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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:

Noah Holdings (NYSE:NOAH) is the top asset management stock with a Zen Score of 65, which is 33 points higher than the asset management industry average of 32. It passed 24 out of 38 due diligence checks and has strong fundamentals. Noah Holdings has seen its stock lose -19.53% over the past year, underperforming other asset management stocks by -15 percentage points.

Noah Holdings has an average 1 year price target of $18.00, an upside of 43.2% from Noah Holdings's current stock price of $12.57.

Noah Holdings stock has a consensus Strong Buy recommendation according to Wall Street analysts. Of the 1 analyst covering Noah Holdings, 100% have issued a Strong Buy rating, 0% have issued a Buy, 0% have issued a hold, while 0% have issued a Sell rating, and 0% have issued a Strong Sell.

Assetmark Financial Holdings (NYSE:AMK) is the second best asset management stock with a Zen Score of 63, which is 31 points higher than the asset management industry average of 32. It passed 20 out of 33 due diligence checks and has strong fundamentals. Assetmark Financial Holdings has seen its stock return 9.13% over the past year, overperforming other asset management stocks by 14 percentage points.

Assetmark Financial Holdings has an average 1 year price target of $36.67, an upside of 8.45% from Assetmark Financial Holdings's current stock price of $33.81.

Assetmark Financial Holdings stock has a consensus Buy recommendation according to Wall Street analysts. Of the 3 analysts covering Assetmark Financial Holdings, 33.33% have issued a Strong Buy rating, 0% have issued a Buy, 66.67% have issued a hold, while 0% have issued a Sell rating, and 0% have issued a Strong Sell.

Janus Henderson Group (NYSE:JHG) is the third best asset management stock with a Zen Score of 59, which is 27 points higher than the asset management industry average of 32. It passed 20 out of 38 due diligence checks and has strong fundamentals. Janus Henderson Group has seen its stock return 19.85% over the past year, overperforming other asset management stocks by 25 percentage points.

Janus Henderson Group has an average 1 year price target of $31.00, a downside of -0.7% from Janus Henderson Group's current stock price of $31.22.

Janus Henderson Group stock has a consensus Sell recommendation according to Wall Street analysts. Of the 6 analysts covering Janus Henderson Group, 0% have issued a Strong Buy rating, 0% have issued a Buy, 50% have issued a hold, while 0% have issued a Sell rating, and 50% have issued a Strong Sell.

Out of 63 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 19.27%, which is 13 percentage points higher than the asset management industry average of 6.73%. 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 -242.3% 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 17.04%, which is 10 percentage points higher than the asset management industry average of 6.73%. 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 -142.9% indicates that its high dividend yield might not be sustainable for the long-term.

Blackrock Tcp Capital (NASDAQ:TCPC) has an annual dividend yield of 16.96%, which is 10 percentage points higher than the asset management industry average of 6.73%. Blackrock Tcp Capital's dividend payout is not stable, having dropped more than 10% four times in the last 10 years. Blackrock Tcp Capital's dividend has not shown consistent growth over the last 10 years.

Blackrock Tcp Capital's dividend payout ratio of 252.2% indicates that its high dividend yield might not be sustainable for the long-term.

Asset management stocks were down -1.32% in the last day, and down -1.93% over the last week. Beneficient was the among the top losers in the asset management industry, dropping -12.86% yesterday.

Shares of stocks within the broader financial sector are trading lower following earlier economic data. Also, the sector may be moving ahead of the upcoming Fed decision.

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

Swk Holdings (NASDAQ:SWKH) is the most undervalued asset management stock based on WallStreetZen's Valuation Score. Swk Holdings has a valuation score of 86, which is 45 points higher than the asset management industry average of 41. It passed 6 out of 7 valuation due diligence checks.

Swk Holdings's stock has dropped -0.57% in the past year. It has overperformed other stocks in the asset management industry by 4 percentage points.

Bain Capital Specialty Finance (NYSE:BCSF) is the second most undervalued asset management stock based on WallStreetZen's Valuation Score. Bain Capital Specialty Finance has a valuation score of 71, which is 30 points higher than the asset management industry average of 41. It passed 5 out of 7 valuation due diligence checks.

Bain Capital Specialty Finance's stock has gained 41.29% in the past year. It has overperformed other stocks in the asset management industry by 46 percentage points.

Affiliated Managers Group (NYSE:AMG) is the third most undervalued asset management stock based on WallStreetZen's Valuation Score. Affiliated Managers Group has a valuation score of 71, which is 30 points higher than the asset management industry average of 41. It passed 5 out of 7 valuation due diligence checks.

Affiliated Managers Group's stock has gained 7.56% in the past year. It has overperformed other stocks in the asset management industry by 12 percentage points.