STEPSTONE GROUP INC CLASS A (STEP)
Financials · Asset Management · NASDAQ
StepStone Group is a global private markets specialist providing institutional-grade, customized investment solutions, data, and advisory services across private equity, debt, real estate, and infrastructure.
What STEPSTONE GROUP INC CLASS A does
StepStone Group is a global private markets investment firm that provides customized investment solutions, advisory, and data services. The company manages portfolios across private equity, infrastructure, private debt, and real estate for institutional investors, including pension funds, sovereign wealth funds, and insurance companies, as well as high-net-worth and mass-affluent individuals.
Themes: private markets investment solutions, private equity, private debt, infrastructure investment, real estate investment, investment data and analytics platforms, wealth management/private wealth solutions
Fundamentals
- Price$49.99 as of 2026-08-21 close
- Market cap$6.2B as of 2026-08-24
- 1-year return-14.9% 2025-08-21 close $58.71 → 2026-08-21 close $49.99
- P/En/a negative earnings
- Net margin-26.5% as of 2026-08-24
- Gross margin+72.6% as of 2026-08-24
- ROE-98.4% as of 2026-08-24
- Debt / equity1.75 as of 2026-08-24
- Revenue growth (YoY)+70.8% as of 2026-08-24
- Beta1.27 as of 2026-08-24
- Last reported earnings2026-08-06 SEC EDGAR Form 8-K (Item 2.02)
Dividend: yield +3.3%; at least 5 years of non-decreasing per-share dividends (SEC XBRL) — we do not hold the year before it, so the real streak may be longer.
How STEP compares in its sector
- net profit marginbottom 10% 538 covered Financials peers, as of 2026-08-24
- operating marginbottom 10% 534 covered Financials peers, as of 2026-08-24
- gross marginmiddle range 176 covered Financials peers, as of 2026-08-24
- return on equitybottom 10% 575 covered Financials peers, as of 2026-08-24
- indicated dividend yieldmiddle range 453 covered Financials peers, as of 2026-08-24
- free cash flow (absolute dollars, latest fiscal year)middle range 431 covered Financials peers, as of FY2026
Position among covered Financials companies that report each metric (minimum 5 peers). A relative position within our covered catalog — not a valuation, quality, or investment judgment. A higher percentile is simply a higher value (for P/E, more expensive on earnings — never "better"). Informational only.
Top 10 scores & list membership
STEP is not currently in any published Top 10 list. Its scores are below.
Long-term score
34.1 #915 of 987 scored · #189 of 191 in Financials
Growth 100th (revenue growth year over year 70.8%) and capital return 71st (consecutive years of dividend increases 5 years); weakest is profitability (1st, operating margin -50.3%, return on equity -98.4%).
Short-term score
54.5 #516 of 1,704 scored · #84 of 277 in Financials
Setup 63rd: no fresh 20-day breakout up or down; catalysts 60th: analysts have raised their average price target by 5.4% since the prior reading; weakest is volume and participation 27th: trading volume is about normal versus its 30-day average.
Scores as of 21 Aug 2026. Each bar is a percentile: how this company ranked against every company the score ranked, 0–100. A list is a published formula and its output, not a recommendation. Method version 2.
Dividend coverage (FY2026)
Exceeded at least one reported measure. In FY2026, STEP's dividend exceeded at least one reported measure of what it earned or generated (free-cash-flow payout 184%). A payout above 100% in one year is not necessarily unsustainable, but it is not fully covered by that measure.
- Earnings payoutnot assessable earnings were not positive that year
- Free-cash-flow payout184% dividends / (operating cash flow − capex)
Coverage derived from reported SEC EDGAR XBRL figures for FY2026 (dividends paid vs. net income and free cash flow, same fiscal year). This describes PAST coverage for one fiscal year — it does not predict whether a dividend will be maintained, raised, or cut, and a one-year payout ratio can be distorted by non-recurring items. Informational only — not financial advice.
How STEPSTONE GROUP INC CLASS A looks technically
STEPSTONE GROUP INC CLASS A (STEP) is trading 8.0% below its 200-day average, the long-term trend line — a long-term downtrend. Its 50-day average crossed below its 200-day average about 108 trading days ago — a "death cross", a bearish long-term signal. There is no clear trend right now — the price is choppy (ADX, a 0–100 trend-strength gauge, is 18, below the 25 that marks a real trend), though buyers have been pushing harder than sellers lately — pressure, not a trend. Momentum is neutral — its 14-day RSI (a 0–100 momentum gauge) is 57, neither overbought (above 70) nor oversold (below 30). It made a new 20-day high about 7 trading days ago. It is 35.7% below its highest point of the past year.
Trend
7
| Distance from the 200-day | it is trading 8.0% below its 200-day average, the long-term trend line — a long-term downtrend | -8.1% |
|---|---|---|
| 50-day moving average | its average price over the last 50 trading days — a short-term trend line — is $44.87 | $44.87 |
| 200-day moving average | its average price over the last 200 trading days — the long-term trend line — is $54.36 | $54.36 |
| Swing structure | its recent peaks and dips disagree — one of them is rising while the other is not, so there is no clean up or down pattern in the swings | mixed — one of the two is not confirming |
| Last swing turn | its last significant turn was a swing high 7 calendar days ago — the swings before that are what the structure reading is measured on | 7 sessions |
| Since the 50/200 cross | its 50-day average crossed below its 200-day average about 108 trading days ago — a "death cross", a bearish long-term signal | 108 sessions |
| Trend strength (14-day ADX) | there is no clear trend right now — the price is choppy (ADX, a 0–100 trend-strength gauge, is 18, below the 25 that marks a real trend), though buyers have been pushing harder than sellers lately — pressure, not a trend | 18.1 |
Momentum
3
| 14-day RSI | momentum is neutral — its 14-day RSI (a 0–100 momentum gauge) is 57, neither overbought (above 70) nor oversold (below 30) | 57.1 |
|---|---|---|
| Position in its 14-day range | it is trading in the upper half of its 14-day range ($45.40 to $53.02) — its "stochastic" reading is 60 out of 100, where 0 would mean closing exactly at the 14-session low and 100 exactly at the high. This measures WHERE the price sits inside its recent range, which is a different question from the RSI beside it: RSI is a momentum gauge, measuring how FAST the price has been moving, so a stock can drift quietly to the bottom of its range with an ordinary RSI, or fall sharply and still sit in the middle. It has been climbing within that range over the last few sessions. | 60.2 |
| Since the MACD crossed zero | MACD, a trend-momentum gauge, is in positive territory (momentum leaning bullish) | 35 sessions |
Range
12
| 52-week high | its highest closing price over the past year (about 252 trading days) was $77.80 | $77.80 |
|---|---|---|
| From the 52-week high | it is 35.7% below its 52-week high (its highest price of the past year) | -35.7% |
| Above the 52-week low | it is 28.7% above its 52-week low (its lowest price of the past year) | +28.7% |
| Below the 52-week high | it is 35.7% below its highest point of the past year | 35.7% |
| Since a 20-day breakout | it made a new 20-day high about 7 trading days ago | 7 sessions |
| Since a 55-day breakout | it made a new 55-day low about 40 trading days ago | 40 sessions |
| All-time high | its highest closing price on record is $77.80 (set on 2026-01-16) | $77.80 |
| Given back of the 52-week move | over the past year its closes ranged ($39.54 to $76.27), and it has recovered roughly a quarter of its fall from last year’s high — 28% of it. Chart-watchers call 61.8%-65% given back the "golden pocket" — for this company that is $62.24 to $63.41. It is watched widely enough that orders cluster there, which is the honest reason it matters; it is not a forecast. | 28.4% |
| From the all-time high | it is 35.7% below its all-time high | -35.7% |
| Nearest price level | it is trading 1.6% above a support level at $49.22 — a price it turned at four times since 2024-09-10, most recently on 2026-06-16. Since 2024-08-21 it has 4 such levels below the current price and 8 above. Levels like these describe where the price has reversed or paused before; they are not a forecast of where it will go. | -1.6% |
| All-time low | its lowest closing price on record is $19.83 (set on 2023-05-25) | $19.83 |
| Above the all-time low | it is 152.1% above its all-time low | +152.1% |
Volatility
5
| Band width vs its own 6 months | day-to-day price swings are about average versus its own recent 6-month history | 45th percentile |
|---|---|---|
| Typical daily range | in a typical session it travels about $2.43 between its high and its low — about 4.9% of its price. That is its "average true range" over the last 14 sessions, which also counts the distance from the previous close, so a day that opens well away from yesterday counts as the large move it was | $2.43 |
| Bollinger bands (20-day, ±2σ) | most of its recent trading has stayed between about $42.54 and $52.77 — the "Bollinger bands", a range drawn two standard deviations either side of its 20-day average price, which widens when the stock gets more volatile and narrows when it settles | $42.54 – $47.66 – $52.77 |
| Typical daily range (% of price) | its price moves about 4.9% in a typical session — about typical for the companies we cover. This is the average gap between a session's high and low over the last 14 sessions, counting overnight moves, expressed against the current price so it can be compared with companies trading at any price | 4.9% |
| Stretch from the 200-day average | it is trading 1.8 daily ranges below its 200-day average price (8.1% below it in plain percentage terms) — a way of asking how far it has stretched from its own average in units of how far it normally moves in a day, so a calm company and a jumpy one can be compared on the same scale | 1.8 daily ranges below its 200-day average |
Volume
1
| Volume vs its 30-day average | trading volume is about normal versus its 30-day average | 0.69× |
|---|
Analyst
2
| Change in the average price target | analysts have raised their average price target by 5.4% since the prior reading | +5.4% |
|---|---|---|
| Change in the consensus rating | not available for this company yet | n/a |
Price gaps
2
| Gap at the open | it opened on 2026-08-21 1.6% above the previous session's close — an overnight gap, the part of the move that happened while the market was shut, and had not traded back through that level by the close | +1.6% |
|---|---|---|
| Gap filled | a 2.8% gap up opened on 2026-07-27 has been "filled" 17 sessions ago — price traded back through the level the gap left behind, and it took 2 sessions to close | 17 sessions ago |
Price streaks
1
| Closing streak | it closed higher in its latest session, after a session that did not close higher — a single up day rather than a run | 1 session up |
|---|
Relative strength
4
| vs market, 1 month | over the past 1 month this stock beat the market by 14.0 percentage points (the stock gained 16.3% while the market gained 2.3%) | +14.0% |
|---|---|---|
| vs market, 3 months | over the past 3 months this stock lagged the market by 11.8 percentage points (the stock lost 8.7% while the market gained 3.1%) | -11.8% |
| vs market, 6 months | over the past 6 months this stock lagged the market by 11.2 percentage points (the stock lost 0.2% while the market gained 11.1%) | -11.2% |
| vs market, 12 months | over the past 12 months this stock lagged the market by 35.3 percentage points (the stock lost 14.9% while the market gained 20.5%) | -35.3% |
Signal agreement
2
| Bullish technical signals | 2 of the 9 technical signals we can compute for it are currently in a bullish state: MACD momentum is positive, trading above the Ichimoku cloud — these describe past price behaviour, not a forecast | 2 of 9 |
|---|---|---|
| Bearish technical signals | 3 of the 9 technical signals we can compute for it are currently in a bearish state: a "death cross" — its 50-day average is below its 200-day, trading below its 200-day average, lagging the market over 6 months — these describe past price behaviour, not a forecast | 3 of 9 |
Trend (Ichimoku cloud)
1
| Vs the Ichimoku cloud | trading 4.3% above the Ichimoku cloud — a band drawn from where its own highs and lows sat up to 2026-07-16 and projected forward over today's price, the side traders read as an established uptrend, with the band below acting as the level that would have to give way. The band itself is moderate, spanning 7.8% of the share price. | +4.3% |
|---|
Volume-weighted price
2
| Vs this year’s average price paid | the price is 1% above the average price paid so far this year, so the typical buyer over that stretch is showing a gain. That average is $49.70 — a volume-weighted average of daily closes over 155 sessions, not a true tick-by-tick VWAP. | +0.6% |
|---|---|---|
| Vs the average paid since it last reported | the price is 3% above the average price paid since it last reported on 2026-08-06 (its 8-K), so the typical buyer over that stretch is showing a gain. That average is $48.46 — a volume-weighted average of daily closes over 12 sessions, not a true tick-by-tick VWAP. | +3.1% |
Price levels it has turned at before
STEP last closed at $49.99 on 2026-08-21. Since 2024-08-21 it has turned at 4 prices below its last close and 8 above; the 3 nearest below and the 3 nearest above are listed, nearest first.
| Level | Side | Distance | Evidence |
|---|---|---|---|
| $49.22 | Support | 1.6% below the last close | turned there four times · 2024-09-10 to 2026-06-16 |
| $46.81 | Support | 6.4% below the last close | turned there twice · 2025-03-10 to 2026-07-15 |
| $44.16 | Support | 11.7% below the last close | turned there twice · 2025-04-21 to 2026-03-27 |
| $56.16 | Resistance | 12.3% above the last close | turned there six times · 2024-12-18 to 2026-05-26 |
| $57.58 | Resistance | 15.2% above the last close | turned there six times · 2024-11-04 to 2026-05-11 |
| $59.13 | Resistance | 18.3% above the last close | turned there 7 times · 2024-10-15 to 2025-11-21 |
A level is a price this company reversed or paused at more than once — they describe past behaviour, not a forecast of where the price will go.
Wave structure
No Elliott-wave labelling currently fits its swings: the recent highs and lows do not satisfy the three rules a five-wave count has to obey, so there is no count to show rather than a count we are unsure about.
Read from daily closes as of 2026-08-21.
An Elliott-wave count describes the swings already printed and the level that would disprove it. It is not a forecast, a target, or advice.
Screens: Trading below the 200-day moving average · Pulled back from the 12-month high · trendless / choppy (low ADX) · Analyst price target recently RAISED · lagging the market · Trading at this year’s average price paid (anchored VWAP) | Learn: moving average · golden cross · adx · rsi · breakout · fifty two week high low
Based on daily closing prices as of 2026-08-21. Describes past price behavior only — informational, not financial advice.
Analyst consensus
- Consensus ratingStrong Buy (1.50 mean, 1=Strong Buy…5=Strong Sell) — 8 analysts
- Mean price target$70.38 range $56.00 – $92.00; median $66.00
Analyst estimates, as of 2026-08-24. These are third-party analyst opinions and price targets, aggregated — not a recommendation, prediction, or advice from stocks-llm. Informational only.
Analyst EPS estimate for STEP
- Consensus EPS estimate$0.5761 next reporting period, as of 2026-08-24
Change over time is not available yet: it needs two readings of the same reporting period at least 30 days apart, and we have been recording these estimates since 2026-08-04. An estimate for a DIFFERENT quarter is not a revision, so a reading from before the last report is never compared with one after it.
The consensus estimate for the next reporting period, and how it has moved between readings of that SAME period. A change is measured only between readings estimating one period — when a company reports, the consensus moves to the next quarter and the two numbers are not comparable. Informational only, not a forecast and not advice.
Key risks (from latest filing)
["Dependence on the favorability of the private markets fundraising environment","Risks associated with the successful integration of acquired businesses","Regulatory and legal risks relevant to investment management operations"]
What changed in the latest 10-Q
AI-assisted comparison of STEP's 10-Q filed 2026-02-05 against the prior one filed 2025-11-06.
Management's Discussion & Analysis (MD&A)
- Reworded:
- As of date changed from September 30, 2025 to December 31, 2025 throughout the section (filed 2026-02-05)
- Total capital responsible for increased from approximately $771 billion to $811 billion (filed 2026-02-05)
- AUM increased from $209 billion to $220 billion (filed 2026-02-05)
- AUA increased from $562 billion to $591 billion (filed 2026-02-05)
- Total employees increased from over 1,240 to over 1,275 (filed 2026-02-05)
- Investment professionals changed from 420 to over 420 (filed 2026-02-05)
- Operating and implementation team employees increased from over 820 to over 850 (filed 2026-02-05)
- SMAs AUM increased from $125 billion to $130 billion (filed 2026-02-05)
- Focused commingled funds AUM increased from $68 billion to $73 billion (filed 2026-02-05)
- Portfolio analytics and reporting client commitments increased from over $829 billion to over $871 billion (filed 2026-02-05)
- Notes:
- The newer filing appears to be truncated at the end of the 'Trends Affecting Our Business' section, making a complete comparison impossible for the remainder of that section
- All numerical changes reflect the natural progression of time between quarterly periods (Q3 2025 to Q4 2025) rather than substantive business model or disclosure changes
Risk Factors
- Reworded:
- Item 1A. Risk Factors page number changed from 90 (filed 2025-11-06) to 91 (filed 2026-02-05)
- Balance sheet reporting date changed from September 30, 2025 (filed 2025-11-06) to December 31, 2025 (filed 2026-02-05)
- Cash and cash equivalents increased from $229,824 thousand to $266,075 thousand
- Restricted cash increased from $531 thousand to $564 thousand
- Fees and accounts receivable decreased from $81,435 thousand to $79,669 thousand
- Due from affiliates increased from $117,621 thousand to $334,942 thousand
- Investments in funds increased from $210,162 thousand to $292,994 thousand
- Accrued carried interest allocations increased from $1,733,922 thousand to $1,835,862 thousand
- Legacy Greenspring investments in funds and accrued carried interest allocations decreased from $679,470 thousand to $670,631 thousand
- Deferred income tax assets increased from $524,320 thousand to $583,565 thousand
- Lease right-of-use assets decreased from $86,646 thousand to $84,016 thousand
- Other assets and receivables increased from $57,661 thousand to $61,058 thousand
- Intangibles, net decreased from $243,458 thousand to $233,251 thousand
- Assets of Consolidated Funds cash and cash equivalents decreased from $136,353 thousand to $111,377 thousand
- Assets of Consolidated Funds investments decreased from $647,827 thousand to $105,150 thousand
- Assets of Consolidated Funds other assets decreased from $2,335 thousand to $1,758 thousand
- Total assets decreased from $5,332,107 thousand to $5,241,454 thousand
- Accounts payable, accrued expenses and other liabilities decreased from $93,310 thousand to $87,118 thousand
- Accrued compensation and benefits increased from $1,826,201 thousand to $2,404,228 thousand
- Accrued carried interest-related compensation increased from $891,485 thousand to $960,513 thousand
- Legacy Greenspring accrued carried interest-related compensation decreased from $544,919 thousand to $536,484 thousand
- Due to affiliates increased from $346,952 thousand to $354,610 thousand
- Lease liabilities decreased from $109,458 thousand to $106,497 thousand
- Notes:
- The older filing text is truncated at 'Debt obligations 269' while the newer filing shows '270,246'; full comparison of debt obligations line item not possible from provided text
- These are balance sheet line items within financial statements section, not risk factors themselves; the task requested comparison of Risk Factors sections but the provided text includes considerable financial statement content
AI-assisted comparison of two SEC filing sections. It describes wording and theme changes only, makes no materiality, legal, or investment judgement, and is not financial advice. Informational only — not financial advice.
Insider activity (SEC Form 4)
2 open-market purchases and 7 open-market sales by insiders in the last 90 days.
- Last 90 days2 buys ($5M) · 7 sells ($10M) — 1 buying, 1 selling insiders
- Last 180 days2 buys ($5M) · 7 sells ($10M) — 1 buying, 1 selling insiders
Activity heuristic: net selling (a transparent product heuristic from the counts above, not a prediction or advice)
Most recent open-market transaction: 2026-06-11. As of 2026-08-25.
View full insider trading history → View SEC Form 3/4/5 filingsAsk about STEP's insider activity →
Only open-market purchases (SEC code P) and sales (code S) are counted here. Option exercises, vesting/awards, gifts, and shares withheld for taxes are excluded — they are compensation or mechanical, not open-market conviction. Sales may be planned and non-discretionary (e.g. a Rule 10b5-1 plan) and are not necessarily bearish; open-market buying is not a recommendation to buy. Informational only — not financial advice.
Institutional ownership (13F)
5 institutional 13F filers reported holding STEP as of 2026-03-31 (quarter-end position, filed within 45 days).
- Distinct 13F filers 5
- Reported shares held 17,841,332
- Reported value $851,388,375
reported quarterly holdings change (2025-12-31 → 2026-03-31): 1 new, 3 increased, 1 decreased, 0 exited. Change counts cover only managers that filed 13F reports in BOTH quarters, derived between two quarter-end snapshots — not same-day trades; a single manager is never said to have "bought" or "sold".
Institutional holdings are quarter-end long positions reported on SEC Form 13F-HR, filed up to 45 days after the quarter ends — they are delayed, are not real-time trades, exclude short positions and most non-US securities, and are not investment advice. Any increase/decrease is a reported change between two quarterly snapshots, not a same-day purchase or sale. These are quarter-end snapshots from the 13F filings on SEC EDGAR, filed within 45 days — not real-time, and any change is a difference between two quarterly reports, not a same-day trade. Informational only — not financial advice.
Short interest (FINRA)
STEP had 6,900,693 shares of reported short interest as of the 2026-07-31 FINRA settlement date (delayed, bi-monthly; not real-time).
Short interest as a percent of shares outstanding is not shown for STEP because we do not hold a verified share count to divide it by. The reported figures above are unaffected.
- Reported short interest (shares) 6,900,693
- Prior settlement (shares) 7,108,339
- Reported change -2.92%
- Days to cover (reported) 6.18
Reported to FINRA as of the 2026-07-31 settlement date. Short interest is reported to FINRA and published on a delayed, bi-monthly schedule (as of a settlement date, disseminated roughly eight business days later) — it is NOT real-time, does not cover every venue or all US trading, and is not a short-squeeze prediction or investment advice. Days-to-cover is the value FINRA reports; percent of float is not shown because the source file carries no share-count denominator — where a percent appears it is of shares OUTSTANDING, the larger base, and is therefore a floor on percent of float. Informational only — not financial advice.
Competitors & peers
- Blackstone (BX)
- Ares Management (ARES)
- KKR & Co. (KKR)
- Blue Owl Capital (OWL)
- Hamilton Lane (HLNE)
- Franklin Templeton (BEN)
AI-enriched competitor set. Linked names are companies covered by stocks-llm; other named peers are shown for reference only.
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Frequently asked questions
What does STEPSTONE GROUP INC CLASS A (STEP) do?
StepStone Group is a global private markets investment firm that provides customized investment solutions, advisory, and data services. The company manages portfolios across private equity, infrastructure, private debt, and real estate for institutional investors, including pension funds, sovereign wealth funds, and insurance companies, as well as high-net-worth and mass-affluent individuals.
What sector is STEPSTONE GROUP INC CLASS A (STEP) in?
STEPSTONE GROUP INC CLASS A (STEP) is classified in the Financials sector. Its industry is Asset Management. It trades on NASDAQ.
Does STEP pay a dividend?
Yes — STEPSTONE GROUP INC CLASS A (STEP) pays a dividend, with an indicated yield of about 3.25% and at least 5 years of non-decreasing per-share dividends (SEC EDGAR XBRL) — we do not hold the year before it, so the real streak may be longer (market data, as of 2026-08-24). Informational only — not financial advice.
Who are STEPSTONE GROUP INC CLASS A's (STEP) competitors?
Notable peers of STEPSTONE GROUP INC CLASS A (STEP) include Blackstone, Ares Management, KKR & Co., Blue Owl Capital and Hamilton Lane. This peer set is informational only — not financial advice.
Is STEPSTONE GROUP INC CLASS A (STEP) overbought or oversold right now?
STEPSTONE GROUP INC CLASS A (STEP) is currently neither overbought nor oversold — its 14-day RSI (a 0–100 momentum gauge) is 57, in the neutral middle (as of 2026-08-21). RSI describes recent price momentum, not a forecast — informational only, not financial advice.
Where does stocks-llm's data on STEP come from?
Fundamentals and prices come from market data, as of 2026-08-24; company filings and profile facts come from SEC EDGAR. All figures are delayed daily-close data shown with their as-of date — informational only, not financial advice.
Fundamentals: market data, as of 2026-08-24. Filings: SEC EDGAR. Prices are delayed daily-close data.
Last updated 2026-08-21.
Informational only — NOT financial advice. All figures are delayed daily-close data from SEC EDGAR & market data, shown with their as-of date.