Invesco (IVZ)

• Market cap: $7.73B
• 1 day: 1.96%
• 5 days: 5.91%
• 1 month: -3.37%
• 3 months: -5.91%
• 6 months: 4.56%
• Year to date: -2.55%
• 1 year: 3.30%
• 5 years: -6.11%
• 10 years: -52.20%
• Sector: Financials
• Industry: Investment Advice

About: Invesco provides investment-management services to retail (68% of managed assets) and institutional (32%) clients. At the end of October 2024, the firm had $1.792 trillion in assets under management spread among its equity (58% of AUM), balanced (3%), fixed-income (22%), alternative investment (7%), and money market (10%) operations. Passive products account for 43% 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 29% of its AUM sourced from Europe, Africa, and the Middle East (14%) and Asia (15%).

Employees: 8,524

Fund manager confidence

Based on 2024 Q3 regulatory filings by fund managers ($100M+ AUM)

200% more funds holding in top 10

Funds holding in top 10: 1 [Q2] → 3 (+2) [Q3]

46% more capital invested

Capital invested by funds: $4.64B [Q2] → $6.8B (+$2.16B) [Q3]

37% more first-time investments, than exits

New positions opened: 67 | Existing positions closed: 49

24% more repeat investments, than reductions

Existing positions increased: 191 | Existing positions reduced: 154

17.26% more ownership

Funds ownership: 68.8% [Q2] → 86.06% (+17.26%) [Q3]

13% more call options, than puts

Call options by funds: $112M | Put options by funds: $98.9M

3% more funds holding

Funds holding: 469 [Q2] → 482 (+13) [Q3]

Research analyst outlook

10 Wall Street Analysts provided 1 year price targets over the past 3 months

• Low target: $17 1% downside
• Avg. target: $18.80 9% upside
• High target: $20 16% upside

10 analyst ratings

• positive: 0 0%
• neutral: 9 90%
• negative: 1 10%

Barclays Benjamin Budish 77% 1-year accuracy 88 / 115 met price target	5% upside $18	Equal-Weight Maintained	17 Jan 2025
Wells Fargo Michael Brown 74% 1-year accuracy 32 / 43 met price target	1% downside $17	Underweight Maintained	14 Jan 2025
Goldman Sachs Alexander Blostein 70% 1-year accuracy 30 / 43 met price target	10% upside $19	Neutral Maintained	7 Jan 2025
Morgan Stanley Michael Cyprys 83% 1-year accuracy 24 / 29 met price target	10% upside $19	Equal-Weight Maintained	20 Dec 2024
Keefe, Bruyette & Woods Aidan Hall 93% 1-year accuracy 13 / 14 met price target	5% upside $18	Market Perform Maintained	20 Dec 2024