Affiliated Managers Group (NYSE:AMG – Free Report) had its price target lifted by Barrington Research from $285.00 to $295.00 in a research note published on Tuesday,Benzinga reports. The firm currently has an outperform rating on the asset manager’s stock. Barrington Research also issued estimates for Affiliated Managers Group’s Q4 2025 earnings at $8.62 EPS, FY2025 earnings at $25.31 EPS and FY2026 earnings at $28.98 EPS.
A number of other research analysts have also weighed in on AMG. The Goldman Sachs Group upped their price objective on Affiliated Managers Group from $240.00 to $280.00 and gave the stock a “buy” rating in a report on Monday, October 6th. Cowen upgraded shares of Affiliated Managers Group from a “hold” rating to a “buy” rating in a report on Monday, August 4th. Zacks Research cut shares of Affiliated Managers Group from a “strong-buy” rating to a “hold” rating in a research note on Friday, October 10th. Jefferies Financial Group restated a “buy” rating and set a $282.00 target price on shares of Affiliated Managers Group in a research report on Tuesday. Finally, Wall Street Zen cut shares of Affiliated Managers Group from a “buy” rating to a “hold” rating in a report on Saturday, October 18th. Eight equities research analysts have rated the stock with a Buy rating and one has assigned a Hold rating to the stock. According to MarketBeat.com, Affiliated Managers Group presently has an average rating of “Moderate Buy” and an average target price of $278.57.
Read Our Latest Analysis on AMG
Affiliated Managers Group Stock Up 0.8%
Affiliated Managers Group (NYSE:AMG – Get Free Report) last announced its quarterly earnings data on Monday, November 3rd. The asset manager reported $6.10 earnings per share for the quarter, beating analysts’ consensus estimates of $5.88 by $0.22. The company had revenue of $528.00 million for the quarter, compared to analyst estimates of $543.39 million. Affiliated Managers Group had a return on equity of 16.11% and a net margin of 21.79%.The firm’s revenue for the quarter was up 2.2% compared to the same quarter last year. During the same quarter in the previous year, the company earned $4.82 EPS. Equities research analysts anticipate that Affiliated Managers Group will post 22.86 EPS for the current year.
Affiliated Managers Group Dividend Announcement
The business also recently disclosed a quarterly dividend, which will be paid on Friday, November 28th. Investors of record on Thursday, November 13th will be given a dividend of $0.01 per share. This represents a $0.04 annualized dividend and a dividend yield of 0.0%. The ex-dividend date is Thursday, November 13th. Affiliated Managers Group’s payout ratio is currently 0.24%.
Insider Buying and Selling
In other Affiliated Managers Group news, COO Thomas M. Wojcik sold 16,000 shares of the stock in a transaction on Tuesday, September 9th. The stock was sold at an average price of $231.03, for a total transaction of $3,696,480.00. Following the sale, the chief operating officer owned 158,710 shares in the company, valued at approximately $36,666,771.30. This represents a 9.16% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this link. Company insiders own 4.20% of the company’s stock.
Institutional Trading of Affiliated Managers Group
A number of large investors have recently made changes to their positions in AMG. Procyon Advisors LLC raised its stake in Affiliated Managers Group by 3.1% in the 3rd quarter. Procyon Advisors LLC now owns 1,648 shares of the asset manager’s stock valued at $393,000 after purchasing an additional 50 shares during the last quarter. Millstone Evans Group LLC grew its holdings in shares of Affiliated Managers Group by 41.9% during the third quarter. Millstone Evans Group LLC now owns 176 shares of the asset manager’s stock worth $42,000 after buying an additional 52 shares in the last quarter. Redwood Investment Management LLC raised its position in shares of Affiliated Managers Group by 0.9% in the first quarter. Redwood Investment Management LLC now owns 7,775 shares of the asset manager’s stock valued at $1,306,000 after buying an additional 69 shares during the last quarter. Guinness Asset Management LTD raised its position in shares of Affiliated Managers Group by 2.4% in the second quarter. Guinness Asset Management LTD now owns 3,196 shares of the asset manager’s stock valued at $629,000 after buying an additional 74 shares during the last quarter. Finally, Northwestern Mutual Wealth Management Co. lifted its stake in shares of Affiliated Managers Group by 11.8% during the first quarter. Northwestern Mutual Wealth Management Co. now owns 737 shares of the asset manager’s stock valued at $124,000 after buying an additional 78 shares during the period. Institutional investors and hedge funds own 95.30% of the company’s stock.
Affiliated Managers Group Company Profile
Affiliated Managers Group, Inc, through its affiliates, operates as an investment management company providing investment management services to mutual funds, institutional clients,retails and high net worth individuals in the United States. It provides advisory or sub-advisory services to mutual funds.
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