Kendall Capital Management Invests $1.25 Million in Affiliated Managers Group, Inc. $AMG

Key Points

• Kendall Capital Management purchased a new $1.25 million stake in Affiliated Managers Group during the second quarter, buying 3,685 shares. Institutional investors collectively own 95.3% of AMG.
• AMG reported quarterly EPS of $8.29, beating estimates of $7.90, while revenue of $640.7 million also exceeded forecasts. Shares opened at $356.08, with a market capitalization of approximately $9.21 billion.
• Analyst sentiment remains positive, with AMG holding a consensus “Buy” rating and an average price target of $370.86. The company also declared a quarterly dividend of $0.01 per share.

Kendall Capital Management purchased a new stake in shares of Affiliated Managers Group, Inc. (NYSE:AMG - Free Report) during the second quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm purchased 3,685 shares of the asset manager's stock, valued at approximately $1,247,000.

Other hedge funds and other institutional investors have also modified their holdings of the company. Goldman Sachs Group Inc. grew its position in Affiliated Managers Group by 1.3% in the 1st quarter. Goldman Sachs Group Inc. now owns 113,353 shares of the asset manager's stock valued at $19,047,000 after buying an additional 1,428 shares in the last quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC raised its position in shares of Affiliated Managers Group by 4.6% during the 1st 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 buying an additional 6,262 shares in the last quarter. Jane Street Group LLC bought a new stake in shares of Affiliated Managers Group during the 1st quarter worth about $1,947,000. American Century Companies Inc. lifted its stake in shares of Affiliated Managers Group by 1.2% in the 2nd quarter. American Century Companies Inc. now owns 8,552 shares of the asset manager's stock worth $1,683,000 after acquiring an additional 104 shares during the period. Finally, EverSource Wealth Advisors LLC lifted its stake in shares of Affiliated Managers Group by 89.9% in the 2nd quarter. EverSource Wealth Advisors LLC now owns 281 shares of the asset manager's stock worth $55,000 after acquiring an additional 133 shares during the period. 95.30% of the stock is currently owned by institutional investors.

Affiliated Managers Group Stock 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 company'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 12 month low of $218.21 and a 12 month high of $392.92. The company has a market capitalization of $9.21 billion, a P/E ratio of 12.33, a PEG ratio of 0.50 and a beta of 1.11.

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 business had revenue of $640.70 million during the quarter, compared to analyst estimates of $590.94 million. Affiliated Managers Group had a net margin of 37.72% and a return on equity of 21.94%. The business's quarterly revenue was up .0% on a year-over-year basis. During the same period in the prior year, the business earned $5.39 earnings per share. Equities research analysts expect that Affiliated Managers Group, Inc. will post 36.69 earnings per share for the current fiscal year.

Affiliated Managers Group Announces Dividend

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

Insider Buying and Selling at Affiliated Managers Group

In other 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 transaction of $5,919,725.00. Following the completion of the sale, the chief executive officer directly owned 204,706 shares of the company's stock, valued at $69,245,898.62. This represents a 7.88% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is available at the SEC website. Also, Director Annette Franqui bought 750 shares of Affiliated Managers Group stock in a transaction dated Monday, June 1st. The shares were bought at an average cost of $304.88 per share, with a total value of $228,660.00. Following the completion of the acquisition, the director owned 1,962 shares of the company's stock, valued at $598,174.56. The trade was a 61.88% increase in their ownership of the stock. Additional details regarding this purchase are available in the official SEC disclosure. Company insiders own 2.90% of the company's stock.

Analyst Ratings Changes

A number of research analysts recently commented on the stock. Deutsche Bank Aktiengesellschaft reiterated a "buy" rating and set a $400.00 price objective on shares of Affiliated Managers Group in a research note on Monday, May 4th. Zacks Research raised Affiliated Managers Group from a "hold" rating to a "strong-buy" rating in a research note on Tuesday, August 4th. TD Cowen reiterated a "buy" rating and set a $454.00 price target on shares of Affiliated Managers Group in a research report on Wednesday, May 13th. The Goldman Sachs Group reissued a "buy" rating and issued a $405.00 price objective on shares of Affiliated Managers Group in a research note on Monday, May 4th. Finally, Wall Street Zen upgraded Affiliated Managers Group from a "buy" rating to a "strong-buy" rating in a report on Saturday. One investment analyst has rated the stock with a Strong Buy rating and seven have issued a Buy rating to the stock. Based on data from MarketBeat.com, Affiliated Managers Group currently has an average rating of "Buy" and a consensus target price of $370.86.

Key Affiliated Managers Group News

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.

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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