Financial Services - Asset Management - NYSE - US
$ 186.42
-0.417 %
$ 5.63 B
Market Cap
12.08
P/E
Affiliated Managers Group, Inc., through its affiliates, operates as an asset management company providing investment management services to mutual funds, institutional clients, and high net worth individuals in the United States. It provides advisory or subadvisory services to mutual funds. These funds are distributed to retail and institutional clients directly and through intermediaries, including independent investment advisors, retirement plan sponsors, broker-dealers, major fund marketplaces, and bank trust departments. The company also offers investment products in various investment styles in the institutional distribution channel, including small, small/mid, mid, and large capitalization value and growth equity, and emerging markets. In addition, it offers quantitative, alternative, and fixed income products, and manages assets for foundations and endowments, defined benefit, and defined contribution plans for corporations and municipalities.[ Read More ]
The intrinsic value of one AMG stock under the base case scenario is HIDDEN Compared to the current market price of 186 USD, Affiliated Managers Group, Inc. is HIDDEN
2. FUNDAMENTAL
ANALYSIS
Price Chart AMG
FINANCIALS
2.06 B
REVENUE
792 M
OPERATING INCOME
906 M
NET INCOME
874 M
OPERATING CASH FLOW
264 M
INVESTING CASH FLOW
-758 M
FINANCING CASH FLOW
516 M
REVENUE
0
OPERATING INCOME
245 M
NET INCOME
-474 M
OPERATING CASH FLOW
75.9 M
INVESTING CASH FLOW
-188 M
FINANCING CASH FLOW
Balance Sheet Decomposition
Affiliated Managers Group, Inc.
| Current Assets | 1.64 B |
| Cash & Short-Term Investments | 1.27 B |
| Receivables | 368 M |
| Other Current Assets | 0 |
| Non-Current Assets | 7.42 B |
| Long-Term Investments | 2.77 B |
| PP&E | 67.3 M |
| Other Non-Current Assets | 4.58 B |
| Current Liabilities | 411 M |
| Accounts Payable | 0 |
| Short-Term Debt | 0 |
| Other Current Liabilities | 411 M |
| Non-Current Liabilities | 3.47 B |
| Long-Term Debt | 2.71 B |
| Other Non-Current Liabilities | 757 M |
EFFICIENCY
Earnings Waterfall
Affiliated Managers Group, Inc.
| Revenue | 2.06 B |
| Cost Of Revenue | 908 M |
| Gross Profit | 1.15 B |
| Operating Expenses | 358 M |
| Operating Income | 792 M |
| Other Expenses | -114 M |
| Net Income | 906 M |
RATIOS
55.90%
GROSS MARGIN
38.49%
OPERATING MARGIN
32.70%
NET MARGIN
18.75%
ROE
7.43%
ROA
10.74%
ROIC
FREE CASH FLOW ANALYSIS
Free Cash Flow Analysis
Affiliated Managers Group, Inc.
| Net Income | 906 M |
| Depreciation & Amortization | 61.3 M |
| Capital Expenditures | -12.4 M |
| Stock-Based Compensation | 112 M |
| Change in Working Capital | -229 M |
| Others | -237 M |
| Free Cash Flow | 862 M |
Wall Street Analysts Price Targets
Affiliated Managers Group, Inc.
Wall Street analysts predict an average 1-year price target for AMG of $196 , with forecasts ranging from a low of $190 to a high of $204 .
AMG Lowest Price Target
Wall Street Target
190 USD
1.92%
AMG Average Price Target
Wall Street Target
196 USD
5.41%
AMG Highest Price Target
Wall Street Target
204 USD
9.43%
4. DIVIDEND ANALYSIS
0.01%
DIVIDEND YIELD
0.01 USD
DIVIDEND PER SHARE
5. COMPETITION
6. Ownership
Insider Ownership
Affiliated Managers Group, Inc.
Sold
0-3 MONTHS
3.13 M USD 1
3-6 MONTHS
2.32 M USD 2
6-9 MONTHS
0 USD 0
9-12 MONTHS
0 USD 0
Bought
0 USD 0
0-3 MONTHS
0 USD 0
3-6 MONTHS
0 USD 0
6-9 MONTHS
0 USD 0
9-12 MONTHS
| Date | Value | Insider | Amount | Avg Price |
|---|---|---|---|---|
|
2 months ago
Aug 19, 2024
|
Sell 1.55 M USD
|
Horgen Jay C.
President and CEO |
- 9000
|
171.98 USD |
|
2 months ago
Aug 20, 2024
|
Sell 1.58 M USD
|
Horgen Jay C.
President and CEO |
- 9300
|
169.93 USD |
|
3 months ago
Aug 16, 2024
|
Sell 827 K USD
|
Wojcik Thomas M
Chief Operating Officer |
- 4786
|
172.71 USD |
|
3 months ago
Aug 16, 2024
|
Sell 1.49 M USD
|
Jamal Rizwan M
Head of Affiliate Investments |
- 8622
|
172.89 USD |
|
1 year ago
Mar 16, 2023
|
Bought 501 K USD
|
Jeffery Reuben III
Director |
+ 3650
|
137.21 USD |
|
2 years ago
Feb 22, 2022
|
Bought 509 K USD
|
Palandjian Tracy P.
Director |
+ 3700
|
137.67 USD |
|
3 years ago
Aug 02, 2021
|
Bought 161 K USD
|
Churchill Dwight D.
Director |
+ 1000
|
160.89 USD |
|
4 years ago
Sep 15, 2020
|
Bought 65.2 K USD
|
Churchill Dwight D.
Director |
+ 1000
|
65.25 USD |
|
4 years ago
Sep 09, 2020
|
Bought 101 K USD
|
Atkinson Tracy A
Director |
+ 1469
|
68.46 USD |
|
4 years ago
Sep 03, 2020
|
Bought 72 K USD
|
Churchill Dwight D.
Director |
+ 1000
|
71.99 USD |
|
4 years ago
Jun 10, 2020
|
Bought 77.9 K USD
|
Churchill Dwight D.
Director |
+ 1000
|
77.94 USD |
|
4 years ago
Mar 13, 2020
|
Bought 54.5 K USD
|
Churchill Dwight D.
Director |
+ 1000
|
54.51 USD |
|
4 years ago
Mar 02, 2020
|
Bought 101 K USD
|
Wojcik Thomas M
Chief Financial Officer |
+ 1350
|
75 USD |
|
4 years ago
Feb 25, 2020
|
Bought 80.7 K USD
|
Byrne Samuel T
Director |
+ 946
|
85.26 USD |
|
4 years ago
Feb 24, 2020
|
Bought 345 K USD
|
Byrne Samuel T
Director |
+ 4054
|
85.1 USD |
|
4 years ago
Feb 20, 2020
|
Bought 219 K USD
|
Churchill Dwight D.
Director |
+ 2500
|
87.67 USD |
|
4 years ago
Nov 21, 2019
|
Sell 288 K USD
|
Ryan Patrick T
Director |
- 3411
|
84.38 USD |
|
5 years ago
Sep 12, 2019
|
Bought 585 K USD
|
Byrne Samuel T
Director |
+ 6589
|
88.77 USD |
|
5 years ago
Aug 30, 2019
|
Sell 1.77 M USD
|
DALTON NATHANIEL
Director |
- 23000
|
76.86 USD |
|
5 years ago
Mar 01, 2019
|
Sell 187 K USD
|
Palandjian Tracy P.
Director |
- 1694
|
110.64 USD |
|
5 years ago
Nov 21, 2018
|
Sell 225 K USD
|
Churchill Dwight D.
Director |
- 2034
|
110.53 USD |
|
6 years ago
Nov 16, 2018
|
Sell 229 K USD
|
Ryan Patrick T
Director |
- 2034
|
112.78 USD |
|
6 years ago
Jun 06, 2018
|
Sell 329 K USD
|
Churchill Dwight D.
Director |
- 1981
|
166.28 USD |
|
7 years ago
Nov 17, 2017
|
Sell 12.9 M USD
|
HEALEY SEAN M
CEO and Chairman |
- 69800
|
185.48 USD |
|
7 years ago
Nov 09, 2017
|
Sell 1.43 M USD
|
Ryan Patrick T
Director |
- 7705
|
185.27 USD |
|
7 years ago
Nov 03, 2017
|
Sell 383 K USD
|
Churchill Dwight D.
Director |
- 2080
|
184.28 USD |
|
7 years ago
Jun 13, 2017
|
Sell 9.17 M USD
|
HEALEY SEAN M
CEO and Chairman |
- 56928
|
161.07 USD |
|
7 years ago
Jun 05, 2017
|
Sell 535 K USD
|
Churchill Dwight D.
Director |
- 3277
|
163.3 USD |
|
7 years ago
May 19, 2017
|
Sell 1.36 M USD
|
Ryan Patrick T
Director |
- 8902
|
152.89 USD |
7. News
Here's Why Affiliated Managers Group (AMG) is a Strong Value Stock
The Zacks Style Scores offers investors a way to easily find top-rated stocks based on their investing style. Here's why you should take advantage.
zacks.com
- 1 week ago
Affiliated Managers Group, Inc. (AMG) Q3 2024 Earnings Call Transcript
Affiliated Managers Group, Inc. (NYSE:AMG ) Q3 2024 Earnings Conference Call November 4, 2024 8:30 AM ET Company Participants Patricia Figueroa - Head of IR Jay Horgen - President and CEO Thomas Wojcik - COO Dava Ritchea - CFO Conference Call Participants Bill Katz - TD Cowen Alex Blostein - Goldman Sachs Dan Fannon - Jefferies Brian Bedell - Deutsche Bank Patrick Davitt - Autonomous Research Operator Greetings, and welcome to the AMG Third Quarter 2024 Earnings Call. At this time, all participants are in a listen-only mode.
seekingalpha.com
- 1 week ago
Affiliated Managers' Q3 Earnings Meet Estimates, AUM Balance Improves
A higher AUM balance supports AMG's Q3 earnings. On the other hand, a decline in revenues and an increase in expenses act as spoilsports.
zacks.com
- 1 week ago
Affiliated Managers Group (AMG) Meets Q3 Earnings Estimates
Affiliated Managers Group (AMG) came out with quarterly earnings of $4.82 per share, in line with the Zacks Consensus Estimate. This compares to earnings of $4.08 per share a year ago.
zacks.com
- 1 week ago
AMG Reports Financial and Operating Results for the Third Quarter and Nine Months Ended September 30, 2024
Company reports EPS of $3.78, Economic EPS of $4.82 in the third quarter of 2024 Net income (controlling interest) of $124 million, Economic Net Income (controlling interest) of $153 million Economic Earnings per share of $4.82 for the quarter, increased 18% year-over-year Repurchased $103 million in common stock, bringing year-to-date share repurchases to $580 million WEST PALM BEACH, Fla., Nov. 04, 2024 (GLOBE NEWSWIRE) -- AMG, a strategic partner to leading independent investment management firms globally, today reported its financial and operating results for the third quarter and nine months ended September 30, 2024.
globenewswire.com
- 1 week ago
What's in the Cards for Affiliated Managers in Q3 Earnings?
AMG???s global distribution capability and robust balance sheet are expected to have supported Q3 earnings.
zacks.com
- 2 weeks ago
AMG to Announce Third Quarter Results on November 4, 2024
Conference Call Scheduled for 8:30 a.m. Eastern Time WEST PALM BEACH, Fla.
globenewswire.com
- 2 weeks ago
Affiliated Managers Group (AMG) Earnings Expected to Grow: Should You Buy?
Affiliated Managers (AMG) possesses the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.
zacks.com
- 2 weeks ago
Will Affiliated Managers (AMG) Beat Estimates Again in Its Next Earnings Report?
Affiliated Managers (AMG) has an impressive earnings surprise history and currently possesses the right combination of the two key ingredients for a likely beat in its next quarterly report.
zacks.com
- 1 month ago
Are Finance Stocks Lagging Affiliated Managers Group (AMG) This Year?
Here is how Affiliated Managers Group (AMG) and BlackRock (BLK) have performed compared to their sector so far this year.
zacks.com
- 1 month ago
AMG vs. TROW: Which Stock Is the Better Value Option?
Investors interested in stocks from the Financial - Investment Management sector have probably already heard of Affiliated Managers Group (AMG) and T. Rowe Price (TROW).
zacks.com
- 1 month ago
Is Affiliated Managers Group (AMG) Stock Undervalued Right Now?
Here at Zacks, our focus is on the proven Zacks Rank system, which emphasizes earnings estimates and estimate revisions to find great stocks. Nevertheless, we are always paying attention to the latest value, growth, and momentum trends to underscore strong picks.
zacks.com
- 1 month ago
8. Profile Summary
Affiliated Managers Group, Inc. AMG
COUNTRY
US
INDUSTRY
Asset Management
MARKET CAP
$ 5.63 B
Dividend Yield
0.01%
Description
Affiliated Managers Group, Inc., through its affiliates, operates as an asset management company providing investment management services to mutual funds, institutional clients, and high net worth individuals in the United States. It provides advisory or subadvisory services to mutual funds. These funds are distributed to retail and institutional clients directly and through intermediaries, including independent investment advisors, retirement plan sponsors, broker-dealers, major fund marketplaces, and bank trust departments. The company also offers investment products in various investment styles in the institutional distribution channel, including small, small/mid, mid, and large capitalization value and growth equity, and emerging markets. In addition, it offers quantitative, alternative, and fixed income products, and manages assets for foundations and endowments, defined benefit, and defined contribution plans for corporations and municipalities. Affiliated Managers Group provides investment management or customized investment counseling and fiduciary services. Affiliated Managers Group, Inc. was formed in 1993 and is based in West Palm Beach, Florida with additional offices in Prides Crossing, Massachusetts; Stamford, Connecticut; London, United Kingdom; Dubai, United Arab Emirates; Sydney, Australia; Hong Kong; Tokyo, Japan, Zurich, Switzerland and Delaware.
Contact
777 South Flagler Drive, West Palm Beach, FL, 33401
https://www.amg.com
IPO Date
Nov. 21, 1997
Employees
4000
Officers
Patricia Figueroa
Vice President of Investor Relations
Ms. Kavita Padiyar
General Counsel & Corporate Secretary
Mr. Thomas M. Wojcik
Chief Operating Officer
Mr. John R. Erickson
Head of Affiliate Engagement
Mr. Stephen T. Pruell
MD & Chief Information Officer
Mr. Rizwan M. Jamal
Head of Affiliate Investments
Ms. Dava Elaine Ritchea
Chief Financial Officer
Ms. Alexandra K. Lynn
Chief Administrative Officer
Mr. Aaron M. Galis
MD & Chief Accounting Officer
Mr. Jay C. Horgen
Chief Executive Officer, President & Director