Piper Sandler cuts Virtus Investment Partners stock target to USD 146

Published on 10/20/2026 at 14:19 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Virtus reports USD 141.4 billion AUM on September 30, 2026. Virtus Investment Partners stock costs EUR 105.00 at Lang & Schwarz on October 20, 2026.

Assets and dates shape the setup

Virtus reported USD 141.4 billion in assets under management on September 30, 2026.
Piper Sandler cut its target from USD 172.00 to USD 146.00 on October 19, 2026.
Virtus Investment Partners stock traded at EUR 105.00 at 2:08 p.m. CEST at Lang & Schwarz on October 20, 2026.

VRTS, US92828Q1094, Illustration mit AI erstellt.

Virtus Investment Partners (US92828Q1094) is heading into its next results announcement after Piper Sandler cut its price target from USD 172.00 to USD 146.00 on October 19, 2026. The stock was trading at EUR 105.00 at Lang & Schwarz on October 20, 2026 at 2:08 p.m. CEST.

Target cut raises the earnings stakes

According to MarketBeat, Piper Sandler kept an overweight rating while reducing its target to USD 146.00 from USD 172.00. The same report said the analyst consensus was Reduce with an average target of USD 129.75, based on one Buy, one Hold and three Sell ratings.

The lower target arrives before the company reports third-quarter results. Virtus disclosed preliminary assets under management of USD 141.4 billion as of September 30, 2026, down from USD 152.2 billion at June 30, 2026. It also reported that a USD 7.0 billion institutional subadvisory mandate will terminate in October.

What does the AUM change mean?

The latest operating data point to a mixed setup for fee income. Virtus Investment Partners said average AUM for the quarter was USD 149.5 billion and other fee-earning assets totaled USD 1.6 billion. The company said the mandate termination should have a smaller revenue effect than the corresponding AUM reduction because it carries lower fees.

Three recent milestones

On July 30, 2026, MarketWatch reported Virtus second-quarter GAAP revenue of USD 201.4 million and diluted earnings per share of USD 6.68 for the quarter ended June 30, 2026. On October 13, 2026, Virtus reported USD 141.4 billion in preliminary September-end AUM. On October 19, 2026, Piper Sandler reduced its target to USD 146.00.

Results arrive October 30

Virtus Investment Partners said it will release third-quarter 2026 results before the market opens on October 30, 2026, followed by a conference call at 10:00 a.m. Eastern Time. That report will show whether fee revenue held up after the AUM decline and the announced mandate termination.

Stock price and investor context

MarketBeat cited a USD 791.4 million market capitalization and a twelve-month USD 120.18 to USD 185.94 trading range on October 19, 2026. Those figures describe the NYSE-listed company in its home currency, while German investors are watching the euro quotation separately.

Virtus Investment Partners stock was trading at EUR 105.00 at Lang & Schwarz on October 20, 2026 at 2:08 p.m. CEST. The next company milestone is the third-quarter report scheduled for October 30, 2026. The further course of trading is shown by the continuously updated real-time quote of Virtus Investment Partners stock.