Jefferies Financial Group Has Lowered Expectations for Ameriprise Financial (NYSE:AMP) Stock Price

Posted by Francis Steltz on Oct 13th, 2026

Ameriprise Financial (NYSE:AMP – Get Free Report) had its price objective dropped by stock analysts at Jefferies Financial Group from $645.00 to $638.00 in a research report issued to clients and investors on Monday. Jefferies Financial Group’s price target suggests a potential upside of 29.45% from the stock’s current price.

Several other research firms have also commented on AMP. Zacks Research lowered Ameriprise Financial from a “strong-buy” rating to a “hold” rating in a research report on Monday, September 21st. Keefe, Bruyette & Woods increased their price objective on shares of Ameriprise Financial from $515.00 to $545.00 and gave the company a “market perform” rating in a research report on Friday, July 24th. Weiss Ratings raised shares of Ameriprise Financial from a “buy (b-)” rating to a “buy (b)” rating in a research note on Thursday, September 3rd. Piper Sandler boosted their price objective on shares of Ameriprise Financial from $471.00 to $518.00 and gave the stock a “neutral” rating in a report on Monday, July 13th. Finally, Morgan Stanley decreased their price objective on shares of Ameriprise Financial from $489.00 to $483.00 and set an “underweight” rating for the company in a research report on Friday. One equities research analyst has rated the stock with a Strong Buy rating, five have given a Buy rating, five have given a Hold rating and one has given a Sell rating to the company’s stock. Based on data from MarketBeat, the company presently has a consensus rating of “Moderate Buy” and an average target price of $572.55.

View Our Latest Research Report on Ameriprise Financial

Ameriprise Financial Stock Down 1.4%

NYSE:AMP traded down $7.18 during mid-day trading on Monday, hitting $492.84. The company had a trading volume of 151,043 shares, compared to its average volume of 639,586. The business has a fifty day simple moving average of $538.37 and a 200-day simple moving average of $496.25. The firm has a market capitalization of $44.31 billion, a price-to-earnings ratio of 11.88, a PEG ratio of 1.03 and a beta of 1.16. Ameriprise Financial has a 1 year low of $422.37 and a 1 year high of $572.56. The company has a current ratio of 0.71, a quick ratio of 0.71 and a debt-to-equity ratio of 0.99.

Ameriprise Financial (NYSE:AMP – Get Free Report) last issued its earnings results on Thursday, July 23rd. The financial services provider reported $11.07 earnings per share for the quarter, topping the consensus estimate of $10.81 by $0.26. Ameriprise Financial had a return on equity of 64.19% and a net margin of 20.24%. The company had revenue of $4.90 billion during the quarter, compared to the consensus estimate of $4.87 billion. During the same quarter in the prior year, the business earned $9.11 earnings per share. The company’s revenue was up 11.6% compared to the same quarter last year. Equities analysts forecast that Ameriprise Financial will post 46.17 earnings per share for the current fiscal year.

Ameriprise Financial declared that its board has approved a stock buyback plan on Tuesday, September 29th that allows the company to repurchase $5.50 billion in shares. This buyback authorization allows the financial services provider to reacquire up to 12.3% of its stock through open market purchases. Stock buyback plans are often an indication that the company’s board believes its shares are undervalued.

Insider Activity at Ameriprise Financial

In related news, EVP Deirdre Mcgraw sold 2,400 shares of the company’s stock in a transaction on Thursday, August 6th. The shares were sold at an average price of $558.28, for a total value of $1,339,872.00. Following the sale, the executive vice president directly 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 transaction was disclosed in a legal filing with the SEC, which is accessible through this link. Also, SVP Dawn M. Brockman sold 472 shares of the stock in a transaction on Monday, August 10th. The shares were sold at an average price of $558.93, for a total transaction of $263,814.96. Following the transaction, the senior vice president owned 713 shares in the company, valued at $398,517.09. This trade represents a 39.83% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Insiders sold a total of 29,988 shares of company stock worth $16,316,497 over the last three months. 0.60% of the stock is owned by corporate insiders.

Institutional Trading of Ameriprise Financial

Several hedge funds and other institutional investors have recently bought and sold shares of AMP. First County Bank CT boosted its stake in shares of Ameriprise Financial by 660.7% during the 3rd quarter. First County Bank CT now owns 12,529 shares of the financial services provider’s stock worth $6,169,000 after acquiring an additional 10,882 shares in the last quarter. Fragasso Financial Advisors Inc acquired a new stake in shares of Ameriprise Financial during the third quarter worth $209,000. NorthCrest Asset Manangement LLC raised its position in shares of Ameriprise Financial by 85.8% during the third quarter. NorthCrest Asset Manangement LLC now owns 10,423 shares of the financial services provider’s stock worth $5,132,000 after purchasing an additional 4,812 shares during the period. Avior Wealth Management LLC raised its position in shares of Ameriprise Financial by 869.5% during the third quarter. Avior Wealth Management LLC now owns 9,443 shares of the financial services provider’s stock worth $4,649,000 after purchasing an additional 8,469 shares during the period. Finally, Perpetual Ltd purchased a new stake in shares of Ameriprise Financial during the third quarter valued at $242,000. 83.95% of the stock is owned by institutional investors.

Ameriprise Financial Company Profile

(Get Free Report)

Ameriprise Financial, Inc is a diversified financial services company headquartered in Minneapolis, Minnesota. The company provides financial planning, investment advice, wealth management, retirement planning and insurance solutions to individuals, families, business owners and institutional clients.

Ameriprise serves clients primarily through a network of financial advisors and offers products and services that include brokerage and advisory accounts, mutual funds and other investments, retirement accounts, annuities, life and long-term-care insurance, banking products and personalized financial planning.