Zacks Research Has Negative Forecast for AMG Q1 Earnings

Affiliated Managers Group, Inc. (NYSE:AMGFree Report) – Zacks Research lowered their Q1 2025 earnings per share (EPS) estimates for Affiliated Managers Group in a research report issued on Monday, November 25th. Zacks Research analyst R. Department now expects that the asset manager will post earnings per share of $5.11 for the quarter, down from their prior forecast of $5.17. The consensus estimate for Affiliated Managers Group’s current full-year earnings is $21.01 per share. Zacks Research also issued estimates for Affiliated Managers Group’s Q2 2025 earnings at $5.06 EPS, Q3 2025 earnings at $5.99 EPS, Q4 2025 earnings at $7.30 EPS and FY2025 earnings at $23.47 EPS.

Other analysts have also recently issued reports about the company. Deutsche Bank Aktiengesellschaft lifted their price target on Affiliated Managers Group from $204.00 to $208.00 and gave the stock a “buy” rating in a report on Monday, November 11th. Barrington Research dropped their price target on Affiliated Managers Group from $210.00 to $200.00 and set an “outperform” rating for the company in a report on Tuesday, November 5th. Finally, TD Cowen cut Affiliated Managers Group from a “buy” rating to a “hold” rating and dropped their price target for the stock from $226.00 to $177.00 in a report on Tuesday, November 5th. Three equities research analysts have rated the stock with a hold rating and two have assigned a buy rating to the company. According to MarketBeat, the company presently has a consensus rating of “Hold” and an average price target of $196.50.

Check Out Our Latest Stock Analysis on Affiliated Managers Group

Affiliated Managers Group Trading Down 0.4 %

NYSE:AMG opened at $188.46 on Wednesday. The stock has a market cap of $5.70 billion, a P/E ratio of 12.31, a PEG ratio of 0.69 and a beta of 1.18. The stock has a 50 day simple moving average of $185.35 and a 200 day simple moving average of $171.68. Affiliated Managers Group has a 1-year low of $131.81 and a 1-year high of $199.52.

Affiliated Managers Group (NYSE:AMGGet Free Report) last released its quarterly earnings data on Monday, November 4th. The asset manager reported $4.82 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $4.84 by ($0.02). The business had revenue of $525.20 million during the quarter, compared to analyst estimates of $521.87 million. Affiliated Managers Group had a net margin of 27.02% and a return on equity of 16.76%. The business’s quarterly revenue was up 1.7% on a year-over-year basis. During the same period in the previous year, the business earned $4.08 earnings per share.

Hedge Funds Weigh In On Affiliated Managers Group

A number of hedge funds have recently added to or reduced their stakes in the stock. Ariel Investments LLC increased its stake in shares of Affiliated Managers Group by 8.7% in the 2nd quarter. Ariel Investments LLC now owns 1,442,817 shares of the asset manager’s stock valued at $225,411,000 after purchasing an additional 115,808 shares during the last quarter. Dimensional Fund Advisors LP increased its stake in shares of Affiliated Managers Group by 3.8% in the 2nd quarter. Dimensional Fund Advisors LP now owns 826,123 shares of the asset manager’s stock valued at $129,065,000 after purchasing an additional 30,059 shares during the last quarter. LSV Asset Management increased its stake in shares of Affiliated Managers Group by 0.8% in the 2nd quarter. LSV Asset Management now owns 240,504 shares of the asset manager’s stock valued at $37,574,000 after purchasing an additional 2,000 shares during the last quarter. Raymond James & Associates increased its stake in shares of Affiliated Managers Group by 9.6% in the 2nd quarter. Raymond James & Associates now owns 234,647 shares of the asset manager’s stock valued at $36,659,000 after purchasing an additional 20,514 shares during the last quarter. Finally, New York State Common Retirement Fund increased its stake in shares of Affiliated Managers Group by 6.7% in the 3rd quarter. New York State Common Retirement Fund now owns 185,147 shares of the asset manager’s stock valued at $32,919,000 after purchasing an additional 11,565 shares during the last quarter. Institutional investors own 95.30% of the company’s stock.

Affiliated Managers Group Dividend Announcement

The business also recently disclosed a quarterly dividend, which will be paid on Friday, November 29th. Shareholders of record on Thursday, November 14th will be paid a dividend of $0.01 per share. The ex-dividend date is Thursday, November 14th. This represents a $0.04 dividend on an annualized basis and a yield of 0.02%. Affiliated Managers Group’s dividend payout ratio (DPR) is presently 0.26%.

About Affiliated Managers Group

(Get Free Report)

Affiliated Managers Group, Inc, through its affiliates, operates as an investment management company providing investment management services to mutual funds, institutional clients,retails and high net worth individuals in the United States. It provides advisory or sub-advisory services to mutual funds.

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Earnings History and Estimates for Affiliated Managers Group (NYSE:AMG)

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