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TickerCNS
SectorAsset Management
Mkt cap$3.7B
EV / EBITDA18.5×
PostureHigh Velocity
Composite70/100
LensBuyer-side
SE-Cluster Research·Issuer Brief·Q2 2026CIK 1284812

Cohen & Steers, Inc.

CNSHIGH VELOCITYFILING INTENSITY

Cohen & Steers, Inc. reads as an High Velocity (composite 70/100); Selective Buyer deploying $0 across 0 disclosed transactions, running flat vs the prior cycle · primary market Financial Infrastructure.

Lens

Disclosed M&A capital (2023–2025)

N/A

flat

vs N/A in 2020–2022

Disclosed transactions

N/A

flat

0/3 active fiscal years in window

Buyer archetype

Selective Buyer

Acquisition use is visible but targeted.

Composite score

70

/100

High Velocity dominates · Filing Intensity

Financial snapshot
Revenue$575M
EBITDA$207M
Enterprise value$3.8B
EV / Revenue6.7×
EV / EBITDA18.5×
P/EN/A
Cash$53M
Total debtN/A
as of 2026-05-10
§ I·SE-Cluster Issuer Brief

Behavioral posture, nine reads.

Each index scores the issuer 0–100 against an EDGAR-anchored definition. Scores ≥ threshold elevate the issuer into the index's constituent set; the dominant index drives the masthead label.

Active Acquirer

18/100

Companies actively deploying disclosed capital into M&A

  • $32M disclosed buyer spend

Buyer Cadence

32/100

Buyer-side companies with recent filing activity

  • Filed within 36d
  • 142 8-Ks

Target Probability

4/100

Issuers showing target-side patterns from filings

Spin/Carve

0/100

Issuers showing spin-off, carve-out, or sum-of-parts posture

Pressure Watch

14/100

Issuers facing activism, governance, or control pressure

Distress Watch

0/100

Issuers showing financial-distress filing patterns

Restatement Risk

0/100

Issuers with accounting-integrity flags from filings

Capital Velocity

Dominant
70/100

Issuers with the highest filing-activity intensity

  • 142 8-Ks
  • 4 form types

Quiet Power

41/100

Large issuers with low signal volume and clean disclosure cadence

  • Enterprise value $3.8B
  • 10-Q 39d ago
  • 2 active signals
§ II·SE-Cluster Issuer Brief

Capital cadence.

No disclosed M&A capital in the 10-year window.

This issuer has not disclosed material acquisition spend or count in the last ten fiscal years.

§ III·SE-Cluster Issuer Brief

Strategy posture.

The buyer's playbook in terms of strategic archetype: what each disclosed move says about how they're deploying capital.

Archetype mix

  • Platform
    50%
  • Geographic Expansion
    50%

Strategy keywords

Terms recurring across recent 10-K acquisition disclosures.

  • platform
  • geographic_expansion
§ IV·SE-Cluster Issuer Brief

Filing language.

Direct excerpts from acquisition disclosures and strategy sections: the verbs the buyer chose, in the filings they signed.

In particular, a number of large commercial banks, insurance companies and other broad-based financial services firms have established or acquired broker-dealers or have merged with other financial institutions.

10-KFY2004

On December 18, 2006, we issued an aggregate of 360,500 shares of our common stock in connection with our acquisition of the remaining 50% of Houlihan Rovers.

10-KFY2006

Creating a global real estate securities capability through the acquisition of 50% of the capital stock of Houlihan Rovers S.A.

10-KFY2005

In recent years there has been substantial consolidation and convergence among companies in the financial services industry.

10-KFY2004

Completing the acquisition of Houlihan Rovers on December 18, 2006.

10-KFY2006
§ V·SE-Cluster Issuer Brief

Market context.

Where this issuer sits inside its SE-Cluster rollup wedge, with disclosed-spend rank plus trading comparables against the public peer set.

Primary market

Financial Infrastructure

Market spend (2023–2025)
$186.1B
Market spend (2020–2022)
$98.1B
Recent vs prior
+90%
Issuer rank in market
N/A
Share of market capital
0.0%

Valuation positioning

18.5×EV / EBITDA

CNS trades at a +2.3-turn premium to the Financial Infrastructure peer median of 16.2×.

EV / Revenue
6.7×
Net debt / EBITDA
N/A
Peer median EV / EBITDA
16.2×

Trading comparables

FMP market data · 2026-05-10

CompanyEV / EBITDAEV / RevNet debt / EBITDARevenueM&A 2023–2025
22.0×14.5×-0.4×$43B$1.8B
21.4×10.8×1.4×$7.9B$451M
Cohen & Steers, Inc.CNS
18.5×6.7×N/A$575MN/A
16.2×8.2×3.2×$13.1B$10.3B
10.9×3.9×5.4×$8.8B$5.1B
2.3×2.7×-1.1×$187B$81.8B

Trading multiples from FMP market data; disclosed M&A spend from the SE-Cluster EDGAR 10-K corpus. Peer set = top disclosed buyers in Financial Infrastructure. Bars scaled to the highest EV/EBITDA in the set.

§ VI·SE-Cluster Issuer Brief

Target landscape.

Public-issuer targets that fit this buyer's archetype and target categories from filing-derived signal. Scores reflect cross-signal fit; reasons cite the EDGAR-anchored facts that drove the match.

No qualifying public-issuer targets surfaced from the current signal mix.

Stated target categories

No target categories enumerated in the audited corpus for this issuer.

§ VII·SE-Cluster Issuer Brief

Filing activity & signal stream.

Filing cadence and event-driven signals visible on EDGAR. The signal stream below is curated from restatement / spin-carve / activism categories, providing context for any near-term call.

Filing cadence

  • 10-K (annual)222026-02-27
  • 10-Q (quarterly)662026-05-01
  • 8-K (event)1422026-05-04
  • Proxy / DEF 14A302026-04-20
  • Activism (13D / DFAN / PREC)0N/A

Signals on file

  • info

    Signal

    Serial acquisition history

  • info

    Signal

    10-K strategy themes

§ VIII·SE-Cluster Issuer Brief

Audited corpus.

No audited record on file for this CIK in the current v6 corpus.

This issuer has not been extracted into the v6 audited acquirer corpus yet. The brief above pulls from ranking-level aggregates and issuer-index signal only.