Piper Sandler Issues Positive Forecast for GCM Grosvenor (NASDAQ:GCMG) Stock Price

Key Points

• Piper Sandler raised its GCM Grosvenor price target from $14.50 to $15.00 and maintained an Overweight rating, implying 11.5% upside from the cited share price.
• GCM Grosvenor beat third-quarter estimates, reporting earnings of $0.22 per share and revenue of $145.6 million; both exceeded analyst expectations.
• Analyst sentiment is broadly positive: MarketBeat reports a “Moderate Buy” consensus and an average price target of $14.75, though one analyst rates the stock Hold.

GCM Grosvenor (NASDAQ:GCMG - Get Free Report) had its target price boosted by research analysts at Piper Sandler from $14.50 to $15.00 in a report issued on Tuesday, Benzinga reports. The brokerage currently has an "overweight" rating on the stock. Piper Sandler's price target would indicate a potential upside of 11.52% from the company's current price.

Other research analysts also recently issued research reports about the company. Wall Street Zen downgraded GCM Grosvenor from a "buy" rating to a "hold" rating in a research note on Saturday, October 10th. JPMorgan Chase & Co. lifted their target price on GCM Grosvenor from $12.00 to $13.00 and gave the stock a "neutral" rating in a research note on Tuesday, August 11th. Weiss Ratings raised shares of GCM Grosvenor from a "buy (b-)" rating to a "buy (b)" rating in a report on Thursday, August 13th. Finally, Oppenheimer reduced their price target 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. Four research analysts have rated the stock with a Buy rating and one has assigned a Hold rating to the company. Based on data from MarketBeat, the company currently has an average rating of "Moderate Buy" and a consensus target price of $14.75.

GCM Grosvenor Trading Up 6.2%

Shares of GCMG stock opened at $13.45 on Tuesday. 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 company has a market capitalization of $2.73 billion, a price-to-earnings ratio of 25.87 and a beta of 0.91. GCM Grosvenor has a 52-week low of $9.30 and a 52-week high of $14.87. The company has a 50-day simple moving average of $12.87 and a two-hundred day simple moving average of $11.91.

GCM Grosvenor (NASDAQ:GCMG - Get Free Report) last posted its earnings results on Monday, November 9th. The company reported $0.22 EPS for the quarter, topping the consensus estimate of $0.21 by $0.01. GCM Grosvenor had a net margin of 7.79% and a return on equity of 142.74%. The firm had revenue of $145.55 million for the quarter, compared to analysts' expectations of $141.60 million. Research analysts anticipate that GCM Grosvenor will post 0.69 EPS for the current fiscal year.

Insider Buying and Selling at GCM Grosvenor

In other GCM Grosvenor news, insider Kathleen Sullivan sold 24,963 shares of the firm's stock in a transaction on Wednesday, September 2nd. The stock was sold at an average price of $13.15, for a total value of $328,263.45. Following the completion of the sale, the insider directly owned 59,832 shares of the company's stock, valued at $786,790.80. This trade represents a 29.44% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is available through this link. Also, CFO Pamela L. Bentley sold 40,000 shares of the business's stock in a transaction on Tuesday, September 15th. The shares were sold at an average price of $12.56, for a total value of $502,400.00. Following the completion of the sale, the chief financial officer owned 24,397 shares in the company, valued at approximately $306,426.32. The trade was a 62.11% decrease in their ownership of the stock. 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. Over the last three months, insiders have sold 90,000 shares of company stock valued at $1,155,350. 70.70% of the stock is owned by corporate insiders.

Institutional Investors Weigh In On GCM Grosvenor

Several large investors have recently added to or reduced their stakes in GCMG. Sterling Capital Management LLC lifted its holdings in GCM Grosvenor by 525.8% during the third quarter. Sterling Capital Management LLC now owns 1,965 shares of the company's stock valued at $25,000 after purchasing an additional 1,651 shares during the last quarter. State of Alaska Department of Revenue purchased a new position in shares of GCM Grosvenor in the third quarter worth about $30,000. Integrated Wealth Concepts LLC bought a new stake in shares of GCM Grosvenor in the second quarter valued at approximately $35,000. Levin Capital Strategies L.P. bought a new stake in shares of GCM Grosvenor in the first quarter valued at approximately $98,000. Finally, QRG Capital Management Inc. bought a new stake in shares of GCM Grosvenor in the second quarter valued at approximately $129,000. Hedge funds and other institutional investors own 99.95% of the company's stock.

Key Headlines Impacting 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.

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