GCM Grosvenor (NASDAQ:GCMG) Releases Quarterly Earnings Results, Beats Expectations By $0.01 EPS

GCM Grosvenor (NASDAQ:GCMG) posted its earnings results on Monday. The company reported $0.22 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.21 by $0.01, FiscalAI reports. 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%.

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

• Third-quarter results showed continued growth: AUM rose 13% year over year to $98 billion, fee-related earnings increased 15%, and adjusted net income grew 20%. The FRE margin expanded to 47% from 45% a year earlier.
• Fundraising totaled $2.7 billion in the quarter and $10 billion over the last 12 months; the near-term pipeline is 20% larger than a year ago. Management expects full-year 2026 fundraising to rival 2025, supported by $10.6 billion of contracted AUM not yet fee-paying.
• Absolute Return Strategies had strong returns over longer periods—13% year to date and nearly 19% over the past year—but its composite fell 2% gross in the third quarter, partly reflecting SpaceX. ARS fee-paying AUM rose 18% year over year, and management expects continued inflows.
• Unrealized carried interest reached a record approximately $1.1 billion at quarter end, including $592 million representing the firm’s share. Management called this embedded earnings potential, while cautioning that realization timing is uncertain and fund-level waterfalls affect when carry is earned.
• Management highlighted growth in newer channels and strategies: individual-investor AUM rose 40% year over year to $5.3 billion, and the firm has raised about $4 billion for credit over the past two years. The board approved a $0.12 quarterly dividend, with $54 million remaining under the share-repurchase authorization.

GCM Grosvenor Trading Up 6.2%

NASDAQ:GCMG opened at $13.45 on Tuesday. The company has a quick ratio of 1.89, a current ratio of 1.89 and a debt-to-equity ratio of 2.96. The business’s 50 day moving average is $12.87 and its two-hundred day moving average is $11.91. GCM Grosvenor has a 52 week low of $9.30 and a 52 week high of $14.87. The company has a market cap of $2.73 billion, a PE ratio of 25.87 and a beta of 0.91.

GCM Grosvenor Dividend Announcement

The company also recently announced a quarterly dividend, which will be paid on Tuesday, December 15th. Shareholders of record on Tuesday, December 1st will be issued a dividend of $0.12 per share. This represents a $0.48 dividend on an annualized basis and a yield of 3.6%. The ex-dividend date of this dividend is Tuesday, December 1st. GCM Grosvenor’s dividend payout ratio (DPR) is currently 92.31%.

Wall Street Analysts Forecast Growth

Several equities analysts have recently commented on GCMG shares. Weiss Ratings upgraded GCM Grosvenor from a “buy (b-)” rating to a “buy (b)” rating in a research note on Thursday, August 13th. JPMorgan Chase & Co. upped their price target on shares of GCM Grosvenor from $12.00 to $13.00 and gave the company a “neutral” rating in a report on Tuesday, August 11th. Piper Sandler increased their price objective on shares of GCM Grosvenor from $14.50 to $15.00 and gave the company an “overweight” rating in a research note on Tuesday. Wall Street Zen lowered shares of GCM Grosvenor from a “buy” rating to a “hold” rating in a report on Saturday, October 10th. Finally, Oppenheimer dropped their target price 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 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.com, GCM Grosvenor currently has a consensus rating of “Moderate Buy” and an average target price of $14.75.

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

Insider Buying and Selling

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

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.