Thrivent Financial for Lutherans Sells 60,076 Shares of Ameriprise Financial, Inc. $AMP

Thrivent Financial for Lutherans trimmed its holdings in shares of Ameriprise Financial, Inc. (NYSE:AMP) by 16.8% in the third quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund owned 296,820 shares of the financial services provider’s stock after selling 60,076 shares during the quarter. Thrivent Financial for Lutherans’ holdings in Ameriprise Financial were worth $145,812,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors have also bought and sold shares of the company. Linden Thomas Advisory Services LLC raised its stake in shares of Ameriprise Financial by 0.5% during the 2nd quarter. Linden Thomas Advisory Services LLC now owns 4,096 shares of the financial services provider’s stock worth $2,186,000 after purchasing an additional 20 shares during the period. Pinnacle Wealth Management Advisory Group LLC increased its holdings in Ameriprise Financial by 2.9% during the second quarter. Pinnacle Wealth Management Advisory Group LLC now owns 733 shares of the financial services provider’s stock worth $391,000 after buying an additional 21 shares during the last quarter. CreativeOne Wealth LLC raised its position in Ameriprise Financial by 2.3% in the second quarter. CreativeOne Wealth LLC now owns 932 shares of the financial services provider’s stock worth $497,000 after acquiring an additional 21 shares during the period. Rexford Capital Inc. grew its position in shares of Ameriprise Financial by 20.6% during the 3rd quarter. Rexford Capital Inc. now owns 123 shares of the financial services provider’s stock valued at $60,000 after acquiring an additional 21 shares during the period. Finally, Mutual Advisors LLC increased its stake in shares of Ameriprise Financial by 4.5% during the 2nd quarter. Mutual Advisors LLC now owns 511 shares of the financial services provider’s stock worth $266,000 after purchasing an additional 22 shares during the last quarter. Hedge funds and other institutional investors own 83.95% of the company’s stock.

Analysts Set New Price Targets

AMP has been the subject of several research reports. Weiss Ratings reissued a “buy (b-)” rating on shares of Ameriprise Financial in a report on Monday, December 29th. Royal Bank Of Canada cut their price target on Ameriprise Financial from $601.00 to $550.00 and set an “outperform” rating for the company in a research note on Monday, November 3rd. Piper Sandler upgraded Ameriprise Financial from an “underweight” rating to a “neutral” rating and boosted their price objective for the company from $434.00 to $530.00 in a research note on Friday. Evercore ISI cut their target price on shares of Ameriprise Financial from $587.00 to $570.00 and set an “in-line” rating for the company in a research report on Thursday, October 9th. Finally, Argus lowered their price target on shares of Ameriprise Financial from $568.00 to $554.00 and set a “buy” rating on the stock in a research report on Thursday, November 13th. One analyst has rated the stock with a Strong Buy rating, three have issued a Buy rating, five have issued a Hold rating and one has issued a Sell rating to the company’s stock. According to data from MarketBeat, the company has an average rating of “Hold” and an average price target of $540.75.

Ameriprise Financial Stock Up 1.1%

AMP stock opened at $527.09 on Friday. The stock has a 50-day simple moving average of $491.17 and a two-hundred day simple moving average of $491.97. Ameriprise Financial, Inc. has a twelve month low of $396.14 and a twelve month high of $552.43. The firm has a market capitalization of $48.97 billion, a PE ratio of 14.50, a PEG ratio of 1.34 and a beta of 1.26. The company has a quick ratio of 0.68, a current ratio of 0.68 and a debt-to-equity ratio of 0.86.

Ameriprise Financial (NYSE:AMP) last released its quarterly earnings data on Thursday, January 29th. The financial services provider reported $10.83 EPS for the quarter, beating analysts’ consensus estimates of $10.33 by $0.50. The company had revenue of $4.90 billion during the quarter, compared to analyst estimates of $4.75 billion. Ameriprise Financial had a net margin of 19.28% and a return on equity of 63.04%. Ameriprise Financial’s revenue was up 10.2% compared to the same quarter last year. During the same period last year, the business earned $9.54 earnings per share. On average, equities analysts predict that Ameriprise Financial, Inc. will post 38.64 EPS for the current fiscal year.

Ameriprise Financial Announces Dividend

The company also recently declared a quarterly dividend, which will be paid on Friday, February 27th. Shareholders of record on Monday, February 9th will be issued a $1.60 dividend. This represents a $6.40 annualized dividend and a yield of 1.2%. The ex-dividend date of this dividend is Monday, February 9th. Ameriprise Financial’s dividend payout ratio (DPR) is presently 17.60%.

Key Ameriprise Financial News

Here are the key news stories impacting Ameriprise Financial this week:

• Positive Sentiment: Q4 earnings and revenue beat — Ameriprise reported adjusted EPS of $10.83 and revenue of $4.90B, both topping estimates, with record fee‑generating client assets (AUM/AUA) cited as a driver of revenue and profit growth; this is the main catalyst lifting the stock. Ameriprise Financial Reports Fourth Quarter and Full Year 2025 Results
• Positive Sentiment: Record client assets and improved margins — Management said client assets hit a record (reported as ~$1.7T) and highlighted expense discipline and margin strength, reinforcing earnings durability and growth potential. Reuters: Profit rises as client assets hit record
• Positive Sentiment: Dividend declared — Board approved a $1.60 quarterly dividend (ex-dividend Feb 9, payable Feb 27), supporting income investors and signaling confidence in cash flow. Dividend press release
• Neutral Sentiment: Analyst upgrade to neutral — Piper Sandler moved AMP from Underweight to Neutral and raised its price target to $530, reflecting improved fundamentals but stopping short of a Buy, so impact is modest. Benzinga: Piper Sandler upgrade
• Neutral Sentiment: Supporting analyst write‑ups and coverage — Multiple outlets (Zacks, Investing, Seeking Alpha) published earnings analysis and the earnings call transcript/slides are available for deeper diligence; these help investors assess sustainability but are not new catalysts. Zacks earnings coverage
• Negative Sentiment: Limited near-term upside implied by some coverage — Piper Sandler’s $530 target is only marginally above the current price, suggesting limited immediate upside from that shop’s outlook and tempering how much higher the stock may run absent stronger forward guidance. Finviz summary

Insider Activity at Ameriprise Financial

In other news, Director Robert Francis Sharpe, Jr. sold 1,500 shares of the company’s stock in a transaction on Friday, November 21st. The shares were sold at an average price of $450.94, for a total value of $676,410.00. Following the transaction, the director owned 7,500 shares of the company’s stock, valued at approximately $3,382,050. This represents a 16.67% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which can be accessed through the SEC website. 0.73% of the stock is owned by company insiders.

About Ameriprise Financial

Ameriprise Financial, Inc is a diversified financial services company headquartered in Minneapolis, Minnesota. The firm provides a range of advice-based wealth management, asset management and insurance products to individual and institutional clients. Its business model centers on delivering financial planning and investment advice through a network of financial advisors alongside proprietary product offerings designed to meet retirement, protection and accumulation needs.

Core products and services include comprehensive financial planning and advisory services, managed investment portfolios, retirement planning solutions, annuities and life insurance products.