UK's Tatton Asset Management AUM/I rises 11% in FY26 on strong net inflows
UK's Tatton Asset Management AUM/I rises 11% in FY26 on strong net inflows
Overview
UK investment management group's FY26 revenue rose 20.1%, ahead of company-compiled market expectations
Adjusted fully diluted EPS grew 22.3%
Assets under management and influence (AUM/I) rose 11% to £24.2 bln, driven by strong net inflows
Outlook
Tatton maintains target of £30bln AUM/I by March 2029
Tatton says macroeconomic and geopolitical uncertainties may persist, but business model seen as resilient
Result Drivers
ADVISER-LED INFLOWS - Underlying net inflows of £2.806 bln, averaging £234 mln per month, drove AUM/I growth, per CEO Paul Hogarth
ADVISER NETWORK EXPANSION - Number of firms using Tatton's services increased by 9.7% to 1,218, supporting asset growth
OPERATING LEVERAGE - Improved operating margin to 52.3% as revenues scaled and cost discipline was maintained
Company press release: ID:nRSP3825Ia
Key Details
Metric | Beat/Miss | Actual | Consensus Estimate |
FY Adjusted EBIT |
| GBP 28.5 mln |
|
Analyst Coverage
The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 3 "strong buy" or "buy", no "hold" and no "sell" or "strong sell"
The average consensus recommendation for the investment management & fund operators peer group is "buy"
Wall Street's median 12-month price target for Tatton Asset Management PLC is GBp876.50, about 45.6% above its June 15 closing price of GBp602.00
The stock recently traded at 16 times the next 12-month earnings vs. a P/E of 18 three months ago
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(This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)
Recent news on Tatton Asset Management
See all newsNotice of Investor & Analyst Presentations
Brief: Tatton Asset Management Reports H1 Assets Under Management Of GBP 27,968 Mln
UK's Tatton Asset Management H1 AUM boosted by investment gains, but net inflows miss guidance
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