Wall Street Zen Upgrades Affiliated Managers Group (NYSE:AMG) to Strong-Buy

Key Points

• Wall Street Zen upgraded Affiliated Managers Group to “strong-buy” from “buy,” joining Zacks Research’s strong-buy rating. The broader analyst consensus remains “Buy,” with a $370.86 price target.
• AMG reported quarterly EPS of $8.29, beating estimates of $7.90, while revenue of $640.7 million exceeded forecasts of $590.94 million. The stock trades near $356, with a P/E ratio of 12.33.
• Institutional investors own 95.3% of AMG’s shares, with several large funds increasing their positions. Insider activity was mixed as the CEO sold shares while a director bought additional stock.

Affiliated Managers Group (NYSE:AMG - Get Free Report) was upgraded by equities researchers at Wall Street Zen from a "buy" rating to a "strong-buy" rating in a report released on Saturday.

Several other research analysts have also recently weighed in on the stock. Zacks Research raised shares of Affiliated Managers Group from a "hold" rating to a "strong-buy" rating in a research report on Tuesday, August 4th. TD Cowen reaffirmed a "buy" rating and issued a $454.00 target price on shares of Affiliated Managers Group in a research report on Wednesday, May 13th. Weiss Ratings reaffirmed 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 target on shares of Affiliated Managers Group in a research report on Friday, July 31st. Finally, Deutsche Bank Aktiengesellschaft reissued a "buy" rating and issued a $400.00 price target on shares of Affiliated Managers Group in a research note on Monday, May 4th. One equities research analyst has rated the stock with a Strong Buy rating and seven have assigned a Buy rating to the company. Based on data from MarketBeat, Affiliated Managers Group currently has a consensus rating of "Buy" and a consensus price target of $370.86.

Affiliated Managers Group Price Performance

Affiliated Managers Group stock opened at $356.08 on Friday. The company's fifty day moving average price is $359.29 and its 200 day moving average price is $320.17. Affiliated Managers Group has a 1 year low of $218.21 and a 1 year high of $392.92. The stock has a market capitalization of $9.21 billion, a P/E ratio of 12.33, a P/E/G ratio of 0.50 and a beta of 1.11. The company has a debt-to-equity ratio of 0.76, a quick ratio of 1.24 and a current ratio of 1.24.

Affiliated Managers Group (NYSE:AMG - Get Free Report) last posted its quarterly earnings data on Thursday, July 30th. The asset manager reported $8.29 EPS for the quarter, topping the consensus estimate of $7.90 by $0.39. The company 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%.Affiliated Managers Group's quarterly revenue was up .0% on a year-over-year basis. During the same period in the previous year, the business earned $5.39 EPS. As a group, equities research analysts anticipate that Affiliated Managers Group will post 36.69 earnings per share for the current fiscal year.

Insider Transactions at Affiliated Managers Group

In other news, CEO Jay C. Horgen sold 17,500 shares of the business's stock in a transaction dated 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 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 sale was disclosed in a filing with the SEC, which can be accessed through the SEC website. Also, Director Annette Franqui bought 750 shares of the business's stock in a transaction that occurred on Monday, June 1st. The shares were purchased at an average price of $304.88 per share, for a total transaction of $228,660.00. Following the completion of the purchase, the director directly owned 1,962 shares of the company's stock, valued at approximately $598,174.56. This trade represents a 61.88% increase in their position. Additional details regarding this purchase are available in the official SEC disclosure. 2.90% of the stock is owned by company insiders.

Institutional Inflows and Outflows

Several institutional investors and hedge funds have recently added to or reduced their stakes in the company. Fisher Asset Management LLC boosted its holdings in shares of Affiliated Managers Group by 19.7% in the fourth quarter. Fisher Asset Management LLC now owns 243,830 shares of the asset manager's stock valued at $70,291,000 after acquiring an additional 40,107 shares during the period. Sei Investments Co. increased its holdings in shares of Affiliated Managers Group by 5.2% in the 1st quarter. Sei Investments Co. now owns 107,654 shares of the asset manager's stock valued at $29,787,000 after acquiring an additional 5,357 shares during the period. Mitsubishi UFJ Trust & Banking Corp increased its holdings 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 valued at $7,149,000 after acquiring an additional 4,258 shares during the period. Y Intercept Hong Kong Ltd acquired a new position in shares of Affiliated Managers Group in the 1st quarter valued at $7,164,000. Finally, Northwestern Mutual Wealth Management Co. raised its position in Affiliated Managers Group by 28,466.0% in the 4th quarter. Northwestern Mutual Wealth Management Co. now owns 193,392 shares of the asset manager's stock valued at $58,240,000 after purchasing an additional 192,715 shares during the last quarter. Institutional investors and hedge funds own 95.30% of the company's stock.

More 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.

About Affiliated Managers Group

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.

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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