29,555 Shares in Affiliated Managers Group, Inc. $AMG Purchased by PEAK6 LLC

Key Points

• PEAK6 LLC acquired 29,555 shares of Affiliated Managers Group in the second quarter, worth approximately $10 million and representing 0.11% of the company. Institutional investors collectively own 95.3% of AMG.
• Analysts remain broadly bullish, with a consensus “Buy” rating and an average price target of $370.86. Zacks also maintained a Strong Buy rating and raised several future EPS estimates.
• AMG exceeded quarterly expectations, reporting EPS of $8.29 versus the $7.90 consensus and revenue of $640.7 million versus estimates of $590.94 million; the stock recently traded around $356 with a P/E ratio of 12.33.

PEAK6 LLC purchased a new stake in shares of Affiliated Managers Group, Inc. (NYSE:AMG - Free Report) in the second quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor purchased 29,555 shares of the asset manager's stock, valued at approximately $10,001,000. PEAK6 LLC owned about 0.11% of Affiliated Managers Group at the end of the most recent quarter.

A number of other large investors have also added to or reduced their stakes in the company. Danske Bank A S bought a new stake in Affiliated Managers Group in the second quarter worth $622,000. Fisher Asset Management LLC lifted its position in Affiliated Managers Group by 19.7% during the fourth quarter. Fisher Asset Management LLC now owns 243,830 shares of the asset manager's stock valued at $70,291,000 after purchasing an additional 40,107 shares during the last quarter. Sei Investments Co. lifted its position in Affiliated Managers Group by 5.2% during the first quarter. Sei Investments Co. now owns 107,654 shares of the asset manager's stock valued at $29,787,000 after purchasing an additional 5,357 shares during the last quarter. Mitsubishi UFJ Trust & Banking Corp grew its stake in shares of Affiliated Managers Group by 20.8% in the 4th quarter. Mitsubishi UFJ Trust & Banking Corp now owns 24,774 shares of the asset manager's stock worth $7,149,000 after buying an additional 4,258 shares in the last quarter. Finally, Y Intercept Hong Kong Ltd purchased a new position in shares of Affiliated Managers Group in the 1st quarter worth $7,164,000. Institutional investors own 95.30% of the company's stock.

Analyst Upgrades and Downgrades

AMG has been the topic of several recent research reports. The Goldman Sachs Group restated a "buy" rating and set a $405.00 target price on shares of Affiliated Managers Group in a research report on Monday, May 4th. Weiss Ratings reiterated a "buy (b)" rating on shares of Affiliated Managers Group in a research report on Friday, June 26th. Barrington Research set a $425.00 price objective on Affiliated Managers Group in a research note on Friday, July 31st. TD Cowen restated a "buy" rating and set a $454.00 price objective on shares of Affiliated Managers Group in a research report on Wednesday, May 13th. Finally, Deutsche Bank Aktiengesellschaft reaffirmed a "buy" rating and issued a $400.00 price objective on shares of Affiliated Managers Group in a research note on Monday, May 4th. One investment analyst has rated the stock with a Strong Buy rating and seven have assigned a Buy rating to the stock. According to MarketBeat, the company presently has a consensus rating of "Buy" and an average price target of $370.86.

Key Headlines Impacting Affiliated Managers Group

Here are the key news stories impacting Affiliated Managers Group this week:

• Positive Sentiment: Value appeal remains a key catalyst. Zacks identified AMG as a top long-term value stock based on its Style Scores. The shares trade at approximately 12.3 times earnings, which may appeal to investors seeking relatively inexpensive exposure to asset management. Why Affiliated Managers Group is a Top Value Stock for the Long-Term
• Positive Sentiment: Zacks maintained a “Strong-Buy” rating while raising its FY2026 EPS forecast to $34.67 from $33.01, FY2027 to $34.57 from $34.07, and FY2028 to $39.29 from $39.22. Estimates were also increased for Q4 2026, Q3 2027, Q4 2027 and Q1 2028, signaling improved expectations for earnings growth. Zacks Research earnings estimates
• Positive Sentiment: Recent commentary emphasizes strong fundamentals. An analysis of AMG’s second quarter highlighted solid business fundamentals and potentially undervalued investment-grade bond holdings, while other coverage cited two reasons investors remain attracted to the company. AMG Q2 Analysis
• Neutral Sentiment: Forecast revisions were mixed. Zacks lowered its Q2 2028 EPS estimate to $9.03 from $9.56, partially offsetting the broader upward revisions. Its FY2026 estimate of $34.67 also remains below the broader consensus of $36.25, suggesting some analysts still expect more near-term earnings upside.

Insiders Place Their Bets

In other Affiliated Managers Group news, CEO Jay C. Horgen sold 17,500 shares of the company's stock in a transaction on Monday, June 8th. The stock was sold at an average price of $338.27, for a total value of $5,919,725.00. Following the transaction, the chief executive officer owned 204,706 shares of the company's stock, valued at $69,245,898.62. This represents a 7.88% decrease in their position. The sale was disclosed in a legal filing with the SEC, which is available through this hyperlink. Also, Director Annette Franqui bought 750 shares of the firm's stock in a transaction dated Monday, June 1st. The shares were acquired at an average price of $304.88 per share, with a total value of $228,660.00. Following the completion of the transaction, the director owned 1,962 shares of the company's stock, valued at approximately $598,174.56. The trade was a 61.88% increase in their position. The disclosure for this purchase is available in the SEC filing. 2.90% of the stock is owned by insiders.

Affiliated Managers Group Stock Performance

Affiliated Managers Group stock opened at $356.08 on Monday. The company has a debt-to-equity ratio of 0.76, a current ratio of 1.24 and a quick ratio of 1.24. Affiliated Managers Group, Inc. has a 1-year low of $218.21 and a 1-year high of $392.92. The firm has a market capitalization of $9.21 billion, a P/E ratio of 12.33, a price-to-earnings-growth ratio of 0.48 and a beta of 1.11. The company's 50-day moving average is $359.29 and its 200 day moving average is $320.20.

Affiliated Managers Group (NYSE:AMG - Get Free Report) last announced its earnings results on Thursday, July 30th. The asset manager reported $8.29 earnings per share (EPS) for the quarter, beating the consensus estimate of $7.90 by $0.39. The business had revenue of $640.70 million during the quarter, compared to analyst estimates of $590.94 million. Affiliated Managers Group had a return on equity of 21.94% and a net margin of 37.72%.The company's revenue for the quarter was up .0% compared to the same quarter last year. During the same quarter in the previous year, the business earned $5.39 earnings per share. Research analysts forecast that Affiliated Managers Group, Inc. will post 36.69 EPS for the current year.

Affiliated Managers Group Dividend Announcement

The firm also recently disclosed a quarterly dividend, which will be paid on Monday, August 24th. Investors of record on Monday, August 10th will be issued a dividend of $0.01 per share. The ex-dividend date is Monday, August 10th. This represents a $0.04 dividend on an annualized basis and a yield of 0.0%. Affiliated Managers Group's payout ratio is presently 0.14%.

Affiliated Managers Group Company Profile

Affiliated Managers Group, Inc NYSE: AMG is a global asset management holding company that partners with boutique investment firms. Founded in 1993 and headquartered in West Palm Beach, Florida, AMG invests in and collaborates with independent investment managers to foster growth while preserving their entrepreneurial culture. Through equity stakes and strategic support, the company aims to enhance its affiliates' distribution capabilities, operational infrastructure and access to capital.

The company's core business activities include providing capital solutions, distribution services and operational support to affiliated investment firms.

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