Affiliated Managers Group, Inc.

Equities

AMG

US0082521081

Investment Management & Fund Operators

Market Closed - Nyse Other stock markets 01:30:02 18/05/2024 am IST			5-day change	1st Jan Change
159.3 ^USD	+0.23%		+1.06%	+5.23%

17/05	Affiliated Managers Group Takes Minority Stake in Suma Capital	MT
16/05	Affiliated Managers Group, Inc. acquired unknown minority stake Suma Capital, SGEIC, S.A.	CI

Affiliated Managers Group, Inc. Reports Earnings Results for the First Quarter Ended March 31, 2024

May 06, 2024 at 04:38 pm IST

Affiliated Managers Group, Inc. reported earnings results for the first quarter ended March 31, 2024. For the first quarter, the company reported sales was USD 499.9 million compared to USD 517.4 million a year ago. Net income was USD 149.8 million compared to USD 134.5 million a year ago.

Basic earnings per share from continuing operations was USD 4.56 compared to USD 3.74 a year ago. Diluted earnings per share from continuing operations was USD 4.14 compared to USD 3.47 a year ago.

Latest news about Affiliated Managers Group, Inc.

Affiliated Managers Group Takes Minority Stake in Suma Capital	17/05	MT
Affiliated Managers Group, Inc. acquired unknown minority stake Suma Capital, SGEIC, S.A.	16/05	CI
Transcript : Affiliated Managers Group, Inc., Q1 2024 Earnings Call, May 06, 2024	06/05
Affiliated Managers Q1 Non-GAAP Earnings Rise, Revenue Declines	06/05	MT
Earnings Flash (AMG) AFFILIATED MANAGERS GROUP Reports Q1 Revenue $499.9M	06/05	MT
Affiliated Managers Group, Inc. Reports Earnings Results for the First Quarter Ended March 31, 2024	06/05	CI
North American Morning Briefing : Stock Futures Rise as Hopes of Rate Cut Return	06/05	DJ
North American Morning Briefing : Investors Brace -2-	29/04	DJ
Tracy A. Atkinson Not Stand for Re-Election as Director of Affiliated Managers Group, Inc	13/04	CI
Barrington Research Raises Price Target on Affiliated Managers Group to $190 From $175, Keeps Outperform Rating	09/04	MT
Affiliated Managers Group Appoints COO, CFO	25/03	MT
AMG Appoints Thomas M. Wojcik as Chief Operating Officer, Effective April 1, 2024	25/03	CI
AMG Appoints Dava E. Ritchea as Chief Financial Officer, Effective April 1, 2024	25/03	CI
Analysis-Peak rates boost U.S. demand for riskier form of corporate debt	15/03	RE
Deutsche Bank Adjusts Price Target on Affiliated Managers to $180 From $178, Maintains Buy Rating	06/02	MT
Sector Update: Financial Stocks Decline Premarket Monday	05/02	MT
Affiliated Managers Group, Inc. Provides Earnings Guidance for the First Quarter of 2024	05/02	CI
Transcript : Affiliated Managers Group, Inc., Q4 2023 Earnings Call, Feb 05, 2024	05/02
Affiliated Managers Group's Q4 Non-GAAP Earnings, Revenue Decline	05/02	MT
Earnings Flash (AMG) AFFILIATED MANAGERS GROUP Posts Q4 Revenue $502.7M	05/02	MT
Earnings Flash (AMG) AFFILIATED MANAGERS GROUP Reports Q4 EPS $5.15	05/02	MT
Tranche Update on Affiliated Managers Group, Inc.'s Equity Buyback Plan announced on November 6, 2023.	05/02	CI
Affiliated Managers Group, Inc. Reports Earnings Results for the Fourth Quarter and Full Year Ended December 31, 2023	05/02	CI
Affiliated Managers Group, Inc. Reports Earnings Results for the Full Year Ended December 31, 2023	05/02	CI
Affiliated Managers Group, Inc. Declares Fourth-Quarter Cash Dividend, Payable on February 29, 2024	05/02	CI

Chart Affiliated Managers Group, Inc.

Duration

Period

More charts

Company Profile

Affiliated Managers Group, Inc. is a global independent investment management company. The Company is focused on investing in a range of partner-owned investment firms, known as Affiliates. Its Affiliates provide a diverse range of differentiated investment strategies designed to assist institutional and wealth clients worldwide in achieving their investment objectives. Its Affiliates also provide investment management and customized investment counseling and fiduciary services to high-net worth individuals and families and institutional clients. Its Affiliates distribute their investment services and products to institutional and wealth clients through direct sales and relationships with consultants and intermediaries around the world through their own business development capabilities. Its Affiliates manage assets for investors in more than 50 countries. It manages its assets across a range of private markets, liquid alternative and differentiated long-only investment strategies.

Sector

Investment Management & Fund Operators

Calendar

22/05/2024 - Annual General Meeting

More about the company

Income Statement Evolution

More financial data

Ratings for Affiliated Managers Group, Inc.

Trading Rating

Investor Rating

ESG Refinitiv

More Ratings

Analysts' Consensus

Sell

Buy

Mean consensus

OUTPERFORM

Number of Analysts

Last Close Price

159.3 USD

Average target price

192.1 USD

Spread / Average Target

+20.59%

Consensus

EPS Revisions

Estimates Revisions

Quarterly earnings - Rate of surprise

Company calendar

Sector Other Investment Management & Fund Operators

	1st Jan change	Capi.
AFFILIATED MANAGERS GROUP, INC.	+5.23%	5.08B
UBS GROUP AG	+5.52%	97.29B
BROOKFIELD CORPORATION	+13.89%	68.9B
APOLLO GLOBAL MANAGEMENT, INC.	+21.34%	64.34B
BANK OF NEW YORK MELLON CORPORATION (THE)	+14.31%	44.5B
AMERIPRISE FINANCIAL, INC.	+14.29%	43.12B
3I GROUP PLC	+22.18%	36.25B
T. ROWE PRICE GROUP INC.	+8.42%	26.07B
STATE STREET CORPORATION	+0.71%	23.5B
PRINCIPAL FINANCIAL GROUP, INC.	+8.24%	19.95B

Other Investment Management & Fund Operators