Voya Investment Management Appoints New Head to Boost Intermediary Business
Voya Investment Management, a leading entity in the financial services industry, has strategically appointed Scott Brady as the head of Intermediary Business Development. This pivotal move is aimed at enhancing Voya's capabilities to expand its intermediary business, leveraging Brady's vast experience to strengthen the company's market position and stimulate growth in its investment management sector. V
oya Financial, trading under the symbol NYSE:VOYA, has garnered positive analyst attention. On October 7, 2025, Morgan Stanley reaffirmed its "Overweight" rating on Voya, with the stock priced at approximately $75.09. This rating reflects confidence in Voya's growth potential and is in line with the company's strategic moves, including Brady's appointment.
Morgan Stanley has also uplifted Voya's price target from $90 to $91, signaling optimism about the company's future performance. The price-to-earnings (P/E) ratio of 13.37 and a price-to-sales ratio of 0.92 suggest that the market values Voya's earnings favorably, presenting an attractive investment opportunity. Voya's financial metrics further underscore its robust position. With an enterprise value to sales ratio of 1.04 and an enterprise value to operating cash flow ratio of 5.94, the company demonstrates strong cash generation capabilities.
An earnings yield of 7.48% offers a compelling return on investment, appealing to value investors. Moreover, a debt-to-equity ratio of 0.45 indicates a moderate level of debt, suggesting a balanced financial structure. The current ratio of 27.17 highlights Voya's strong liquidity, ensuring its ability to meet short-term obligations. These financial strengths are pivotal to Voya's strategic initiatives and its commitment to growth in the investment management sector.
| Symbol | Price | %chg |
|---|---|---|
| BAJAJFINSV.BO | 2074.9 | 0 |
| BAJAJFINSV.NS | 2074 | 0.04 |
| ABCAPITAL.BO | 331.65 | 0 |
| ABCAPITAL.NS | 331.9 | 0 |
Voya Financial Boosts Forward Earnings Outlook with Acquisition of OneAmerica’s Retirement Plan Business
Evercore ISI analysts increased their price target for Voya Financial (NYSE:VOYA) to $82, up from $79, while maintaining an Outperform rating on the stock.
Shares rose more than 5% intra-day today following Voya's announcement of its definitive agreement to acquire OneAmerica Financial's full-service retirement plan business, which is expected to close by January 1, 2025. This acquisition will bring Voya an additional $47 billion in assets from the emerging and middle market full-service sector and $15 billion in recordkeeping assets.
Voya anticipates the deal will generate over $75 million in pretax earnings and more than $200 million in net revenue within the first year following the closure. The company plans to use $200 million from its $400 million excess capital to fund the upfront cost, with no impact on its debt refinancing or capital return plans. The upfront expenses include a $50 million purchase price along with RBC capital and transaction costs. Additionally, there could be a $160 million earnout payable by Q2 2026, bringing the total capital outlay for the acquisition to $360 million.
Voya estimates the unlevered internal rate of return (IRR) on the deal to exceed 30%, which should contribute around 7% to forward earnings—higher than the 5% impact from stock buybacks at current valuations. The analysts view the acquisition as a net positive, seeing it as a financially accretive move that expands Voya’s higher-margin, full-service retirement and fee-based assets under management (AUM), while improving the balance between fee-based and spread-based AUM.
While the analysts did not adjust the 2025 EPS estimates yet, anticipating a larger impact in 2026, they raised the price target to reflect the expected return on capital and earnings growth from the acquisition. The analysts noted there are potential risks from interest rate declines or equity market corrections, but believe OneAmerica's lower-risk portfolio could offer opportunities for repositioning, with the 2026 earnout providing additional protection against any sudden disruptions.
Voya Financial Boosts Forward Earnings Outlook with Acquisition of OneAmerica’s Retirement Plan Business
Evercore ISI analysts increased their price target for Voya Financial (NYSE:VOYA) to $82, up from $79, while maintaining an Outperform rating on the stock.
Shares rose more than 5% intra-day today following Voya's announcement of its definitive agreement to acquire OneAmerica Financial's full-service retirement plan business, which is expected to close by January 1, 2025. This acquisition will bring Voya an additional $47 billion in assets from the emerging and middle market full-service sector and $15 billion in recordkeeping assets.
Voya anticipates the deal will generate over $75 million in pretax earnings and more than $200 million in net revenue within the first year following the closure. The company plans to use $200 million from its $400 million excess capital to fund the upfront cost, with no impact on its debt refinancing or capital return plans. The upfront expenses include a $50 million purchase price along with RBC capital and transaction costs. Additionally, there could be a $160 million earnout payable by Q2 2026, bringing the total capital outlay for the acquisition to $360 million.
Voya estimates the unlevered internal rate of return (IRR) on the deal to exceed 30%, which should contribute around 7% to forward earnings—higher than the 5% impact from stock buybacks at current valuations. The analysts view the acquisition as a net positive, seeing it as a financially accretive move that expands Voya’s higher-margin, full-service retirement and fee-based assets under management (AUM), while improving the balance between fee-based and spread-based AUM.
While the analysts did not adjust the 2025 EPS estimates yet, anticipating a larger impact in 2026, they raised the price target to reflect the expected return on capital and earnings growth from the acquisition. The analysts noted there are potential risks from interest rate declines or equity market corrections, but believe OneAmerica's lower-risk portfolio could offer opportunities for repositioning, with the 2026 earnout providing additional protection against any sudden disruptions.
