InvescoIVZ
Market Cap: $7.08B
About: Invesco provides investment-management services to retail (66% of managed assets) and institutional (34%) clients. At the end of July 2024, the firm had $1.732 trillion in assets under management spread among its equity (57% of AUM), balanced (4%), fixed-income (23%), alternative investment (7%), and money market (9%) operations. Passive products account for 42% of Invesco's total AUM, including 65% of the company's equity operations and 15% of its fixed-income platform. Invesco's us retail business is one of the 10 largest nonproprietary fund complexes in the country. The firm also has a meaningful presence outside of North America, with 28% of its AUM sourced from Europe, Africa, and the Middle East (14%) and Asia (14%).
Employees: 8,536
Fund manager confidence
Based on 2024 Q2 SEC filings by fund managers ($100M+ AUM)
7% more repeat investments, than reductions
Existing positions increased: 178 | Existing positions reduced: 167
0% more funds holding in top 10
Funds holding in top 10: 1 [Q1] → 1 (+0) [Q2]
0.81% less ownership
Funds ownership: 68.04% [Q1] → 67.23% (-0.81%) [Q2]
4% less funds holding
Funds holding: 484 [Q1] → 466 (-18) [Q2]
10% less capital invested
Capital invested by funds: $5.07B [Q1] → $4.54B (-$527M) [Q2]
25% less first-time investments, than exits
New positions opened: 53 | Existing positions closed: 71
46% less call options, than puts
Call options by funds: $40M | Put options by funds: $74.4M
Research analyst outlook
5 Wall Street Analysts provided 1 year price targets over the past 3 months
5 analyst ratings
Barclays Benjamin Budish 72% 1-year accuracy 52 / 72 met price target | 14%upside $18 | Equal-Weight Initiated | 27 Aug 2024 |
Evercore ISI Group Glenn Schorr 73% 1-year accuracy 16 / 22 met price target | 14%upside $18 | In-Line Maintained | 20 Aug 2024 |
Deutsche Bank Brian Bedell 53% 1-year accuracy 16 / 30 met price target | 8%upside $17 | Hold Maintained | 15 Aug 2024 |
RBC Capital Kenneth Lee 76% 1-year accuracy 42 / 55 met price target | 8%upside $17 | Sector Perform Maintained | 25 Jul 2024 |
Goldman Sachs Alexander Blostein 75% 1-year accuracy 15 / 20 met price target | 8%upside $17 | Neutral Maintained | 2 Jul 2024 |
Financial journalist opinion
Based on 8 articles about IVZ published over the past 30 days