AllianceBernstein (NYSE:AB) Reaches New 12-Month Low After Analyst Downgrade

Posted by Geri Gentry on Oct 13th, 2026

Shares of AllianceBernstein Holding L.P. (NYSE:AB – Get Free Report) hit a new 52-week low during mid-day trading on Tuesday after TD Cowen lowered their price target on the stock from $38.00 to $36.00. TD Cowen currently has a hold rating on the stock. AllianceBernstein traded as low as $34.28 and last traded at $34.3860, with a volume of 66,788 shares trading hands. The stock had previously closed at $34.70.

Several other research firms have also weighed in on AB. Sanford C. Bernstein reaffirmed an “outperform” rating on shares of AllianceBernstein in a research note on Friday. Weiss Ratings lowered AllianceBernstein from a “hold (c+)” rating to a “hold (c)” rating in a research report on Monday, August 3rd. Evercore set a $39.00 target price on AllianceBernstein in a report on Friday, July 10th. 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 four have issued a Hold rating to the company’s stock. According to data from MarketBeat, the stock currently has an average rating of “Hold” and an average target price of $38.38.

Get Our Latest Research Report on AllianceBernstein

Insider Buying and Selling

In other AllianceBernstein news, Director Charles Stonehill sold 5,000 shares of the stock in a transaction dated Tuesday, August 4th. The shares were sold at an average price of $37.17, for a total value of $185,850.00. Following the completion of the sale, the director owned 24,573 shares in the company, valued at approximately $913,378.41. This trade represents a 16.91% decrease in their position. The transaction was disclosed in a filing with the SEC, which is accessible through the SEC website. Company insiders own 2.70% of the company’s stock.

Institutional Inflows and Outflows

Institutional investors have recently bought and sold shares of the business. Mallini Complete Financial Planning LLC increased its position in shares of AllianceBernstein by 6.0% during the 3rd quarter. Mallini Complete Financial Planning LLC now owns 10,979 shares of the asset manager’s stock valued at $383,000 after purchasing an additional 622 shares during the last quarter. Parrish Capital LLC raised its stake in shares of AllianceBernstein by 10.5% during the 3rd quarter. Parrish Capital LLC now owns 53,743 shares of the asset manager’s stock worth $1,875,000 after purchasing an additional 5,107 shares during the period. The Manufacturers Life Insurance Company purchased a new position in shares of AllianceBernstein in the 2nd quarter worth about $1,908,000. Sequoia Financial Advisors LLC grew its position in AllianceBernstein by 4.3% during the second quarter. Sequoia Financial Advisors LLC now owns 20,293 shares of the asset manager’s stock valued at $715,000 after buying an additional 829 shares during the period. Finally, Integrated Wealth Concepts LLC purchased a new stake in AllianceBernstein during the second quarter worth about $420,000. Institutional investors own 19.25% of the company’s stock.

AllianceBernstein Price Performance

The firm has a market cap of $3.19 billion, a PE ratio of 10.15, a P/E/G ratio of 1.14 and a beta of 0.79. The business’s fifty day moving average is $36.18 and its 200-day moving average is $37.05.

AllianceBernstein (NYSE:AB – Get Free Report) last released its earnings results on Tuesday, July 28th. The asset manager reported $0.82 earnings per share for the quarter, missing analysts’ consensus estimates of $0.83 by ($0.01). The company had revenue of $887.55 million during the quarter, compared to analysts’ expectations of $907.67 million. AllianceBernstein had a net margin of 6.60% and a return on equity of 25.94%. The firm’s revenue was up 7.5% compared to the same quarter last year. During the same quarter in the previous year, the firm earned $0.76 earnings per share. Analysts forecast that AllianceBernstein Holding L.P. will post 3.46 EPS for the current year.

AllianceBernstein Cuts Dividend

The firm also recently announced a quarterly dividend, which was paid on Thursday, August 27th. Shareholders of record on Wednesday, August 12th were given a dividend of $0.82 per share. This is a drop from AllianceBernstein’s previous quarterly dividend of $0.83. This represents a $3.28 dividend on an annualized basis and a yield of 9.6%. The ex-dividend date was Wednesday, August 12th. AllianceBernstein’s dividend payout ratio (DPR) is 97.04%.

AllianceBernstein Company Profile

(Get Free Report)

AllianceBernstein Holding L.P. (NYSE:AB) is a global investment management and research firm serving institutional investors, retail clients and private-wealth customers. The company provides investment strategies and advisory services across public and private markets, including equities, fixed income, multi-asset portfolios, alternatives and sustainable investing.

AllianceBernstein’s offerings include actively managed mutual funds, exchange-traded funds, separately managed accounts, institutional mandates and private-market solutions.