Zacks Research Has Optimistic Outlook of AMP Q2 Earnings

Ameriprise Financial, Inc. (NYSE:AMP) – Stock analysts at Zacks Research upped their Q2 2025 earnings estimates for shares of Ameriprise Financial in a research report issued to clients and investors on Tuesday, November 19th. Zacks Research analyst R. Department now forecasts that the financial services provider will earn $9.34 per share for the quarter, up from their previous estimate of $9.31. The consensus estimate for Ameriprise Financial’s current full-year earnings is $34.41 per share.

Several other analysts have also recently weighed in on AMP. The Goldman Sachs Group cut shares of Ameriprise Financial from a “buy” rating to a “neutral” rating and dropped their price target for the company from $485.00 to $476.00 in a research note on Thursday, September 26th. UBS Group increased their price target on shares of Ameriprise Financial from $490.00 to $555.00 and gave the company a “buy” rating in a research note on Tuesday, October 8th. Keefe, Bruyette & Woods increased their price target on shares of Ameriprise Financial from $475.00 to $510.00 and gave the company a “market perform” rating in a research note on Tuesday, October 29th. Morgan Stanley increased their price target on shares of Ameriprise Financial from $440.00 to $502.00 and gave the company an “equal weight” rating in a research note on Thursday, October 17th. Finally, Royal Bank of Canada increased their price target on shares of Ameriprise Financial from $535.00 to $550.00 and gave the company an “outperform” rating in a research note on Friday, October 25th. One research analyst has rated the stock with a sell rating, six have given a hold rating and four have assigned a buy rating to the company. According to data from MarketBeat, the company has a consensus rating of “Hold” and an average target price of $487.67.

Ameriprise Financial Stock Performance

Ameriprise Financial stock opened at $571.84 on Thursday. The firm has a 50 day simple moving average of $506.93 and a 200-day simple moving average of $456.82. Ameriprise Financial has a 1-year low of $345.43 and a 1-year high of $573.44. The company has a debt-to-equity ratio of 0.99, a current ratio of 0.65 and a quick ratio of 0.65. The stock has a market cap of $55.47 billion, a price-to-earnings ratio of 21.95, a price-to-earnings-growth ratio of 0.98 and a beta of 1.34.

Ameriprise Financial Dividend Announcement

The firm also recently announced a quarterly dividend, which was paid on Friday, November 15th. Shareholders of record on Monday, November 4th were issued a dividend of $1.48 per share. The ex-dividend date was Monday, November 4th. This represents a $5.92 dividend on an annualized basis and a yield of 1.04%. Ameriprise Financial’s dividend payout ratio (DPR) is presently 22.73%.

Insiders Place Their Bets

In other Ameriprise Financial news, insider Joseph Edward Sweeney sold 10,735 shares of the stock in a transaction that occurred on Friday, November 8th. The shares were sold at an average price of $549.68, for a total transaction of $5,900,814.80. Following the sale, the insider now directly owns 5,811 shares in the company, valued at $3,194,190.48. This represents a 64.88 % decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this link. Also, CFO Walter Stanley Berman sold 8,655 shares of the firm’s stock in a transaction on Monday, November 11th. The shares were sold at an average price of $564.16, for a total transaction of $4,882,804.80. Following the completion of the sale, the chief financial officer now owns 6,409 shares in the company, valued at $3,615,701.44. The trade was a 57.45 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders have sold a total of 30,415 shares of company stock worth $15,829,445 in the last ninety days. 0.73% of the stock is owned by corporate insiders.

Institutional Investors Weigh In On Ameriprise Financial

A number of hedge funds and other institutional investors have recently modified their holdings of the company. Anchor Investment Management LLC raised its holdings in shares of Ameriprise Financial by 3,275.0% in the 3rd quarter. Anchor Investment Management LLC now owns 270 shares of the financial services provider’s stock valued at $127,000 after purchasing an additional 262 shares in the last quarter. Passumpsic Savings Bank acquired a new stake in shares of Ameriprise Financial in the 3rd quarter valued at $211,000. Unigestion Holding SA raised its holdings in shares of Ameriprise Financial by 80.0% in the 3rd quarter. Unigestion Holding SA now owns 4,436 shares of the financial services provider’s stock valued at $2,084,000 after purchasing an additional 1,971 shares in the last quarter. Coldstream Capital Management Inc. raised its stake in Ameriprise Financial by 6.6% during the 3rd quarter. Coldstream Capital Management Inc. now owns 4,009 shares of the financial services provider’s stock worth $1,899,000 after acquiring an additional 249 shares in the last quarter. Finally, Geode Capital Management LLC raised its stake in Ameriprise Financial by 1.2% during the 3rd quarter. Geode Capital Management LLC now owns 2,609,486 shares of the financial services provider’s stock worth $1,222,943,000 after acquiring an additional 31,158 shares in the last quarter. 83.95% of the stock is currently owned by institutional investors and hedge funds.

Ameriprise Financial Company Profile

Ameriprise Financial, Inc, together with its subsidiaries, provides various financial products and services to individual and institutional clients in the United States and internationally. It operates through four segments: Advice & Wealth Management, Asset Management, Retirement & Protection Solutions, and Corporate & Other.