Janus Henderson Group Receives Buy Rating from Bank of America Securities, Price Target at $49.00

Janus Henderson Group (JHG) received a Buy rating from Bank of America Securities' Craig Siegenthaler, with a price target of $49.00. Siegenthaler is a top 100 analyst with an 18.8% average return and 64.01% success rate. JHG's market cap is $6.6B and P/E ratio is 15.94.

Janus Henderson Group Plc (NYSE: JHG), a global asset management firm, reported its second-quarter (Q2) 2025 earnings on July 31, 2025, delivering a significant beat to analyst expectations. The company's adjusted earnings per share (EPS) for the quarter came in at $0.90, surpassing the non-GAAP analyst estimate of $0.84 by 7.2% [1].

The quarter saw a sharp increase in assets under management (AUM) to $457.3 billion, primarily driven by the addition of $46.5 billion in fixed income assets from Guardian Life Insurance. This strategic partnership resulted in net inflows of $46.7 billion, with almost all of it stemming from this mandate. The company's AUM grew by 27% year-over-year as of June 30, 2025 [1].

Janus Henderson's revenue for the quarter totaled $633.2 million, up 7.6% from Q2 2024, and exceeded analyst expectations by $8.8 million (GAAP). However, the company's operating margin (GAAP) declined to 25.9% from 27.9% in Q2 2024, and adjusted operating margin fell from 35.9% to 33.5%. Net income attributable to shareholders (GAAP) climbed to $149.9 million, a 15.6% increase from Q2 2024 [1].

The company's strong performance was reflected in its investment performance, with 72% of total AUM outperforming benchmarks over a one-year period. Fixed income and multi-asset strategies led the way in relative performance, and Morningstar rankings indicated 75% of Janus Henderson mutual fund assets were in the top half for one-year performance as of June 30, 2025 [1].

In response to the strong earnings report, Bank of America Securities' Craig Siegenthaler, a top 100 analyst, upgraded Janus Henderson's rating to a Buy, with a price target of $49.00. Siegenthaler commended the company's strategic growth initiatives and the benefits from the Guardian Life Insurance partnership. JHG's market capitalization stands at $6.6 billion, with a P/E ratio of 15.94 [1].

Investors should monitor Janus Henderson's net inflows, dividend policy, and share buyback pace in the coming quarters. The company aims to maintain cost discipline, support future growth investments, and return capital to shareholders through dividends and buybacks [1].

References:
[1] https://www.nasdaq.com/articles/janus-henderson-jhg-q2-eps-beats-7