Inside the research

Affiliated Managers Group, Inc.

AMG Research profile · latest available data

Price overview

$373.69

▲ +2.98 (+0.8%)

52w hi$383.41
52w lo$230.75
Vol241.50K
As of25 Sep 2026

The Verdict

Hold

Our score +0.30

Short+0.08
Medium+0.33
Long+0.66

computed 2026-09-27

Key fundamentals

Affiliated Managers Group, Inc.

Financial Services · Asset Management

Market cap$9.66B
Enterprise value$13.53B
Trailing P/E13.12x
Forward P/E8.73x
EV / EBITDA21.62x
P / S (ttm)4.26x
Profit margin37.7%
Return on equity24.3%
Revenue growth+29.9%
Earnings growth+148.2%
Debt / equity76.10

Layer Breakdown

LayerRawContribution
Fundamental+0.46
Sector+0.02
Technical+0.09
Earnings+0.00
Sentiment+0.00

macro × 1.00 · 2026-09-27

Business overview

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.

United States · www.amg.com

Risk Metrics

Beta vs SPX1.13
Corr SPX0.58
Annual vol31.4%
Annual ret+42.0%
Sharpe1.34
Max DD-27.0%

Window: 504 trading days (504 obs)

Analyst Coverage

Mean PT$385.71
High / Low$454.00 / $300.00
Median$400.00
Analysts7
Strong Buy1
Buy5
Hold1
Sell0
Strong Sell0

Recent rating actions

2026-05-04TD Cowen→ Buy
2026-04-27Barrington Research→ Outperform
2026-01-14TD Cowen→ Buy
2026-01-06Goldman Sachs→ Buy
2025-12-15TD Cowen→ Buy
2025-11-04Barrington Research→ Outperform

Material Events

DateEvent8-K
2026-07-30Earnings Release, Other Material Event…read
2026-06-09Material Agreement, Material Obligation…read
2026-05-28Shareholder Voteread
2026-05-01Earnings Release, Other Material Event…read
2026-02-26Officer / Director Change, Reg FD Disclosure…read
2026-02-12Earnings Release, Other Material Event…read
2026-02-12Officer / Director Changeread
2025-12-11Material Agreement, Material Obligation…read
2025-12-08Other Material Eventread
2025-11-03Earnings Release, Other Material Event…read
2025-08-14Officer / Director Change, Reg FD Disclosure…read
2025-07-31Earnings Release, Other Material Event…read

Insider Trades

DateInsiderRoleActionSharesValue
2026-06-12Palandjian Tracy P.Option exercise2.96K$242.76K
2026-06-12Palandjian Tracy P.Withheld for tax685$242.91K
2026-06-08Horgen Jay C.President and CEOOption exercise75.00K$5.59M
2026-06-08Horgen Jay C.President and CEOWithheld for tax39.67K$13.35M
2026-06-08Horgen Jay C.President and CEOSell17.50K$5.92M
2026-06-01FRANQUI ANNETTEBuy750$228.66K
2026-05-08Matos Rodriguez Felix V.Sell1.00K$300.18K

Flow & Concentration

Insider 180d net-$5.99M
Insider buys / sells1 / 2
Insider biasSellers
13F holders7
Top-5 share95.2%
HHI2,796 (concentrated)

Top Holders

HolderValueShares
State Street Corp$298.92M883.32K
Millennium Management$296.14M875.12K
Citadel Advisors$71.94M212.59K
Fidelity / FMR LLC$60.09M177.58K
Capital Research / Capital World$59.48M175.78K
Renaissance Technologies$39.74M117.44K
T. Rowe Price Group$56.37K166.56K

As of 2026-06-30

Dividends

Yield (TTM)0.01%
$ / share (TTM)$0.02
5y CAGR-35.2%

Annual dividend per share

2021$0.04
2022$0.04
2023$0.04
2024$0.04
2025$0.04
2026$0.01

SEC Filings

DateFormDoc
2026-08-0710-Qview
2026-08-034view
2026-08-034view
2026-08-034view
2026-08-034view
2026-08-034view
2026-08-034view
2026-07-308-Kview
2026-06-154view
2026-06-098-Kview
2026-06-084view
2026-06-034view
2026-05-288-Kview
2026-05-084view
2026-05-084view

The Long Run

FY 2010–2025 · 16 years

LineLatestCAGRTrend
Revenue$2.07B+20.2%
Operating income$262.50M-4.9%
Net income$716.60M+18.0%
Cash from ops$874.30M+5.6%

Indices

S&P MidCap 400

Recent Sessions

DateOpenHighLowCloseVol
Sep 25$372.94$379.06$371.46$373.69241.50K
Sep 24$366.91$371.85$361.44$370.71353.60K
Sep 23$357.59$369.88$357.59$366.17272.60K
Sep 22$366.04$366.39$355.27$360.28323.80K
Sep 21$359.65$366.13$356.16$364.66205.00K

Understand the score. Research layers are inputs to a model, and the available data has limits.

Read the methodology →