Kendall Capital Management Purchases New Holdings in Affiliated Managers Group, Inc. $AMG

Kendall Capital Management acquired a new position in shares of Affiliated Managers Group, Inc. (NYSE:AMG) during the 2nd quarter, according to its most recent filing with the Securities and Exchange Commission. The fund acquired 3,685 shares of the asset manager’s stock, valued at approximately $1,247,000.

Other large investors also recently added to or reduced their stakes in the company. N.E.W. Advisory Services LLC acquired a new stake in shares of Affiliated Managers Group in the second quarter worth $25,000. Leonteq Securities AG acquired a new position in Affiliated Managers Group during the fourth quarter valued at $30,000. Caitong International Asset Management Co. Ltd purchased a new stake in Affiliated Managers Group in the 4th quarter worth about $42,000. Mitsubishi UFJ Asset Management Co. Ltd. purchased a new stake in Affiliated Managers Group in the 2nd quarter worth about $48,000. Finally, EverSource Wealth Advisors LLC boosted its position in Affiliated Managers Group by 45.5% during the 1st quarter. EverSource Wealth Advisors LLC now owns 179 shares of the asset manager’s stock worth $50,000 after acquiring an additional 56 shares during the period. 95.30% of the stock is owned by institutional investors and hedge funds.

Wall Street Analysts Forecast Growth

Several research firms have weighed in on AMG. Wall Street Zen raised Affiliated Managers Group from a “buy” rating to a “strong-buy” rating in a research note on Saturday. Weiss Ratings restated a “buy (b)” rating on shares of Affiliated Managers Group in a report on Friday, June 26th. TD Cowen reaffirmed a “buy” rating and set a $454.00 price objective on shares of Affiliated Managers Group in a research report on Wednesday, May 13th. The Goldman Sachs Group reiterated a “buy” rating and issued a $405.00 price objective on shares of Affiliated Managers Group in a research note on Monday, May 4th. Finally, Barrington Research set a $425.00 target price on shares of Affiliated Managers Group in a research report on Friday, July 31st. One analyst has rated the stock with a Strong Buy rating and seven have issued a Buy rating to the stock. Based on data from MarketBeat.com, Affiliated Managers Group currently has a consensus rating of “Buy” and an average target price of $370.86.

Affiliated Managers Group News Summary

Here are the key news stories impacting Affiliated Managers Group this week:

• Positive Sentiment: Value appeal remains a key catalyst. Zacks identified AMG as a top long-term value stock based on its Style Scores. The shares trade at approximately 12.3 times earnings, which may appeal to investors seeking relatively inexpensive exposure to asset management. Why Affiliated Managers Group is a Top Value Stock for the Long-Term
• Positive Sentiment: Zacks maintained a “Strong-Buy” rating while raising its FY2026 EPS forecast to $34.67 from $33.01, FY2027 to $34.57 from $34.07, and FY2028 to $39.29 from $39.22. Estimates were also increased for Q4 2026, Q3 2027, Q4 2027 and Q1 2028, signaling improved expectations for earnings growth. Zacks Research earnings estimates
• Positive Sentiment: Recent commentary emphasizes strong fundamentals. An analysis of AMG’s second quarter highlighted solid business fundamentals and potentially undervalued investment-grade bond holdings, while other coverage cited two reasons investors remain attracted to the company. AMG Q2 Analysis
• Neutral Sentiment: Forecast revisions were mixed. Zacks lowered its Q2 2028 EPS estimate to $9.03 from $9.56, partially offsetting the broader upward revisions. Its FY2026 estimate of $34.67 also remains below the broader consensus of $36.25, suggesting some analysts still expect more near-term earnings upside.

Insiders Place Their Bets

In other Affiliated Managers Group news, Director Annette Franqui purchased 750 shares of the business’s stock in a transaction dated Monday, June 1st. The shares were acquired at an average price of $304.88 per share, for a total transaction of $228,660.00. Following the acquisition, the director owned 1,962 shares of the company’s stock, valued at $598,174.56. This trade represents a 61.88% increase in their ownership of the stock. The acquisition was disclosed in a legal filing with the SEC, which can be accessed through the SEC website. Also, CEO Jay C. Horgen sold 17,500 shares of Affiliated Managers Group stock in a transaction on Monday, June 8th. The shares were sold at an average price of $338.27, for a total transaction of $5,919,725.00. Following the completion of the sale, the chief executive officer directly owned 204,706 shares of the company’s stock, valued at approximately $69,245,898.62. The trade was a 7.88% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. 2.90% of the stock is currently owned by company insiders.

Affiliated Managers Group Stock Up 1.0%

Shares of Affiliated Managers Group stock opened at $356.08 on Friday. The firm has a market cap of $9.21 billion, a price-to-earnings ratio of 12.33, a P/E/G ratio of 0.50 and a beta of 1.11. The company has a debt-to-equity ratio of 0.76, a current ratio of 1.24 and a quick ratio of 1.24. Affiliated Managers Group, Inc. has a 52-week low of $218.21 and a 52-week high of $392.92. The stock has a 50-day simple moving average of $359.29 and a 200-day simple moving average of $320.17.

Affiliated Managers Group (NYSE:AMG) last released its quarterly earnings data on Thursday, July 30th. The asset manager reported $8.29 EPS for the quarter, topping analysts’ consensus estimates of $7.90 by $0.39. The firm had revenue of $640.70 million for the quarter, compared to the consensus estimate of $590.94 million. Affiliated Managers Group had a return on equity of 21.94% and a net margin of 37.72%.The firm’s revenue was up .0% on a year-over-year basis. During the same quarter in the prior year, the company posted $5.39 earnings per share. On average, equities research analysts expect that Affiliated Managers Group, Inc. will post 36.69 earnings per share for the current fiscal year.

Affiliated Managers Group Dividend Announcement

The firm also recently declared a quarterly dividend, which will be paid on Monday, August 24th. Stockholders of record on Monday, August 10th will be paid a dividend of $0.01 per share. The ex-dividend date is Monday, August 10th. This represents a $0.04 annualized dividend and a dividend yield of 0.0%. Affiliated Managers Group’s dividend payout ratio is 0.14%.

Affiliated Managers Group Profile

Affiliated Managers Group, Inc (NYSE: AMG) is a global asset management holding company that partners with boutique investment firms. Founded in 1993 and headquartered in West Palm Beach, Florida, AMG invests in and collaborates with independent investment managers to foster growth while preserving their entrepreneurial culture. Through equity stakes and strategic support, the company aims to enhance its affiliates’ distribution capabilities, operational infrastructure and access to capital.

The company’s core business activities include providing capital solutions, distribution services and operational support to affiliated investment firms.