Affiliated Managers Group (NYSE:AMG) Cut to Hold at Zacks Research

Zacks Research lowered shares of Affiliated Managers Group (NYSE:AMG) from a strong-buy rating to a hold rating in a research report released 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.

Other equities analysts have also issued reports about the company. Jefferies Financial Group reissued a “buy” rating and issued a $282.00 price target on shares of Affiliated Managers Group in a research note on Tuesday, November 4th. Cowen reiterated a “buy” rating on shares of Affiliated Managers Group in a research report on Monday. Barrington Research raised their price target on shares of Affiliated Managers Group from $285.00 to $295.00 and gave the stock an “outperform” rating in a report on Tuesday, November 4th. The Goldman Sachs Group lifted their price target on shares of Affiliated Managers Group from $240.00 to $280.00 and gave the company a “buy” rating in a research note on Monday, October 6th. Finally, UBS Group set a $295.00 price objective on shares of Affiliated Managers Group in a report on Tuesday, November 4th. Seven analysts have rated the stock with a Buy rating and one has assigned a Hold rating to the stock. According to MarketBeat.com, Affiliated Managers Group currently has a consensus rating of “Moderate Buy” and a consensus price target of $328.67.

Affiliated Managers Group Stock Performance

Shares of AMG opened at $270.90 on Monday. The company has a current ratio of 1.30, a quick ratio of 1.30 and a debt-to-equity ratio of 0.56. The firm’s fifty day simple moving average is $255.55 and its two-hundred day simple moving average is $228.15. Affiliated Managers Group has a 12 month low of $139.22 and a 12 month high of $283.21. The stock has a market capitalization of $7.62 billion, a P/E ratio of 16.13, a price-to-earnings-growth ratio of 0.61 and a beta of 1.22.

Affiliated Managers Group (NYSE:AMG) last posted its quarterly earnings data on Monday, November 3rd. The asset manager reported $6.10 earnings per share for the quarter, topping the consensus estimate of $5.88 by $0.22. Affiliated Managers Group had a return on equity of 16.75% and a net margin of 26.01%.The firm had revenue of $528.00 million during the quarter, compared to analyst estimates of $543.39 million. During the same period last year, the company posted $4.82 EPS. The business’s quarterly revenue was up 2.2% on a year-over-year basis. As a group, analysts predict that Affiliated Managers Group will post 22.86 EPS for the current year.

Affiliated Managers Group Announces Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Friday, November 28th. Shareholders of record on Thursday, November 13th were issued a dividend of $0.01 per share. The ex-dividend date was Thursday, November 13th. This represents a $0.04 annualized dividend and a yield of 0.0%. Affiliated Managers Group’s dividend payout ratio is presently 0.24%.

Institutional Investors Weigh In On Affiliated Managers Group

Several hedge funds and other institutional investors have recently made changes to their positions in AMG. US Bancorp DE lifted its position in Affiliated Managers Group by 1.4% in the 3rd quarter. US Bancorp DE now owns 3,561 shares of the asset manager’s stock valued at $849,000 after acquiring an additional 49 shares in the last quarter. Procyon Advisors LLC raised its position in Affiliated Managers Group by 3.1% in the 3rd quarter. Procyon Advisors LLC now owns 1,648 shares of the asset manager’s stock valued at $393,000 after buying an additional 50 shares during the last quarter. Millstone Evans Group LLC raised its position in Affiliated Managers Group by 41.9% in the 3rd quarter. Millstone Evans Group LLC now owns 176 shares of the asset manager’s stock valued at $42,000 after buying an additional 52 shares during the last quarter. Quadrant Capital Group LLC lifted its stake in Affiliated Managers Group by 2.1% during the 3rd quarter. Quadrant Capital Group LLC now owns 3,174 shares of the asset manager’s stock valued at $757,000 after acquiring an additional 64 shares in the last quarter. Finally, Glenmede Investment Management LP boosted its holdings in Affiliated Managers Group by 3.9% during the 3rd quarter. Glenmede Investment Management LP now owns 1,792 shares of the asset manager’s stock worth $427,000 after acquiring an additional 67 shares during the last quarter. 95.30% of the stock is owned by institutional investors.

Affiliated Managers Group Company Profile

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.