Ameriprise Financial (NYSE:AMP – Get Free Report) had its price target upped by BMO Capital Markets from $470.00 to $490.00 in a research report issued on Friday,Benzinga reports. The firm currently has a “market perform” rating on the financial services provider’s stock. BMO Capital Markets’ price target would suggest a potential upside of 5.67% from the company’s current price.
Other equities analysts also recently issued research reports about the stock. Weiss Ratings reiterated a “buy (b-)” rating on shares of Ameriprise Financial in a report on Monday, December 29th. Raymond James Financial set a $582.00 price objective on shares of Ameriprise Financial and gave the stock a “strong-buy” rating in a report on Wednesday, February 11th. Piper Sandler lowered their target price on shares of Ameriprise Financial from $530.00 to $460.00 and set a “hold” rating on the stock in a research report on Tuesday, April 7th. Royal Bank Of Canada reaffirmed an “outperform” rating and issued a $605.00 target price (up from $580.00) on shares of Ameriprise Financial in a report on Monday, February 2nd. Finally, Keefe, Bruyette & Woods began coverage on shares of Ameriprise Financial in a research report on Friday, April 10th. They set a “hold” rating for the company. One equities research analyst has rated the stock with a Strong Buy rating, four have issued a Buy rating, five have issued a Hold rating and one has given a Sell rating to the stock. Based on data from MarketBeat, Ameriprise Financial currently has a consensus rating of “Hold” and a consensus target price of $540.33.
Read Our Latest Analysis on Ameriprise Financial
Ameriprise Financial Stock Performance
Ameriprise Financial (NYSE:AMP – Get Free Report) last released its earnings results on Thursday, April 23rd. The financial services provider reported $11.26 EPS for the quarter, beating analysts’ consensus estimates of $10.21 by $1.05. The company had revenue of $4.77 billion during the quarter, compared to the consensus estimate of $4.82 billion. Ameriprise Financial had a return on equity of 62.51% and a net margin of 20.57%.Ameriprise Financial’s quarterly revenue was up 9.7% compared to the same quarter last year. During the same quarter last year, the company earned $9.50 earnings per share. Research analysts expect that Ameriprise Financial will post 41.06 EPS for the current year.
Insider Activity at Ameriprise Financial
In other news, CFO Walter Stanley Berman sold 7,000 shares of Ameriprise Financial stock in a transaction dated Thursday, February 5th. The shares were sold at an average price of $544.22, for a total transaction of $3,809,540.00. Following the completion of the sale, the chief financial officer directly owned 5,609 shares in the company, valued at $3,052,529.98. The trade was a 55.52% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is available through the SEC website. Also, CEO William F. Truscott sold 5,000 shares of the firm’s stock in a transaction that occurred on Tuesday, February 10th. The stock was sold at an average price of $532.08, for a total transaction of $2,660,400.00. Following the sale, the chief executive officer owned 12,149 shares in the company, valued at approximately $6,464,239.92. This trade represents a 29.16% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. In the last three months, insiders have sold 16,658 shares of company stock valued at $8,998,675. Insiders own 0.60% of the company’s stock.
Institutional Inflows and Outflows
A number of large investors have recently made changes to their positions in the business. State Street Corp grew its position in shares of Ameriprise Financial by 0.4% in the third 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 period. Norges Bank purchased a new position in Ameriprise Financial during the fourth quarter worth about $742,438,000. Boston Partners boosted its stake in Ameriprise Financial by 1.1% in the 3rd quarter. Boston Partners now owns 1,193,048 shares of the financial services provider’s stock worth $586,083,000 after buying an additional 13,172 shares during the last quarter. AQR Capital Management LLC boosted its stake in Ameriprise Financial by 84.2% in the 4th quarter. AQR Capital Management LLC now owns 1,085,889 shares of the financial services provider’s stock worth $532,455,000 after buying an additional 496,319 shares during the last quarter. Finally, Federated Hermes Inc. grew its holdings in Ameriprise Financial by 0.7% in the 4th quarter. Federated Hermes Inc. now owns 973,097 shares of the financial services provider’s stock valued at $477,148,000 after buying an additional 6,934 shares during the period. Hedge funds and other institutional investors own 83.95% of the company’s stock.
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
About Ameriprise Financial
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.
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