Oppenheimer HoldingsOPY
OPY
About: Oppenheimer Holdings Inc conducts activities in the securities industry. The company is involved in retail securities brokerage, investment banking (both corporate and public finance), institutional sales and trading, market-making, research, trust services, and investment advisory and asset management services. The company has three segments: private client, asset management, and capital markets. The Private Client segment, commissions and a proportionate amount of fee income earned on assets under management ("AUM"), net interest earnings on client margin loans and cash balances, fees from money market funds, and custodian fees. The company generates the majority of its revenue from the Americas, with the rest from Europe, the Middle East, and Asia.
Employees: 2,992
0
Funds holding %
of 7,139 funds
–
Analysts bullish %
Fund manager confidence
Based on 2024 Q4 regulatory filings by fund managers ($100M+ AUM)
10,500% more call options, than puts
Call options by funds: $1.38M | Put options by funds: $13K
300% more funds holding in top 10
Funds holding in top 10: 1 [Q3] → 4 (+3) [Q4]
60% more first-time investments, than exits
New positions opened: 16 | Existing positions closed: 10
27% more capital invested
Capital invested by funds: $187M [Q3] → $237M (+$49.7M) [Q4]
7% more funds holding
Funds holding: 88 [Q3] → 94 (+6) [Q4]
0.36% more ownership
Funds ownership: 35.76% [Q3] → 36.12% (+0.36%) [Q4]
7% less repeat investments, than reductions
Existing positions increased: 27 | Existing positions reduced: 29
Research analyst outlook
We haven’t received any recent analyst ratings for OPY.
Financial journalist opinion
Positive
Seeking Alpha
2 weeks ago
Oppenheimer: Solid Topline Performance And Multiple, But Comp Expense Caps Profit Growth
Profits are scaling in the advisory and capital markets business thanks to a standout performance on a relatively immature and high growth platform. Latent earnings are considerable for capital markets thanks to added personnel and improving market conditions. AUM and trading activity drives the wealth management business, but appreciation in Oppenheimer shares and generally rising wages prevented profit growth.
Neutral
PRNewsWire
3 weeks ago
Oppenheimer Holdings Inc. Reports Fourth Quarter and Full Year 2024 Earnings
NEW YORK , Jan. 31, 2025 /PRNewswire/ - Oppenheimer Holdings Inc. (NYSE: OPY) (the "Company" or "Firm") today reported net income of $10.7 million or $1.04 basic earnings per share for the fourth quarter of 2024 compared with net income of $11.1 million or $1.07 basic earnings per share for the fourth quarter of 2023. Fourth quarter and full year 2024 results were significantly impacted by higher pre-tax compensation expenses for liability-based awards totaling $20.5 million and $32.6 million, respectively, attributable to an increase in OPY Class A share price.
Neutral
PRNewsWire
2 months ago
Oppenheimer Announces Expansion of Emerging Markets Desk
Strategic Recruitments of Persio 'Tony' Perez, Michael Chatman and Bill Dolan as Managing Directors Builds on Growth Momentum of Fixed Income Team Senior-Level Hires Enhance Oppenheimer's Capabilities in Emerging Markets Sales, Trading and Research Solutions NEW YORK , Dec. 17, 2024 /PRNewswire/ -- Oppenheimer & Co. Inc. (Oppenheimer) — a leading investment bank, wealth manager and a subsidiary of Oppenheimer Holdings (NYSE: OPY) — announced today the continued expansion of its Fixed Income Division with the addition of three new Managing Directors to the Emerging Markets Desk in New York. Joining the firm are Persio "Tony" Perez, EM Sales Manager; Michael Chatman, EM Sales; and Bill Dolan, EM Sovereign Trading.
Neutral
PRNewsWire
2 months ago
Craig Schneider Joins Oppenheimer As Regional Director of Michigan
Wealth Management Veteran Brings Over 25 Years of Industry Experience Appointment Builds on Firm's Momentum Created by Recent Appointments to Strengthen its Presence in Virginia, Georgia, Tennessee and Texas NEW YORK , Dec. 4, 2024 /PRNewswire/ -- Oppenheimer & Co. Inc. (Oppenheimer), a leading investment bank and wealth manager and a subsidiary of Oppenheimer Holdings (NYSE: OPY), today announced the appointment of Craig Schneider as Regional Director of its Michigan Region. Schneider will lead day-to-day operations for the firm's wealth management business in the state and report to Ed Harrington, Executive Vice President of Oppenheimer's Private Client Division.
Neutral
PRNewsWire
3 months ago
Pontera and Oppenheimer partner to empower holistic wealth management that incorporates clients' 401(k)s
Top 10 U.S. broker-dealer will leverage Pontera's secure platform to manage workplace retirement accounts and help clients optimize their returns NEW YORK , Nov. 14, 2024 /PRNewswire/ -- Pontera™, the fintech company helping retirement savers receive professional 401(k) account management from their trusted financial advisor, today announced a partnership with Oppenheimer & Co., Inc., a premier U.S. wealth management and investment banking firm. Pontera, a fintech on a mission to help Americans retire better, has partnered with Oppenheimer, a top 10 US brokerage.
Neutral
PRNewsWire
3 months ago
Oppenheimer Concludes 20th Annual Professionals Alliance Group (PAG) Conference
Event Gathered CPAs and Other Trusted Industry Professionals with Select Group of Oppenheimer Advisors, Investment Managers and Senior Leadership to Collaborate on Strategies to Deliver Enhanced Client Service PAG Referral and Partnership Program Model Enables Accounting Firms and Others to Access Oppenheimer's Wealth Management, Capital Markets, and Investment Banking Capabilities NEW YORK , Nov. 13, 2024 /PRNewswire/ -- Oppenheimer & Co. Inc. (Oppenheimer) — a leading wealth management and investment banking firm, and subsidiary of Oppenheimer Holdings (NYSE: OPY) — today announced the completion of its 20th annual Professionals Alliance Group (PAG) Conference. The event, held November 12-13 at the firm's New York headquarters, brought together a select group of Oppenheimer's financial advisors, investment managers and senior leadership with Certified Public Accounting firms and other trusted industry partners to discuss macro trends and strategies to best serve clients.
Positive
Seeking Alpha
3 months ago
Oppenheimer Holdings: Mid-Market Prevailing In Capital Markets, Solid All Around
Oppenheimer's earnings report show strength in mid-market capital markets franchise as well as solid growth in the rest of its AUM and commission based businesses. Risk taking in public markets has driven the bulk of the company's performance, and capital markets did well despite the lack of major PE activity. OPY looks attractive in terms of valuation, with forward multiples below 10x, making it cheaper compared to peers like Lazard, which trades at around 20x.
Neutral
PRNewsWire
3 months ago
Oppenheimer Holdings Inc. Reports Third Quarter 2024 Earnings
NEW YORK , Oct. 25, 2024 /PRNewswire/ - Oppenheimer Holdings Inc. (NYSE: OPY) (the "Company" or "Firm") today reported net income of $24.5 million or $2.38 basic earnings per share for the third quarter of 2024, compared with net income of $13.9 million or $1.32 basic earnings per share for the third quarter of 2023. Revenue for the third quarter of 2024 was $373.4 million, an increase of 19.4%, compared to revenue of $312.7 million for the third quarter of 2023.
Neutral
PRNewsWire
4 months ago
Oppenheimer Hires Christian Baetz As Managing Director, Consumer Investment Banking
NEW YORK , Oct. 15, 2024 /PRNewswire/ -- Oppenheimer & Co. Inc. (Oppenheimer) — a leading investment bank, wealth manager and a subsidiary of Oppenheimer Holdings (NYSE: OPY) — announced today that Christian Baetz joined the firm as a Managing Director in the firm's Consumer Investment Banking Group. He will be based out of Oppenheimer's New York office and report to Michael Cella, Managing Director and Group Head of U.S. Consumer Investment Banking.
Neutral
PRNewsWire
4 months ago
Oppenheimer Names Todd Wiggins Regional Director of Dallas-Fort Worth Region
Industry Veteran to Bring His Experience Leading, Attracting, and Retaining Advisors to His New Location NEW YORK , Oct. 1, 2024 /PRNewswire/ -- Oppenheimer & Co. Inc. ("Oppenheimer") – a leading wealth manager, investment bank, and a subsidiary of Oppenheimer Holdings (NYSE: OPY) – today announced that Todd Wiggins has been named the Regional Director of its Dallas-Fort Worth Region. Wiggins joined Oppenheimer in 2016 and has served as Managing Director of Investments and Branch Manager in the firm's Atlanta office.
Charts implemented using Lightweight Charts™