What Makes Evercore (EVR) a Good Investment?

TimesSquare Capital Management, an equity investment management company, released its “U.S. Mid Cap Growth Strategy” second-quarter 2025 investor letter. A copy of the letter can be downloaded here. During the quarter, the fund returned 13.13% (gross) and 12.91% (net), compared to the Russell Midcap® Growth Index’s 18.20% return. Equities recorded double-digit returns in the second quarter as global economic activity measures lifted. In addition, please check the fund’s top five holdings to know its best picks in 2025.

In its second-quarter 2025 investor letter, TimesSquare Capital U.S. Mid Cap Growth Strategy highlighted stocks such as Evercore Inc. (NYSE:EVR). Headquartered in New York, New York, Evercore Inc. (NYSE:EVR) is an investment banking company. The one-month return of Evercore Inc. (NYSE:EVR) was 7.23%, and its shares gained 35.71% of their value over the last 52 weeks. On September 29, 2025, Evercore Inc. (NYSE:EVR) stock closed at $340.64 per share, with a market capitalization of $13.216 billion.

TimesSquare Capital U.S. Mid Cap Growth Strategy stated the following regarding Evercore Inc. (NYSE:EVR) in its second quarter 2025 investor letter:

"We began buying shares in Evercore Inc. (NYSE:EVR), an independent investment bank and research provider. M&A activity began its delayed recovery, which bodes well for Evercore. In addition, its advisory business is less reliant on performance fees, thereby providing greater visibility for its future earnings."

Evercore Inc. (NYSE:EVR) is not on our list of 30 Most Popular Stocks Among Hedge Funds. According to our database, 44 hedge fund portfolios held Evercore Inc. (NYSE:EVR) at the end of the second quarter, compared to 50 in the previous quarter. Evercore Inc. (NYSE:EVR) reported adjusted net revenues of $839 million in Q2 2025, an increase 21% from Q2 2024. While we acknowledge the potential of Evercore Inc. (NYSE:EVR) as an investment, we believe certain AI stocks offer greater upside potential and carry less downside risk. If you're looking for an extremely undervalued AI stock that also stands to benefit significantly from Trump-era tariffs and the onshoring trend, see our free report on the best short-term AI stock.

In another article, we covered Evercore Inc. (NYSE:EVR) and shared Upslope Capital Management's views on the company. In addition, please check out our hedge fund investor letters Q2 2025 page for more investor letters from hedge funds and other leading investors.

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Disclosure: None. This article is originally published at Insider Monkey.