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GlobeNewswire·

Westwood Holdings Group, Inc. Reports Third Quarter 2026 Results

WHG
  • Westwood Holdings Group reported third quarter 2026 earnings with total revenues of $26.6 million, up from $25.3 million in Q2 2026 & $24.3 million in Q3 2025.
  • Net income for the quarter was $3.1 million compared to $1.5 million in Q2 2026 & $3.7 million in Q3 2025.
  • Non-GAAP Economic Earnings totaled $4.4 million, or $0.48 per diluted share, compared to $3.0 million in Q2 2026 & $5.7 million in Q3 2025.
  • The firm launched PWRX, the first new ETF on the Texas Stock Exchange, & its ETF platform assets surpassed $430 million at quarter-end.
  • Firmwide assets under management & advisement reached $17.1 billion, consisting of $16.1 billion in AUM & $1.0 billion in AUA.
  • Investment strategies including Select Equity, Multi-Asset Income, Real Estate Income, & Tactical Growth SMA beat their primary benchmarks.
  • AllCap Value, Select Equity, & Multi-Asset Income posted top quartile rankings vs. peers, while Real Estate Income posted top decile rankings.
  • Westwood closed $30 million in private capital commitments, bringing year-to-date commitments to nearly $200 million.
  • A defined contribution plan was funded with over $450 million in SMidCap investments.
  • The company declared a cash dividend of $0.15 per common share, payable on January 4, 2027, to stockholders of record on December 1, 2026.
  • As of September 30, 2026, Westwood held $65.0 million in cash & investments with stockholders' equity totaling $129.1 million.
  • Quarterly net income growth was driven by higher revenues & unrealized gains on private investments, offset by $1.7 million in one-time severance-related compensation expenses & higher income taxes.
  • Diluted earnings per share were $0.34 for the quarter, compared to $0.17 in Q2 2026 & $0.41 in Q3 2025.