GCM Grosvenor Inc. (NASDAQ:GCMG – Free Report) – Equities researchers at William Blair lifted their FY2026 earnings per share estimates for shares of GCM Grosvenor in a report released on Tuesday, February 11th. William Blair analyst A. Klauber now forecasts that the company will post earnings of $0.75 per share for the year, up from their previous forecast of $0.70. The consensus estimate for GCM Grosvenor’s current full-year earnings is $0.51 per share.
GCM Grosvenor (NASDAQ:GCMG – Get Free Report) last posted its earnings results on Monday, February 10th. The company reported $0.21 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.22 by ($0.01). GCM Grosvenor had a net margin of 3.08% and a negative return on equity of 73.06%.
Check Out Our Latest Analysis on GCMG
GCM Grosvenor Trading Up 0.2 %
GCMG opened at $13.75 on Thursday. The firm’s 50 day simple moving average is $12.85 and its two-hundred day simple moving average is $11.87. The company has a market capitalization of $2.60 billion, a PE ratio of -229.17 and a beta of 0.56. GCM Grosvenor has a 1-year low of $8.18 and a 1-year high of $14.44.
GCM Grosvenor Dividend Announcement
The business also recently announced a quarterly dividend, which will be paid on Monday, March 17th. Investors of record on Monday, March 3rd will be paid a $0.11 dividend. This represents a $0.44 dividend on an annualized basis and a yield of 3.20%. The ex-dividend date of this dividend is Monday, March 3rd. GCM Grosvenor’s dividend payout ratio (DPR) is presently -733.33%.
Hedge Funds Weigh In On GCM Grosvenor
Hedge funds and other institutional investors have recently added to or reduced their stakes in the company. Bamco Inc. NY acquired a new stake in GCM Grosvenor during the 3rd quarter valued at approximately $19,810,000. Granite Investment Partners LLC acquired a new stake in shares of GCM Grosvenor in the fourth quarter worth $2,200,000. American Century Companies Inc. purchased a new position in shares of GCM Grosvenor during the fourth quarter worth $1,437,000. Arrowstreet Capital Limited Partnership lifted its position in GCM Grosvenor by 40.0% during the fourth quarter. Arrowstreet Capital Limited Partnership now owns 404,562 shares of the company’s stock valued at $4,964,000 after purchasing an additional 115,546 shares during the period. Finally, JPMorgan Chase & Co. boosted its holdings in GCM Grosvenor by 87.1% in the fourth quarter. JPMorgan Chase & Co. now owns 188,925 shares of the company’s stock valued at $2,318,000 after purchasing an additional 87,945 shares during the last quarter. Hedge funds and other institutional investors own 99.95% of the company’s stock.
About GCM Grosvenor
GCM Grosvenor Inc is global alternative asset management solutions provider. The firm primarily provides its services to pooled investment vehicles. It also provides its services to investment companies, high net worth individuals, pension and profit sharing plans and state or municipal government entities.
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