Oppenheimer (NYSE:OPY) Upgraded by Wall Street Zen to Buy Rating

Wall Street Zen upgraded shares of Oppenheimer (NYSE:OPY) from a hold rating to a buy rating in a report issued on Saturday morning.

Separately, Weiss Ratings upgraded shares of Oppenheimer from a “hold (c+)” rating to a “buy (b-)” rating in a research note on Tuesday. Two research analysts have rated the stock with a Buy rating, According to MarketBeat, Oppenheimer currently has an average rating of “Buy”.

Oppenheimer Stock Performance

Oppenheimer stock opened at $106.52 on Friday. The stock has a market cap of $1.14 billion, a PE ratio of 12.02 and a beta of 1.07. Oppenheimer has a one year low of $63.81 and a one year high of $123.24. The stock has a fifty day moving average of $106.17 and a 200 day moving average of $96.55.

Oppenheimer (NYSE:OPY) last announced its earnings results on Friday, July 31st. The financial services provider reported $3.98 earnings per share (EPS) for the quarter. Oppenheimer had a return on equity of 17.49% and a net margin of 5.66%.The business had revenue of $454.88 million for the quarter.

Oppenheimer Dividend Announcement

The business also recently announced a quarterly dividend, which will be paid on Friday, August 28th. Investors of record on Friday, August 14th will be given a dividend of $0.20 per share. The ex-dividend date is Friday, August 14th. This represents a $0.80 annualized dividend and a yield of 0.8%. Oppenheimer’s payout ratio is 9.54%.

Institutional Trading of Oppenheimer

A number of hedge funds and other institutional investors have recently bought and sold shares of the stock. Goldman Sachs Group Inc. raised its stake in shares of Oppenheimer by 39.2% in the first quarter. Goldman Sachs Group Inc. now owns 8,154 shares of the financial services provider’s stock worth $486,000 after buying an additional 2,296 shares during the period. Caxton Associates LLP bought a new position in shares of Oppenheimer during the 1st quarter valued at approximately $206,000. Empowered Funds LLC grew its stake in shares of Oppenheimer by 5.3% during the 1st quarter. Empowered Funds LLC now owns 36,347 shares of the financial services provider’s stock valued at $2,167,000 after acquiring an additional 1,836 shares during the period. Geode Capital Management LLC increased its holdings in Oppenheimer by 0.3% in the 2nd quarter. Geode Capital Management LLC now owns 67,885 shares of the financial services provider’s stock worth $4,467,000 after acquiring an additional 214 shares in the last quarter. Finally, JPMorgan Chase & Co. increased its holdings in Oppenheimer by 146.4% in the 2nd quarter. JPMorgan Chase & Co. now owns 44,842 shares of the financial services provider’s stock worth $2,949,000 after acquiring an additional 26,643 shares in the last quarter. Hedge funds and other institutional investors own 32.26% of the company’s stock.

More Oppenheimer News

Here are the key news stories impacting Oppenheimer this week:

• Positive Sentiment: Strong quarterly growth: Second-quarter revenue rose 21.9% year over year to $454.9 million, while net income increased to $27.4 million from $21.7 million. Wealth Management revenue reached $272.7 million, Capital Markets revenue rose to $179.2 million, and assets under management hit a record $59.4 billion. Oppenheimer Holdings Inc. Reports Second Quarter 2026 Earnings
• Positive Sentiment: Analyst and research support: Wall Street Zen upgraded OPY to “Buy,” while a Seeking Alpha analysis identified Oppenheimer as a preferred pick within the relatively unpopular financial-services sector, potentially supporting sentiment among value-oriented investors. Wall Street Zen Upgrades Oppenheimer to Buy Oppenheimer Holdings: Our Preferred Pick in a Less Preferred Sector
• Neutral Sentiment: Dividend maintained: The board declared a quarterly dividend of $0.20 per share, payable August 28 to shareholders of record August 14. The approximately 0.8% yield provides modest shareholder support but is unlikely to be a major near-term catalyst. Oppenheimer dividend announcement
• Negative Sentiment: Compensation expense weighs on results: Oppenheimer recorded a $24.9 million pretax expense tied to an employee compensation program linked to its share price. The release reported diluted EPS of $2.38, while another market report cited $3.98 EPS, creating uncertainty over the applicable earnings measure and potentially limiting the market’s reaction to the revenue growth. Oppenheimer Q2 Revenue Rises 22%
• Negative Sentiment: Insider selling: Secretary Dennis P. McNamara sold 4,673 shares for an estimated $423,700. A single insider sale is not conclusive, but it may add modest pressure to sentiment.

Oppenheimer Company Profile

Oppenheimer & Co Inc is a full-service investment bank and wealth management firm headquartered in New York City. Founded in the mid-20th century, the company provides a broad array of financial services to individual, institutional and corporate clients. Its core competencies include equity and fixed-income research, institutional sales and trading, underwriting and merger-and-acquisition advisory.

In the wealth management segment, Oppenheimer offers tailored investment solutions, comprehensive financial planning and retirement strategies.