Sei Investments Co. Grows Stake in Ameriprise Financial, Inc. $AMP

Sei Investments Co. increased its stake in shares of Ameriprise Financial, Inc. (NYSE:AMP) by 28.5% during the 1st quarter, according to the company in its most recent filing with the SEC. The fund owned 359,194 shares of the financial services provider’s stock after purchasing an additional 79,631 shares during the quarter. Sei Investments Co.’s holdings in Ameriprise Financial were worth $159,623,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors also recently bought and sold shares of AMP. Lido Advisors LLC lifted its position in Ameriprise Financial by 14.8% in the first quarter. Lido Advisors LLC now owns 12,250 shares of the financial services provider’s stock worth $5,444,000 after buying an additional 1,581 shares during the last quarter. First Trust Advisors LP increased its position in Ameriprise Financial by 18.7% during the first quarter. First Trust Advisors LP now owns 983,096 shares of the financial services provider’s stock valued at $436,888,000 after acquiring an additional 154,659 shares during the last quarter. Chase Investment Counsel Corp increased its position in Ameriprise Financial by 20.0% during the first quarter. Chase Investment Counsel Corp now owns 3,600 shares of the financial services provider’s stock valued at $1,599,000 after acquiring an additional 600 shares during the last quarter. Oslo Pensjonsforsikring AS purchased a new stake in shares of Ameriprise Financial in the first quarter valued at $202,000. Finally, Baader Bank Aktiengesellschaft bought a new stake in shares of Ameriprise Financial in the 1st quarter worth about $394,000. Hedge funds and other institutional investors own 83.95% of the company’s stock.

Ameriprise Financial Trading Down 0.9%

AMP stock opened at $522.14 on Friday. The company has a market capitalization of $46.94 billion, a PE ratio of 12.99, a P/E/G ratio of 0.94 and a beta of 1.16. Ameriprise Financial, Inc. has a 12 month low of $422.37 and a 12 month high of $550.18. The firm’s 50-day moving average is $475.03 and its 200 day moving average is $474.65. The company has a debt-to-equity ratio of 0.90, a current ratio of 0.66 and a quick ratio of 0.66.

Ameriprise Financial (NYSE:AMP) last released its quarterly earnings data on Thursday, July 23rd. The financial services provider reported $11.07 earnings per share (EPS) for the quarter, beating the consensus estimate of $10.81 by $0.26. The company had revenue of $4.90 billion during the quarter, compared to analysts’ expectations of $4.87 billion. Ameriprise Financial had a net margin of 20.57% and a return on equity of 62.88%. The firm’s quarterly revenue was up 11.6% on a year-over-year basis. During the same period in the previous year, the company earned $9.11 EPS. On average, research analysts anticipate that Ameriprise Financial, Inc. will post 43.74 EPS for the current year.

Ameriprise Financial Announces Dividend

The business also recently declared a quarterly dividend, which will be paid on Friday, August 21st. Stockholders of record on Monday, August 3rd will be paid a dividend of $1.70 per share. This represents a $6.80 annualized dividend and a dividend yield of 1.3%. The ex-dividend date of this dividend is Monday, August 3rd. Ameriprise Financial’s payout ratio is currently 16.91%.

Analyst Upgrades and Downgrades

Several brokerages recently commented on AMP. Weiss Ratings upgraded shares of Ameriprise Financial from a “hold (c+)” rating to a “buy (b-)” rating in a report on Friday, July 17th. Piper Sandler upped their target price on Ameriprise Financial from $471.00 to $518.00 and gave the company a “neutral” rating in a research note on Monday, July 13th. BMO Capital Markets increased their price target on Ameriprise Financial from $470.00 to $490.00 and gave the stock a “market perform” rating in a report on Friday, April 24th. Keefe, Bruyette & Woods initiated coverage on Ameriprise Financial in a research note on Friday, April 10th. They set a “hold” rating for the company. Finally, Jefferies Financial Group raised their price target on Ameriprise Financial from $636.00 to $645.00 and gave the stock a “buy” rating in a research note on Friday, July 10th. One research analyst has rated the stock with a Strong Buy rating, four have given a Buy rating, five have assigned a Hold rating and one has assigned a Sell rating to the company’s stock. According to data from MarketBeat, the stock presently has an average rating of “Hold” and a consensus target price of $553.67.

Ameriprise Financial News Summary

Here are the key news stories impacting Ameriprise Financial this week:

• Positive Sentiment: Ameriprise posted Q2 EPS of $11.07, topping Wall Street estimates, while revenue rose 11.6% year over year to $4.90 billion and also beat expectations. Ameriprise Financial Announces Second Quarter 2026 Results
• Positive Sentiment: Management highlighted strong revenue growth and record assets under management and administration, which suggests healthy fee-based earnings momentum and supported the upbeat tone around the quarter. Ameriprise Financial Inc (AMP) Q2 2026 Earnings Call Highlights: Strong Revenue Growth and …
• Positive Sentiment: The board declared a quarterly cash dividend of $1.70 per share, reinforcing Ameriprise’s shareholder-return profile and signaling confidence in cash generation. Ameriprise Financial Declares Regular Quarterly Dividend
• Neutral Sentiment: The quarter also showed higher expenses, which could temper some of the enthusiasm around the strong top-line performance. AMP Q2 Earnings Beat as Revenues Grow & AUM, AUA Touch Record Levels
• Negative Sentiment: Despite the earnings beat, the stock has moved down, suggesting investors may be taking profits or reacting to concerns that costs and margin pressures could limit upside from an otherwise solid quarter. Ameriprise Financial quarterly profit rises on higher fee income

Insider Buying and Selling

In other news, EVP Gerard P. Smyth sold 6,255 shares of the stock in a transaction on Thursday, May 14th. The stock was sold at an average price of $472.52, for a total transaction of $2,955,612.60. Following the transaction, the executive vice president owned 6,103 shares of the company’s stock, valued at approximately $2,883,789.56. This represents a 50.61% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this link. Also, Director Robert Francis Sharpe, Jr. sold 1,200 shares of the stock in a transaction dated Friday, May 8th. The stock was sold at an average price of $465.83, for a total transaction of $558,996.00. Following the transaction, the director owned 6,300 shares in the company, valued at approximately $2,934,729. The trade was a 16.00% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. 0.60% of the stock is currently owned by insiders.

Ameriprise Financial Company Profile

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.