Ameriprise Financial, Inc. (NYSE:AMP – Free Report) – Zacks Research upped their Q2 2025 EPS estimates for Ameriprise Financial in a research report issued on Tuesday, November 19th. Zacks Research analyst R. Department now anticipates that the financial services provider will post earnings of $9.34 per share for the quarter, up from their prior estimate of $9.31. The consensus estimate for Ameriprise Financial’s current full-year earnings is $34.41 per share.
Other research analysts have also recently issued reports about the stock. Keefe, Bruyette & Woods raised their target price on shares of Ameriprise Financial from $475.00 to $510.00 and gave the stock a “market perform” rating in a report on Tuesday, October 29th. The Goldman Sachs Group downgraded Ameriprise Financial from a “buy” rating to a “neutral” rating and cut their target price for the company from $485.00 to $476.00 in a research report on Thursday, September 26th. UBS Group raised their price target on Ameriprise Financial from $490.00 to $555.00 and gave the stock a “buy” rating in a research report on Tuesday, October 8th. Morgan Stanley raised their target price on shares of Ameriprise Financial from $440.00 to $502.00 and gave the company an “equal weight” rating in a report on Thursday, October 17th. Finally, Royal Bank of Canada boosted their target price on shares of Ameriprise Financial from $535.00 to $550.00 and gave the company an “outperform” rating in a research report on Friday, October 25th. One research analyst has rated the stock with a sell rating, six have assigned a hold rating and four have given a buy rating to the company’s stock. According to MarketBeat.com, the stock currently has a consensus rating of “Hold” and an average target price of $487.67.
Ameriprise Financial Stock Performance
Shares of AMP opened at $572.07 on Thursday. The company has a market cap of $55.50 billion, a PE ratio of 21.96, a price-to-earnings-growth ratio of 0.98 and a beta of 1.34. The firm has a 50-day moving average of $509.57 and a 200-day moving average of $457.84. Ameriprise Financial has a one year low of $345.43 and a one year high of $575.37. The company has a debt-to-equity ratio of 0.99, a current ratio of 0.65 and a quick ratio of 0.65.
Ameriprise Financial Announces Dividend
The firm also recently declared a quarterly dividend, which was paid on Friday, November 15th. Shareholders of record on Monday, November 4th were paid a dividend of $1.48 per share. The ex-dividend date of this dividend was Monday, November 4th. This represents a $5.92 dividend on an annualized basis and a yield of 1.03%. Ameriprise Financial’s dividend payout ratio (DPR) is presently 22.73%.
Insider Buying and Selling at Ameriprise Financial
In other Ameriprise Financial news, CFO Walter Stanley Berman sold 8,655 shares of the business’s stock in a transaction on Monday, November 11th. The stock was sold at an average price of $564.16, for a total value of $4,882,804.80. Following the transaction, the chief financial officer now owns 6,409 shares of the company’s stock, valued at approximately $3,615,701.44. The trade was a 57.45 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Also, insider Gumer Alvero sold 2,325 shares of the stock in a transaction dated Thursday, October 31st. The shares were sold at an average price of $516.05, for a total transaction of $1,199,816.25. Following the transaction, the insider now owns 4,669 shares of the company’s stock, valued at approximately $2,409,437.45. The trade was a 33.24 % decrease in their position. The disclosure for this sale can be found here. In the last 90 days, insiders sold 30,415 shares of company stock worth $15,829,445. 0.73% of the stock is owned by corporate insiders.
Institutional Trading of Ameriprise Financial
A number of institutional investors have recently modified their holdings of AMP. DiNuzzo Private Wealth Inc. boosted its position in shares of Ameriprise Financial by 268.8% during the 2nd quarter. DiNuzzo Private Wealth Inc. now owns 59 shares of the financial services provider’s stock valued at $25,000 after acquiring an additional 43 shares during the last quarter. Accordant Advisory Group Inc purchased a new position in Ameriprise Financial in the 2nd quarter worth approximately $26,000. Mascoma Wealth Management LLC increased its holdings in shares of Ameriprise Financial by 153.8% in the 2nd quarter. Mascoma Wealth Management LLC now owns 66 shares of the financial services provider’s stock worth $28,000 after buying an additional 40 shares during the last quarter. Bank & Trust Co bought a new stake in shares of Ameriprise Financial during the 2nd quarter worth $29,000. Finally, Hantz Financial Services Inc. bought a new stake in shares of Ameriprise Financial during the 2nd quarter worth $29,000. 83.95% of the stock is currently owned by hedge funds and other institutional investors.
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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