Zacks Research Issues Negative Forecast for AMG Earnings

Affiliated Managers Group, Inc. (NYSE:AMG - Free Report) - Zacks Research cut their Q2 2025 earnings per share estimates for shares of Affiliated Managers Group in a report issued on Wednesday, July 9th. Zacks Research analyst R. Department now anticipates that the asset manager will post earnings per share of $5.12 for the quarter, down from their previous forecast 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 released its quarterly earnings data on Thursday, May 8th. The asset manager reported $5.20 EPS for the quarter, topping the consensus estimate of $5.10 by $0.10. The company had revenue of $496.60 million for the quarter, compared to the consensus estimate of $508.00 million. Affiliated Managers Group had a return on equity of 15.91% and a net margin of 21.31%. During the same period last year, the business posted $5.37 EPS.

Other research analysts also recently issued reports about the company. The Goldman Sachs Group upgraded Affiliated Managers Group from a "neutral" rating to a "buy" rating and raised their price objective for the stock from $197.00 to $218.00 in a report on Friday, June 27th. TD Cowen dropped their target price on Affiliated Managers Group from $187.00 to $168.00 and set a "hold" rating on the stock in a research report on Wednesday, April 9th. Cowen reaffirmed a "hold" rating on shares of Affiliated Managers Group in a research report on Wednesday, May 14th. Barrington Research dropped their target price on 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, Bank of America dropped their target price on Affiliated Managers Group from $211.00 to $195.00 and set a "neutral" rating on the stock in a research report on Thursday, April 3rd. Four research analysts have rated the stock with a hold rating and three have issued a buy rating to the stock. According to MarketBeat, the stock has an average rating of "Hold" and a consensus target price of $197.80.

Affiliated Managers Group Stock Performance

AMG traded up $1.54 during trading on Friday, hitting $206.49. 148,819 shares of the stock were exchanged, compared to its average volume of 235,754. The firm has a 50 day simple moving average of $185.30 and a 200 day simple moving average of $175.78. The firm has a market cap of $5.87 billion, a price-to-earnings ratio of 15.69, a P/E/G ratio of 0.64 and a beta of 1.09. Affiliated Managers Group has a 1 year low of $139.22 and a 1 year high of $208.05.

Institutional Trading of Affiliated Managers Group

A number of institutional investors have recently made changes to their positions in AMG. Jones Financial Companies Lllp lifted its position in Affiliated Managers Group by 79.5% in the fourth quarter. Jones Financial Companies Lllp now owns 140 shares of the asset manager's stock valued at $26,000 after purchasing an additional 62 shares during the period. Redwood Investment Management LLC lifted its position in Affiliated Managers Group by 0.9% in the first quarter. Redwood Investment Management LLC now owns 7,775 shares of the asset manager's stock valued at $1,306,000 after purchasing an additional 69 shares during the period. Cetera Investment Advisers lifted its position in Affiliated Managers Group by 2.5% in the fourth quarter. Cetera Investment Advisers now owns 2,898 shares of the asset manager's stock valued at $536,000 after purchasing an additional 70 shares during the period. Versant Capital Management Inc lifted its position in Affiliated Managers Group by 70.8% in the first quarter. Versant Capital Management Inc now owns 181 shares of the asset manager's stock valued at $30,000 after purchasing an additional 75 shares during the period. Finally, Parallel Advisors LLC lifted its position in Affiliated Managers Group by 6.8% in the first quarter. Parallel Advisors LLC now owns 1,170 shares of the asset manager's stock valued at $197,000 after purchasing an additional 75 shares during the period. Institutional investors and hedge funds 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 given 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 payout ratio 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.