Zacks Research Issues Pessimistic Outlook for AMG Earnings

Affiliated Managers Group, Inc. (NYSE:AMG) – Equities researchers at Zacks Research reduced their Q1 2025 earnings 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 of $5.11 per share for the quarter, down from their prior estimate 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.

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

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

Affiliated Managers Group Stock Performance

AMG opened at $188.46 on Wednesday. Affiliated Managers Group has a fifty-two week low of $131.81 and a fifty-two week high of $199.52. The company has a fifty day moving average of $185.61 and a two-hundred day moving average of $171.80. The stock has a market capitalization of $5.70 billion, a price-to-earnings ratio of 12.29, a PEG ratio of 0.69 and a beta of 1.18.

Hedge Funds Weigh In On Affiliated Managers Group

Several institutional investors and hedge funds have recently bought and sold shares of AMG. Ensign Peak Advisors Inc boosted its position in shares of Affiliated Managers Group by 0.6% during the 2nd quarter. Ensign Peak Advisors Inc now owns 9,902 shares of the asset manager’s stock worth $1,547,000 after purchasing an additional 60 shares during the period. Covestor Ltd raised its holdings in shares of Affiliated Managers Group by 21.4% in the 3rd quarter. Covestor Ltd now owns 471 shares of the asset manager’s stock valued at $84,000 after buying an additional 83 shares during the period. OneDigital Investment Advisors LLC lifted its stake in Affiliated Managers Group by 1.9% during the 3rd quarter. OneDigital Investment Advisors LLC now owns 4,712 shares of the asset manager’s stock worth $838,000 after acquiring an additional 90 shares in the last quarter. Kendall Capital Management increased its stake in Affiliated Managers Group by 2.5% during the second quarter. Kendall Capital Management now owns 4,135 shares of the asset manager’s stock worth $646,000 after purchasing an additional 100 shares during the period. Finally, Foundry Partners LLC lifted its position in shares of Affiliated Managers Group by 3.0% during the third quarter. Foundry Partners LLC now owns 3,781 shares of the asset manager’s stock worth $672,000 after purchasing an additional 110 shares in the last quarter. 95.30% of the stock is currently owned by institutional investors and hedge funds.

Affiliated Managers Group Dividend Announcement

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

Affiliated Managers Group Company Profile

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.