Rockefeller Capital Management L.P. Reduces $8M in BGC Group, Inc. ($BGC)

Rockefeller Capital Management has cut its position in BGC Group, Inc. (NasdaqGS: BGC) by 29.6%, according to its latest Form 13F filing with the SEC. The firm sold 686,223 shares, leaving it with 1,630,485 shares valued at approximately $19.3 million as of the reporting period.

What Changed in Rockefeller Capital Management's BGC Group Position

Rockefeller Capital Management reduced its holdings in BGC Group from 2,316,708 shares to 1,630,485 shares, a decrease of 686,223 shares or 29.6%. The remaining shares are valued at around $19.3 million, reflecting a strategic reduction in their investment.

Other Institutional Activity in BGC Group

Several other institutional investors have made notable moves in BGC Group. BlackRock, Inc. added 874,085 shares, bringing its total to 54,598,196 shares valued at approximately $533.97 million. Vanguard Portfolio Management LLC established a new position with 24,544,191 shares worth about $240.04 million. Rubric Capital Management LP increased its stake by 2,300,000 shares, totaling 23,300,000 shares valued at $227.87 million. State Street Corp also added 120,017 shares, holding 14,481,960 shares worth $141.63 million.

BGC Group Stock Snapshot

Shares of BGC Group, Inc. (NasdaqGS: BGC) traded near $11.84. The company has a market capitalization of $5.67 billion and a P/E ratio of 32.0. Its beta is 0.947, indicating moderate volatility. The stock's 52-week range is between $8.27 and $12.09, with a 50-day moving average of $11.146 and a 200-day moving average of $9.7216.

Recent Earnings

BGC Group reported revenue of approximately $3.1 billion, with a revenue growth of 44.3%. The company achieved a net margin of 5.9% and a return on equity of 14.6%. Earnings per share stood at $0.37. The next earnings report is expected on July 30, 2026.

Dividend

BGC Group offers a dividend with an annual rate of $0.08, yielding 0.68%. The dividend payout ratio is 21.62%, allowing the company to maintain a conservative payout while supporting growth.

Insider Buying and Selling at BGC Group, Inc.

Recent insider activity at BGC Group includes sales by Co-CEOs Jean-Pierre Aubin and John Abularrage. On March 15, 2026, Aubin sold 14,392 shares at an average price of $9.57, while Abularrage sold 41,516 shares at the same price. Earlier in the year, COO and Co-CEO Sean Windeatt sold 246,360 shares on January 22, 2026, at $9.17 per share.

Analysts Set New Price Targets

Analysts remain optimistic about BGC Group's prospects. On April 8, 2025, Piper Sandler maintained its buy rating with a $14.00 price target. B of A Securities also maintained a buy rating on April 2, 2025, setting a target price of $15.00. The consensus target mean price is $15.50, with two analysts providing opinions.

About BGC Group

BGC Group, Inc. is a financial brokerage and technology firm headquartered in New York, NY. The company operates globally, providing a range of services including brokerage for government and corporate bonds, derivatives, and foreign exchange. It also offers financial technology solutions and market data services. Founded in 1945, BGC Group serves a diverse clientele, including banks, hedge funds, and corporations.

Bottom Line

Rockefeller Capital Management's decision to reduce its stake in BGC Group by nearly 30% is a strategic move reflected in its latest 13F filing. Investors often track these filings to gauge institutional sentiment, though it's important to remember that 13F filings are backward-looking and may not represent current positions. BGC Group remains a significant player in the financial services sector, with ongoing institutional interest and positive analyst outlooks.