399,655 Shares in Ameriprise Financial, Inc. $AMP Acquired by Cantor Fitzgerald Investment Advisors L.P.

Posted by Geri Gentry on Oct 16th, 2026

Cantor Fitzgerald Investment Advisors L.P. bought a new position in shares of Ameriprise Financial, Inc. (NYSE:AMP – Free Report) in the 3rd quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm bought 399,655 shares of the financial services provider’s stock, valued at approximately $196,770,000. Ameriprise Financial comprises approximately 10.8% of Cantor Fitzgerald Investment Advisors L.P.’s investment portfolio, making the stock its biggest holding.

A number of other institutional investors have also modified their holdings of AMP. Rexford Capital Inc. boosted its holdings in shares of Ameriprise Financial by 19.5% in the first quarter. Rexford Capital Inc. now owns 147 shares of the financial services provider’s stock valued at $65,000 after purchasing an additional 24 shares during the period. North Dakota State Investment Board grew its holdings in Ameriprise Financial by 0.9% during the 2nd quarter. North Dakota State Investment Board now owns 2,716 shares of the financial services provider’s stock worth $1,246,000 after acquiring an additional 24 shares in the last quarter. HBK Sorce Advisory LLC raised its holdings in shares of Ameriprise Financial by 2.8% in the 2nd quarter. HBK Sorce Advisory LLC now owns 892 shares of the financial services provider’s stock valued at $409,000 after purchasing an additional 24 shares in the last quarter. Fulton Bank N.A. raised its holdings in shares of Ameriprise Financial by 0.4% in the 2nd quarter. Fulton Bank N.A. now owns 6,688 shares of the financial services provider’s stock valued at $3,068,000 after purchasing an additional 25 shares in the last quarter. Finally, Revolve Wealth Partners LLC increased its holdings in Ameriprise Financial by 5.0% during the second quarter. Revolve Wealth Partners LLC now owns 529 shares of the financial services provider’s stock valued at $243,000 after buying an additional 25 shares during the period. 83.95% of the stock is owned by hedge funds and other institutional investors.

Ameriprise Financial Stock Performance

Shares of NYSE AMP opened at $502.32 on Friday. The company has a market capitalization of $45.16 billion, a PE ratio of 12.12, a price-to-earnings-growth ratio of 1.02 and a beta of 1.16. 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 fifty day moving average price is $534.72 and its 200 day moving average price is $497.33. Ameriprise Financial, Inc. has a 1 year low of $422.37 and a 1 year high of $572.56.

Ameriprise Financial (NYSE:AMP – Get Free Report) last posted its earnings results on Thursday, July 23rd. The financial services provider reported $11.07 EPS for the quarter, beating analysts’ consensus estimates of $10.81 by $0.26. The firm had revenue of $4.90 billion for the quarter, compared to analysts’ expectations of $4.87 billion. Ameriprise Financial had a return on equity of 64.19% and a net margin of 20.24%. The company’s quarterly revenue was up 11.6% on a year-over-year basis. During the same period last year, the firm earned $9.11 EPS. On average, research analysts predict that Ameriprise Financial, Inc. will post 46.14 earnings per share for the current year.

Ameriprise Financial announced that its Board of Directors has initiated a share buyback plan on Tuesday, September 29th that permits the company to repurchase $5.50 billion in outstanding shares. This repurchase authorization permits the financial services provider to repurchase up to 12.3% of its shares through open market purchases. Share repurchase plans are often an indication that the company’s board of directors believes its shares are undervalued.

Ameriprise Financial Announces Dividend

The business also recently declared a quarterly dividend, which was paid on Friday, August 21st. Investors of record on Monday, August 3rd were paid a $1.70 dividend. The ex-dividend date of this dividend was Monday, August 3rd. This represents a $6.80 dividend on an annualized basis and a yield of 1.4%. Ameriprise Financial’s dividend payout ratio (DPR) is currently 16.40%.

Insider Transactions at Ameriprise Financial

In related news, SVP Dawn M. Brockman sold 472 shares of the stock in a transaction on Monday, August 10th. The stock was sold at an average price of $558.93, for a total value of $263,814.96. Following the completion of the transaction, the senior vice president directly owned 713 shares of the company’s stock, valued at approximately $398,517.09. This represents a 39.83% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, EVP Deirdre Mcgraw sold 2,400 shares of Ameriprise Financial stock in a transaction 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 directly owned 3,373 shares in the company, valued at approximately $1,883,078.44. This trade represents a 41.57% decrease in their position. The SEC filing for this sale provides additional information. In the last quarter, insiders have sold 29,988 shares of company stock valued at $16,316,497. 0.60% of the stock is currently owned by corporate insiders.

Analysts Set New Price Targets

Several analysts have issued reports on the company. Bank of America reaffirmed a “buy” rating and set a $570.00 target price (down from $616.00) on shares of Ameriprise Financial in a research report on Monday, October 5th. Piper Sandler upped their price target on Ameriprise Financial from $518.00 to $561.00 in a research report on Thursday, July 23rd. Zacks Research lowered Ameriprise Financial from a “strong-buy” rating to a “hold” rating in a research report on Monday, September 21st. Royal Bank Of Canada lifted their target price on shares of Ameriprise Financial from $560.00 to $595.00 in a research note on Friday, July 24th. Finally, Evercore lowered their price objective on shares of Ameriprise Financial from $625.00 to $623.00 in a research note on Friday, July 24th. One investment analyst has rated the stock with a Strong Buy rating, five have issued a Buy rating, five have assigned a Hold rating and one has given a Sell rating to the company. According to MarketBeat, Ameriprise Financial currently has a consensus rating of “Moderate Buy” and an average target price of $572.55.

Read Our Latest Stock Analysis on Ameriprise Financial

Ameriprise Financial Profile

(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.