GAMCO Investors Inc

GAMCO Investors, Inc. operates as a holding company, which engages in the provision of investment advisory and asset management services. It offers investment advisory principally through Gabelli Funds and GAMCO Asset, which manages separate accounts for high net worth individuals, institutions, and qualified pension plans, and through its role as advisor to a family of mutual funds. The company was founded by Mario J. Gabelli in 1976 and is headquartered in Rye, NY.

Revenue

Cost of revenue

Gross profit

Operating expenses

SG&A

Other

Operating income

EBITDA

Net income

Earnings per share

Total assets

Current assets

Cash & equivalents

Receivables

Inventory

Non-current assets

Net PPE

Intangibles

Total liabilities

Current liabilities

Short term debt

Income tax payable

Non-current liabilities

Long-term debt

Total equity

Stockholders equity

Minority interest

Total liabilities & equity

Total debt

Net debt

Book value per share

Cash from operations

Funds from operations

Change in working capital

Cash from investing

Capital expenditure

Purchase/sale of investments

Purchase/sale of business

Other sources

Cash from financing

Change in stock

Change in debt

Cash dividends paid

Cash from other sources

Net change in cash

Free cash flow

GAMCO Investors, Inc. operates as a holding company, which engages in the provision of investment advisory and asset management services. It offers investment advisory principally through Gabelli Funds and GAMCO Asset, which manages separate accounts for high net worth individuals, institutions, and qualified pension plans, and through its role as advisor to a family of mutual funds. The company was founded by Mario J. Gabelli in 1976 and is headquartered in Greenwich, CT.

Gabelli Global Small and Mid Cap Value Trust

GREENWICH, Conn., Nov. 08, 2024 (GLOBE NEWSWIRE) -- Gabelli Funds, LLC will host the 6th Annual Healthcare Symposium with Columbia Business School at the Paley Center on Friday, November 15t h, 2024. This half-day symposium will bring together leading healthcare executives and physicians to discuss current and future trends in the industry. Topics include the future of robotic surgery, data interoperability, and new treatments for atrial fibrillation.

Gabelli Funds and Columbia Business School to Host 6th Annual Healthcare Symposium

GREENWICH, Conn., Nov. 07, 2024 (GLOBE NEWSWIRE) -- GAMCO Investors, Inc. (“GAMI”) (OTCQX: GAMI) today reported its operating results for the quarter ended September 30, 2024.

GAMCO Investors, Inc. Reports Results for the 3rd Quarter 2024

Gabelli Utility Trust

RYE, New York, Oct. 22, 2024 (GLOBE NEWSWIRE) -- The Gabelli Utility Trust (NYSE: GUT) (the “Fund”) is pleased to announce the successful completion of its transferable rights offering (the “Offering” or “Offer”). Preliminary results indicate that the Fund will issue 11,624,109 common shares, for gross proceeds to the Fund of $58,120,545 (including over-subscription requests and notices of guaranteed delivery).

Gabelli Utility Trust Rights Offering Concludes Raising $58 Million

Gabelli Dividend & Income Trust

RYE, N.Y., Oct. 18, 2024 (GLOBE NEWSWIRE) -- Gabelli Dividend & Income Trust (NYSE: GDV) (the “Fund”) announced today that GAMCO Investors, Inc. (“GAMCO”) (OTCQX: GAMI) and affiliates purchased $107 million of the Fund's Series M Cumulative Preferred Shares (“Series M Preferred”). The Series M preferred carries a 4.80% dividend rate, is puttable/callable in December 2025 and has a mandatory redemption in December 2026.

Gabelli Dividend & Income Trust Announces That GAMCO Investors, Inc. and Affiliates Purchased $107 million of Series M Cumulative Preferred

GREENWICH, Conn., Oct. 15, 2024 (GLOBE NEWSWIRE) -- Gabelli Funds, LLC will host the 6th Annual Healthcare Symposium with Columbia Business School at the Paley Center on Friday, November 15t h, 2024. This half-day symposium will bring together leading healthcare executives and physicians to discuss current and future trends in the industry. Topics include the future of robotic surgery, data interoperability, and new treatments for atrial fibrillation.

Gabelli Funds and Columbia Business School to Host 6th Annual Healthcare Symposium

GREENWICH, Conn., Oct. 07, 2024 (GLOBE NEWSWIRE) -- Gabelli Funds will host its 48th Annual Automotive Symposium on November 4th and 5th, 2024 at the Encore at Wynn in Las Vegas, Nevada. This two-day symposium will feature presentations by senior managements of leading automotive and trucking companies, with a lineup that enables investors to understand ever-changing dynamics within the automotive industry.

Gabelli Funds to Host 48th Annual Automotive Symposium at The Encore at Wynn, Las Vegas, Nevada

GREENWICH, Conn., Oct. 01, 2024 (GLOBE NEWSWIRE) -- GAMCO Investors, Inc. (“GAMI”) (OTCQX: GAMI) announced today that assets under management (“AUM”) were $32.1 billion at September 30, 2024 as compared to an adjusted $28.6 billion at September 30, 2023. AUM would have been $32.6 billion at September 30, 2024 on the same basis as the reported $29.2 billion at September 30, 2023.

GAMCO Expects to Report Diluted EPS for the Third Quarter 2024 of $0.67 to $0.73 Per Share

GREENWICH, Conn., Sept. 19, 2024 (GLOBE NEWSWIRE) -- GAMCO Investors, Inc. (“GAMCO”) (OTCQX: GAMI) today announced that its Board of Directors has declared a special cash dividend of $2.00 per share, payable on November 4, 2024, to Class A and Class B shareholders of record as of the close of business on September 30, 2024. It is expected that the $2.00 dividend will be paid from current earnings and profits. The aggregate payment will be approximately $48.4 million, based on shares outstanding of 24.2 million as of the date of this release.

GAMCO Investors, Inc. Announces Special Dividend of $2.00 per share

GREENWICH, Conn., Sept. 13, 2024 (GLOBE NEWSWIRE) -- GAMCO Investors, Inc. (“GAMCO”) (OTCQX: GAMI) announced that effective September 13, 2024, its actively managed Gabelli Financial Services Opportunities ETF (NYSE Arca: GABF) will convert from a “semi-transparent” ETF to a “transparent” ETF and will disclose its portfolio holdings daily. This is subject to the registration statement being declared effective by the Securities and Exchange Commission.   From inception through September 10, 2024, GABF generated a total return of 71.9% and an annualized return of 26.0%.

Gabelli Financial Services Opportunities ETF (GABF) To Convert to Transparent ETF Structure

Dril-Quip

GREENWICH, Conn.--(BUSINESS WIRE)--GAMCO Asset Management Inc. (“GAMCO”), an affiliate of GAMCO Investors, Inc. (OTCQX: GAMI), on behalf of its clients and certain of its affiliates owns approximately 2,872,654 shares of Dril-Quip, Inc. (NYSE: DRQ) (“Dril-Quip”), representing 8.34% of the 34,452,230 outstanding shares. GAMCO intends to vote “Against” the proposed merger with Innovex Downhole Solutions (“Innovex”). On August 23, 2024, Glass, Lewis & Co. LLC (“Glass Lewis”) published its repo.

GAMCO: Glass Lewis Firmly Opposes Dril-Quip Merger

RYE, N.Y., Aug. 23, 2024 (GLOBE NEWSWIRE) -- The Board of Trustees of The Gabelli Utility Trust (NYSE:GUT) (the “Fund”) approved the continuation of its policy of paying fixed monthly cash distributions. The Board of Trustees declared cash distributions of $0.05 per share for each of October, November, and December 2024.

Gabelli Utility Trust Continues Monthly Distributions, Declares Distributions of $0.05 Per Share

RYE, N.Y., Aug. 23, 2024 (GLOBE NEWSWIRE) -- The Board of Trustees of The Gabelli Dividend & Income Trust (NYSE:GDV) (the “Fund”) approved the continuation of its policy of paying fixed monthly cash distributions. The Board of Trustees declared cash distributions of $0.11 per share for each of October, November, and December 2024.

Gabelli Dividend & Income Trust Continues Monthly Distributions, Declares Distributions of $0.11 Per Share

Gabelli Healthcare & Wellness Trust

RYE, N.Y., Aug. 23, 2024 (GLOBE NEWSWIRE) -- The Board of Trustees of The Gabelli Healthcare & WellnessRx Trust (NYSE:GRX) (the “Fund”) declared a $0.15 per share cash distribution payable on September 23, 2024 to common shareholders of record on September 16, 2024.

Gabelli Healthcare & WellnessRx Trust Declares Third Quarter Distribution of $0.15 Per Share

Ellsworth Growth and Income Fund

RYE, N.Y., Aug. 23, 2024 (GLOBE NEWSWIRE) -- The Board of Trustees of Ellsworth Growth and Income Fund Ltd. (NYSE American: ECF) (the “Fund”) declared a $0.13 per share cash distribution September 23, 2024 to common shareholders of record on September 16, 2024.

Ellsworth Growth and Income Fund Ltd. Declares Distribution of $0.13 Per Share

Gabelli Convertible and Income Securities Fund

RYE, N..Y, Aug. 23, 2024 (GLOBE NEWSWIRE) -- The Board of Directors of The Gabelli Convertible and Income Securities Fund Inc. (NYSE:GCV) (the “Fund”) declared a $0.12 per share cash distribution payable on September 23, 2024 to common stock shareholders of record on September 16, 2024.

Gabelli Convertible and Income Securities Fund Declares Distribution of $0.12 Per Share

RYE, N.Y., Aug. 22, 2024 (GLOBE NEWSWIRE) -- The Board of Trustees of The Gabelli Utility Trust (NYSE: GUT) (the “Fund”) has approved a transferable rights offering which will allow the Fund's record date common shareholders to acquire additional common shares (the “Offering”). The Offering will be made only by means of a prospectus supplement and accompanying prospectus, and this announcement does not constitute an offer to sell, or a solicitation of an offer to buy, any of the Fund's securities.

Gabelli Utility Trust Announces Rights Offering for Common Shares Record Date and Summary of Terms

GREENWICH, Conn.--(BUSINESS WIRE)--GAMCO Asset Management Inc. (“GAMCO”), an affiliate of GAMCO Investors, Inc. (OTCQX: GAMI), on behalf of its clients and certain of its affiliates owns approximately 2,866,654 shares of Dril-Quip, Inc. (NYSE: DRQ) (“Dril-Quip”), representing 8.32% of the 34,452,230 outstanding shares. GAMCO intends to vote “Against” the proposed merger with Innovex Downhole Solutions (“Innovex”). On August 16, 2024, Institutional Shareholder Services (“ISS”) published its repo.

GAMCO: Dril-Quip's ‘ISS For Merger' Claim Is Contrary To ISS's Actual Position

GREENWICH, Conn.--(BUSINESS WIRE)--GAMCO Asset Management Inc. (“GAMCO”), an affiliate of GAMCO Investors, Inc. (OTCQX: GAMI), on behalf of its clients and certain of its affiliates owns approximately 2,866,654 shares of Dril-Quip, Inc. (NYSE: DRQ), representing 8.32% of the 34,452,230 outstanding shares as reported in Dril-Quip's most recently filed Form 10-Q for the quarter ended June 30, 2024. GAMCO's Proxy Voting Committee (“PVC”) intends to vote “Against” the proposed merger with Innovex D.

GAMCO Opposes Dril-Quip's Merger Scheduled for Vote September 5th

GREENWICH, Conn., Aug. 06, 2024 (GLOBE NEWSWIRE) -- GAMCO Investors, Inc. (“GAMI”) (OTCQX: GAMI) today reported its operating results for the quarter ended June 30, 2024.

GAMCO Investors, Inc. Reports Results for the 2nd Quarter 2024

RYE, N.Y., July 30, 2024 (GLOBE NEWSWIRE) -- Gabelli Funds, LLC, is hosting our annual Aerospace & Defense Symposium at The Harvard Club in New York City on September 5th. The conference will draw top executives from more than ten companies, with a focus on the themes of strong demand outlook, high barriers to entry, large aftermarket opportunity, growth in excess of GDP, defense spending, and M&A potential for the Aerospace and Defense industry. Attendees will also have the opportunity to meet with management in a one-on-one setting. Prospective attendees can learn more about the symposium on our website.

Gabelli Funds to Host 30th Annual Aerospace & Defense Symposium at The Harvard Club, New York City Thursday, September 5, 2024

Vista Outdoor

GREENWICH, Conn.--(BUSINESS WIRE)--GAMCO Asset Management Inc. (“GAMCO”), an affiliate of GAMCO Investors, Inc. (OTCQX: GAMI), and certain other affiliates own, on behalf of their clients, approximately 1.05% of the outstanding common stock of Vista Outdoor Inc. (NYSE: VSTO) (the “Company”). On July 26, 2024, GAMCO sent a letter to the Company's Chairman of the Board. A copy of the letter is referenced herein. Mr. Michael Callahan Chairman of the Board Vista Outdoor, Inc. Dear Michael: GAMCO As.

GAMCO Sends Letter to Vista Outdoor Inc.

GREENWICH, Conn., July 15, 2024 (GLOBE NEWSWIRE) --  GAMCO Investors, Inc. (“GAMCO”) (OTCQX: GAMI) announced today that its Chairman and co-CEO, Mr. Mario J. Gabelli, has elected to waive all of his Portfolio and Relationship compensation that he would otherwise have been entitled to for the period from August 1, 2024 to October 31, 2024. This waiver does not include his Incentive Management Fee.

GAMCO Will Benefit From Executive Decision to Waive Compensation from August 1, 2024 to October 31, 2024

GREENWICH, Conn., July 02, 2024 (GLOBE NEWSWIRE) -- GAMCO Investors, Inc. (“GAMI”) (OTCQX: GAMI) announced today that assets under management (“AUM”) were $30.7 billion at June 30, 2024 as compared to an adjusted $30.1 billion at June 30, 2023. AUM would have been $31.2 billion at June 30, 2024 on the same basis as the reported $30.7 billion at June 30, 2023.

GAMCO Expects to Report Diluted EPS for the Second Quarter 2024 of $0.59 to $0.65 Per Share

RYE, N.Y., June 21, 2024 (GLOBE NEWSWIRE) -- Gabelli Funds (“GAMCO”) (OTCQX: GAMI) announced today that it will be the Principal Sponsor of the Morningstar Investment Conference in Chicago for the second consecutive year. Two Portfolio Managers, John Belton and Tony Bancroft, will present at the conference on June 26th and 27th, respectively.

Gabelli Funds Portfolio Managers to Present at Morningstar Investment Conference in Chicago June 26-27

RYE, N.Y., May 16, 2024 (GLOBE NEWSWIRE) -- The Board of Trustees of The Gabelli Healthcare & WellnessRx Trust (NYSE:GRX) (the “Fund”) declared a $0.15 per share cash distribution payable on June 21, 2024 to common shareholders of record on June 13, 2024.

News for GAMCO Investors Inc Stock (GAMI)