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Deutsche Bank AG Buys Shares of 39,692 Affiliated Managers Group, Inc. $AMG

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Deutsche Bank AG purchased a new position in Affiliated Managers Group, Inc. (NYSE:AMG - Free Report) during the 2nd quarter, according to its most recent 13F filing with the SEC. The firm purchased 39,692 shares of the asset manager's stock, valued at approximately $13,432,000. Deutsche Bank AG owned about 0.15% of Affiliated Managers Group as of its most recent SEC filing.

Other institutional investors have also made changes to their positions in the company. Boston Partners increased its holdings in Affiliated Managers Group by 2.1% in the third quarter. Boston Partners now owns 1,157,344 shares of the asset manager's stock valued at $275,957,000 after purchasing an additional 24,217 shares during the last quarter. Dimensional Fund Advisors LP boosted its holdings in Affiliated Managers Group by 2.7% during the first quarter. Dimensional Fund Advisors LP now owns 718,313 shares of the asset manager's stock worth $198,746,000 after buying an additional 18,865 shares during the last quarter. Fuller & Thaler Asset Management Inc. boosted its holdings in Affiliated Managers Group by 20.2% during the fourth quarter. Fuller & Thaler Asset Management Inc. now owns 685,588 shares of the asset manager's stock worth $197,641,000 after buying an additional 115,313 shares during the last quarter. Geode Capital Management LLC grew its position in shares of Affiliated Managers Group by 8.1% during the 4th quarter. Geode Capital Management LLC now owns 551,153 shares of the asset manager's stock worth $158,916,000 after buying an additional 41,322 shares during the period. Finally, Allianz Asset Management GmbH increased its stake in shares of Affiliated Managers Group by 8.5% in the 4th quarter. Allianz Asset Management GmbH now owns 426,649 shares of the asset manager's stock valued at $122,994,000 after acquiring an additional 33,488 shares during the last quarter. 95.30% of the stock is owned by institutional investors and hedge funds.

Analysts Set New Price Targets

AMG has been the topic of a number of analyst reports. TD Cowen reiterated a "buy" rating and issued a $454.00 price target on shares of Affiliated Managers Group in a research report on Wednesday, May 13th. Weiss Ratings restated a "buy (b)" rating on shares of Affiliated Managers Group in a report on Friday, June 26th. Wall Street Zen raised shares of Affiliated Managers Group from a "buy" rating to a "strong-buy" rating in a research note on Saturday. Deutsche Bank Aktiengesellschaft reiterated a "buy" rating and issued a $400.00 target price on shares of Affiliated Managers Group in a report on Monday, May 4th. Finally, The Goldman Sachs Group reissued a "buy" rating and issued a $405.00 price target on shares of Affiliated Managers Group in a report on Monday, May 4th. One analyst has rated the stock with a Strong Buy rating and seven have given a Buy rating to the company's stock. According to data from MarketBeat.com, the stock has a consensus rating of "Buy" and a consensus target price of $370.86.

Check Out Our Latest Stock Report on AMG

Key Stories 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.

Insider Buying and Selling at Affiliated Managers Group

In related news, Director Annette Franqui acquired 750 shares of the stock in a transaction dated Monday, June 1st. The stock was bought 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 directly owned 1,962 shares of the company's stock, valued at approximately $598,174.56. The trade was a 61.88% increase in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, CEO Jay C. Horgen sold 17,500 shares of the firm's stock in a transaction on Monday, June 8th. The stock was sold at an average price of $338.27, for a total transaction of $5,919,725.00. Following the sale, the chief executive officer owned 204,706 shares in the company, valued at approximately $69,245,898.62. The trade was a 7.88% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. 2.90% of the stock is owned by corporate insiders.

Affiliated Managers Group Trading Up 1.0%

NYSE:AMG opened at $356.08 on Friday. The company has a debt-to-equity ratio of 0.76, a current ratio of 1.24 and a quick ratio of 1.24. The business's 50-day simple moving average is $359.29 and its 200-day simple moving average is $320.17. Affiliated Managers Group, Inc. has a fifty-two week low of $218.21 and a fifty-two week high of $392.92. The stock has a market capitalization of $9.21 billion, a PE ratio of 12.33, a price-to-earnings-growth ratio of 0.50 and a beta of 1.11.

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

Affiliated Managers Group Dividend Announcement

The business also recently declared a quarterly dividend, which will be paid on Monday, August 24th. Stockholders of record on Monday, August 10th will be issued a $0.01 dividend. This represents a $0.04 annualized dividend and a dividend yield of 0.0%. The ex-dividend date is Monday, August 10th. Affiliated Managers Group's dividend payout ratio is 0.14%.

Affiliated Managers Group Profile

(Free Report)

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.

Further Reading

Institutional Ownership by Quarter for Affiliated Managers Group (NYSE:AMG)

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest reporting and unbiased coverage. Please send any questions or comments about this story to contact@marketbeat.com.

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