CME Group: Piper Sandler maintains Overweight, PT raised to $296 from $283.

CME Group: Piper Sandler maintains Overweight, PT raised to $296 from $283.

In a recent update, Piper Sandler has maintained its "overweight" rating on CME Group Inc. (NASDAQ:CME) while significantly raising its price target from $283 to $296. This move underscores the brokerage's bullish sentiment on the financial services provider, which operates contract markets for futures and options on futures contracts worldwide.

The upgrade comes amidst a period of strong performance for CME Group. The company reported earnings of $2.80 EPS for the quarter, surpassing the consensus estimate of $2.61. The stock has also shown resilience, with a twelve-month high of $290.79 and a twelve-month low of $193.25. Additionally, CME Group has seen an increase in institutional ownership, with 87.75% of the stock held by institutional investors.

Piper Sandler's decision to raise its price target reflects the brokerage's optimism about the company's future prospects. The new target price of $296 implies a substantial 4.4% upside to the stock's last close. This upgrade comes on the heels of several other positive developments, including increased insider buying and a series of analyst upgrades.

Investors should also note that CME Group recently announced a quarterly dividend of $1.25 per share, paid on Wednesday, June 25th. This represents an annualized dividend of $5.00 and a yield of 1.80%, indicating the company's commitment to shareholder returns.

Overall, the combination of strong earnings, increased institutional ownership, and analyst upgrades has positioned CME Group as a favorable investment option. Piper Sandler's upgraded rating and higher price target further reinforce this sentiment.

References:
[1] https://www.marketbeat.com/instant-alerts/filing-patrick-mauro-investment-advisor-inc-has-1335-million-position-in-cme-group-inc-nasdaqcme-2025-07-15/
[2] https://www.tradingview.com/news/reuters.com,2025:newsml_L4N3T51BA:0-fvcbankcorp-gets-overweight-rating-as-piper-sandler-resumes-coverage/