Zacks Research Has Bullish Forecast for AMG Q3 Earnings

Affiliated Managers Group, Inc. (NYSE:AMG) – Zacks Research upped their Q3 2026 earnings per share estimates for shares of Affiliated Managers Group in a report issued on Thursday, August 20th. Zacks Research analyst Team now anticipates that the asset manager will earn $8.48 per share for the quarter, up from their prior forecast of $7.53. Zacks Research has a “Strong-Buy” rating on the stock. The consensus estimate for Affiliated Managers Group’s current full-year earnings is $36.69 per share.

Affiliated Managers Group (NYSE:AMG) last issued its quarterly earnings results on Thursday, July 30th. The asset manager reported $8.29 EPS for the quarter, beating analysts’ consensus estimates of $7.90 by $0.39. Affiliated Managers Group had a net margin of 37.72% and a return on equity of 21.94%. The business had revenue of $640.70 million for the quarter, compared to analysts’ expectations of $590.94 million. During the same period last year, the business earned $5.39 earnings per share. The business’s quarterly revenue was up .0% on a year-over-year basis.

AMG has been the subject of a number of other research reports. Deutsche Bank Aktiengesellschaft reaffirmed a “buy” rating and issued a $400.00 price target on shares of Affiliated Managers Group in a research note on Monday, May 4th. Wall Street Zen upgraded shares of Affiliated Managers Group from a “buy” rating to a “strong-buy” rating in a research report on Saturday. Weiss Ratings restated a “buy (b)” rating on shares of Affiliated Managers Group in a report on Friday, June 26th. TD Cowen reiterated a “buy” rating and set a $454.00 target price on shares of Affiliated Managers Group in a report on Wednesday, May 13th. Finally, Barrington Research set a $425.00 target price on shares of Affiliated Managers Group in a report on Friday, July 31st. One investment analyst has rated the stock with a Strong Buy rating and seven have assigned a Buy rating to the company. According to data from MarketBeat, the company presently has a consensus rating of “Buy” and a consensus target price of $370.86.

Affiliated Managers Group Price Performance

Shares of Affiliated Managers Group stock opened at $359.08 on Monday. The company’s fifty day simple moving average is $359.42 and its two-hundred day simple moving average is $320.56. Affiliated Managers Group has a 12-month low of $223.44 and a 12-month high of $392.92. The firm has a market cap of $9.29 billion, a PE ratio of 12.44, a price-to-earnings-growth ratio of 0.48 and a beta of 1.11. The company has a quick ratio of 1.24, a current ratio of 1.24 and a debt-to-equity ratio of 0.76.

Affiliated Managers Group Announces Dividend

The business also recently disclosed a quarterly dividend, which was paid on Monday, August 24th. Stockholders of record on Monday, August 10th were issued a dividend of $0.01 per share. This represents a $0.04 annualized dividend and a dividend yield of 0.0%. The ex-dividend date of this dividend was Monday, August 10th. Affiliated Managers Group’s payout ratio is presently 0.14%.

Insider Buying and Selling

In other news, Director Annette Franqui acquired 750 shares of the business’s stock in a transaction that occurred on Monday, June 1st. The stock was bought at an average price of $304.88 per share, with a total value of $228,660.00. Following the completion of the acquisition, the director directly owned 1,962 shares of the company’s stock, valued at approximately $598,174.56. The trade was a 61.88% increase in their position. The purchase was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. Also, CEO Jay C. Horgen sold 17,500 shares of the stock in a transaction dated Monday, June 8th. The shares were sold at an average price of $338.27, for a total value of $5,919,725.00. Following the completion of the transaction, the chief executive officer directly owned 204,706 shares in the company, valued at approximately $69,245,898.62. This represents a 7.88% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. 2.90% of the stock is owned by corporate insiders.

Hedge Funds Weigh In On Affiliated Managers Group

Several institutional investors have recently made changes to their positions in AMG. California State Teachers Retirement System grew its position in shares of Affiliated Managers Group by 30,051.3% during the 2nd quarter. California State Teachers Retirement System now owns 9,905,306 shares of the asset manager’s stock valued at $3,351,956,000 after acquiring an additional 9,872,454 shares during the period. Wedmont Private Capital boosted its stake in shares of Affiliated Managers Group by 5.3% in the second quarter. Wedmont Private Capital now owns 771 shares of the asset manager’s stock worth $283,000 after acquiring an additional 39 shares during the period. AlphaGrep UK Ltd bought a new stake in shares of Affiliated Managers Group during the second quarter valued at approximately $357,000. Syon Capital LLC grew its position in shares of Affiliated Managers Group by 11.1% during the second quarter. Syon Capital LLC now owns 1,612 shares of the asset manager’s stock valued at $546,000 after purchasing an additional 161 shares in the last quarter. Finally, iSAM Funds UK Ltd purchased a new position in shares of Affiliated Managers Group in the second quarter valued at $217,000. Institutional investors own 95.30% of the company’s stock.

Affiliated Managers Group Company Profile

Affiliated Managers Group, Inc (NYSE: AMG) is a global asset management holding company that partners with boutique investment firms. Founded in 1993 and headquartered in West Palm Beach, Florida, AMG invests in and collaborates with independent investment managers to foster growth while preserving their entrepreneurial culture. Through equity stakes and strategic support, the company aims to enhance its affiliates’ distribution capabilities, operational infrastructure and access to capital.

The company’s core business activities include providing capital solutions, distribution services and operational support to affiliated investment firms.