Oppenheimer Holdings Inc. Class A (OPY)

Oppenheimer Holdings Inc. declared a special cash dividend of $1.00 per share in December 2025 and a regular dividend of $0.18 per share in February 2026. The company delivered strong quarterly results in Q4 2025, driven by operating leverage and a rebound in capital markets. The stock price has increased by 28.9% since the beginning of the year and by 36.18% over the past 12 months.

Demand for Oppenheimer Holdings Inc.'s products and services exhibits some seasonality, particularly within its capital markets businesses, with the fourth quarter tending to be seasonally strong. The capital markets business is also characterized as a low-visibility business. Commission income in the private client segment may experience fluctuations, and fixed income underwriting activity is anticipated to potentially taper down at certain points.

Oppenheimer Holdings Inc. is a middle-market investment bank and full-service broker-dealer offering retail securities brokerage, institutional sales and trading, and investment banking. The company also provides equity and fixed income research, market-making, trust services, and investment advisory and asset management services. Its segments include Private Client, Asset Management, and Capital Markets.

Oppenheimer Holdings Inc. is headquartered in New York and has 88 to 93 retail branch offices across the United States. The company's institutional businesses are located in London, Tel Aviv, and Hong Kong, with additional offices in the Isle of Jersey, Germany, and Switzerland.

Oppenheimer Holdings Inc. aims to build a brand reputation based on integrity, trust, and loyalty. The company's performance has been strong, exceeding the returns of both the US Capital Markets industry and the broader US Market over the past year. However, corporate governance concerns, weaker profit margins, and reliance on market-driven asset value appreciation may affect its reputation. Adverse publicity related to ESG issues could also negatively impact its reputation.

Oppenheimer Holdings Inc. has 193 institutional owners and shareholders, collectively holding 4,342,595 shares. Major institutional owners include Jb Capital Partners Lp, Dimensional Fund Advisors Lp, and Vanguard Group Inc. Insiders hold 34.25% of the company's stock, while institutions hold 32.26%.