Victory Capital Stock Price, News & Analysis

Victory Capital Holdings (NASDAQ: VCTR) reported its November 2024 assets data, showing Total Client Assets of $184.0 billion. This includes $179.7 billion in Assets Under Management (AUM) and $4.3 billion in Other Assets. The company's average Total Client Assets for November were $180.7 billion.

By asset class, Solutions led with $64.5 billion, followed by U.S. Mid Cap Equity at $33.3 billion and Fixed Income at $24.9 billion. By vehicle type, Mutual Funds dominated with $118.8 billion, while Separate Accounts and Other Pooled Vehicles held $53.4 billion, and ETFs accounted for $7.6 billion.

Victory Capital Holdings (NASDAQ: VCTR) has launched the VictoryShares Free Cash Flow Growth ETF (GFLW), a new rules-based ETF tracking the Victory Free Cash Flow Growth Index. The fund focuses on high-quality, large-cap growth companies with strong free cash flow (FCF) generation potential.

GFLW joins the company's FCF ETF suite alongside VictoryShares Free Cash Flow ETF (VFLO) and VictoryShares Small Cap Free Cash Flow ETF (SFLO). The index methodology screens companies based on historical and projected free cash flows, targeting those with highest FCF over invested capital and strong growth prospects.

Victory Capital Holdings (NASDAQ: VCTR) reported Total Client Assets of $176.5 billion as of October 31, 2024, comprising $172.3 billion in Assets Under Management (AUM) and $4.2 billion in Other Assets. The company's average Total Client Assets for October were $179.6 billion. Assets are distributed across various categories, with Solutions being the largest at $61.4 billion, followed by U.S. Mid Cap Equity at $31.3 billion. By vehicle type, Mutual Funds represent the largest portion at $114.4 billion, followed by Separate Accounts at $51.2 billion.

Victory Capital (VCTR) reported strong Q3 2024 financial results with total client assets reaching $181.1 billion. The company achieved record quarterly adjusted earnings per diluted share of $1.35, with GAAP operating margin at 53.3% and adjusted EBITDA margin at 53.7%. Revenue increased 7.6% year-over-year to $225.6 million. The Board authorized a 7% increase in quarterly cash dividend to $0.44 per share. The company maintained strong investment performance with 73% and 77% of AUM outperforming benchmarks over 5- and 10-year periods, respectively. Integration work with Amundi continues, with anticipated closing in Q1 2025 and expected $100 million in annualized expense synergies.

Victory Capital Holdings, Inc. (NASDAQ: VCTR) announced that stockholders approved all proposals related to the previously announced contribution agreement with Amundi at the Special Meeting held on October 11, 2024. David Brown, Chairman and CEO, expressed gratitude for shareholder support and highlighted this as a significant milestone towards completing the Amundi transaction, expected to close in Q1 2025. He reaffirmed guidance of $100 million in expense synergies, expected to be fully realized within two years, with the majority achieved in the first year. The transaction remains subject to customary closing conditions, including regulatory approvals and Amundi US client consents. Integration is reportedly progressing as planned.

Victory Capital Holdings (NASDAQ: VCTR) reported Total Assets Under Management (AUM) of $176.1 billion, Other Assets of $5.0 billion, and Total Client Assets of $181.1 billion as of September 30, 2024. The company experienced long-term AUM net flows of -$2.6 billion for the third quarter. Average Total AUM for September was $173.8 billion, with average Other Assets at $5.0 billion and average Total Client Assets at $178.7 billion.

The report breaks down AUM by asset class and vehicle type, with Solutions being the largest category at $62.5 billion. Mutual Funds represent the largest vehicle type at $117.0 billion. Victory Capital will report its third-quarter 2024 financial results on November 7, 2024, followed by a conference call on November 8 at 8:00 a.m. ET.

Victory Capital Holdings, Inc. (NASDAQ: VCTR) reported its Total Client Assets for August 2024. The company's Total Assets Under Management (AUM) reached $173.8 billion, with Other Assets at $4.9 billion, bringing Total Client Assets to $178.8 billion as of August 31, 2024. The average Total AUM for August was $171.1 billion, while average Total Client Assets stood at $176.0 billion.

The report provides a breakdown of assets by class and vehicle. Notable figures include Solutions at $61.3 billion, U.S. Mid Cap Equity at $32.1 billion, and Fixed Income at $24.9 billion. By vehicle, Mutual Funds led with $115.9 billion, followed by Separate Accounts and Other Pooled Vehicles at $51.6 billion.

Victory Capital Holdings, Inc. (NASDAQ: VCTR) reported its Total Client Assets for July 2024. The company's Total Assets Under Management (AUM) reached $172.1 billion, with Other Assets at $4.8 billion, bringing Total Client Assets to $177.0 billion as of July 31, 2024. The average Total AUM for July was $170.8 billion, average Other Assets were $5.0 billion, and average Total Client Assets stood at $175.7 billion.

The report provides a detailed breakdown of assets by class and vehicle. Notable figures include Solutions at $59.9 billion, U.S. Mid Cap Equity at $31.9 billion, and Fixed Income at $24.8 billion. By vehicle, Mutual Funds led with $114.9 billion, followed by Separate Accounts and Other Pooled Vehicles at $51.3 billion.

Victory Capital Holdings (NASDAQ: VCTR) reported strong Q2 2024 results with record earnings per share. Key highlights include:

- Total client assets of $173.8 billion
- GAAP operating margin of 50.4%
- GAAP net income per diluted share of $1.12
- Adjusted EBITDA margin of 53.0%
- Adjusted net income with tax benefit per diluted share of $1.31

The company announced a strategic partnership with Amundi, combining Amundi's US business into Victory Capital. The Board authorized an 11% increase in quarterly cash dividend to $0.41. Investment performance remained strong, with 60%, 77%, and 79% of AUM outperforming benchmarks over 3-, 5-, and 10-year periods, respectively.