Should I buy or sell Artisan Partners Asset Management stock right now?

4 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for Artisan Partners Asset Management in the last year. There are currently 1 sell rating, 2 hold ratings and 1 buy rating for the stock. The consensus among Wall Street research analysts is that investors should "hold" APAM shares. A hold rating indicates that analysts believe investors should maintain any existing positions they have in APAM, but not buy additional shares or sell existing shares. View APAM analyst ratings or view top-rated stocks .

What is Artisan Partners Asset Management's stock price target for 2024?

4 brokers have issued twelve-month target prices for Artisan Partners Asset Management's shares. Their APAM share price targets range from $27.00 to $45.00. On average, they predict the company's stock price to reach $34.75 in the next twelve months. This suggests that the stock has a possible downside of 7.7%. View analysts price targets for APAM or view top-rated stocks among Wall Street analysts .

How have APAM shares performed in 2023?

Artisan Partners Asset Management's stock was trading at $29.70 at the start of the year. Since then, APAM stock has increased by 26.7% and is now trading at $37.64. View the best growth stocks for 2023 here .

When is Artisan Partners Asset Management's next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Tuesday, January 30th 2024. View our APAM earnings forecast .

How were Artisan Partners Asset Management's earnings last quarter?

Artisan Partners Asset Management Inc. (NYSE:APAM) issued its quarterly earnings results on Wednesday, November, 1st. The asset manager reported $0.75 earnings per share for the quarter, topping analysts' consensus estimates of $0.47 by $0.28. The asset manager had revenue of $248.70 million for the quarter, compared to the consensus estimate of $245.15 million. Artisan Partners Asset Management had a net margin of 22.10% and a trailing twelve-month return on equity of 74.68%. The firm's revenue was up 6.1% compared to the same quarter last year. During the same quarter in the prior year, the firm posted $0.70 earnings per share.

How often does Artisan Partners Asset Management pay dividends? What is the dividend yield for Artisan Partners Asset Management?

Artisan Partners Asset Management declared a quarterly dividend on Tuesday, October 31st. Shareholders of record on Thursday, November 16th will be given a dividend of $0.65 per share on Thursday, November 30th. This represents a $2.60 dividend on an annualized basis and a yield of 6.91%. The ex-dividend date of this dividend is Wednesday, November 15th. This is an increase from the stock's previous quarterly dividend of $0.61. Read our dividend analysis for APAM .

Is Artisan Partners Asset Management a good dividend stock?

Artisan Partners Asset Management (NYSE:APAM) pays an annual dividend of $2.60 per share and currently has a dividend yield of 7.03%. APAM has a dividend yield higher than 75% of all dividend-paying stocks, making it a leading dividend payer. The company does not yet have a strong track record of dividend growth. The dividend payout ratio is 86.67%. Payout ratios above 75% are not desirable because they may not be sustainable. Based on EPS estimates, APAM will have a dividend payout ratio of 104.42% in the coming year. This indicates that the company may not be able to sustain their current dividend. Read our dividend analysis for APAM .

What ETFs hold Artisan Partners Asset Management's stock?

ETFs with the largest weight of Artisan Partners Asset Management (NYSE:APAM) stock in their portfolio include SPDR S&P Capital Markets ETF (KCE) , WisdomTree U.S. SmallCap Quality Dividend Growth Fund (DGRS) , Invesco KBW High Dividend Yield Financial ETF (KBWD) , RiverFront Dynamic US Dividend Advantage ETF (RFDA) , VictoryShares US Small Cap High Div Volatility Wtd ETF (CSB) , Invesco S&P SmallCap Financials ETF (PSCF) , ALPS O'Shares U.S. Small-Cap Quality Dividend ETF (OUSM) and WisdomTree U.S. SmallCap Dividend Fund (DES) .

What is Eric R. Colson's approval rating as Artisan Partners Asset Management's CEO?

15 employees have rated Artisan Partners Asset Management Chief Executive Officer Eric R. Colson on Glassdoor.com . Eric R. Colson has an approval rating of 87% among the company's employees.

What other stocks do shareholders of Artisan Partners Asset Management own?

Based on aggregate information from My MarketBeat watchlists, some companies that other Artisan Partners Asset Management investors own include AT&T (T) , AbbVie (ABBV) , Johnson & Johnson (JNJ) , Pfizer (PFE) , Berry Global Group (BERY) , Comcast (CMCSA) , Enterprise Products Partners (EPD) , Energy Transfer (ET) , General Mills (GIS) and Apollo Global Management (APO) .

Who are Artisan Partners Asset Management's major shareholders?

Artisan Partners Asset Management's stock is owned by a variety of retail and institutional investors. Top institutional investors include Kayne Anderson Rudnick Investment Management LLC (8.42%), Charles Schwab Investment Management Inc. (2.62%), Clarkston Capital Partners LLC (2.59%), Morgan Stanley (2.17%), Victory Capital Management Inc. (2.04%) and Channing Capital Management LLC (1.65%). Insiders that own company stock include Samuel Bentson Sellers and Tench Coxe . View institutional ownership trends .

How do I buy shares of Artisan Partners Asset Management?

Shares of APAM stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include WeBull , Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab. Compare Top Brokerages Here .

Artisan Partners Asset Management Stock Price, News & Analysis (NYSE:APAM)

$37.64

+0.30 (+0.80%)

(As of 11/30/2023 ET)

Compare

Today's Range: $37.48
▼
$38.39
50-Day Range: $32.23
▼
$37.98
52-Week Range: $28.98
▼
$42.97

Volume: 825,142 shs
Average Volume: 652,925 shs
Market Capitalization: $3.01 billion

P/E Ratio: 12.55
Dividend Yield: 6.91%
Price Target: $34.75

Artisan Partners Asset Management MarketRank™ Stock Analysis

Analyst Rating: Hold
2.00 Rating Score
Upside/Downside: 7.7% Downside
$34.75 Price Target
Short Interest: Bearish
6.54% of Shares Sold Short
Dividend Strength: Weak
Based on Four Factors
Sustainability: N/A
News Sentiment: 1.13
Based on 4 Articles This Week
Insider Trading: N/A
Proj. Earnings Growth: -12.32%
From $2.84 to $2.49 Per Share

Overall MarketRank^™

MarketRank is calculated as an average of available category scores, with extra weight given to analysis and valuation.

1.67 out of 5 stars

Finance Sector

739th out of 854 stocks

Investment Advice Industry

40th out of 46 stocks

1.0

Analyst's Opinion

Consensus Rating
Artisan Partners Asset Management has received a consensus rating of Hold. The company's average rating score is 2.00, and is based on 1 buy rating, 2 hold ratings, and 1 sell rating.
Price Target Upside/Downside
According to analysts' consensus price target of $34.75, Artisan Partners Asset Management has a forecasted downside of 7.7% from its current price of $37.64.
Amount of Analyst Coverage
Artisan Partners Asset Management has only been the subject of 1 research reports in the past 90 days.

2.0

Short Interest

Percentage of Shares Shorted
6.54% of the outstanding shares of Artisan Partners Asset Management have been sold short.
Short Interest Ratio / Days to Cover
Artisan Partners Asset Management has a short interest ratio ("days to cover") of 9.5.
Change versus previous month
Short interest in Artisan Partners Asset Management has recently decreased by 2.61%, indicating that investor sentiment is improving.

1.7

Dividend Strength

Dividend Leadership
Artisan Partners Asset Management is a leading dividend payer. It pays a dividend yield of 7.03%, putting its dividend yield in the top 25% of dividend-paying stocks.
Dividend Growth
Artisan Partners Asset Management has only been increasing its dividend for 1 years.
Dividend Coverage
The dividend payout ratio of Artisan Partners Asset Management is 86.67%. Payout ratios above 75% are not desirable because they may not be sustainable.
Dividend Sustainability
Based on EPS estimates, Artisan Partners Asset Management will have a dividend payout ratio of 104.42% in the coming year. This indicates that Artisan Partners Asset Management may not be able to sustain their current dividend.

N/A

Sustainability and ESG

Overall ESG (Environmental, Social, and Governance) Score
There is no current Upright™ data available for APAM.

3.4

News and Social Media Coverage

News Sentiment
Artisan Partners Asset Management has a news sentiment score of 1.13. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a higher news sentiment than the 0.64 average news sentiment score of Finance companies.
News Coverage This Week
MarketBeat has tracked 4 news articles for Artisan Partners Asset Management this week, compared to 2 articles on an average week.
MarketBeat Follows
3 people have added Artisan Partners Asset Management to their MarketBeat watchlist in the last 30 days. This is an increase of 50% compared to the previous 30 days.

2.5

Company Ownership

Insider Buying vs. Insider Selling
In the past three months, Artisan Partners Asset Management insiders have not sold or bought any company stock.
Percentage Held by Insiders
18.50% of the stock of Artisan Partners Asset Management is held by insiders. A high percentage of insider ownership can be a sign of company health.
Percentage Held by Institutions
89.45% of the stock of Artisan Partners Asset Management is held by institutions. High institutional ownership can be a signal of strong market trust in this company.

1.3

Earnings and Valuation

Earnings Growth
Earnings for Artisan Partners Asset Management are expected to decrease by -12.32% in the coming year, from $2.84 to $2.49 per share.
Price to Earnings Ratio vs. the Market
The P/E ratio of Artisan Partners Asset Management is 12.55, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 120.90.
Price to Earnings Ratio vs. Sector
The P/E ratio of Artisan Partners Asset Management is 12.55, which means that it is trading at a less expensive P/E ratio than the Finance sector average P/E ratio of about 49.10.
Price to Book Value per Share Ratio
Artisan Partners Asset Management has a P/B Ratio of 9.32. P/B Ratios above 3 indicate that a company could be overvalued with respect to its assets and liabilities.

See Top Rated MarketRank™ Stocks Here

About Artisan Partners Asset Management Stock (NYSE:APAM)

Artisan Partners Asset Management Inc. is publicly owned investment manager. It provides its services to pension and profit sharing plans, trusts, endowments, foundations, charitable organizations, government entities, private funds and non-U.S. funds, as well as mutual funds, non-U.S. funds and collective trusts. It manages separate client-focused equity and fixed income portfolios. The firm invests in the public equity and fixed income markets across the globe. It invests in growth and value stocks of companies across all market capitalization. For fixed income component of its portfolio the firm invests in non-investment grade corporate bonds and secured and unsecured loans. It employs fundamental analysis to create its portfolios. Artisan Partners Asset Management Inc. was founded in 1994 and is based in Milwaukee, Wisconsin with additional offices in Atlanta, Georgia; New York City; San Francisco, California; Leawood, Kansas; and London, United Kingdom.

APAM Stock Price History

30 days | 90 days | 365 days | Advanced Chart

APAM Stock News Headlines

November 30, 2023 | finance.yahoo.com

Robust AUM Supports Artisan Partners (APAM), High Costs Ail

November 30, 2023 | finance.yahoo.com

Artisan Partners (APAM) Up 10.6% Since Last Earnings Report: Can It Continue?

December 1, 2023 | Wealthpress (Ad)

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November 29, 2023 | americanbankingnews.com

Artisan Partners Asset Management (NYSE:APAM) Stock Rating Upgraded by StockNews.com

November 26, 2023 | americanbankingnews.com

Artisan Partners Asset Management Inc. (NYSE:APAM) Given Average Recommendation of "Hold" by Brokerages

November 14, 2023 | msn.com

Artisan Partners Asset Management goes ex dividend tomorrow

November 10, 2023 | finance.yahoo.com

Here's What We Like About Artisan Partners Asset Management's (NYSE:APAM) Upcoming Dividend

November 9, 2023 | finance.yahoo.com

Artisan Partners Asset Management Inc. Reports October 2023 Assets Under Management

December 1, 2023 | Wealthpress (Ad)

Trading Experts Call It “The Perfect Tesla Trade”

November 6, 2023 | finance.yahoo.com

Artisan Partners Asset Management Inc. (NYSE:APAM) Q3 2023 Earnings Call Transcript

November 4, 2023 | investing.com

Artisan Partners Asset Management hikes dividend yield to 7.3%

November 4, 2023 | finance.yahoo.com

Artisan Partners Asset Management (NYSE:APAM) Is Increasing Its Dividend To $0.65

November 2, 2023 | finance.yahoo.com

Q3 2023 Artisan Partners Asset Management Inc Earnings Call

November 1, 2023 | finance.yahoo.com

Artisan Partners (APAM) Q3 Earnings Beat Estimates, AUM Falls

October 31, 2023 | finance.yahoo.com

Artisan Partners Asset Management Inc. Reports 3Q23 Results

October 30, 2023 | msn.com

Artisan Partners Asset Management Q3 2023 Earnings Preview

October 17, 2023 | finance.yahoo.com

Artisan Partners Asset Management Inc. to Announce 3Q23 Results on October 31, 2023

October 12, 2023 | msn.com

Artisan Partners Asset Management: Time To Let Go?

October 10, 2023 | finance.yahoo.com

Artisan Partners Asset Management Inc. Reports September 2023 Assets Under Management

October 5, 2023 | finance.yahoo.com

Despite lower earnings than a year ago, Artisan Partners Asset Management (NYSE:APAM) investors are up 38% since then

September 29, 2023 | finance.yahoo.com

Is Artisan Partners (APAM) Worth a Look for 6.6% Dividend Yield?

September 28, 2023 | markets.businessinsider.com

Analysts Have Conflicting Sentiments on These Financial Companies: Shift4 Payments (FOUR), Artisan Partners (APAM) and Paychex (PAYX)

September 21, 2023 | insidermonkey.com

Artisan Partners Global Value Fund Q2 2023 Investor Letter

September 20, 2023 | finance.yahoo.com

Artisan Partners Asset Management Inc. Announces Investor Day on September 27, 2023

September 12, 2023 | msn.com

Artisan Partners AUM declines 2.5% M/M in August

September 12, 2023 | finance.yahoo.com

Artisan Partners Asset Management Inc. Reports August 2023 Assets Under Management

August 11, 2023 | finance.yahoo.com

There's A Lot To Like About Artisan Partners Asset Management's (NYSE:APAM) Upcoming US$0.61 Dividend

See More Headlines

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Company Calendar

Last Earnings: 11/01/2023
Ex-Dividend for 11/30 Dividend: 11/15/2023
Dividend Payable: 11/30/2023
Today: 12/01/2023
Fiscal Year End: 12/31/2023
Next Earnings (Estimated): 1/30/2024

Get Stock Alerts

Industry, Sector and Symbol

Stock Exchange: NYSE
Industry: Investment advice
Sub-Industry: N/A
Sector: Finance
Current Symbol: NYSE:APAM
CUSIP: N/A
CIK: 1517302
Web: www.artisanpartners.com
Phone: (414) 390-6100
Fax: N/A
Employees: 549
Year Founded: N/A

Price Target and Rating

Average Stock Price Target: $34.75
High Stock Price Target: $45.00
Low Stock Price Target: $27.00
Potential Upside/Downside: -7.7%
Consensus Rating: Hold
Rating Score (0-4): 2.00
Research Coverage: 4 Analysts

Profitability

EPS (Most Recent Fiscal Year): $3.00
Trailing P/E Ratio: 12.55
Forward P/E Ratio: 13.25
P/E Growth: N/A
Net Income: $206.76 million
Net Margins: 22.10%
Pretax Margin: 37.14%
Return on Equity: 74.68%
Return on Assets: 16.50%

Debt

Debt-to-Equity Ratio: 0.62
Current Ratio: 0.65
Quick Ratio: 0.65

Sales & Book Value

Annual Sales: $993.30 million
Price / Sales: 3.03
Cash Flow: $3.30 per share
Price / Cash Flow: 11.42
Book Value: $4.04 per share
Price / Book: 9.32

Miscellaneous

Outstanding Shares: 79,960,000
Free Float: 65,168,000
Market Cap: $3.01 billion
Optionable: Optionable
Beta: 1.84

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Key Executives

Mr. Eric Richard Colson C.F.A. (Age 54)
CEO & Director
Comp: $4.83M
Mr. Jason A. Gottlieb (Age 53)
President
Comp: $3.41M
Mr. Charles James Daley Jr. (Age 60)
CPA, Executive VP, CFO & Treasurer
Comp: $1.99M
Mr. Christopher Jon Krein (Age 51)
Executive VP & Head of Global Distribution
Comp: $2.15M
Mr. Samuel Bentson Sellers (Age 40)
Executive VP & COO
Ms. Eileen Lee Kwei (Age 44)
Executive VP & Chief Administrative Officer
Ms. Laura Ellen Simpson
Executive VP, Chief Legal Officer & Corporate Secretary
Mr. Gregory Kenneth Ramirez CPA (Age 52)
Executive VP & Head of Vehicle Administration
Comp: $1.44M
Mr. Daniel J. O'Keefe
MD and Lead Portfolio Manager of Global Value & Select Equity Strategies
Mr. James Stephen Hamman Jr. (Age 53)
Executive Vice President
Comp: $1.4M

Key Competitors

View All Competitors

Insiders & Institutions

View All Insider Transactions
View All Institutional Transactions

APAM Stock Analysis - Frequently Asked Questions

Should I buy or sell Artisan Partners Asset Management stock right now?: 4 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for Artisan Partners Asset Management in the last year. There are currently 1 sell rating, 2 hold ratings and 1 buy rating for the stock. The consensus among Wall Street research analysts is that investors should "hold" APAM shares. A hold rating indicates that analysts believe investors should maintain any existing positions they have in APAM, but not buy additional shares or sell existing shares.
View APAM analyst ratings or view top-rated stocks.
What is Artisan Partners Asset Management's stock price target for 2024?: 4 brokers have issued twelve-month target prices for Artisan Partners Asset Management's shares. Their APAM share price targets range from $27.00 to $45.00. On average, they predict the company's stock price to reach $34.75 in the next twelve months. This suggests that the stock has a possible downside of 7.7%.
View analysts price targets for APAM or view top-rated stocks among Wall Street analysts.
How have APAM shares performed in 2023?: Artisan Partners Asset Management's stock was trading at $29.70 at the start of the year. Since then, APAM stock has increased by 26.7% and is now trading at $37.64.
View the best growth stocks for 2023 here.
When is Artisan Partners Asset Management's next earnings date?: The company is scheduled to release its next quarterly earnings announcement on Tuesday, January 30th 2024.
View our APAM earnings forecast.
How were Artisan Partners Asset Management's earnings last quarter?: Artisan Partners Asset Management Inc. (NYSE:APAM) issued its quarterly earnings results on Wednesday, November, 1st. The asset manager reported $0.75 earnings per share for the quarter, topping analysts' consensus estimates of $0.47 by $0.28. The asset manager had revenue of $248.70 million for the quarter, compared to the consensus estimate of $245.15 million. Artisan Partners Asset Management had a net margin of 22.10% and a trailing twelve-month return on equity of 74.68%. The firm's revenue was up 6.1% compared to the same quarter last year. During the same quarter in the prior year, the firm posted $0.70 earnings per share.
How often does Artisan Partners Asset Management pay dividends? What is the dividend yield for Artisan Partners Asset Management?: Artisan Partners Asset Management declared a quarterly dividend on Tuesday, October 31st. Shareholders of record on Thursday, November 16th will be given a dividend of $0.65 per share on Thursday, November 30th. This represents a $2.60 dividend on an annualized basis and a yield of 6.91%. The ex-dividend date of this dividend is Wednesday, November 15th. This is an increase from the stock's previous quarterly dividend of $0.61.
Read our dividend analysis for APAM.

Is Artisan Partners Asset Management a good dividend stock?: Artisan Partners Asset Management (NYSE:APAM) pays an annual dividend of $2.60 per share and currently has a dividend yield of 7.03%. APAM has a dividend yield higher than 75% of all dividend-paying stocks, making it a leading dividend payer. The company does not yet have a strong track record of dividend growth. The dividend payout ratio is 86.67%. Payout ratios above 75% are not desirable because they may not be sustainable. Based on EPS estimates, APAM will have a dividend payout ratio of 104.42% in the coming year. This indicates that the company may not be able to sustain their current dividend.
Read our dividend analysis for APAM.
What ETFs hold Artisan Partners Asset Management's stock?: ETFs with the largest weight of Artisan Partners Asset Management (NYSE:APAM) stock in their portfolio include SPDR S&P Capital Markets ETF (KCE), WisdomTree U.S. SmallCap Quality Dividend Growth Fund (DGRS), Invesco KBW High Dividend Yield Financial ETF (KBWD), RiverFront Dynamic US Dividend Advantage ETF (RFDA), VictoryShares US Small Cap High Div Volatility Wtd ETF (CSB), Invesco S&P SmallCap Financials ETF (PSCF), ALPS O'Shares U.S. Small-Cap Quality Dividend ETF (OUSM) and WisdomTree U.S. SmallCap Dividend Fund (DES).
What is Eric R. Colson's approval rating as Artisan Partners Asset Management's CEO?: 15 employees have rated Artisan Partners Asset Management Chief Executive Officer Eric R. Colson on Glassdoor.com. Eric R. Colson has an approval rating of 87% among the company's employees.
What other stocks do shareholders of Artisan Partners Asset Management own?: Based on aggregate information from My MarketBeat watchlists, some companies that other Artisan Partners Asset Management investors own include AT&T (T), AbbVie (ABBV), Johnson & Johnson (JNJ), Pfizer (PFE), Berry Global Group (BERY), Comcast (CMCSA), Enterprise Products Partners (EPD), Energy Transfer (ET), General Mills (GIS) and Apollo Global Management (APO).
Who are Artisan Partners Asset Management's major shareholders?: Artisan Partners Asset Management's stock is owned by a variety of retail and institutional investors. Top institutional investors include Kayne Anderson Rudnick Investment Management LLC (8.42%), Charles Schwab Investment Management Inc. (2.62%), Clarkston Capital Partners LLC (2.59%), Morgan Stanley (2.17%), Victory Capital Management Inc. (2.04%) and Channing Capital Management LLC (1.65%). Insiders that own company stock include Samuel Bentson Sellers and Tench Coxe.
View institutional ownership trends.
How do I buy shares of Artisan Partners Asset Management?: Shares of APAM stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.
Compare Top Brokerages Here.

This page (NYSE:APAM) was last updated on 12/1/2023 by MarketBeat.com Staff

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