JP Morgan lowers Voya Financial price target to $105, keeps Neutral

JP Morgan maintains a Neutral rating on Voya Financial. Price target lowered from $109 to $105. Analyst Pablo Singzon issued the revised valuation.

Voya index finds workplace education closes financial confidence gap

Workplace education users score 71 on financial behaviors vs 59 for non-users. Five-point gap exists between average financial confidence (67) and behaviors (62). 35% of workers are always or often stressed about money, impacting 70% of their confidence. Retirement planning confidence (66%) exceeds security confidence (45%) by 21 points.

Voya Financial warns shareholders to ignore TOMS Capital straw poll

Voya Financial advises shareholders to ignore a private straw poll by TOMS Capital Investment Management LP. Company states TCIM materials contain inaccurate statements and are not connected to official votes. Directors and say-on-pay received more than 98% support at the annual meeting held four months ago. Voya cites SEC efforts to limit proxy system misuse and views TCIM filings as raising policy concerns. Next annual shareholder meeting expected in May 2027; Q3 earnings call scheduled for early November.

Voya wins District of Columbia retirement plan contract for $4.3 billion

Voya Financial wins the District of Columbia contract to manage $4.3 billion in retirement assets for 52,000 employees. The deal includes 401(a) and 457(b) plans and leverages Voya’s No. 1 ranking in government 457(b) recordkeeping. Voya recently onboarded $35 billion in new government assets.

Voya extends Baker Botts 401(k) deal, manages $900m

Voya Financial extends its 401(k) recordkeeping contract with Baker Botts L.L.P., effective Aug. 1, 2026. The deal retains more than 1,800 participants and over $900 million in plan assets, marking more than 25 years of partnership between the financial services provider and the law firm.

TOMS Capital vows to press Voya board for strategic review despite proxy warning

TOMS Capital Investment Management LP, a 4.5% stakeholder in Voya Financial, has refused to back down from its no-confidence campaign against the company's board, despite Voya's public warning that TOMS circulated misleading proxy materials about a fictitious shareholder meeting. The dispute highlights ongoing governance tensions as TOMS pushes for strategic reviews while Voya defends its recent May 2026 annual meeting results.