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Affiliated Managers Group, Inc. (AMG) stock

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NYSE: AMG NYSE Asset Management & Custody Banks

A Fundamentals grade

Affiliated Managers Group, Inc. is a US-listed company in the asset management & custody banks industry. Its financial year ends in December.

Who’s trading

What company insiders, investment funds and members of Congress have been doing with the stock, from their own filings.

  • Insiders2 buying, 5 selling2 purchases and 5 sales by directors and officers, last 12 monthsInsider trades
  • Funds233 adding, 267 cuttingOf 64 active managers that changed their stake, 28 added; quarter to June 30, 2026Fund buyers and sellers

Value diary

Our note on each quarter Affiliated Managers Group files

Where Affiliated Managers stands after its latest 10-Q

Revenue for the twelve months to June 2026 was $2.27bn, up 11.8% on a year earlier, faster than 4.2% a quarter earlier. The diluted share count is down 8.0% on a year earlier, which lifts each remaining share.

Our model value for Affiliated Managers Group is under review, so past values are not shown until it is resolved.

Source: 10-Q filed August 7, 2026 on SEC EDGAR · Financials · Valuation

Written from the company's filings and our models when each quarter's report arrives. Figures in older notes are as published at the time. Not investment advice.

The Fundamentalytics view

Affiliated Managers Group, Inc.'s trailing-twelve-month revenue grew 11.8% year on year, with a free-cash-flow margin of 46.9%. Where it stands out: stock pay as % of revenue of -2.6% ranks 2 of 40 asset management & custody banks companies we cover.

Current signal Free cash flow diverging from earnings: TTM free cash flow grew 16.7% while net income grew 93.6%: a 77pp divergence.

Assembled from SEC-filed figures — the full workings are on this page and in our methodology. Observations, not recommendations.

Highlights

How we pick these

Strengths

  • Growth speeding up. The growth rate is 7.6 points higher than a quarter earlier.
  • High operating margin. 48.1% of revenue is left as operating profit.
  • Strong cash generation. 46.9% of revenue turned into free cash flow.
  • Shrinking share count. Diluted shares fell 8.0% in a year, so each share owns more of the business.
  • Beating expectations. Earnings per share beat the analysts' consensus estimate in each of the last four quarters.

Things to watch

  • Weakest spot: revenue growth. Revenue growth of 11.8% ranks 27 of 43 asset management & custody banks companies we cover (median 17.2%).

Latest results: FY2026 Q2

Filed August 7, 2026
Earnings per share
$8.29 against an average estimate of $7.92: beat by 4.7%
Revenue
$641m, up 29.9% on a year earlier
Share reaction
+1.8% in the first session after the results on July 30, 2026, against +2.4% for the S&P 500
Next report
November 2, 2026; average EPS estimate $8.79

Affiliated Managers Group's figures from its SEC filings and results release; estimates are the analysts' average. Not a recommendation.

Price chart

  • 1 day+0.2%
  • 1 week-5.3%
  • 1 month-0.0%
  • This year+28.5%
  • 1 year+44.7%
  • 5 years+100.0%
  • S&P 500 this year+11.2%

Closing prices to 2026-11-02. Price change only, dividends excluded.

Loading chart…

Third-party market data · may be delayed

At a glance

Trailing twelve months, from SEC filings

Profitability

Revenue (TTM)
$2.3B
Net margin
37.7%
EPS (TTM, diluted)
$27.98

Growth

Revenue growth
+11.8%
Change in growth rate
+7.6 pts
Share count change
−8.0%

Earnings

Last results
July 30, 2026

News & updates

Updated October 31, 2026

Company announcements, filed results and changes that matter to shareholders.

  1. Results

Refreshed hourly when new source data is available. Summaries are checked against company releases and SEC filings. Company announcement headlines are labelled when a checked summary is unavailable.

Valuation

Affiliated Managers Group, Inc. valuation models and calculator

No model value for Affiliated Managers Group, Inc. at the moment. Current status: valuation models disagree too widely to rate. Available reported financials are shown below.

Fundamentalytics rating

model v1.6 · 2026-11-03

Not rated: valuation models disagree too widely to rate: held for review.

The inputs used by the models below have passed source checks. Individual model values are available below and in the interactive valuator. Their differences are shown explicitly; the platform combined value and recommendation remain withheld.

Valuation models

We value Affiliated Managers Group, Inc. as an asset manager, broker or exchange, with every model that fits that kind of business. Cost of equity 9%: the 10-year Treasury yield (4.9%) plus a beta of 0.91 times a 4.5% equity risk premium.

Value per share by model
Model Value per share In the combined value?
Forward price-to-earnings vs peers Next year's consensus earnings per share times peers' typical (harmonic-mean) forward price-to-earnings. Uses analysts' consensus estimates (third-party data), not our forecasts. ~$290 ~$250–$390 Primary model, counts double
Residual income Book value plus the present value of returns above the cost of equity, fading over ten years. ~$600 ~$420–$890 Included
Justified price-to-book Book value times (return on equity - growth) / (cost of equity - growth): steady-state returns. ~$390 ~$330–$460 Included
Price-to-book vs peers Book value per share times peers' typical (harmonic-mean) price-to-book. ~$170 ~$170–$480 Included
Dividend discount (two-stage) Dividends for five years at the growth the business can fund, then a steady payout and growth. ~$390 ~$320–$490 Included
Combined value Individual source-checked model scenarios are available. The platform combined value and recommendation remain withheld. — Combined value withheld. Review the individual models and their assumptions.

Different models fail in different ways, so where several apply we average them rather than trust one. Peer-based models compare Affiliated Managers Group, Inc. with asset managers in our coverage, using third-party market data. Model values are estimates under stated assumptions, updated as new filings arrive; not price targets or investment advice. How each model works.

Moat

68 /100

Moderate moat

How hard Affiliated Managers Group's competitive advantage looks for rivals to wear away, judged from 10 years of its own filings: returns on capital, pricing power, profit durability, cash conversion and discipline.

  • Returns on capital 20 / 20

    Net income has been a median 5.7% of total assets over 10 years.

  • Durability 7 / 20

    Net margin has been a median 21.8%; its worst year was -5.2%.

  • Discipline 17 / 20

    The diluted share count fell 32.6% over five years; stock-based pay has been a median 4.1% of revenue.

AI disruption exposure: Medium. In this industry, AI could change how the product is made or sold, without replacing the core asset. The score above includes a 5-point deduction for that exposure (74 before it).

A rules-based reading of reported figures, not a forecast and not investment advice. How the score is built: methodology.

Forecasts and guidance

Analysts' consensus

Fiscal yearEPSGrowthRevenueGrowth
Current $37.19 +43% $2.5bn +20%
Next $32.50 +17% $2.7bn +8%

Next year's EPS estimate has moved +15.2% in 90 days, across 3 analysts.

How the EPS forecast has moved

The consensus EPS forecast for the current fiscal year is +2.9% on 90 days ago. In the last 30 days, 2 analysts raised Affiliated Managers Group, Inc.'s forecast and 0 cut it.

Consensus EPS forecast Affiliated Managers Group, Inc., last 90 days
$25.00 $30.00 $35.00 $40.00 90 days ago 60 days ago 30 days ago 7 days ago Now Current fiscal year, 90 days ago: $36.16 Current fiscal year, 60 days ago: $36.98 Current fiscal year, 30 days ago: $36.98 Current fiscal year, 7 days ago: $37.11 Current fiscal year, Now: $37.19 $37.19 Next fiscal year, 90 days ago: $28.22 Next fiscal year, 60 days ago: $30.59 Next fiscal year, 30 days ago: $32.37 Next fiscal year, 7 days ago: $32.37 Next fiscal year, Now: $32.50 $32.50

Average of analysts' published estimates (third-party data).

View chart data
Period Current fiscal yearNext fiscal year
90 days ago $36.16$28.22
60 days ago $36.98$30.59
30 days ago $36.98$32.37
7 days ago $37.11$32.37
Now $37.19$32.50

Earnings against estimates

Quarter toEstimateActualSurprise
Jun 2026 $7.92 $8.29 +4.7%
Mar 2026 $8.07 $8.23 +1.9%
Dec 2025 $8.84 $9.48 +7.3%
Sept 2025 $5.88 $6.10 +3.7%

Adjusted EPS as companies report it, against the average analyst estimate.

Management guidance

Earnings release, July 30, 2026

No numeric guidance in Affiliated Managers Group, Inc.'s latest earnings release (filed July 30, 2026). Some companies give their outlook only on the earnings call.

Analyst recommendations

7 analysts, Oct 2026
Buy686%
Hold114%
Sell00%

Monthly trend

  1. Oct 20261517
  2. Sep 20261517
  3. Aug 20261517
  4. Jul 20261517

Counts of recommendations published by analysts covering Affiliated Managers Group, Inc., by month. Source: Aggregated broker recommendations (third-party data). Aggregated counts only: we do not reproduce any firm's recommendation or price target, and these are not Fundamentalytics ratings.

Positioning

Short interest
4.9%
of tradable shares
Days to cover
3.08
at average volume
Short interest, 1 month
−9%
to October 15, 2026
Held by institutions
—
of shares
Held by insiders
4.2%
of shares
Employees
5,600
full time

Consensus figures average analysts' published estimates (third-party data); guidance is the company's own. Neither is our forecast. Short interest is reported twice a month and lags. Market data may be delayed.

This section is general information, not investment advice or a personal recommendation, and it does not take account of your objectives or circumstances. Forecasts and guidance are estimates, not promises: companies miss their own guidance and analysts' figures are often revised. Prices can fall as well as rise, and you can lose money. See our disclaimer.

Share-price performance

Market data may be delayed

What moved the share price

Last 12 months +55.7%

$237.93 on October 31, 2025 to $370.39

ThenNowEffect
Revenue (last 12 months) $2.0bn $2.3bn +11.8%
Net margin 21.8% 37.7% +73.1%
P/E multiple 17.9x 13.2x −26.0%
Share count 33m 31m +8.7%

Biggest factor: net margin.

Last 3 years +189.6%

$127.90 on November 3, 2023 to $370.39

ThenNowEffect
Revenue (last 12 months) $2.1bn $2.3bn +5.7%
Net margin 53.5% 37.7% −29.6%
P/E multiple 5.2x 13.2x +155.2%
Share count 47m 31m +52.5%

Biggest factor: p/e multiple.

The effects multiply back to the price change exactly. Results are the last 12 months as known on each date (filings assumed public 45 days after quarter end).

Return and risk by year

Calendar year 202120222023202420252026 to date
Return
AMG+62%−4%−4%+22%+56%+29%
Industry peers (median)+33%−17%+19%+15%−4%−6%
S&P 500+29%−18%+26%+25%+18%+11%
Months that ended higher
AMG75%50%42%50%67%64%
S&P 50075%42%67%75%75%46%
Largest fall from a high during the year
AMG−19%−33%−31%−14%−24%−20%
S&P 500−5%−25%−10%−8%−19%−9%

Worst fall since November 2, 2015: 79% from January 26, 2018 to March 23, 2020. Getting back needed a 366% gain, reached on July 17, 2025, 1942 days after the low.

Price behaviour

52-week range
$250.44 – $399.02
From 52-week high
−7.2%
vs 50-day average
−0.4%
vs 200-day average
+11.3%
Volatility (1 year)
33%
Beta vs S&P 500
0.99

Volatility is the annualised standard deviation of daily returns. Beta 1.5 means the shares typically moved 1.5% for each 1% move in the S&P 500 over the past year. Prices to November 2, 2026.

Share price after results

Next day
8 up, 4 down
typical move ±3.5%
After a week
6 up, 6 down
typical move ±4.6%
After a month
7 up, 5 down
typical move ±6.7%
Results releasedNext dayS&P 500 next day5 days21 days
July 30, 2026 +1.8% +2.4% +3.4% +3.0%
May 1, 2026 +1.0% −0.1% +2.8% +5.4%
February 12, 2026 +7.0% −1.5% −6.6% −11.4%
November 3, 2025 +5.7% −1.0% +9.1% +14.1%
July 31, 2025 −1.6% −2.0% −0.4% +6.8%
May 8, 2025 +2.3% +0.6% +3.3% +4.4%
February 6, 2025 −2.1% −0.6% −7.6% −15.2%
November 4, 2024 −8.3% +1.0% −3.5% −4.0%
July 29, 2024 +4.4% −0.4% −9.2% −2.2%
May 6, 2024 −3.0% +1.1% −2.3% −1.2%
February 5, 2024 +3.0% −0.1% +5.0% +6.2%
November 6, 2023 +1.7% +0.5% +2.0% +6.7%

From the close before the release date to the close 1, 5 and 21 trading days after it, so releases before the open and after the close are both captured. Past moves don't predict future ones.

Affiliated Managers Group, Inc. in five measures

Fundamentals grade A
Growth Profitability Cash Balance sheet

Growth, profitability, cash generation and balance sheet are percentiles against the companies we cover in the same industry, from SEC filings (100 = best). Value compares the share price with our modelled value range (50 = at our base value; higher = cheaper). A description of reported data and our model — not a quality score or advice.

Fundamentals

Revenue (TTM) Affiliated Managers Group, Inc.
$2B $2.1B $2.2B $2.3B FY23 Q3 FY24 Q2 FY25 Q1 FY26 Q2 Revenue (TTM), FY23 Q3: $2.1B Revenue (TTM), FY23 Q4: $2.1B Revenue (TTM), FY24 Q1: $2B Revenue (TTM), FY24 Q2: $2B Revenue (TTM), FY24 Q3: $2B Revenue (TTM), FY24 Q4: $2B Revenue (TTM), FY25 Q1: $2B Revenue (TTM), FY25 Q2: $2B Revenue (TTM), FY25 Q3: $2B Revenue (TTM), FY25 Q4: $2.1B Revenue (TTM), FY26 Q1: $2.1B Revenue (TTM), FY26 Q2: $2.3B $2.3B

Source: SEC EDGAR filings. Retrieved October 20, 2026.

View chart data
Period Revenue (TTM)
FY23 Q3 $2.1B
FY23 Q4 $2.1B
FY24 Q1 $2B
FY24 Q2 $2B
FY24 Q3 $2B
FY24 Q4 $2B
FY25 Q1 $2B
FY25 Q2 $2B
FY25 Q3 $2B
FY25 Q4 $2.1B
FY26 Q1 $2.1B
FY26 Q2 $2.3B
Revenue growth, TTM YoY Affiliated Managers Group, Inc.
-20% -10% 0% 10% 20% FY23 Q3 FY24 Q2 FY25 Q1 FY26 Q2 Revenue growth, TTM YoY, FY23 Q3: -15.6% Revenue growth, TTM YoY, FY23 Q4: -11.7% Revenue growth, TTM YoY, FY24 Q1: -8.9% Revenue growth, TTM YoY, FY24 Q2: -5.6% Revenue growth, TTM YoY, FY24 Q3: -3.6% Revenue growth, TTM YoY, FY24 Q4: -0.8% Revenue growth, TTM YoY, FY25 Q1: -0.1% Revenue growth, TTM YoY, FY25 Q2: 0.1% Revenue growth, TTM YoY, FY25 Q3: 1.1% Revenue growth, TTM YoY, FY25 Q4: 1.6% Revenue growth, TTM YoY, FY26 Q1: 4.2% Revenue growth, TTM YoY, FY26 Q2: 11.8% 11.8%

Source: SEC EDGAR filings. Retrieved October 20, 2026.

View chart data
Period Revenue growth, TTM YoY
FY23 Q3 -15.6%
FY23 Q4 -11.7%
FY24 Q1 -8.9%
FY24 Q2 -5.6%
FY24 Q3 -3.6%
FY24 Q4 -0.8%
FY25 Q1 -0.1%
FY25 Q2 0.1%
FY25 Q3 1.1%
FY25 Q4 1.6%
FY26 Q1 4.2%
FY26 Q2 11.8%
FCF margin (TTM) Affiliated Managers Group, Inc.
40% 45% 50% FY23 Q3 FY24 Q2 FY25 Q1 FY26 Q2 FCF margin (TTM), FY23 Q3: 41.4% FCF margin (TTM), FY23 Q4: 41.9% FCF margin (TTM), FY24 Q1: 41.0% FCF margin (TTM), FY24 Q2: 49.0% FCF margin (TTM), FY24 Q3: 47.9% FCF margin (TTM), FY24 Q4: 45.5% FCF margin (TTM), FY25 Q1: 45.5% FCF margin (TTM), FY25 Q2: 44.9% FCF margin (TTM), FY25 Q3: 45.2% FCF margin (TTM), FY25 Q4: 46.6% FCF margin (TTM), FY26 Q1: 49.7% FCF margin (TTM), FY26 Q2: 46.9% 46.9%

Source: SEC EDGAR filings. Retrieved October 20, 2026.

View chart data
Period FCF margin (TTM)
FY23 Q3 41.4%
FY23 Q4 41.9%
FY24 Q1 41.0%
FY24 Q2 49.0%
FY24 Q3 47.9%
FY24 Q4 45.5%
FY25 Q1 45.5%
FY25 Q2 44.9%
FY25 Q3 45.2%
FY25 Q4 46.6%
FY26 Q1 49.7%
FY26 Q2 46.9%

Data: SEC EDGAR XBRL company facts (as filed in 10-K/10-Q); forms 10-K, 10-Q. Generated November 3, 2026. Definitions in our methodology.

Financial statements

US$ millions unless shown otherwise. Fiscal years, plus the last twelve months (LTM) when newer.

Fiscal year 2016 Dec 2016 2017 Dec 2017 2018 Dec 2018 2019 Dec 2019 2020 Dec 2020 2021 Dec 2021 2022 Dec 2022 2023 Dec 2023 2024 Dec 2024 2025 Dec 2025 LTM Jun 2026
Income
Revenue 2,195 2,305 2,378 2,240 2,028 2,412 2,330 2,058 2,041 2,074 2,270
Operating income 1,034 1,108 — — — — — — — — —
Net income 473 690 244 16 202 566 1,146 673 512 717 856
Diluted EPS $8.57 $12.03 $4.52 $0.31 $4.33 $13.05 $25.35 $17.42 $15.13 $22.74 $27.98
Growth (year on year)
Revenue — +5.0% +3.2% −5.8% −9.5% +19.0% −3.4% −11.7% −0.8% +1.6% +11.8%
Operating income — +7.1% — — — — — — — — —
Net income — +45.8% −64.7% −93.6% — +179.8% +102.6% −41.3% −24.0% +40.1% +93.6%
Diluted EPS — +40.4% −62.4% −93.1% — +201.4% +94.3% −31.3% −13.1% +50.3% +110.3%
Margins
Operating margin 47.1% 48.1% — — — — — — — — —
Net margin 21.5% 29.9% 10.2% 0.7% 10.0% 23.4% 49.2% 32.7% 25.1% 34.5% 37.7%
Free-cash-flow margin 46.9% 50.0% 47.2% 41.1% 49.4% 51.8% 44.8% 41.9% 45.5% 46.6% 46.9%
Cash flow
Cash from operations 1,050 1,170 1,141 929 1,009 1,259 1,055 874 932 973 1,072
Capital spending 20 19 19 10 9 8 11 12 3 6 7
Free cash flow 1,030 1,152 1,122 920 1,001 1,251 1,043 862 929 967 1,065
Stock-based pay 39 40 45 90 119 127 114 112 112 59 −60
Free cash flow after stock pay 991 1,112 1,077 829 882 1,124 930 750 817 908 1,125
Balance sheet
Cash 431 440 566 540 1,040 909 429 814 950 586 411
Total debt 869 809 1,830 1,794 2,312 2,490 2,535 2,538 2,620 2,729 3,038
Net debt (negative = net cash) 438 370 1,264 1,254 1,272 1,582 2,106 1,724 1,670 2,143 2,627
Diluted shares 57m 59m 54m 51m 47m 45m 49m 42m 36m 33m 31m
Returned to shareholders
Dividends 0 45 64 65 17 2 2 2 1 1 —
Buybacks 33 351 496 356 335 595 714 342 710 706 794
Total returned 33 396 561 421 352 597 715 343 711 707 794

Source: SEC EDGAR XBRL company facts (US and foreign periodic filings); column headings link to the filing. EBITDA is operating income plus depreciation and amortisation. Free cash flow is cash from operations minus capital spending. Growth is left blank when last year's figure was a loss or under 2% of revenue. Share counts and EPS are restated for stock splits. A dash means the company didn't report the figure.

Dividends, buybacks and capital spending

FY2026 Q2 TTM
Buybacks (TTM)
$794M
Dividends (TTM)
$1M
Returned to shareholders
73%
of free cash flow
Buybacks, last 3 fiscal years
$1.8B
Diluted share count
−8.0%
year over year
Total shareholder yield
8.0%
dividends 0.0% + buybacks 8.0% of market value
Dividend payout ratio
0%
of net income paid out
Sales & admin spending
19.1%
of revenue

Competitors: side by side with peers

Closest by revenue in asset management & custody banks
Last 12 months unless stated AMG SEIC STEP FHI OWL VCTR Median
Revenue, last 12 months $2.3bn $2.5bn $2.0bn $2.0bn $3.1bn $1.6bn $858m
Revenue growth, last 12 months 11.8% 12.8% 48.5% 13.2% 11.8% 51.5% 17.2%
Revenue growth, 3-year average 1.9% 10.2% 120.4% 7.4% 23.4% 24.2% 10.2%
Revenue growth, latest quarter 29.9% 14.4% 4.0% 8.1% 10.8% 24.0% 14.4%
Operating margin 48.1% 29.4% — 27.8% — 41.3% 25.8%
Operating margin, 3-year average — 27.1% — 26.0% — 41.5% 18.8%
Net margin 37.7% 28.1% −30.5% 21.3% 3.1% 29.6% 15.2%
Cash from operations / revenue 47.2% 27.3% −21.8% 20.5% 50.7% 36.4% 26.4%
Free-cash-flow margin 46.9% 26.3% −21.9% 19.6% 49.0% 36.2% 21.9%
Free-cash-flow margin, 3-year average 46.9% 26.5% 0.6% 18.6% 44.2% 33.7% 17.6%
Stock pay / revenue −2.6% 2.3% 90.9% 1.5% 24.0% 2.2% 3.7%
Change in share count −8.0% −3.8% 9.0% −5.1% — −1.7% −0.2%

Median of all 43 companies we cover in asset management & custody banks. Shaded: best of the six on that line (lowest for stock pay and share-count growth). 3-year figures average the last three 12-month periods; 3-year growth is compound annual. Source: SEC filings.

Peer comparison

43 asset management & custody banks companies
Measure Company Peer median Rank
Revenue growth Growth 11.8% 17.2% 27 of 43
Change in growth rate Growth +7.6pp +1.0pp 12 of 43
Net margin Profitability 37.7% 15.2% 3 of 43
Stock pay as % of revenue Cash generation -2.6% 4.3% 2 of 40
Change in share count Balance sheet -8.0% -0.3% 2 of 33

Rank 1 = best in the group (for spending, debt and dilution, lower ranks first).

Where the revenue comes from

Fiscal year to December 31, 2025
Geography
Region Revenue Share YoY
United States $1.5B 71.7% ▲ 0.1%
United Kingdom $527M 25.4% ▲ 5.3%
OTHER $60.5M 2.9% ▲ 9.6%

From Affiliated Managers Group, Inc.'s 10-K filed February 17, 2026, as tagged in the filing. View filing. Indented rows are part of the line above; their share is of that line. In the bars, the faint bar behind is the year before.

Who owns it

Funds buying and selling
Reported value
$8.5B
Institutions reporting
563
Shares held vs prior quarter
▲ 1.7%
Positions opened / closed
74 / 52

Top buyers and sellers, Q2 2026: 233 institutions bought and 267 sold ; the biggest buyer was Millennium Management LLC (+870K shares) and the biggest seller Morgan Stanley (−245K). See which funds bought and sold →

Largest reported holders, June 30, 2026
Manager Value Shares Share of 13F value Shares QoQ
Blackrock, Inc. $938M 2.8M 11.0% ▼ 3.3%
Morgan Stanley $503M 1.5M 5.9% ▼ 14.2%
Vanguard Portfolio Management LLC $471M 1.4M 5.5% ▲ 2.4%
Vanguard Capital Management LLC $390M 1.2M 4.6% ▼ 2.0%
Boston Partners $339M 1.0M 4.0% ▲ 3.2%
Ariel Investments, LLC $338M 1000K 4.0% ▼ 6.0%
State Street Corp $299M 883K 3.5% ▼ 4.7%
Millennium Management LLC $296M 875K 3.5% ▲ 16202.5%
Fuller & Thaler Asset Management, Inc. $290M 858K 3.4% ▲ 12.8%
Dimensional Fund Advisors LP $227M 670K 2.7% ▼ 6.7%
Geode Capital Management, LLC $200M 591K 2.3% ▼ 7.1%
LSV Asset Management $181M 534K 2.1% ▲ 11.9%

From Form 13F filings with the SEC ( quarterly data sets), as reported by each manager for June 30, 2026 and filed up to 45 days later. 13F reports cover long US-listed positions of managers above $100M only, so this is not Affiliated Managers Group, Inc.'s complete shareholder register. Values are as reported by the filers ; 1 inconsistently scaled filing rows were excluded.

Insider trading activity

Full insider history and chart
Insider purchases History → $687,405 2 trades by 2 insiders, last 12 months Insider sales History → $10.2M 5 trades by 5 insiders · 0% under pre-set plans
Net ▼ $9.5M net selling
Insider Date Trade Shares Price Value
Horgen Jay C. President and CEO June 8, 2026 Sell 17,500 $338.27 $5.9M
Franqui Annette Director June 1, 2026 Buy 750 $304.88 $228,660
Matos Rodriguez Felix V. Director May 8, 2026 Sell 1,000 $300.18 $300,180
Cates G. Staley Director May 6, 2026 Buy 1,500 $305.83 $458,745
Ryan David Christopher Director May 6, 2026 Sell 3,402 $305.06 $1M
Padiyar Kavita General Counsel & Corp. Sec. March 9, 2026 Sell 2,200 $278.24 $612,128
Wojcik Thomas M President and COO March 6, 2026 Sell 8,000 $286.30 $2.3M

From insiders' Form 4 filings with the SEC. Excludes awards, option exercises and shares withheld for tax. "Pre-set plan" means the filing marks the trade as made under a Rule 10b5-1 plan. See every insider trade since five years ago, on a price chart.

Trades by members of Congress

All 11 trades and filings

No trades in Affiliated Managers Group, Inc. disclosed in the last 12 months; 11 earlier trades on record.

  • Dean Phillips(D-MN 3):Sale (full), $1,001 - $15,000, traded April 2, 2020, filed May 7, 2020
  • Gilbert Ray Cisneros, Jr.(D-CA 39):Sale (full), $1,001 - $15,000, traded March 18, 2020, filed April 16, 2020
  • Gilbert Ray Cisneros, Jr.(D-CA 39):Purchase, $1,001 - $15,000, traded August 14, 2019, filed September 11, 2019

Value ranges as filed; reports can arrive up to 45 days after a trade.

Earnings dates and SEC filings

Results announcements

Next expected around October 30, 2026 estimated from the company's past filing pattern, not announced

  • July 30, 2026
  • May 1, 2026
  • February 12, 2026
  • November 3, 2025
  • July 31, 2025
  • May 8, 2025

Recent SEC filings

Data status

When each part of this page on Affiliated Managers Group, Inc. was last updated.

DataLast updatedSource
Share priceExchange closing prices
Financial statementsSEC 10-K and 10-Q filings
News and updatesCompany releases and SEC 8-K filings
Analyst estimatesAggregated analyst estimates
Valuation and scoresOur models, from the filed figures

How we build and check these figures: methodology and data sources.

Affiliated Managers Group, Inc. in brief

What does Affiliated Managers Group, Inc. do?
Affiliated Managers Group, Inc. is a US-listed company in the asset management & custody banks industry. Its financial year ends in December.
What is Affiliated Managers Group, Inc.'s stock ticker?
Affiliated Managers Group, Inc. trades under the ticker AMG on NYSE. This page brings together its financial statements, valuation models, ownership and recent company updates.
What is Affiliated Managers Group, Inc.'s revenue, and how fast is it growing?
Over its most recent trailing twelve months, Affiliated Managers Group, Inc. reported revenue of $2.3B, 11.8% higher than a year earlier, according to its SEC filings.
What is Affiliated Managers Group, Inc.'s free cash flow?
Affiliated Managers Group, Inc.'s free-cash-flow margin is 46.9% of revenue over the trailing twelve months.
Who are Affiliated Managers Group, Inc.'s largest institutional shareholders?
By value reported in 13F filings for June 30, 2026, the largest reported holders are Blackrock, Inc., Morgan Stanley and Vanguard Portfolio Management LLC. 13F reports cover long US-listed positions of managers above $100M, filed up to 45 days after quarter end.
Is Affiliated Managers Group, Inc. buying back stock, and does it pay a dividend?
Affiliated Managers Group, Inc. spent $794M on share repurchases over the trailing twelve months, and its diluted share count fell 8.0% over the year.
What is Affiliated Managers Group, Inc.'s market cap?
On November 2, 2026, Affiliated Managers Group, Inc.'s market capitalisation was about $11.3B, with a price-to-earnings ratio of 13.2 and net debt of $2.6B. Market figures come from third-party market data and may be delayed.
Does Affiliated Managers Group, Inc. pay a dividend?
Yes: Affiliated Managers Group, Inc. paid $1M in dividends over the trailing twelve months, a dividend yield of 0.01% and a payout ratio of 0.1%.
Who are Affiliated Managers Group, Inc.'s competitors?
In our Asset Management & Custody Banks peer group, the companies closest to Affiliated Managers Group, Inc. are SEI Investments Co, Stepstone Group Inc., Federated Hermes, Inc., Blue OWL Capital Inc. and Victory Capital Holdings, Inc. The side-by-side comparison below sets their revenue, margins and growth against Affiliated Managers Group, Inc.'s.
Are insiders buying or selling Affiliated Managers Group, Inc. stock?
Over the last 12 months, Affiliated Managers Group, Inc.'s directors and officers reported 2 open-market purchases and 5 sales on Form 4. The insider trading page charts every trade.