GCM Grosvenor (NASDAQ:GCMG) Releases Earnings Results

GCM Grosvenor (NASDAQ:GCMG) posted its quarterly earnings results on Tuesday. The company reported $0.31 earnings per share for the quarter, topping the consensus estimate of $0.24 by $0.07, FiscalAI reports. GCM Grosvenor had a negative return on equity of 246.80% and a net margin of 6.23%.The firm had revenue of $177.10 million during the quarter, compared to analysts’ expectations of $160.20 million.

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

• GCM Grosvenor reported a record year of capital raising with $10.7 billion raised in 2025 (a firm record and $3.5 billion in Q4) and said its pipeline and $12 billion of dry powder position it well for 2026 fundraising.
• Investment performance was strong across strategies — ARS Multi‑Strategy returned ~15% and Infrastructure ~11% in 2025 — helping lift AUM to a new high of $91 billion.
• Financially, Fee‑Related Earnings grew 11%, Adjusted Net Income 18%, and FRE margin expanded to 44%; the company also increased buyback authorization by $35 million (now $91M remaining) and prepaid $65 million of term debt.
• Gross unrealized carried interest is at an all‑time high of $949 million (firm share ~$478 million), which management sees as significant upside, but near‑term realizations remain lumpy (Q4 carried interest was light) and timing is uncertain.

GCM Grosvenor Stock Performance

Shares of NASDAQ GCMG opened at $11.30 on Wednesday. GCM Grosvenor has a 12-month low of $9.86 and a 12-month high of $14.48. The firm has a market capitalization of $2.19 billion, a price-to-earnings ratio of 40.36 and a beta of 0.80. The company has a current ratio of 2.76, a quick ratio of 2.76 and a debt-to-equity ratio of 112.30. The firm has a 50 day moving average of $11.33 and a 200 day moving average of $11.79.

GCM Grosvenor Announces Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Monday, March 16th. Investors of record on Monday, March 2nd will be issued a $0.12 dividend. The ex-dividend date of this dividend is Monday, March 2nd. This represents a $0.48 dividend on an annualized basis and a dividend yield of 4.2%. GCM Grosvenor’s dividend payout ratio (DPR) is presently 171.43%.

Analysts Set New Price Targets

GCMG has been the subject of a number of recent analyst reports. Oppenheimer set a $23.00 target price on GCM Grosvenor and gave the stock an “outperform” rating in a research report on Tuesday, January 20th. Weiss Ratings lowered shares of GCM Grosvenor from a “buy (b-)” rating to a “hold (c+)” rating in a research note on Monday, January 12th. Finally, Wall Street Zen raised shares of GCM Grosvenor from a “hold” rating to a “buy” rating in a report on Saturday, November 15th. Two research analysts have rated the stock with a Buy rating and two have given a Hold rating to the stock. According to data from MarketBeat, the stock currently has an average rating of “Moderate Buy” and a consensus target price of $17.00.

GCM Grosvenor News Roundup

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

• Positive Sentiment: Fourth‑quarter results beat expectations: Q4 EPS $0.31 vs. consensus $0.24 and revenue $177.1M vs. $160.2M — headline beat supports valuation and near‑term momentum. Earnings Release
• Positive Sentiment: Record fundraising: full‑year 2025 fundraising rose ~49% to $10.7B, and management outlined a plan to reach $280M+ in fee‑related earnings by 2028 — a multiyear growth roadmap that should lift recurring fee profitability. Fundraising & Guidance
• Positive Sentiment: Quarterly cash dividend declared: $0.12 per share (annualized yield ~4.2%), record date Mar 2 and payable Mar 16 — increases income appeal for yield‑seeking investors.
• Neutral Sentiment: Management is engaging investors via conference appearances and detailed call/transcript materials (Bank of America conference and Q4 call transcripts available), which helps transparency but doesn’t change fundamentals immediately. Conference Transcript
• Neutral Sentiment: Operational detail and analysis coverage published (earnings transcripts, Zacks, Yahoo summaries) that investors can use to dig into segment performance and slide deck disclosures. Earnings Transcript
• Neutral Sentiment: Strategic JV activity: partnered on a UK student‑housing JV (Tokoro) — small scale but indicative of continued deployment into real assets. JV Article
• Neutral Sentiment: Short‑interest data in reports appears garbled (shows 0 shares / NaN change) — no clear bearish short pressure signal from that dataset today.
• Negative Sentiment: Capital structure and returns: trailing metrics show a high debt‑to‑equity (~112.3) and reported negative return on equity (−246.8%), which are long‑term governance/financial risks investors should monitor despite current profitability improvements.
• Negative Sentiment: Valuation: TTM P/E (~40x) is rich relative to many peers — the stock’s upside now depends on execution against the 2028 fee‑related earnings target and sustained fundraising momentum.

Insiders Place Their Bets

In other news, CFO Pamela L. Bentley sold 40,000 shares of GCM Grosvenor stock in a transaction on Tuesday, December 16th. The shares were sold at an average price of $11.61, for a total transaction of $464,400.00. Following the transaction, the chief financial officer owned 43,309 shares in the company, valued at $502,817.49. This trade represents a 48.01% decrease in their position. The sale was disclosed in a legal filing with the SEC, which is available through this hyperlink. Insiders own 77.30% of the company’s stock.

Institutional Investors Weigh In On GCM Grosvenor

Hedge funds and other institutional investors have recently modified their holdings of the stock. Goldman Sachs Group Inc. lifted its position in GCM Grosvenor by 145.6% during the fourth quarter. Goldman Sachs Group Inc. now owns 1,529,439 shares of the company’s stock valued at $17,313,000 after purchasing an additional 906,608 shares in the last quarter. Geode Capital Management LLC raised its stake in shares of GCM Grosvenor by 3.8% in the fourth quarter. Geode Capital Management LLC now owns 1,240,140 shares of the company’s stock worth $14,042,000 after buying an additional 44,873 shares during the period. Caxton Associates LLP bought a new position in shares of GCM Grosvenor in the third quarter worth about $164,000. PharVision Advisers LLC purchased a new position in shares of GCM Grosvenor during the 3rd quarter valued at about $437,000. Finally, Verition Fund Management LLC grew its stake in shares of GCM Grosvenor by 82.0% during the 3rd quarter. Verition Fund Management LLC now owns 179,568 shares of the company’s stock valued at $2,167,000 after acquiring an additional 80,916 shares during the period. 99.95% of the stock is currently owned by hedge funds and other institutional investors.

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.