Andersen Group (NYSE:ANDG) Price Target Raised to $55.00

Andersen Group (NYSE:ANDG) had its price objective upped by Truist Financial from $42.00 to $55.00 in a research note issued to investors on Thursday, Marketbeat Ratings reports. Truist Financial currently has a buy rating on the stock.

A number of other research analysts also recently issued reports on the stock. Weiss Ratings upgraded shares of Andersen Group from a “sell (e)” rating to a “sell (e+)” rating in a research report on Monday, June 1st. Morgan Stanley raised their price target on shares of Andersen Group from $24.00 to $27.00 and gave the stock an “equal weight” rating in a report on Wednesday, May 13th. UBS Group lifted their price target on shares of Andersen Group from $34.00 to $42.00 and gave the company a “buy” rating in a research note on Thursday, May 14th. Robert W. Baird upped their price objective on shares of Andersen Group from $42.00 to $44.00 and gave the company an “outperform” rating in a report on Wednesday, May 13th. Finally, Deutsche Bank Aktiengesellschaft reissued a “buy” rating and set a $41.00 price objective on shares of Andersen Group in a research report on Wednesday, May 13th. One investment analyst has rated the stock with a Strong Buy rating, four have assigned a Buy rating, three have issued a Hold rating and one has issued a Sell rating to the company’s stock. According to data from MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and a consensus price target of $52.17.

Andersen Group Trading Up 1.1%

Shares of ANDG stock opened at $48.82 on Thursday. Andersen Group has a fifty-two week low of $18.12 and a fifty-two week high of $50.76. The company has a debt-to-equity ratio of 7.82, a quick ratio of 2.36 and a current ratio of 2.19. The stock has a 50 day simple moving average of $41.84 and a two-hundred day simple moving average of $33.43. The company has a market cap of $5.51 billion and a P/E ratio of 287.19.

Andersen Group (NYSE:ANDG) last posted its quarterly earnings results on Wednesday, August 12th. The company reported ($0.09) earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of ($0.16) by $0.07. The business had revenue of $217.66 million for the quarter. Research analysts forecast that Andersen Group will post 0.73 earnings per share for the current year.

Insider Buying and Selling at Andersen Group

In other news, major shareholder Durable Capital Partners Lp sold 336,736 shares of the stock in a transaction dated 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 sale, the insider owned 1,333,749 shares in the company, valued at $53,363,297.49. This represents a 20.16% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is available at this hyperlink. Also, Director Robert V. Gunderson, Jr. purchased 2,367 shares of the company’s stock in a transaction that occurred on Wednesday, May 20th. The shares were purchased at an average cost of $35.82 per share, for a total transaction of $84,785.94. Following the completion of the transaction, the director directly owned 15,000 shares of the company’s stock, valued at $537,300. This represents a 18.74% increase in their ownership of the stock. The SEC filing for this purchase provides additional information. Corporate insiders own 13.00% of the company’s stock.

Hedge Funds Weigh In On Andersen Group

A number of hedge funds and other institutional investors have recently modified their holdings of the business. Allspring Global Investments Holdings LLC increased its position in shares of Andersen Group by 1.0% during 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. Wells Fargo & Company MN purchased a new position in Andersen Group in the fourth quarter worth $46,000. Bank of New York Mellon Corp grew its stake in Andersen Group by 47.0% in the 1st quarter. Bank of New York Mellon Corp now owns 18,636 shares of the company’s stock valued at $507,000 after purchasing an additional 5,962 shares during the period. PNC Financial Services Group Inc. purchased a new stake in shares of Andersen Group during the 4th quarter valued at $215,000. Finally, Barclays PLC purchased a new stake in shares of Andersen Group during the 4th quarter valued at $218,000.

Andersen Group News Roundup

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.