WHG
Westwood Holdings Group, Inc.18.27
+0.09+0.5%
Dec 16, 4:00:02 PM EST
Earnings Call Transcripts
This Quarter (Q4 '25)
No earnings call transcript available yet
Last Quarter (Q3 '25)
No earnings call transcript available
Key Stats
Market Cap
171.89MP/E (TTM)
22.01Basic EPS (TTM)
0.83Dividend Yield
0.03%Recent Filings
10-Q
Q3 FY2025 results
Westwood Holdings Group swung to profitability in Q3 2025, posting net income of $3.7M versus a $0.2M loss last year, fueled by $24.3M in revenues up 2% y/y on higher average AUM of $17.3B, while expenses dropped 8% y/y after no contingent consideration hit this time. Advisory fees climbed 6% y/y to $18.9M, with institutional accounts at 45% of total driving the lift, yet trust fees dipped 1% y/y to $5.4M. Operating income hit $2.0M from a $0.5M loss, boosted by a $1.9M unrealized gain on private investments; diluted EPS rose to $0.41 from $0.01, reconciling to 8.9M shares with no anti-dilution flagged. Cash swelled to $21.6M with $10.9M operating cash flow over nine months, no debt, and FCF not disclosed in the 10-Q; the firm renewed its Dallas lease for 11.4 years starting Q2 2026. Revenues hinge on a few big clients.
8-K
Q3 earnings surge to $3.7M
Westwood Holdings Group reported third-quarter 2025 net income of $3.7 million, up sharply from $1.0 million in Q2 and $0.1 million a year ago, driven by $24.3 million in revenues and unrealized gains on private investments. Assets under management hit $17.3 billion, with the MDST ETF surpassing $150 million and capturing 30% of September midstream ETF flows; private fundraising exceeded annual goals. The board approved a $0.15 per share dividend, payable January 2, 2026. Momentum builds across strategies.
10-Q
Q2 FY2025 results
Westwood Holdings Group swung to a $1.0M net income in Q2 FY2025 ended June 30, 2025, from a $2.2M loss a year earlier, as revenues climbed 2% y/y to $23.1M on 5% higher asset-based advisory fees amid $17.3B AUM, up 10% y/y from net inflows and market gains, while trust fees dipped 3% y/y. Expenses fell 17% y/y to $22.3M, mainly from no repeat of the prior $4.8M contingent consideration loss tied to the 2022 Salient acquisition, lifting operating income to $0.9M from a $4.2M loss; diluted EPS hit $0.12, aligning with 8.8M shares. Cash and equivalents stood at $15.4M with no debt, though operating cash flow slowed to $2.4M YTD from $11.7M last year after settling $4.7M contingent consideration. Free cash flow not disclosed in the 10-Q. Yet competition in the investment management industry could pressure fees.
8-K
Q2 AUM hits $18.3B
Westwood Holdings Group reported Q2 2025 results with assets under management climbing to $18.3 billion from $16.8 billion a year ago, fueled by strong strategy performance and ETF milestones like MDST surpassing $100 million. Revenues held steady at $23.1 million while net income rose to $1.0 million from a $2.2 million loss last year, thanks to lower expenses. The board approved a $0.15 per share dividend, payable October 1. Momentum builds across the platform.
8-K
Jan Ryan joins board
Westwood Holdings Group appointed Jan Ryan to its Board of Directors on May 30, 2025, effective immediately, to bolster expertise in technology, venture capital, and growth strategy. With over 30 years leading tech firms through acquisitions and an IPO, Ryan's addition strengthens the board amid Westwood's push for innovation and client value. She'll receive standard non-employee director pay. Her insights sharpen oversight on market expansion.
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