Shares of Janus Henderson Group plc (JHG) surged 5.03% in Thursday trading after the asset manager reported first quarter earnings that topped analyst expectations, along with robust net inflows and solid investment performance.

For Q1 2025, Janus Henderson posted adjusted earnings per share of $0.79, beating the consensus estimate of $0.73 and up 11% from $0.71 in the same quarter last year. Revenue rose 12.6% year-over-year to $621.4 million, also exceeding analyst projections of $616.84 million.

The company reported net inflows of $2.0 billion for the quarter, driven by both intermediary and institutional channels. Assets under management reached $373 billion as of March 31, 2025, marking a 6% increase from the prior year. Janus Henderson highlighted its investment performance, with 77%, 65%, and 73% of AUM outperforming benchmarks over 3-, 5-, and 10-year periods respectively.

Further boosting investor sentiment, the Board of Directors declared a 3% increase to the quarterly dividend, raising it to $0.40 per share. Additionally, a new $200 million share repurchase authorization was approved through April 2026.

"Our first quarter results are solid, with year-over-year improvements in net flows, operating revenues, operating income, and EPS," said Ali Dibadj, Chief Executive Officer. "Our strong balance sheet continues to provide us the flexibility needed to return cash to shareholders and to reinvest in our business both organically and inorganically."