Zacks Research Has Positive Outlook for AMG Q3 Earnings

Key Points

• Zacks Research raised AMG’s Q3 2026 EPS estimate to $8.48 from $7.53 and maintained a “Strong-Buy” rating. Full-year consensus earnings are currently $36.69 per share.
• AMG recently exceeded quarterly expectations, reporting $8.29 EPS versus the $7.90 consensus and revenue of $640.7 million compared with estimates of $590.9 million.
• Analyst sentiment remains positive, with a consensus “Buy” rating and average price target of $370.86 versus the stock’s recent opening price of $356.08; institutional investors own 95.3% of shares.

Affiliated Managers Group, Inc. (NYSE:AMG - Free Report) - Equities research analysts at Zacks Research raised their Q3 2026 earnings estimates for shares of Affiliated Managers Group in a research note issued on Thursday, August 20th. Zacks Research analyst Team now forecasts that the asset manager will post earnings of $8.48 per share for the quarter, up from their previous estimate of $7.53. Zacks Research has a "Strong-Buy" rating on the stock. The consensus estimate for Affiliated Managers Group's current full-year earnings is $36.69 per share.

AMG has been the subject of a number of other research reports. TD Cowen restated a "buy" rating and issued a $454.00 target price on shares of Affiliated Managers Group in a research note on Wednesday, May 13th. Barrington Research set a $425.00 price target on Affiliated Managers Group in a research note on Friday, July 31st. Wall Street Zen raised Affiliated Managers Group from a "buy" rating to a "strong-buy" rating in a report on Saturday. Deutsche Bank Aktiengesellschaft restated a "buy" rating and issued a $400.00 price objective on shares of Affiliated Managers Group in a research note on Monday, May 4th. Finally, The Goldman Sachs Group reaffirmed a "buy" rating and set a $405.00 target price on shares of Affiliated Managers Group in a report on Monday, May 4th. One research analyst has rated the stock with a Strong Buy rating and seven have assigned a Buy rating to the stock. According to MarketBeat, the company presently has a consensus rating of "Buy" and an average price target of $370.86.

Affiliated Managers Group Price Performance

Shares of AMG opened at $356.08 on Monday. The firm has a market capitalization of $9.21 billion, a PE ratio of 12.33, a price-to-earnings-growth ratio of 0.48 and a beta of 1.11. The company has a debt-to-equity ratio of 0.76, a current ratio of 1.24 and a quick ratio of 1.24. Affiliated Managers Group has a 1-year low of $218.21 and a 1-year high of $392.92. The company's fifty day moving average price is $359.29 and its 200-day moving average price is $320.20.

Affiliated Managers Group (NYSE:AMG - Get Free Report) last issued its quarterly earnings results on Thursday, July 30th. The asset manager reported $8.29 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $7.90 by $0.39. Affiliated Managers Group had a net margin of 37.72% and a return on equity of 21.94%. The business had revenue of $640.70 million for the quarter, compared to analyst estimates of $590.94 million. During the same quarter in the prior year, the business posted $5.39 EPS. Affiliated Managers Group's revenue for the quarter was up .0% compared to the same quarter last year.

Institutional Inflows and Outflows

Institutional investors have recently bought and sold shares of the stock. Wedmont Private Capital lifted its holdings in Affiliated Managers Group by 5.3% in the second quarter. Wedmont Private Capital now owns 771 shares of the asset manager's stock valued at $283,000 after acquiring an additional 39 shares during the period. AlphaGrep UK Ltd purchased a new stake in Affiliated Managers Group in the 2nd quarter worth approximately $357,000. Syon Capital LLC grew its stake in shares of Affiliated Managers Group by 11.1% during the 2nd quarter. Syon Capital LLC now owns 1,612 shares of the asset manager's stock worth $546,000 after purchasing an additional 161 shares during the period. iSAM Funds UK Ltd acquired a new stake in shares of Affiliated Managers Group during the 2nd quarter worth approximately $217,000. Finally, Nykredit A S purchased a new position in shares of Affiliated Managers Group during the 2nd quarter valued at approximately $436,000. 95.30% of the stock is currently owned by hedge funds and other institutional investors.

Insider Activity

In related news, Director Annette Franqui acquired 750 shares of Affiliated Managers Group stock in a transaction on Monday, June 1st. The stock was acquired at an average price of $304.88 per share, for a total transaction of $228,660.00. Following the purchase, the director owned 1,962 shares of the company's stock, valued at approximately $598,174.56. This represents a 61.88% increase in their position. The acquisition was disclosed in a legal filing with the SEC, which is accessible through this hyperlink. Also, CEO Jay C. Horgen sold 17,500 shares of Affiliated Managers Group stock in a transaction dated Monday, June 8th. The shares were sold at an average price of $338.27, for a total value of $5,919,725.00. Following the transaction, the chief executive officer owned 204,706 shares of the company's stock, valued at $69,245,898.62. The trade was a 7.88% decrease in their position. The disclosure for this sale is available in the SEC filing. 2.90% of the stock is currently owned by company insiders.

Affiliated Managers Group Announces Dividend

The business also recently declared a quarterly dividend, which will be paid on Monday, August 24th. Shareholders of record on Monday, August 10th will be given a dividend of $0.01 per share. This represents a $0.04 annualized dividend and a yield of 0.0%. The ex-dividend date of this dividend is Monday, August 10th. Affiliated Managers Group's dividend payout ratio (DPR) is currently 0.14%.

Affiliated Managers Group News Summary

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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