Victory Capital Stock Price, News & Analysis

Victory Capital (VCTR) reported strong Q1 2025 results with total client assets of $171.4 billion. The company achieved revenue of $219.6 million, up 1.7% year-over-year, and an adjusted EBITDA margin of 53.0%. Q1 highlights include long-term gross flows of $9.3 billion, GAAP operating margin of 42.3%, and GAAP net income of $0.96 per diluted share. Investment performance remained robust with 64%, 65%, and 79% of AUM outperforming benchmarks over 3-, 5-, and 10-year periods. The Board increased the quarterly dividend to $0.49 per share. The company successfully closed its transaction with Amundi on April 1, enhancing its distribution presence and geographical diversification. Despite market volatility, Victory Capital maintained strong margins and demonstrated positive momentum in key business areas.

Victory Capital Holdings (NASDAQ: VCTR) reported Total Client Assets of $171.4 billion as of March 31, 2025, comprising $167.5 billion in Assets Under Management (AUM) and $4.0 billion in Other Assets. The company experienced negative long-term AUM net flows of -$1.2 billion in the first quarter.

The asset distribution shows Solutions at $63.4 billion, Fixed Income at $24.2 billion, and various equity categories including U.S. Mid Cap ($29.0 billion), Small Cap ($13.2 billion), Large Cap ($13.1 billion), and Global/Non-U.S. ($18.3 billion). By vehicle type, Mutual Funds led with $108.4 billion, followed by Separate Accounts at $48.8 billion and ETFs at $10.3 billion.

The company will announce its Q1 2025 financial results on May 8, with a conference call scheduled for May 9 at 8:00 a.m. ET.

Victory Capital (NASDAQ: VCTR) has completed its transaction with Amundi SA, establishing a 15-year reciprocal global distribution partnership. The company is reintroducing the Pioneer Investments brand, which generated $544 million in revenue and $5.5 billion in positive net flows in 2024. As of February 28, 2025, Pioneer had $119 billion in Assets Under Management with year-to-date net flows of $2.7 billion.

The company has increased its net expense synergies target from $100 million to $110 million, with $50 million already achieved at closing and an additional $30 million expected over the next six months. As part of the deal, Amundi received 17.6 million shares (21.2% of fully diluted equity) and will reach a 26.1% equity interest over the next six months.

Pioneer's investment performance remains strong, with 62% of mutual fund AUM rated 4- or 5-stars by Morningstar. Victory Capital strategies will be distributed through Amundi's global network, with registration processes initiated for numerous strategies in retail product structures outside the US.

Victory Capital Holdings (NASDAQ: VCTR) has been awarded eight prestigious 2025 US LSEG Lipper Fund Awards for outstanding risk-adjusted returns through November 30, 2024. The awards recognize funds and fund companies that have demonstrated exceptional performance relative to their peers.

The awards are based on the Lipper Leader for Consistent Return rating, which evaluates risk-adjusted performance over periods of 36, 60, and 120 months. CEO David Brown attributed the achievement to the dedication of Victory Capital's investment professionals and their commitment to delivering strong long-term returns to clients.

Victory Capital Holdings (NASDAQ: VCTR) has released its February 2025 assets report, revealing Total Client Assets of $179.5 billion as of February 28, 2025. The company's financial position includes:

• Assets Under Management (AUM): $175.5 billion
• Other Assets: $4.1 billion

The company also reported average figures for February 2025:

• Average Total AUM: $176.4 billion
• Average Other Assets: $4.1 billion
• Average Total Client Assets: $180.4 billion

Victory Portfolios II has announced the liquidation of three ETFs: VictoryShares US Discovery Enhanced Volatility Wtd ETF (CSF), VictoryShares US Small Cap Volatility Wtd ETF (CSA), and VictoryShares THB Mid Cap ETF (MDCP). The decision follows the company's regular product lineup review.

Key dates include:

• April 22, 2025: Last day for Creation Units purchase orders
• April 23, 2025: Final trading day on Nasdaq
• April 29, 2025: Expected liquidation date

Shareholders can sell their holdings on Nasdaq until April 23, 2025, or receive a cash distribution equal to the net asset value during liquidation. Victory Capital Management Inc. (VCM) will cover all liquidation-related fees and expenses, except brokerage fees and related costs.

Victory Capital Holdings (NASDAQ: VCTR) has reported its Total Client Assets for January 2025. The company achieved Total Assets Under Management (AUM) of $176.5 billion, Other Assets of $4.0 billion, and Total Client Assets of $180.5 billion as of January 31, 2025.

The breakdown shows Solutions leading with $65.4 billion, followed by U.S. Mid Cap Equity at $31.4 billion, and Fixed Income at $24.3 billion. By vehicle type, Mutual Funds dominated with $115.6 billion, while Separate Accounts reached $52.0 billion, and ETFs stood at $8.9 billion.

Average figures for January included Total AUM of $174.1 billion, Other Assets of $4.1 billion, and Total Client Assets of $178.2 billion, showing growth from December 2024's total of $176.1 billion.

Victory Capital (NASDAQ: VCTR) reported record fourth-quarter and full-year 2024 results, with total client assets reaching $176.1 billion. The company achieved its highest-ever adjusted earnings per diluted share ($1.45), adjusted EBITDA ($125.5 million), and adjusted EBITDA margin (54.0%) for both Q4 and full-year periods.

Key Q4 metrics include long-term gross flows of $6.6 billion, net outflows of $1.7 billion, and a GAAP operating margin of 48.1%. The Board authorized a 7% increase in quarterly cash dividend to $0.47 per share and approved a new $200 million share repurchase program.

The company is progressing with its strategic relationship with Amundi Asset Management, including the acquisition of its U.S. business (former Pioneer Investments), expected to close by Q1 2025 with anticipated expense synergies of $100 million. Investment performance remained strong, with 73% and 79% of AUM outperforming benchmarks over 5 and 10-year periods respectively.

Victory Capital Holdings (NASDAQ: VCTR) reported Total Client Assets of $176.1 billion as of December 31, 2024, comprising $171.9 billion in Assets Under Management (AUM) and $4.2 billion in Other Assets. The company experienced net outflows of -$1.7 billion in long-term AUM during the fourth quarter.

The AUM breakdown by asset class shows: Solutions at $62.6 billion, Fixed Income at $24.4 billion, U.S. Mid Cap Equity at $30.6 billion, U.S. Small Cap Equity at $14.8 billion, U.S. Large Cap Equity at $14.1 billion, Global/Non-U.S. Equity at $19.1 billion, and Alternative Investments at $3.0 billion. By vehicle type, Mutual Funds led with $113.6 billion, followed by Separate Accounts at $50.8 billion, and ETFs at $7.5 billion.