AllianceBernstein (NYSE:AB – Get Free Report) had its price target hoisted by research analysts at Barclays from $39.00 to $41.00 in a note issued to investors on Friday,Benzinga reports. The firm currently has an “equal weight” rating on the asset manager’s stock. Barclays‘s price target would suggest a potential upside of 3.74% from the stock’s previous close.
Other research analysts have also issued research reports about the company. TD Cowen reiterated a “hold” rating on shares of AllianceBernstein in a report on Wednesday, January 14th. Sanford C. Bernstein restated a “negative” rating on shares of AllianceBernstein in a research report on Thursday, January 15th. Evercore lifted their target price on shares of AllianceBernstein from $44.00 to $46.00 and gave the stock an “outperform” rating in a research note on Friday, December 5th. Finally, Zacks Research lowered shares of AllianceBernstein from a “strong-buy” rating to a “hold” rating in a report on Tuesday, December 2nd. One equities research analyst has rated the stock with a Buy rating, six have assigned a Hold rating and one has issued a Sell rating to the stock. Based on data from MarketBeat, the company has an average rating of “Hold” and an average target price of $42.17.
Read Our Latest Report on AllianceBernstein
AllianceBernstein Price Performance
AllianceBernstein (NYSE:AB – Get Free Report) last posted its quarterly earnings results on Thursday, February 5th. The asset manager reported $0.96 EPS for the quarter, beating the consensus estimate of $0.92 by $0.04. The firm had revenue of $957.31 million during the quarter, compared to analysts’ expectations of $956.45 million. AllianceBernstein had a return on equity of 19.69% and a net margin of 6.62%.The business’s revenue for the quarter was down 2.7% on a year-over-year basis. During the same quarter last year, the firm earned $1.05 earnings per share. As a group, research analysts expect that AllianceBernstein will post 3.58 EPS for the current fiscal year.
Hedge Funds Weigh In On AllianceBernstein
Several large investors have recently made changes to their positions in the stock. Northwestern Mutual Wealth Management Co. increased its holdings in AllianceBernstein by 17,664.8% in the 4th quarter. Northwestern Mutual Wealth Management Co. now owns 3,640,896 shares of the asset manager’s stock valued at $140,102,000 after purchasing an additional 3,620,401 shares during the last quarter. Goldman Sachs Group Inc. boosted its position in shares of AllianceBernstein by 51.8% during the first quarter. Goldman Sachs Group Inc. now owns 916,574 shares of the asset manager’s stock worth $35,114,000 after buying an additional 312,878 shares during the period. Focus Partners Wealth boosted its position in shares of AllianceBernstein by 1,154.2% during the third quarter. Focus Partners Wealth now owns 336,502 shares of the asset manager’s stock worth $12,861,000 after buying an additional 309,673 shares during the period. UBS Group AG grew its stake in shares of AllianceBernstein by 2.5% in the third quarter. UBS Group AG now owns 299,685 shares of the asset manager’s stock valued at $11,454,000 after buying an additional 7,450 shares in the last quarter. Finally, Crestwood Advisors Group LLC raised its holdings in shares of AllianceBernstein by 1,243.9% in the 4th quarter. Crestwood Advisors Group LLC now owns 218,727 shares of the asset manager’s stock valued at $8,417,000 after buying an additional 202,451 shares during the period. 19.25% of the stock is currently owned by institutional investors and hedge funds.
Trending Headlines about AllianceBernstein
Here are the key news stories impacting AllianceBernstein this week:
- Positive Sentiment: Company raised its quarterly cash distribution to $0.96 per unit (annualized yield ~9.1%), an 11.6% increase versus the prior quarterly payout — a strong cash-return signal that can support the share price. ALLIANCEBERNSTEIN HOLDING L.P. ANNOUNCES FOURTH QUARTER RESULTS
- Positive Sentiment: Q4 results: adjusted EPS of $0.96 beat consensus by ~$0.04 and the firm reported record assets under management — evidence of scale and operating leverage that many investors view positively. Q4 Press Release / Slide Deck
- Positive Sentiment: Barclays nudged its price target from $39 to $41 and kept an “equal weight” rating — a modest analyst upgrade that provides some upside support but is not a strong buy signal. Barclays Price Target Raise
- Neutral Sentiment: Company earnings‑call materials and transcripts are available for investors assessing management commentary and detail on flows, AUM mix and capital allocation. Review the call slides/transcript to see management’s outlook and distribution policy. Earnings Call Presentation (Seeking Alpha)
- Negative Sentiment: Management flagged flow headwinds — net outflows in parts of the business were called out on the call and in analyst writeups, which raises concerns about fee revenue sustainability and near‑term organic growth. TipRanks: Flow Headwinds
- Negative Sentiment: Outlook/2025 earnings commentary was weaker: some coverage highlights lower 2025 earnings expectations even as AUM hit a record — revenue was down ~2.7% y/y and EPS is below last year’s level, which pressures the valuation and likely drove selling. Yahoo: Lower 2025 Earnings and Record AUM
About AllianceBernstein
AllianceBernstein is a global investment management firm that offers a broad range of research-driven strategies across equities, fixed income, multi-asset solutions and alternative investments. The firm provides active and quantitative portfolio management, drawing on in-house research capabilities to serve the needs of institutional clients, private wealth investors and intermediaries. Its product lineup encompasses mutual funds, separately managed accounts and customized investment vehicles designed to meet diverse risk-return objectives.
The firm’s roots date back to 1967 with the founding of Sanford C.
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