Ameriprise Financial (NYSE:AMP) Raised to Neutral at Piper Sandler

Ameriprise Financial (NYSE:AMPGet Free Report) was upgraded by investment analysts at Piper Sandler from an “underweight” rating to a “neutral” rating in a note issued to investors on Friday, MarketBeat Ratings reports. The brokerage currently has a $530.00 price target on the financial services provider’s stock, up from their previous price target of $434.00. Piper Sandler’s price target would indicate a potential upside of 0.55% from the company’s previous close.

Several other research analysts have also recently weighed in on AMP. Royal Bank Of Canada decreased their price objective on shares of Ameriprise Financial from $601.00 to $550.00 and set an “outperform” rating for the company in a report on Monday, November 3rd. Argus cut their target price 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 lowered their price target on Ameriprise Financial from $587.00 to $570.00 and set an “in-line” rating on the stock in a report on Thursday, October 9th. Morgan Stanley raised their price target on Ameriprise Financial from $484.00 to $485.00 and gave the stock an “underweight” rating in a research note on Monday, December 22nd. Finally, BMO Capital Markets initiated coverage on Ameriprise Financial in a research report on Friday, October 3rd. They set a “market perform” rating and a $525.00 price objective for the company. One equities research analyst has rated the stock with a Strong Buy rating, three have assigned a Buy rating, five have given a Hold rating and one has given a Sell rating to the stock. Based on data from MarketBeat, Ameriprise Financial presently has an average rating of “Hold” and an average target price of $540.75.

View Our Latest Research Report on AMP

Ameriprise Financial Trading Up 1.1%

Shares of NYSE:AMP opened at $527.09 on Friday. The company has a market cap of $48.97 billion, a P/E ratio of 14.50, a PEG ratio of 1.34 and a beta of 1.26. The company has a debt-to-equity ratio of 0.86, a current ratio of 0.68 and a quick ratio of 0.68. Ameriprise Financial has a 1 year low of $396.14 and a 1 year high of $552.43. The stock’s fifty day moving average price is $491.17 and its 200-day moving average price is $491.97.

Ameriprise Financial (NYSE:AMPGet Free Report) last released its quarterly earnings data on Thursday, January 29th. The financial services provider reported $10.83 EPS for the quarter, topping the consensus estimate of $10.33 by $0.50. The company 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%.Ameriprise Financial’s revenue for the quarter was up 10.2% on a year-over-year basis. During the same period last year, the company earned $9.54 EPS. Sell-side analysts expect that Ameriprise Financial will post 38.64 earnings per share for the current year.

Insider Buying and Selling

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

Hedge Funds Weigh In On Ameriprise Financial

Large investors have recently added to or reduced their stakes in the company. Whipplewood Advisors LLC lifted its stake in Ameriprise Financial by 71.0% in the 2nd quarter. Whipplewood Advisors LLC now owns 53 shares of the financial services provider’s stock worth $28,000 after purchasing an additional 22 shares in the last quarter. Salomon & Ludwin LLC increased its holdings in shares of Ameriprise Financial by 115.4% in the second quarter. Salomon & Ludwin LLC now owns 56 shares of the financial services provider’s stock worth $30,000 after purchasing an additional 30 shares during the last quarter. Holos Integrated Wealth LLC bought a new stake in shares of Ameriprise Financial in the fourth quarter worth about $30,000. Winnow Wealth LLC purchased a new stake in shares of Ameriprise Financial in the second quarter worth about $32,000. Finally, Heartwood Wealth Advisors LLC bought a new position in Ameriprise Financial during the third quarter valued at approximately $32,000. Hedge funds and other institutional investors own 83.95% of the company’s stock.

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

About Ameriprise Financial

(Get Free Report)

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.

Further Reading

Analyst Recommendations for Ameriprise Financial (NYSE:AMP)

Receive News & Ratings for Ameriprise Financial Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Ameriprise Financial and related companies with MarketBeat.com's FREE daily email newsletter.