11 Best Performing Large Cap Stocks So Far in 2025

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4. Lloyds Banking Group plc (NYSE:LYG)

Market Capitalization: $79.26B

Number of Hedge Fund Holders: 11

Year-To-Date Performance: 40.19% 

Lloyds Banking Group plc (NYSE:LYG) is a UK-based financial services company that provides a range of banking services. The company operates through three main business segments including the Retail, Consumer Banking, and Insurance, Pensions, and Investment Segments.

The bank benefited from the resilient economy of the United Kingdom in the fiscal first quarter of 2025. Lloyds Banking Group plc (NYSE:LYG) reported a statutory profit after tax of £1.1 billion for Q1 2025, reflecting 62% growth over the previous quarter. Moreover, the net income grew 4% year-on-year to £4.39 billion, driven by increases in both net interest income and other income streams. Management noted that it is focusing on digital innovation and new customer solutions to help individuals and businesses manage their finances more effectively.

Lloyds Banking Group plc (NYSE:LYG) has reaffirmed its guidance for the full year, with an underlying net income of £13.5 billion and an operating cost of £9.7 billion. It is one of the best-performing large-cap stocks so far in 2025.

Oakmark Global Fund stated the following regarding Lloyds Banking Group plc (NYSE:LYG) in its Q1 2025 investor letter:

“Lloyds Banking Group plc (NYSE:LYG) was the top contributor during the quarter. The U.K.-headquartered diversified bank’s stock price rose throughout the quarter as it posted fiscal-year 2024 results where net-interest income modestly outperformed consensus expectations. In addition, Lloyds issued fiscal-year 2025 and 2026 guidance forecasting robust net-interest mar gin expansion and announced a 1.7 billion GBP (Great Britain Pound) share buyback. We continue to monitor the Motor Vehicle provision following the onerous appellate court ruling and are optimistic about a favorable ruling from the Supreme Court. In our view, the bank has a strong management team and a balance sheet with high levels of capital, liquidity and reserves which can help it unlock further value.”

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