GREENWICH - GAMCO reports $33.3 billion in assets under management

Published 01/07/2025, 21:34
GREENWICH - GAMCO reports $33.3 billion in assets under management

GREENWICH - GAMCO Investors, Inc. (OTCQX:GAMI) reported assets under management (AUM) of $33.3 billion as of June 30, 2025, an increase from $30.7 billion a year earlier, according to a press release statement issued Tuesday. The company, currently trading at an attractive P/E ratio of 8.39x, appears undervalued according to InvestingPro analysis.

The investment management firm expects to report second quarter 2025 diluted earnings between $0.89 and $0.94 per share, compared to $0.61 per share for the same period in 2024.

The results include the recently acquired Keeley investment management services business, purchased from Teton Advisors, Inc. (OTC Pink:TETAA) on May 1, 2025. The Keeley acquisition added four mutual funds and approximately 500 separately managed accounts with AUM of nearly $1.0 billion.

GAMCO plans to provide further details when it releases its complete financial results in early August.

Established in 1977, GAMCO provides investment advisory services to 27 open-end funds, 13 United States closed-end funds, one United Kingdom limited investment company, five actively managed exchange traded funds, one société d’investissement à capital variable, and approximately 1,900 institutional and private wealth management investors.

The company’s revenue is primarily based on the levels of assets under management and fees associated with its various investment products.

This article was generated with the support of AI and reviewed by an editor. For more information see our T&C.

Latest comments

Risk Disclosure: Trading in financial instruments and/or cryptocurrencies involves high risks including the risk of losing some, or all, of your investment amount, and may not be suitable for all investors. Prices of cryptocurrencies are extremely volatile and may be affected by external factors such as financial, regulatory or political events. Trading on margin increases the financial risks.
Before deciding to trade in financial instrument or cryptocurrencies you should be fully informed of the risks and costs associated with trading the financial markets, carefully consider your investment objectives, level of experience, and risk appetite, and seek professional advice where needed.
Fusion Media would like to remind you that the data contained in this website is not necessarily real-time nor accurate. The data and prices on the website are not necessarily provided by any market or exchange, but may be provided by market makers, and so prices may not be accurate and may differ from the actual price at any given market, meaning prices are indicative and not appropriate for trading purposes. Fusion Media and any provider of the data contained in this website will not accept liability for any loss or damage as a result of your trading, or your reliance on the information contained within this website.
It is prohibited to use, store, reproduce, display, modify, transmit or distribute the data contained in this website without the explicit prior written permission of Fusion Media and/or the data provider. All intellectual property rights are reserved by the providers and/or the exchange providing the data contained in this website.
Fusion Media may be compensated by the advertisers that appear on the website, based on your interaction with the advertisements or advertisers
© 2007-2025 - Fusion Media Limited. All Rights Reserved.