Westwood Holdings Group (NYSE:WHG) Announces Earnings Results

Westwood Holdings Group (NYSE:WHG) posted its earnings results on Thursday. The asset manager reported $0.33 earnings per share for the quarter, FiscalAI reports. The business had revenue of $25.34 million for the quarter. Westwood Holdings Group had a net margin of 7.40% and a return on equity of 8.34%.

Here are the key takeaways from Westwood Holdings Group’s conference call:

• Revenue and earnings improved year over year: Second-quarter revenue rose to $25.3 million from $23.1 million, while GAAP earnings increased to $1.5 million, or $0.17 per share, from $1.0 million, or $0.12 per share. Non-GAAP economic earnings reached $3.0 million, or $0.33 per share.
• Asset outflows remained a major headwind: Firm-wide assets under management declined by $1.6 billion in net outflows, concentrated in legacy large-cap value and small-cap value institutional mandates as clients shifted toward lower-fee passive products.
• ETFs and private capital continued to gain traction: The ETF platform surpassed $400 million in assets in July, while private capital raised $147 million during the quarter and exceeded $500 million in total commitments. Management expects these businesses to support higher average fee rates and potential future carried interest, though no carry is currently reflected in financial results.
• Management highlighted a growing pipeline across newer platforms: Managed Investment Solutions generated $350 million in year-to-date flows, and the company is targeting more than $1 billion in assets in each of Managed Investment Solutions, ETFs, and Private Capital over the coming year.
• Shareholder return and product expansion remain priorities: The board approved a quarterly dividend of $0.15 per share, and Westwood plans to launch the PowerX ETF on the Texas Stock Exchange in September, focused on companies benefiting from rising power demand tied to AI data centers.

Westwood Holdings Group Price Performance

WHG stock opened at $19.33 on Friday. Westwood Holdings Group has a fifty-two week low of $14.70 and a fifty-two week high of $20.97. The business has a fifty day moving average price of $18.74 and a 200 day moving average price of $17.40. The stock has a market capitalization of $183.44 million, a price-to-earnings ratio of 23.29 and a beta of 0.56.

Westwood Holdings Group Announces Dividend

The firm also recently declared a quarterly dividend, which will be paid on Thursday, October 1st. Investors of record on Tuesday, September 1st will be issued a dividend of $0.15 per share. This represents a $0.60 dividend on an annualized basis and a yield of 3.1%. The ex-dividend date of this dividend is Tuesday, September 1st. Westwood Holdings Group’s dividend payout ratio (DPR) is currently 72.29%.

Insider Activity at Westwood Holdings Group

In other news, Director Susan M. Byrne sold 4,481 shares of the business’s stock in a transaction on Thursday, July 2nd. The stock was sold at an average price of $19.88, for a total transaction of $89,082.28. Following the completion of the sale, the director owned 230,444 shares in the company, valued at $4,581,226.72. The trade was a 1.91% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is available through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Over the last ninety days, insiders sold 56,915 shares of company stock valued at $1,035,656. 17.40% of the stock is currently owned by company insiders.

Institutional Investors Weigh In On Westwood Holdings Group

Institutional investors have recently modified their holdings of the business. Gamco Investors INC. ET AL bought a new stake in shares of Westwood Holdings Group in the 4th quarter valued at about $7,638,000. Geode Capital Management LLC grew its holdings in Westwood Holdings Group by 141.0% during the second quarter. Geode Capital Management LLC now owns 161,205 shares of the asset manager’s stock valued at $2,515,000 after purchasing an additional 94,311 shares during the period. Jane Street Group LLC acquired a new position in Westwood Holdings Group during the first quarter valued at approximately $366,000. Bank of New York Mellon Corp bought a new stake in Westwood Holdings Group in the second quarter valued at approximately $396,000. Finally, Goldman Sachs Group Inc. acquired a new stake in Westwood Holdings Group in the first quarter worth $213,000. Institutional investors and hedge funds own 56.64% of the company’s stock.

Analyst Ratings Changes

A number of brokerages have recently issued reports on WHG. Wall Street Zen raised Westwood Holdings Group to a “buy” rating in a report on Saturday, May 16th. Weiss Ratings cut Westwood Holdings Group from a “buy (b)” rating to a “buy (b-)” rating in a research report on Tuesday, June 2nd. One analyst has rated the stock with a Buy rating, According to MarketBeat.com, the stock has a consensus rating of “Buy”.

Westwood Holdings Group Company Profile

Westwood Holdings Group, Inc is an independent, publicly traded asset management firm founded in 1983 and headquartered in Kansas City, Missouri. Through its wholly owned subsidiaries, the company offers a range of investment advisory services tailored to institutional, retail, and high-net-worth clients. Westwood’s disciplined, value-oriented approach guides its research process across equity and fixed-income markets, with an emphasis on fundamental analysis and long-term risk management.

The firm’s product lineup includes U.S.