Quilter (LON:QLT) Posts Earnings Results

Quilter (LON:QLT) posted its quarterly earnings data on Thursday. The company reported GBX 3.30 earnings per share for the quarter, Digital Look Earnings reports. Quilter had a return on equity of 8.35% and a net margin of 1.28%.

Here are the key takeaways from Quilter’s conference call:

• Record core net flows reached £6 billion, up 32% year over year, while net flows rose to 9% of opening assets. Gross flows increased to £11.9 billion, reflecting continued momentum across the platform, solutions and high-net-worth businesses.
• Adjusted profit rose 12% to £112 million and EPS increased 13%, supported by 12% revenue growth and a 16% increase in net management fees. The company also reported a strong solvency position and has completed nearly 70% of its £100 million share buyback.
• The operating margin held at 30% despite inflation, lower interest income and elevated investment in technology, data, branding and distribution. Full-year costs are expected at £530 million–£540 million, likely toward the upper end, although management retains a long-term ambition to reach margins in the mid-30s.
• Quilter highlighted strong competitive positions, including an 18% share of platform gross new business and a 13% share of the MPS market. Management expects peer-leading net flows above its previous 45% ambition for the foreseeable future and anticipates second-half adjusted profit to be mid-single-digit percentage points above the first half, assuming steady markets.
• Management said advisor churn has not materially increased despite heightened competition, but acknowledged that platform pricing remains competitive and client-asset tiering continues to pressure revenue margins. Quilter is investing in AI and an adviser technology ecosystem to improve productivity and reduce servicing costs, while noting that the newer Quilter Invest proposition is a long-term, early-stage opportunity.

Quilter Stock Performance

LON:QLT opened at GBX 198.77 on Friday. The firm has a 50-day moving average price of GBX 195.95 and a 200 day moving average price of GBX 188.81. The company has a quick ratio of 0.05, a current ratio of 3.92 and a debt-to-equity ratio of 18.49. The firm has a market capitalization of £2.70 billion, a PE ratio of 23.11, a price-to-earnings-growth ratio of 2.50 and a beta of 0.82. Quilter has a 12-month low of GBX 150.80 and a 12-month high of GBX 209.

Wall Street Analysts Forecast Growth

QLT has been the topic of several recent analyst reports. Citigroup lifted their price target on Quilter from GBX 195 to GBX 210 and gave the stock a “neutral” rating in a research report on Monday. Jefferies Financial Group reissued a “buy” rating and issued a GBX 220 price objective on shares of Quilter in a research report on Wednesday, April 15th. Royal Bank Of Canada restated an “outperform” rating and issued a GBX 235 price objective on shares of Quilter in a research note on Friday. Berenberg Bank boosted their target price on shares of Quilter from GBX 215 to GBX 220 and gave the stock a “buy” rating in a research report on Friday. Finally, JPMorgan Chase & Co. cut their target price on shares of Quilter from GBX 212 to GBX 206 and set an “overweight” rating for the company in a research note on Tuesday, April 21st. Six analysts have rated the stock with a Buy rating and one has issued a Hold rating to the stock. According to MarketBeat, the stock has a consensus rating of “Moderate Buy” and a consensus price target of GBX 210.86.

Key Headlines Impacting Quilter

Here are the key news stories impacting Quilter this week:

• Positive Sentiment: Broker support strengthened: Berenberg raised its price target from GBX 215 to GBX 220 and upgraded its stance to “buy.” Royal Bank of Canada also reaffirmed its “outperform” rating, with a GBX 235 target—both implying upside from the shares’ recent level. London Stock Exchange broker ratings
• Positive Sentiment: Strong business momentum: Quilter reported record inflows and growth in assets and profits for the first half of 2026. The company also increased its dividend and announced a share buyback, potentially supporting shareholder returns and investor confidence. Quilter lifts assets and profits on record inflows
• Neutral Sentiment: Interim earnings were solid but not decisive: Quilter reported quarterly EPS of GBX 3.30, alongside an 8.35% return on equity and a 1.28% net margin. Investors are weighing these results against the company’s more restrained outlook. Quilter earnings report
• Negative Sentiment: Tax and outlook concerns overshadowed operations: A higher tax charge reduced the benefit of Quilter’s strong operating performance, while management expects only modest second-half profit growth as investor caution weighs on activity. These factors prompted the initial decline in the shares. Reuters report on Quilter’s outlook Yahoo Finance report on Quilter’s tax charge

Insider Buying and Selling at Quilter

In other Quilter news, insider Andrew Ross purchased 27,100 shares of the firm’s stock in a transaction that occurred on Wednesday, May 20th. The shares were acquired at an average cost of GBX 186 per share, for a total transaction of £50,406. Insiders own 0.52% of the company’s stock.

About Quilter

Quilter is a leading UK-focused full-service wealth manager, providing advice-led investment solutions and investment platform services to over 500,000 clients.

Its purpose is to create brighter financial futures for every generation.

Quilter strives to do this through supporting long-term advice-based relationships, delivering good investment management performance while maintaining consistently high-quality customer service.

It has leading positions in one of the world’s largest wealth markets, and its multi-channel distribution, award-winning platform and investment solutions are delivering attractive growth.