Morningstar Stock Price, News & Analysis

Morningstar (NASDAQ: MORN) completed its acquisition of the Center for Research in Security Prices (CRSP) from the University of Chicago for $365 million, subject to customary adjustments. The CRSP Market Indexes, benchmarks for over $3 trillion in U.S. equities, will be rebranded under Morningstar Indexes.

Morningstar also announced an agreement with Vanguard to continue using CRSP indexes for major funds including VTSAX/VTI and VIMAX/VO. The deal brings research data products and expands Morningstar’s benchmark coverage, citing over $4.2 trillion in assets linked and more than 370 investment products.

Morningstar (Nasdaq: MORN) will report its fourth-quarter and full-year 2025 financial results after market close on Thursday, Feb. 12, 2026. The company will not hold an analyst conference call; investors may submit written questions to investors@morningstar.com.

This is a results release timing notice only; no financial figures or guidance were provided in this announcement.

Morningstar (NASDAQ: MORN) launched the Morningstar PitchBook GenAI 20 Index on January 15, 2026, a perpetual benchmark that tracks pure-play generative AI companies across the private-to-public lifecycle.

The rules-based index uses PitchBook private markets data and a classification framework to identify companies advancing machine learning, natural language processing, computer vision, and agentic AI. Its perpetual structure preserves continuity of exposure as firms transition from private markets to public listings, offering a consistent measure of GenAI leadership for investors and analysts.

Morningstar (Nasdaq: MORN) will become the authorized index provider for PIMFA’s Private Investor Index Series and Equity Risk Index Series effective 2 March 2026. The indexes will be rebranded as the Morningstar PIMFA Investor Index Series and the Morningstar PIMFA Equity Risk Index Series.

The five-index suite covers equities, fixed income, real estate, cash and alternatives across five risk profiles (Conservative, Income, Balanced, Growth, Global Growth). Morningstar will manage and maintain the series and deliver 10 years of historical data from launch to support benchmarking, asset allocation reviews and manager comparisons for UK wealth managers.

Morningstar (Nasdaq: MORN) launched the 2026 Managed Accounts Research Series and the Defined Contribution Outcomes Model (DCOM), a simulation framework that uses millions of participant records to assess plan-design interventions in workplace retirement plans.

Key findings: managed accounts could raise median wealth-to-salary at age 65 by +5.9% for TDF investors, +11.4% for self-directed investors, and +7.7% across all participants; the youngest cohort (ages 20–24) may see up to +22%; 92% of plans with auto-enrollment/auto-escalation showed improved median projected wealth for TDF investors.

Morningstar (Nasdaq: MORN) announced that Anne Bramman was elected to its board of directors on January 5, 2026. Bramman serves as a board director and audit committee chair at McCormick and as a senior advisor at Boston Consulting Group. Her prior roles include CFO positions at Nordstrom, Avery Dennison, Carnival Cruise Line, L Brands, and CFO/chief growth officer at Circana (2023–2024). Morningstar highlighted her 30+ years of financial leadership, experience in transformation, M&A, and mentoring finance talent.

Morningstar (Nasdaq: MORN) and PitchBook launched a quarterly research series, “The Evergreen Fund Landscape,” and preliminary Morningstar PitchBook US Evergreen Fund Indexes to increase transparency for U.S. evergreen (semiliquid) private market funds.

Key inaugural findings: AUM has doubled since 2022 and is approaching $500 billion; direct lending and private credit drove growth; interval and tender offer funds posted > $40 billion net inflows through September 2025; median expense ratios remain above 3%; wide return dispersion across strategies was observed. The indexes will fully launch in early 2026.

Morningstar (Nasdaq: MORN) and PitchBook launched app integrations in ChatGPT on December 17, 2025, enabling licensed users to query proprietary public and private market data and research directly inside ChatGPT.

Key features include natural-language Q&A, analyst-backed ratings and research available without leaving ChatGPT, and enterprise-grade security. The integrations build on Morningstar and PitchBook's wider AI strategy and existing connectors with Anthropic, Microsoft, and several LLM tools to deliver data and in-platform AI workflows for investors and advisors.

Morningstar (Nasdaq: MORN) declared a quarterly dividend of $0.50 per share, an increase of approximately 10% from the prior quarterly rate of $0.455. The dividend is payable Jan. 30, 2026 to shareholders of record as of Jan. 2, 2026.

The 4.5-cent quarterly increase raises the annualized dividend to $2.00 per share from the prior $1.82 per share. The company expects to pay three additional dividends in 2026 with record/payable dates of Apr. 3/Apr. 30, July 10/July 31, and Oct. 2/Oct. 30. Subsequent dividends remain subject to board approval.