As always, it's important to remember that analyst ratings are just one piece of the puzzle and may not represent the current market sentiment.