AllianceBernstein (NYSE:AB) Announces Earnings Results, Misses Expectations By $0.01 EPS

Posted by Geri Gentry on Jul 28th, 2026

AllianceBernstein (NYSE:AB – Get Free Report) issued its quarterly earnings data on Tuesday. The asset manager reported $0.82 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.83 by ($0.01), Zacks reports. AllianceBernstein had a return on equity of 23.11% and a net margin of 6.69%.The business’s revenue for the quarter was up 7.5% on a year-over-year basis. During the same quarter in the previous year, the company earned $0.76 EPS.

AllianceBernstein Stock Performance

Shares of AllianceBernstein stock opened at $37.88 on Tuesday. AllianceBernstein has a one year low of $34.92 and a one year high of $44.11. The company has a market cap of $3.54 billion, a P/E ratio of 11.65, a PEG ratio of 1.19 and a beta of 0.81. The firm has a fifty day moving average of $36.88 and a two-hundred day moving average of $38.34.

Institutional Trading of AllianceBernstein

Several hedge funds and other institutional investors have recently made changes to their positions in the company. NewEdge Advisors LLC raised its holdings in AllianceBernstein by 2.5% during the fourth quarter. NewEdge Advisors LLC now owns 10,849 shares of the asset manager’s stock worth $417,000 after purchasing an additional 264 shares in the last quarter. Creative Planning increased its position in AllianceBernstein by 3.1% during the 3rd quarter. Creative Planning now owns 15,119 shares of the asset manager’s stock worth $578,000 after purchasing an additional 450 shares during the period. Ameriprise Financial Inc. increased its position in AllianceBernstein by 1.5% during the 3rd quarter. Ameriprise Financial Inc. now owns 38,455 shares of the asset manager’s stock worth $1,470,000 after purchasing an additional 566 shares during the period. Mercer Global Advisors Inc. ADV raised its stake in shares of AllianceBernstein by 7.4% during the 3rd quarter. Mercer Global Advisors Inc. ADV now owns 8,397 shares of the asset manager’s stock worth $321,000 after buying an additional 576 shares in the last quarter. Finally, Janney Montgomery Scott LLC lifted its holdings in shares of AllianceBernstein by 0.3% in the 4th quarter. Janney Montgomery Scott LLC now owns 227,323 shares of the asset manager’s stock valued at $8,747,000 after buying an additional 692 shares during the period. Hedge funds and other institutional investors own 19.25% of the company’s stock.

Analyst Ratings Changes

A number of equities research analysts have recently commented on AB shares. Evercore set a $39.00 target price on shares of AllianceBernstein in a report on Friday, July 10th. TD Cowen raised their price target on AllianceBernstein from $37.00 to $38.00 and gave the stock a “hold” rating in a report on Monday, July 20th. Barclays dropped their price target on AllianceBernstein from $40.00 to $39.00 and set an “equal weight” rating on the stock in a research report on Wednesday, April 29th. Weiss Ratings downgraded AllianceBernstein from a “buy (b-)” rating to a “hold (c+)” rating in a research note on Monday, June 29th. Finally, Zacks Research raised AllianceBernstein from a “strong sell” rating to a “hold” rating in a research report on Monday, June 29th. Two research analysts have rated the stock with a Buy rating and five have assigned a Hold rating to the company’s stock. According to data from MarketBeat, the company presently has an average rating of “Hold” and an average price target of $39.50.

Check Out Our Latest Stock Report on AllianceBernstein

About AllianceBernstein

(Get Free Report)

AllianceBernstein is a global investment management firm that offers a broad range of research-driven strategies across equities, fixed income, multi-asset solutions and alternative investments. The firm provides active and quantitative portfolio management, drawing on in-house research capabilities to serve the needs of institutional clients, private wealth investors and intermediaries. Its product lineup encompasses mutual funds, separately managed accounts and customized investment vehicles designed to meet diverse risk-return objectives.

The firm’s roots date back to 1967 with the founding of Sanford C.