Affiliated Managers Group (AMG)
Financials · asset management · NYSE
AMG is a global asset manager that partners with independent boutique investment firms to provide specialized investment strategies to institutional and private clients.
What Affiliated Managers Group does
Affiliated Managers Group is a global asset management company that operates through a partnership model. It provides investment management services by acquiring equity interests in a diverse group of boutique investment firms ("Affiliates") which maintain operational autonomy.
Themes: asset management, boutique investment partnerships, institutional investment management, private wealth management
Fundamentals
- Price$356.21 as of 2026-08-21 close
- Market cap$9.2B as of 2026-08-21
- 1-year return+63.1% 2025-08-21 close $218.35 → 2026-08-21 close $356.21
- P/E12.45 as of 2026-08-24
- Net margin+35.5% as of 2026-08-24
- ROE+23.4% as of 2026-08-24
- Debt / equity0.94 as of 2026-08-24
- Revenue growth (YoY)+4.2% as of 2026-08-24
- Revenue CAGR (3y)-3.8% SEC XBRL
- Beta1.08 as of 2026-08-24
- Last reported earnings2026-07-30 SEC EDGAR Form 8-K (Item 2.02)
Dividend: yield +0.0%; at least 5 years of non-decreasing per-share dividends (SEC XBRL) — we do not hold the year before it, so the real streak may be longer.
How AMG compares in its sector
- price-to-earnings ratiomiddle range 525 covered Financials peers, as of 2026-08-24
- net profit margintop 25% 538 covered Financials peers, as of 2026-08-24
- operating marginmiddle range 534 covered Financials peers, as of 2026-08-24
- return on equitytop 25% 575 covered Financials peers, as of 2026-08-24
- 3-year revenue CAGRbottom 10% 347 covered Financials peers
- indicated dividend yieldbottom 10% 453 covered Financials peers, as of 2026-08-24
- free cash flow (absolute dollars, latest fiscal year)top 25% 431 covered Financials peers, as of FY2025
Position among covered Financials companies that report each metric (minimum 5 peers). A relative position within our covered catalog — not a valuation, quality, or investment judgment. A higher percentile is simply a higher value (for P/E, more expensive on earnings — never "better"). Informational only.
Top 10 scores & list membership
AMG is not currently in any published Top 10 list. Its scores are below.
Long-term score
56.2 #289 of 987 scored · #122 of 191 in Financials
Long-term trend 72nd (a "golden cross" — its 50-day average is above its 200-day) and capital return 71st (consecutive years of dividend increases 5 years); weakest is growth (23rd, 3-year revenue CAGR -3.8%, revenue growth year over year 4.2%).
Short-term score
55.8 #435 of 1,704 scored · #72 of 277 in Financials
Volume and participation 79th: trading volume is about normal versus its 30-day average; setup 68th: no fresh 20-day breakout up or down; weakest is catalysts 41st: open-market insider buys in 90 days 4, analysts' average price target is unchanged from the prior reading.
Scores as of 21 Aug 2026. Each bar is a percentile: how this company ranked against every company the score ranked, 0–100. A list is a published formula and its output, not a recommendation. Method version 2.
Dividend coverage (FY2025)
Covered by reported results. In FY2025, AMG's dividend was covered by reported results (earnings payout 0%, free-cash-flow payout 0%). This describes past coverage, not a forecast.
- Earnings payout0% dividends / net income
- Free-cash-flow payout0% dividends / (operating cash flow − capex)
Coverage derived from reported SEC EDGAR XBRL figures for FY2025 (dividends paid vs. net income and free cash flow, same fiscal year). This describes PAST coverage for one fiscal year — it does not predict whether a dividend will be maintained, raised, or cut, and a one-year payout ratio can be distorted by non-recurring items. Informational only — not financial advice.
How Affiliated Managers Group looks technically
Affiliated Managers Group (AMG) is trading 15.6% above its 200-day average, the long-term trend line — a longer-term uptrend. Its 50-day average crossed above its 200-day average about 286 trading days ago — a "golden cross", a bullish long-term signal. There is no clear trend right now — the price is choppy (ADX, a 0–100 trend-strength gauge, is 13, below the 25 that marks a real trend). Momentum is neutral — its 14-day RSI (a 0–100 momentum gauge) is 46, neither overbought (above 70) nor oversold (below 30). It made a new 20-day high about 14 trading days ago.
Trend
7
| Distance from the 200-day | it is trading 15.6% above its 200-day average, the long-term trend line — a longer-term uptrend | +15.6% |
|---|---|---|
| 50-day moving average | its average price over the last 50 trading days — a short-term trend line — is $359.16 | $359.16 |
| 200-day moving average | its average price over the last 200 trading days — the long-term trend line — is $308.26 | $308.26 |
| Swing structure | its recent peaks and dips disagree — one of them is rising while the other is not, so there is no clean up or down pattern in the swings | mixed — one of the two is not confirming |
| Last swing turn | its last significant turn was a swing high 17 calendar days ago — the swings before that are what the structure reading is measured on | 17 sessions |
| Since the 50/200 cross | its 50-day average crossed above its 200-day average about 286 trading days ago — a "golden cross", a bullish long-term signal | 286 sessions |
| Trend strength (14-day ADX) | there is no clear trend right now — the price is choppy (ADX, a 0–100 trend-strength gauge, is 13, below the 25 that marks a real trend) | 13.0 |
Momentum
3
| 14-day RSI | momentum is neutral — its 14-day RSI (a 0–100 momentum gauge) is 46, neither overbought (above 70) nor oversold (below 30) | 46.1 |
|---|---|---|
| Position in its 14-day range | it is trading near the bottom of its 14-day range ($350.76 to $392.92) — its "stochastic" reading is 13 out of 100, where 0 would mean closing exactly at the 14-session low and 100 exactly at the high. This measures WHERE the price sits inside its recent range, which is a different question from the RSI beside it: RSI is a momentum gauge, measuring how FAST the price has been moving, so a stock can drift quietly to the bottom of its range with an ordinary RSI, or fall sharply and still sit in the middle. It has been climbing within that range over the last few sessions. | 12.9 |
| Since the MACD crossed zero | MACD, a trend-momentum gauge, is in negative territory (momentum leaning bearish) | 11 sessions |
Range
12
| 52-week high | its highest closing price over the past year (about 252 trading days) was $392.92 | $392.92 |
|---|---|---|
| From the 52-week high | it is 9.3% below its 52-week high (its highest price of the past year) | -9.3% |
| Above the 52-week low | it is 65.7% above its 52-week low (its lowest price of the past year) | +65.7% |
| Below the 52-week high | it is 9.3% below its highest point of the past year | 9.3% |
| Since a 20-day breakout | it made a new 20-day high about 14 trading days ago | 14 sessions |
| Since a 55-day breakout | it made a new 55-day high about 14 trading days ago | 14 sessions |
| All-time high | its highest closing price on record is $392.92 (set on 2026-08-04) | $392.92 |
| Given back of the 52-week move | over the past year its closes ranged ($216.85 to $383.42), and it has given back roughly a quarter of its rise from last year’s low — 16% of it. Chart-watchers call 61.8%-65% given back the "golden pocket" — for this company that is $275.15 to $280.48. It is watched widely enough that orders cluster there, which is the honest reason it matters; it is not a forecast. | 16.3% |
| From the all-time high | it is 9.3% below its all-time high | -9.3% |
| Nearest price level | it is trading 6.1% above a support level at $334.32 — a price it turned at three times since 2026-01-22, most recently on 2026-06-29. Since 2024-08-21 it has 12 such levels below the current price and 0 above. Levels like these describe where the price has reversed or paused before; they are not a forecast of where it will go. | -6.1% |
| All-time low | its lowest closing price on record is $17.93 (set on 2008-11-21) | $17.93 |
| Above the all-time low | it is 1886.7% above its all-time low | +1,887% |
Volatility
5
| Band width vs its own 6 months | day-to-day price swings are narrower than usual versus its own recent 6-month history (tighter than about 79% of it) | 21st percentile |
|---|---|---|
| Typical daily range | in a typical session it travels about $11.49 between its high and its low — about 3.2% of its price. That is its "average true range" over the last 14 sessions, which also counts the distance from the previous close, so a day that opens well away from yesterday counts as the large move it was | $11.49 |
| Bollinger bands (20-day, ±2σ) | most of its recent trading has stayed between about $350.68 and $382.67 — the "Bollinger bands", a range drawn two standard deviations either side of its 20-day average price, which widens when the stock gets more volatile and narrows when it settles | $350.68 – $366.68 – $382.67 |
| Typical daily range (% of price) | its price moves about 3.2% in a typical session — about typical for the companies we cover. This is the average gap between a session's high and low over the last 14 sessions, counting overnight moves, expressed against the current price so it can be compared with companies trading at any price | 3.2% |
| Stretch from the 200-day average | it is trading 4.2 daily ranges above its 200-day average price (15.6% above it in plain percentage terms) — a way of asking how far it has stretched from its own average in units of how far it normally moves in a day, so a calm company and a jumpy one can be compared on the same scale | 4.2 daily ranges above its 200-day average |
Volume
1
| Volume vs its 30-day average | trading volume is about normal versus its 30-day average | 1.11× |
|---|
Analyst
2
| Change in the average price target | analysts' average price target is unchanged from the prior reading | 0.0% |
|---|---|---|
| Change in the consensus rating | the analyst consensus rating is unchanged since the prior reading | unchanged |
Candlestick patterns
1
| Since a doji | today it opened and closed at almost the same price after trading through a wider range — a "doji", the classic picture of buyers and sellers finishing the session level | today |
|---|
Price gaps
2
| Gap at the open | it opened on 2026-08-21 1.0% above the previous session's close — an overnight gap, the part of the move that happened while the market was shut, and had not traded back through that level by the close | +1.0% |
|---|---|---|
| Gap filled | a 2.4% gap down opened on 2026-07-17 has been "filled" 24 sessions ago — price traded back through the level the gap left behind, and it took 1 session to close | 24 sessions ago |
Price streaks
1
| Closing streak | it closed higher in its latest session, after a session that did not close higher — a single up day rather than a run | 1 session up |
|---|
Relative strength
4
| vs market, 1 month | over the past 1 month this stock beat the market by 2.3 percentage points (the stock gained 4.6% while the market gained 2.3%) | +2.3% |
|---|---|---|
| vs market, 3 months | over the past 3 months this stock beat the market by 14.6 percentage points (the stock gained 17.7% while the market gained 3.1%) | +14.6% |
| vs market, 6 months | over the past 6 months this stock beat the market by 12.8 percentage points (the stock gained 23.8% while the market gained 11.1%) | +12.8% |
| vs market, 12 months | over the past 12 months this stock beat the market by 42.7 percentage points (the stock gained 63.1% while the market gained 20.5%) | +42.7% |
Signal agreement
2
| Bullish technical signals | 4 of the 9 technical signals we can compute for it are currently in a bullish state: a "golden cross" — its 50-day average is above its 200-day, trading above its 200-day average, outperforming the market over 6 months, near the bottom of its 14-day range (oversold) — these describe past price behaviour, not a forecast | 4 of 9 |
|---|---|---|
| Bearish technical signals | 1 of the 9 technical signals we can compute for it is currently in a bearish state: MACD momentum is negative — these describe past price behaviour, not a forecast | 1 of 9 |
Trend (Ichimoku cloud)
1
| Vs the Ichimoku cloud | trading inside the Ichimoku cloud — a band drawn from where its own highs and lows sat up to 2026-07-16 and projected forward over today's price, the zone traders read as unresolved — neither side has established a trend, and the band is where that gets settled. The band itself is moderate, spanning 7.2% of the share price. | 0.0% |
|---|
Volume-weighted price
2
| Vs this year’s average price paid | the price is 13% above the average price paid so far this year, so the typical buyer over that stretch is showing a gain. That average is $316.00 — a volume-weighted average of daily closes over 158 sessions, not a true tick-by-tick VWAP. | +12.7% |
|---|---|---|
| Vs the average paid since it last reported | the price is 3% below the average price paid since it last reported on 2026-07-30 (its 8-K), so the typical buyer over that stretch is under water. That average is $366.62 — a volume-weighted average of daily closes over 17 sessions, not a true tick-by-tick VWAP. | -2.8% |
Price levels it has turned at before
AMG last closed at $356.21 on 2026-08-21. Since 2024-08-21 it has turned at 12 prices below its last close and 0 above; the 3 nearest below are listed, nearest first.
| Level | Side | Distance | Evidence |
|---|---|---|---|
| $334.32 | Support | 6.1% below the last close | turned there three times · 2026-01-22 to 2026-06-29 |
| $313.81 | Support | 11.9% below the last close | turned there twice · 2026-05-01 to 2026-05-27 |
| $290.52 | Support | 18.4% below the last close | turned there twice · 2026-02-11 to 2026-05-18 |
A level is a price this company reversed or paused at more than once — they describe past behaviour, not a forecast of where the price will go.
Wave structure
No Elliott-wave labelling currently fits its swings: the recent highs and lows do not satisfy the three rules a five-wave count has to obey, so there is no count to show rather than a count we are unsure about.
Read from daily closes as of 2026-08-21.
An Elliott-wave count describes the swings already printed and the level that would disprove it. It is not a forecast, a target, or advice.
Screens: Trading above the 200-day moving average · trendless / choppy (low ADX) · beating the market · Printed a doji candle · At the bottom of its 14-day range (stochastic below 20) · Under water since its last earnings report (below the anchored VWAP) | Learn: moving average · golden cross · adx · rsi · breakout
Based on daily closing prices as of 2026-08-21. Describes past price behavior only — informational, not financial advice.
Analyst consensus
- Consensus ratingStrong Buy (1.43 mean, 1=Strong Buy…5=Strong Sell) — 7 analysts
- Mean price target$437.57 range $360.00 – $512.00; median $437.00
Analyst estimates, as of 2026-08-24. These are third-party analyst opinions and price targets, aggregated — not a recommendation, prediction, or advice from stocks-llm. Informational only.
Analyst EPS estimate for AMG
- Consensus EPS estimate$8.62 next reporting period, as of 2026-08-24
Change over time is not available yet: it needs two readings of the same reporting period at least 30 days apart, and we have been recording these estimates since 2026-08-04. An estimate for a DIFFERENT quarter is not a revision, so a reading from before the last report is never compared with one after it.
The consensus estimate for the next reporting period, and how it has moved between readings of that SAME period. A change is measured only between readings estimating one period — when a company reports, the consensus moves to the next quarter and the two numbers are not comparable. Informational only, not a forecast and not advice.
Key risks (from latest filing)
["Dependence on the performance and retention of key investment professionals at Affiliates.","Market risk and volatility impacting assets under management and management fee revenues.","Concentration risk within its diversified portfolio of independent investment firms."]
What changed in the latest 10-Q
AI-assisted comparison of AMG's 10-Q filed 2026-05-07 against the prior one filed 2025-11-06.
Management's Discussion & Analysis (MD&A)
- Added:
- 2026 filing shows three months ended March 31, 2026 financial data; 2025 filing shows three and nine months ended September 30, 2025 data
- 2026 filing includes 'Conversion premium on junior convertible securities' line item ($0.5 million) in equity changes table for Q1 2026
- 2026 consolidated revenue for Q1 2026: $544.9 million vs. Q1 2025: $496.6 million
- 2026 equity method income (net) for Q1 2026: $147.4 million vs. Q1 2025: $75.3 million
- 2026 filing shows absence of 'Affiliate transaction gains' line item that appeared in 2025 filing
- Removed:
- 2025 filing includes 'Affiliate transaction gains (Note 9)' line item ($127.6 million for nine months ended September 30, 2025) absent from 2026 filing
- 2025 filing shows comparative nine-month periods; 2026 filing presents only three-month periods
- 2025 filing 'Affiliate equity activity' section uses different naming convention ('Affiliate equity compensation' instead of 'Affiliate equity expense')
- Reworded:
- 2025 filing labels 'Affiliate equity activity' subsection; 2026 filing uses 'Affiliate equity-related activities' for same section
- 2025 filing uses 'Affiliate equity compensation' line item; 2026 filing uses 'Affiliate equity expense' for equivalent concept
- Other comprehensive income shown as positive/gain in 2025 filing ('Other comprehensive income, net of tax'); shown as negative/loss in 2026 filing ('Other comprehensive loss, net of tax')
- Notes:
- The two filings compare different fiscal periods (Q1 2026 vs. Q3 2025 and nine-month 2025), making direct comparative analysis of MD&A structure and metrics inherently period-specific rather than reflecting filing changes
- Financial data differences reflect actual operating period differences, not document revisions of the same period
- Both filings present unaudited interim financial statements with different balance sheet dates (March 31, 2026 vs. September 30, 2025)
Risk Factors
- Added:
- Newer filing (2026-05-07) references Form 10-K for year ended December 31, 2025 (vs. December 31, 2024 in older filing)
- Newer filing states AUM of approximately $882 billion as of March 31, 2026 (vs. $804 billion as of September 30, 2025 in older filing)
- Newer filing describes completed agreements with Brown Brothers Harriman (BBH Credit Partners), additional investment in Garda Capital Partners, and minority investment in HighBrook Investors in Q1 2026
- Newer filing notes equity method accounting continues for Garda investment
- Newer filing presents Q1 2026 operating performance measures showing AUM of $882.0 billion (vs. $712.2 billion in Q1 2025) and aggregate fees of $1,909.9 million (vs. $1,270.4 million in Q1 2025)
- Newer filing describes client demand for alternative strategies with strong net inflows in liquid alternatives and private markets, while equity strategies experienced net outflows
- Removed:
- Older filing's references to Q1 2025 investments in NorthBridge Partners and Verition Fund Management are not in newer filing
- Older filing's reference to pending Qualitas Energy transaction expected to close in Q4 2025 is not in newer filing
- Older filing's detailed discussion of Peppertree Capital Management sale (July 2025) is not in newer filing
- Older filing's reference to pending BBH Credit Partners transaction expected to close in Q1 2026 is not in newer filing (transaction now completed)
- Older filing's discussion of Montefiore Investment acquisition (October 2025) is not in newer filing
- Older filing's discussion of Comvest Partners partial sale (November 3, 2025) is not in newer filing
- Older filing's operating performance measures table comparing Q3 2024 vs. Q3 2025 and nine-month periods is not in newer filing
- Reworded:
- Strategic capabilities description: Older filing lists 'growth capital, product strategy and development, capital formation, and incentive alignment and succession planning' vs. newer filing adding 'access to growth capital' and 'strategic advisory' with slightly different phrasing
- Executive Overview now specifically mentions Q1 2026 transaction completions rather than pending/announced transactions from older filing
- Operating performance context changed from Q3 fiscal year period in older filing to Q1 2026 calendar year period in newer filing
- Notes:
- Newer filing excerpt appears truncated at Assets Under Management table (ends mid-row with 'Client cash inflows and commitments 4.3 30')
- Older filing excerpt also appears truncated at bottom of operating performance measures discussion
- Comparison reflects different fiscal periods (Q1 2026 in newer vs. Q3 2025 in older), so some changes reflect timing of events rather than substantive policy changes
- Text from different sections of filings may not be directly comparable due to structural differences in 10-Q presentation
AI-assisted comparison of two SEC filing sections. It describes wording and theme changes only, makes no materiality, legal, or investment judgement, and is not financial advice. Informational only — not financial advice.
Insider activity (SEC Form 4)
1 open-market purchase and 1 open-market sale by insiders in the last 90 days.
- Last 90 days1 buy ($228660) · 1 sell ($6M) — 1 buying, 1 selling insiders
- Last 180 days2 buys ($687405) · 5 sells ($10M) — 2 buying, 5 selling insiders
Activity heuristic: mixed (a transparent product heuristic from the counts above, not a prediction or advice)
Most recent open-market transaction: 2026-06-08. As of 2026-08-24.
View full insider trading history → View SEC Form 3/4/5 filingsAsk about AMG's insider activity →
Only open-market purchases (SEC code P) and sales (code S) are counted here. Option exercises, vesting/awards, gifts, and shares withheld for taxes are excluded — they are compensation or mechanical, not open-market conviction. Sales may be planned and non-discretionary (e.g. a Rule 10b5-1 plan) and are not necessarily bearish; open-market buying is not a recommendation to buy. Informational only — not financial advice.
Institutional ownership (13F)
6 institutional 13F filers reported holding AMG as of 2026-03-31 (quarter-end position, filed within 45 days).
- Distinct 13F filers 6
- Reported shares held 4,352,834
- Reported value $1,204,429,156
reported quarterly holdings change (2025-12-31 → 2026-03-31): 0 new, 2 increased, 4 decreased, 0 exited. Change counts cover only managers that filed 13F reports in BOTH quarters, derived between two quarter-end snapshots — not same-day trades; a single manager is never said to have "bought" or "sold".
Institutional holdings are quarter-end long positions reported on SEC Form 13F-HR, filed up to 45 days after the quarter ends — they are delayed, are not real-time trades, exclude short positions and most non-US securities, and are not investment advice. Any increase/decrease is a reported change between two quarterly snapshots, not a same-day purchase or sale. These are quarter-end snapshots from the 13F filings on SEC EDGAR, filed within 45 days — not real-time, and any change is a difference between two quarterly reports, not a same-day trade. Informational only — not financial advice.
Short interest (FINRA)
AMG had 781,318 shares of reported short interest as of the 2026-07-31 FINRA settlement date (delayed, bi-monthly; not real-time).
AMG had 3.02% of its shares outstanding sold short as of the 2026-07-31 FINRA settlement date (percent of FLOAT would be higher — float is not disclosed in the source). FINRA reported 2.7 days to cover at the same settlement.
- Reported short interest (shares) 781,318
- Short interest (% of shares outstanding) 3.02%
- Prior settlement (shares) 883,948
- Reported change -11.61%
- Days to cover (reported) 2.7
Reported to FINRA as of the 2026-07-31 settlement date. Short interest is reported to FINRA and published on a delayed, bi-monthly schedule (as of a settlement date, disseminated roughly eight business days later) — it is NOT real-time, does not cover every venue or all US trading, and is not a short-squeeze prediction or investment advice. Days-to-cover is the value FINRA reports; percent of float is not shown because the source file carries no share-count denominator — where a percent appears it is of shares OUTSTANDING, the larger base, and is therefore a floor on percent of float. Informational only — not financial advice.
Competitors & peers
- BlackRock (BLK)
- Franklin Resources (BEN)
- T. Rowe Price (TROW)
- Invesco (IVZ)
- Janus Henderson (JHG)
AI-enriched competitor set. Linked names are companies covered by stocks-llm; other named peers are shown for reference only.
Compare AMG vs…
Affiliated Managers Group is found in…
Frequently asked questions
What does Affiliated Managers Group (AMG) do?
Affiliated Managers Group is a global asset management company that operates through a partnership model. It provides investment management services by acquiring equity interests in a diverse group of boutique investment firms ("Affiliates") which maintain operational autonomy.
What sector is Affiliated Managers Group (AMG) in?
Affiliated Managers Group (AMG) is classified in the Financials sector. Its industry is asset management. It trades on NYSE.
Does AMG pay a dividend?
Yes — Affiliated Managers Group (AMG) pays a dividend, with an indicated yield of about 0.03% and at least 5 years of non-decreasing per-share dividends (SEC EDGAR XBRL) — we do not hold the year before it, so the real streak may be longer (market data, as of 2026-08-24). Informational only — not financial advice.
Who are Affiliated Managers Group's (AMG) competitors?
Notable peers of Affiliated Managers Group (AMG) include BlackRock, Franklin Resources, T. Rowe Price, Invesco and Janus Henderson. This peer set is informational only — not financial advice.
Is Affiliated Managers Group (AMG) overbought or oversold right now?
Affiliated Managers Group (AMG) is currently neither overbought nor oversold — its 14-day RSI (a 0–100 momentum gauge) is 46, in the neutral middle (as of 2026-08-21). RSI describes recent price momentum, not a forecast — informational only, not financial advice.
Where does stocks-llm's data on AMG come from?
Fundamentals and prices come from market data, as of 2026-08-24; company filings and profile facts come from SEC EDGAR. All figures are delayed daily-close data shown with their as-of date — informational only, not financial advice.
Fundamentals: market data, as of 2026-08-24. Filings: SEC EDGAR. Prices are delayed daily-close data.
Last updated 2026-08-21.
Informational only — NOT financial advice. All figures are delayed daily-close data from SEC EDGAR & market data, shown with their as-of date.