Victory Capital climbs as profit rises and inflows remain robust
06/08/2026 16:09
BUZZ-Victory Capital climbs as profit rises and inflows remain robust ** Shares of Victory Capital VCTR.O rise 5.3% to $105.30
** The asset manager reports Q2 adj. net income of $172.2 million, up from $122.5 million a year ago
** As of June 30, VCTR had assets under management (AUM) $342.5 billion
** Analysts at Barclays says management is now pointing to a larger pool of potential acquisition targets ($200 bln-$500 bln of AUM)
** VCTR pulled long-term net inflows of $4.2 bln and long-term gross flows of $22.1 bln
** Two of eight analysts rate stock "strong buy" or "buy" and six "hold"; their median PT is $95 - data compiled by LSEG
** Including session's move, stock up 66.7% YTD
(Reporting by Pragyan Kalita in Bengaluru)