MORNINGSTAR INC

Ticker: MORN CUSIP: 617700109 Class: Common Stock

Cardinal Capital Management's Holding History (CIK: 0001434845)

Note: Option positions (PUT/CALL) are excluded.

Q4 2025

Shares 13,043 Value ($000) $2,834 Avg Close $216.57 Range $202.89 - $233.46

Q3 2025

Shares 13,902 Value ($000) $3,225 Avg Close $266.56 Range $230.09 - $313.40

Q2 2025

Shares 13,854 Value ($000) $4,349 Avg Close $296.03 Range $250.34 - $316.71

Q1 2025

Shares 12,335 Value ($000) $3,699 Avg Close $314.89 Range $278.64 - $338.50

Q4 2024

Shares 12,060 Value ($000) $4,061 Avg Close $341.38 Range $312.59 - $365.00

Q3 2024

Shares 12,095 Value ($000) $3,860 Avg Close $310.75 Range $294.45 - $330.22

Q2 2024

Shares 11,839 Value ($000) $3,503 Avg Close $295.99 Range $281.37 - $316.06

Q1 2024

Shares 11,740 Value ($000) $3,620 Avg Close $288.05 Range $269.51 - $316.05

Q4 2023

Shares 10,693 Value ($000) $3,061 Avg Close $260.56 Range $219.45 - $289.17

Q3 2023

Shares 10,815 Value ($000) $2,533 Avg Close $225.76 Range $188.97 - $257.28

Q2 2023

Shares 10,657 Value ($000) $2,090 Avg Close $198.02 Range $163.28 - $210.95

Q1 2023

Shares 10,570 Value ($000) $2,146 Avg Close $219.87 Range $180.99 - $259.28

Q4 2022

Shares 10,535 Value ($000) $2,282 Avg Close $227.96 Range $207.11 - $252.04

Q3 2022

Shares 10,439 Value ($000) $2,216 Avg Close $237.81 Range $208.48 - $261.16

Q2 2022

Shares 10,296 Value ($000) $2,490 Avg Close $252.01 Range $218.25 - $293.64

Q1 2022

Shares 12,012 Value ($000) $3,281 Avg Close $282.62 Range $251.56 - $343.54

Q4 2021

Shares 11,843 Value ($000) $4,050 Avg Close $309.54 Range $253.81 - $350.21

Q3 2021

Shares 12,093 Value ($000) $3,132 Avg Close $262.72 Range $242.31 - $288.54

Q2 2021

Shares 12,067 Value ($000) $3,103 Avg Close $242.63 Range $224.56 - $270.08

Q1 2021

Shares 13,034 Value ($000) $2,933 Avg Close $234.34 Range $213.55 - $255.75

Q4 2020

Shares 13,071 Value ($000) $3,027 Avg Close $198.64 Range $159.23 - $232.06

Q3 2020

Shares 13,060 Value ($000) $2,098 Avg Close $157.98 Range $140.37 - $178.57

Q2 2020

Shares 12,809 Value ($000) $1,805 Avg Close $141.17 Range $109.25 - $165.19

Q1 2020

Shares 12,161 Value ($000) $1,413 Avg Close $144.90 Range $102.59 - $166.59

Q4 2019

Shares 13,578 Value ($000) $2,054 Avg Close $153.53 Range $141.94 - $163.94

Q3 2019

Shares 13,820 Value ($000) $2,019 Avg Close $153.95 Range $144.37 - $162.53

Q2 2019

Shares 14,230 Value ($000) $2,058 Avg Close $138.03 Range $126.26 - $149.70

Q1 2019

Shares 15,104 Value ($000) $1,902 Avg Close $120.22 Range $99.67 - $129.99

Q4 2018

Shares 14,981 Value ($000) $1,645 Avg Close $117.21 Range $104.56 - $133.74

Q3 2018

Shares 14,698 Value ($000) $1,850 Avg Close $134.79 Range $125.47 - $144.34

Q2 2018

Shares 14,727 Value ($000) $1,889 Avg Close $114.36 Range $93.30 - $134.95

Q1 2018

Shares 14,670 Value ($000) $1,401 Avg Close $96.16 Range $90.00 - $103.46

Q4 2017

Shares 14,793 Value ($000) $1,434 Avg Close $90.03 Range $82.64 - $99.11

Q3 2017

Shares 14,839 Value ($000) $1,261 Avg Close $81.52 Range $77.46 - $85.58

Q2 2017

Shares 13,450 Value ($000) $1,054 Avg Close $75.47 Range $68.43 - $79.55

Q1 2017

Shares 11,377 Value ($000) $894 Avg Close $77.78 Range $72.85 - $81.97

Q4 2016

Shares 11,183 Value ($000) $823 Avg Close $73.51 Range $67.74 - $79.30

Q3 2016

Shares 9,424 Value ($000) $747 Avg Close $82.20 Range $73.84 - $85.49

Q2 2016

Shares 8,559 Value ($000) $700 Avg Close $83.58 Range $76.57 - $89.44

Q1 2016

Shares 8,058 Value ($000) $711 Avg Close $79.71 Range $74.78 - $88.66

Q4 2015

Shares 7,450 Value ($000) $599 Avg Close $81.02 Range $77.61 - $84.99

Q3 2015

Shares 7,166 Value ($000) $575 Avg Close $81.64 Range $76.60 - $86.88

Q2 2015

Shares 6,274 Value ($000) $499 Avg Close $76.58 Range $71.89 - $80.93

Q1 2015

Shares 4,911 Value ($000) $368 Avg Close $70.94 Range $62.14 - $78.51

Q4 2014

Shares 4,088 Value ($000) $265 Avg Close $66.23 Range $61.03 - $71.08

Q3 2014

Shares 3,785 Value ($000) $257 Avg Close $68.45 Range $66.30 - $72.76

Q2 2014

Shares 3,514 Value ($000) $252 Avg Close $73.12 Range $67.77 - $80.00

Q1 2014

Shares 2,955 Value ($000) $234 Avg Close $79.64 Range $73.97 - $84.05

Q4 2013

Shares 2,711 Value ($000) $212 Avg Close $79.53 Range $73.40 - $85.97

Q3 2013

Shares 2,714 Value ($000) $215 Avg Close $77.30 Range $74.19 - $80.00

Q2 2013

Shares 2,648 Value ($000) $205 Avg Close $69.29 Range $63.01 - $77.83

Period	Shares	Value ($000)	Average Close	Price Range
Q4 2025	13,043	$2,834	$216.57	$202.89 - $233.46
Q3 2025	13,902	$3,225	$266.56	$230.09 - $313.40
Q2 2025	13,854	$4,349	$296.03	$250.34 - $316.71
Q1 2025	12,335	$3,699	$314.89	$278.64 - $338.50
Q4 2024	12,060	$4,061	$341.38	$312.59 - $365.00
Q3 2024	12,095	$3,860	$310.75	$294.45 - $330.22
Q2 2024	11,839	$3,503	$295.99	$281.37 - $316.06
Q1 2024	11,740	$3,620	$288.05	$269.51 - $316.05
Q4 2023	10,693	$3,061	$260.56	$219.45 - $289.17
Q3 2023	10,815	$2,533	$225.76	$188.97 - $257.28
Q2 2023	10,657	$2,090	$198.02	$163.28 - $210.95
Q1 2023	10,570	$2,146	$219.87	$180.99 - $259.28
Q4 2022	10,535	$2,282	$227.96	$207.11 - $252.04
Q3 2022	10,439	$2,216	$237.81	$208.48 - $261.16
Q2 2022	10,296	$2,490	$252.01	$218.25 - $293.64
Q1 2022	12,012	$3,281	$282.62	$251.56 - $343.54
Q4 2021	11,843	$4,050	$309.54	$253.81 - $350.21
Q3 2021	12,093	$3,132	$262.72	$242.31 - $288.54
Q2 2021	12,067	$3,103	$242.63	$224.56 - $270.08
Q1 2021	13,034	$2,933	$234.34	$213.55 - $255.75
Q4 2020	13,071	$3,027	$198.64	$159.23 - $232.06
Q3 2020	13,060	$2,098	$157.98	$140.37 - $178.57
Q2 2020	12,809	$1,805	$141.17	$109.25 - $165.19
Q1 2020	12,161	$1,413	$144.90	$102.59 - $166.59
Q4 2019	13,578	$2,054	$153.53	$141.94 - $163.94
Q3 2019	13,820	$2,019	$153.95	$144.37 - $162.53
Q2 2019	14,230	$2,058	$138.03	$126.26 - $149.70
Q1 2019	15,104	$1,902	$120.22	$99.67 - $129.99
Q4 2018	14,981	$1,645	$117.21	$104.56 - $133.74
Q3 2018	14,698	$1,850	$134.79	$125.47 - $144.34
Q2 2018	14,727	$1,889	$114.36	$93.30 - $134.95
Q1 2018	14,670	$1,401	$96.16	$90.00 - $103.46
Q4 2017	14,793	$1,434	$90.03	$82.64 - $99.11
Q3 2017	14,839	$1,261	$81.52	$77.46 - $85.58
Q2 2017	13,450	$1,054	$75.47	$68.43 - $79.55
Q1 2017	11,377	$894	$77.78	$72.85 - $81.97
Q4 2016	11,183	$823	$73.51	$67.74 - $79.30
Q3 2016	9,424	$747	$82.20	$73.84 - $85.49
Q2 2016	8,559	$700	$83.58	$76.57 - $89.44
Q1 2016	8,058	$711	$79.71	$74.78 - $88.66
Q4 2015	7,450	$599	$81.02	$77.61 - $84.99
Q3 2015	7,166	$575	$81.64	$76.60 - $86.88
Q2 2015	6,274	$499	$76.58	$71.89 - $80.93
Q1 2015	4,911	$368	$70.94	$62.14 - $78.51
Q4 2014	4,088	$265	$66.23	$61.03 - $71.08
Q3 2014	3,785	$257	$68.45	$66.30 - $72.76
Q2 2014	3,514	$252	$73.12	$67.77 - $80.00
Q1 2014	2,955	$234	$79.64	$73.97 - $84.05
Q4 2013	2,711	$212	$79.53	$73.40 - $85.97
Q3 2013	2,714	$215	$77.30	$74.19 - $80.00
Q2 2013	2,648	$205	$69.29	$63.01 - $77.83