5 Best Stocks to Buy According to Nelson Peltz’s Trian Partners

3. Invesco Ltd. (NYSE:IVZ)

Trian Partners’ Stake Value: $1,182,320,000

Percentage of Trian Partners’ 13F Portfolio: 15.85%

Number of Hedge Fund Holders: 34

Invesco Ltd. (NYSE:IVZ) is a publicly traded investment firm that caters to retail, institutional, and high-net worth clients, as well as public entities, enterprises, unions, non-profit organizations, endowments, pension funds, and financial institutions. As of Q4 2021, Trian Partners boosted its Invesco Ltd. (NYSE:IVZ) stake by 24%, holding a total of 45.4 million shares, worth $1.18 billion, representing 15.85% of the 13F securities. 

Invesco Ltd. (NYSE:IVZ) reported its fiscal Q1 2022 results on April 26, announcing earnings per share of $0.56, missing estimates by $0.06. The $1.25 billion revenue also fell short of analysts’ predictions by approximately $23 million. 

On April 26, Invesco Ltd. (NYSE:IVZ) declared a $0.1875 per share quarterly dividend, a 10.3% increase from its prior dividend of $0.17. The dividend is payable on June 2, to shareholders of record on May 10. Invesco Ltd. (NYSE:IVZ) delivers a dividend yield of 3.89% as of April 28. 

Deutsche Bank analyst Brian Bedell on April 28 maintained a Buy recommendation on Invesco Ltd. (NYSE:IVZ) but lowered the firm’s price target on the shares to $24 from $26 after it announced “good” Q1 results.

According to Insider Monkey’s Q4 data, 34 hedge funds were bullish on Invesco Ltd. (NYSE:IVZ), compared to 38 funds in the preceding quarter. John Overdeck and David Siegel’s Two Sigma Advisors is a significant shareholder of the company, with 3.4 million shares worth approximately $80 million.