Artisan Partners Asset Management - APAM Stock Forecast, Price & News

5 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Artisan Partners Asset Management in the last year. There are currently 4 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.
View APAM analyst ratings or view top-rated stocks.

5 Wall Street research analysts have issued 1 year price objectives for Artisan Partners Asset Management's shares. Their APAM share price forecasts range from $30.00 to $39.00. 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 7.3%.
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 start of the year. Since then, APAM shares have increased by 26.2% and is now trading at $37.47.
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Artisan Partners Asset Management saw a decrease in short interest in January. As of January 15th, there was short interest totaling 2,480,000 shares, a decrease of 5.3% from the December 31st total of 2,620,000 shares. Based on an average daily trading volume, of 503,700 shares, the days-to-cover ratio is presently 4.9 days.
View Artisan Partners Asset Management's Short Interest.

The company is scheduled to release its next quarterly earnings announcement on Tuesday, April 25th 2023.
View our APAM earnings forecast.

Artisan Partners Asset Management Inc. (NYSE:APAM) posted its quarterly earnings data on Wednesday, February, 1st. The asset manager reported $0.65 earnings per share for the quarter, topping analysts' consensus estimates of $0.62 by $0.03. The asset manager earned $226 million during the quarter, compared to analysts' expectations of $222.60 million. Artisan Partners Asset Management had a net margin of 20.82% and a trailing twelve-month return on equity of 99.80%. The business's quarterly revenue was down 28.3% on a year-over-year basis. During the same period in the prior year, the company earned $1.29 earnings per share.

Artisan Partners Asset Management declared a quarterly dividend on Tuesday, January 31st. Shareholders of record on Tuesday, February 14th will be paid a dividend of $0.90 per share on Tuesday, February 28th. This represents a $3.60 annualized dividend and a dividend yield of 9.61%. The ex-dividend date is Monday, February 13th. This is a boost from the stock's previous quarterly dividend of $0.56.
Read our dividend analysis for APAM.

Artisan Partners Asset Management (NYSE:APAM) pays an annual dividend of $2.24 per share and currently has a dividend yield of 6.03%. APAM has a dividend yield higher than 75% of all dividend-paying stocks, making it a leading dividend payer. The dividend payout ratio is 76.45%. 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 77.78% 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 a number of retail and institutional investors. Top institutional investors include Fisher Asset Management LLC (2.32%), Vaughan Nelson Investment Management L.P. (0.87%), Bernzott Capital Advisors (0.74%), New York State Common Retirement Fund (0.53%), Natixis Advisors L.P. (0.15%) and Greatmark Investment Partners Inc. (0.10%). Insiders that own company stock include Jason A Gottlieb and Tench Coxe.
View institutional ownership trends.

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 $37.47.

Artisan Partners Asset Management (NYSE:APAM) has a market capitalization of $2.98 billion and generates $993.30 million in revenue each year. The asset manager earns $336.52 million in net income (profit) each year or $2.93 on an earnings per share basis.

The company employs 498 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.