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SNEX

StoneX Group Inc.

In the published model solve dated 2026-Q2, anchored at $75.89, StoneX Group Inc. (SNEX) is priced for +5.9% earnings growth. boothcheck publishes no house fair value, target price, or buy/sell rating; individual model outputs and user-controlled scenarios are analytical inputs, not Boothcheck targets. The narrative was composed July 11, 2026 from SEC EDGAR filings.

Published model solve
+5.9% earnings growth
Priced In
within-range

Key Takeaways

• StoneX became the largest non-bank futures commission merchant in the United States through the R.J. O'Brien acquisition, which added $35 million of pre-tax net income in the March quarter with synergies tracking toward a $50 million target, on top of a Commercial franchise its 10-K says hedges clients' ⟦"future production"⟧ across physical and financial markets (accession 0000913760-25-000196) [Source: fiscal Q2 2026 earnings call, May 2026]. • The price is the risk: at roughly 31 times GAAP

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Institutional ownership

372 institutional managers reported holding SNEX in 13F filings for the quarter ended 2026-03-31. Together they hold about 79% of the company; the top 10 hold 46%. 53 opened new positions that quarter. Held by BlackRock, Vanguard Group, T. Rowe Price, among others. On the short side, 3.4M shares were sold short as of the 2026-06-15 count, about 4% of shares outstanding (3.9 days of typical volume to cover).

Quarterly 13F filings arrive up to 45 days after quarter end, so the picture is never current (filed through 2026-05-29). Nothing here is investment advice.

Capital returns

SNEX has cut its share count 21.5% over the past five years, spending $8.60M on repurchases. It pays no dividend.

Share counts are split-adjusted; repurchase totals are gross of share issuance. Nothing here is investment advice.

Insider activity

Open-market insider buys at SNEX over the trailing three years: 2025: 2 buys totaling $216k. 16 officers and directors are on file.

Code P open-market purchases from SEC Form 4 filings, non-derivative, excluding scheduled 10b5-1 plans. Nothing here is investment advice.

Earnings reactions

SNEX's recent reports: the day-one move, then what the following quarter actually did.

reportday onenext quarter
2023-05-04-13.8%-0.1%
2023-08-03+5.5%-5.0%
2024-02-07-1.9%+2.2%
2024-05-10+3.0%+2.2%

Day-one is the close-to-close move around the filing. Nothing here is investment advice.

Recent filings

SNEX's latest 8-K filings: 2026-08-05 (items 2.02, 9.01); 2026-05-26 (items 8.01, 9.01); 2026-05-06 (items 2.02, 9.01); 2026-03-13 (items 8.01); 2026-03-12 (items 5.07, 7.01, 9.01).

Item codes are the SEC's own classification of what each report discloses. Dates link to the filing on EDGAR. Nothing here is investment advice.

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Model solve date: 2026-Q2
Narrative composed: July 11, 2026

For informational and research purposes only. Not investment advice. Not a recommendation to buy, sell, or hold any security. boothcheck is not a registered investment adviser. Past performance does not guarantee future results.