ASX:MQG
Macquarie Group Ltd
Investment Summary
The fund managers believe that Macquarie Group Ltd (MQG) presents a compelling investment opportunity, largely due to its strong leadership and track record of value creation. They emphasize the importance of the company's key divisional personnel, who are instrumental in realizing growth potential. Moreover, the recent increase in MQG's share price, particularly a 7% rise in June 2024 following positive broker EPS upgrades, is viewed favorably. In their opinion, Macquarie is well-positioned to capitalize on periods of energy market volatility, especially amid ongoing geopolitical tensions. Additionally, the fund managers from Ten Cap have increased their exposure based on a promising financial outlook for CY25, driven by factors such as deregulation and positive sentiment in the market. Overall, the consensus highlights a robust investment thesis centered on Macquarie's operational strengths and market resilience.
Commentary From The Managers
Ten Cap
31 Jan 2025
$240.80
- Increased exposure to Macquarie Group Ltd (MQG) over the month
- Driven by an attractive CY25 financial outlook
- Deregulation is contributing to positive expectations
- Improving sentiment among investors, referred to as ‘animal spirits’
- Positive commentary surrounding transaction forecasts
- Underpins a strong earnings and shareholder return outlook
Endeavor Asset Management
30 June 2024
$203.16
- Macquarie's share price increased by 7% in June due to unexpected broker EPS upgrades.
- Endeavor Asset Management continues to hold MQG as they believe it can benefit during elevated energy market volatility.
- Current volatility is influenced by recent events, including potential developments from Hurricane Beryl.
Cooper Investors
31 Mar 2023
$175.66
- Cooper Investors attended Macquarie’s (MQG) three-day investor tour in the US.
- Investors were able to further explore key themes through various presentations and asset tours.
- Exposure to key divisional personnel was crucial in understanding the opportunity set.
- Cooper Investors was impressed with the insights gained during the tour.
- This experience enhanced comfort in the investment thesis, which supports backing expert value creators.
- Macquarie demonstrates an outstanding track-record and leadership in attractive industries.
- Furthermore, Macquarie exhibits a deep culture and capability that reinforces investment confidence.
Please note: The completeness, accuracy or current status of the investments referenced are not guaranteed.