Affiliated Managers Group (NYSE:AMG) Downgraded by Zacks Research to “Hold”

Affiliated Managers Group (NYSE:AMG) was downgraded by analysts at Zacks Research from a “strong-buy” rating to a “hold” rating in a research report issued to clients and investors on Monday,Zacks.com reports. Zacks Research also issued estimates for Affiliated Managers Group’s Q1 2026 earnings at $6.40 EPS, Q2 2026 earnings at $6.08 EPS, Q3 2026 earnings at $6.43 EPS, Q4 2026 earnings at $8.96 EPS, FY2026 earnings at $27.88 EPS, Q1 2027 earnings at $7.00 EPS, Q2 2027 earnings at $7.34 EPS, Q3 2027 earnings at $7.96 EPS and FY2027 earnings at $32.20 EPS.

AMG has been the topic of a number of other reports. Barrington Research increased their price target on Affiliated Managers Group from $285.00 to $295.00 and gave the stock an “outperform” rating in a research report on Tuesday, November 4th. UBS Group set a $295.00 target price on Affiliated Managers Group in a report on Tuesday, November 4th. Weiss Ratings reaffirmed a “buy (b-)” rating on shares of Affiliated Managers Group in a report on Wednesday, October 8th. Jefferies Financial Group reissued a “buy” rating and set a $282.00 price objective on shares of Affiliated Managers Group in a report on Tuesday, November 4th. Finally, Wall Street Zen downgraded shares of Affiliated Managers Group from a “buy” rating to a “hold” rating in a research note on Saturday. Seven analysts have rated the stock with a Buy rating and one has issued a Hold rating to the stock. Based on data from MarketBeat.com, the stock has an average rating of “Moderate Buy” and an average target price of $328.67.

Affiliated Managers Group Stock Down 0.8%

AMG opened at $273.29 on Monday. The firm has a market cap of $7.69 billion, a price-to-earnings ratio of 16.28, a PEG ratio of 0.62 and a beta of 1.22. The company has a debt-to-equity ratio of 0.56, a quick ratio of 1.30 and a current ratio of 1.30. The firm’s 50-day simple moving average is $254.97 and its 200-day simple moving average is $227.85. Affiliated Managers Group has a twelve month low of $139.22 and a twelve month high of $283.21.

Affiliated Managers Group (NYSE:AMG) last released its quarterly earnings results on Monday, November 3rd. The asset manager reported $6.10 EPS for the quarter, beating analysts’ consensus estimates of $5.88 by $0.22. The firm had revenue of $528.00 million for the quarter, compared to analyst estimates of $543.39 million. Affiliated Managers Group had a net margin of 26.01% and a return on equity of 16.75%. The company’s revenue for the quarter was up 2.2% compared to the same quarter last year. During the same period in the previous year, the business earned $4.82 earnings per share. Equities research analysts anticipate that Affiliated Managers Group will post 22.86 EPS for the current fiscal year.

Institutional Investors Weigh In On Affiliated Managers Group

Several institutional investors have recently modified their holdings of the business. Clarkston Capital Partners LLC lifted its holdings in Affiliated Managers Group by 0.8% in the first quarter. Clarkston Capital Partners LLC now owns 1,585,324 shares of the asset manager’s stock valued at $266,382,000 after buying an additional 13,135 shares during the period. Millennium Management LLC raised its position in shares of Affiliated Managers Group by 314.3% during the 1st quarter. Millennium Management LLC now owns 1,265,655 shares of the asset manager’s stock valued at $212,668,000 after acquiring an additional 960,158 shares during the last quarter. Boston Partners raised its position in shares of Affiliated Managers Group by 2.1% during the 3rd quarter. Boston Partners now owns 1,157,344 shares of the asset manager’s stock valued at $275,957,000 after acquiring an additional 24,217 shares during the last quarter. Dimensional Fund Advisors LP lifted its stake in shares of Affiliated Managers Group by 1.2% in the 3rd quarter. Dimensional Fund Advisors LP now owns 684,116 shares of the asset manager’s stock valued at $163,113,000 after purchasing an additional 7,891 shares during the period. Finally, LSV Asset Management boosted its position in shares of Affiliated Managers Group by 0.7% in the 3rd quarter. LSV Asset Management now owns 479,624 shares of the asset manager’s stock worth $114,357,000 after purchasing an additional 3,400 shares during the last quarter. Institutional investors and hedge funds 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.