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

4 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Artisan Partners Asset Management in the last twelve months. There are currently 1 sell rating, 2 hold ratings and 1 buy rating for the stock. The consensus among Wall Street 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.
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4 analysts have issued 1-year target prices for Artisan Partners Asset Management's stock. Their APAM share price targets range from $27.00 to $45.00. On average, they predict the company's share price to reach $34.75 in the next year. This suggests that the stock has a possible downside of 8.4%.
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Artisan Partners Asset Management's stock was trading at $29.70 at the start of the year. Since then, APAM stock has increased by 27.8% and is now trading at $37.95.
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The company is scheduled to release its next quarterly earnings announcement on Tuesday, January 30th 2024.
View our APAM earnings forecast.

Artisan Partners Asset Management Inc. (NYSE:APAM) announced its earnings results on Wednesday, November, 1st. The asset manager reported $0.75 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.47 by $0.28. The asset manager had revenue of $248.70 million for the quarter, compared to analysts' expectations 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 business's quarterly revenue was up 6.1% compared to the same quarter last year. During the same quarter in the previous year, the business posted $0.70 EPS.

Artisan Partners Asset Management declared a quarterly dividend on Tuesday, October 31st. Stockholders 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 6.85%. The ex-dividend date is Wednesday, November 15th. This is a boost from the stock's previous quarterly dividend of $0.61.
Read our dividend analysis for APAM.

Artisan Partners Asset Management (NYSE:APAM) pays an annual dividend of $2.60 per share and currently has a dividend yield of 6.96%. 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.

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).

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.

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).

Artisan Partners Asset Management's stock is owned by a variety of institutional and retail 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.
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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.
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