AllianceBernstein (NYSE:AB) Upgraded at Zacks Research

Posted by Geri Gentry on Jul 1st, 2026

AllianceBernstein (NYSE:AB – Get Free Report) was upgraded by stock analysts at Zacks Research from a “strong sell” rating to a “hold” rating in a report issued on Monday,Zacks.com reports.

AB has been the topic of several other research reports. Barclays dropped their target price on shares of AllianceBernstein from $40.00 to $39.00 and set an “equal weight” rating on the stock in a report on Wednesday, April 29th. Sanford C. Bernstein reissued an “outperform” rating on shares of AllianceBernstein in a report on Monday, June 8th. Evercore set a $40.00 price target on AllianceBernstein in a research note on Monday, June 8th. TD Cowen cut their price objective on AllianceBernstein from $39.50 to $39.00 and set a “hold” rating for the company in a report on Wednesday, April 29th. Finally, Weiss Ratings cut AllianceBernstein from a “buy (b-)” rating to a “hold (c+)” rating in a research report on Monday. Two investment analysts have rated the stock with a Buy rating and five have given a Hold rating to the company. Based on data from MarketBeat.com, the company has a consensus rating of “Hold” and an average target price of $39.90.

Check Out Our Latest Stock Report on AllianceBernstein

AllianceBernstein Stock Performance

AB opened at $35.23 on Monday. The company’s 50-day simple moving average is $37.55 and its two-hundred day simple moving average is $38.62. The stock has a market capitalization of $3.29 billion, a P/E ratio of 10.84, a P/E/G ratio of 1.65 and a beta of 0.80. AllianceBernstein has a 52-week low of $34.92 and a 52-week high of $44.11.

AllianceBernstein (NYSE:AB – Get Free Report) last announced its quarterly earnings results on Tuesday, April 28th. The asset manager reported $0.83 EPS for the quarter, missing analysts’ consensus estimates of $0.87 by ($0.04). AllianceBernstein had a return on equity of 23.11% and a net margin of 6.69%.The company had revenue of $871.13 million during the quarter, compared to the consensus estimate of $894.70 million. During the same quarter in the prior year, the firm earned $0.80 earnings per share. The business’s revenue was up 3.9% compared to the same quarter last year. Research analysts forecast that AllianceBernstein will post 3.46 EPS for the current fiscal year.

Institutional Trading of AllianceBernstein

A number of hedge funds and other institutional investors have recently bought and sold shares of the stock. Goldman Sachs Group Inc. raised its stake in shares of AllianceBernstein by 51.8% in the first quarter. Goldman Sachs Group Inc. now owns 916,574 shares of the asset manager’s stock worth $35,114,000 after buying an additional 312,878 shares during the period. Focus Partners Wealth increased its holdings in AllianceBernstein by 43.5% in the 1st quarter. Focus Partners Wealth now owns 27,375 shares of the asset manager’s stock worth $1,049,000 after acquiring an additional 8,304 shares in the last quarter. Ausdal Financial Partners Inc. purchased a new stake in AllianceBernstein in the 2nd quarter worth approximately $210,000. Curi Capital LLC bought a new stake in AllianceBernstein during the 2nd quarter worth approximately $309,000. Finally, HRT Financial LP raised its stake in AllianceBernstein by 438.1% during the 2nd quarter. HRT Financial LP now owns 108,143 shares of the asset manager’s stock worth $4,415,000 after acquiring an additional 88,045 shares during the period. Hedge funds and other institutional investors own 19.25% of the company’s stock.

About AllianceBernstein

(Get Free Report)

AllianceBernstein is a global investment management firm that offers a broad range of research-driven strategies across equities, fixed income, multi-asset solutions and alternative investments. The firm provides active and quantitative portfolio management, drawing on in-house research capabilities to serve the needs of institutional clients, private wealth investors and intermediaries. Its product lineup encompasses mutual funds, separately managed accounts and customized investment vehicles designed to meet diverse risk-return objectives.

The firm’s roots date back to 1967 with the founding of Sanford C.