GCM Grosvenor (NASDAQ:GCMG) Stock Gets Price Target Bump from Piper Sandler

GCM Grosvenor (NASDAQ:GCMG) had its target price hoisted by research analysts at Piper Sandler from $14.50 to $15.00 in a report released on Tuesday, Benzinga reports. The firm presently has an “overweight” rating on the stock. Piper Sandler‘s price objective points to a potential upside of 11.52% from the stock’s current price.

GCMG has been the subject of a number of other reports. Oppenheimer cut their price objective on shares of GCM Grosvenor from $18.00 to $17.00 and set an “outperform” rating for the company in a research report on Friday, July 17th. Wall Street Zen lowered shares of GCM Grosvenor from a “buy” rating to a “hold” rating in a report on Saturday, October 10th. JPMorgan Chase & Co. increased their target price on shares of GCM Grosvenor from $12.00 to $13.00 and gave the stock a “neutral” rating in a research note on Tuesday, August 11th. Finally, Weiss Ratings upgraded shares of GCM Grosvenor from a “buy (b-)” rating to a “buy (b)” rating in a research note on Thursday, August 13th. Four investment analysts have rated the stock with a Buy rating and one has issued a Hold rating to the stock. Based on data from MarketBeat, the company presently has a consensus rating of “Moderate Buy” and an average price target of $14.75.

GCM Grosvenor Stock Performance

Shares of GCMG opened at $13.45 on Tuesday. GCM Grosvenor has a 52-week low of $9.30 and a 52-week high of $14.87. The stock’s 50-day simple moving average is $12.87 and its 200 day simple moving average is $11.91. The company has a debt-to-equity ratio of 2.96, a quick ratio of 1.89 and a current ratio of 1.89. The stock has a market capitalization of $2.73 billion, a price-to-earnings ratio of 25.87 and a beta of 0.91.

GCM Grosvenor (NASDAQ:GCMG) last posted its earnings results on Monday, November 9th. The company reported $0.22 earnings per share for the quarter, beating analysts’ consensus estimates of $0.21 by $0.01. The business had revenue of $145.55 million during the quarter, compared to analyst estimates of $141.60 million. GCM Grosvenor had a return on equity of 142.74% and a net margin of 7.79%. Research analysts forecast that GCM Grosvenor will post 0.69 EPS for the current fiscal year.

Insider Transactions at GCM Grosvenor

In other news, insider Kathleen Sullivan sold 15,037 shares of GCM Grosvenor stock in a transaction dated Thursday, September 3rd. The stock was sold at an average price of $13.16, for a total transaction of $197,886.92. Following the completion of the sale, the insider owned 44,795 shares in the company, valued at approximately $589,502.20. This trade represents a 25.13% decrease in their position. The sale was disclosed in a legal filing with the SEC, which can be accessed through this link. Also, CFO Pamela Bentley sold 10,000 shares of the business’s stock in a transaction dated Wednesday, September 16th. The stock was sold at an average price of $12.68, for a total value of $126,800.00. Following the transaction, the chief financial officer directly owned 14,397 shares of the company’s stock, valued at $182,553.96. The trade was a 40.99% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. In the last quarter, insiders have sold 90,000 shares of company stock valued at $1,155,350. Corporate insiders own 70.70% of the company’s stock.

Hedge Funds Weigh In On GCM Grosvenor

A number of hedge funds and other institutional investors have recently bought and sold shares of the stock. Russell Investments Group Ltd. grew its position in GCM Grosvenor by 20.9% in the third quarter. Russell Investments Group Ltd. now owns 329,696 shares of the company’s stock worth $4,250,000 after acquiring an additional 57,040 shares in the last quarter. State of Wyoming increased its stake in GCM Grosvenor by 41.4% in the third quarter. State of Wyoming now owns 55,029 shares of the company’s stock valued at $709,000 after acquiring an additional 16,114 shares during the last quarter. Sterling Capital Management LLC increased its stake in GCM Grosvenor by 525.8% in the third quarter. Sterling Capital Management LLC now owns 1,965 shares of the company’s stock valued at $25,000 after acquiring an additional 1,651 shares during the last quarter. State of Alaska Department of Revenue purchased a new stake in GCM Grosvenor during the third quarter valued at about $30,000. Finally, QRG Capital Management Inc. purchased a new stake in GCM Grosvenor during the second quarter valued at about $129,000. Hedge funds and other institutional investors own 99.95% of the company’s stock.

Trending Headlines about GCM Grosvenor

Here are the key news stories impacting GCM Grosvenor this week:

• Positive Sentiment: Third-quarter earnings were $0.22 per share, above the $0.21 consensus and up from $0.19 a year earlier. Revenue of $145.6 million also topped the $141.6 million estimate. GAAP net income rose 17% year over year, fee-related earnings increased 15%, and adjusted net income grew 20%. GCM Grosvenor Q3 results
• Positive Sentiment: Management expects fourth-quarter private-markets management fee growth of 7%–9% and said 2026 fundraising is aiming to rival 2025, offering a forward-looking growth signal. Management fee growth and fundraising outlook
• Positive Sentiment: The company declared a quarterly dividend of $0.12 per share, equivalent to $0.48 annualized; the reported yield is 3.6%. The payout may appeal to income-focused investors. Dividend announcement

About GCM Grosvenor

GCM Grosvenor is an alternative asset management firm that provides investment solutions across private markets and hedge fund strategies. Its offerings include private equity, infrastructure, real estate and credit investments, as well as customized portfolios and multi-manager strategies.

The firm invests on behalf of institutional investors and other clients through primary investments, co-investments and secondary-market transactions. Its activities span global markets, with offices in North America, Europe and Asia.

Founded in 1971, the firm traces its roots to Grosvenor Capital Management.