Affiliated Managers Group, Inc. (NYSE:AMG – Free Report) – Equities research analysts at Zacks Research boosted their Q1 2025 earnings estimates for shares of Affiliated Managers Group in a research report issued on Tuesday, January 28th. Zacks Research analyst R. Department now anticipates that the asset manager will post earnings of $5.11 per share for the quarter, up from their previous forecast of $5.07. The consensus estimate for Affiliated Managers Group’s current full-year earnings is $20.90 per share. Zacks Research also issued estimates for Affiliated Managers Group’s Q2 2025 earnings at $4.97 EPS, Q4 2025 earnings at $7.17 EPS, FY2025 earnings at $22.75 EPS and FY2026 earnings at $26.55 EPS.
A number of other research firms have also recently issued reports on AMG. The Goldman Sachs Group cut shares of Affiliated Managers Group from a “buy” rating to a “neutral” rating and cut their target price for the company from $193.00 to $191.00 in a research note on Monday, January 6th. TD Cowen downgraded shares of Affiliated Managers Group from a “buy” rating to a “hold” rating and dropped their price target for the stock from $226.00 to $177.00 in a research note on Tuesday, November 5th. Deutsche Bank Aktiengesellschaft lifted their price target on shares of Affiliated Managers Group from $204.00 to $208.00 and gave the stock a “buy” rating in a research report on Monday, November 11th. Finally, Barrington Research decreased their price objective on Affiliated Managers Group from $210.00 to $200.00 and set an “outperform” rating for the company in a research report on Tuesday, November 5th. Four equities research analysts have rated the stock with a hold rating and two have given a buy rating to the company’s stock. Based on data from MarketBeat, Affiliated Managers Group currently has an average rating of “Hold” and an average target price of $195.40.
Affiliated Managers Group Stock Performance
NYSE:AMG opened at $189.65 on Friday. Affiliated Managers Group has a 52 week low of $147.13 and a 52 week high of $199.52. The company has a market capitalization of $5.73 billion, a price-to-earnings ratio of 12.37, a PEG ratio of 0.68 and a beta of 1.15. The company has a 50-day moving average of $185.70 and a 200-day moving average of $180.63.
Affiliated Managers Group (NYSE:AMG – Get Free Report) last posted its earnings results on Monday, November 4th. The asset manager reported $4.82 earnings per share for the quarter, missing the consensus estimate of $4.84 by ($0.02). The company had revenue of $525.20 million during the quarter, compared to analyst estimates of $521.87 million. Affiliated Managers Group had a return on equity of 16.76% and a net margin of 27.02%. The firm’s revenue for the quarter was up 1.7% compared to the same quarter last year. During the same quarter last year, the firm posted $4.08 earnings per share.
Affiliated Managers Group Announces Dividend
The company also recently declared a quarterly dividend, which was paid on Friday, November 29th. Stockholders of record on Thursday, November 14th were paid a $0.01 dividend. This represents a $0.04 dividend on an annualized basis and a dividend yield of 0.02%. The ex-dividend date was Thursday, November 14th. Affiliated Managers Group’s payout ratio is 0.26%.
Hedge Funds Weigh In On Affiliated Managers Group
Hedge funds have recently made changes to their positions in the stock. World Investment Advisors LLC acquired a new position in shares of Affiliated Managers Group during the 3rd quarter valued at $2,592,000. Asset Management One Co. Ltd. increased its position in shares of Affiliated Managers Group by 94.3% during the third quarter. Asset Management One Co. Ltd. now owns 10,594 shares of the asset manager’s stock valued at $1,884,000 after acquiring an additional 5,142 shares during the last quarter. Kovitz Investment Group Partners LLC purchased a new stake in shares of Affiliated Managers Group during the 3rd quarter valued at $543,000. Empirical Asset Management LLC increased its holdings in Affiliated Managers Group by 10,522.8% during the fourth quarter. Empirical Asset Management LLC now owns 190,360 shares of the asset manager’s stock worth $347,000 after buying an additional 188,568 shares during the last quarter. Finally, Weiss Asset Management LP purchased a new position in Affiliated Managers Group in the third quarter valued at approximately $2,130,000. 95.30% of the stock is currently owned by institutional investors.
About Affiliated Managers Group
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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