$VOYA

StepStone Group (STEP) reported Q2 revenue of $300.6M, up 26.6% YoY but missing estimates. Cohen & Steers (CNS) reported $152.7M revenue, up 12.2% YoY, beating estimates. Voya Financial (VOYA) reported $1.88B revenue, flat YoY, missing EPS estimates. All stocks traded mixed post-results.

Voya Financial (VOYA) reported Q2 2026 results with net income falling to $90M from $162M YoY. Adjusted operating earnings dropped to $140M from $240M. Retirement business grew, with client assets reaching $863B, up 14% YoY. Investment Management saw a 12% rise in pre-tax earnings. Employee Benefits improved underwriting, with loss ratio at 74%. The company returned $200M to shareholders via dividends and buybacks.

Voya Financial (VOYA) reported Q2 2026 adjusted operating earnings below expectations due to weaker alternative investments and severance costs. Management outlined efficiency initiatives for margin improvement in 2026. Institutional investor Empowered Funds LLC acquired a 56,980-share position. The company maintained a quarterly dividend of $0.47 per share. Voya projects $8.5 billion revenue and $1.1 billion earnings by 2029, requiring 1.3% yearly revenue growth and a $0.5 billion earnings incr

TOMS Capital Investment Management (TCIM), holding 4.47% of Voya Financial, has scheduled a shareholder vote to express no confidence in Voya's board and management. TCIM is spending $5 million on the campaign, with most of its position in call options. Voya has called the move manipulative and deceptive. Voya's stock closed at $101.32, with a market cap near $9.2 billion. TCIM's campaign costs about $1 per share, and the fund has spent $2 million so far. Voya trades at a discount to peers, with

StepStone Group (STEP) reported Q2 revenues of $300.6M, up 26.6% YoY but missing estimates by 3.9%. Hamilton Lane (HLNE) outperformed with $275.3M revenues, up 56.5% YoY, beating estimates by 21%. Voya Financial (VOYA) reported flat revenues at $1.88B, missing EPS estimates. Federated Hermes (FHI) and WisdomTree (WT) also reported strong results, with revenues up 18.3% and 57.3% YoY, respectively. Custody bank stocks as a group saw 3.2% revenue growth and 5.6% share price increase since earnings

Franklin Resources (BEN) reported Q2 revenue of $2.36B, up 14.3% YoY, beating estimates. Hamilton Lane (HLNE) saw 56.5% revenue growth, outperforming expectations. StepStone Group (STEP) missed estimates with 26.6% revenue growth. Voya Financial (VOYA) reported flat revenue, missing EPS estimates. Federated Hermes (FHI) beat expectations with 18.3% revenue growth. Custody bank stocks averaged 5.9% share price increase post-earnings.

Voya Financial (VOYA) won a retirement mandate from the District of Columbia. Its stock has risen 34.31% year-to-date. Analysts' price targets range from $85 to $125, with a consensus of $105.83. The company's P/E ratio is 16.1x, slightly below the industry average. Investors should consider fee compression and acquisition risks.

Ridgepost Capital (NYSE:RPC) reported Q2 revenues of $81.28M, up 11.5% YoY, exceeding estimates by 3.6%. The stock is down 2.3% since reporting. Hamilton Lane (NASDAQ:HLNE) saw revenues of $275.3M, up 56.5% YoY, beating estimates by 21%, with the stock up 12.4%. StepStone Group (NASDAQ:STEP) reported $300.6M in revenues, up 26.6% YoY, missing estimates by 3.9%, with the stock down 1.1%. SEI Investments (NASDAQ:SEIC) reported $641.6M in revenues, up 14.7% YoY, beating estimates by 0.7%, with the

Voya Financial (VOYA) has been chosen as the service provider for D.C.'s 401(a) and 457(b) retirement plans, managing $4.3B in assets. This adds to $35B in public-sector assets onboarded since early 2025. The win may influence Voya's investment narrative, but challenges like fee pressure and integration risks remain. Voya projects $8.5B revenue and $1.1B earnings by 2029, a 7% upside from the current price.

Voya Financial (VOYA) CTO Santhosh Keshavan sold 35,587 shares on August 21, 2026, at an average price of $98.07 per share under a Rule 10b5-1 trading plan. Keshavan still holds equity awards including restricted stock units, performance stock units, and performance-based stock options.