Home 
Today's Top Picks 
Top Performers 
Watchlist 
My Robo Portfolios 
ETF Zone 
Help & Tutorial - Chart
- Upturn Summary
- Highlights
- Revenue
- Valuation
Upturn AI SWOT - About
VCTR 
Victory Capital Holdings Inc (VCTR)
- BUY Advisory
- SELL Advisory (Profit)
- SELL Advisory (Loss)
- Profit
- Loss
- Pass (Skip investing)
Stock price based on last close (see disclosures)
- ALL
- 1Y
- 1M
- 1W
Upturn Advisory Summary
12/02/2025: VCTR (2-star) is currently NOT-A-BUY. Pass it for now.
Upturn Star Rating
Below Average Performance
These Stocks/ETFs, based on Upturn Advisory, often underperform the market, warranting careful consideration before investing.
Number of Analysts
8 Analysts rated it
Limited analyst coverage, niche firm, research info may be scarce.
1 Year Target Price $73.67
1 Year Target Price $73.67
| 2 | Strong Buy |
| 2 | Buy |
| 4 | Hold |
| 0 | Sell |
| 0 | Strong Sell |
Analysis of Past Performance
Type Stock | Historic Profit 58.21% | Avg. Invested days 70 | Today’s Advisory PASS |
Upturn Star Rating | Upturn Advisory Performance  4.0 | Stock Returns Performance  3.0 |
| Profits based on simulation | Last Close 12/02/2025 |
Key Highlights
Company Size Mid-Cap Stock | Market Capitalization 4.06B USD | Price to earnings Ratio 15.58 | 1Y Target Price 73.67 |
Price to earnings Ratio 15.58 | 1Y Target Price 73.67 | ||
Volume (30-day avg) 8 | Beta 1.12 | 52 Weeks Range 46.32 - 72.50 | Updated Date 12/2/2025 |
52 Weeks Range 46.32 - 72.50 | Updated Date 12/2/2025 | ||
Dividends yield (FY) 3.07% | Basic EPS (TTM) 3.9 |
Analyzing Revenue: Products, Geography and Growth
Revenue by Products
Product revenue - Year on Year
Earnings Date
Report Date 2025-11-06 | When After Market | Estimate 1.55 | Actual 1.63 |
Profitability
Profit Margin 25.27% | Operating Margin (TTM) 44.17% |
Management Effectiveness
Return on Assets (TTM) 9.69% | Return on Equity (TTM) 16.46% |
Valuation
Trailing PE 15.58 | Forward PE 8.84 | Enterprise Value 4861664111 | Price to Sales(TTM) 3.48 |
Enterprise Value 4861664111 | Price to Sales(TTM) 3.48 | ||
Enterprise Value to Revenue 4.18 | Enterprise Value to EBITDA 9.31 | Shares Outstanding 64935459 | Shares Floating 46949636 |
Shares Outstanding 64935459 | Shares Floating 46949636 | ||
Percent Insiders 10.43 | Percent Institutions 80.76 |
Upturn AI SWOT
Victory Capital Holdings Inc
Company Overview
History and Background
Victory Capital Holdings, Inc. (VCTR) was founded in 2013, emerging from KeyCorp's Victory Capital Management. It has grown through organic growth and acquisitions, expanding its investment management capabilities across various asset classes.
Core Business Areas
- Investment Management: Provides investment advisory services to institutions, intermediaries, and individual investors, encompassing a wide range of investment strategies.
- Investment Products: Offers various investment vehicles, including mutual funds, separate accounts, exchange-traded funds (ETFs) and private funds.
Leadership and Structure
The leadership team includes David Brown (Chairman and CEO) and Mannik Dhillon (President). The company operates with multiple investment boutiques, each managing its own strategies independently.
Top Products and Market Share
Key Offerings
- VictoryShares ETFs: Offers a diverse range of ETFs covering equity, fixed income, and alternative strategies. Market share is small compared to industry giants like BlackRock or Vanguard but is steadily increasing. Competitors include BlackRock (iShares), Vanguard, and State Street (SPDR).
- Institutional Separate Accounts: Manages customized investment portfolios for institutional clients like pension funds, endowments, and foundations. Competitors include firms like Wellington Management, PIMCO, and State Street Global Advisors.
- Mutual Funds: Offers a variety of actively managed mutual funds across various asset classes. Competitors include Fidelity, Capital Group (American Funds), and T. Rowe Price.
Market Dynamics
Industry Overview
The asset management industry is characterized by intense competition, regulatory changes, and evolving investor preferences. Growth is driven by market appreciation and net inflows.
Positioning
Victory Capital focuses on a multi-boutique model, providing diverse investment strategies. Its competitive advantage lies in its autonomous investment teams and specialized expertise.
Total Addressable Market (TAM)
The global asset management market is estimated to be in the trillions of dollars. Victory Capital is positioned to capture a small but growing share of this market, with room to grow through further acquisitions and organic expansion.
Upturn SWOT Analysis
Strengths
- Multi-boutique structure fostering investment autonomy
- Diverse range of investment strategies
- Strong distribution network
- Experienced leadership team
- Successful track record of acquisitions
Weaknesses
- Dependence on market performance
- Integration risks associated with acquisitions
- Relatively small size compared to industry giants
- Expense ratios for some products are higher compared to passive competitors
Opportunities
- Further acquisitions to expand investment capabilities
- Growth in demand for specialized investment strategies
- Expansion into new geographic markets
- Increase in demand for ESG investing
Threats
- Market downturns reducing assets under management (AUM)
- Increased competition and fee pressure
- Regulatory changes impacting the asset management industry
- Loss of key investment professionals
Competitors and Market Share
Key Competitors
- TROW
- BLK
- JPM
- AMG
- IVZ
Competitive Landscape
Victory Capital's multi-boutique structure offers a competitive advantage, but it faces challenges from larger, more established firms with greater brand recognition and resources.
Major Acquisitions
Newport Group
- Year: 2021
- Acquisition Price (USD millions): 691
- Strategic Rationale: Expanded retirement services and offerings.
Growth Trajectory and Initiatives
Historical Growth: Victory Capital has grown through organic growth and strategic acquisitions.
Future Projections: Future growth projections depend on market conditions, AUM growth, and expense management.
Recent Initiatives: Recent initiatives include product launches, acquisitions, and strategic partnerships.
Summary
Victory Capital demonstrates a unique multi-boutique strategy, enabling diverse investment approaches. Its growth stems from organic expansion and key acquisitions. While its competitive landscape involves industry titans, and the company's revenue is dependent on market performance, the future is likely in strategic acquisitions to grow AUM.
Similar Stocks
Sources and Disclaimers
Data Sources:
- Company SEC filings, Investor Presentations, Financial News Outlets
Disclaimers:
This analysis is based on available data and is not financial advice. Investment decisions should be based on individual circumstances and professional consultation.
AI Summarization is directionally correct and might not be accurate.
Summarized information shown could be a few years old and not current.
Fundamental Rating based on AI could be based on old data.
AI-generated summaries may have inaccuracies (hallucinations). Please verify the information before taking action.
About Victory Capital Holdings Inc
Exchange NASDAQ | Headquaters San Antonio, TX, United States | ||
IPO Launch date 2018-02-08 | Chairman of the Board of Directors & CEO Mr. David Craig Brown CPA | ||
Sector Financial Services | Industry Asset Management | Full time employees 460 | Website https://vcm.com |
Full time employees 460 | Website https://vcm.com | ||
Victory Capital Holdings, Inc., together with its subsidiaries, operates as an asset management company in the United States and internationally. The company offers specialized investment strategies to institutions, intermediaries, retirement platforms, and individual investors. It also provides various investment products, including actively and passively managed mutual funds, rules-based and active exchange traded funds (ETF), institutional separate accounts, variable insurance products, alternative investments, private closed end funds, and a 529 education savings plan; and third-party investment products, such as mutual funds, third-party ETF model strategies, retail separately managed accounts, unified managed accounts, collective investment trusts, and undertakings for the collective investment in transferable securities. In addition, the company offers investment management services, fund administration services, fund transfer agent services, and fund distribution services. Victory Capital Holdings, Inc. was incorporated in 2013 and is based in San Antonio, Texas.
Note: This website is maintained by Upturn Corporation, which is an investment adviser registered with the U.S. Securities and Exchange Commission. Such registration does not imply a certain level of skill or training. Investing in securities has risks. Past performance is no guarantee of future returns. No assurance is provided as to any particular investment return, and you may lose money using our services. You are strongly advised to consult appropriate counsel before making any investments in companies you learn about through our services. You should obtain appropriate legal, tax, investment, accounting, and other advice that takes into account your investment portfolio and overall financial situation. You are solely responsible for conducting due diligence on a potential investment. We do not affect trades for you. You will select your own broker through which to transact. Investments are not FDIC insured, they are not guaranteed, and they may lose value. Please see the Privacy Policy, Terms of Use, and Disclosure for more information.