Janus Henderson Beats Q1, Raises Dividend, Buyback

Janus Henderson Group reported strong first quarter 2025 results, with adjusted earnings per share of $0.79, exceeding analyst expectations. Revenue rose 13% year-over-year to $621.4 million, and the firm achieved net inflows of $2.0 billion, reversing net outflows from the previous year. Assets under management increased to $373.2 billion, buoyed by a strategic partnership with Guardian Life Insurance involving a $45 billion mandate. The operating margin expanded to 32.2%, reflecting improved profitability. Additionally, the company announced a 3% dividend increase and launched a $200 million share repurchase program. Despite these positive developments, Janus Henderson's stock has underperformed the broader market in 2025, with investor focus remaining on management's outlook and future earnings estimates.