Westwood Holdings Group Reports Fourth Quarter and Full Year 2025 Results

Core Insights - Westwood Holdings Group, Inc. reported significant growth in its ETF platform, surpassing $200 million in assets under management (AUM) and successfully closing its second flagship energy secondaries fund with over $300 million in commitments [1][2] - The Managed Investment Solutions team secured its first institutional client, highlighting the company's commitment to delivering innovative investment solutions [1] - Revenues increased due to strong investor interest in ETFs and private energy secondaries funds, with a notable rise in average AUM [1][3] Financial Performance - For the fourth quarter of 2025, the company reported income of $1.9 million, a decrease from $3.7 million in the third quarter, primarily due to higher performance-related incentive compensation [3][4] - Diluted earnings per share (EPS) for the fourth quarter were $0.21, down from $0.41 in the previous quarter [3][4] - Total revenues for the fourth quarter reached $27.1 million, an increase from $24.3 million in the third quarter and $25.6 million a year ago [7] Yearly Overview - For the fiscal year 2025, net income was $7.1 million, significantly up from $2.2 million in 2024, driven by higher revenues and unrealized appreciation on strategic private investments [5][16] - The diluted EPS for the year was $0.79, compared to $0.26 in 2024 [5][16] - Economic earnings for 2025 were reported at $14.3 million, with an economic EPS of $1.61, compared to $6.9 million and $0.82 in 2024, respectively [5][16] Assets and Equity - As of December 31, 2025, firmwide AUM and assets under advisement totaled $17.4 billion, with $16.5 billion in AUM and $0.9 billion in AUA [2] - The company held $44.1 million in cash and liquid investments, an increase of $4.5 million from the previous quarter [7] - Stockholders' equity totaled $125.6 million as of December 31, 2025, with no debt reported [7][17] Dividends - The company declared a cash dividend of $0.15 per common share, payable on April 1, 2026, to stockholders of record on March 3, 2026 [7]