Quantinno Capital Management LP grew its stake in ICL Group Ltd. (NYSE:ICL – Free Report) by 19.6% in the first quarter, HoldingsChannel.com reports. The institutional investor owned 942,340 shares of the basic materials company’s stock after buying an additional 154,459 shares during the period. Quantinno Capital Management LP’s holdings in ICL Group were worth $4,865,000 as of its most recent filing with the Securities & Exchange Commission.
Several other institutional investors have also recently made changes to their positions in the stock. AQR Capital Management LLC bought a new position in shares of ICL Group during the 1st quarter valued at approximately $107,000. Goldman Sachs Group Inc. raised its stake in ICL Group by 120.2% during the 1st quarter. Goldman Sachs Group Inc. now owns 4,153,799 shares of the basic materials company’s stock worth $23,635,000 after acquiring an additional 2,267,245 shares during the period. United Services Automobile Association raised its stake in ICL Group by 20.4% during the 1st quarter. United Services Automobile Association now owns 26,218 shares of the basic materials company’s stock worth $153,000 after acquiring an additional 4,438 shares during the period. Rhumbline Advisers lifted its holdings in ICL Group by 19.4% during the first quarter. Rhumbline Advisers now owns 32,793 shares of the basic materials company’s stock valued at $187,000 after purchasing an additional 5,318 shares in the last quarter. Finally, Russell Investments Group Ltd. lifted its holdings in ICL Group by 35.0% during the second quarter. Russell Investments Group Ltd. now owns 184,891 shares of the basic materials company’s stock valued at $1,268,000 after purchasing an additional 47,887 shares in the last quarter. Institutional investors own 13.38% of the company’s stock.
More ICL Group News
Here are the key news stories impacting ICL Group this week:
- Positive Sentiment: Q2 earnings and revenue beat estimates: ICL reported adjusted earnings of $0.12 per share, above the $0.11 consensus estimate and up from $0.09 a year earlier. Revenue reached approximately $2.13 billion–$2.14 billion, exceeding the $2.01 billion analyst forecast. ICL Group Surpasses Q2 Earnings and Revenue Estimates
- Positive Sentiment: Cost program targets substantial profit improvement: ICL launched its “Elevate” program, targeting $350 million in annual EBITDA improvement by the end of 2028. The initiative could support margins, cash flow and earnings if savings are successfully implemented. ICL Outlines Elevate Cost Program
- Positive Sentiment: Dividend increased: ICL declared a quarterly dividend of $0.0581 per share, an 8.6% increase from the prior $0.05 payment. The annualized yield is approximately 4.4%; the stock is scheduled to trade ex-dividend on September 2, with payment on September 16. ICL Group Dividend Information
- Neutral Sentiment: Investor focus shifts to execution: Despite the quarterly beat, ICL’s profitability remains relatively modest, with a reported net margin of 3.95% and return on equity of 8.44%. Investors will likely evaluate whether the Elevate savings can offset industry and commodity-related pressures. ICL Reports Second Quarter 2026 Results
Analyst Ratings Changes
View Our Latest Stock Report on ICL Group
ICL Group Trading Up 0.9%
Shares of ICL opened at $5.28 on Friday. The firm has a market cap of $6.81 billion, a P/E ratio of 21.98 and a beta of 0.96. The company has a debt-to-equity ratio of 0.35, a current ratio of 1.38 and a quick ratio of 0.80. ICL Group Ltd. has a 1 year low of $4.76 and a 1 year high of $6.97. The company has a 50 day simple moving average of $5.29 and a two-hundred day simple moving average of $5.44.
ICL Group (NYSE:ICL – Get Free Report) last released its earnings results on Wednesday, August 5th. The basic materials company reported $0.12 EPS for the quarter, topping the consensus estimate of $0.11 by $0.01. The firm had revenue of $2.13 billion for the quarter, compared to the consensus estimate of $2.01 billion. ICL Group had a net margin of 3.95% and a return on equity of 8.44%. On average, equities analysts expect that ICL Group Ltd. will post 0.43 earnings per share for the current fiscal year.
ICL Group Increases Dividend
The company also recently announced a quarterly dividend, which will be paid on Wednesday, September 16th. Stockholders of record on Wednesday, September 2nd will be issued a $0.0581 dividend. This represents a $0.23 annualized dividend and a dividend yield of 4.4%. This is a positive change from ICL Group’s previous quarterly dividend of $0.05. The ex-dividend date of this dividend is Wednesday, September 2nd. ICL Group’s payout ratio is presently 80.00%.
ICL Group Company Profile
ICL Group is a global specialty minerals and chemicals company headquartered in Tel Aviv, Israel. Established in its current form through the consolidation of Israeli government–owned chemical operations, ICL has evolved into a publicly traded entity on the New York Stock Exchange (NYSE: ICL). The company’s origins date back to state-driven mineral extraction in the Negev and the Dead Sea region, and over the decades it has grown through strategic acquisitions, technological innovation and a gradual privatization process completed in the early 2010s.
ICL’s core operations are organized into three principal business areas.
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