Calamos Advisors LLC Lowers Position in Ameriprise Financial, Inc. $AMP

Calamos Advisors LLC cut its holdings in shares of Ameriprise Financial, Inc. (NYSE:AMP) by 3.9% in the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 47,746 shares of the financial services provider’s stock after selling 1,938 shares during the quarter. Calamos Advisors LLC owned approximately 0.05% of Ameriprise Financial worth $23,412,000 at the end of the most recent reporting period.

Several other large investors have also recently made changes to their positions in the business. State Street Corp increased its position in shares of Ameriprise Financial by 0.4% during the 3rd quarter. State Street Corp now owns 4,420,072 shares of the financial services provider’s stock valued at $2,171,360,000 after purchasing an additional 18,879 shares during the last quarter. Boston Partners increased its position in shares of Ameriprise Financial by 1.1% during the 3rd quarter. Boston Partners now owns 1,193,048 shares of the financial services provider’s stock valued at $586,083,000 after purchasing an additional 13,172 shares during the last quarter. Federated Hermes Inc. increased its position in shares of Ameriprise Financial by 29.3% during the 3rd quarter. Federated Hermes Inc. now owns 966,163 shares of the financial services provider’s stock valued at $474,628,000 after purchasing an additional 219,080 shares during the last quarter. Legal & General Group Plc increased its position in shares of Ameriprise Financial by 11.5% during the 3rd quarter. Legal & General Group Plc now owns 634,413 shares of the financial services provider’s stock valued at $311,655,000 after purchasing an additional 65,687 shares during the last quarter. Finally, AQR Capital Management LLC increased its position in shares of Ameriprise Financial by 18.4% during the 3rd quarter. AQR Capital Management LLC now owns 589,570 shares of the financial services provider’s stock valued at $289,626,000 after purchasing an additional 91,697 shares during the last quarter. 83.95% of the stock is owned by hedge funds and other institutional investors.

Insider Buying and Selling

In related news, CFO Walter Stanley Berman sold 7,000 shares of Ameriprise Financial stock in a transaction dated Thursday, February 5th. The stock was sold at an average price of $544.22, for a total value of $3,809,540.00. Following the completion of the sale, the chief financial officer owned 5,609 shares of the company’s stock, valued at approximately $3,052,529.98. This trade represents a 55.52% decrease in their position. The sale was disclosed in a legal filing with the SEC, which can be accessed through this hyperlink. Also, CEO William F. Truscott sold 5,000 shares of the firm’s stock in a transaction dated Tuesday, February 10th. The stock was sold at an average price of $532.08, for a total value of $2,660,400.00. Following the completion of the transaction, the chief executive officer owned 12,149 shares of the company’s stock, valued at approximately $6,464,239.92. This represents a 29.16% decrease in their position. The SEC filing for this sale provides additional information. In the last 90 days, insiders sold 16,658 shares of company stock valued at $8,998,675. 0.60% of the stock is owned by insiders.

Key Stories Impacting Ameriprise Financial

Here are the key news stories impacting Ameriprise Financial this week:

• Positive Sentiment: Q1 earnings beat — Ameriprise reported $11.26 EPS vs. consensus ~$10.2 and saw revenue +9.7% year-over-year with AUM growth, supporting the stronger-than-expected profit print. Ameriprise Q1 Earnings Beat as Revenues & AUM Grow Y/Y
• Positive Sentiment: Dividend bump — Board raised the quarterly cash dividend to $1.70 (≈6.2% increase), reinforcing capital-return policy and income appeal for shareholders. Ameriprise Financial Increases Regular Quarterly Dividend 6 Percent
• Positive Sentiment: Analyst note — BMO raised its price target to $490 (market-perform), signaling modest upside from current levels and some analyst confidence after results. BMO Raises AMP Price Target to $490
• Neutral Sentiment: Earnings call/transcript available — Management commentary and the call transcript provide more details on revenue drivers, expense trends and guidance nuance for investors to parse. Ameriprise (AMP) Q1 2026 Earnings Transcript
• Neutral Sentiment: Valuation pieces circulating — Several outlets are reassessing AMP’s valuation after mixed share performance; useful for longer-term positioning but not immediate catalysts. Assessing Ameriprise Financial (AMP) Valuation After Recent Mixed Share Price Performance
• Negative Sentiment: Expenses and revenue miss — While EPS beat, revenue came in slightly below consensus ($4.77B vs. ~$4.82B) and rising expenses were flagged as tempering margin gains — a short-term profit-risk. Ameriprise Q1 Press Release / Slide Deck
• Negative Sentiment: Reported data incident — A report indicates ~47,876 Americans were warned after hackers hit an NYSE-listed firm, placing personal/financial data at risk; if this involves Ameriprise it could lead to reputational, remediation and regulatory costs. 47,876 Americans Warned After Hackers Hit NYSE-Listed Firm, Placing Personal and Financial Data at Risk

Ameriprise Financial Trading Up 0.9%

Shares of AMP opened at $463.70 on Friday. The business has a 50-day moving average of $454.55 and a 200 day moving average of $474.57. Ameriprise Financial, Inc. has a fifty-two week low of $422.37 and a fifty-two week high of $550.18. The firm has a market cap of $42.28 billion, a P/E ratio of 11.53, a price-to-earnings-growth ratio of 1.13 and a beta of 1.27. The company has a debt-to-equity ratio of 0.86, a quick ratio of 0.68 and a current ratio of 0.68.

Ameriprise Financial (NYSE:AMP) last announced its quarterly earnings data on Thursday, April 23rd. The financial services provider reported $11.26 earnings per share for the quarter, topping the consensus estimate of $10.21 by $1.05. Ameriprise Financial had a return on equity of 62.51% and a net margin of 20.57%.The company had revenue of $4.77 billion during the quarter, compared to analyst estimates of $4.82 billion. During the same quarter last year, the firm posted $9.50 EPS. The firm’s revenue for the quarter was up 9.7% on a year-over-year basis. As a group, research analysts forecast that Ameriprise Financial, Inc. will post 41.06 EPS for the current year.

Ameriprise Financial Increases Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Friday, May 22nd. Investors of record on Monday, May 4th will be issued a $1.70 dividend. This is an increase from Ameriprise Financial’s previous quarterly dividend of $1.60. The ex-dividend date of this dividend is Monday, May 4th. This represents a $6.80 annualized dividend and a yield of 1.5%. Ameriprise Financial’s payout ratio is 17.60%.

Wall Street Analysts Forecast Growth

Several equities research analysts have recently issued reports on the company. Royal Bank Of Canada reaffirmed an “outperform” rating and set a $605.00 target price (up from $580.00) on shares of Ameriprise Financial in a research report on Monday, February 2nd. Piper Sandler decreased their target price on Ameriprise Financial from $530.00 to $460.00 and set a “hold” rating for the company in a research report on Tuesday, April 7th. Raymond James Financial set a $582.00 target price on Ameriprise Financial and gave the company a “strong-buy” rating in a research report on Wednesday, February 11th. Jefferies Financial Group raised their target price on Ameriprise Financial from $600.00 to $620.00 and gave the company a “buy” rating in a research report on Monday, February 2nd. Finally, Keefe, Bruyette & Woods started coverage on Ameriprise Financial in a report on Friday, April 10th. They issued a “hold” rating for the company. One analyst has rated the stock with a Strong Buy rating, four have given a Buy rating, five have assigned a Hold rating and one has issued a Sell rating to the stock. Based on data from MarketBeat.com, Ameriprise Financial presently has an average rating of “Hold” and an average target price of $540.33.

Ameriprise Financial Profile

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.