Andersen Group (NYSE:ANDG) Reaches New 1-Year High Following Better-Than-Expected Earnings

Posted by George Bondi on Aug 14th, 2026

Andersen Group Inc. (NYSE:ANDG – Get Free Report)’s stock price hit a new 52-week high during mid-day trading on Wednesday following a stronger than expected earnings report. The stock traded as high as $50.76 and last traded at $50.48, with a volume of 312760 shares traded. The stock had previously closed at $48.47.

The company reported ($0.09) earnings per share for the quarter, topping analysts’ consensus estimates of ($0.16) by $0.07. The business had revenue of $217.66 million during the quarter.

Andersen Group News Roundup

Here are the key news stories impacting Andersen Group this week:

Positive Sentiment: Strong Q2 performance: Andersen reported record second-quarter revenue of $217.66 million and an adjusted loss of $0.09 per share, $0.07 better than analysts’ expected loss of $0.16. The earnings beat supports investor confidence in the company’s execution. Andersen Group quarterly earnings report
Positive Sentiment: Full-year outlook reaffirmed: Management maintained its 2026 revenue forecast of $980 million to $1 billion and adjusted EBITDA margin target of 22% to 23%, providing continued visibility despite slower inorganic revenue growth. Andersen reaffirms 2026 guidance
Positive Sentiment: Analyst targets increased: Robert W. Baird raised its price target from $44 to $57 and kept an “outperform” rating, while Truist lifted its target from $42 to $55 and maintained a “buy” rating. The upgrades suggest analysts see further upside after the earnings release. Analyst price-target changes The Fly analyst coverage
Neutral Sentiment: Mixed analyst signal: Wells Fargo raised its target from $38 to $49 but retained an “equal weight” rating, indicating that the firm views the shares as broadly fairly valued at current levels. Wells Fargo Andersen Group coverage

Analyst Upgrades and Downgrades

A number of equities research analysts have issued reports on ANDG shares. Morgan Stanley increased their price objective on shares of Andersen Group from $27.00 to $54.00 and gave the company an “equal weight” rating in a report on Thursday. Truist Financial boosted their target price on shares of Andersen Group from $42.00 to $55.00 and gave the stock a “buy” rating in a report on Thursday. Weiss Ratings raised shares of Andersen Group from a “sell (e)” rating to a “sell (e+)” rating in a research note on Monday, June 1st. UBS Group lifted their price target on shares of Andersen Group from $34.00 to $42.00 and gave the company a “buy” rating in a report on Thursday, May 14th. Finally, Deutsche Bank Aktiengesellschaft reiterated a “buy” rating and issued a $56.00 price target on shares of Andersen Group in a research note on Friday. One equities research analyst has rated the stock with a Strong Buy rating, four have issued a Buy rating, three have issued a Hold rating and one has assigned a Sell rating to the company’s stock. According to MarketBeat, the company has a consensus rating of “Moderate Buy” and an average price target of $52.17.

Check Out Our Latest Stock Report on Andersen Group

Insider Buying and Selling

In other news, major shareholder Durable Capital Partners Lp sold 336,736 shares of the stock in a transaction that occurred on Tuesday, July 7th. The stock was sold at an average price of $40.01, for a total transaction of $13,472,807.36. Following the completion of the transaction, the insider directly owned 1,333,749 shares in the company, valued at approximately $53,363,297.49. This represents a 20.16% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, Director Robert V. Gunderson, Jr. bought 2,367 shares of the business’s stock in a transaction that occurred on Wednesday, May 20th. The stock was acquired at an average cost of $35.82 per share, with a total value of $84,785.94. Following the completion of the acquisition, the director owned 15,000 shares of the company’s stock, valued at $537,300. This represents a 18.74% increase in their position. The SEC filing for this purchase provides additional information. Insiders own 13.00% of the company’s stock.

Hedge Funds Weigh In On Andersen Group

Several institutional investors have recently bought and sold shares of ANDG. JPMorgan Chase & Co. bought a new stake in shares of Andersen Group in the 4th quarter worth about $45,987,000. J. Goldman & Co LP bought a new position in shares of Andersen Group in the 4th quarter valued at about $30,079,000. Brown Advisory Inc. bought a new position in shares of Andersen Group in the 4th quarter valued at about $29,365,000. Franklin Resources Inc. purchased a new position in Andersen Group in the fourth quarter worth about $25,864,000. Finally, Royce & Associates LP bought a new stake in Andersen Group during the fourth quarter worth approximately $19,948,000.

Andersen Group Stock Up 0.6%

The company has a quick ratio of 2.36, a current ratio of 2.36 and a debt-to-equity ratio of 9.72. The company has a 50 day simple moving average of $41.64 and a two-hundred day simple moving average of $33.32. The company has a market capitalization of $5.49 billion and a P/E ratio of 285.56.

Andersen Group Company Profile

(Get Free Report)

Our mission is to deliver exceptional client service grounded in integrity, transparency, and excellence. Since our founding in 2002, we have experienced rapid and sustained growth, powered by our people, our values and our relentless commitment to innovative, client-focused solutions. Building on the rich traditions and culture of the former Arthur Andersen, we are driven by a bold vision to lead in a complex global marketplace, creating lasting value for our clients, our people and our investors.