Affiliated Managers Group (NYSE: AMG) is a global asset management company. It acquires interests in a wide range of investment management firms, known as "Affiliates." The company operates in the Financial - Investment Management industry, managing investments for institutional and individual clients. Affiliated Managers Group has a market capitalization of around $9.69 billion.
On July 31, 2026, an analyst from Barrington raised the price target for Affiliated Managers Group to $425.00 from $365.00. At the time, the stock was trading at $366.73 per share. This new target represents a potential increase of 15.89% from its price when the new target was announced.
This optimistic outlook follows the company's strong second-quarter performance. Affiliated Managers Group reported economic earnings per share (EPS) of $8.29, which is a 58.3% increase from the previous year. This figure also surpassed the Zacks Consensus Estimate of $7.85, as highlighted by Zacks. This shows the company is earning more profit per share than expected.
The company’s revenue also grew, climbing 29.9% year-over-year to $640.70 million. A key driver for this growth is the company's record Assets Under Management (AUM), which reached $942.40 billion. AUM represents the total value of investments the company manages for its clients. This was helped by net client cash inflows of $12.90 billion.
Despite the strong results, the company's expenses rose by 17.9%, and its debt increased to $3.00 billion. However, Affiliated Managers Group also repurchased $189.00 million of its own stock during the quarter. Share repurchases can indicate that management believes the company's stock is a good investment.
