Affiliated Managers Group (NYSE:AMG) Announces Earnings Results

Affiliated Managers Group (NYSE:AMG) posted its earnings results on Friday. The asset manager reported $8.23 EPS for the quarter, beating the consensus estimate of $8.10 by $0.13, Briefing.com reports. The company had revenue of $544.90 million during the quarter, compared to analyst estimates of $544.01 million. Affiliated Managers Group had a return on equity of 18.45% and a net margin of 34.55%.The business’s revenue was up 9.7% compared to the same quarter last year. During the same period in the prior year, the company earned $5.37 earnings per share.

Here are the key takeaways from Affiliated Managers Group’s conference call:

• AMG reported record quarterly results with Adjusted EBITDA of ~$317M, Economic EPS of $8.23 (up 58% YoY), and record AUM of $882B supported by >$22B net inflows in Q1 and $52B LTM.
• The firm is increasingly weighted to alternatives — especially infrastructure, secondary solutions, absolute return, and tax-aware long-short strategies — which management says are driving durable organic growth across institutional and wealth channels.
• Second-quarter guidance calls for Adjusted EBITDA of $290–305M and EPS of $7.60–8.01 (midpoint ~45% YoY growth vs. Q2 2025), indicating management expects continued momentum into Q2.
• Capital allocation remains active: AMG repurchased ~$186M of shares in Q1 (>$700M over 12 months), settled convertible dilution, targets ~$500M of buybacks for the year, and cites ~ $1B of recurring annual after-tax cash flow with low leverage.
• Equities experienced ~ $9B of net outflows in the quarter and the company acknowledged performance/headwinds in long?only equities, though it highlighted pockets of strength within differentiated equity affiliates.

Affiliated Managers Group Stock Performance

NYSE:AMG opened at $290.13 on Friday. The firm’s 50-day moving average is $287.02 and its 200-day moving average is $283.59. Affiliated Managers Group has a 52-week low of $169.00 and a 52-week high of $334.78. The company has a market cap of $7.70 billion, a price-to-earnings ratio of 12.57, a PEG ratio of 0.50 and a beta of 1.14. The company has a debt-to-equity ratio of 0.64, a quick ratio of 1.34 and a current ratio of 1.34.

Affiliated Managers Group Dividend Announcement

The business also recently disclosed a quarterly dividend, which will be paid on Tuesday, May 26th. Stockholders of record on Monday, May 11th will be issued a dividend of $0.01 per share. The ex-dividend date is Monday, May 11th. This represents a $0.04 annualized dividend and a dividend yield of 0.0%. Affiliated Managers Group’s payout ratio is presently 0.17%.

Insiders Place Their Bets

In related news, COO Thomas M. Wojcik sold 8,000 shares of the stock in a transaction on Friday, March 6th. The shares were sold at an average price of $286.30, for a total transaction of $2,290,400.00. Following the completion of the transaction, the chief operating officer owned 159,465 shares in the company, valued at approximately $45,654,829.50. This represents a 4.78% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Also, General Counsel Kavita Padiyar sold 2,200 shares of the stock in a transaction dated Monday, March 9th. The stock was sold at an average price of $278.24, for a total transaction of $612,128.00. Following the transaction, the general counsel owned 42,672 shares of the company’s stock, valued at approximately $11,873,057.28. This represents a 4.90% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Insiders own 4.20% of the company’s stock.

Institutional Inflows and Outflows

A number of large investors have recently modified their holdings of the company. Arax Advisory Partners boosted its holdings in shares of Affiliated Managers Group by 94.1% during the 4th quarter. Arax Advisory Partners now owns 198 shares of the asset manager’s stock worth $57,000 after buying an additional 96 shares in the last quarter. CIBC Private Wealth Group LLC grew its stake in Affiliated Managers Group by 676.7% in the fourth quarter. CIBC Private Wealth Group LLC now owns 233 shares of the asset manager’s stock valued at $67,000 after acquiring an additional 203 shares during the period. Smartleaf Asset Management LLC increased its holdings in shares of Affiliated Managers Group by 157.1% during the fourth quarter. Smartleaf Asset Management LLC now owns 252 shares of the asset manager’s stock valued at $73,000 after acquiring an additional 154 shares in the last quarter. EverSource Wealth Advisors LLC raised its position in shares of Affiliated Managers Group by 89.9% during the second quarter. EverSource Wealth Advisors LLC now owns 281 shares of the asset manager’s stock worth $55,000 after purchasing an additional 133 shares during the period. Finally, State of Wyoming bought a new position in shares of Affiliated Managers Group in the 2nd quarter worth $73,000. 95.30% of the stock is currently owned by institutional investors.

More Affiliated Managers Group News

Here are the key news stories impacting Affiliated Managers Group this week:

• Positive Sentiment: Q1 beat — AMG reported economic EPS of $8.23 vs. consensus $8.10 and revenue growth of ~9.7% YoY; margins and return on equity were strong, which supports higher recurring fee revenue. AMG’s Q1 Earnings Beat on Higher Revenues & Record AUM, Shares Rise
• Positive Sentiment: Record AUM and strong flows — AUM reached a record (reported near $882B) with net inflows of about $22.2B, signaling durable client demand that should support fee revenue. Affiliated Managers Reports Record AUM and Strong Q1 2026
• Neutral Sentiment: Company materials & call — The press release, slide deck and conference call are available (useful for detail on segment trends, margin drivers and capital allocation plans). Investors will want to review management’s commentary for forward outlook. View Press Release / Slide Deck
• Neutral Sentiment: Analyst attention — Zacks and other outlets highlighted AMG as a momentum/value candidate after the beat; follow-up analyst notes may drive intraday moves. AMG Surpasses Q1 Earnings and Revenue Estimates
• Negative Sentiment: GAAP vs economic EPS divergence — Management reported diluted GAAP EPS of $3.84 alongside Economic EPS of $8.23; some investors may focus on the lower GAAP number or one-time items, tempering enthusiasm. AMG Reports Financial and Operating Results for Q1 2026
• Negative Sentiment: Short-term profit-taking / intraday reversal — Reports noted a premarket rise after the beat; subsequent intraday selling and above-average volume suggest some investors took profits, contributing to the share decline. AMG’s Q1 Earnings Beat on Higher Revenues & Record AUM, Shares Rise

Analyst Ratings Changes

A number of research analysts recently commented on AMG shares. The Goldman Sachs Group upped their price objective on Affiliated Managers Group from $300.00 to $341.00 and gave the stock a “buy” rating in a research note on Tuesday, January 6th. TD Cowen reissued a “buy” rating on shares of Affiliated Managers Group in a report on Thursday, April 9th. Deutsche Bank Aktiengesellschaft set a $408.00 price objective on shares of Affiliated Managers Group and gave the stock a “buy” rating in a report on Friday, February 13th. Weiss Ratings reaffirmed a “buy (b-)” rating on shares of Affiliated Managers Group in a report on Wednesday, January 21st. Finally, Barrington Research reissued an “outperform” rating and issued a $365.00 price objective on shares of Affiliated Managers Group in a report on Monday, April 27th. Seven research analysts have rated the stock with a Buy rating and one has assigned a Hold rating to the stock. According to data from MarketBeat.com, Affiliated Managers Group has an average rating of “Moderate Buy” and an average target price of $360.14.

About Affiliated Managers Group

Affiliated Managers Group, Inc (NYSE: AMG) is a global asset management holding company that partners with boutique investment firms. Founded in 1993 and headquartered in West Palm Beach, Florida, AMG invests in and collaborates with independent investment managers to foster growth while preserving their entrepreneurial culture. Through equity stakes and strategic support, the company aims to enhance its affiliates’ distribution capabilities, operational infrastructure and access to capital.

The company’s core business activities include providing capital solutions, distribution services and operational support to affiliated investment firms.