Affiliated Managers Group (NYSE:AMG) Lowered to “Hold” Rating by Zacks Research

Zacks Research downgraded shares of Affiliated Managers Group (NYSE:AMG) from a strong-buy rating to a hold rating in a research report report published on Monday morning,Zacks.com reports. Zacks Research also issued estimates for Affiliated Managers Group’s Q1 2026 earnings at $6.40 EPS, Q2 2026 earnings at $6.08 EPS, Q3 2026 earnings at $6.43 EPS, Q4 2026 earnings at $8.96 EPS, FY2026 earnings at $27.88 EPS, Q1 2027 earnings at $7.00 EPS, Q2 2027 earnings at $7.34 EPS, Q3 2027 earnings at $7.96 EPS and FY2027 earnings at $32.20 EPS.

A number of other analysts have also recently weighed in on AMG. Jefferies Financial Group reaffirmed a “buy” rating and set a $282.00 price target on shares of Affiliated Managers Group in a research report on Tuesday, November 4th. Weiss Ratings restated a “buy (b-)” rating on shares of Affiliated Managers Group in a research report on Wednesday, October 8th. TD Cowen raised their price target on shares of Affiliated Managers Group to $485.00 and gave the stock a “buy” rating in a report on Monday. Bank of America boosted their price objective on shares of Affiliated Managers Group to $335.00 and gave the stock a “buy” rating in a research note on Thursday, October 2nd. Finally, Barrington Research raised their price objective on Affiliated Managers Group from $285.00 to $295.00 and gave the stock an “outperform” rating in a research report on Tuesday, November 4th. Seven analysts have rated the stock with a Buy rating and one has given a Hold rating to the stock. According to MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy” and an average target price of $328.67.

Affiliated Managers Group Trading Down 0.8%

Shares of NYSE AMG opened at $273.29 on Monday. Affiliated Managers Group has a twelve month low of $139.22 and a twelve month high of $283.21. The stock has a fifty day simple moving average of $254.97 and a 200-day simple moving average of $227.85. The stock has a market capitalization of $7.69 billion, a PE ratio of 16.28, a PEG ratio of 0.62 and a beta of 1.22. The company has a current ratio of 1.30, a quick ratio of 1.30 and a debt-to-equity ratio of 0.56.

Affiliated Managers Group (NYSE:AMG) last released its quarterly earnings data on Monday, November 3rd. The asset manager reported $6.10 EPS for the quarter, beating analysts’ consensus estimates of $5.88 by $0.22. Affiliated Managers Group had a return on equity of 16.75% and a net margin of 26.01%.The business had revenue of $528.00 million for the quarter, compared to the consensus estimate of $543.39 million. During the same quarter in the prior year, the business posted $4.82 EPS. The business’s revenue for the quarter was up 2.2% on a year-over-year basis. On average, equities analysts forecast that Affiliated Managers Group will post 22.86 earnings per share for the current year.

Affiliated Managers Group Dividend Announcement

The business also recently declared a quarterly dividend, which was paid on Friday, November 28th. Stockholders of record on Thursday, November 13th were paid 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 of this dividend was Thursday, November 13th. Affiliated Managers Group’s dividend payout ratio is 0.24%.

Institutional Inflows and Outflows

A number of hedge funds have recently bought and sold shares of the company. US Bancorp DE raised its holdings in Affiliated Managers Group by 1.4% during the 3rd quarter. US Bancorp DE now owns 3,561 shares of the asset manager’s stock worth $849,000 after purchasing an additional 49 shares during the last quarter. Procyon Advisors LLC raised its stake in Affiliated Managers Group by 3.1% during the third quarter. Procyon Advisors LLC now owns 1,648 shares of the asset manager’s stock worth $393,000 after buying an additional 50 shares during the last quarter. Millstone Evans Group LLC lifted its holdings in Affiliated Managers Group by 41.9% in the third quarter. Millstone Evans Group LLC now owns 176 shares of the asset manager’s stock valued at $42,000 after buying an additional 52 shares during the period. Quadrant Capital Group LLC boosted its position in Affiliated Managers Group by 2.1% during the third quarter. Quadrant Capital Group LLC now owns 3,174 shares of the asset manager’s stock valued at $757,000 after acquiring an additional 64 shares during the last quarter. Finally, Glenmede Investment Management LP raised its position in shares of Affiliated Managers Group by 3.9% in the 3rd quarter. Glenmede Investment Management LP now owns 1,792 shares of the asset manager’s stock worth $427,000 after acquiring an additional 67 shares in the last quarter. 95.30% of the stock is currently owned by institutional investors.

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.