Artisan Partners Asset Management (APAM) Stock Forecast, Price & News

4 Wall Street equities 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 equities 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.
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4 brokers have issued 12 month target prices for Artisan Partners Asset Management's shares. Their APAM share price forecasts range from $27.00 to $45.00. On average, they predict the company's share price to reach $34.75 in the next twelve months. This suggests that the stock has a possible downside of 6.9%.
View analysts price targets for APAM or view top-rated stocks among Wall Street analysts.

Artisan Partners Asset Management's stock was trading at $29.70 at the beginning of the year. Since then, APAM stock has increased by 25.7% and is now trading at $37.34.
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The company is scheduled to release its next quarterly earnings announcement on Tuesday, November 7th 2023.
View our APAM earnings forecast.

Artisan Partners Asset Management Inc. (NYSE:APAM) issued its quarterly earnings data on Wednesday, August, 2nd. The asset manager reported $0.71 earnings per share for the quarter, beating analysts' consensus estimates of $0.61 by $0.10. The asset manager earned $242.90 million during the quarter, compared to analysts' expectations of $245.55 million. Artisan Partners Asset Management had a trailing twelve-month return on equity of 77.65% and a net margin of 21.49%. Artisan Partners Asset Management's revenue was down 3.4% on a year-over-year basis. During the same period last year, the business posted $0.79 EPS.

Artisan Partners Asset Management announced a quarterly dividend on Tuesday, August 1st. Shareholders of record on Thursday, August 17th will be given a dividend of $0.61 per share on Thursday, August 31st. This represents a $2.44 dividend on an annualized basis and a yield of 6.53%. The ex-dividend date is Wednesday, August 16th. This is an increase from the stock's previous quarterly dividend of $0.50.
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).

Artisan Partners Asset Management (NYSE:APAM) pays an annual dividend of $2.44 per share and currently has a dividend yield of 6.60%. 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 84.43%. 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 76.01% in the coming year. This indicates that the company may not be able to sustain their current dividend.
Read our dividend analysis for APAM.

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 trades on the New York Stock Exchange (NYSE) under the ticker symbol "APAM."

Artisan Partners Asset Management's stock is owned by many different institutional and retail investors. Top institutional shareholders include Kayne Anderson Rudnick Investment Management LLC (8.55%), BlackRock Inc. (7.85%), State Street Corp (3.31%), Goldman Sachs Group Inc. (3.19%), Charles Schwab Investment Management Inc. (2.31%) and Wasatch Advisors LP (2.04%). Insiders that own company stock include Jason A Gottlieb, 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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One share of APAM stock can currently be purchased for approximately $37.34.

Artisan Partners Asset Management (NYSE:APAM) has a market capitalization of $2.74 billion and generates $993.30 million in revenue each year. The asset manager earns $206.76 million in net income (profit) each year or $2.89 on an earnings per share basis.

The company employs 549 workers across the globe.

Artisan Partners Asset Management's mailing address is 875 EAST WISCONSIN AVENUE SUITE 800, MILWAUKEE WI, 53202. The official website for the company is www.artisanpartners.com. The asset manager can be reached via phone at (414) 390-6100 or via email at ir@artisanpartners.com.