Paragon Associates & Paragon Associates II Joint Venture Acquires Shares of 22,467 Affiliated Managers Group, Inc. $AMG

Paragon Associates & Paragon Associates II Joint Venture bought a new position in Affiliated Managers Group, Inc. (NYSE:AMG) during the third quarter, HoldingsChannel.com reports. The fund bought 22,467 shares of the asset manager’s stock, valued at approximately $5,357,000. Affiliated Managers Group accounts for 9.6% of Paragon Associates & Paragon Associates II Joint Venture’s portfolio, making the stock its 5th biggest position.

Other institutional investors and hedge funds have also made changes to their positions in the company. Norges Bank purchased a new stake in shares of Affiliated Managers Group during the second quarter valued at $71,779,000. Balyasny Asset Management L.P. increased its stake in Affiliated Managers Group by 3,811.8% in the 2nd quarter. Balyasny Asset Management L.P. now owns 311,383 shares of the asset manager’s stock worth $61,271,000 after buying an additional 303,423 shares during the period. Holocene Advisors LP purchased a new position in Affiliated Managers Group in the 2nd quarter worth about $19,865,000. Treasurer of the State of North Carolina lifted its holdings in Affiliated Managers Group by 124.5% during the 2nd quarter. Treasurer of the State of North Carolina now owns 96,177 shares of the asset manager’s stock valued at $18,925,000 after buying an additional 53,330 shares in the last quarter. Finally, Allianz Asset Management GmbH lifted its holdings in Affiliated Managers Group by 14.6% during the 3rd quarter. Allianz Asset Management GmbH now owns 393,161 shares of the asset manager’s stock valued at $93,741,000 after buying an additional 50,219 shares in the last quarter. 95.30% of the stock is currently owned by institutional investors.

Key Stories Impacting Affiliated Managers Group

Here are the key news stories impacting Affiliated Managers Group this week:

• Positive Sentiment: AMG’s pivot into alternative strategies is producing record inflows, new partnerships and rising market share — the business is targeting roughly two-thirds of profits from alternatives, which supports longer‑term revenue diversification and margin upside. AMG Pivots Toward Alternatives Strategies
• Positive Sentiment: Analyst consensus remains skewed toward buy-side support — an industry roundup shows AMG with an average analyst rating of “Moderate Buy,” which could provide support if management continues to convert alternatives momentum into steady fee growth. Affiliated Managers Group Given Average Rating of Moderate Buy
• Neutral Sentiment: Zacks’ longer-term view still models growth beyond FY2026 — they project FY2027 at $24.40 and FY2028 at $26.66 per share, implying recovery over time even after near‑term cuts. No price-target change was cited in the note, and Zacks retains a “Hold” rating, so the downgrade is an EPS reforecast rather than a full scale revision to conviction.
• Negative Sentiment: Zacks Research issued broad downward revisions to AMG’s near-term EPS: multiple quarterly cuts across FY2026 and FY2027 (examples: FY2026 now $22.24 vs prior $27.94; FY2027 now $24.40 vs prior $32.27). Q1–Q4 estimates for 2026–2027 were trimmed materially (several quarters cut by 20–40% versus prior forecasts). Zacks keeps a “Hold” rating — the revisions signal weaker near‑term earnings power and are the primary reason shares are trading down today.

Affiliated Managers Group Stock Performance

Shares of Affiliated Managers Group stock opened at $286.90 on Friday. The company has a market capitalization of $7.65 billion, a PE ratio of 12.43, a P/E/G ratio of 0.48 and a beta of 1.18. The company has a 50-day simple moving average of $309.85 and a two-hundred day simple moving average of $270.22. Affiliated Managers Group, Inc. has a one year low of $139.22 and a one year high of $334.78. The company has a debt-to-equity ratio of 0.64, a quick ratio of 1.34 and a current ratio of 1.34.

Affiliated Managers Group (NYSE:AMG) last released its quarterly earnings results on Thursday, February 12th. The asset manager reported $9.48 earnings per share for the quarter, beating analysts’ consensus estimates of $8.75 by $0.73. Affiliated Managers Group had a net margin of 34.55% and a return on equity of 18.45%. The business had revenue of $556.60 million for the quarter, compared to analysts’ expectations of $578.54 million. During the same period last year, the business earned $6.53 EPS. The company’s revenue was up 6.2% compared to the same quarter last year. Research analysts expect that Affiliated Managers Group, Inc. will post 22.86 EPS for the current fiscal year.

Affiliated Managers Group Announces Dividend

The company also recently announced a quarterly dividend, which will be paid on Monday, March 9th. Investors of record on Monday, February 23rd will be given a dividend of $0.01 per share. The ex-dividend date of this dividend is Monday, February 23rd. This represents a $0.04 dividend on an annualized basis and a yield of 0.0%. Affiliated Managers Group’s dividend payout ratio is presently 0.17%.

Analyst Upgrades and Downgrades

A number of equities analysts have commented on the stock. Wall Street Zen upgraded shares of Affiliated Managers Group from a “buy” rating to a “strong-buy” rating in a research note on Saturday, February 21st. Weiss Ratings reaffirmed a “buy (b-)” rating on shares of Affiliated Managers Group in a research note on Wednesday, January 21st. TD Cowen reiterated a “buy” rating on shares of Affiliated Managers Group in a report on Wednesday, January 14th. Zacks Research cut Affiliated Managers Group from a “strong-buy” rating to a “hold” rating in a research note on Monday, December 15th. Finally, The Goldman Sachs Group raised their price objective on Affiliated Managers Group from $300.00 to $341.00 and gave the stock a “buy” rating in a report on Tuesday, January 6th. Seven equities research analysts have rated the stock with a Buy rating and one has assigned a Hold rating to the stock. Based on data from MarketBeat, Affiliated Managers Group currently has a consensus rating of “Moderate Buy” and an average price target of $350.14.

Affiliated Managers Group Profile

Affiliated Managers Group, Inc (NYSE: AMG) is a global asset management holding company that partners with boutique investment firms. Founded in 1993 and headquartered in West Palm Beach, Florida, AMG invests in and collaborates with independent investment managers to foster growth while preserving their entrepreneurial culture. Through equity stakes and strategic support, the company aims to enhance its affiliates’ distribution capabilities, operational infrastructure and access to capital.

The company’s core business activities include providing capital solutions, distribution services and operational support to affiliated investment firms.