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Best Asset Management Stocks to Buy Now (2024)

Top asset management stocks in 2024 ranked by overall Zen Score. See the best asset management stocks to buy now, according to analyst forecasts for the asset management industry.

According to Zen Score, the 3 best asset management stocks to buy right now are:

Janus Henderson Group (NYSE:JHG) is the top asset management stock with a Zen Score of 57, which is 25 points higher than the asset management industry average of 32. It passed 19 out of 38 due diligence checks and has strong fundamentals. Janus Henderson Group has seen its stock return 27.47% over the past year, overperforming other asset management stocks by 27 percentage points.

Janus Henderson Group has an average 1 year price target of $32.00, a downside of -4.48% from Janus Henderson Group's current stock price of $33.50.

Janus Henderson Group stock has a consensus Sell recommendation according to Wall Street analysts. Of the 7 analysts covering Janus Henderson Group, 14.29% have issued a Strong Buy rating, 0% have issued a Buy, 42.86% have issued a hold, while 0% have issued a Sell rating, and 42.86% have issued a Strong Sell.

Victory Capital Holdings (NASDAQ:VCTR) is the second best asset management stock with a Zen Score of 55, which is 23 points higher than the asset management industry average of 32. It passed 20 out of 38 due diligence checks and has strong fundamentals. Victory Capital Holdings has seen its stock return 68% over the past year, overperforming other asset management stocks by 68 percentage points.

Victory Capital Holdings has an average 1 year price target of $50.33, a downside of -3.26% from Victory Capital Holdings's current stock price of $52.03.

Victory Capital Holdings stock has a consensus Hold recommendation according to Wall Street analysts. Of the 6 analysts covering Victory Capital Holdings, 16.67% have issued a Strong Buy rating, 33.33% have issued a Buy, 33.33% have issued a hold, while 0% have issued a Sell rating, and 16.67% have issued a Strong Sell.

Sei Investments Co (NASDAQ:SEIC) is the third best asset management stock with a Zen Score of 54, which is 22 points higher than the asset management industry average of 32. It passed 19 out of 38 due diligence checks and has strong fundamentals. Sei Investments Co has seen its stock return 19.67% over the past year, overperforming other asset management stocks by 19 percentage points.

Sei Investments Co has an average 1 year price target of $72.25, an upside of 6.71% from Sei Investments Co's current stock price of $67.71.

Sei Investments Co stock has a consensus Hold recommendation according to Wall Street analysts. Of the 4 analysts covering Sei Investments Co, 0% have issued a Strong Buy rating, 25% have issued a Buy, 75% have issued a hold, while 0% have issued a Sell rating, and 0% have issued a Strong Sell.

Out of 64 asset management stocks that have issued dividends in the past year, the 3 asset management stocks with the highest dividend yields are:

Investcorp Credit Management Bdc (NASDAQ:ICMB) has an annual dividend yield of 24.61%, which is 18 percentage points higher than the asset management industry average of 6.58%. Investcorp Credit Management Bdc's dividend payout is not stable, having dropped more than 10% five times in the last 10 years. Investcorp Credit Management Bdc's dividend has not shown consistent growth over the last 10 years.

Investcorp Credit Management Bdc's dividend payout ratio of -6,300% indicates that its high dividend yield might not be sustainable for the long-term.

Oxford Square Capital (NASDAQ:OXSQ) has an annual dividend yield of 17.48%, which is 11 percentage points higher than the asset management industry average of 6.58%. Oxford Square Capital's dividend payout is not stable, having dropped more than 10% four times in the last 10 years. Oxford Square Capital's dividend has not shown consistent growth over the last 10 years.

Oxford Square Capital's dividend payout ratio of 317.6% indicates that its high dividend yield might not be sustainable for the long-term.

Triplepoint Venture Growth Bdc (NYSE:TPVG) has an annual dividend yield of 17.08%, which is 10 percentage points higher than the asset management industry average of 6.58%. Triplepoint Venture Growth Bdc's dividend payout is not stable, having dropped more than 10% four times in the last 10 years. Triplepoint Venture Growth Bdc's dividend has shown consistent growth over the last 10 years.

Triplepoint Venture Growth Bdc's dividend payout ratio of -141.6% indicates that its high dividend yield might not be sustainable for the long-term.

Asset management stocks were up 0.81% in the last day, and down -0.87% over the last week.

We couldn't find a catalyst for why asset management stocks are up.

Based on WallStreetZen's Valuation Score, the 3 most undervalued asset management stocks right now are:

Rand Capital (NASDAQ:RAND) is the most undervalued asset management stock based on WallStreetZen's Valuation Score. Rand Capital has a valuation score of 100, which is 60 points higher than the asset management industry average of 40. It passed 7 out of 7 valuation due diligence checks.

Rand Capital's stock has gained 29.69% in the past year. It has overperformed other stocks in the asset management industry by 29 percentage points.

Principal Financial Group (NASDAQ:PFG) is the second most undervalued asset management stock based on WallStreetZen's Valuation Score. Principal Financial Group has a valuation score of 86, which is 46 points higher than the asset management industry average of 40. It passed 6 out of 7 valuation due diligence checks.

Principal Financial Group's stock has gained 25.33% in the past year. It has overperformed other stocks in the asset management industry by 25 percentage points.

Bain Capital Specialty Finance (NYSE:BCSF) is the third most undervalued asset management stock based on WallStreetZen's Valuation Score. Bain Capital Specialty Finance has a valuation score of 71, which is 31 points higher than the asset management industry average of 40. It passed 5 out of 7 valuation due diligence checks.

Bain Capital Specialty Finance's stock has gained 36.62% in the past year. It has overperformed other stocks in the asset management industry by 36 percentage points.