Rep. Lizzie Fletcher Sells Ameriprise Financial, Inc. (NYSE:AMP) Shares

Representative Lizzie Fletcher (Democratic-Texas) recently sold shares of Ameriprise Financial, Inc. NYSE: AMP. In a filing disclosed on May 01st, the Representative disclosed that they had sold between $1,001 and $15,000 in Ameriprise Financial stock on April 8th. The trade occurred in the Representative's "FILER BROKERAGE ACCOUNT (CB)" account.

Representative Lizzie Fletcher also recently made the following trade(s):

• Sold $1,001 - $15,000 in shares of Apple NASDAQ: AAPL on 4/8/2026.
• Sold $1,001 - $15,000 in shares of KLA NASDAQ: KLAC on 4/8/2026.
• Sold $1,001 - $15,000 in shares of Eaton NYSE: ETN on 4/8/2026.
• Sold $1,001 - $15,000 in shares of McKesson NYSE: MCK on 4/8/2026.
• Sold $1,001 - $15,000 in shares of Microsoft NASDAQ: MSFT on 4/8/2026.
• Sold $1,001 - $15,000 in shares of JPMorgan Chase & Co. NYSE: JPM on 4/8/2026.
• Sold $1,001 - $15,000 in shares of Quanta Services NYSE: PWR on 4/8/2026.
• Sold $1,001 - $15,000 in shares of Alphabet NASDAQ: GOOGL on 4/8/2026.
• Sold $1,001 - $15,000 in shares of Eli Lilly and Company NYSE: LLY on 4/8/2026.
• Sold $1,001 - $15,000 in shares of NVIDIA NASDAQ: NVDA on 4/8/2026.

Ameriprise Financial Stock Performance

NYSE AMP opened at $467.24 on Friday. The company's 50 day moving average is $454.79 and its 200-day moving average is $474.20. Ameriprise Financial, Inc. has a 12-month low of $422.37 and a 12-month high of $550.18. The company has a quick ratio of 0.68, a current ratio of 0.66 and a debt-to-equity ratio of 0.90. The firm has a market cap of $42.60 billion, a P/E ratio of 11.62, a price-to-earnings-growth ratio of 1.15 and a beta of 1.20.

Ameriprise Financial (NYSE:AMP - Get Free Report) last posted its quarterly earnings results on Thursday, April 23rd. The financial services provider reported $11.26 earnings per share (EPS) for the quarter, beating the consensus estimate of $10.21 by $1.05. Ameriprise Financial had a net margin of 20.57% and a return on equity of 62.88%. The company had revenue of $4.77 billion for the quarter, compared to analyst estimates of $4.82 billion. During the same quarter in the previous year, the firm posted $9.50 earnings per share. The company's quarterly revenue was up 9.7% compared to the same quarter last year. Sell-side analysts predict that Ameriprise Financial, Inc. will post 41.39 earnings per share for the current year.

Ameriprise Financial Increases Dividend

The firm also recently declared a quarterly dividend, which will be paid on Friday, May 22nd. Stockholders of record on Monday, May 4th will be given a $1.70 dividend. This represents a $6.80 annualized dividend and a dividend yield of 1.5%. This is an increase from Ameriprise Financial's previous quarterly dividend of $1.60. The ex-dividend date of this dividend is Monday, May 4th. Ameriprise Financial's payout ratio is presently 15.92%.

Analyst Upgrades and Downgrades

AMP has been the topic of several research reports. Jefferies Financial Group boosted their price target on shares of Ameriprise Financial from $600.00 to $620.00 and gave the company a "buy" rating in a research report on Monday, February 2nd. Raymond James Financial set a $582.00 price target on shares of Ameriprise Financial and gave the company a "strong-buy" rating in a research report on Wednesday, February 11th. Royal Bank Of Canada reaffirmed an "outperform" rating and set a $605.00 target price (up from $580.00) on shares of Ameriprise Financial in a report on Monday, February 2nd. BMO Capital Markets upped their target price on shares of Ameriprise Financial from $470.00 to $490.00 and gave the stock a "market perform" rating in a report on Friday, April 24th. Finally, Keefe, Bruyette & Woods assumed coverage on shares of Ameriprise Financial in a report on Friday, April 10th. They issued a "hold" rating for the company. One analyst has rated the stock with a Strong Buy rating, four have given a Buy rating, five have given a Hold rating and one has issued a Sell rating to the company's stock. Based on data from MarketBeat.com, the company currently has a consensus rating of "Hold" and a consensus price target of $542.00.

Institutional Inflows and Outflows

Several hedge funds and other institutional investors have recently added to or reduced their stakes in the stock. Citizens Financial Group Inc. RI grew its position in Ameriprise Financial by 22.6% in the first quarter. Citizens Financial Group Inc. RI now owns 4,430 shares of the financial services provider's stock worth $1,969,000 after acquiring an additional 816 shares in the last quarter. Midwest Trust Co grew its position in Ameriprise Financial by 6.0% in the first quarter. Midwest Trust Co now owns 124,637 shares of the financial services provider's stock worth $55,389,000 after acquiring an additional 7,037 shares in the last quarter. Fifth Third Bancorp grew its position in Ameriprise Financial by 519.9% in the first quarter. Fifth Third Bancorp now owns 34,077 shares of the financial services provider's stock worth $15,143,000 after acquiring an additional 28,580 shares in the last quarter. American Trust purchased a new position in Ameriprise Financial in the first quarter worth $303,000. Finally, Candriam S.C.A. grew its position in Ameriprise Financial by 2.9% in the first quarter. Candriam S.C.A. now owns 60,535 shares of the financial services provider's stock worth $26,902,000 after acquiring an additional 1,690 shares in the last quarter. 83.95% of the stock is currently owned by hedge funds and other institutional investors.

Insider Buying and Selling

In related news, CFO Walter Stanley Berman sold 7,000 shares of the company's stock in a transaction on Thursday, February 5th. The shares were sold at an average price of $544.22, for a total value of $3,809,540.00. Following the completion of the transaction, the chief financial officer directly owned 5,609 shares in the company, valued at approximately $3,052,529.98. The trade was a 55.52% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. Also, insider Gumer Alvero sold 4,658 shares of the company's stock in a transaction on Monday, February 9th. The stock was sold at an average price of $542.88, for a total transaction of $2,528,735.04. Following the completion of the transaction, the insider owned 4,621 shares of the company's stock, valued at $2,508,648.48. This trade represents a 50.20% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Over the last ninety days, insiders sold 16,658 shares of company stock worth $8,998,675. Corporate insiders own 0.60% of the company's stock.

About Representative Fletcher

Lizzie Pannill Fletcher (Democratic Party) is a member of the U.S. House, representing Texas' 7th Congressional District. She assumed office on January 3, 2019. Her current term ends on January 3, 2027. Fletcher (Democratic Party) ran for re-election to the U.S. House to represent Texas' 7th Congressional District. She won in the general election on November 5, 2024. Lizzie Pannill Fletcher was born and lives in Houston, Texas. She graduated from St. John's School. She earned a bachelor's degree in history from Kenyon College and a J.D. from William & Mary Law School. Fletcher’s career experience includes working as a lawyer. She co-founded Planned Parenthood Young Leaders in 2000. Fletcher serves as a board member of Writers in the Schools and Open Dance Project.

About Ameriprise Financial

Ameriprise Financial, Inc is a diversified financial services company headquartered in Minneapolis, Minnesota. The firm provides a range of advice-based wealth management, asset management and insurance products to individual and institutional clients. Its business model centers on delivering financial planning and investment advice through a network of financial advisors alongside proprietary product offerings designed to meet retirement, protection and accumulation needs.

Core products and services include comprehensive financial planning and advisory services, managed investment portfolios, retirement planning solutions, annuities and life insurance products.

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