Oppenheimer (OPY)
Combines wealth management with middle-market investment banking and capital-markets services.
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Provides wealth management, investment banking, and capital-markets services for retail and institutional clients. Public Class A shares are non-voting, while all voting Class B shares are held by a company owned by Chairman Albert G. Lowenthal.
Organized into Wealth Management and Capital Markets, its two reportable segments. Across them, the firm provides retail brokerage, trust services, investment advisory and asset management, alongside institutional sales and trading, investment banking, research and market making.
Built from New York brokerage roots and an acquisition-led expansion, the operating firm combines a full-service broker-dealer with a middle-market investment bank serving retail and institutional clients. Cross-firm collaboration between its two segments is an operating emphasis. Public Class A shares are non-voting; all voting Class B shares are held by Phase II Financial, wholly owned by Chairman Albert G. Lowenthal.
Company facts
Target rangeAs of Sep 22, 2026
Latest analyst notes
| Date | Firm | Action | Prior | Current |
|---|---|---|---|---|
| Aug 25, 2026 | Oppenheimer | Initiate | Rating: — | |
| Aug 6, 2026 | Oppenheimer | Target | Target: $180 | Target: $95 |
| Aug 5, 2026 | Oppenheimer | Reiterate | Rating: —Target: $200 | Target: $180 |
| Jul 21, 2026 | Oppenheimer | Initiate | Rating: — | |
| Dec 15, 2025 | Oppenheimer | Target | Target: $57 | Target: $200 |
EPSReportedEstimate
RevenueReportedEstimate
Balance sheet, Jun 30, 2026Cash & short-term investments $38.5M · Total debt $891.7M · Total assets $4.23B · Shareholders' equity $983.4M
- Revenue
- $454.9M
- Operating income
- $59.3M
- Net income
- $27.4M
HistoryDividendAnnual yield
| Institutions | ≈ 41.92% | 4.49M shares | |
|---|---|---|---|
| 127 holders · as of Jun 30, 2026 · largest filers plus last quarter's tail | |||
| Insiders | 7.51% | 804.2K shares | |
| 11 holders · as of May 11, 2026 | |||
| Other | ≈ 50.57% | 5.42M shares | |
| remainder | |||
10.71M company shares as of Sep 22, 2026 · institutions as of Jun 30, 2026 · holders as of their latest filing
This quarter's institutional total failed a plausibility check; shown: the largest filers plus last quarter's remainder.
This company has 2 share classes; every stake here is a share of the whole company.
Top shareholders13F · 13D/G · Form 4
| Holder | Stake | Shares | Date |
|---|---|---|---|
Dimensional Fund Advisors LPInstitution | 4.86% | 520,326 A | as of Jun 30, 2026 |
JB Capital Partners LPInstitution | 4.71% | 503,954 A | as of Jun 30, 2026 |
American Century Companies IncInstitution | 3.66% | 391,977 A | as of Jun 30, 2026 |
Vanguard Capital Management LLCInstitution | 3.59% | 384,352 A | as of Jun 30, 2026 |
Albert G. LowenthalInsiderdirector, 10 percent owner, officer: Chairman | 3.41% | 267,500 A · 97,128 B | filed May 11, 2026 |
Insider tradesForm 4
| Date | Insider | Role | Shares | Avg price |
|---|---|---|---|---|
| Mar 2, 2026 | DENNIS P. McNAMARA | officer: Secretary | −4,673 | $90.67 |
- Raymond James Financial
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- LPL Financial
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- Piper Sandler
Middle-market banking and institutional-trading overlap
- Jefferies Financial Group
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CompareAfter hours
| Company | Price | Change | |||||
|---|---|---|---|---|---|---|---|
| Oppenheimer | $112.94 | −0.01% | $1.26B | 13.5 | — | 0.7 | +21.9% |
| Raymond James Financial | $159.39 | −0.13% | $31.73B | 14.4 | 11.5 | 1.9 | +3.8% |
| Stifel Financial | $73.18 | +0.03% | $11.48B | 8.9 | 10.5 | 1.7 | +13.2% |
| Morgan Stanley | $200.99 | +0.41% | $325.12B | 16.8 | 15.1 | 2.6 | +36.8% |
| LPL Financial | $308.17 | +0.19% | $26.58B | 26.5 | 11.4 | 1.4 | +35.2% |
| Piper Sandler | $72.74 | −0.03% | $4.99B | 17.1 | 14.6 | 2.4 | +22.2% |
| Jefferies Financial Group | $47.39 | −0.02% | $9.73B | 13.4 | 11.8 | 0.8 | −11.5% |
| Median | 15.6 | 11.7 | 1.8 | +17.7% |