The Artisan Partners Asset Management Inc (APAM) share price is expected to increase by 0.93% over the next year. This is based on calculating the average 12-month share price estimate provided by 8 stock analysts who have covered APAM. Price targets range from $39 at the low end to $50 at the high end. The current analyst consensus for APAM is a hold. Please note analyst price targets are not guaranteed and could be missed completely.
Artisan Partners Asset Management Inc has a total of 8 Wall St Analyst ratings. There are 1 buy ratings, 5 ratings, and 2 sell ratings. Since most analysts have a hold consensus rating, the expectation is that Artisan Partners Asset Management Inc will generate similar returns as the market. Investors shouldn't rely purely on analyst ratings; we encourage investors to also take a look at the fundamental and technical analysis in their due diligence.
These are the latest 20 analyst ratings of APAM.
Analyst/Firm |
Rating |
Price Target |
Change |
Date |
---|---|---|---|---|
Alexander Blostein Goldman Sachs | Sell | $39.5 | Maintains | Oct 3, 2024 |
Kenneth Lee RBC Capital | Outperform | $50 | Reiterates | Jul 29, 2024 |
Bill Kirk TD Cowen | Hold | $39 | Maintains | Jul 25, 2024 |
Bill Kirk TD Cowen | Hold | $37 | Maintains | Jul 8, 2024 |
Bill Kirk TD Cowen | Market Perform | $41 | Initiates | Jan 4, 2024 |
Kenneth Lee RBC Capital | Outperform | $45 | Reiterates | Sep 28, 2023 |
Kenneth Lee RBC Capital | Outperform | $40 | Reiterates | May 4, 2023 |
Michael Brown Keefe, Bruyette & Woods | Market Perform | $37 | Maintains | May 4, 2023 |
Alexander Blostein Goldman Sachs | Sell | $27 | Downgrade | Mar 7, 2023 |
Michael Brown Keefe, Bruyette & Woods | Market Perform | $37 | Maintains | Feb 2, 2023 |
Bill Katz Credit Suisse | Neutral | $30 | Maintains | Feb 2, 2023 |
Kenneth Lee RBC Capital | Outperform | $39 | Maintains | Jan 31, 2023 |
Alexander Blostein Goldman Sachs | Neutral | $31 | Maintains | Nov 23, 2022 |
Kenneth Lee RBC Capital | Outperform | $35 | Maintains | Nov 7, 2022 |
William Katz Credit Suisse | Neutral | $25 | Initiates | Oct 19, 2022 |
Alexander Blostein Goldman Sachs | Neutral | $24 | Maintains | Oct 3, 2022 |
Alexander Blostein Goldman Sachs | Neutral | $30 | Maintains | Jul 14, 2022 |
Michael Brown Keefe, Bruyette & Woods | Market Perform | $38 | Maintains | Jun 29, 2022 |
Kenneth Lee RBC Capital | Outperform | $43 | Maintains | Apr 29, 2022 |
William Katz Citigroup | Neutral | $36.5 | Maintains | Apr 12, 2022 |
When did it IPO
2013
Staff Count
573
Country
United States
Sector/Industry
Financial Services/Asset Management
CEO
Mr. Eric Richard Colson C.F.A.
Market Cap
$2.91B
In 2023, APAM generated $975.1M in revenue, which was a decrease of -1.83% from the previous year. This can be seen as a signal that APAM's business is declining, and its share price could be worth less in the future. However, if the company grows faster (or slower) than expected, this could also have a major impact on the future share price.
Revenue From 2020
Revenue From 2021
Revenue From 2022
Revenue From 2023
Summary - As of August 31, 2024, Artisan Partners Asset Management reported preliminary assets under management of $166.2 billion, with $80.1 billion in funds and $86.1 billion in separate accounts.
Why It Matters - Artisan Partners' $166.2 billion AUM indicates strong growth, reflecting investor confidence and potential for increased revenue through management fees, influencing stock performance.
Summary - Artisan Partners Asset Management is pressuring Japan's Seven and i Holdings to update on Alimentation Couche-Tard's takeover bid by September 19.
Why It Matters - Increased pressure from Artisan Partners on Seven and i Holdings indicates potential changes in corporate strategy or valuation, affecting market sentiment and stock performance.
Summary - Artisan Partners Asset Management (NYSE: APAM) announced Craigh Cepukenas will step down from portfolio management at year-end 2024, remaining in an advisory role as managing director.
Why It Matters - Leadership changes in asset management can impact investment strategies and performance. Investors may reassess their confidence in Artisan Partners' future growth and risk profile.
Summary - As of July 31, 2024, Artisan Partners Asset Management reported preliminary assets under management of $162.7 billion, with $78.3 billion in Artisan Funds and $84.4 billion in separate accounts.
Why It Matters - Artisan Partners' AUM growth to $162.7 billion indicates strong investment performance and client demand, potentially boosting its stock value and attracting more investors.
Summary - Artisan Partners Asset Management Inc. (NYSE:APAM) will hold its Q2 2024 earnings conference call on July 24, 2024, at 1:00 PM ET, featuring key executives and analysts.
Why It Matters - Artisan Partners' Q2 2024 earnings call indicates upcoming financial insights that could affect stock performance and investor sentiment, impacting investment decisions.
Summary - Artisan Partners (APAM) reported Q2 results showing a decline in AUM and higher expenses, but growth in Global Funds and Separate accounts contributed to top-line growth.
Why It Matters - Declining AUM and rising expenses may indicate potential profitability issues for Artisan Partners, while growth in Global Funds and Separate accounts suggests areas of resilience and opportunity.