Zacks Research Issues Pessimistic Estimate for AMG Earnings

Affiliated Managers Group, Inc. (NYSE:AMG - Free Report) - Investment analysts at Zacks Research lowered their Q2 2025 earnings estimates for Affiliated Managers Group in a research note issued on Wednesday, July 9th. Zacks Research analyst R. Department now anticipates that the asset manager will post earnings of $5.12 per share for the quarter, down from their previous estimate of $5.13. The consensus estimate for Affiliated Managers Group's current full-year earnings is $22.86 per share. Zacks Research also issued estimates for Affiliated Managers Group's FY2025 earnings at $22.56 EPS, Q3 2026 earnings at $5.93 EPS, FY2026 earnings at $25.27 EPS, Q1 2027 earnings at $6.19 EPS and Q2 2027 earnings at $6.70 EPS.

Affiliated Managers Group (NYSE:AMG - Get Free Report) last announced its quarterly earnings results on Thursday, May 8th. The asset manager reported $5.20 EPS for the quarter, beating the consensus estimate of $5.10 by $0.10. The firm had revenue of $496.60 million during the quarter, compared to the consensus estimate of $508.00 million. Affiliated Managers Group had a net margin of 21.31% and a return on equity of 15.91%. During the same period last year, the firm earned $5.37 EPS.

A number of other analysts also recently issued reports on AMG. The Goldman Sachs Group upgraded Affiliated Managers Group from a "neutral" rating to a "buy" rating and lifted their price target for the company from $197.00 to $218.00 in a research report on Friday, June 27th. Bank of America dropped their target price on shares of Affiliated Managers Group from $211.00 to $195.00 and set a "neutral" rating for the company in a research report on Thursday, April 3rd. Cowen reissued a "hold" rating on shares of Affiliated Managers Group in a report on Wednesday, May 14th. Barrington Research lowered their price objective on shares of Affiliated Managers Group from $215.00 to $200.00 and set an "outperform" rating on the stock in a research report on Tuesday, April 8th. Finally, Wall Street Zen lowered shares of Affiliated Managers Group from a "buy" rating to a "hold" rating in a research report on Friday, June 27th. Four equities research analysts have rated the stock with a hold rating and three have assigned a buy rating to the company's stock. Based on data from MarketBeat, Affiliated Managers Group presently has a consensus rating of "Hold" and a consensus price target of $197.80.

Affiliated Managers Group Stock Performance

Affiliated Managers Group stock traded down $2.04 during midday trading on Friday, hitting $204.92. 101,653 shares of the company's stock were exchanged, compared to its average volume of 219,867. The company has a market cap of $5.83 billion, a P/E ratio of 15.57, a PEG ratio of 0.65 and a beta of 1.09. The stock has a 50-day moving average price of $185.30 and a two-hundred day moving average price of $175.96. Affiliated Managers Group has a 52-week low of $139.22 and a 52-week high of $208.05.

Hedge Funds Weigh In On Affiliated Managers Group

Large investors have recently added to or reduced their stakes in the business. Private Trust Co. NA boosted its position in Affiliated Managers Group by 38.1% during the first quarter. Private Trust Co. NA now owns 301 shares of the asset manager's stock valued at $51,000 after buying an additional 83 shares during the period. Farther Finance Advisors LLC lifted its stake in shares of Affiliated Managers Group by 785.2% in the 1st quarter. Farther Finance Advisors LLC now owns 1,859 shares of the asset manager's stock valued at $315,000 after acquiring an additional 1,649 shares during the last quarter. Charles Schwab Investment Management Inc. boosted its holdings in Affiliated Managers Group by 0.7% during the 4th quarter. Charles Schwab Investment Management Inc. now owns 331,106 shares of the asset manager's stock valued at $61,228,000 after acquiring an additional 2,264 shares during the period. Dodge & Cox bought a new position in Affiliated Managers Group during the 4th quarter worth approximately $1,202,000. Finally, Vestcor Inc purchased a new position in Affiliated Managers Group in the 4th quarter worth approximately $415,000. Hedge funds and other institutional investors own 95.30% of the company's stock.

Affiliated Managers Group Dividend Announcement

The firm also recently disclosed a quarterly dividend, which was paid on Monday, June 2nd. Stockholders of record on Monday, May 19th were paid a $0.01 dividend. The ex-dividend date was Monday, May 19th. This represents a $0.04 dividend on an annualized basis and a dividend yield of 0.02%. Affiliated Managers Group's dividend payout ratio (DPR) is 0.30%.

Affiliated Managers Group Company Profile

Affiliated Managers Group, Inc, through its affiliates, operates as an investment management company providing investment management services to mutual funds, institutional clients,retails and high net worth individuals in the United States. It provides advisory or sub-advisory services to mutual funds.