Artisan Partners Asset Management (NYSE:APAM) Posts Earnings Results, Misses Expectations By $0.04 EPS

Key Points

• Artisan Partners reported Q earnings of $0.87 EPS, missing analysts' consensus by $0.04, with revenue of $303.0M versus $306.05M expected and revenue up 9.3% year‑over‑year.
• Analysts have grown cautious—multiple downgrades have left the stock with an average rating of "Reduce" and a $40.20 target, while Goldman Sachs cut its price target to $34 and set a "sell" rating.
• The firm paid an annual dividend of $0.57 (paid Feb 27), implying an unusually high yield of 134.0% and a dividend payout ratio of 100.75%, signaling potential sustainability concerns.

Artisan Partners Asset Management (NYSE:APAM - Get Free Report) issued its quarterly earnings data on Tuesday. The asset manager reported $0.87 earnings per share (EPS) for the quarter, missing analysts' consensus estimates of $0.91 by ($0.04), FiscalAI reports. Artisan Partners Asset Management had a return on equity of 73.73% and a net margin of 24.26%.The company had revenue of $303.00 million for the quarter, compared to analysts' expectations of $306.05 million. During the same period last year, the company posted $0.83 EPS. The business's revenue for the quarter was up 9.3% on a year-over-year basis.

Artisan Partners Asset Management Stock Performance

Artisan Partners Asset Management stock opened at $37.89 on Wednesday. The stock has a market cap of $3.05 billion, a P/E ratio of 9.45 and a beta of 1.76. The company has a debt-to-equity ratio of 0.40, a quick ratio of 0.91 and a current ratio of 0.91. Artisan Partners Asset Management has a fifty-two week low of $34.99 and a fifty-two week high of $48.50. The firm's fifty day moving average price is $37.62 and its 200-day moving average price is $41.09.

Artisan Partners Asset Management Announces Dividend

The business also recently declared an annual dividend, which was paid on Friday, February 27th. Stockholders of record on Friday, February 13th were issued a $0.57 dividend. The ex-dividend date of this dividend was Friday, February 13th. This represents a dividend yield of 134.0%. Artisan Partners Asset Management's dividend payout ratio is presently 100.75%.

Analyst Upgrades and Downgrades

Several equities research analysts have recently weighed in on the company. Zacks Research cut Artisan Partners Asset Management from a "hold" rating to a "strong sell" rating in a research report on Tuesday, April 21st. Wall Street Zen cut shares of Artisan Partners Asset Management from a "buy" rating to a "hold" rating in a research note on Saturday, April 11th. Evercore set a $37.00 target price on shares of Artisan Partners Asset Management in a report on Friday, April 10th. Weiss Ratings cut shares of Artisan Partners Asset Management from a "buy (b-)" rating to a "hold (c+)" rating in a research note on Friday, March 20th. Finally, The Goldman Sachs Group cut their price target on shares of Artisan Partners Asset Management from $39.00 to $34.00 and set a "sell" rating for the company in a report on Tuesday, April 7th. One investment analyst has rated the stock with a Buy rating, four have assigned a Hold rating and two have assigned a Sell rating to the company. According to data from MarketBeat.com, the stock currently has an average rating of "Reduce" and an average target price of $40.20.

Hedge Funds Weigh In On Artisan Partners Asset Management

A number of large investors have recently modified their holdings of APAM. Triumph Capital Management boosted its stake in Artisan Partners Asset Management by 112.5% in the fourth quarter. Triumph Capital Management now owns 850 shares of the asset manager's stock worth $35,000 after buying an additional 450 shares in the last quarter. Garton & Associates Financial Advisors LLC purchased a new position in Artisan Partners Asset Management in the 4th quarter worth $37,000. IFP Advisors Inc lifted its stake in Artisan Partners Asset Management by 45.8% in the third quarter. IFP Advisors Inc now owns 955 shares of the asset manager's stock worth $41,000 after purchasing an additional 300 shares during the last quarter. Aster Capital Management DIFC Ltd bought a new stake in Artisan Partners Asset Management in the fourth quarter worth $51,000. Finally, Smartleaf Asset Management LLC boosted its position in Artisan Partners Asset Management by 31.4% during the second quarter. Smartleaf Asset Management LLC now owns 1,465 shares of the asset manager's stock valued at $65,000 after buying an additional 350 shares during the period. 86.45% of the stock is owned by hedge funds and other institutional investors.

Artisan Partners Asset Management Company Profile

Artisan Partners Asset Management Inc is a global investment management firm that specializes in active, fundamental research-driven strategies across a range of equity, fixed income and alternative asset classes. Founded in 1994 by Andrew Ziegler, the company has built a reputation for its team-based approach to portfolio construction, emphasizing deep sector expertise and independent analysis. Its product lineup includes U.S. and international equity strategies, global emerging markets, as well as credit and multisector fixed income offerings.

Artisan Partners serves a diverse client base that spans institutional investors, intermediaries and high-net-worth individuals located in North America, Europe and Asia.