Symbols / AMG Stock $291.07 -1.22% Affiliated Managers Group, Inc.

Financial Services • Asset Management • United States • NYQ
AMG (Stock) Chart
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Stock Fundamentals
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Index EQUITY
Sector Financial Services
Industry Asset Management
CEO Mr. Jay C. Horgen
Exch · Country NYQ · United States
Market Cap 7.73B
Enterprise Value 11.50B
Income 754.60M
Sales 2.12B
FCF (ttm)
Book/sh 109.41
Cash/sh 14.03
Employees 5,600
Insider 10d
IPO Nov 21, 1997
Div forward ($/yr)
Div TTM ($/yr)
Dividend Yield
Ex-Div Date
5Y Avg Yield
Yield vs 5Y Avg
Payout 0.16%
P/E 11.93
Forward P/E 7.70
PEG 0.89
P/S 3.64
P/B 2.66
P/C
EV/EBITDA 18.75
EV/Sales 5.42
Quick Ratio
Current Ratio
Debt/Eq 68.71
LT Debt/Eq
EPS (ttm) 24.39
EPS next Y 37.79
EPS Growth 74.10%
Revenue Growth 9.70%
EPS Gr Q/Q 52.50%
Rev Gr Q/Q
Earnings (next) 2026-07-30
Earnings (prior) 2026-05-01
ROA 2.82%
ROE 21.83%
ROIC
Gross Margin 49.28%
Oper. Margin 14.20%
Profit Margin 35.55%
Shs Outstand 26.55M
Shs Float 25.77M
Insider Own 4.11%
Instit Own 96.16%
Short Float 4.91%
Short Ratio 2.71
Short Interest 977.26K
52W High 334.78
vs 52W High -13.06%
52W Low 170.27
vs 52W Low 70.95%
Beta
Impl. Vol. 50.27%
Rel Volume 1.21
Avg Volume 406.45K
Volume 492.24K
Target (mean) $376.57
Tgt Median $367.00
Tgt Low $300.00
Tgt High $463.00
# Analysts 7
Recom Strong_buy
Prev Close $294.67
Price $291.07
Change -1.22%
About

Affiliated Managers Group, Inc., through its affiliates, operates as an investment management company providing investment management services to mutual funds, institutional clients,retails and high net worth individuals in the United States. It provides advisory or sub-advisory services to mutual funds. These funds are distributed to retail, high net worth 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.

Valuation Models

Price estimates from analyst targets and simple models.

1. Analyst consensus Mean price target
2. Current target Latest analyst target
3. DCF / Fair value Fallback: EPS × 15 (assumed fair P/E). No FCF data; use with …
Ratings
Current target
$291.07
Low
$300.00
High
$463.00
Mean
$376.57

Latest analyst rating changes

Date Action Analyst Rating Change Price Target
2026-04-27 main Barrington Research Outperform → Outperform $365
2026-01-14 main TD Cowen Buy → Buy $495
2026-01-06 main Goldman Sachs Buy → Buy $341
2025-12-15 main TD Cowen Buy → Buy $485
2025-11-04 main Barrington Research Outperform → Outperform $295
2025-10-08 main Barrington Research Outperform → Outperform $285
2025-10-06 main Goldman Sachs Buy → Buy $280
2025-10-02 main B of A Securities Buy → Buy $335
2025-09-23 main Barrington Research Outperform → Outperform $240
2025-09-02 up B of A Securities Neutral → Buy $331
2025-08-04 up TD Cowen Hold → Buy $255
2025-07-31 main Barrington Research Outperform → Outperform $240
2025-07-29 main Barrington Research Outperform → Outperform $200
2025-06-27 up Goldman Sachs Neutral → Buy $218
2025-05-13 main B of A Securities Neutral → Neutral $217
2025-04-09 main TD Cowen Hold → Hold $168
2025-04-08 main Barrington Research Outperform → Outperform $200
2025-04-03 main B of A Securities Neutral → Neutral $195
2025-02-10 main Deutsche Bank Buy → Buy $210
2025-02-06 main Barrington Research Outperform → Outperform $215
Insider Transactions
Filed Date Insider Relationship Transaction Shares Price Value SEC
2026-03-09 PADIYAR KAVITA General Counsel 2,200 $278.24 $612,128
2026-03-06 WOJCIK THOMAS M. President 8,000 $286.30 $2,290,400
2026-03-05 ALVINGHAM KAREN L. Director 867
2026-03-05 RYAN DAVID CHRISTOPHER Director 867
2026-03-05 WOJCIK THOMAS M. President 10,619 $0.00 $0
2026-03-05 WOJCIK THOMAS M. President 7,272
2026-03-05 MATOS RODRIGUEZ FELIX V Director 867
2026-03-05 RITCHEA DAVA Chief Financial Officer 601
2026-03-05 PADIYAR KAVITA General Counsel 2,426 $0.00 $0
2026-03-05 PADIYAR KAVITA General Counsel 2,288
Financials
Statement View
Amounts in millions (2 decimals, no suffix) • EPS per share (2 decimals) • Trend = period evolution • YoY Growth = previous period %
Line Item Trend 2025-12-31 2024-12-31 2023-12-31 2022-12-31
Total Revenue
2,074.40
+1.64%
2,040.90
-0.82%
2,057.80
-11.67%
2,329.60
Operating Revenue
2,074.40
+1.64%
2,040.90
-0.82%
2,057.80
-11.67%
2,329.60
Cost Of Revenue
1,019.80
+11.42%
915.30
+0.86%
907.50
-15.31%
1,071.50
Reconciled Cost Of Revenue
1,019.80
+11.42%
915.30
+0.86%
907.50
-15.31%
1,071.50
Gross Profit
1,054.60
-6.31%
1,125.60
-2.15%
1,150.30
-8.57%
1,258.10
Operating Expense
579.30
+38.29%
418.90
-0.14%
419.50
-7.37%
452.90
Selling General And Administration
408.60
+8.53%
376.50
+5.11%
358.20
-7.08%
385.50
Total Expenses
1,599.10
+19.85%
1,334.20
+0.54%
1,327.00
-12.95%
1,524.40
Operating Income
475.30
-32.74%
706.70
-3.30%
730.80
-9.24%
805.20
EBITDA
1,493.50
+35.91%
1,098.90
-13.91%
1,276.50
-33.80%
1,928.20
Normalized EBITDA
1,039.10
+1.72%
1,021.50
-0.47%
1,026.30
-12.73%
1,176.00
Reconciled Depreciation
170.70
+302.59%
42.40
-30.83%
61.30
-9.05%
67.40
EBIT
1,322.80
+25.21%
1,056.50
-13.06%
1,215.20
-34.69%
1,860.80
Total Unusual Items
454.40
+487.08%
77.40
-69.06%
250.20
-66.74%
752.20
Total Unusual Items Excluding Goodwill
454.40
+487.08%
77.40
-69.06%
250.20
-66.74%
752.20
Special Income Charges
371.30
0.00
-100.00%
133.10
-79.26%
641.90
Restructuring And Mergern Acquisition
-133.10
+79.26%
-641.90
Net Income
716.60
+40.07%
511.60
-23.97%
672.90
-41.28%
1,145.90
Pretax Income
1,186.30
+28.50%
923.20
-15.41%
1,091.40
-37.51%
1,746.40
Net Non Operating Interest Income Expense
-136.50
-2.40%
-133.30
-7.67%
-123.80
-8.22%
-114.40
Interest Expense Non Operating
136.50
+2.40%
133.30
+7.67%
123.80
+8.22%
114.40
Net Interest Income
-136.50
-2.40%
-133.30
-7.67%
-123.80
-8.22%
-114.40
Interest Expense
136.50
+2.40%
133.30
+7.67%
123.80
+8.22%
114.40
Other Income Expense
847.50
+142.28%
349.80
-27.79%
484.40
-54.11%
1,055.60
Other Non Operating Income Expenses
-69.80
-73.20%
-40.30
+12.01%
-45.80
-31.99%
-34.70
Gain On Sale Of Security
83.10
+7.36%
77.40
-33.90%
117.10
+6.17%
110.30
Gain On Sale Of Business
371.30
0.00
-100.00%
133.10
-79.26%
641.90
Tax Provision
282.30
+54.60%
182.60
-1.46%
185.30
-48.28%
358.30
Tax Rate For Calcs
0.00
+19.60%
0.00
+17.06%
0.00
-17.07%
0.00
Tax Effect Of Unusual Items
108.15
+602.14%
15.40
-63.79%
42.53
-72.42%
154.20
Net Income Including Noncontrolling Interests
904.00
+22.06%
740.60
-18.27%
906.10
-34.72%
1,388.10
Net Income From Continuing Operation Net Minority Interest
716.60
+40.07%
511.60
-23.97%
672.90
-41.28%
1,145.90
Net Income From Continuing And Discontinued Operation
716.60
+40.07%
511.60
-23.97%
672.90
-41.28%
1,145.90
Net Income Continuous Operations
904.00
+22.06%
740.60
-18.27%
906.10
-34.72%
1,388.10
Minority Interests
-187.40
+18.17%
-229.00
+1.80%
-233.20
+3.72%
-242.20
Normalized Income
370.35
-17.63%
449.60
-3.36%
465.23
-15.09%
547.90
Net Income Common Stockholders
716.60
+40.07%
511.60
-23.97%
672.90
-41.28%
1,145.90
Diluted EPS
22.74
+50.30%
15.13
-13.15%
17.42
-31.28%
25.35
Basic EPS
25.18
+53.07%
16.45
-14.23%
19.18
-35.57%
29.77
Basic Average Shares
28.50
-8.36%
31.10
-11.40%
35.10
-8.83%
38.50
Diluted Average Shares
33.00
-8.59%
36.10
-14.45%
42.20
-13.88%
49.00
Diluted NI Availto Com Stockholders
750.00
+37.49%
545.50
-25.81%
735.30
-40.84%
1,242.80
Average Dilution Earnings
33.40
-1.47%
33.90
-45.67%
62.40
-35.60%
96.90
Amortization
160.30
+452.76%
29.00
-39.96%
48.30
-6.40%
51.60
Amortization Of Intangibles Income Statement
160.30
+452.76%
29.00
-39.96%
48.30
-6.40%
51.60
Depreciation Amortization Depletion Income Statement
170.70
+302.59%
42.40
-30.83%
61.30
-9.05%
67.40
Depreciation And Amortization In Income Statement
170.70
+302.59%
42.40
-30.83%
61.30
-9.05%
67.40
Depreciation Income Statement
10.40
-22.39%
13.40
+3.08%
13.00
-17.72%
15.80
Earnings From Equity Interest
462.90
+48.03%
312.70
+11.68%
280.00
-17.18%
338.10
Line Item Trend 2025-12-31 2024-12-31 2023-12-31 2022-12-31
Total Assets
9,207.40
+4.26%
8,830.90
-2.52%
9,059.60
+2.01%
8,881.00
Current Assets
1,167.00
-17.60%
1,416.30
-13.80%
1,643.00
+12.37%
1,462.10
Cash Cash Equivalents And Short Term Investments
670.80
-33.36%
1,006.60
-21.03%
1,274.60
+11.21%
1,146.10
Cash And Cash Equivalents
586.00
-38.32%
950.00
+16.76%
813.60
+89.56%
429.20
Other Short Term Investments
84.80
+49.82%
56.60
-87.72%
461.00
-35.70%
716.90
Receivables
496.20
+21.11%
409.70
+11.21%
368.40
+16.58%
316.00
Accounts Receivable
496.20
+21.11%
409.70
+11.21%
368.40
+16.58%
316.00
Total Non Current Assets
8,040.40
+8.44%
7,414.60
-0.03%
7,416.60
-0.03%
7,418.90
Net PPE
54.40
-5.56%
57.60
-14.41%
67.30
-1.75%
68.50
Gross PPE
213.10
-0.23%
213.60
+0.14%
213.30
-7.22%
229.90
Accumulated Depreciation
-158.70
-1.73%
-156.00
-6.85%
-146.00
+9.54%
-161.40
Properties
0.00
0.00
0.00
0.00
Land And Improvements
20.90
+0.97%
20.70
-0.48%
20.80
+0.00%
20.80
Buildings And Improvements
112.40
+2.18%
110.00
+1.29%
108.60
-2.95%
111.90
Machinery Furniture Equipment
61.10
-2.55%
62.70
-0.79%
63.20
-11.73%
71.60
Other Properties
18.70
-7.43%
20.20
-2.42%
20.70
-19.14%
25.60
Goodwill And Other Intangible Assets
4,170.50
-2.62%
4,282.70
-1.23%
4,336.00
-4.17%
4,524.70
Goodwill
2,531.20
+1.05%
2,504.90
-0.74%
2,523.60
-4.72%
2,648.70
Other Intangible Assets
1,639.30
-7.79%
1,777.80
-1.91%
1,812.40
-3.39%
1,876.00
Investments And Advances
3,497.20
+25.55%
2,785.60
+0.58%
2,769.40
+8.13%
2,561.10
Long Term Equity Investment
2,870.40
+27.77%
2,246.60
-1.83%
2,288.50
+6.96%
2,139.50
Other Investments
626.80
+16.29%
539.00
+12.08%
480.90
+14.07%
421.60
Other Non Current Assets
318.30
+10.25%
288.70
+18.37%
243.90
-7.82%
264.60
Total Liabilities Net Minority Interest
4,785.30
+14.42%
4,182.20
+2.10%
4,096.10
-3.39%
4,240.00
Current Liabilities
806.90
+26.26%
639.10
+1.69%
628.50
-19.25%
778.30
Payables And Accrued Expenses
477.20
+50.63%
316.80
-0.75%
319.20
-20.12%
399.60
Payables
62.30
-72.24%
224.40
Current Accrued Expenses
477.20
+50.63%
316.80
-0.75%
319.20
+82.19%
175.20
Pensionand Other Post Retirement Benefit Plans Current
329.70
+2.30%
322.30
+4.20%
309.30
-18.33%
378.70
Total Tax Payable
62.30
-72.24%
224.40
Income Tax Payable
62.30
-72.24%
224.40
Total Non Current Liabilities Net Minority Interest
3,978.40
+12.29%
3,543.10
+2.18%
3,467.60
+0.17%
3,461.70
Long Term Debt And Capital Lease Obligation
2,691.30
+2.71%
2,620.20
+3.26%
2,537.50
+0.09%
2,535.30
Long Term Debt
2,691.30
+2.71%
2,620.20
+3.26%
2,537.50
+0.09%
2,535.30
Non Current Deferred Liabilities
533.10
+2.42%
520.50
+12.23%
463.80
-0.19%
464.70
Non Current Deferred Taxes Liabilities
533.10
+2.42%
520.50
+12.23%
463.80
-0.19%
464.70
Other Non Current Liabilities
754.00
+87.38%
402.40
-13.70%
466.30
+1.00%
461.70
Preferred Securities Outside Stock Equity
Stockholders Equity
3,238.40
-3.20%
3,345.30
-6.76%
3,587.90
+11.07%
3,230.30
Common Stock Equity
3,238.40
-3.20%
3,345.30
-6.76%
3,587.90
+11.07%
3,230.30
Capital Stock
0.60
+0.00%
0.60
+0.00%
0.60
+0.00%
0.60
Common Stock
0.60
+0.00%
0.60
+0.00%
0.60
+0.00%
0.60
Share Issued
58.50
-0.03%
58.52
+0.03%
58.50
+0.00%
58.50
Ordinary Shares Number
27.00
-8.77%
29.59
-10.86%
33.20
-7.26%
35.80
Treasury Shares Number
31.50
+8.91%
28.92
+14.32%
25.30
+11.45%
22.70
Additional Paid In Capital
616.10
-15.96%
733.10
-1.12%
741.40
+6.60%
695.50
Retained Earnings
7,615.40
+10.37%
6,899.80
+7.98%
6,389.60
+11.74%
5,718.20
Gains Losses Not Affecting Retained Earnings
-106.80
+34.72%
-163.60
+2.39%
-167.60
+17.60%
-203.40
Treasury Stock
4,886.90
+18.48%
4,124.60
+22.17%
3,376.10
+13.27%
2,980.60
Minority Interest
1,183.70
-9.18%
1,303.40
-5.25%
1,375.60
-2.49%
1,410.70
Other Equity Adjustments
-106.80
+34.72%
-163.60
+2.39%
-167.60
+17.60%
-203.40
Total Equity Gross Minority Interest
4,422.10
-4.87%
4,648.70
-6.34%
4,963.50
+6.95%
4,641.00
Total Capitalization
5,929.70
-0.60%
5,965.50
-2.61%
6,125.40
+6.24%
5,765.60
Working Capital
360.10
-53.67%
777.20
-23.39%
1,014.50
+48.36%
683.80
Invested Capital
5,929.70
-0.60%
5,965.50
-2.61%
6,125.40
+6.24%
5,765.60
Total Debt
2,691.30
+2.71%
2,620.20
+3.26%
2,537.50
+0.09%
2,535.30
Net Debt
2,105.30
+26.05%
1,670.20
-3.12%
1,723.90
-18.15%
2,106.10
Net Tangible Assets
-932.10
+0.57%
-937.40
-25.30%
-748.10
+42.20%
-1,294.40
Investmentsin Associatesat Cost
Line Item Trend 2025-12-31 2024-12-31 2023-12-31 2022-12-31
Operating Cash Flow
973.20
+4.41%
932.10
+6.61%
874.30
-17.10%
1,054.70
Cash Flow From Continuing Operating Activities
973.20
+4.41%
932.10
+6.61%
874.30
-17.10%
1,054.70
Net Income From Continuing Operations
904.00
+22.06%
740.60
-18.27%
906.10
-34.72%
1,388.10
Depreciation Amortization Depletion
170.70
+302.59%
42.40
-30.83%
61.30
-9.05%
67.40
Depreciation
10.40
-22.39%
13.40
+3.08%
13.00
-17.72%
15.80
Amortization Cash Flow
160.30
+452.76%
29.00
-39.96%
48.30
-6.40%
51.60
Depreciation And Amortization
170.70
+302.59%
42.40
-30.83%
61.30
-9.05%
67.40
Amortization Of Intangibles
160.30
+452.76%
29.00
-39.96%
48.30
-6.40%
51.60
Other Non Cash Items
-19.80
-8.79%
-18.20
-1113.33%
-1.50
-130.61%
4.90
Stock Based Compensation
202.80
+81.72%
111.60
-0.45%
112.10
-1.49%
113.80
Deferred Tax
83.80
+38.28%
60.60
+92.99%
31.40
-1.88%
32.00
Deferred Income Tax
83.80
+38.28%
60.60
+92.99%
31.40
-1.88%
32.00
Operating Gains Losses
-1,083.50
Gain Loss On Investment Securities
-55.70
-41.73%
-39.30
+53.33%
-84.20
+18.65%
-103.50
Change In Working Capital
53.80
+194.72%
-56.80
+75.15%
-228.60
-265.05%
138.50
Change In Receivables
-49.80
-12.67%
-44.20
+8.68%
-48.40
-155.63%
87.00
Change In Payables And Accrued Expense
131.70
+785.94%
-19.20
+89.86%
-189.40
-2013.13%
9.90
Change In Payable
131.70
+785.94%
-19.20
+89.86%
-189.40
-2013.13%
9.90
Change In Other Current Assets
-28.10
-525.76%
6.60
-28.26%
9.20
-77.88%
41.60
Investing Cash Flow
-206.10
-154.37%
379.10
+43.33%
264.50
+340.67%
-109.90
Cash Flow From Continuing Investing Activities
-206.10
-154.37%
379.10
+43.33%
264.50
+340.67%
-109.90
Net PPE Purchase And Sale
-6.10
-79.41%
-3.40
+72.58%
-12.40
-8.77%
-11.40
Purchase Of PPE
-6.10
-79.41%
-3.40
+72.58%
-12.40
-8.77%
-11.40
Capital Expenditure
-6.10
-79.41%
-3.40
+72.58%
-12.40
-8.77%
-11.40
Net Investment Purchase And Sale
162.40
-58.11%
387.70
+39.76%
277.40
+972.33%
-31.80
Purchase Of Investment
-103.80
+79.66%
-510.40
+30.19%
-731.10
-134.33%
-312.00
Sale Of Investment
266.20
-70.36%
898.10
-10.95%
1,008.50
+259.92%
280.20
Net Business Purchase And Sale
-362.40
-6869.23%
-5.20
-940.00%
-0.50
+99.25%
-66.70
Purchase Of Business
-776.00
-13052.54%
-5.90
+98.00%
-294.70
-1.24%
-291.10
Gain Loss On Sale Of Business
-371.30
0.00
+100.00%
-133.10
+79.26%
-641.90
Net Other Investing Changes
-0.70
Financing Cash Flow
-1,148.70
+2.31%
-1,175.90
-55.07%
-758.30
+45.95%
-1,402.90
Cash Flow From Continuing Financing Activities
-1,148.70
+2.31%
-1,175.90
-55.07%
-758.30
+45.95%
-1,402.90
Net Issuance Payments Of Debt
73.20
-25.00%
97.60
0.00
+100.00%
-60.80
Issuance Of Debt
899.30
+6.10%
847.60
+3290.40%
25.00
0.00
Repayment Of Debt
-826.10
-10.15%
-750.00
-2900.00%
-25.00
+58.88%
-60.80
Long Term Debt Issuance
899.30
+6.10%
847.60
+3290.40%
25.00
0.00
Long Term Debt Payments
-826.10
-10.15%
-750.00
-2900.00%
-25.00
+58.88%
-60.80
Net Long Term Debt Issuance
73.20
-25.00%
97.60
0.00
+100.00%
-60.80
Net Common Stock Issuance
-876.60
-8.22%
-810.00
-104.60%
-395.90
+47.91%
-760.10
Common Stock Payments
-883.00
-8.17%
-816.30
-99.44%
-409.30
+47.21%
-775.30
Common Stock Dividend Paid
-1.00
+28.57%
-1.40
+6.67%
-1.50
+6.25%
-1.60
Cash Dividends Paid
-1.00
+28.57%
-1.40
+6.67%
-1.50
+6.25%
-1.60
Repurchase Of Capital Stock
-883.00
-8.17%
-816.30
-99.44%
-409.30
+47.21%
-775.30
Net Other Financing Charges
-344.30
+25.49%
-462.10
-28.04%
-360.90
+37.82%
-580.40
Changes In Cash
-381.60
-382.04%
135.30
-64.44%
380.50
+183.06%
-458.10
Effect Of Exchange Rate Changes
11.60
+376.19%
-4.20
-160.87%
6.90
+130.53%
-22.60
Beginning Cash Position
950.00
+16.76%
813.60
+89.56%
429.20
-52.76%
908.50
End Cash Position
586.00
-38.32%
950.00
+16.76%
813.60
+89.56%
429.20
Free Cash Flow
967.10
+4.13%
928.70
+7.75%
861.90
-17.39%
1,043.30
Interest Paid Supplemental Data
137.90
-0.22%
138.20
+25.18%
110.40
+0.91%
109.40
Income Tax Paid Supplemental Data
110.70
-22.32%
142.50
-54.69%
314.50
+161.65%
120.20
Common Stock Issuance
6.40
+1.59%
6.30
-52.99%
13.40
-11.84%
15.20
Dividend Received CFO
467.80
+15.82%
403.90
-17.71%
490.80
+24.73%
393.50
Earnings Losses From Equity Investments
-462.90
-48.03%
-312.70
-11.68%
-280.00
+17.18%
-338.10
Issuance Of Capital Stock
6.40
+1.59%
6.30
-52.99%
13.40
-11.84%
15.20
Other Cash Adjustment Outside Changein Cash
6.00
+13.21%
5.30
+276.67%
-3.00
-314.29%
1.40
Sale Of Business
413.60
+58985.71%
0.70
-99.76%
294.20
+31.11%
224.40
SEC Filings

Recent 10-K, 10-Q, 8-K, and Form 4 (insider) filings.

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