Zacks Research Has Bearish Forecast for AMG Q1 Earnings

Affiliated Managers Group, Inc. (NYSE:AMG - Free Report) - Investment analysts at Zacks Research lowered their Q1 2025 earnings estimates for shares of Affiliated Managers Group in a research note issued on Monday, November 25th. Zacks Research analyst R. Department now forecasts that the asset manager will earn $5.11 per share for the quarter, down from their previous 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 - Get Free Report) last posted its quarterly earnings results 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 company had revenue of $525.20 million during the quarter, compared to analysts' expectations of $521.87 million. Affiliated Managers Group had a return on equity of 16.76% and a net margin of 27.02%. The company's quarterly revenue was up 1.7% on a year-over-year basis. During the same period in the prior year, the business posted $4.08 EPS.

Several other analysts have also issued reports on the stock. Bank of America lifted their target price on shares of Affiliated Managers Group from $200.00 to $201.00 and gave the company a "neutral" rating in a research report on Tuesday, July 30th. StockNews.com lowered shares of Affiliated Managers Group from a "buy" rating to a "hold" rating in a research report on Tuesday, July 30th. Barrington Research decreased their price target on shares of Affiliated Managers Group from $210.00 to $200.00 and set an "outperform" rating on the stock in a research note on Tuesday, November 5th. Deutsche Bank Aktiengesellschaft raised their price target on shares of Affiliated Managers Group from $204.00 to $208.00 and gave the stock a "buy" rating in a research note on Monday, November 11th. Finally, TD Cowen downgraded shares of Affiliated Managers Group from a "buy" rating to a "hold" rating and decreased their price target for the stock from $226.00 to $177.00 in a research note on Tuesday, November 5th. Three analysts have rated the stock with a hold rating and two have issued a buy rating to the company. According to data from MarketBeat, Affiliated Managers Group currently has a consensus rating of "Hold" and a consensus target price of $196.50.

Affiliated Managers Group Stock Down 0.4 %

Shares of NYSE:AMG traded down $0.79 during midday trading on Wednesday, reaching $188.46. The company's stock had a trading volume of 109,859 shares, compared to its average volume of 237,412. The firm has a market capitalization of $5.70 billion, a PE ratio of 12.31, a P/E/G ratio of 0.69 and a beta of 1.18. Affiliated Managers Group has a twelve month low of $131.81 and a twelve month high of $199.52. The stock has a fifty day moving average of $185.35 and a 200 day moving average of $171.68.

Affiliated Managers Group Dividend Announcement

The company also recently declared a quarterly dividend, which will be paid on Friday, November 29th. Shareholders of record on Thursday, November 14th will be 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 is Thursday, November 14th. Affiliated Managers Group's dividend payout ratio (DPR) is presently 0.26%.

Institutional Trading of Affiliated Managers Group

Several institutional investors have recently modified their holdings of the stock. Ensign Peak Advisors Inc boosted its stake in 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 boosted its stake in shares of Affiliated Managers Group by 21.4% during the third quarter. Covestor Ltd now owns 471 shares of the asset manager's stock worth $84,000 after buying an additional 83 shares during the period. OneDigital Investment Advisors LLC lifted its position 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 during the period. Kendall Capital Management grew its stake in shares of Affiliated Managers Group by 2.5% in the 2nd quarter. Kendall Capital Management now owns 4,135 shares of the asset manager's stock valued at $646,000 after purchasing an additional 100 shares during the last quarter. Finally, Foundry Partners LLC increased its holdings in shares of Affiliated Managers Group by 3.0% in the third quarter. Foundry Partners LLC now owns 3,781 shares of the asset manager's stock valued at $672,000 after purchasing an additional 110 shares during the period. Hedge funds and other institutional investors own 95.30% of the company's stock.

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.