The Evergreen Fund Landscape
Search documents
Morningstar Inc. (MORN) Expands Private Market Insights Through PitchBook, Analyst Highlights AI Positioning
Yahoo Finance· 2025-12-28 17:28
Core Insights - Morningstar Inc. is identified as a promising investment opportunity by analysts, particularly due to its recent initiatives and financial performance [1][2][4] Group 1: Financial Performance - Morningstar announced a 10% increase in its quarterly dividend to 50 cents per share, marking the fourth consecutive year of dividend growth, with a total increase of 12.35% over the last 12 months [2][3] - The annualized dividend yield is set to rise to $2 per share from $1.82 per share, reflecting the company's commitment to enhancing shareholder value [3] Group 2: Market Trends and Initiatives - The launch of "The Evergreen Fund Landscape" by Morningstar and PitchBook indicates a strategic focus on analyzing semiliquid private market funds, with evergreen fund assets doubling to nearly $500 billion since 2022 [1] - The report highlights that private credit is a significant driver of growth, with new product launches expected to reach record highs in 2025 [1] Group 3: Analyst Ratings and Strategic Focus - BMO Capital analyst Jeffrey Silber has reiterated a Buy rating on Morningstar, setting a price target of $250, citing the company's strategic focus on artificial intelligence and its unique data offerings [4] - The PitchBook platform's integration of AI with human intelligence is noted as a key differentiator in the evolving market landscape [4]