Ameriprise Financial, Inc. (NYSE:AMP – Free Report) – Stock analysts at William Blair dropped their Q2 2025 earnings per share estimates for shares of Ameriprise Financial in a research note issued on Thursday, January 30th. William Blair analyst J. Schmitt now forecasts that the financial services provider will earn $9.34 per share for the quarter, down from their previous estimate of $9.50. The consensus estimate for Ameriprise Financial’s current full-year earnings is $38.68 per share.
Several other analysts also recently issued reports on the stock. Royal Bank of Canada reissued an “outperform” rating and issued a $625.00 price objective on shares of Ameriprise Financial in a research note on Monday. Keefe, Bruyette & Woods lifted their price objective on shares of Ameriprise Financial from $560.00 to $570.00 and gave the company a “market perform” rating in a report on Monday. UBS Group lowered shares of 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 report on Monday, January 6th. Morgan Stanley lifted their price target on shares of Ameriprise Financial from $440.00 to $502.00 and gave the stock an “equal weight” rating in a report on Thursday, October 17th. Finally, Piper Sandler lifted their price objective on shares of Ameriprise Financial from $415.00 to $442.00 and gave the stock an “underweight” rating in a research note on Friday. One research analyst has rated the stock with a sell rating, six have issued a hold rating and three have given a buy rating to the company. According to MarketBeat.com, the company presently has an average rating of “Hold” and an average target price of $510.44.
Ameriprise Financial Trading Down 1.1 %
Shares of Ameriprise Financial stock opened at $537.64 on Monday. The firm has a market cap of $52.16 billion, a price-to-earnings ratio of 16.26, a PEG ratio of 1.18 and a beta of 1.36. The business has a 50-day moving average price of $547.55 and a 200-day moving average price of $498.55. The company has a quick ratio of 0.65, a current ratio of 0.59 and a debt-to-equity ratio of 1.01. Ameriprise Financial has a twelve month low of $385.56 and a twelve month high of $582.05.
Ameriprise Financial (NYSE:AMP – Get Free Report) last released its quarterly earnings results on Wednesday, January 29th. The financial services provider reported $9.36 earnings per share for the quarter, beating 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%.
Institutional Trading of Ameriprise Financial
Several institutional investors and hedge funds have recently modified their holdings of AMP. Czech National Bank increased its position in Ameriprise Financial by 5.7% during the third quarter. Czech National Bank now owns 20,002 shares of the financial services provider’s stock worth $9,397,000 after purchasing an additional 1,074 shares during the last quarter. GAMMA Investing LLC boosted its stake in Ameriprise Financial by 15.6% during the 3rd quarter. GAMMA Investing LLC now owns 4,102 shares of the financial services provider’s stock valued at $1,927,000 after acquiring an additional 554 shares during the last quarter. Diversified Trust Co boosted its stake in Ameriprise Financial by 0.9% during the 3rd quarter. Diversified Trust Co now owns 7,610 shares of the financial services provider’s stock valued at $3,575,000 after acquiring an additional 65 shares during the last quarter. Miracle Mile Advisors LLC boosted its stake in Ameriprise Financial by 5.7% during the 3rd quarter. Miracle Mile Advisors LLC now owns 741 shares of the financial services provider’s stock valued at $348,000 after acquiring an additional 40 shares during the last quarter. Finally, Atomi Financial Group Inc. lifted its position in shares of Ameriprise Financial by 6.6% in the 3rd quarter. Atomi Financial Group Inc. now owns 664 shares of the financial services provider’s stock worth $312,000 after buying an additional 41 shares during the last quarter. Hedge funds and other institutional investors own 83.95% of the company’s stock.
Insider Activity at Ameriprise Financial
In other Ameriprise Financial news, CFO Walter Stanley Berman sold 8,655 shares of the firm’s stock in a transaction on Monday, November 11th. The shares were sold at an average price of $564.16, for a total transaction of $4,882,804.80. Following the transaction, the chief financial officer now directly owns 6,409 shares of the company’s stock, valued at approximately $3,615,701.44. This trade represents a 57.45 % decrease in their position. The sale was disclosed in a document filed with the SEC, which is available at the SEC website. Also, insider Joseph Edward Sweeney sold 10,735 shares of the business’s stock in a transaction dated Friday, November 8th. The stock was sold at an average price of $549.68, for a total transaction of $5,900,814.80. Following the transaction, the insider now owns 5,811 shares in the company, valued at approximately $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. Insiders own 0.96% of the company’s stock.
Ameriprise Financial Dividend Announcement
The company also recently disclosed a quarterly dividend, which will be paid on Friday, February 28th. Shareholders of record on Monday, February 10th will be given a $1.48 dividend. This represents a $5.92 dividend on an annualized basis and a dividend yield of 1.10%. The ex-dividend date of this dividend is Monday, February 10th. Ameriprise Financial’s dividend payout ratio is presently 17.91%.
About Ameriprise Financial
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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