GCM Grosvenor (NASDAQ:GCMG) Posts Earnings Results, Meets Expectations

GCM Grosvenor (NASDAQ:GCMG) posted its quarterly earnings results on Thursday. The company reported $0.18 earnings per share (EPS) for the quarter, meeting the consensus estimate of $0.18, FiscalAI reports. GCM Grosvenor had a net margin of 9.05% and a return on equity of 351.80%. The firm had revenue of $124.78 million for the quarter, compared to analysts’ expectations of $130.13 million.

Here are the key takeaways from GCM Grosvenor’s conference call:

• GCM Grosvenor reported 1Q26 AUM of $91B and fee‑paying AUM of $74B, up 12% and 11% YoY respectively; fee‑related earnings were flat YoY but rose ~20% when excluding large catch‑up fees from Q1 2025.
• Fundraising totaled $1.5B in Q1 and $9.3B over the last 12 months, led by infrastructure ($2.6B) and ARS ($2.0B), with a strong individual investor pipeline after raising ~$500M from that channel in the quarter.
• Absolute Return Strategies is a growth and earnings driver — ARS fee‑paying AUM hit $26B (16% YoY), generated ~$200M of inflows in the quarter, management fees +10% YoY, and carries ~$35M of run‑rate performance fees with upside potential.
• Unrealized carried interest exceeded $1B and the firm’s share topped $500M (up 23% YoY), representing substantial latent value but with uncertain realization timing and no current plan to accelerate monetization.
• The firm cited operating leverage (lower FRE comp YoY), expects fee‑related revenue to grow high single‑digits YoY in Q2, repaid $65M of debt, repurchased $18.6M of stock, maintains a $0.12 quarterly dividend (~4% yield), and is investing in AI and distribution to support growth.

GCM Grosvenor Stock Performance

Shares of NASDAQ:GCMG traded up $0.20 on Friday, reaching $11.36. 472,123 shares of the company’s stock were exchanged, compared to its average volume of 365,855. The business’s 50-day moving average is $10.57 and its two-hundred day moving average is $11.09. The company has a quick ratio of 1.72, a current ratio of 1.72 and a debt-to-equity ratio of 3.36. GCM Grosvenor has a fifty-two week low of $9.30 and a fifty-two week high of $13.22. The firm has a market capitalization of $2.30 billion, a price-to-earnings ratio of 25.24 and a beta of 0.87.

GCM Grosvenor Announces Dividend

The firm also recently announced a quarterly dividend, which will be paid on Monday, June 15th. Shareholders of record on Friday, June 5th will be issued a dividend of $0.12 per share. This represents a $0.48 dividend on an annualized basis and a dividend yield of 4.2%. The ex-dividend date of this dividend is Friday, June 5th. GCM Grosvenor’s dividend payout ratio is 106.67%.

Analyst Upgrades and Downgrades

Several equities research analysts have recently weighed in on the stock. Oppenheimer dropped their target price on shares of GCM Grosvenor from $24.00 to $17.00 and set an “outperform” rating for the company in a research report on Monday, April 13th. Weiss Ratings reaffirmed a “hold (c+)” rating on shares of GCM Grosvenor in a research report on Friday, April 10th. Wall Street Zen downgraded GCM Grosvenor from a “buy” rating to a “hold” rating in a research note on Saturday, May 2nd. Finally, Piper Sandler cut their price objective on GCM Grosvenor from $14.50 to $13.00 and set an “overweight” rating on the stock in a research note on Tuesday, April 7th. Two equities research analysts have rated the stock with a Buy rating and one has assigned a Hold rating to the stock. Based on data from MarketBeat, the stock currently has an average rating of “Moderate Buy” and a consensus target price of $15.00.

Institutional Investors Weigh In On GCM Grosvenor

Several institutional investors and hedge funds have recently bought and sold shares of GCMG. Ameriprise Financial Inc. lifted its holdings in GCM Grosvenor by 2.8% in the second quarter. Ameriprise Financial Inc. now owns 6,060,384 shares of the company’s stock worth $70,058,000 after acquiring an additional 166,578 shares during the last quarter. Vanguard Group Inc. grew its holdings in shares of GCM Grosvenor by 2.5% during the third quarter. Vanguard Group Inc. now owns 4,755,329 shares of the company’s stock valued at $57,397,000 after purchasing an additional 114,983 shares during the last quarter. UBS Group AG raised its position in shares of GCM Grosvenor by 438.3% during the 3rd quarter. UBS Group AG now owns 1,833,941 shares of the company’s stock worth $22,136,000 after purchasing an additional 1,493,250 shares during the period. State Street Corp raised its position in shares of GCM Grosvenor by 18.3% during the 4th quarter. State Street Corp now owns 1,649,438 shares of the company’s stock worth $18,672,000 after purchasing an additional 254,642 shares during the period. Finally, Goldman Sachs Group Inc. lifted its holdings in shares of GCM Grosvenor by 145.6% in the 4th quarter. Goldman Sachs Group Inc. now owns 1,529,439 shares of the company’s stock worth $17,313,000 after purchasing an additional 906,608 shares during the last quarter. Institutional investors and hedge funds own 99.95% of the company’s stock.

About GCM Grosvenor

GCM Grosvenor is a global alternative asset management firm that specializes in customized investment solutions across a range of private markets and hedge fund strategies. The firm partners with institutional clients—including pension funds, endowments, insurers and sovereign wealth funds—to design and implement portfolios that span private equity, infrastructure, real estate, credit and multi‐strategy hedge fund products. Through its multi‐manager platforms and direct co‐investment vehicles, GCM Grosvenor provides diversified access to opportunities that can enhance returns and manage risk in client portfolios.

Founded in 1971 as Grosvenor Capital Management, the firm has built a track record of sourcing, structuring and monitoring alternative investments on behalf of its clients.