Quent Long Short Global Small Cap Fund LP purchased a new position in shares of Ameriprise Financial, Inc. (NYSE:AMP – Free Report) during the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm purchased 1,888 shares of the financial services provider’s stock, valued at approximately $926,000.
Several other institutional investors have also modified their holdings of the business. Brighton Jones LLC lifted its position in Ameriprise Financial by 6.9% in the 4th quarter. Brighton Jones LLC now owns 777 shares of the financial services provider’s stock valued at $413,000 after acquiring an additional 50 shares in the last quarter. Empowered Funds LLC lifted its stake in Ameriprise Financial by 11.8% in the 1st quarter. Empowered Funds LLC now owns 6,022 shares of the financial services provider’s stock valued at $2,915,000 after acquiring an additional 634 shares in the last quarter. Sivia Capital Partners LLC lifted its stake in Ameriprise Financial by 14.1% in the 2nd quarter. Sivia Capital Partners LLC now owns 584 shares of the financial services provider’s stock valued at $312,000 after acquiring an additional 72 shares in the last quarter. Schnieders Capital Management LLC. bought a new stake in Ameriprise Financial in the 2nd quarter valued at approximately $313,000. Finally, Gabelli Funds LLC lifted its stake in Ameriprise Financial by 224.8% in the 2nd quarter. Gabelli Funds LLC now owns 4,222 shares of the financial services provider’s stock valued at $2,253,000 after acquiring an additional 2,922 shares in the last quarter. Institutional investors own 83.95% of the company’s stock.
Analyst Ratings Changes
Several research firms have commented on AMP. Weiss Ratings restated a “buy (b-)” rating on shares of Ameriprise Financial in a research note on Monday, December 29th. Jefferies Financial Group boosted their price target on shares of Ameriprise Financial from $600.00 to $620.00 and gave the stock a “buy” rating in a research report on Monday, February 2nd. Raymond James Financial set a $582.00 price target on shares of Ameriprise Financial and gave the stock a “strong-buy” rating in a research report on Wednesday, February 11th. Piper Sandler cut their price target on shares of Ameriprise Financial from $530.00 to $460.00 and set a “hold” rating on the stock in a research report on Tuesday, April 7th. Finally, Royal Bank Of Canada reissued an “outperform” rating and set a $605.00 price target (up from $580.00) on shares of Ameriprise Financial in a research report on Monday, February 2nd. One research analyst has rated the stock with a Strong Buy rating, four have issued a Buy rating, five have given a Hold rating and one has given a Sell rating to the company. According to MarketBeat, the company currently has a consensus rating of “Hold” and a consensus target price of $544.22.
Ameriprise Financial Trading Down 1.9%
Shares of Ameriprise Financial stock opened at $459.69 on Friday. The company has a quick ratio of 0.68, a current ratio of 0.68 and a debt-to-equity ratio of 0.86. The business’s 50 day moving average is $454.74 and its 200-day moving average is $474.78. The stock has a market cap of $41.91 billion, a P/E ratio of 12.64, a P/E/G ratio of 1.15 and a beta of 1.27. Ameriprise Financial, Inc. has a 12-month low of $422.37 and a 12-month high of $550.18.
Ameriprise Financial (NYSE:AMP – Get Free Report) last issued its earnings results on Thursday, April 23rd. The financial services provider reported $11.26 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $10.21 by $1.05. The company had revenue of $4.77 billion for the quarter, compared to analysts’ expectations of $4.82 billion. Ameriprise Financial had a net margin of 19.28% and a return on equity of 63.04%. Ameriprise Financial’s quarterly revenue was up 9.7% compared to the same quarter last year. During the same period in the prior year, the firm earned $9.50 EPS. Equities research analysts predict that Ameriprise Financial, Inc. will post 41.06 earnings per share for the current fiscal year.
Ameriprise Financial Increases Dividend
The firm also recently declared a quarterly dividend, which will be paid on Friday, May 22nd. Investors of record on Monday, May 4th will be paid a $1.70 dividend. This is a boost from Ameriprise Financial’s previous quarterly dividend of $1.60. The ex-dividend date is Monday, May 4th. This represents a $6.80 dividend on an annualized basis and a yield of 1.5%. Ameriprise Financial’s dividend payout ratio (DPR) is currently 17.60%.
Insider Activity at Ameriprise Financial
In other Ameriprise Financial news, CFO Walter Stanley Berman sold 7,000 shares of the stock in a transaction dated Thursday, February 5th. The shares were sold at an average price of $544.22, for a total value of $3,809,540.00. Following the transaction, the chief financial officer directly owned 5,609 shares of the company’s stock, valued at $3,052,529.98. This represents a 55.52% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this hyperlink. Also, CEO William F. Truscott sold 5,000 shares of the stock in a transaction dated Tuesday, February 10th. The shares were sold at an average price of $532.08, for a total transaction of $2,660,400.00. Following the completion of the transaction, the chief executive officer directly owned 12,149 shares in the company, valued at approximately $6,464,239.92. This represents a 29.16% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. In the last quarter, insiders have sold 16,658 shares of company stock worth $8,998,675. Company insiders own 0.60% of the company’s stock.
Ameriprise Financial News Roundup
Here are the key news stories impacting Ameriprise Financial this week:
- Positive Sentiment: Q1 EPS materially beat expectations (reported $11.26 vs. ~ $10.20–$10.60 consensus), signaling strong profitability and driving investor interest. Ameriprise Financial Services (AMP) Tops Q1 Earnings and Revenue Estimates
- Positive Sentiment: The board approved a 6% increase in the regular quarterly dividend to $1.70 per share (payable May 22), which supports income investors and signals confidence in cash flow. Ameriprise Financial Increases Regular Quarterly Dividend 6 Percent
- Positive Sentiment: Media coverage highlighting client satisfaction and Ameriprise’s charitable work frames the business as undervalued relative to service quality and long-term client retention — a supportive narrative for investors looking past short-term noise. Ameriprise Charitable Honors And Client Satisfaction Contrast With Undervalued Shares
- Neutral Sentiment: Company press release and slide deck provide full Q1 detail: strong margins and ROE (net margin ~19.3%, ROE ~63%), but mixed top-line signals — useful for analysts and investors digging into segment performance. View Press Release
- Neutral Sentiment: Analyst consensus remains conservative (consensus rating noted as “Hold”), suggesting limited near-term upside from analyst revisions despite the EPS beat. Ameriprise Financial, Inc. (NYSE:AMP) Receives Consensus Rating of “Hold” from Analysts
- Negative Sentiment: Revenue missed some analyst estimates (reported ~$4.77B vs. ~ $4.82B consensus in some reports), which likely drove profit-taking and caution among investors focused on growth and AUM-related fees. Compared to Estimates, Ameriprise (AMP) Q1 Earnings: A Look at Key Metrics
About Ameriprise Financial
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.
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