Kovitz Investment Group Partners LLC Sells 5,840 Shares of Ameriprise Financial, Inc. $AMP

Posted by Brenda Bartman on Jun 19th, 2026

Kovitz Investment Group Partners LLC decreased its position in Ameriprise Financial, Inc. (NYSE:AMP – Free Report) by 12.1% during the 4th quarter, according to its most recent disclosure with the SEC. The fund owned 42,354 shares of the financial services provider’s stock after selling 5,840 shares during the period. Kovitz Investment Group Partners LLC’s holdings in Ameriprise Financial were worth $20,768,000 as of its most recent SEC filing.

Several other hedge funds also recently made changes to their positions in AMP. NEOS Investment Management LLC grew its stake in shares of Ameriprise Financial by 45.5% in the third quarter. NEOS Investment Management LLC now owns 12,272 shares of the financial services provider’s stock worth $6,029,000 after purchasing an additional 3,838 shares during the last quarter. Pensionfund Sabic bought a new position in Ameriprise Financial during the 4th quarter valued at approximately $1,471,000. Mitsubishi UFJ Asset Management Co. Ltd. lifted its holdings in Ameriprise Financial by 5.7% in the 4th quarter. Mitsubishi UFJ Asset Management Co. Ltd. now owns 199,258 shares of the financial services provider’s stock worth $98,388,000 after buying an additional 10,782 shares during the period. Aster Capital Management DIFC Ltd lifted its holdings in Ameriprise Financial by 2,600.0% in the 3rd quarter. Aster Capital Management DIFC Ltd now owns 3,483 shares of the financial services provider’s stock worth $1,711,000 after buying an additional 3,354 shares during the period. Finally, KBC Group NV grew its position in shares of Ameriprise Financial by 12.2% in the 4th quarter. KBC Group NV now owns 150,606 shares of the financial services provider’s stock worth $73,848,000 after buying an additional 16,433 shares during the last quarter. 83.95% of the stock is owned by hedge funds and other institutional investors.

Insiders Place Their Bets

In other Ameriprise Financial news, Director Robert Francis Sharpe, Jr. sold 1,200 shares of Ameriprise Financial stock in a transaction that occurred on Friday, May 8th. The shares were sold at an average price of $465.83, for a total value of $558,996.00. Following the completion of the sale, the director owned 6,300 shares of the company’s stock, valued at approximately $2,934,729. The trade was a 16.00% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Also, EVP Gerard P. Smyth sold 6,255 shares of Ameriprise Financial stock in a transaction on Thursday, May 14th. The stock was sold at an average price of $472.52, for a total value of $2,955,612.60. Following the completion of the sale, the executive vice president directly owned 6,103 shares of the company’s stock, valued at $2,883,789.56. The trade was a 50.61% decrease in their position. The disclosure for this sale is available in the SEC filing. 0.60% of the stock is currently owned by company insiders.

Wall Street Analyst Weigh In

AMP has been the topic of several research analyst reports. Morgan Stanley boosted their target price on Ameriprise Financial from $452.00 to $467.00 and gave the company an “underweight” rating in a research note on Thursday, April 30th. Piper Sandler lifted their price target on shares of Ameriprise Financial from $460.00 to $471.00 and gave the company a “neutral” rating in a report on Monday, May 4th. BMO Capital Markets boosted their price objective on shares of Ameriprise Financial from $470.00 to $490.00 and gave the company a “market perform” rating in a research report on Friday, April 24th. Weiss Ratings upgraded shares of Ameriprise Financial from a “hold (c+)” rating to a “buy (b-)” rating in a report on Wednesday. Finally, Keefe, Bruyette & Woods initiated coverage on shares of Ameriprise Financial in a research note on Friday, April 10th. They set a “hold” rating on the stock. One investment analyst has rated the stock with a Strong Buy rating, four have given a Buy rating, five have given a Hold rating and one has issued a Sell rating to the company. According to data from MarketBeat, the company currently has an average rating of “Hold” and an average price target of $543.22.

View Our Latest Research Report on Ameriprise Financial

Ameriprise Financial Price Performance

Shares of AMP stock opened at $467.97 on Friday. The business’s fifty day moving average is $459.83 and its 200 day moving average is $473.31. The company has a quick ratio of 0.66, a current ratio of 0.66 and a debt-to-equity ratio of 0.90. The stock has a market cap of $42.07 billion, a price-to-earnings ratio of 11.64, a PEG ratio of 1.00 and a beta of 1.16. Ameriprise Financial, Inc. has a twelve month low of $422.37 and a twelve month high of $550.18.

Ameriprise Financial (NYSE:AMP – Get Free Report) last issued its quarterly earnings results on Thursday, April 23rd. The financial services provider reported $11.26 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $10.21 by $1.05. Ameriprise Financial had a net margin of 20.57% and a return on equity of 62.88%. The company had revenue of $4.77 billion during the quarter, compared to analysts’ expectations of $4.82 billion. During the same period last year, the company posted $9.50 EPS. Ameriprise Financial’s revenue was up 9.7% on a year-over-year basis. Research analysts expect that Ameriprise Financial, Inc. will post 42.63 EPS for the current fiscal year.

Ameriprise Financial Increases Dividend

The firm also recently announced a quarterly dividend, which was paid on Friday, May 22nd. Shareholders of record on Monday, May 4th were paid a dividend of $1.70 per share. The ex-dividend date was Monday, May 4th. This represents a $6.80 annualized dividend and a yield of 1.5%. This is a positive change from Ameriprise Financial’s previous quarterly dividend of $1.60. Ameriprise Financial’s dividend payout ratio (DPR) is 16.91%.

About Ameriprise Financial

(Free Report)

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.