Invesco (NYSE:IVZ) Stock Unloaded Rep. Robert Bresnahan, Jr.

Representative Robert Bresnahan, Jr. (R-Pennsylvania) recently sold shares of Invesco Ltd. (NYSE:IVZ). In a filing disclosed on April 28th, the Representative disclosed that they had sold between $1,001 and $15,000 in Invesco stock on April 8th. The trade occurred in the Representative’s “JP MORGAN BROKERAGE ACCOUNT” account.

Representative Robert Bresnahan, Jr. also recently made the following trade(s):

• Sold $1,001 – $15,000 in shares of DexCom (NASDAQ:DXCM) on 4/8/2025.
• Sold $1,001 – $15,000 in shares of Generac (NYSE:GNRC) on 4/8/2025.
• Sold $15,001 – $50,000 in shares of Occidental Petroleum (NYSE:OXY) on 4/8/2025.
• Sold $15,001 – $50,000 in shares of Pfizer (NYSE:PFE) on 4/8/2025.
• Sold $1,001 – $15,000 in shares of QUALCOMM (NASDAQ:QCOM) on 4/8/2025.
• Sold $1,001 – $15,000 in shares of Best Buy (NYSE:BBY) on 4/8/2025.
• Sold $1,001 – $15,000 in shares of EOG Resources (NYSE:EOG) on 4/8/2025.
• Sold $1,001 – $15,000 in shares of CSX (NASDAQ:CSX) on 4/8/2025.
• Sold $1,001 – $15,000 in shares of Valero Energy (NYSE:VLO) on 4/8/2025.
• Sold $15,001 – $50,000 in shares of Accenture (NYSE:ACN) on 4/8/2025.

Invesco Stock Performance

NYSE IVZ opened at $13.98 on Wednesday. The company has a debt-to-equity ratio of 0.49, a current ratio of 4.91 and a quick ratio of 4.91. The business has a 50 day moving average price of $14.75 and a 200 day moving average price of $16.79. The company has a market capitalization of $6.26 billion, a P/E ratio of 11.84, a PEG ratio of 0.98 and a beta of 1.26. Invesco Ltd. has a 1-year low of $11.60 and a 1-year high of $19.55.

Invesco (NYSE:IVZ) last released its quarterly earnings results on Tuesday, April 22nd. The asset manager reported $0.44 earnings per share for the quarter, topping the consensus estimate of $0.39 by $0.05. The company had revenue of $1.11 billion during the quarter, compared to the consensus estimate of $1.11 billion. Invesco had a return on equity of 8.18% and a net margin of 12.77%. During the same quarter last year, the business posted $0.33 earnings per share. Sell-side analysts expect that Invesco Ltd. will post 1.87 EPS for the current fiscal year.

Invesco Increases Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Tuesday, June 3rd. Investors of record on Wednesday, May 14th will be paid a $0.21 dividend. This is an increase from Invesco’s previous quarterly dividend of $0.21. This represents a $0.84 annualized dividend and a yield of 6.01%. The ex-dividend date is Wednesday, May 14th. Invesco’s dividend payout ratio (DPR) is presently 67.20%.

Institutional Inflows and Outflows

Several hedge funds have recently bought and sold shares of the business. JPMorgan Chase & Co. grew its position in Invesco by 17.1% in the fourth quarter. JPMorgan Chase & Co. now owns 1,285,609 shares of the asset manager’s stock valued at $22,472,000 after acquiring an additional 188,041 shares in the last quarter. Bank of New York Mellon Corp grew its position in Invesco by 4.5% in the fourth quarter. Bank of New York Mellon Corp now owns 2,613,488 shares of the asset manager’s stock valued at $45,684,000 after acquiring an additional 113,451 shares in the last quarter. Proficio Capital Partners LLC acquired a new stake in Invesco in the fourth quarter valued at approximately $735,000. Connor Clark & Lunn Investment Management Ltd. acquired a new stake in Invesco in the fourth quarter valued at approximately $424,000. Finally, Mirae Asset Global Investments Co. Ltd. grew its position in Invesco by 41.9% in the fourth quarter. Mirae Asset Global Investments Co. Ltd. now owns 49,065 shares of the asset manager’s stock valued at $867,000 after acquiring an additional 14,489 shares in the last quarter. Hedge funds and other institutional investors own 66.09% of the company’s stock.

Analysts Set New Price Targets

Several research firms have weighed in on IVZ. Bank of America dropped their price target on Invesco from $19.00 to $18.00 and set a “neutral” rating for the company in a research report on Thursday, April 3rd. The Goldman Sachs Group increased their price objective on shares of Invesco from $15.00 to $15.25 and gave the stock a “neutral” rating in a report on Wednesday, April 23rd. BMO Capital Markets increased their price objective on shares of Invesco from $19.00 to $21.00 and gave the stock a “market perform” rating in a report on Wednesday, January 29th. Royal Bank of Canada assumed coverage on shares of Invesco in a report on Tuesday, January 28th. They set a “sector perform” rating and a $19.00 price objective on the stock. Finally, Morgan Stanley cut their price objective on shares of Invesco from $16.00 to $15.00 and set an “equal weight” rating on the stock in a report on Thursday, April 17th. One investment analyst has rated the stock with a sell rating, fourteen have given a hold rating and one has assigned a buy rating to the company’s stock. According to MarketBeat, Invesco has a consensus rating of “Hold” and a consensus target price of $17.25.

About Representative Bresnahan

Rob Bresnahan Jr. (Republican Party) is a member of the U.S. House, representing Pennsylvania’s 8th Congressional District. He assumed office on January 3, 2025. His current term ends on January 3, 2027.

Bresnahan (Republican Party) is running for re-election to the U.S. House to represent Pennsylvania’s 8th Congressional District. He declared candidacy for the 2026 election.

Rob Bresnahan Jr. was born in Kingston, Pennsylvania. He earned a B.S. in business administration, management and operations from the University of Scranton in 2012. His career experience includes working as the chief financial officer and CEO of a family business, an electrical contracting company.

Invesco Company Profile

Invesco Ltd. is a publicly owned investment manager. The firm provides its services to retail clients, institutional clients, high-net worth clients, public entities, corporations, unions, non-profit organizations, endowments, foundations, pension funds, financial institutions, and sovereign wealth funds.