NYSE:APAM

Artisan Partners Asset Management (APAM) Stock Price, News & Analysis

$41.06
-1.14 (-2.70%)
(As of 02:38 PM ET)
Today's Range
$40.33
$41.46
50-Day Range
$41.62
$46.74
52-Week Range
$31.27
$46.75
Volume
303,198 shs
Average Volume
479,406 shs
Market Capitalization
$3.28 billion
P/E Ratio
12.52
Dividend Yield
6.62%
Price Target
$43.00

Artisan Partners Asset Management MarketRank™ Stock Analysis

Analyst Rating
Moderate Buy
2.50 Rating Score
Upside/​Downside
6.5% Upside
$43.00 Price Target
Short Interest
Bearish
3.89% of Shares Sold Short
Dividend Strength
Weak
Based on Four Factors
Sustainability
N/A
News Sentiment
0.40mentions of Artisan Partners Asset Management in the last 14 days
Based on 17 Articles This Week
Insider Trading
Selling Shares
$105,700 Sold Last Quarter
Proj. Earnings Growth
5.33%
From $3.38 to $3.56 Per Share

Overall MarketRank

New Rank-Based ScoringMarketRank is calculated by averaging available category scores (with extra weight given to analysis and valuation), then ranking the company's weighted average against that of other companies.

1.69 out of 5 stars

Finance Sector

656th out of 859 stocks

Investment Advice Industry

38th out of 46 stocks

APAM stock logo

About Artisan Partners Asset Management Stock (NYSE:APAM)

Artisan Partners Asset Management Inc. is publicly owned investment manager. It provides its services to pension and profit sharing plans, trusts, endowments, foundations, charitable organizations, government entities, private funds and non-U.S. funds, as well as mutual funds, non-U.S. funds and collective trusts. It manages separate client-focused equity and fixed income portfolios. The firm invests in the public equity and fixed income markets across the globe. It invests in growth and value stocks of companies across all market capitalization. For fixed income component of its portfolio the firm invests in non-investment grade corporate bonds and secured and unsecured loans. It employs fundamental analysis to create its portfolios. Artisan Partners Asset Management Inc. was founded in 1994 and is based in Milwaukee, Wisconsin with additional offices in Atlanta, Georgia; New York City; San Francisco, California; Leawood, Kansas; and London, United Kingdom.

APAM Stock Price History

APAM Stock News Headlines

World’s biggest multibillionaire investor is buying THIS by the ton [picture]
Don't Buy Bullion or Mining Stocks. Do THIS Instead As gold continues to break all-time highs, many folks will run out and buy bullion or mining stocks. That's not the best way to ride this gold bull market higher. Note, this showed a 995% gain the last time we shared this same investment idea.
Artisan Partners: Q1 Earnings Snapshot
World’s biggest multibillionaire investor is buying THIS by the ton [picture]
Don't Buy Bullion or Mining Stocks. Do THIS Instead As gold continues to break all-time highs, many folks will run out and buy bullion or mining stocks. That's not the best way to ride this gold bull market higher. Note, this showed a 995% gain the last time we shared this same investment idea.
Artisan Partners Asset Management Inc. (APAM)
Artisan Partners Asset Management Inc (APAM)
Artisan Partners Asset Management Inc.
See More Headlines
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Company Calendar

Ex-Dividend for 2/29 Dividend
2/14/2024
Dividend Payable
2/29/2024
Last Earnings
4/24/2024
Today
4/25/2024
Ex-Dividend for 5/31 Dividend
5/16/2024
Dividend Payable
5/31/2024
Next Earnings (Estimated)
8/06/2024
Fiscal Year End
12/31/2024

Industry, Sector and Symbol

Sector
Finance
Industry
Investment advice
Sub-Industry
N/A
Fax
N/A
Employees
573
Year Founded
N/A

Price Target and Rating

Average Stock Price Target
$43.00
High Stock Price Target
$45.00
Low Stock Price Target
$41.00
Potential Upside/Downside
+5.9%
Consensus Rating
Moderate Buy
Rating Score (0-4)
2.50
Research Coverage
2 Analysts

Profitability

Net Income
$222.29 million
Pretax Margin
39.35%

Debt

Sales & Book Value

Annual Sales
$975.10 million
Cash Flow
$2.84 per share
Book Value
$4.39 per share

Miscellaneous

Free Float
65,114,000
Market Cap
$3.24 billion
Optionable
Optionable
Beta
1.85
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Key Executives

  • Mr. Eric Richard Colson C.F.A. (Age 55)
    CEO & Director
    Comp: $4.83M
  • Mr. Jason A. GottliebMr. Jason A. Gottlieb (Age 54)
    President
    Comp: $3.41M
  • Mr. Charles James Daley Jr. (Age 61)
    CPA, Executive VP, CFO & Treasurer
    Comp: $1.99M
  • Mr. Christopher Jon Krein (Age 52)
    Executive VP & Head of Global Distribution
    Comp: $2.15M
  • Mr. Samuel Bentson Sellers (Age 40)
    Executive VP & COO
  • Ms. Eileen Lee Kwei (Age 45)
    Executive VP & Chief Administrative Officer
  • Ms. Laura Ellen Simpson (Age 48)
    Executive VP, Chief Legal Officer & Corporate Secretary
  • Mr. Gregory Kenneth Ramirez CPA (Age 53)
    Executive VP & Head of Vehicle Administration
    Comp: $1.44M
  • Mr. Daniel J. O'Keefe
    MD and Lead Portfolio Manager of Global Value & Select Equity Strategies
  • Mr. James Stephen Hamman Jr. (Age 54)
    Executive Vice President
    Comp: $1.4M

APAM Stock Analysis - Frequently Asked Questions

Should I buy or sell Artisan Partners Asset Management stock right now?

2 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Artisan Partners Asset Management in the last twelve months. There are currently 1 hold rating and 1 buy rating for the stock. The consensus among Wall Street equities research analysts is that investors should "moderate buy" APAM shares.
View APAM analyst ratings
or view top-rated stocks.

What is Artisan Partners Asset Management's stock price target for 2024?

2 brokers have issued 1 year price objectives for Artisan Partners Asset Management's shares. Their APAM share price targets range from $41.00 to $45.00. On average, they predict the company's share price to reach $43.00 in the next twelve months. This suggests a possible upside of 6.5% from the stock's current price.
View analysts price targets for APAM
or view top-rated stocks among Wall Street analysts.

How have APAM shares performed in 2024?

Artisan Partners Asset Management's stock was trading at $44.18 at the beginning of the year. Since then, APAM shares have decreased by 8.6% and is now trading at $40.39.
View the best growth stocks for 2024 here
.

Are investors shorting Artisan Partners Asset Management?

Artisan Partners Asset Management saw a increase in short interest during the month of April. As of April 15th, there was short interest totaling 3,110,000 shares, an increase of 5.1% from the March 31st total of 2,960,000 shares. Based on an average trading volume of 473,500 shares, the days-to-cover ratio is presently 6.6 days.
View Artisan Partners Asset Management's Short Interest
.

When is Artisan Partners Asset Management's next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Tuesday, August 6th 2024.
View our APAM earnings forecast
.

How were Artisan Partners Asset Management's earnings last quarter?

Artisan Partners Asset Management Inc. (NYSE:APAM) released its earnings results on Wednesday, April, 24th. The asset manager reported $0.76 earnings per share for the quarter, missing analysts' consensus estimates of $0.79 by $0.03. The asset manager earned $264.40 million during the quarter, compared to analysts' expectations of $270.90 million. Artisan Partners Asset Management had a trailing twelve-month return on equity of 74.25% and a net margin of 22.99%. The firm's revenue was up 12.8% on a year-over-year basis. During the same period in the previous year, the firm earned $0.64 earnings per share.

How often does Artisan Partners Asset Management pay dividends? What is the dividend yield for Artisan Partners Asset Management?

Artisan Partners Asset Management announced a quarterly dividend on Tuesday, April 23rd. Stockholders of record on Friday, May 17th will be given a dividend of $0.61 per share on Friday, May 31st. This represents a $2.44 dividend on an annualized basis and a yield of 6.04%. The ex-dividend date is Thursday, May 16th.
Read our dividend analysis for APAM
.

Is Artisan Partners Asset Management a good dividend stock?

Artisan Partners Asset Management (NYSE:APAM) pays an annual dividend of $2.72 per share and currently has a dividend yield of 6.26%. APAM has a dividend yield higher than 75% of all dividend-paying stocks, making it a leading dividend payer. The dividend payout ratio is 82.93%. Payout ratios above 75% are not desirable because they may not be sustainable. Based on EPS estimates, APAM will have a dividend payout ratio of 76.40% in the coming year. This indicates that the company may not be able to sustain their current dividend.
Read our dividend analysis for APAM.

What is Eric R. Colson's approval rating as Artisan Partners Asset Management's CEO?

15 employees have rated Artisan Partners Asset Management Chief Executive Officer Eric R. Colson on Glassdoor.com. Eric R. Colson has an approval rating of 87% among the company's employees.

What other stocks do shareholders of Artisan Partners Asset Management own?

Based on aggregate information from My MarketBeat watchlists, some companies that other Artisan Partners Asset Management investors own include AT&T (T), AbbVie (ABBV), Johnson & Johnson (JNJ), Pfizer (PFE), Berry Global Group (BERY), Comcast (CMCSA), Enterprise Products Partners (EPD), Energy Transfer (ET), General Mills (GIS) and Apollo Global Management (APO).

Who are Artisan Partners Asset Management's major shareholders?

Artisan Partners Asset Management's stock is owned by many different retail and institutional investors. Top institutional investors include Wasatch Advisors LP (1.68%), Vaughan Nelson Investment Management L.P. (1.67%), Raymond James & Associates (0.51%), Los Angeles Capital Management LLC (0.09%), Romano Brothers AND Company (0.09%) and State of Alaska Department of Revenue (0.05%). Insiders that own company stock include Gregory K Ramirez, Samuel Bentson Sellers and Tench Coxe.
View institutional ownership trends
.

How do I buy shares of Artisan Partners Asset Management?

Shares of APAM stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
Compare Top Brokerages Here.

This page (NYSE:APAM) was last updated on 4/25/2024 by MarketBeat.com Staff

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