Artisan Partners Asset Management (APAM) Stock Price, News & Analysis

Company Overview

Artisan Partners Asset Management Inc. is publicly owned investment manager. It provides its services to pension and profit sharing plans, trusts, endowments, foundations, charitable organizations, government entities, private funds and non-U.S. funds, as well as mutual funds, non-U.S. funds and collective trusts. It manages separate client-focused equity and fixed income portfolios. The firm invests in the public equity and fixed income markets across the globe. It invests in growth and value stocks of companies across all market capitalization. For fixed income component of its portfolio the firm invests in non-investment grade corporate bonds and secured and unsecured loans. It employs fundamental analysis to create its portfolios. Artisan Partners Asset Management Inc. was founded in 1994 and is based in Milwaukee, Wisconsin with additional offices in Atlanta, Georgia; New York City; San Francisco, California; Leawood, Kansas; and London, United Kingdom.

Key Stats

• Today's Range: $45.90 to $46.92
• 50-Day Range: $40.48 to $49.17
• 52-Week Range: $36.45 to $49.52
• Volume: 303,163 shs
• Average Volume: 447,239 shs
• Market Capitalization: $3.77 billion
• P/E Ratio: 13.05
• Dividend Yield: 7.00%
• Price Target: $44.13
• Consensus Rating: Hold

Artisan Partners Asset Management Stock Analysis - MarketRank™

Artisan Partners Asset Management scored higher than 44% of companies evaluated by MarketBeat, and ranked 695th out of 930 stocks in the finance sector. Scores are calculated by averaging available category scores, with extra weight given to analysis and valuation.

Analyst's Opinion

• Score: 1.0 / 5
• Analyst Rating: Hold

Consensus Rating

Artisan Partners Asset Management has received a consensus rating of Hold. The company's average rating score is 2.00, and is based on 1 buy rating, 2 hold ratings, and 1 sell rating.

Amount of Analyst Coverage

Artisan Partners Asset Management has only been the subject of 3 research reports in the past 90 days.

Earnings and Valuation

• Score: 2.5 / 5
• Proj. Earnings Growth: 9.17%

Earnings Growth

Earnings for Artisan Partners Asset Management are expected to grow by 9.17% in the coming year, from $3.49 to $3.81 per share.

Price to Earnings Ratio vs. the Market

The P/E ratio of Artisan Partners Asset Management is 13.05, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 136.48.

Price to Earnings Ratio vs. Sector

The P/E ratio of Artisan Partners Asset Management is 13.05, which means that it is trading at a less expensive P/E ratio than the Finance sector average P/E ratio of about 49.62.

Price to Book Value per Share Ratio

Artisan Partners Asset Management has a P/B Ratio of 10.67. P/B Ratios above 3 indicate that a company could be overvalued with respect to its assets and liabilities.

Short Interest

• Score: 2.0 / 5
• Short Interest Level: Bearish

Percentage of Shares Shorted

3.37% of the outstanding shares of Artisan Partners Asset Management have been sold short.

Short Interest Ratio / Days to Cover

Artisan Partners Asset Management has a short interest ratio ("days to cover") of 6.6.

Change versus previous month

Short interest in Artisan Partners Asset Management has recently increased by 9.27%, indicating that investor sentiment is decreasing significantly.

Dividend

• Score: 1.7 / 5
• Dividend Strength: Weak

Dividend Leadership

Artisan Partners Asset Management is a leading dividend payer. It pays a dividend yield of 7.03%, putting its dividend yield in the top 25% of dividend-paying stocks.

Dividend Growth

Artisan Partners Asset Management does not have a long track record of dividend growth.

Dividend Coverage

The dividend payout ratio of Artisan Partners Asset Management is 91.37%. Payout ratios above 75% are not desirable because they may not be sustainable.

Dividend Sustainability

Based on EPS estimates, Artisan Partners Asset Management will have a dividend payout ratio of 86.09% in the coming year. This indicates that Artisan Partners Asset Management may not be able to sustain their current dividend.

Sustainability and ESG

• Score: N/A
• Environmental Score: N/A

Percentage of Shares Shorted

3.37% of the outstanding shares of Artisan Partners Asset Management have been sold short.

Short Interest Ratio / Days to Cover

Artisan Partners Asset Management has a short interest ratio ("days to cover") of 6.6.

Change versus previous month

Short interest in Artisan Partners Asset Management has recently increased by 9.27%, indicating that investor sentiment is decreasing significantly.

News and Social Media

• Score: 3.0 / 5
• News Sentiment: 1.39

News Sentiment

Artisan Partners Asset Management has a news sentiment score of 1.39. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a higher news sentiment than the 0.76 average news sentiment score of Finance companies.

News Coverage This Week

MarketBeat has tracked 8 news articles for Artisan Partners Asset Management this week, compared to 4 articles on an average week.

Search Interest

Only 2 people have searched for APAM on MarketBeat in the last 30 days. This is a decrease of -50% compared to the previous 30 days.

MarketBeat Follows

Only 2 people have added Artisan Partners Asset Management to their MarketBeat watchlist in the last 30 days. This is a decrease of -50% compared to the previous 30 days.

Company Ownership

• Score: 2.5 / 5
• Insider Trading: N/A

Insider Buying vs. Insider Selling

In the past three months, Artisan Partners Asset Management insiders have not sold or bought any company stock.

Percentage Held by Insiders

12.98% of the stock of Artisan Partners Asset Management is held by insiders. A high percentage of insider ownership can be a sign of company health.

Percentage Held by Institutions

86.45% of the stock of Artisan Partners Asset Management is held by institutions. High institutional ownership can be a signal of strong market trust in this company.

APAM Stock Analysis - Frequently Asked Questions

How have APAM shares performed this year?

Artisan Partners Asset Management's stock was trading at $44.18 at the start of the year. Since then, APAM stock has increased by 6.1% and is now trading at $46.86.
View the best growth stocks for 2024 here.

How were Artisan Partners Asset Management's earnings last quarter?

Artisan Partners Asset Management Inc. (NYSE:APAM) released its quarterly earnings data on Tuesday, October, 29th. The asset manager reported $0.92 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.90 by $0.02. Artisan Partners Asset Management's revenue for the quarter was up 12.4% compared to the same quarter last year.

Who are Artisan Partners Asset Management's major shareholders?

Artisan Partners Asset Management's top institutional investors include State Street Corp (3.41%), Charles Schwab Investment Management Inc. (3.29%), Wasatch Advisors LP (2.25%) and Geode Capital Management LLC (2.21%). Insiders that own company stock include Gregory K Ramirez, Samuel Bentson Sellers and Tench Coxe.
View institutional ownership trends.

How do I buy shares of Artisan Partners Asset Management?

Shares of APAM stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
Compare Top Brokerages Here.

What other stocks do shareholders of Artisan Partners Asset Management own?

Based on aggregate information from My MarketBeat watchlists, some other companies that Artisan Partners Asset Management investors own include NVIDIA (NVDA), Meta Platforms (META), Broadcom (AVGO), Advanced Micro Devices (AMD), Adobe (ADBE), Arista Networks (ANET) and ServiceNow (NOW).

Company Calendar

• Ex-Dividend for 8/30 Dividend: 8/16/2024
• Dividend Payable: 8/30/2024
• Last Earnings: 10/29/2024
• Ex-Dividend for 11/29 Dividend: 11/15/2024
• Today: 11/21/2024
• Dividend Payable: 11/29/2024
• Fiscal Year End: 12/31/2024
• Next Earnings (Estimated): 2/04/2025

Industry, Sector and Symbol

• Stock Exchange: NYSE
• Sector: Finance
• Industry: Investment advice
• Sub-Industry: Trading
• Current Symbol: NYSE:APAM
• CUSIP: N/A
• CIK: 1517302
• Web: www.artisanpartners.com
• Phone: (414) 390-6100
• Fax: N/A
• Employees: 500
• Year Founded: N/A

Price Target and Rating

• Average Stock Price Target: $44.13
• High Stock Price Target: $50.00
• Low Stock Price Target: $39.50
• Potential Upside/Downside: -5.8%
• Consensus Rating: Hold
• Rating Score (0-4): 2.00
• Research Coverage: 4 Analysts

Profitability

• EPS (Most Recent Fiscal Year): $3.59
• Trailing P/E Ratio: 13.05
• Forward P/E Ratio: 13.43
• P/E Growth: N/A
• Net Income: $222.29 million
• Net Margins: 23.95%
• Pretax Margin: 41.40%
• Return on Equity: 71.50%
• Return on Assets: 17.55%

Debt

• Debt-to-Equity Ratio: 0.49
• Current Ratio: 0.73
• Quick Ratio: 0.73

Sales & Book Value

• Annual Sales: $1.06 billion
• Price / Sales: 3.54
• Cash Flow: $3.05 per share
• Price / Cash Flow: 15.37
• Book Value: $4.39 per share
• Price / Book: 10.67

Miscellaneous

• Outstanding Shares: 80,361,000
• Free Float: 69,930,000
• Market Cap: $3.77 billion
• Optionable: Optionable
• Beta: 1.79