Zacks Research Issues Optimistic Forecast for AMG Earnings

Affiliated Managers Group, Inc. (NYSE:AMG) – Equities research analysts at Zacks Research boosted their Q3 2026 EPS estimates for Affiliated Managers Group in a note issued to investors on Thursday, August 20th. Zacks Research analyst Team now expects that the asset manager will post earnings of $8.48 per share for the quarter, up from their prior estimate of $7.53. Zacks Research has a “Strong-Buy” rating on the stock. The consensus estimate for Affiliated Managers Group’s current full-year earnings is $36.69 per share.

AMG has been the subject of a number of other research reports. Wall Street Zen raised Affiliated Managers Group from a “buy” rating to a “strong-buy” rating in a research report on Saturday. Barrington Research set a $425.00 price objective on Affiliated Managers Group in a report on Friday, July 31st. Weiss Ratings reiterated a “buy (b)” rating on shares of Affiliated Managers Group in a report on Friday, June 26th. TD Cowen reissued a “buy” rating and set a $454.00 target price on shares of Affiliated Managers Group in a research report on Wednesday, May 13th. Finally, The Goldman Sachs Group restated a “buy” rating and issued a $405.00 price target on shares of Affiliated Managers Group in a report on Monday, May 4th. One investment analyst has rated the stock with a Strong Buy rating and seven have assigned a Buy rating to the company. Based on data from MarketBeat, the company currently has a consensus rating of “Buy” and an average price target of $370.86.

Affiliated Managers Group Trading Up 1.9%

AMG stock opened at $365.88 on Monday. The company has a quick ratio of 1.24, a current ratio of 1.24 and a debt-to-equity ratio of 0.76. The company has a market cap of $9.46 billion, a price-to-earnings ratio of 12.67, a PEG ratio of 0.49 and a beta of 1.11. The business has a fifty day simple moving average of $359.59 and a 200-day simple moving average of $320.95. Affiliated Managers Group has a 52 week low of $223.44 and a 52 week high of $392.92.

Affiliated Managers Group (NYSE:AMG) last posted its quarterly earnings results on Thursday, July 30th. The asset manager reported $8.29 earnings per share for the quarter, topping analysts’ consensus estimates of $7.90 by $0.39. Affiliated Managers Group had a net margin of 37.72% and a return on equity of 21.94%. The company had revenue of $640.70 million for the quarter, compared to the consensus estimate of $590.94 million. During the same quarter last year, the firm posted $5.39 earnings per share. Affiliated Managers Group’s revenue was up .0% on a year-over-year basis.

Institutional Trading of Affiliated Managers Group

Hedge funds and other institutional investors have recently modified their holdings of the business. Danske Bank A S acquired a new position in Affiliated Managers Group in the second quarter worth $622,000. Fisher Asset Management LLC raised its holdings in shares of Affiliated Managers Group by 19.7% during the fourth quarter. Fisher Asset Management LLC now owns 243,830 shares of the asset manager’s stock worth $70,291,000 after purchasing an additional 40,107 shares during the period. Sei Investments Co. lifted its position in shares of Affiliated Managers Group by 5.2% in the 1st quarter. Sei Investments Co. now owns 107,654 shares of the asset manager’s stock worth $29,787,000 after buying an additional 5,357 shares during the last quarter. Mitsubishi UFJ Trust & Banking Corp lifted its position in shares of Affiliated Managers Group by 20.8% in the 4th quarter. Mitsubishi UFJ Trust & Banking Corp now owns 24,774 shares of the asset manager’s stock worth $7,149,000 after buying an additional 4,258 shares during the last quarter. Finally, Y Intercept Hong Kong Ltd bought a new position in shares of Affiliated Managers Group in the 1st quarter worth about $7,164,000. 95.30% of the stock is owned by hedge funds and other institutional investors.

Insider Buying and Selling at Affiliated Managers Group

In related news, CEO Jay C. Horgen sold 17,500 shares of Affiliated Managers Group stock in a transaction on Monday, June 8th. The shares were sold at an average price of $338.27, for a total transaction of $5,919,725.00. Following the sale, the chief executive officer owned 204,706 shares of the company’s stock, valued at $69,245,898.62. The trade was a 7.88% decrease in their position. The transaction was disclosed in a filing with the SEC, which is accessible through the SEC website. Also, Director Annette Franqui acquired 750 shares of the business’s stock in a transaction on Monday, June 1st. The stock was purchased at an average price of $304.88 per share, for a total transaction of $228,660.00. Following the acquisition, the director directly owned 1,962 shares in the company, valued at $598,174.56. This represents a 61.88% increase in their ownership of the stock. Additional details regarding this purchase are available in the official SEC disclosure. 2.90% of the stock is currently owned by corporate insiders.

Affiliated Managers Group Dividend Announcement

The company also recently announced a quarterly dividend, which was paid on Monday, August 24th. Stockholders of record on Monday, August 10th were given a dividend of $0.01 per share. This represents a $0.04 dividend on an annualized basis and a dividend yield of 0.0%. The ex-dividend date of this dividend was Monday, August 10th. Affiliated Managers Group’s payout ratio is presently 0.14%.

Affiliated Managers Group Company Profile

Affiliated Managers Group, Inc (NYSE: AMG) is a global asset management holding company that partners with boutique investment firms. Founded in 1993 and headquartered in West Palm Beach, Florida, AMG invests in and collaborates with independent investment managers to foster growth while preserving their entrepreneurial culture. Through equity stakes and strategic support, the company aims to enhance its affiliates’ distribution capabilities, operational infrastructure and access to capital.

The company’s core business activities include providing capital solutions, distribution services and operational support to affiliated investment firms.