Handelsbanken Fonder AB Sells 4,504 Shares of Ameriprise Financial, Inc. $AMP

Posted by Francis Steltz on Aug 14th, 2026

Handelsbanken Fonder AB cut its holdings in shares of Ameriprise Financial, Inc. (NYSE:AMP – Free Report) by 14.6% during the second quarter, Holdings Channel reports. The fund owned 26,290 shares of the financial services provider’s stock after selling 4,504 shares during the quarter. Handelsbanken Fonder AB’s holdings in Ameriprise Financial were worth $12,061,000 as of its most recent filing with the Securities and Exchange Commission.

Other large investors have also added to or reduced their stakes in the company. Fulton Bank N.A. boosted its position in Ameriprise Financial by 0.4% during the second quarter. Fulton Bank N.A. now owns 6,688 shares of the financial services provider’s stock worth $3,068,000 after purchasing an additional 25 shares during the period. Revolve Wealth Partners LLC raised its position in shares of Ameriprise Financial by 5.0% in the second quarter. Revolve Wealth Partners LLC now owns 529 shares of the financial services provider’s stock valued at $243,000 after purchasing an additional 25 shares during the period. Focus Financial Network Inc. lifted its stake in shares of Ameriprise Financial by 24.9% during the 2nd quarter. Focus Financial Network Inc. now owns 847 shares of the financial services provider’s stock worth $389,000 after buying an additional 169 shares during the last quarter. Valeo Financial Advisors LLC lifted its stake in shares of Ameriprise Financial by 4.2% during the 2nd quarter. Valeo Financial Advisors LLC now owns 1,209 shares of the financial services provider’s stock worth $555,000 after buying an additional 49 shares during the last quarter. Finally, Trust Point Inc. bought a new stake in shares of Ameriprise Financial during the 2nd quarter worth about $267,000. Institutional investors own 83.95% of the company’s stock.

Ameriprise Financial Trading Up 1.0%

AMP stock opened at $570.80 on Friday. The company has a debt-to-equity ratio of 0.99, a quick ratio of 0.71 and a current ratio of 0.71. The company’s 50-day simple moving average is $504.75 and its 200 day simple moving average is $479.66. Ameriprise Financial, Inc. has a 52 week low of $422.37 and a 52 week high of $571.17. The company has a market capitalization of $51.32 billion, a PE ratio of 13.77, a price-to-earnings-growth ratio of 0.76 and a beta of 1.14.

Ameriprise Financial (NYSE:AMP – Get Free Report) last released its quarterly earnings results on Thursday, July 23rd. The financial services provider reported $11.07 EPS for the quarter, topping analysts’ consensus estimates of $10.81 by $0.26. Ameriprise Financial had a net margin of 20.24% and a return on equity of 64.19%. The business had revenue of $4.90 billion for the quarter, compared to analyst estimates of $4.87 billion. During the same period last year, the firm earned $9.11 earnings per share. Ameriprise Financial’s revenue for the quarter was up 11.6% compared to the same quarter last year. As a group, sell-side analysts anticipate that Ameriprise Financial, Inc. will post 46.12 earnings per share for the current year.

Ameriprise Financial Dividend Announcement

The firm also recently announced a quarterly dividend, which will be paid on Friday, August 21st. Stockholders of record on Monday, August 3rd will be issued a dividend of $1.70 per share. The ex-dividend date of this dividend is Monday, August 3rd. This represents a $6.80 annualized dividend and a dividend yield of 1.2%. Ameriprise Financial’s dividend payout ratio (DPR) is currently 16.40%.

Insider Buying and Selling at Ameriprise Financial

In related news, EVP Deirdre Davey Mcgraw sold 2,400 shares of the stock in a transaction that occurred on Thursday, August 6th. The stock was sold at an average price of $558.28, for a total transaction of $1,339,872.00. Following the sale, the executive vice president owned 3,373 shares of the company’s stock, valued at $1,883,078.44. This represents a 41.57% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is available through the SEC website. Also, CFO Walter Stanley Berman sold 11,012 shares of the firm’s stock in a transaction on Tuesday, July 28th. The stock was sold at an average price of $548.95, for a total value of $6,045,037.40. Following the transaction, the chief financial officer owned 5,609 shares in the company, valued at approximately $3,079,060.55. This trade represents a 66.25% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Insiders sold a total of 29,988 shares of company stock valued at $16,316,497 over the last ninety days. Company insiders own 0.60% of the company’s stock.

Wall Street Analyst Weigh In

AMP has been the topic of a number of research reports. Piper Sandler upped their price target on shares of Ameriprise Financial from $471.00 to $518.00 and gave the company a “neutral” rating in a research note on Monday, July 13th. Keefe, Bruyette & Woods raised their price objective on shares of Ameriprise Financial from $515.00 to $545.00 and gave the stock a “market perform” rating in a research report on Friday, July 24th. Morgan Stanley boosted their price objective on Ameriprise Financial from $467.00 to $489.00 and gave the stock an “underweight” rating in a report on Friday, July 10th. Zacks Research raised Ameriprise Financial from a “hold” rating to a “strong-buy” rating in a research report on Monday, July 27th. Finally, Jefferies Financial Group increased their target price on Ameriprise Financial from $636.00 to $645.00 and gave the stock a “buy” rating in a research note on Friday, July 10th. Two equities research analysts have rated the stock with a Strong Buy rating, four have issued a Buy rating, four have assigned a Hold rating and one has issued a Sell rating to the stock. According to MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and a consensus price target of $555.33.

Check Out Our Latest Report on AMP

Ameriprise Financial Company Profile

(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.