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SAN ANTONIO--(BUSINESS WIRE)--Victory Capital Holdings, Inc. (NASDAQ: VCTR) (“Victory Capital” or the “Company”) announced Dominique Carrel-Billiard's resignation from its Board of Directors (the “Board”), effective July 23, 2026, due to his leaving Amundi. Concurrently, the Board has appointed Nicolas Calcoen as a Director, effective the same date.Mr. Calcoen's appointment, recommended by the Board's Nominating & Governance Committee, adds a seasoned global asset management executive to Vic.

Whether it's through stocks, bonds, ETFs, or other types of securities, all investors love seeing their portfolios score big returns. However, when you're an income investor, your primary focus is generating consistent cash flow from each of your liquid investments.

Cash flow can come from bond interest, interest from other types of investments, and, of course, dividends. A dividend is that coveted distribution of a company's earnings paid out to shareholders, and investors often view it by its dividend yield, a metric that measures the dividend as a percent of the current stock price. Many academic studies show that dividends make up large portions of long-term returns, and in many cases, dividend contributions surpass one-third of total returns.

Based in San Antonio, Victory Capital Holdings (VCTR - Free Report) is in the Finance sector, and so far this year, shares have seen a price change of 45.79%. The investment management firm is currently shelling out a dividend of $0.50 per share, with a dividend yield of 2.17%. This compares to the Financial - Investment Management industry's yield of 2.76% and the S&P 500's yield of 1.33%.

Looking at dividend growth, the company's current annualized dividend of $2.00 is up 3.1% from last year. Over the last 5 years, Victory Capital Holdings has increased its dividend 5 times on a year-over-year basis for an average annual increase of 48.75%. Looking ahead, future dividend growth will be dependent on earnings growth and payout ratio, which is the proportion of a company's annual earnings per share that it pays out as a dividend. Victory Capital's current payout ratio is 29%, meaning it paid out 29% of its trailing 12-month EPS as dividend.

Earnings growth looks solid for VCTR for this fiscal year. The Zacks Consensus Estimate for 2026 is $7.41 per share, which represents a year-over-year growth rate of 16.14%.

From greatly improving stock investing profits and reducing overall portfolio risk to providing tax advantages, investors like dividends for a variety of different reasons. It's important to keep in mind that not all companies provide a quarterly payout.

High-growth firms or tech start-ups, for example, rarely provide their shareholders a dividend, while larger, more established companies that have more secure profits are often seen as the best dividend options. Income investors have to be mindful of the fact that high-yielding stocks tend to struggle during periods of rising interest rates. That said, they can take comfort from the fact that VCTR is not only an attractive dividend play, but also represents a compelling investment opportunity with a Zacks Rank of #1 (Strong Buy).

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SummaryVictory Capital Holdings is rated 'Buy', driven by strong earnings, robust AUM growth, and successful integration of acquisitions like Pioneer.VCTR's strategy leverages M&A and ETF product expansion, supporting revenue, EBITDA, and EPS growth above sector and historical averages.1Q26 results exceeded expectations: revenue +77% yoy, adjusted EBITDA +75% yoy, and stable fee rates amid industry-wide compression.Healthy leverage, consistent dividends, and active share repurchases provide downside support while valuation remains below recent peaks.Marcio Silva/iStock Editorial via Getty Images

Summary Victory Capital Holdings' (VCTR) stock is +37% YTD, driven by stronger-than-expected earnings from a growing ETF segment in addition to higher AUM and earnings from recent acquisitions such as Pioneer. VCTR has a clear strategy to

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Analyst’s Disclosure: I/we have no stock, option or similar derivative position in any of the companies mentioned, and no plans to initiate any such positions within the next 72 hours. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (other than from Seeking Alpha). I have no business relationship with any company whose stock is mentioned in this article.

Seeking Alpha's Disclosure: Past performance is no guarantee of future results. No recommendation or advice is being given as to whether any investment is suitable for a particular investor. Any views or opinions expressed above may not reflect those of Seeking Alpha as a whole. Seeking Alpha is not a licensed securities dealer, broker or US investment adviser or investment bank. Our analysts are third party authors that include both professional investors and individual investors who may not be licensed or certified by any institute or regulatory body.

SAN ANTONIO, Texas--(BUSINESS WIRE)---- $VCTR--Victory Capital has consistently stated, it was only prepared to move forward with a negotiated, consensual transaction.

SAN ANTONIO, Texas--(BUSINESS WIRE)--Victory Capital Reports March 2026 Total Client Assets.

Key Takeaways BlackRock beat Q1 earnings estimates as higher revenues and AUM offset rising expenses.AMG's alternatives push and global reach are expected to drive inflows and earnings growth.FHI gains from deals and product mix, while VCTR's model supports performance despite AUM outflows. One of the largest and most well-known asset management stocks — BlackRock (BLK - Free Report) — kicked off first-quarter earnings on April 14. BLK handily surpassed the Zacks Consensus Estimate. Higher revenues and assets under management (AUM) balance more than offset a rise in total expenses. Since then, many other asset managers came out with quarterly numbers, reflecting solid performance.

How to Recognize Potential Outperformers?We are using our proprietary methodology to find stocks that are poised to outpace the Zacks Consensus Estimate in the quarter. By using the Zacks Stock Screener, we have identified three such asset management stocks —Federated Hermes (FHI - Free Report) , Affiliated Managers Group (AMG - Free Report)  and Victory Capital Holdings (VCTR - Free Report) .

These stocks have the ideal combination of two key ingredients — a positive Earnings ESP and a Zacks Rank #3 (Hold) or better — to surpass expectations. You can uncover the best stocks to buy or sell before they are reported with our Earnings ESP Filter.

Our proprietary methodology, Earnings ESP, shows the percentage difference between the Most Accurate Estimate and the Zacks Consensus Estimate. Research shows that for stocks with this combination of rank and ESP, chances of a positive earnings surprise are as high as 70%.

Before we go into the details regarding the above-mentioned asset managers, let us understand the factors that are likely to have influenced their quarterly performances.

Factors Likely to Have Influenced Asset Managers’ Q1 EarningsIn the January-March quarter, the S&P 500 Index fell 4.9%, signaling a volatile market performance. Subdued performance was largely due to geopolitical tensions (mainly the Middle East conflict) and AI-driven disruption. The fixed-income market performance was mixed but more resilient than equities. As such, industry players’ AUM is likely to have witnessed decent growth, while the private credit market weakness is likely to have weighed on AUM expansion.

On the cost front, as industry players are constantly trying to upgrade technology to keep up with evolving customer needs, technology-related costs are expected to keep rising. Using AI and machine learning to enhance operational efficiencies may lead to increased expenses in the short term, but will ultimately support investment managers' operating margins in the long run.

Q1 Earnings ExpectationsThe Zacks Finance sector’s (of which asset management is part) earnings are projected to rise 27.3% year over year in the first quarter of 2026. This compares with the 17.3% increase recorded in the fourth quarter of 2025.

(For a detailed look at the earnings growth projections for this sector and others, please read our Earnings Preview.)

3 Asset Management Stocks That Are Potential Safe BetsFederated Hermes, Headquartered in Pittsburgh, PA, is a global asset manager formed from the merger between Federated Investors and Hermes Investment Management.

The company’s AUM is likely to have benefited from strategic deals and a focus on acquiring money market assets. A diverse asset and product mix, along with inorganic growth initiatives, is likely to have supported its performance in the first quarter of 2026. 

Federated Hermes is scheduled to announce results on April 30, after market close. The Zacks Consensus Estimate for its first-quarter earnings of $1.20 per share implies a rise of 9.1% from the year-ago reported figure. The company has an Earnings ESP of +0.35% and a Zacks Rank #3.

Federated Hermes, Inc. Price and EPS Surprise

Affiliated Managers, headquartered in Massachusetts, is a global asset manager with investments in high-quality, independent partner-owned firms or affiliates.

The company is likely to have gained from diverse product offerings, a pivot toward the alternative strategy and global distribution capability. AMG has been pivoting toward private markets and liquid alternatives, fueling strong client inflows into these segments and offsetting weakness in traditional asset categories. In sync with this strategy, in February 2026, it announced investment in HighBrook (a private market manager operating in the real estate sector) and an incremental minority investment in Garda.

Affiliated Managers is scheduled to announce results on May 1, before market open. The Zacks Consensus Estimate for its first-quarter 2026 earnings of $7.38 per share implies a rise of 41.9% from the year-ago reported figure. AMG has an Earnings ESP of +8.76% and a Zacks Rank #3. 

Affiliated Managers Group, Inc. Price and EPS Surprise

Victory Capital, headquartered in Cleveland, OH, is an integrated multi-boutique asset management firm.

In March 2026, Victory Capital reported a total AUM of $309.8 billion, down from $324 billion in February 2026. For the first quarter, the company reported long-term AUM net outflows of $457 million. However, the strong positioning of VCTR's integrated multi-boutique business model in a fast-expanding market, combined with the effectiveness of its distribution platform, is expected to support its performance in the upcoming period.

VCTR is scheduled to announce results on May 6, after market close. The Zacks Consensus Estimate for its first-quarter earnings of $1.62 per share implies a rise of 19.1% from the year-ago reported figure. The company has an Earnings ESP of +0.36% and a Zacks Rank #3. You can see the complete list of today’s Zacks #1 Rank (Strong Buy) stocks here.

Victory Capital Holdings, Inc. Price and EPS Surprise

SAN ANTONIO--(BUSINESS WIRE)--Victory Capital Reports Record First Quarter Results.

Victory Capital Holdings (VCTR - Free Report) reported $387.99 million in revenue for the quarter ended March 2026, representing a year-over-year increase of 76.7%. EPS of $1.82 for the same period compares to $1.36 a year ago.

The reported revenue represents a surprise of +5.16% over the Zacks Consensus Estimate of $368.96 million. With the consensus EPS estimate being $1.65, the EPS surprise was +10.64%.

While investors scrutinize revenue and earnings changes year-over-year and how they compare with Wall Street expectations to determine their next move, some key metrics always offer a more accurate picture of a company's financial health.

Since these metrics play a crucial role in driving the top- and bottom-line numbers, comparing them with the year-ago numbers and what analysts estimated about them helps investors better project a stock's price performance.

Here is how Victory Capital performed in the just reported quarter in terms of the metrics most widely monitored and projected by Wall Street analysts:

Ending assets under management - Alternative Investments: $3.03 billion versus the three-analyst average estimate of $3.06 billion.Ending assets under management - U.S. Small Cap Equity: $10.54 billion versus $10.73 billion estimated by three analysts on average.Ending assets under management - U.S. Mid Cap Equity: $29.28 billion versus $29.64 billion estimated by three analysts on average.Ending assets under management - U.S. Large Cap Equity: $59.8 billion compared to the $60.88 billion average estimate based on three analysts.Ending assets under management - Solutions: $92.4 billion compared to the $92.93 billion average estimate based on three analysts.Ending assets under management - Global/Non-U.S. Equity: $31.47 billion compared to the $31.59 billion average estimate based on three analysts.Ending assets under management - Fixed Income: $79.72 billion compared to the $80.49 billion average estimate based on three analysts.Ending Assets Under Management: $309.84 billion compared to the $314.06 billion average estimate based on three analysts.Net client cash flows - Fixed Income: $-569 million compared to the $-314.22 million average estimate based on two analysts.Net client cash flows - U.S. Large Cap Equity: $-899 million versus $-800.85 million estimated by two analysts on average.Revenue- Investment management fees: $316.37 million versus $294.98 million estimated by three analysts on average. Compared to the year-ago quarter, this number represents a +82.6% change.Revenue- Fund administration and distribution fees: $71.62 million compared to the $73.98 million average estimate based on three analysts. The reported number represents a change of +54.7% year over year.View all Key Company Metrics for Victory Capital here>>>

Shares of Victory Capital have returned +29.3% over the past month versus the Zacks S&P 500 composite's +10.3% change. The stock currently has a Zacks Rank #3 (Hold), indicating that it could perform in line with the broader market in the near term.

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When tech stocks are flying high, it can be easy to forget about the steady, dividend-paying stocks that often stabilize a portfolio.

SAN ANTONIO, Texas--(BUSINESS WIRE)--Victory Capital Holdings, Inc. (NASDAQ: VCTR) (“Victory Capital” or the “Company”) today reported Total Assets Under Management (AUM) of $338.9 billion, Other Assets of $3.6 billion, and Total Client Assets of $342.4 billion, as of May 31, 2026. For the month of May, Average Total AUM was $333.6 billion, average Other Assets was $3.5 billion, and average Total Client Assets was $337.1 billion. Victory Capital Holdings, Inc. Total Client Assets (unaudited; in.

Victory Capital Holdings, Inc. (VCTR) Presents at Morgan Stanley US Financials Conference 2026 Transcript