Cohen & Steers Inc (NYSE:CNS – Get Free Report) hit a new 52-week high on Thursday . The stock traded as high as $80.56 and last traded at $80.6370, with a volume of 23316 shares changing hands. The stock had previously closed at $78.87.
Trending Headlines about Cohen & Steers
Here are the key news stories impacting Cohen & Steers this week:
- Positive Sentiment: Second-quarter revenue came in at $151.84 million, above the $149.45 million consensus, and grew 12.2% from a year earlier, suggesting solid business momentum. Conference Call Transcript
- Positive Sentiment: The stock also appears to be benefiting from a favorable read-through on improving real estate fund flows, which could support assets under management and fee growth. Cohen & Steers Q2 Rally Reflects Improving Real Estate Flows
- Neutral Sentiment: Management also released the earnings presentation and held its quarterly call, giving investors more detail on strategy and outlook, but no major new corporate action was highlighted in the headlines. Earnings Call Presentation
- Neutral Sentiment: The company’s quarterly results were mixed overall: EPS of $0.85 narrowly missed estimates of $0.86, while profitability remained strong with a 27.60% return on equity and 27.47% net margin. Q2 2026 Results Press Release
Analysts Set New Price Targets
CNS has been the topic of several analyst reports. Zacks Research raised Cohen & Steers from a “strong sell” rating to a “hold” rating in a report on Friday, March 27th. Evercore reaffirmed an “outperform” rating and issued a $84.00 price target on shares of Cohen & Steers in a research note on Friday, July 10th. Finally, Weiss Ratings raised shares of Cohen & Steers from a “hold (c)” rating to a “hold (c+)” rating in a research report on Monday, June 29th. One analyst has rated the stock with a Buy rating, two have assigned a Hold rating and one has issued a Sell rating to the company’s stock. According to MarketBeat, Cohen & Steers presently has an average rating of “Hold” and a consensus target price of $76.00.
Cohen & Steers Stock Up 4.6%
The business’s 50 day moving average is $74.95 and its 200-day moving average is $68.88. The firm has a market capitalization of $4.36 billion, a P/E ratio of 26.02, a PEG ratio of 2.00 and a beta of 1.22.
Cohen & Steers (NYSE:CNS – Get Free Report) last announced its quarterly earnings data on Thursday, July 16th. The asset manager reported $0.85 EPS for the quarter, missing the consensus estimate of $0.86 by ($0.01). Cohen & Steers had a net margin of 28.82% and a return on equity of 28.03%. The firm had revenue of $151.84 million for the quarter, compared to analyst estimates of $149.45 million. During the same quarter in the prior year, the firm earned $0.73 earnings per share. The firm’s revenue for the quarter was up 12.2% on a year-over-year basis. Research analysts forecast that Cohen & Steers Inc will post 3.59 EPS for the current fiscal year.
Cohen & Steers Announces Dividend
The firm also recently declared a quarterly dividend, which was paid on Thursday, May 21st. Stockholders of record on Monday, May 11th were issued a dividend of $0.67 per share. The ex-dividend date of this dividend was Monday, May 11th. This represents a $2.68 dividend on an annualized basis and a dividend yield of 3.2%. Cohen & Steers’s payout ratio is 88.45%.
Insider Buying and Selling at Cohen & Steers
In related news, EVP Daniel Noonan sold 4,360 shares of the firm’s stock in a transaction dated Tuesday, June 16th. The stock was sold at an average price of $77.33, for a total value of $337,158.80. Following the sale, the executive vice president directly owned 28,682 shares of the company’s stock, valued at $2,217,979.06. This trade represents a 13.20% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is available through this link. 45.40% of the stock is currently owned by corporate insiders.
Institutional Investors Weigh In On Cohen & Steers
Hedge funds have recently made changes to their positions in the stock. Wasatch Advisors LP lifted its stake in Cohen & Steers by 15.1% in the 2nd quarter. Wasatch Advisors LP now owns 2,465,698 shares of the asset manager’s stock valued at $185,790,000 after purchasing an additional 323,759 shares during the last quarter. State Street Corp lifted its stake in shares of Cohen & Steers by 1.0% in the 4th quarter. State Street Corp now owns 1,180,611 shares of the asset manager’s stock valued at $74,119,000 after acquiring an additional 12,042 shares during the last quarter. Dimensional Fund Advisors LP boosted its holdings in shares of Cohen & Steers by 4.5% during the 1st quarter. Dimensional Fund Advisors LP now owns 1,174,579 shares of the asset manager’s stock valued at $73,467,000 after acquiring an additional 50,580 shares in the last quarter. Charles Schwab Investment Management Inc. grew its position in Cohen & Steers by 2.8% during the 4th quarter. Charles Schwab Investment Management Inc. now owns 1,131,988 shares of the asset manager’s stock worth $71,066,000 after acquiring an additional 30,884 shares during the last quarter. Finally, Goldman Sachs Group Inc. increased its holdings in Cohen & Steers by 215.6% in the 4th quarter. Goldman Sachs Group Inc. now owns 770,149 shares of the asset manager’s stock worth $48,350,000 after purchasing an additional 526,096 shares in the last quarter. 51.47% of the stock is currently owned by institutional investors and hedge funds.
About Cohen & Steers
Cohen & Steers, Inc is a publicly traded investment management firm specializing in real estate securities and alternative income strategies. Founded in 1986 by Martin Cohen and Robert Steers, the company has built a reputation for expertise in listed real estate investment trusts (REITs) and related equities. Headquartered in New York City, Cohen & Steers applies a research-driven approach to identify value and income opportunities across global property markets.
The firm offers a diverse range of investment products, including mutual funds, closed-end funds, and exchange-traded funds (ETFs).
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