Zacks Research Issues Optimistic Outlook for AMG Earnings

Affiliated Managers Group, Inc. (NYSE:AMG) – Investment analysts at Zacks Research lifted their Q1 2025 earnings per share (EPS) estimates for Affiliated Managers Group in a research note issued on Tuesday, January 28th. Zacks Research analyst R. Department now forecasts that the asset manager will post earnings per share of $5.11 for the quarter, up from their prior forecast of $5.07. The consensus estimate for Affiliated Managers Group’s current full-year earnings is $20.90 per share. Zacks Research also issued estimates for Affiliated Managers Group’s Q2 2025 earnings at $4.97 EPS, Q4 2025 earnings at $7.17 EPS, FY2025 earnings at $22.75 EPS and FY2026 earnings at $26.55 EPS.

Affiliated Managers Group (NYSE:AMG) last released its earnings results on Monday, November 4th. The asset manager reported $4.82 earnings per share (EPS) for the quarter, missing the consensus estimate of $4.84 by ($0.02). The firm had revenue of $525.20 million during the quarter, compared to the consensus estimate of $521.87 million. Affiliated Managers Group had a return on equity of 16.76% and a net margin of 27.02%. Affiliated Managers Group’s revenue was up 1.7% compared to the same quarter last year. During the same quarter last year, the business posted $4.08 EPS.

A number of other equities analysts have also recently issued reports on the company. Deutsche Bank Aktiengesellschaft boosted their price objective on Affiliated Managers Group from $204.00 to $208.00 and gave the company a “buy” rating in a report on Monday, November 11th. The Goldman Sachs Group lowered shares of Affiliated Managers Group from a “buy” rating to a “neutral” rating and lowered their target price for the company from $193.00 to $191.00 in a research note on Monday, January 6th. TD Cowen downgraded shares of Affiliated Managers Group from a “buy” rating to a “hold” rating and reduced their price target for the stock from $226.00 to $177.00 in a research note on Tuesday, November 5th. Finally, Barrington Research lowered their price objective on shares of Affiliated Managers Group from $210.00 to $200.00 and set an “outperform” rating for the company in a research report on Tuesday, November 5th. Four analysts have rated the stock with a hold rating and two have issued a buy rating to the stock. Based on data from MarketBeat.com, the company has an average rating of “Hold” and a consensus price target of $195.40.

Affiliated Managers Group Price Performance

Shares of NYSE:AMG opened at $188.20 on Friday. The firm has a market capitalization of $5.69 billion, a PE ratio of 12.28, a price-to-earnings-growth ratio of 0.69 and a beta of 1.15. The business has a 50 day simple moving average of $185.72 and a two-hundred day simple moving average of $180.77. Affiliated Managers Group has a 1 year low of $147.13 and a 1 year high of $199.52.

Institutional Investors Weigh In On Affiliated Managers Group

Hedge funds have recently modified their holdings of the business. Bank of Montreal Can raised its stake in Affiliated Managers Group by 30.7% in the second quarter. Bank of Montreal Can now owns 16,454 shares of the asset manager’s stock worth $2,642,000 after buying an additional 3,867 shares in the last quarter. Millennium Management LLC increased its holdings in shares of Affiliated Managers Group by 7.9% in the 2nd quarter. Millennium Management LLC now owns 104,297 shares of the asset manager’s stock valued at $16,294,000 after acquiring an additional 7,613 shares during the period. Mackenzie Financial Corp raised its position in shares of Affiliated Managers Group by 22.9% in the 2nd quarter. Mackenzie Financial Corp now owns 5,679 shares of the asset manager’s stock worth $887,000 after acquiring an additional 1,059 shares in the last quarter. Creative Planning lifted its stake in shares of Affiliated Managers Group by 4.5% during the 2nd quarter. Creative Planning now owns 6,483 shares of the asset manager’s stock worth $1,013,000 after purchasing an additional 281 shares during the last quarter. Finally, Sanctuary Advisors LLC bought a new stake in Affiliated Managers Group during the second quarter valued at about $818,000. Hedge funds and other institutional investors own 95.30% of the company’s stock.

Affiliated Managers Group Announces Dividend

The firm also recently announced a quarterly dividend, which was paid on Friday, November 29th. Shareholders of record on Thursday, November 14th were issued a dividend of $0.01 per share. This represents a $0.04 annualized dividend and a yield of 0.02%. The ex-dividend date of this dividend was Thursday, November 14th. Affiliated Managers Group’s payout ratio is 0.26%.

About Affiliated Managers Group

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.