SAMG Overview

GXO Logistics Insider Purchase: Todd C. Cooper, Director of GXO Logistics, purchased 6,000 shares for $303,540 at $50.59 each, with the stock trading up about 0.5% on Tuesday.

Silvercrest Asset Management Insider Purchase: Managing Director John Allen Gray bought 21,785 shares of Silvercrest Asset Management Group for $298,762 at $13.71 each, with the stock up about 0.9% on Tuesday and Gray currently in the green by 0.8%.

Earnings Decline: Silvercrest Asset Management Group Inc. reported a significant drop in earnings for the third quarter, with net earnings of $0.62 million ($0.07 per share) compared to $2.25 million ($0.24 per share) last year.

Adjusted Earnings: Excluding certain items, the company reported adjusted earnings of $2.41 million or $0.19 per share for the period.

Revenue Growth: The company's revenue increased by 2.9% to $31.30 million, up from $30.42 million in the same quarter last year.

Earnings Summary: Key figures include earnings of $0.62 million, EPS of $0.07, and revenue of $31.30 million, reflecting a challenging financial performance compared to the previous year.

Earnings Performance: Silvercrest (SAMG) reported quarterly earnings of $0.19 per share, missing the Zacks Consensus Estimate of $0.29, and showing a decline from $0.26 per share a year ago, resulting in an earnings surprise of -34.48%.

Revenue Results: The company generated revenues of $31.3 million for the quarter, falling short of the Zacks Consensus Estimate by 3.72%, and has not met revenue expectations over the last four quarters.

Stock Outlook: Silvercrest shares have decreased by approximately 22.8% year-to-date, contrasting with the S&P 500's 17.2% gain, and the stock currently holds a Zacks Rank #3 (Hold), indicating expected performance in line with the market.

Industry Context: The Financial - Investment Management industry, to which Silvercrest belongs, ranks in the top 36% of Zacks industries, suggesting that the overall industry outlook could significantly influence Silvercrest's stock performance moving forward.

Business Performance: Silvercrest Asset Management reported a total AUM of $37.6 billion as of September 30, 2025, with discretionary AUM increasing to $24.3 billion, driven by market appreciation and new client accounts despite some net outflows.

Financial Results: The company generated revenue of $31.3 million for the third quarter, a 2.9% increase year-over-year, but net income decreased to $1.1 million, reflecting higher expenses and strategic investments in growth.

Strategic Investments: Silvercrest is focusing on organic client acquisition and has made significant investments in talent and marketing to enhance growth opportunities, particularly in international markets.

Dividends and Share Buyback: The Board declared a quarterly dividend of $0.21 per share and has repurchased approximately $16 million worth of shares as part of a $25 million buyback program, supported by a strong balance sheet.

Mixed Reactions to the "One Big Beautiful Bill": The bill, featuring extensive tax reforms and incentives, is seen by some investors as a shift from monetary stimulus to fiscal policy, focusing on sectors like defense, infrastructure, and technology, while others express skepticism about its transformative potential.

Sector Impacts and Concerns: While industrials and technology are expected to benefit from the bill, clean energy sectors may face challenges due to stricter regulations and reduced benefits, leading to a cautious outlook for investments in solar and wind projects.