Andersen Group (NYSE:ANDG) Price Target Raised to $49.00

Andersen Group (NYSE:ANDG) had its price objective increased by Wells Fargo & Company from $38.00 to $49.00 in a research note published on Thursday morning,Benzinga reports. Wells Fargo & Company currently has an equal weight rating on the stock.

ANDG has been the subject of a number of other reports. UBS Group boosted their price objective on Andersen Group from $34.00 to $42.00 and gave the stock a “buy” rating in a research report on Thursday, May 14th. Deutsche Bank Aktiengesellschaft reaffirmed a “buy” rating and issued a $41.00 target price on shares of Andersen Group in a report on Wednesday, May 13th. Robert W. Baird lifted their price target on shares of Andersen Group from $44.00 to $57.00 and gave the stock an “outperform” rating in a research note on Thursday. Weiss Ratings upgraded shares of Andersen Group from a “sell (e)” rating to a “sell (e+)” rating in a report on Monday, June 1st. Finally, Truist Financial increased their price objective on shares of Andersen Group from $42.00 to $55.00 and gave the company a “buy” rating in a research report on Thursday. One analyst has rated the stock with a Strong Buy rating, four have given a Buy rating, three have given a Hold rating and one has assigned a Sell rating to the company’s stock. According to data from MarketBeat, the company presently has an average rating of “Moderate Buy” and a consensus target price of $52.17.

Andersen Group Trading Up 1.1%

NYSE:ANDG opened at $48.82 on Thursday. Andersen Group has a 12-month low of $18.12 and a 12-month high of $50.76. The firm has a market cap of $5.51 billion and a PE ratio of 287.19. The company has a current ratio of 2.19, a quick ratio of 2.36 and a debt-to-equity ratio of 7.82. The stock has a fifty day moving average price of $41.84 and a 200 day moving average price of $33.43.

Andersen Group (NYSE:ANDG) last issued its quarterly earnings results on Wednesday, August 12th. The company reported ($0.09) earnings per share for the quarter, topping the consensus estimate of ($0.16) by $0.07. The company had revenue of $217.66 million for the quarter. Sell-side analysts anticipate that Andersen Group will post 0.73 earnings per share for the current fiscal year.

Insider Transactions at Andersen Group

In other Andersen Group news, Director Robert V. Gunderson, Jr. bought 2,367 shares of the firm’s stock in a transaction that occurred on Wednesday, May 20th. The stock was purchased at an average price of $35.82 per share, for a total transaction of $84,785.94. Following the completion of the purchase, the director directly owned 15,000 shares in the company, valued at $537,300. This trade represents a 18.74% increase in their ownership of the stock. The acquisition was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, major shareholder Durable Capital Partners Lp sold 336,736 shares of the company’s stock in a transaction that occurred on Tuesday, July 7th. The shares were sold at an average price of $40.01, for a total value of $13,472,807.36. Following the completion of the transaction, the insider directly owned 1,333,749 shares of the company’s stock, valued at $53,363,297.49. This trade represents a 20.16% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Corporate insiders own 13.00% of the company’s stock.

Institutional Trading of Andersen Group

Institutional investors have recently modified their holdings of the stock. Bank of America Corp DE boosted its holdings in shares of Andersen Group by 512.0% in the 1st quarter. Bank of America Corp DE now owns 12,852 shares of the company’s stock valued at $350,000 after buying an additional 10,752 shares in the last quarter. Renaissance Technologies LLC acquired a new stake in Andersen Group during the 1st quarter worth $1,686,000. Sei Investments Co. lifted its position in Andersen Group by 96.3% in the first quarter. Sei Investments Co. now owns 121,649 shares of the company’s stock valued at $3,309,000 after acquiring an additional 59,693 shares during the last quarter. Allspring Global Investments Holdings LLC lifted its position in Andersen Group by 1.0% in the first quarter. Allspring Global Investments Holdings LLC now owns 130,856 shares of the company’s stock valued at $3,559,000 after acquiring an additional 1,267 shares during the last quarter. Finally, Bank of New York Mellon Corp boosted its stake in Andersen Group by 47.0% in the first quarter. Bank of New York Mellon Corp now owns 18,636 shares of the company’s stock valued at $507,000 after acquiring an additional 5,962 shares in the last quarter.

More Andersen Group News

Here are the key news stories impacting Andersen Group this week:

• Positive Sentiment: Strong second-quarter performance: Andersen reported record Q2 revenue of $217.7 million and adjusted EPS of negative $0.09, beating the consensus estimate of negative $0.16. The results indicate better-than-expected profitability despite the reported loss. Andersen Group earnings report
• Positive Sentiment: Full-year outlook reaffirmed: Management maintained its 2026 revenue forecast of $980 million to $1 billion and adjusted EBITDA margin guidance of 22% to 23%, reducing concerns about a near-term deterioration in operating performance. Andersen reaffirms 2026 guidance
• Positive Sentiment: Analysts raised targets: Robert W. Baird increased its target from $44 to $57 and upgraded or maintained an “outperform” view, while Truist lifted its target from $42 to $55 and kept a “buy” rating. These revisions suggest improving confidence in Andersen’s earnings trajectory. Analyst price-target changes
• Neutral Sentiment: More cautious analyst view: Wells Fargo raised its target from $38 to $49 but retained an “equal weight” rating, implying limited expected upside from recent levels and a more balanced risk-reward assessment. Wells Fargo Andersen Group coverage
• Neutral Sentiment: Growth mix bears watching: The company said inorganic revenue growth is slowing. While overall guidance was reaffirmed, investors may monitor whether acquisition-related growth moderates further. Q2 2026 earnings call transcript

Andersen Group Company Profile

Our mission is to deliver exceptional client service grounded in integrity, transparency, and excellence. Since our founding in 2002, we have experienced rapid and sustained growth, powered by our people, our values and our relentless commitment to innovative, client-focused solutions. Building on the rich traditions and culture of the former Arthur Andersen, we are driven by a bold vision to lead in a complex global marketplace, creating lasting value for our clients, our people and our investors.