Invesco (NYSE:IVZ) Stock Price Expected to Rise, Royal Bank Of Canada Analyst Says

Invesco (NYSE:IVZ) had its target price hoisted by investment analysts at Royal Bank Of Canada from $33.00 to $35.00 in a research report issued on Wednesday,Benzinga reports. The brokerage presently has an “outperform” rating on the asset manager’s stock. Royal Bank Of Canada’s target price would indicate a potential upside of 23.82% from the company’s current price.

A number of other research firms also recently weighed in on IVZ. The Goldman Sachs Group raised their price target on shares of Invesco from $27.00 to $30.00 and gave the stock a “neutral” rating in a research report on Wednesday, April 29th. Evercore set a $32.00 price objective on shares of Invesco in a research note on Friday, July 10th. Argus reissued a “hold” rating on shares of Invesco in a report on Wednesday, April 29th. TD Cowen boosted their target price on shares of Invesco from $32.00 to $33.00 and gave the stock a “buy” rating in a research report on Monday, June 8th. Finally, Barclays upped their target price on shares of Invesco from $31.00 to $32.00 and gave the company an “equal weight” rating in a research note on Wednesday. Four analysts have rated the stock with a Buy rating and eleven have assigned a Hold rating to the company. According to MarketBeat, the company currently has a consensus rating of “Hold” and an average target price of $29.54.

Invesco Stock Down 4.0%

IVZ traded down $1.16 on Wednesday, reaching $28.27. The company’s stock had a trading volume of 2,834,830 shares, compared to its average volume of 5,613,229. Invesco has a 1 year low of $20.08 and a 1 year high of $31.02. The business’s 50 day moving average is $28.10 and its 200 day moving average is $26.68. The company has a debt-to-equity ratio of 1.01, a current ratio of 1.45 and a quick ratio of 1.45. The stock has a market cap of $12.53 billion, a price-to-earnings ratio of -19.23, a price-to-earnings-growth ratio of 0.49 and a beta of 1.62.

Invesco (NYSE:IVZ) last posted its quarterly earnings data on Tuesday, July 28th. The asset manager reported $0.71 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.67 by $0.04. Invesco had a positive return on equity of 11.34% and a negative net margin of 6.11%.The company had revenue of $1.33 billion for the quarter, compared to the consensus estimate of $1.32 billion. During the same period in the previous year, the business earned $0.36 EPS. Invesco’s revenue for the quarter was up 20.5% compared to the same quarter last year. As a group, research analysts forecast that Invesco will post 2.78 EPS for the current fiscal year.

Institutional Inflows and Outflows

Large investors have recently modified their holdings of the business. Vanguard Group Inc. raised its stake in Invesco by 1.8% during the fourth quarter. Vanguard Group Inc. now owns 52,965,761 shares of the asset manager’s stock worth $1,391,411,000 after acquiring an additional 947,693 shares during the period. State Street Corp lifted its holdings in Invesco by 1.5% in the second quarter. State Street Corp now owns 22,260,704 shares of the asset manager’s stock worth $351,051,000 after acquiring an additional 332,340 shares during the last quarter. Dimensional Fund Advisors LP boosted its stake in Invesco by 2.9% in the first quarter. Dimensional Fund Advisors LP now owns 21,361,119 shares of the asset manager’s stock valued at $518,836,000 after acquiring an additional 596,434 shares during the period. AQR Capital Management LLC boosted its stake in Invesco by 5.3% in the second quarter. AQR Capital Management LLC now owns 11,612,559 shares of the asset manager’s stock valued at $182,491,000 after acquiring an additional 584,035 shares during the period. Finally, Invesco Ltd. bought a new position in shares of Invesco during the fourth quarter valued at approximately $230,391,000. 66.09% of the stock is currently owned by institutional investors.

More Invesco News

Here are the key news stories impacting Invesco this week:

• Positive Sentiment: Q2 earnings exceeded expectations. Invesco reported adjusted diluted EPS of $0.71, above the $0.67 consensus estimate, while revenue of approximately $1.33 billion also topped forecasts. EPS rose from $0.36 a year earlier, and revenue increased 20.5% year over year. Invesco Q2 Earnings and Revenues Surpass Estimates
• Positive Sentiment: Strong asset flows and ETF-led growth support the outlook. Invesco generated $45.1 billion in net long-term inflows, while ending assets under management reached $2.47 trillion, up 23.4% from the prior year. Management highlighted continued momentum in ETFs and other growth areas. Invesco’s Earnings Call Highlights ETF-Led Growth
• Positive Sentiment: Capital returns remain supportive. Invesco declared a quarterly dividend of $0.215 per share, payable September 2, and repurchased approximately 1.9 million shares for $50 million during the quarter. Invesco Reports Second-Quarter Results
• Neutral Sentiment: Momentum and valuation screens are favorable. Zacks identified IVZ as a strong momentum stock and included it among undervalued price-to-book companies. These screens may attract value-oriented investors but do not materially change the company’s fundamentals. Why Invesco Is a Strong Momentum Stock
• Negative Sentiment: Fee pressure is the key overhang. Investors remain concerned that industry fee compression could limit the benefit of rising AUM and inflows. Higher expenses and the competitive asset-management environment may also restrain margins, helping explain the market’s cautious reaction to otherwise strong results. Invesco Stock May Trade at a Premium on Fee Pressure Risk

Invesco Company Profile

Invesco Ltd. is an independent global investment management firm headquartered in Atlanta, Georgia, and publicly traded on the New York Stock Exchange (NYSE: IVZ). With origins dating back to 1935, the company is dedicated to offering a wide array of investment strategies and solutions to both individual and institutional clients worldwide.

The firm’s product suite encompasses actively managed equity and fixed income funds, passive index funds, exchange-traded funds (ETFs), closed-end funds, and unit investment trusts, alongside specialized offerings such as private markets, real estate, and structured products.