Affiliated Managers Group (NYSE:AMG - Get Free Report) is expected to be issuing its Q2 2025 quarterly earnings data before the market opens on Thursday, July 31st. Analysts expect Affiliated Managers Group to post earnings of $5.19 per share and revenue of $506.46 million for the quarter.
Affiliated Managers Group (NYSE:AMG - Get Free Report) last announced its earnings results on Thursday, May 8th. The asset manager reported $5.20 earnings per share for the quarter, beating the consensus estimate of $5.10 by $0.10. Affiliated Managers Group had a net margin of 21.31% and a return on equity of 15.91%. The company had revenue of $496.60 million during the quarter, compared to the consensus estimate of $508.00 million. During the same period last year, the firm earned $5.37 earnings per share. On average, analysts expect Affiliated Managers Group to post $23 EPS for the current fiscal year and $26 EPS for the next fiscal year.
Affiliated Managers Group Trading Down 1.6%
Shares of AMG traded down $3.40 during midday trading on Monday, hitting $212.37. 168,554 shares of the company's stock traded hands, compared to its average volume of 226,396. The stock has a market capitalization of $6.04 billion, a price-to-earnings ratio of 16.14, a price-to-earnings-growth ratio of 0.65 and a beta of 1.09. The firm's fifty day moving average is $191.10 and its 200-day moving average is $177.46. Affiliated Managers Group has a 1 year low of $139.22 and a 1 year high of $216.32.
Affiliated Managers Group Announces Dividend
The business also recently disclosed a quarterly dividend, which was paid on Monday, June 2nd. Investors of record on Monday, May 19th were given a $0.01 dividend. This represents a $0.04 annualized dividend and a dividend yield of 0.02%. The ex-dividend date of this dividend was Monday, May 19th. Affiliated Managers Group's payout ratio is currently 0.30%.
Institutional Trading of Affiliated Managers Group
Several hedge funds and other institutional investors have recently bought and sold shares of the stock. Jane Street Group LLC purchased a new stake in Affiliated Managers Group in the 1st quarter worth $1,947,000. Goldman Sachs Group Inc. grew its position in shares of Affiliated Managers Group by 1.3% in the first quarter. Goldman Sachs Group Inc. now owns 113,353 shares of the asset manager's stock valued at $19,047,000 after purchasing an additional 1,428 shares during the period. Finally, UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC increased its stake in shares of Affiliated Managers Group by 4.6% during the first quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC now owns 141,733 shares of the asset manager's stock worth $23,815,000 after purchasing an additional 6,262 shares in the last quarter. 95.30% of the stock is owned by institutional investors and hedge funds.
Wall Street Analysts Forecast Growth
A number of research analysts have issued reports on the stock. Barrington Research decreased their price target on shares of Affiliated Managers Group from $215.00 to $200.00 and set an "outperform" rating for the company in a report on Tuesday, April 8th. The Goldman Sachs Group raised Affiliated Managers Group from a "neutral" rating to a "buy" rating and lifted their price target for the stock from $197.00 to $218.00 in a research report on Friday, June 27th. Cowen reiterated a "hold" rating on shares of Affiliated Managers Group in a research note on Monday. TD Cowen reduced their price objective on Affiliated Managers Group from $187.00 to $168.00 and set a "hold" rating for the company in a research note on Wednesday, April 9th. Finally, Bank of America dropped their target price on Affiliated Managers Group from $211.00 to $195.00 and set a "neutral" rating on the stock in a research report on Thursday, April 3rd. Four research analysts have rated the stock with a hold rating and three have assigned a buy rating to the stock. According to MarketBeat, the stock presently has a consensus rating of "Hold" and an average target price of $197.80.
Read Our Latest Stock Analysis on AMG
About Affiliated Managers Group
(
Get Free Report)
Affiliated Managers Group, Inc, through its affiliates, operates as an investment management company providing investment management services to mutual funds, institutional clients,retails and high net worth individuals in the United States. It provides advisory or sub-advisory services to mutual funds.
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