William Blair Issues Pessimistic Outlook for AMP Earnings

Ameriprise Financial, Inc. (NYSE:AMP - Free Report) - Stock analysts at William Blair cut their Q2 2025 EPS estimates for Ameriprise Financial in a report released on Friday, April 25th. William Blair analyst J. Schmitt now anticipates that the financial services provider will earn $8.97 per share for the quarter, down from their previous estimate of $9.10. The consensus estimate for Ameriprise Financial's current full-year earnings is $38.64 per share. William Blair also issued estimates for Ameriprise Financial's Q3 2025 earnings at $9.31 EPS, Q4 2025 earnings at $9.73 EPS, FY2025 earnings at $37.50 EPS and FY2026 earnings at $40.75 EPS.

Other equities research analysts also recently issued research reports about the company. Keefe, Bruyette & Woods decreased their price target on Ameriprise Financial from $520.00 to $510.00 and set a "market perform" rating for the company in a report on Tuesday. UBS Group downgraded shares of Ameriprise Financial from a "buy" rating to a "neutral" rating and lowered their target price for the company from $580.00 to $570.00 in a report on Monday, January 6th. Royal Bank of Canada boosted their price target on shares of Ameriprise Financial from $550.00 to $565.00 and gave the stock an "outperform" rating in a report on Tuesday. Piper Sandler upped their price objective on shares of Ameriprise Financial from $415.00 to $442.00 and gave the stock an "underweight" rating in a research report on Friday, January 31st. Finally, Morgan Stanley lifted their target price on shares of Ameriprise Financial from $507.00 to $542.00 and gave the stock an "equal weight" rating in a research report on Tuesday, March 4th. One analyst has rated the stock with a sell rating, four have assigned a hold rating, three have given a buy rating and one has given a strong buy rating to the company's stock. According to data from MarketBeat, Ameriprise Financial presently has a consensus rating of "Hold" and a consensus target price of $509.67.

Ameriprise Financial Stock Down 0.2 %

AMP stock traded down $1.13 during mid-day trading on Monday, reaching $470.52. 480,033 shares of the company traded hands, compared to its average volume of 491,437. The stock has a market cap of $45.08 billion, a price-to-earnings ratio of 14.23, a P/E/G ratio of 1.15 and a beta of 1.23. Ameriprise Financial has a fifty-two week low of $385.74 and a fifty-two week high of $582.05. The firm's 50 day moving average price is $483.86 and its 200 day moving average price is $521.92. The company has a quick ratio of 0.59, a current ratio of 0.59 and a debt-to-equity ratio of 1.01.

Ameriprise Financial (NYSE:AMP - Get Free Report) last posted its quarterly earnings results on Thursday, April 24th. The financial services provider reported $9.50 earnings per share (EPS) for the quarter, beating the consensus estimate of $9.08 by $0.42. Ameriprise Financial had a net margin of 19.70% and a return on equity of 69.35%. The business had revenue of $4.35 billion during the quarter, compared to the consensus estimate of $4.45 billion. During the same quarter last year, the firm posted $8.39 EPS. Ameriprise Financial's revenue was up 3.6% compared to the same quarter last year.

Institutional Investors Weigh In On Ameriprise Financial

Several institutional investors have recently made changes to their positions in the stock. GAMMA Investing LLC increased its position in shares of Ameriprise Financial by 49,248.9% during the first quarter. GAMMA Investing LLC now owns 2,114,108 shares of the financial services provider's stock valued at $1,023,461,000 after buying an additional 2,109,824 shares during the period. Norges Bank purchased a new position in shares of Ameriprise Financial during the 4th quarter valued at $689,272,000. JPMorgan Chase & Co. increased its holdings in shares of Ameriprise Financial by 12.1% in the fourth quarter. JPMorgan Chase & Co. now owns 4,801,913 shares of the financial services provider's stock worth $2,556,683,000 after purchasing an additional 516,437 shares during the period. Proficio Capital Partners LLC raised its position in shares of Ameriprise Financial by 79,679.4% in the fourth quarter. Proficio Capital Partners LLC now owns 371,772 shares of the financial services provider's stock worth $197,943,000 after buying an additional 371,306 shares in the last quarter. Finally, Robeco Institutional Asset Management B.V. boosted its stake in Ameriprise Financial by 429.0% during the fourth quarter. Robeco Institutional Asset Management B.V. now owns 417,149 shares of the financial services provider's stock valued at $222,103,000 after buying an additional 338,298 shares during the period. Hedge funds and other institutional investors own 83.95% of the company's stock.

Insider Buying and Selling at Ameriprise Financial

In other Ameriprise Financial news, CEO William F. Truscott sold 6,000 shares of the company's stock in a transaction dated Thursday, February 6th. The shares were sold at an average price of $540.29, for a total transaction of $3,241,740.00. Following the sale, the chief executive officer now directly owns 14,023 shares of the company's stock, valued at $7,576,486.67. This represents a 29.97 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. Also, Director Robert Francis Sharpe, Jr. sold 1,000 shares of Ameriprise Financial stock in a transaction dated Wednesday, February 12th. The stock was sold at an average price of $523.12, for a total transaction of $523,120.00. Following the completion of the transaction, the director now owns 10,000 shares of the company's stock, valued at $5,231,200. The trade was a 9.09 % decrease in their position. The disclosure for this sale can be found here. Over the last ninety days, insiders sold 11,636 shares of company stock valued at $6,263,989. Company insiders own 0.57% of the company's stock.

Ameriprise Financial announced that its Board of Directors has authorized a share repurchase plan on Thursday, April 24th that authorizes the company to repurchase $4.50 billion in outstanding shares. This repurchase authorization authorizes the financial services provider to repurchase up to 9.9% of its shares through open market purchases. Shares repurchase plans are usually a sign that the company's board of directors believes its stock is undervalued.

Ameriprise Financial Increases Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Monday, May 19th. Investors of record on Monday, May 5th will be paid a $1.60 dividend. This is an increase from Ameriprise Financial's previous quarterly dividend of $1.48. The ex-dividend date is Monday, May 5th. This represents a $6.40 annualized dividend and a yield of 1.36%. Ameriprise Financial's dividend payout ratio is presently 21.75%.

Ameriprise Financial Company Profile

Ameriprise Financial, Inc, together with its subsidiaries, provides various financial products and services to individual and institutional clients in the United States and internationally. It operates through four segments: Advice & Wealth Management, Asset Management, Retirement & Protection Solutions, and Corporate & Other.