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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.
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