Morningstar Stock Price, News & Analysis

Morningstar (Nasdaq: MORN) has announced a strategic acquisition of the Center for Research in Security Prices (CRSP) from the University of Chicago for $375 million. The acquisition will position Morningstar as one of the largest index providers for public US equity index funds, with CRSP's indexes currently serving as benchmarks for over $3 trillion in US equities.

CRSP, founded in 1960, generates $55 million in annual revenue and is known for its comprehensive historical US equity and index data. The acquisition includes CRSP Market Indexes, which are tracked by several Vanguard funds including the Vanguard Total Stock Market Index Fund. The transaction is expected to close in Q4 2025, subject to regulatory approval.

Morningstar (Nasdaq: MORN), a leading provider of independent investment insights, has announced its quarterly dividend declaration. The company's board of directors has declared a dividend of 45.5 cents per share, maintaining the same level as the previous quarter's payment in July.

The dividend will be payable on October 31, 2025, to shareholders of record as of October 3, 2025.

Morningstar (NASDAQ: MORN) has released its fourth annual Voice of the Asset Owner survey, revealing significant shifts in global investment strategies. The comprehensive study, covering 500+ asset owners across 11 countries managing approximately $19 trillion in assets, highlights three major trends:

First, 76% of asset owners view increasing trade disputes as material to investments, with 40% planning to reduce US allocations. Second, ESG integration is expanding, with 20% of asset owners applying ESG to over 75% of their AUM, an 8% increase from 2024. Third, climate considerations are gaining prominence, with 56% prioritizing climate transition readiness and 50% measuring carbon footprints.

The survey also reveals strong support for ESG regulations, with 55% of asset owners viewing them positively, while 46% oppose recent regulatory rollbacks.

Morningstar (Nasdaq: MORN) has launched the groundbreaking Morningstar PitchBook US Modern Market 100 Index, the first benchmark combining public and private equity exposure in a single index. The innovative index tracks 100 of the largest US companies, blending 90 public firms with 10 venture-backed private leaders like SpaceX, OpenAI, and Stripe.

The index maintains a 90% public and 10% private allocation to reflect market structure, with daily calculations based on verified secondary market transactions for private companies and exchange closes for public firms. Built for investability, it features transparent pricing, liquidity screens, and quarterly rebalances, providing investors a unified framework to evaluate both public and private investments.

Morningstar (Nasdaq: MORN) has launched its first-ever Morningstar Medalist Ratings for Semiliquid Funds, introducing a qualitative rating system to evaluate the growing semiliquid fund market, which has expanded over 60% since 2022.

The ratings use a five-tier scale (Gold, Silver, Bronze, Neutral, and Negative) and assess funds based on investment process, management team, and parent firm criteria. In their initial batch of ratings, PIMCO Flexible Credit Income received a Silver rating, while PIMCO Flexible Municipal Income earned Bronze. Several other funds from Capital Group KKR and TCW received Neutral ratings, with First Trust Alternative Opportunities receiving a Negative rating.

The new rating system aims to bridge the information gap for investors navigating the complex semiliquid fund market, with ratings available on Morningstar.com and integrated into the Direct Platform products.

Morningstar Inc (Nasdaq: MORN) reported strong Q2 2025 financial results, with revenue growing 5.8% to $605.1 million and organic revenue increasing 5.9%. The company's operating income rose 15.3% to $125.1 million, while diluted earnings per share jumped 30.6% to $2.09.

Key business segments showed solid performance: PitchBook revenue grew 9.8% to $166.5M, Morningstar Direct Platform increased 6.2% to $209.2M, and Morningstar Credit rose 9.5% to $85.0M. The company continued its shareholder returns through stock buybacks, repurchasing 398,442 shares for $112.0 million during the quarter.

Operating margin improved to 20.7% from 19.0% year-over-year, while adjusted operating margin reached 23.7%. The company maintained a strong balance sheet with $541.6 million in cash and investments, though free cash flow decreased 48.3% to $62.4 million due to higher tax payments.

Morningstar (NASDAQ: MORN) has announced the winners of its 2025 U.S. Morningstar Awards for Investing Excellence, recognizing outstanding portfolio managers and asset management firms. The awards highlight three Outstanding Portfolio Manager categories: Will Danoff (Fidelity) for Equity, Bryan Krug (Artisan Partners) for Fixed Income, and David Giroux (T. Rowe Price) for Allocation. Dimensional Fund Advisors received the Exemplary Stewardship award for their firmwide commitment to investor interests.

Winners were selected through detailed qualitative analysis by Morningstar's manager research analysts. To qualify, managers must have strategies rated Gold or Silver by Morningstar, while stewardship nominees must maintain High or Above Average Parent Pillar ratings.

Morningstar (Nasdaq: MORN) announced it will release its second-quarter 2025 financial results after market close on Wednesday, July 30, 2025. While the company does not conduct analyst conference calls, investors can submit questions directly to investors@morningstar.com.

Morningstar (Nasdaq: MORN) has launched a new Canadian digital investment research hub, offering free access to localized investment research, data, and insights in both English and French. The platform is part of a broader rollout of 12 new digital experiences across Canada, Europe, and Asia, replacing legacy platforms.

The new Canadian platform features region-specific investment news, interactive investment screeners, personalized watchlists, and enhanced Morningstar research reports tailored to local regulatory frameworks. The service is offered completely free of charge and includes premium access to Morningstar's tools, insights, and member-only newsletters.