Victory Capital Holdings Inc. (VCTR) shares reached an all-time high of $119.68 on Tuesday, extending a strong run that has delivered an 85% year-to-date gain and a 66.42% increase over the past 12 months.
The asset manager’s stock was last quoted at $119.42, up from $115.50 in late August trading, according to real-time market data. The advance follows second-quarter results that exceeded analyst expectations for profitability, though revenue lagged forecasts.
Adjusted earnings per share for the three months ended June 30 came in at $2.21, surpassing the $1.75 consensus estimate by 26.3%. Revenue totaled $346.1 million, below the projected $376.99 million.
InvestingPro data indicates the company has been actively repurchasing shares, while its valuation remains below estimated fair value. Separate analysis by ProPicks AI, which evaluates U.S. equities using more than 100 financial metrics, had previously flagged VCTR as a top performer, citing gains of 231.5% for Siemens Energy and 189% for Sandisk after inclusion in the model portfolio.
Victory Capital is among over 1,400 U.S. stocks covered by InvestingPro’s Pro Research Reports, which provide detailed financial analysis and valuation assessments.
