Ameriprise Financial, Inc. $AMP Stock Purchased by Hengehold Capital Management LLC

Posted by George Bondi on Oct 17th, 2026

Hengehold Capital Management LLC raised its holdings in shares of Ameriprise Financial, Inc. (NYSE:AMP – Free Report) by 742.6% during the third quarter, HoldingsChannel.com reports. The firm owned 7,280 shares of the financial services provider’s stock after acquiring an additional 6,416 shares during the quarter. Hengehold Capital Management LLC’s holdings in Ameriprise Financial were worth $3,584,000 at the end of the most recent quarter.

Several other hedge funds also recently modified their holdings of AMP. Twin Lakes Capital Management LLC acquired a new stake in shares of Ameriprise Financial during the 2nd quarter worth approximately $25,000. University of Texas Texas AM Investment Management Co. bought a new stake in shares of Ameriprise Financial during the second quarter worth approximately $28,000. Cassaday & Co Wealth Management LLC acquired a new position in Ameriprise Financial in the first quarter valued at approximately $28,000. Fiduciary Financial Advisors acquired a new position in Ameriprise Financial in the second quarter valued at approximately $30,000. Finally, Daytona Street Capital LLC acquired a new position in Ameriprise Financial in the third quarter valued at approximately $33,000. Institutional investors own 83.95% of the company’s stock.

Ameriprise Financial Trading Down 0.3%

NYSE AMP traded down $1.67 during trading on Friday, reaching $500.91. 581,724 shares of the stock traded hands, compared to its average volume of 647,053. Ameriprise Financial, Inc. has a fifty-two week low of $422.37 and a fifty-two week high of $572.56. The company has a quick ratio of 0.71, a current ratio of 0.71 and a debt-to-equity ratio of 0.99. The firm has a market cap of $45.03 billion, a price-to-earnings ratio of 12.08, a price-to-earnings-growth ratio of 1.03 and a beta of 1.16. The stock’s 50-day moving average price is $533.72 and its 200 day moving average price is $497.36.

Ameriprise Financial (NYSE:AMP – Get Free Report) last posted 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. The company had revenue of $4.90 billion for the quarter, compared to analyst estimates of $4.87 billion. Ameriprise Financial had a net margin of 20.24% and a return on equity of 64.19%. The business’s revenue for the quarter was up 11.6% compared to the same quarter last year. During the same period last year, the business posted $9.11 earnings per share. Analysts predict that Ameriprise Financial, Inc. will post 46.14 EPS for the current year.

Ameriprise Financial Dividend Announcement

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

Ameriprise Financial announced that its board has initiated a share repurchase program on Tuesday, September 29th that allows the company to repurchase $5.50 billion in shares. This buyback authorization allows the financial services provider to buy up to 12.3% of its stock through open market purchases. Share buyback programs are generally a sign that the company’s board of directors believes its shares are undervalued.

Analyst Ratings Changes

A number of analysts have commented on AMP shares. Jefferies Financial Group lowered their target price on shares of Ameriprise Financial from $645.00 to $638.00 in a report on Monday, October 12th. Morgan Stanley decreased their price objective on Ameriprise Financial from $489.00 to $483.00 and set an “underweight” rating for the company in a research note on Friday, October 9th. Raymond James Financial upped their price objective on Ameriprise Financial from $582.00 to $638.00 and gave the company a “strong-buy” rating in a report on Friday, August 21st. Evercore cut their target price on Ameriprise Financial from $625.00 to $623.00 in a research note on Friday, July 24th. Finally, Weiss Ratings upgraded Ameriprise Financial from a “buy (b-)” rating to a “buy (b)” rating in a report on Thursday, September 3rd. One investment analyst has rated the stock with a Strong Buy rating, five have issued a Buy rating, five have issued a Hold rating and one has assigned a Sell rating to the company. According to data from MarketBeat, Ameriprise Financial presently has a consensus rating of “Moderate Buy” and a consensus price target of $572.55.

Get Our Latest Stock Report on Ameriprise Financial

Insiders Place Their Bets

In other Ameriprise Financial news, EVP Deirdre Mcgraw sold 2,400 shares of Ameriprise Financial stock in a transaction dated 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 transaction, the executive vice president directly owned 3,373 shares in the company, valued at approximately $1,883,078.44. The trade was 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 Brockman sold 472 shares of the business’s stock in a transaction dated Monday, August 10th. The shares were 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. The trade was a 39.83% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. In the last ninety days, insiders have sold 29,988 shares of company stock valued at $16,316,497. Insiders own 0.60% of the company’s stock.

About Ameriprise Financial

(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.