Ameriprise Financial, Inc. (NYSE:AMP – Free Report) – Research analysts at William Blair reduced their Q2 2025 earnings per share estimates for shares of Ameriprise Financial in a report released on Thursday, January 30th. William Blair analyst J. Schmitt now anticipates that the financial services provider will post earnings per share of $9.34 for the quarter, down from their prior forecast of $9.50. The consensus estimate for Ameriprise Financial’s current full-year earnings is $38.68 per share.
Several other research analysts also recently weighed in on AMP. Royal Bank of Canada reiterated an “outperform” rating and issued a $625.00 price target on shares of Ameriprise Financial in a research report on Monday. Piper Sandler raised their target price on Ameriprise Financial from $415.00 to $442.00 and gave the stock an “underweight” rating in a report on Friday, January 31st. Keefe, Bruyette & Woods boosted their price target on Ameriprise Financial from $560.00 to $570.00 and gave the company a “market perform” rating in a report on Monday. Morgan Stanley raised their price objective on Ameriprise Financial from $440.00 to $502.00 and gave the stock an “equal weight” rating in a research note on Thursday, October 17th. Finally, UBS Group downgraded Ameriprise Financial from a “buy” rating to a “neutral” rating and cut their price objective for the company from $580.00 to $570.00 in a research note on Monday, January 6th. One investment analyst has rated the stock with a sell rating, six have given a hold rating and three have assigned a buy rating to the stock. According to data from MarketBeat.com, the company has an average rating of “Hold” and a consensus price target of $510.44.
Ameriprise Financial Stock Performance
AMP opened at $535.83 on Monday. The company’s 50 day moving average is $546.89 and its 200 day moving average is $499.39. The company has a current ratio of 0.59, a quick ratio of 0.65 and a debt-to-equity ratio of 1.01. The company has a market cap of $51.98 billion, a price-to-earnings ratio of 16.21, a PEG ratio of 1.18 and a beta of 1.36. Ameriprise Financial has a 12-month low of $385.56 and a 12-month high of $582.05.
Ameriprise Financial (NYSE:AMP – Get Free Report) last announced its earnings results on Wednesday, January 29th. The financial services provider reported $9.36 earnings per share (EPS) for the quarter, topping the consensus estimate of $9.16 by $0.20. Ameriprise Financial had a return on equity of 69.35% and a net margin of 19.70%.
Ameriprise Financial Dividend Announcement
The business also recently disclosed a quarterly dividend, which will be paid on Friday, February 28th. Shareholders of record on Monday, February 10th will be issued a dividend of $1.48 per share. This represents a $5.92 dividend on an annualized basis and a yield of 1.10%. The ex-dividend date is Monday, February 10th. Ameriprise Financial’s dividend payout ratio (DPR) is currently 17.91%.
Insider Activity
In other Ameriprise Financial news, CFO Walter Stanley Berman sold 8,655 shares of the firm’s stock in a transaction that occurred on Monday, November 11th. The stock was sold at an average price of $564.16, for a total transaction of $4,882,804.80. Following the completion of the transaction, the chief financial officer now owns 6,409 shares in the company, valued at $3,615,701.44. This trade represents a 57.45 % decrease in their position. The transaction was disclosed in a filing with the SEC, which is available through this link. Also, insider Joseph Edward Sweeney sold 10,735 shares of the company’s stock in a transaction that occurred on Friday, November 8th. The stock was sold at an average price of $549.68, for a total value of $5,900,814.80. Following the sale, the insider now directly owns 5,811 shares in the company, valued at $3,194,190.48. This trade represents a 64.88 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Company insiders own 0.96% of the company’s stock.
Institutional Investors Weigh In On Ameriprise Financial
Several large investors have recently bought and sold shares of AMP. JPMorgan Chase & Co. increased its holdings in shares of Ameriprise Financial by 9.1% in the 3rd quarter. JPMorgan Chase & Co. now owns 4,285,476 shares of the financial services provider’s stock worth $2,013,359,000 after buying an additional 358,699 shares during the last quarter. Robeco Institutional Asset Management B.V. grew its position in Ameriprise Financial by 429.0% in the fourth quarter. Robeco Institutional Asset Management B.V. now owns 417,149 shares of the financial services provider’s stock worth $222,103,000 after acquiring an additional 338,298 shares in the last quarter. Maj Invest Holding A S bought a new stake in Ameriprise Financial during the third quarter worth approximately $98,742,000. Assenagon Asset Management S.A. raised its position in Ameriprise Financial by 816.7% during the fourth quarter. Assenagon Asset Management S.A. now owns 219,180 shares of the financial services provider’s stock valued at $116,698,000 after purchasing an additional 195,271 shares during the period. Finally, The Manufacturers Life Insurance Company lifted its stake in shares of Ameriprise Financial by 144.0% in the 3rd quarter. The Manufacturers Life Insurance Company now owns 243,385 shares of the financial services provider’s stock valued at $114,345,000 after purchasing an additional 143,648 shares during the last quarter. Institutional investors own 83.95% of the company’s stock.
Ameriprise Financial Company Profile
Ameriprise Financial, Inc, together with its subsidiaries, provides various financial products and services to individual and institutional clients in the United States and internationally. It operates through four segments: Advice & Wealth Management, Asset Management, Retirement & Protection Solutions, and Corporate & Other.
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