WESTWOOD HLDGS GRP DL-,01

Westwood Holdings CEO Brian Casey praised Dallas's rise as a financial center and the launch of the Texas Stock Exchange as drivers of corporate relocations and listings. Westwood launched the TXSE's first new ETF, the Westwood Salient Enhanced Power & Infrastructure ETF, targeting the energy ecosystem that will power AI and data centers. Casey said the sector faces a roughly 10-year, $600 billion build-out and highlighted infrastructure needs such as grid upgrades and 50 gigawatts of power by 2030 for data centers. » Más en cnbc.com

Westwood Holdings reported Q2 revenue of $25.3 million and net income of $1.5 million ($0.17/share), with non-GAAP economic earnings of $3.0 million ($0.33/share). The firm recorded $1.6 billion in net asset-management outflows concentrated in legacy large-cap value and certain small-cap mandates, while market appreciation added $1.2 billion, leaving firmwide AUM/A at $17.9 billion. Westwood's ETF platform topped $400 million in July, private capital commitments exceeded $500 million, and the company plans to launch the PWRX power-and-infrastructure ETF in September as it targets more than $1 billion in assets for ETFs, private capital and Managed Investment Solutions within a year. The board approved a quarterly cash dividend of $0.15 per share payable Oct. 1. » Más en finance.yahoo.com

Westwood reported revenue of USD 25.0 million in Q1 2026 (up 7.3% y/y) and a net profit of USD 0.8 million, with EPS of USD 0.09 meeting expectations. Annual growth was driven by increased assets under management and gains in ETFs and private energy funds, while missing performance fees and lower AUM versus the prior quarter reduced revenue. Higher compensation expenses led to a marked decline in quarterly profit versus Q4 2025 and weighed on margins, despite economic profit rising to USD 2.8 million. Management plans further expansion of its ETF and private-capital platforms but sees risks from market volatility, rising costs and competitive pressure; the dividend remains at USD 0.15 per share. » Más en de.investing.com