Ameriprise Financial, Inc. $AMP Shares Acquired by Kerusso Capital Management LLC

Kerusso Capital Management LLC lifted its holdings in shares of Ameriprise Financial, Inc. (NYSE:AMP) by 37.0% in the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm owned 8,780 shares of the financial services provider’s stock after buying an additional 2,373 shares during the period. Ameriprise Financial makes up about 2.0% of Kerusso Capital Management LLC’s investment portfolio, making the stock its 23rd largest holding. Kerusso Capital Management LLC’s holdings in Ameriprise Financial were worth $4,305,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors have also made changes to their positions in AMP. M&T Bank Corp boosted its position in shares of Ameriprise Financial by 1,440.2% during the fourth quarter. M&T Bank Corp now owns 466,151 shares of the financial services provider’s stock worth $228,572,000 after buying an additional 435,885 shares during the period. Qube Research & Technologies Ltd boosted its position in shares of Ameriprise Financial by 140.5% during the third quarter. Qube Research & Technologies Ltd now owns 471,867 shares of the financial services provider’s stock worth $231,805,000 after buying an additional 275,659 shares during the period. Man Group plc lifted its position in Ameriprise Financial by 687.4% in the third quarter. Man Group plc now owns 276,822 shares of the financial services provider’s stock worth $135,989,000 after purchasing an additional 241,665 shares during the period. Federated Hermes Inc. lifted its position in Ameriprise Financial by 29.3% in the third quarter. Federated Hermes Inc. now owns 966,163 shares of the financial services provider’s stock worth $474,628,000 after purchasing an additional 219,080 shares during the period. Finally, Close Asset Management Ltd lifted its position in Ameriprise Financial by 78.2% in the third quarter. Close Asset Management Ltd now owns 463,149 shares of the financial services provider’s stock worth $227,652,000 after purchasing an additional 203,252 shares during the period. 83.95% of the stock is currently owned by institutional investors and hedge funds.

Ameriprise Financial News Roundup

Here are the key news stories impacting Ameriprise Financial this week:

• Positive Sentiment: Q1 EPS materially beat expectations (reported $11.26 vs. ~ $10.20–$10.60 consensus), signaling strong profitability and driving investor interest. Ameriprise Financial Services (AMP) Tops Q1 Earnings and Revenue Estimates
• Positive Sentiment: The board approved a 6% increase in the regular quarterly dividend to $1.70 per share (payable May 22), which supports income investors and signals confidence in cash flow. Ameriprise Financial Increases Regular Quarterly Dividend 6 Percent
• Positive Sentiment: Media coverage highlighting client satisfaction and Ameriprise’s charitable work frames the business as undervalued relative to service quality and long-term client retention — a supportive narrative for investors looking past short-term noise. Ameriprise Charitable Honors And Client Satisfaction Contrast With Undervalued Shares
• Neutral Sentiment: Company press release and slide deck provide full Q1 detail: strong margins and ROE (net margin ~19.3%, ROE ~63%), but mixed top-line signals — useful for analysts and investors digging into segment performance. View Press Release
• Neutral Sentiment: Analyst consensus remains conservative (consensus rating noted as “Hold”), suggesting limited near-term upside from analyst revisions despite the EPS beat. Ameriprise Financial, Inc. (NYSE:AMP) Receives Consensus Rating of “Hold” from Analysts
• Negative Sentiment: Revenue missed some analyst estimates (reported ~$4.77B vs. ~ $4.82B consensus in some reports), which likely drove profit-taking and caution among investors focused on growth and AUM-related fees. Compared to Estimates, Ameriprise (AMP) Q1 Earnings: A Look at Key Metrics

Ameriprise Financial Price Performance

NYSE AMP opened at $459.69 on Friday. The stock has a market capitalization of $41.91 billion, a P/E ratio of 12.64, a P/E/G ratio of 1.15 and a beta of 1.27. Ameriprise Financial, Inc. has a 1 year low of $422.37 and a 1 year high of $550.18. The business’s fifty day moving average is $454.74 and its two-hundred day moving average is $474.78. The company has a debt-to-equity ratio of 0.86, a quick ratio of 0.68 and a current ratio of 0.68.

Ameriprise Financial (NYSE:AMP) last posted its quarterly earnings results on Thursday, April 23rd. The financial services provider reported $11.26 earnings per share (EPS) for the quarter, beating the consensus estimate of $10.21 by $1.05. The company had revenue of $4.77 billion for the quarter, compared to analysts’ expectations of $4.82 billion. Ameriprise Financial had a return on equity of 63.04% and a net margin of 19.28%.The firm’s revenue was up 9.7% on a year-over-year basis. During the same quarter in the prior year, the company earned $9.50 earnings per share. On average, research analysts forecast that Ameriprise Financial, Inc. will post 41.06 earnings per share for the current fiscal year.

Ameriprise Financial Increases Dividend

The business also recently declared a quarterly dividend, which will be paid on Friday, May 22nd. Shareholders of record on Monday, May 4th will be issued a $1.70 dividend. This is an increase from Ameriprise Financial’s previous quarterly dividend of $1.60. This represents a $6.80 annualized dividend and a dividend yield of 1.5%. The ex-dividend date of this dividend is Monday, May 4th. Ameriprise Financial’s dividend payout ratio is currently 17.60%.

Insider Buying and Selling at Ameriprise Financial

In other Ameriprise Financial news, insider Gumer Alvero sold 4,658 shares of the business’s stock in a transaction on Monday, February 9th. The shares were sold at an average price of $542.88, for a total transaction of $2,528,735.04. Following the sale, the insider directly owned 4,621 shares of the company’s stock, valued at $2,508,648.48. The trade was a 50.20% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through this hyperlink. Also, CFO Walter Stanley Berman sold 7,000 shares of the business’s stock in a transaction on Thursday, February 5th. The shares were sold at an average price of $544.22, for a total transaction of $3,809,540.00. Following the sale, the chief financial officer directly owned 5,609 shares in the company, valued at approximately $3,052,529.98. This trade represents a 55.52% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Over the last 90 days, insiders have sold 16,658 shares of company stock valued at $8,998,675. Corporate insiders own 0.60% of the company’s stock.

Analysts Set New Price Targets

A number of equities research analysts have weighed in on AMP shares. Jefferies Financial Group upped their target price on Ameriprise Financial from $600.00 to $620.00 and gave the stock a “buy” rating in a research report on Monday, February 2nd. Piper Sandler cut their target price on Ameriprise Financial from $530.00 to $460.00 and set a “hold” rating for the company in a research report on Tuesday, April 7th. Weiss Ratings restated a “buy (b-)” rating on shares of Ameriprise Financial in a research report on Monday, December 29th. Keefe, Bruyette & Woods started coverage on Ameriprise Financial in a research report on Friday, April 10th. They issued a “hold” rating for the company. Finally, Raymond James Financial set a $582.00 target price on Ameriprise Financial and gave the stock a “strong-buy” rating in a research report on Wednesday, February 11th. One research analyst has rated the stock with a Strong Buy rating, four have given a Buy rating, five have issued a Hold rating and one has issued a Sell rating to the company. According to data from MarketBeat.com, the stock has a consensus rating of “Hold” and an average price target of $544.22.

Ameriprise Financial Profile

Ameriprise Financial, Inc is a diversified financial services company headquartered in Minneapolis, Minnesota. The firm provides a range of advice-based wealth management, asset management and insurance products to individual and institutional clients. Its business model centers on delivering financial planning and investment advice through a network of financial advisors alongside proprietary product offerings designed to meet retirement, protection and accumulation needs.

Core products and services include comprehensive financial planning and advisory services, managed investment portfolios, retirement planning solutions, annuities and life insurance products.