Acadian Asset Management (NYSE:AAMI) Price Target Raised to $66.00 at Royal Bank Of Canada

Acadian Asset Management (NYSE:AAMI) had its target price upped by Royal Bank Of Canada from $60.00 to $66.00 in a report released on Friday morning,Benzinga reports. Royal Bank Of Canada currently has a sector perform rating on the stock.

A number of other equities analysts also recently issued reports on the stock. Morgan Stanley increased their price objective on shares of Acadian Asset Management from $54.00 to $60.00 and gave the company an “equal weight” rating in a research note on Tuesday. Evercore set a $60.00 price objective on shares of Acadian Asset Management in a research note on Friday, April 10th. Finally, Wall Street Zen downgraded shares of Acadian Asset Management from a “buy” rating to a “hold” rating in a research note on Saturday, April 11th. One investment analyst has rated the stock with a Buy rating and four have given a Hold rating to the company’s stock. According to MarketBeat, the company has an average rating of “Hold” and an average price target of $62.00.

Acadian Asset Management Stock Down 2.8%

Shares of NYSE AAMI traded down $1.88 during midday trading on Friday, reaching $65.47. 525,331 shares of the company’s stock traded hands, compared to its average volume of 329,023. The stock’s 50 day simple moving average is $57.36 and its 200-day simple moving average is $51.67. Acadian Asset Management has a one year low of $27.35 and a one year high of $69.87. The company has a market cap of $2.34 billion, a price-to-earnings ratio of 29.63 and a beta of 1.33.

Acadian Asset Management (NYSE:AAMI) last released its quarterly earnings data on Thursday, April 30th. The company reported $1.05 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.94 by $0.11. Acadian Asset Management had a net margin of 13.78% and a return on equity of 185.73%. The firm had revenue of $165.00 million for the quarter. Equities analysts predict that Acadian Asset Management will post 4.84 EPS for the current fiscal year.

Acadian Asset Management Dividend Announcement

The company also recently declared a quarterly dividend, which will be paid on Friday, June 26th. Shareholders of record on Friday, June 12th will be issued a $0.10 dividend. This represents a $0.40 annualized dividend and a yield of 0.6%. The ex-dividend date of this dividend is Friday, June 12th. Acadian Asset Management’s payout ratio is currently 18.10%.

Insider Buying and Selling at Acadian Asset Management

In other Acadian Asset Management news, Director Robert J. Chersi sold 28,753 shares of the firm’s stock in a transaction on Wednesday, February 11th. The shares were sold at an average price of $51.30, for a total value of $1,475,028.90. Following the completion of the transaction, the director owned 37,384 shares of the company’s stock, valued at approximately $1,917,799.20. This trade represents a 43.47% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is accessible through the SEC website. Also, Director Barbara Trebbi sold 9,691 shares of the firm’s stock in a transaction on Tuesday, February 10th. The stock was sold at an average price of $51.22, for a total transaction of $496,373.02. Following the completion of the transaction, the director directly owned 35,771 shares of the company’s stock, valued at approximately $1,832,190.62. This represents a 21.32% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. 26.00% of the stock is currently owned by insiders.

Institutional Inflows and Outflows

A number of hedge funds and other institutional investors have recently made changes to their positions in the stock. Jennison Associates LLC raised its holdings in shares of Acadian Asset Management by 10.4% in the fourth quarter. Jennison Associates LLC now owns 1,909,222 shares of the company’s stock worth $89,733,000 after buying an additional 179,380 shares during the last quarter. State Street Corp raised its holdings in shares of Acadian Asset Management by 0.5% in the fourth quarter. State Street Corp now owns 1,206,244 shares of the company’s stock worth $56,693,000 after buying an additional 5,541 shares during the last quarter. Impax Asset Management Group plc raised its holdings in shares of Acadian Asset Management by 10.4% during the fourth quarter. Impax Asset Management Group plc now owns 845,451 shares of the company’s stock worth $39,736,000 after purchasing an additional 79,967 shares during the last quarter. Soros Fund Management LLC raised its holdings in shares of Acadian Asset Management by 61.3% during the fourth quarter. Soros Fund Management LLC now owns 737,367 shares of the company’s stock worth $34,656,000 after purchasing an additional 280,239 shares during the last quarter. Finally, Geode Capital Management LLC raised its holdings in shares of Acadian Asset Management by 4.4% during the fourth quarter. Geode Capital Management LLC now owns 685,272 shares of the company’s stock worth $32,212,000 after purchasing an additional 29,082 shares during the last quarter. Hedge funds and other institutional investors own 98.69% of the company’s stock.

Key Headlines Impacting Acadian Asset Management

Here are the key news stories impacting Acadian Asset Management this week:

• Positive Sentiment: Q1 results beat expectations — Acadian reported $1.05 EPS vs. $0.94 consensus and $165M in revenue; strong margins and a very high ROE were highlighted on the release, underpinning the stock’s fundamental improvement. Business Wire: Q1 Results
• Positive Sentiment: Earnings call signaled momentum — management’s Q1 call and follow-up coverage emphasized strong operating trends and client demand, which supports the beat and suggests potential continuation of improved results. TipRanks: Call Highlights
• Positive Sentiment: Analyst price-target increase — RBC raised its target from $60 to $66 (maintaining a “sector perform” rating), a modest lift that validates recent results but implies limited upside from current levels. Benzinga: RBC Price Target
• Neutral Sentiment: Dividend declared — Acadian announced a quarterly dividend of $0.10/share (annualized yield ~0.6%); ex-dividend date is June 12, payable June 26. (May modestly support income-focused holders.)
• Neutral Sentiment: Peer-comparison coverage — Coverage comparing AAMI’s YTD performance to finance peers provides context on relative strength but contains no new company-specific catalyst. Zacks: Peer Comparison
• Neutral Sentiment: Earnings call transcripts posted — Full transcripts and call materials are available for deeper read of management guidance and Q&A (Fool, Seeking Alpha, MarketBeat links). Seeking Alpha: Call Transcript

Acadian Asset Management Company Profile

Acadian Asset Management is a global investment management firm specializing in quantitative research and systematic strategies. Since its founding in 1986, the firm has developed data-driven models designed to identify and capture investment opportunities across equity and fixed income markets. By integrating advanced analytics, proprietary risk management tools and a disciplined investment process, Acadian seeks to deliver consistent performance for institutional clients.

The firm’s core offerings include institutional equity portfolios, fixed income strategies and multi-asset solutions.