Ameriprise Financial (NYSE:AMP) Upgraded to “Neutral” at Piper Sandler

Piper Sandler upgraded shares of Ameriprise Financial (NYSE:AMPFree Report) from an underweight rating to a neutral rating in a research note issued to investors on Friday morning, Marketbeat Ratings reports. The firm currently has $530.00 target price on the financial services provider’s stock, up from their previous target price of $434.00.

A number of other equities research analysts also recently issued reports on AMP. Morgan Stanley increased their price objective on shares of Ameriprise Financial from $484.00 to $485.00 and gave the stock an “underweight” rating in a research note on Monday, December 22nd. Royal Bank Of Canada reduced their price target on shares of Ameriprise Financial from $601.00 to $550.00 and set an “outperform” rating on the stock in a research report on Monday, November 3rd. Argus lowered their price objective on shares of Ameriprise Financial from $568.00 to $554.00 and set a “buy” rating for the company in a research report on Thursday, November 13th. Evercore ISI cut their target price on Ameriprise Financial from $587.00 to $570.00 and set an “in-line” rating for the company in a research note on Thursday, October 9th. Finally, BMO Capital Markets began coverage on Ameriprise Financial in a research note on Friday, October 3rd. They issued a “market perform” rating and a $525.00 price target on the stock. One research analyst has rated the stock with a Strong Buy rating, three have given a Buy rating, five have issued a Hold rating and one has issued a Sell rating to the company’s stock. According to MarketBeat.com, Ameriprise Financial has a consensus rating of “Hold” and an average price target of $540.75.

Get Our Latest Stock Report on AMP

Ameriprise Financial Trading Up 1.1%

Shares of NYSE:AMP opened at $527.09 on Friday. The company has a market capitalization of $48.97 billion, a P/E ratio of 14.50, a P/E/G ratio of 1.34 and a beta of 1.26. Ameriprise Financial has a 1 year low of $396.14 and a 1 year high of $552.43. The company has a debt-to-equity ratio of 0.86, a current ratio of 0.68 and a quick ratio of 0.68. The business’s 50 day simple moving average is $491.17 and its 200 day simple moving average is $492.19.

Ameriprise Financial (NYSE:AMPGet Free Report) last released its earnings results on Thursday, January 29th. The financial services provider reported $10.83 earnings per share for the quarter, beating analysts’ consensus estimates of $10.33 by $0.50. The firm had revenue of $4.90 billion during the quarter, compared to the consensus estimate of $4.75 billion. Ameriprise Financial had a return on equity of 63.04% and a net margin of 19.28%.The company’s revenue was up 10.2% compared to the same quarter last year. During the same period in the prior year, the company posted $9.54 EPS. On average, research analysts anticipate that Ameriprise Financial will post 38.64 EPS for the current fiscal year.

Ameriprise Financial Dividend Announcement

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

Insider Transactions at Ameriprise Financial

In other Ameriprise Financial news, Director Robert Francis Sharpe, Jr. sold 1,500 shares of the company’s stock in a transaction dated Friday, November 21st. The stock was sold at an average price of $450.94, for a total value of $676,410.00. Following the completion of the transaction, the director owned 7,500 shares of the company’s stock, valued at $3,382,050. This represents a 16.67% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. 0.73% of the stock is currently owned by insiders.

Institutional Inflows and Outflows

Several institutional investors and hedge funds have recently made changes to their positions in AMP. Whipplewood Advisors LLC grew its holdings in Ameriprise Financial by 71.0% during the 2nd quarter. Whipplewood Advisors LLC now owns 53 shares of the financial services provider’s stock worth $28,000 after acquiring an additional 22 shares during the last quarter. Salomon & Ludwin LLC raised its stake in shares of Ameriprise Financial by 115.4% during the second quarter. Salomon & Ludwin LLC now owns 56 shares of the financial services provider’s stock valued at $30,000 after acquiring an additional 30 shares during the last quarter. Holos Integrated Wealth LLC acquired a new position in shares of Ameriprise Financial during the fourth quarter worth $30,000. Winnow Wealth LLC bought a new stake in shares of Ameriprise Financial in the second quarter worth $32,000. Finally, Heartwood Wealth Advisors LLC acquired a new stake in Ameriprise Financial in the third quarter valued at $32,000. Institutional investors and hedge funds own 83.95% of the company’s stock.

Key Stories Impacting Ameriprise Financial

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

About Ameriprise Financial

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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.

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Analyst Recommendations for Ameriprise Financial (NYSE:AMP)

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