MGRD

Affiliated Managers Group 4.200% Junior Subordinated Notes due 2061

MGRD

Market cap $133M

Overview Fund Activity

16.58 USD

+0.18

1.1%

At close Updated Sep 5, 4:00 PM EDT

1 day

1.1%

5 days

2.28%

1 month

5.54%

3 months

10.53%

6 months

3.11%

Year to date

1.91%

1 year

-5.42%

5 years

-34.13%

10 years

-34.13%

Financials Asset Management

–

Funds holding %

of 7,456 funds

–

Analysts bullish %

Financial journalist opinion

Affiliated Managers Group, Inc. (AMG) Q2 2025 Earnings Call Transcript

Affiliated Managers Group, Inc. (NYSE:AMG ) Q2 2025 Earnings Conference Call July 31, 2025 11:00 AM ET Company Participants Dava Elaine Ritchea - Chief Financial Officer Jay C Horgen - CEO & Director Patricia Figueroa - Vice President of Investor Relations Thomas M. Wojcik - President & COO Conference Call Participants Alexander Blostein - Goldman Sachs Group, Inc., Research Division Brian Bertram Bedell - Deutsche Bank AG, Research Division Daniel Thomas Fannon - Jefferies LLC, Research Division Michael Patrick Davitt - Autonomous Research US LP William Raymond Katz - TD Cowen, Research Division Operator Greetings, and welcome to AMG's Second Quarter 2025 Earnings Conference Call.

Affiliated Managers Group, Inc. (AMG) Q2 2025 Earnings Call Transcript

Affiliated Managers Group Q1: Declines In All Key Metrics

Affiliated Managers Group is a small financial services firm that provides investment management services to high net worth individuals and institutions. AMG has outperformed the sector over the last 5 years but dramatically underperformed over 10 years, raising doubts about its reliability. The company pays a negligible dividend, preferring share buybacks, and recent earnings put into question management's strategy.

Affiliated Managers Group Q1: Declines In All Key Metrics

Affiliated Managers Group, Inc. (AMG) Q1 2025 Earnings Call Transcript

Affiliated Managers Group, Inc. (NYSE:AMG ) Q1 2025 Earnings Conference Call May 8, 2025 12:00 PM ET Company Participants Patricia Figueroa - Head, Investor Relations Jay Horgen - President & Chief Executive Officer Tom Wojcik - Chief Operating Officer Dava Ritchea - Chief Financial Officer Conference Call Participants Alex Blostein - Goldman Sachs Dan Fannon - Jefferies Bill Katz - TD Cowen Brian Bedell - Deutsche Bank Patrick Davitt - Autonomous Research Operator Greetings, and welcome to the AMG First Quarter 2025 Earnings Call. At this time, all participants are in a listen-only mode.

Affiliated Managers Group, Inc. (AMG) Q1 2025 Earnings Call Transcript

In Search For 7% Investment-Grade Yields For The Long Term, Part 1: Affiliated Managers Group And Its Baby Bonds

AMG offers a unique investment opportunity in diverse, cash-generating firms, despite underperforming common stock and declining revenue. Investment-grade AMG bonds present a 6.4% yield with potential capital appreciation if long-term yields decline, making them attractive in the current environment. AMG's solid credibility and investment-grade rating, despite declining revenue, make its bonds a safer bet compared to its stock.

In Search For 7% Investment-Grade Yields For The Long Term, Part 1: Affiliated Managers Group And Its Baby Bonds

Affiliated Managers Group: AUM Outflows Trigger Unjustified Selloff

Affiliated Managers Group is an asset manager increasing its focus on Alternative investments while facing persistent weakness in Equities. The company's Q4 2024 results reflect lower performance fees, with a drop in assets under management spooking investors. Despite the quarterly setback, assets under management increased in 2024 - a trend I expect to continue in 2025 and beyond.

Affiliated Managers Group: AUM Outflows Trigger Unjustified Selloff

Affiliated Managers Group, Inc. (AMG) Q4 2024 Earnings Call Transcript

Affiliated Managers Group, Inc. (NYSE:AMG ) Q4 2024 Earnings Conference Call February 6, 2025 8:30 AM ET Company Participants Patricia Figueroa - Head, Investor Relations Jay Horgen - President & Chief Executive Officer Tom Wojcik - Chief Operating Officer Dava Ritchea - Chief Financial Officer Conference Call Participants Trevor Dodds - Jefferies Bill Katz - TD Cowen Operator Greetings and welcome to AMG Fourth Quarter 2024 Earnings Conference Call. At this time, all participants are in a listen-only mode.

Affiliated Managers Group, Inc. (AMG) Q4 2024 Earnings Call Transcript

Affiliated Managers Group: Unfavorable Outlook Is Priced In (Rating Downgrade)

I downgrade my rating for Affiliated Managers Group to a Hold after evaluating the stock's financial outlook and valuation metrics. AMG's Q3 2024 financial results and Q4 2024 guidance failed to meet the market's expectations. The stock's valuations are already reflective of the company's unfavorable prospects. AMG is currently trading at a high-single-digit forward P/E and a 2024 buyback yield of above 10%.

Affiliated Managers Group: Unfavorable Outlook Is Priced In (Rating Downgrade)

Affiliated Managers Group, Inc. (AMG) Q3 2024 Earnings Call Transcript

Affiliated Managers Group, Inc. (NYSE:AMG ) Q3 2024 Earnings Conference Call November 4, 2024 8:30 AM ET Company Participants Patricia Figueroa - Head of IR Jay Horgen - President and CEO Thomas Wojcik - COO Dava Ritchea - CFO Conference Call Participants Bill Katz - TD Cowen Alex Blostein - Goldman Sachs Dan Fannon - Jefferies Brian Bedell - Deutsche Bank Patrick Davitt - Autonomous Research Operator Greetings, and welcome to the AMG Third Quarter 2024 Earnings Call. At this time, all participants are in a listen-only mode.

Affiliated Managers Group, Inc. (AMG) Q3 2024 Earnings Call Transcript

Affiliated Managers Group: Growing EPS And Fed Pivot Beneficiary

AMG manages $701 billion in assets, primarily in Alternatives and Equities. AMG has marginally underperformed the iShares U.S. Financials ETF in 2024. The company reported positive net client flows in Q2 2024 and Economic EPS growth of 5% Y/Y boosted by aggressive share repurchases.

Affiliated Managers Group: Growing EPS And Fed Pivot Beneficiary

Affiliated Managers Group, Inc. (AMG) Q2 2024 Earnings Call Transcript

Affiliated Managers Group, Inc. (NYSE:AMG ) Q2 2024 Earnings Conference Call July 29, 2024 8:30 AM ET Company Participants Patricia Figueroa - Head of IR Jay Horgen - President and CEO Thomas Wojcik - COO Dava Ritchea - CFO Conference Call Participants Alex Blostein - Goldman Sachs Dan Fannon - Jefferies Bill Katz - TD Cowen Patrick Davitt - Autonomous Research Brian Bedell - Deutsche Bank Operator Greetings, and welcome to the AMG Second Quarter 2024 Earnings Conference Call. [Operator Instructions] As a reminder, this conference is being recorded.

Affiliated Managers Group, Inc. (AMG) Q2 2024 Earnings Call Transcript

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