Artisan Partners Asset Management Inc

Artisan Partners Asset Management Inc Stock Forecast & Price Prediction

Live Artisan Partners Asset Management Inc Stock (APAM) Price
$41.74

8

Ratings

  • Buy 1
  • Hold 5
  • Sell 2
Disclaimer : Analyst ratings and price forecasts are sourced from Wall St analysts and other experts. These projections are speculative and do not guarantee future stock performance. This information is for educational purposes only and should not be construed as advice to buy or sell any security.

Stock Price

$41.74

P/E Ratio

12.44

Volume Traded Today

$323,328

Dividend

$0.71

52 Week High/low

46.75/32.12

Artisan Partners Asset Management Inc Market Cap

$2.91B

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APAM Summary

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.

APAM Analyst Ratings

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.

APAM stock forecast by analyst

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

APAM Company Information

What They Do: Investment management services for diverse clients.

Business Model: The company generates revenue by managing investment portfolios for a variety of clients, including pension plans, trusts, and charitable organizations. It specializes in creating tailored equity and fixed income portfolios through fundamental analysis, investing in both growth and value stocks as well as non-investment grade corporate bonds.

Other Information: Founded in 1994 and headquartered in Milwaukee, Wisconsin, Artisan Partners has expanded its operations with offices in major U.S. cities and London. The firm focuses on both public equity and fixed income markets globally, catering to a wide range of institutional and non-institutional investors.
APAM
Artisan Partners Asset Management Inc (APAM)

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

Artisan Partners Asset Management Inc (APAM) Financial Data

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

$899.6M

Revenue From 2021

$1.23B

36.43 %
From Previous Year

Revenue From 2022

$993.3M

-19.06 %
From Previous Year

Revenue From 2023

$975.1M

-1.83 %
From Previous Year
  • Revenue TTM $1.03B
  • Operating Margin TTM 32.0%
  • Gross profit TTM $445.7M
  • Return on assets TTM 13.9%
  • Return on equity TTM 55.8%
  • Profit Margin 22.7%
  • Book Value Per Share 4.88%
  • Market capitalisation $2.91B
  • Revenue for 2021 $1.23B
  • Revenue for 2022 $993.3M
  • Revenue for 2023 $975.1M
  • EPS this year (TTM) $3.35

Artisan Partners Asset Management Inc (APAM) Latest News

News Image

Wed, 11 Sep 2024

Sentiment - NEUTRAL

Source - GlobeNewsWire

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.

News Image

Fri, 30 Aug 2024

Sentiment - NEUTRAL

Source - Reuters

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.

News Image

Mon, 19 Aug 2024

Sentiment - NEUTRAL

Source - GlobeNewsWire

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.

News Image

Fri, 09 Aug 2024

Sentiment - NEUTRAL

Source - GlobeNewsWire

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.

News Image

Wed, 24 Jul 2024

Sentiment - NEUTRAL

Source - Seeking Alpha

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.

News Image

Wed, 24 Jul 2024

Sentiment - NEGATIVE

Source - Zacks Investment Research

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.

...

APAM Frequently asked questions

The highest forecasted price for APAM is $50 from Kenneth Lee at RBC Capital.

The lowest forecasted price for APAM is $39 from from Citigroup

The APAM analyst ratings consensus are 1 buy ratings, 5 hold ratings, and 2 sell ratings.