Morningstar Stock Price, News & Analysis

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.

Morningstar (Nasdaq: MORN) announced updates to its Medalist Rating methodology that will go live globally in April 2026. The update simplifies the rating structure, increases transparency of the quant-driven pillars (People, Process, Parent), and adds a new Medalist Rating Price Score ranging from -2.5 to 2.5 to reflect fee advantage or liability. Funds will be evaluated against their Morningstar Category average rather than a benchmark, and fixed rating thresholds will replace forced distribution to improve stability. The five-tier scale (Gold, Silver, Bronze, Neutral, Negative) and analyst-led pillar ratings remain central. Morningstar will publish methodology documents, an explainer article, a detailed FAQ, and host a client webinar to discuss the changes.

Morningstar (Nasdaq: MORN) announced integrations that let licensed users access its AI-ready data and research inside Microsoft AI tools, including Microsoft Foundry, Copilot Studio, and a coming connection to Microsoft 365 Copilot. The integrations surface Morningstar’s global coverage of open-end funds, ETFs, stocks, portfolio analytics, ratings, performance data, and proprietary methodologies, and enable entitlement-based secure access via the Morningstar Agent and the Model Context Protocol (MCP) Server.

Morningstar said the connectors aim to accelerate research, portfolio analysis, client reporting, compliance workflows, and custom AI agents for advisors, asset managers, and institutional investors.

Morningstar (Nasdaq: MORN) published its 2026 Outlook on November 17, 2025, offering global and regional guidance to help investors build durable portfolios amid uncertainty.

The report emphasizes preparation over prediction, drawing on Equity, Manager, and Behavioral research across the United States, United Kingdom, Australia, South Africa, and Asia. Core themes include a cyclical US dollar decline presenting opportunities in non-US markets, risks of AI concentration in US equities, and the need to stay focused amid tariff shifts, Fed leadership change, and rising unemployment.

Morningstar also announced multiple live webinars in November and December to discuss the Outlook.

Morningstar (Nasdaq: MORN) and PitchBook will launch the Morningstar PitchBook US Evergreen Fund Indexes, a rules-based index family covering semiliquid “evergreen” funds across private equity, private debt, real estate, infrastructure, and multi-asset strategies.

The full suite is expected to be available in Q1 2026 and includes monthly and daily subindexes to capture different reporting cadences. As of mid-2025 U.S. evergreen funds managed approximately $450 billion in net assets, up from $250 billion in 2022; Morningstar and PitchBook project the market could exceed $1 trillion by 2030.

Morningstar (Nasdaq: MORN) reported third-quarter 2025 results: revenue $617.4M (+8.4% reported, +9.0% organic) and adjusted operating income $150.6M (+15.6%).

Key drivers included strong performance at Morningstar Credit (revenue +28.5%) and contributions from Morningstar Direct Platform and PitchBook. Diluted EPS was $2.17 (down 21.7%), while adjusted diluted EPS rose to $2.55 (+27.5%). Free cash flow in the quarter was $160.1M (+2.8%). The company completed its $500M buyback program and the board approved a new $1B repurchase authorization effective Oct. 31, 2025.

Morningstar DBRS (NYSE:MORN) announced on October 28, 2025 the opening of a new Asia Pacific regional hub in Sydney, Australia, expanding its global credit ratings footprint into the region.

Key elements: AFSL granted by ASIC in October enabling issuance of credit ratings to wholesale clients in Australia; appointments of Kevin Stephenson (Head of APAC Credit Ratings) and Natalie Wells (Head of APAC Business Development); a local team supported by Morningstar DBRS’ ~900 professionals and capability to rate over 160 asset classes.

Morningstar, Inc. (Nasdaq: MORN) announced a strategic collaboration on October 22, 2025 to integrate Morningstar Retirement’s advisor managed accounts into NPPG Plan Professionals (NPPG) Pooled Employer Plan (PEP) offerings. The integration aims to deliver personalization at scale to small and mid-sized employers that historically lacked access to customized retirement plans.

The partnership positions NPPG as the pooled plan provider overseeing compliance, administration, and fiduciary duties while Morningstar supplies advisor-managed investment solutions. The release cites 56 million U.S. workers lacking workplace retirement plans and notes advisor eligibility will follow each advisor’s home office policies. For more information, visit Morningstar’s retirement business site.