EP Wealth Advisors LLC Purchases New Holdings in Affiliated Managers Group, Inc. $AMG

Key Points

• EP Wealth Advisors acquired 2,883 AMG shares worth approximately $976,000 in the second quarter. Several other institutions also initiated positions, and institutional investors now own 95.3% of the company.
• AMG exceeded quarterly expectations, reporting $8.29 in EPS versus the $7.90 consensus and revenue of $640.7 million versus $590.94 million expected.
• Analysts maintain a positive outlook, with a consensus “Buy” rating and a $370.86 price target; AMG also trades at roughly 12.3 times earnings.

EP Wealth Advisors LLC acquired a new stake in shares of Affiliated Managers Group, Inc. (NYSE:AMG - Free Report) in the second quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm acquired 2,883 shares of the asset manager's stock, valued at approximately $976,000.

Other hedge funds and other institutional investors also recently bought and sold shares of the company. Ieq Capital LLC acquired a new stake in Affiliated Managers Group in the second quarter valued at $3,058,000. Callan Family Office LLC acquired a new position in Affiliated Managers Group in the second quarter valued at approximately $2,112,000. Allworth Financial LP bought a new stake in shares of Affiliated Managers Group in the 2nd quarter worth approximately $155,000. Advisors Capital Management LLC bought a new stake in shares of Affiliated Managers Group in the 2nd quarter worth approximately $245,000. Finally, PCM Encore LLC acquired a new position in Affiliated Managers Group during the 2nd quarter valued at approximately $298,000. 95.30% of the stock is currently owned by hedge funds and other institutional investors.

Insider Buying and Selling

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

Affiliated Managers Group Stock Performance

AMG stock opened at $356.08 on Monday. The company has a 50-day simple moving average of $359.29 and a 200 day simple moving average of $320.20. The company has a market capitalization of $9.21 billion, a P/E ratio of 12.33, a PEG ratio of 0.48 and a beta of 1.11. The company has a quick ratio of 1.24, a current ratio of 1.24 and a debt-to-equity ratio of 0.76. Affiliated Managers Group, Inc. has a fifty-two week low of $218.21 and a fifty-two week high of $392.92.

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

Affiliated Managers Group Announces Dividend

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

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.

Analyst Ratings Changes

AMG has been the topic of several analyst reports. The Goldman Sachs Group reaffirmed a "buy" rating and issued a $405.00 target price on shares of Affiliated Managers Group in a research report on Monday, May 4th. TD Cowen restated a "buy" rating and set a $454.00 price target on shares of Affiliated Managers Group in a research report on Wednesday, May 13th. Deutsche Bank Aktiengesellschaft restated a "buy" rating and set a $400.00 price target on shares of Affiliated Managers Group in a research report on Monday, May 4th. Barrington Research set a $425.00 price objective on shares of Affiliated Managers Group in a research report on Friday, July 31st. Finally, Wall Street Zen raised shares of Affiliated Managers Group from a "buy" rating to a "strong-buy" rating in a research note on Saturday. One research analyst has rated the stock with a Strong Buy rating and seven have assigned a Buy rating to the company. According to data from MarketBeat.com, Affiliated Managers Group currently has a consensus rating of "Buy" and a consensus price target of $370.86.

Affiliated Managers Group 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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