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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:

Victory Capital Holdings (NASDAQ:VCTR) is the top asset management stock with a Zen Score of 59, which is 26 points higher than the asset management industry average of 33. It passed 22 out of 38 due diligence checks and has strong fundamentals. Victory Capital Holdings has seen its stock return 85.18% over the past year, overperforming other asset management stocks by 53 percentage points.

Victory Capital Holdings has an average 1 year price target of $54.44, a downside of -6.5% from Victory Capital Holdings's current stock price of $58.23.

Victory Capital Holdings stock has a consensus Buy recommendation according to Wall Street analysts. Of the 9 analysts covering Victory Capital Holdings, 33.33% have issued a Strong Buy rating, 22.22% have issued a Buy, 33.33% have issued a hold, while 0% have issued a Sell rating, and 11.11% have issued a Strong Sell.

Sei Investments Co (NASDAQ:SEIC) is the second best asset management stock with a Zen Score of 58, which is 25 points higher than the asset management industry average of 33. It passed 21 out of 38 due diligence checks and has strong fundamentals. Sei Investments Co has seen its stock return 21.15% over the past year, underperforming other asset management stocks by -11 percentage points.

Sei Investments Co has an average 1 year price target of $76.00, an upside of 8.42% from Sei Investments Co's current stock price of $70.10.

Sei Investments Co stock has a consensus Hold recommendation according to Wall Street analysts. Of the 3 analysts covering Sei Investments Co, 0% have issued a Strong Buy rating, 33.33% 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 57, which is 24 points higher than the asset management industry average of 33. It passed 20 out of 38 due diligence checks and has strong fundamentals. Janus Henderson Group has seen its stock return 59.18% over the past year, overperforming other asset management stocks by 27 percentage points.

Janus Henderson Group has an average 1 year price target of $36.75, a downside of -6.42% from Janus Henderson Group's current stock price of $39.27.

Janus Henderson Group stock has a consensus Hold recommendation according to Wall Street analysts. Of the 8 analysts covering Janus Henderson Group, 12.5% have issued a Strong Buy rating, 0% have issued a Buy, 62.5% have issued a hold, while 0% have issued a Sell rating, and 25% have issued a Strong Sell.

Out of 65 asset management stocks that have issued dividends in the past year, the 3 asset management stocks with the highest dividend yields are:

Triplepoint Venture Growth Bdc (NYSE:TPVG) has an annual dividend yield of 22.49%, which is 15 percentage points higher than the asset management industry average of 7.69%. Triplepoint Venture Growth Bdc's dividend payout is not stable, having dropped more than 10% five times in the last 10 years. Triplepoint Venture Growth Bdc's dividend has not shown consistent growth over the last 10 years.

Triplepoint Venture Growth Bdc's dividend payout ratio of -500% 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 19.63%, which is 12 percentage points higher than the asset management industry average of 7.69%. Blackrock Tcp Capital's dividend payout is not stable, having dropped more than 10% three 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 -322.6% indicates that its high dividend yield might not be sustainable for the long-term.

Gladstone Investment Corporation (NASDAQ:GAIN) has an annual dividend yield of 19.44%, which is 12 percentage points higher than the asset management industry average of 7.69%. Gladstone Investment Corporation's dividend payout is not stable, having dropped more than 10% seventeen times in the last 10 years. Gladstone Investment Corporation's dividend has shown consistent growth over the last 10 years.

Gladstone Investment Corporation's dividend payout ratio of 102.5% indicates that its high dividend yield might not be sustainable for the long-term.

Asset management stocks were up 1.84% in the last day, and up 1.96% over the last week. Suro Capital was the among the top gainers in the asset management industry, gaining 26.61% yesterday.

SuRo Capital Corp shares are trading higher. The company reported Q3 investment portfolio updates, net asset value (NAV) was between $6.50-$7.00 per share

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

Principal Financial Group (NASDAQ:PFG) is the most undervalued asset management stock based on WallStreetZen's Valuation Score. Principal Financial Group has a valuation score of 86, which is 48 points higher than the asset management industry average of 38. It passed 6 out of 7 valuation due diligence checks.

Principal Financial Group's stock has gained 26.26% in the past year. It has underperformed other stocks in the asset management industry by -6 percentage points.

Corebridge Financial (NYSE:CRBG) is the second most undervalued asset management stock based on WallStreetZen's Valuation Score. Corebridge Financial has a valuation score of 71, which is 33 points higher than the asset management industry average of 38. It passed 5 out of 7 valuation due diligence checks.

Corebridge Financial's stock has gained 46.24% in the past year. It has overperformed other stocks in the asset management industry by 14 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 33 points higher than the asset management industry average of 38. It passed 5 out of 7 valuation due diligence checks.

Affiliated Managers Group's stock has gained 43.49% in the past year. It has overperformed other stocks in the asset management industry by 11 percentage points.