Royal Bank Of Canada Forecasts Strong Price Appreciation for Acadian Asset Management (NYSE:AAMI) Stock

Acadian Asset Management (NYSE:AAMI) had its target price raised by Royal Bank Of Canada from $52.00 to $54.00 in a research note issued to investors on Friday,Benzinga reports. The firm currently has a “sector perform” rating on the stock. Royal Bank Of Canada’s price target would suggest a potential upside of 5.79% from the stock’s previous close.

A number of other equities research analysts have also recently commented on AAMI. Evercore set a $52.00 price target on shares of Acadian Asset Management in a report on Thursday, November 6th. Weiss Ratings reissued a “buy (b)” rating on shares of Acadian Asset Management in a research report on Monday, December 29th. Wall Street Zen lowered Acadian Asset Management from a “buy” rating to a “hold” rating in a research note on Sunday, January 18th. Finally, Morgan Stanley upped their price target on Acadian Asset Management from $49.00 to $50.00 and gave the company an “equal weight” rating in a research report on Tuesday. One equities research analyst has rated the stock with a Buy rating and four have issued a Hold rating to the company. According to MarketBeat, the company has a consensus rating of “Hold” and an average target price of $52.00.

Acadian Asset Management Stock Performance

NYSE:AAMI opened at $51.05 on Friday. The firm has a market cap of $1.82 billion, a price-to-earnings ratio of 23.10 and a beta of 1.31. Acadian Asset Management has a 52 week low of $22.60 and a 52 week high of $56.46. The firm’s 50-day simple moving average is $50.15 and its 200 day simple moving average is $47.48.

Acadian Asset Management (NYSE:AAMI) last issued its quarterly earnings data on Thursday, February 5th. The company reported $1.32 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $1.38 by ($0.06). Acadian Asset Management had a net margin of 14.19% and a return on equity of 165.86%. The business had revenue of $169.70 million for the quarter. Sell-side analysts anticipate that Acadian Asset Management will post 2.78 EPS for the current year.

Institutional Investors Weigh In On Acadian Asset Management

A number of institutional investors and hedge funds have recently made changes to their positions in the business. Federated Hermes Inc. grew its holdings in Acadian Asset Management by 18.0% in the 3rd quarter. Federated Hermes Inc. now owns 342,621 shares of the company’s stock worth $16,501,000 after acquiring an additional 52,298 shares during the last quarter. Allspring Global Investments Holdings LLC boosted its holdings in shares of Acadian Asset Management by 37.4% during the third quarter. Allspring Global Investments Holdings LLC now owns 289,038 shares of the company’s stock worth $13,365,000 after purchasing an additional 78,623 shares during the period. Ensign Peak Advisors Inc purchased a new stake in shares of Acadian Asset Management during the second quarter worth about $439,000. AlphaQuest LLC bought a new stake in shares of Acadian Asset Management in the second quarter worth about $431,000. Finally, Amalgamated Bank purchased a new position in Acadian Asset Management during the 2nd quarter valued at about $270,000. Hedge funds and other institutional investors own 98.69% of the company’s stock.

More Acadian Asset Management News

Here are the key news stories impacting Acadian Asset Management this week:

• Positive Sentiment: Management announced a large dividend increase — quarterly dividend raised to $0.10 (annualized yield ~0.8%), up 900% from the prior $0.01 payment, with record date March 13 and pay date March 27. The move signals confidence in cash flow and is likely supporting the stock.
• Positive Sentiment: Company reported strong client flows and AUM momentum: $5.4B of Q4 net client inflows and record assets under management, which supports revenue growth prospects and recurring fee income. Acadian signals continued positive momentum
• Positive Sentiment: Analyst update: Royal Bank of Canada raised its price target from $52 to $54 and maintained a “sector perform” rating, giving modest upside vs. recent levels and likely adding buying interest. RBC raises price target
• Neutral Sentiment: Investors can review the full Q4 presentation and earnings call transcript for details on guidance, margin drivers and pipeline; slides and multiple transcripts are available. Q4 slide deck Earnings call transcript
• Negative Sentiment: Q4 results slightly missed consensus: EPS $1.32 vs. $1.38 estimate and revenue $169.7M — the miss is a short-term negative catalyst and explains some sell-side caution despite strong flows. AAMI misses Q4 estimates

About Acadian Asset Management

Acadian Asset Management is a global investment management firm specializing in quantitative research and systematic strategies. Since its founding in 1986, the firm has developed data-driven models designed to identify and capture investment opportunities across equity and fixed income markets. By integrating advanced analytics, proprietary risk management tools and a disciplined investment process, Acadian seeks to deliver consistent performance for institutional clients.

The firm’s core offerings include institutional equity portfolios, fixed income strategies and multi-asset solutions.