OPY stock icon

Oppenheimer Holdings

64.19 USD
-1.16
1.78%
At close Dec 5, 4:00 PM EST
1 day
-1.78%
5 days
2.20%
1 month
8.32%
3 months
24.76%
6 months
38.67%
Year to date
55.39%
1 year
57.37%
5 years
131.15%
10 years
171.65%
 

About: Oppenheimer Holdings Inc conducts activities in the securities industry. The company is involved in retail securities brokerage, investment banking (both corporate and public finance), institutional sales and trading, market-making, research, trust services, and investment advisory and asset management services. The company has three segments: private client, asset management, and capital markets. The Private Client segment, commissions and a proportionate amount of fee income earned on assets under management ("AUM"), net interest earnings on client margin loans and cash balances, fees from money market funds, and custodian fees. The company generates the majority of its revenue from the Americas, with the rest from Europe, the Middle East, and Asia.

Employees: 2,992

0
Funds holding %
of 6,790 funds
Analysts bullish %

Fund manager confidence

Based on 2024 Q3 regulatory filings by fund managers ($100M+ AUM)

35,820% more call options, than puts

Call options by funds: $1.8M | Put options by funds: $5K

82% more first-time investments, than exits

New positions opened: 20 | Existing positions closed: 11

14% more repeat investments, than reductions

Existing positions increased: 25 | Existing positions reduced: 22

11% more funds holding

Funds holding: 79 [Q2] → 88 (+9) [Q3]

11% more capital invested

Capital invested by funds: $168M [Q2] → $186M (+$18M) [Q3]

1.32% more ownership

Funds ownership: 34.28% [Q2] → 35.59% (+1.32%) [Q3]

0% more funds holding in top 10

Funds holding in top 10: 1 [Q2] → 1 (+0) [Q3]

Research analyst outlook

We haven’t received any recent analyst ratings for OPY.

Financial journalist opinion

Based on 3 articles about OPY published over the past 30 days

Neutral
PRNewsWire
1 day ago
Craig Schneider Joins Oppenheimer As Regional Director of Michigan
Wealth Management Veteran Brings Over 25 Years of Industry Experience Appointment Builds on Firm's Momentum Created by Recent Appointments to Strengthen its Presence in Virginia, Georgia, Tennessee and Texas   NEW YORK , Dec. 4, 2024 /PRNewswire/ -- Oppenheimer & Co. Inc. (Oppenheimer), a leading investment bank and wealth manager and a subsidiary of Oppenheimer Holdings (NYSE: OPY), today announced the appointment of Craig Schneider as Regional Director of its Michigan Region. Schneider will lead day-to-day operations for the firm's wealth management business in the state and report to Ed Harrington, Executive Vice President of Oppenheimer's Private Client Division.
Craig Schneider Joins Oppenheimer As Regional Director of Michigan
Neutral
PRNewsWire
3 weeks ago
Pontera and Oppenheimer partner to empower holistic wealth management that incorporates clients' 401(k)s
Top 10 U.S. broker-dealer will leverage Pontera's secure platform to manage workplace retirement accounts and help clients optimize their returns NEW YORK , Nov. 14, 2024 /PRNewswire/ -- Pontera™, the fintech company helping retirement savers receive professional 401(k) account management from their trusted financial advisor, today announced a partnership with Oppenheimer & Co., Inc., a premier U.S. wealth management and investment banking firm. Pontera, a fintech on a mission to help Americans retire better, has partnered with Oppenheimer, a top 10 US brokerage.
Pontera and Oppenheimer partner to empower holistic wealth management that incorporates clients' 401(k)s
Neutral
PRNewsWire
3 weeks ago
Oppenheimer Concludes 20th Annual Professionals Alliance Group (PAG) Conference
Event Gathered CPAs and Other Trusted Industry Professionals with Select Group of Oppenheimer Advisors, Investment Managers and Senior Leadership to Collaborate on Strategies to Deliver Enhanced Client Service PAG Referral and Partnership Program Model Enables Accounting Firms and Others to Access Oppenheimer's Wealth Management, Capital Markets, and Investment Banking Capabilities NEW YORK , Nov. 13, 2024 /PRNewswire/ -- Oppenheimer & Co. Inc. (Oppenheimer) — a leading wealth management and investment banking firm, and subsidiary of Oppenheimer Holdings (NYSE: OPY) — today announced the completion of its 20th annual Professionals Alliance Group (PAG) Conference. The event, held November 12-13 at the firm's New York headquarters, brought together a select group of Oppenheimer's financial advisors, investment managers and senior leadership with Certified Public Accounting firms and other trusted industry partners to discuss macro trends and strategies to best serve clients.
Oppenheimer Concludes 20th Annual Professionals Alliance Group (PAG) Conference
Positive
Seeking Alpha
1 month ago
Oppenheimer Holdings: Mid-Market Prevailing In Capital Markets, Solid All Around
Oppenheimer's earnings report show strength in mid-market capital markets franchise as well as solid growth in the rest of its AUM and commission based businesses. Risk taking in public markets has driven the bulk of the company's performance, and capital markets did well despite the lack of major PE activity. OPY looks attractive in terms of valuation, with forward multiples below 10x, making it cheaper compared to peers like Lazard, which trades at around 20x.
Oppenheimer Holdings: Mid-Market Prevailing In Capital Markets, Solid All Around
Neutral
PRNewsWire
1 month ago
Oppenheimer Holdings Inc. Reports Third Quarter 2024 Earnings
NEW YORK , Oct. 25, 2024 /PRNewswire/ - Oppenheimer Holdings Inc. (NYSE: OPY) (the "Company" or "Firm") today reported net income of $24.5 million or $2.38 basic earnings per share for the third quarter of 2024, compared with net income of $13.9 million or $1.32 basic earnings per share for the third quarter of 2023. Revenue for the third quarter of 2024 was $373.4 million, an increase of 19.4%, compared to revenue of $312.7 million for the third quarter of 2023.
Oppenheimer Holdings Inc. Reports Third Quarter 2024 Earnings
Neutral
PRNewsWire
1 month ago
Oppenheimer Hires Christian Baetz As Managing Director, Consumer Investment Banking
NEW YORK , Oct. 15, 2024 /PRNewswire/ -- Oppenheimer & Co. Inc. (Oppenheimer) — a leading investment bank, wealth manager and a subsidiary of Oppenheimer Holdings (NYSE: OPY) — announced today that Christian Baetz joined the firm as a Managing Director in the firm's Consumer Investment Banking Group. He will be based out of Oppenheimer's New York office and report to Michael Cella, Managing Director and Group Head of U.S. Consumer Investment Banking.
Oppenheimer Hires Christian Baetz As Managing Director, Consumer Investment Banking
Neutral
PRNewsWire
2 months ago
Oppenheimer Names Todd Wiggins Regional Director of Dallas-Fort Worth Region
Industry Veteran to Bring His Experience Leading, Attracting, and Retaining Advisors to His New Location NEW YORK , Oct. 1, 2024 /PRNewswire/ -- Oppenheimer & Co. Inc. ("Oppenheimer") – a leading wealth manager, investment bank, and a subsidiary of Oppenheimer Holdings (NYSE: OPY) – today announced that Todd Wiggins has been named the Regional Director of its Dallas-Fort Worth Region. Wiggins joined Oppenheimer in 2016 and has served as Managing Director of Investments and Branch Manager in the firm's Atlanta office.
Oppenheimer Names Todd Wiggins Regional Director of Dallas-Fort Worth Region
Neutral
PRNewsWire
2 months ago
Oppenheimer Expands Presence in Tennessee with the Opening of its Memphis Office
Latest Move into Tennessee Builds on Firm's Momentum Following the Opening of Its Nashville Office in 2022 NEW YORK , Sept. 23, 2024 /PRNewswire/ -- Oppenheimer & Co. Inc. (Oppenheimer) — a leading investment bank, wealth manager, and a subsidiary of Oppenheimer Holdings (NYSE: OPY) — today announced the opening of its new office in Memphis, Tennessee, along with the recruitment of Alan Richmond, Executive Director – Investments, and Clayton Ellis, Director – Investments.
Oppenheimer Expands Presence in Tennessee with the Opening of its Memphis Office
Neutral
PRNewsWire
2 months ago
OPPENHEIMER HOLDINGS INC. ANNOUNCES REDEMPTION OF $113 MILLION OF 5.50% SENIOR SECURED NOTES DUE 2025
NEW YORK , Sept. 19, 2024 /PRNewswire/ - Oppenheimer Holdings Inc. (the "Company" or "Oppenheimer") today announced that it has delivered to the holders of its 5.50% Senior Secured Notes due 2025 (the "Notes"), a notice of redemption, notifying such holders of the Company's intent to redeem on October 10, 2024 (the "Redemption Date") $113,050,000 aggregate principal amount of the outstanding Notes at a redemption price equal to 100.00% of the principal amount of the Notes to be redeemed, plus accrued and unpaid interest thereon to the Redemption Date.
OPPENHEIMER HOLDINGS INC. ANNOUNCES REDEMPTION OF $113 MILLION OF 5.50% SENIOR SECURED NOTES DUE 2025
Neutral
PRNewsWire
2 months ago
Oppenheimer Names Aaron Stowell Managing Director and Branch Manager of Atlanta Office
Longtime financial services veteran assumes role after serving in similar position for 17 years NEW YORK , Sept. 10, 2024 /PRNewswire/ -- Oppenheimer & Co. Inc. ("Oppenheimer") – a leading wealth manager, investment bank, and a subsidiary of Oppenheimer Holdings (NYSE: OPY) – today announced that Aaron Stowell has been named Branch Manager of its Atlanta office, where he will lead the day-to-day operations of the firm's wealth management business in the city.
Oppenheimer Names Aaron Stowell Managing Director and Branch Manager of Atlanta Office
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