Affiliated Managers Group, Inc. (NYSE:AMG – Free Report) – Zacks Research reduced their Q1 2025 earnings per share (EPS) estimates for shares of Affiliated Managers Group in a research note issued on Monday, November 25th. Zacks Research analyst R. Department now anticipates that the asset manager will post earnings of $5.11 per share for the quarter, down from their previous estimate of $5.17. The consensus estimate for Affiliated Managers Group’s current full-year earnings is $21.01 per share. Zacks Research also issued estimates for Affiliated Managers Group’s Q2 2025 earnings at $5.06 EPS, Q3 2025 earnings at $5.99 EPS, Q4 2025 earnings at $7.30 EPS and FY2025 earnings at $23.47 EPS.
AMG has been the subject of a number of other reports. StockNews.com cut Affiliated Managers Group from a “buy” rating to a “hold” rating in a research note on Tuesday, July 30th. Bank of America upped their price target on Affiliated Managers Group from $200.00 to $201.00 and gave the company a “neutral” rating in a research note on Tuesday, July 30th. Deutsche Bank Aktiengesellschaft boosted their price objective on Affiliated Managers Group from $204.00 to $208.00 and gave the company a “buy” rating in a research report on Monday, November 11th. TD Cowen lowered Affiliated Managers Group from a “buy” rating to a “hold” rating and decreased their price objective for the company from $226.00 to $177.00 in a research report on Tuesday, November 5th. 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. Three analysts have rated the stock with a hold rating and two have assigned a buy rating to the company’s stock. According to MarketBeat.com, the company presently has a consensus rating of “Hold” and an average price target of $196.50.
Affiliated Managers Group Price Performance
Shares of AMG stock opened at $189.25 on Wednesday. The stock has a market cap of $5.72 billion, a PE ratio of 12.35, a price-to-earnings-growth ratio of 0.68 and a beta of 1.18. The stock has a 50-day moving average of $185.08 and a 200-day moving average of $171.46. Affiliated Managers Group has a one year low of $131.34 and a one year high of $199.52.
Affiliated Managers Group (NYSE:AMG – Get Free Report) last announced its quarterly earnings results on Monday, November 4th. The asset manager reported $4.82 EPS for the quarter, missing analysts’ consensus estimates of $4.84 by ($0.02). The company had revenue of $525.20 million during the quarter, compared to the consensus estimate of $521.87 million. Affiliated Managers Group had a net margin of 27.02% and a return on equity of 16.76%. The business’s revenue was up 1.7% compared to the same quarter last year. During the same period last year, the company earned $4.08 earnings per share.
Affiliated Managers Group Dividend Announcement
The company also recently declared a quarterly dividend, which will be paid on Friday, November 29th. Shareholders of record on Thursday, November 14th will be given a dividend of $0.01 per share. This represents a $0.04 dividend on an annualized basis and a yield of 0.02%. The ex-dividend date is Thursday, November 14th. Affiliated Managers Group’s dividend payout ratio (DPR) is currently 0.26%.
Institutional Investors Weigh In On Affiliated Managers Group
A number of institutional investors and hedge funds have recently made changes to their positions in AMG. Ariel Investments LLC raised its stake in shares of Affiliated Managers Group by 8.7% during the 2nd quarter. Ariel Investments LLC now owns 1,442,817 shares of the asset manager’s stock worth $225,411,000 after purchasing an additional 115,808 shares in the last quarter. Goodman Financial Corp bought a new stake in shares of Affiliated Managers Group during the 3rd quarter worth approximately $14,035,000. Victory Capital Management Inc. raised its stake in shares of Affiliated Managers Group by 150.1% during the 2nd quarter. Victory Capital Management Inc. now owns 99,407 shares of the asset manager’s stock worth $15,530,000 after purchasing an additional 59,659 shares in the last quarter. Barclays PLC raised its stake in shares of Affiliated Managers Group by 261.0% during the 3rd quarter. Barclays PLC now owns 76,488 shares of the asset manager’s stock worth $13,600,000 after purchasing an additional 55,302 shares in the last quarter. Finally, Bank of Montreal Can raised its stake in shares of Affiliated Managers Group by 328.2% during the 3rd quarter. Bank of Montreal Can now owns 70,457 shares of the asset manager’s stock worth $12,420,000 after purchasing an additional 54,003 shares in the last quarter. Institutional investors own 95.30% of the company’s stock.
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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