AustralianSuper Pty Ltd Has $4.72 Million Position in Ameriprise Financial, Inc. $AMP

AustralianSuper Pty Ltd cut its holdings in Ameriprise Financial, Inc. (NYSE:AMP) by 40.1% in the third quarter, according to the company in its most recent Form 13F filing with the SEC. The institutional investor owned 9,606 shares of the financial services provider’s stock after selling 6,439 shares during the quarter. AustralianSuper Pty Ltd’s holdings in Ameriprise Financial were worth $4,719,000 at the end of the most recent reporting period.

A number of other institutional investors have also made changes to their positions in AMP. Whipplewood Advisors LLC grew its holdings in Ameriprise Financial by 71.0% during the 2nd quarter. Whipplewood Advisors LLC now owns 53 shares of the financial services provider’s stock worth $28,000 after acquiring an additional 22 shares during the last quarter. Salomon & Ludwin LLC raised its stake in shares of Ameriprise Financial by 115.4% in the second quarter. Salomon & Ludwin LLC now owns 56 shares of the financial services provider’s stock worth $30,000 after acquiring an additional 30 shares during the last quarter. Winnow Wealth LLC acquired a new position in shares of Ameriprise Financial during the second quarter worth approximately $32,000. Heartwood Wealth Advisors LLC acquired a new position in shares of Ameriprise Financial during the third quarter worth approximately $32,000. Finally, WFA of San Diego LLC acquired a new stake in shares of Ameriprise Financial in the second quarter valued at approximately $36,000. 83.95% of the stock is owned by institutional investors.

Analyst Upgrades and Downgrades

Several research analysts have issued reports on the company. Weiss Ratings reaffirmed a “buy (b-)” rating on shares of Ameriprise Financial in a report on Monday, December 29th. Morgan Stanley boosted their target price on Ameriprise Financial from $484.00 to $485.00 and gave the stock an “underweight” rating in a research report on Monday, December 22nd. Keefe, Bruyette & Woods decreased their price target on Ameriprise Financial from $550.00 to $530.00 and set a “market perform” rating on the stock in a report on Monday, November 3rd. BMO Capital Markets initiated coverage on Ameriprise Financial in a research report on Friday, October 3rd. They issued a “market perform” rating and a $525.00 price objective for the company. Finally, Argus dropped their price objective on Ameriprise Financial from $568.00 to $554.00 and set a “buy” rating for the company in a report on Thursday, November 13th. One equities research analyst has rated the stock with a Strong Buy rating, three have assigned a Buy rating, four have issued a Hold rating and two have assigned a Sell rating to the company. According to MarketBeat.com, the stock has an average rating of “Hold” and an average price target of $528.75.

Insider Transactions at Ameriprise Financial

In other Ameriprise Financial news, Director Robert Francis Sharpe, Jr. sold 1,500 shares of the company’s stock in a transaction that occurred on Friday, November 21st. The shares were sold at an average price of $450.94, for a total value of $676,410.00. Following the completion of the sale, the director owned 7,500 shares of the company’s stock, valued at approximately $3,382,050. This represents a 16.67% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website. Corporate insiders own 0.73% of the company’s stock.

Ameriprise Financial Stock Up 4.1%

NYSE:AMP opened at $520.16 on Friday. The company has a quick ratio of 0.68, a current ratio of 0.68 and a debt-to-equity ratio of 0.88. Ameriprise Financial, Inc. has a 12-month low of $396.14 and a 12-month high of $582.05. The stock’s fifty day simple moving average is $489.58 and its 200-day simple moving average is $492.28. The firm has a market capitalization of $48.33 billion, a P/E ratio of 14.26, a P/E/G ratio of 1.29 and a beta of 1.26.

Ameriprise Financial (NYSE:AMP) last released its earnings results on Thursday, January 29th. The financial services provider reported $10.83 earnings per share for the quarter, beating the consensus estimate of $10.33 by $0.50. Ameriprise Financial had a return on equity of 64.97% and a net margin of 20.12%.The firm had revenue of $4.90 billion for the quarter, compared to analyst estimates of $4.75 billion. During the same quarter in the prior year, the firm posted $9.54 earnings per share. The company’s quarterly revenue was up 10.2% on a year-over-year basis. Equities research analysts expect that Ameriprise Financial, Inc. will post 38.64 earnings per share for the current year.

Ameriprise Financial Announces Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Friday, February 27th. Investors of record on Monday, February 9th will be paid a dividend of $1.60 per share. The ex-dividend date of this dividend is Monday, February 9th. This represents a $6.40 annualized dividend and a yield of 1.2%. Ameriprise Financial’s dividend payout ratio (DPR) is presently 17.55%.

Key Headlines Impacting Ameriprise Financial

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

• Positive Sentiment: Q4 earnings beat: Adjusted operating EPS of $10.83 topped consensus and rose ~16% year-over-year; revenue of $4.90B also exceeded estimates — a core catalyst for the stock move. Ameriprise Stock Gains on Q4 Earnings Beat
• Positive Sentiment: Record client assets: Fee-generating assets/AUM reached all-time highs (reported $1.7T), which supports recurring fee revenue and scale economics for wealth management. Ameriprise profit rises as client assets hit record $1.7 trillion
• Positive Sentiment: Profitability and efficiency: High return on equity and strong net margins were highlighted in the results, reinforcing the quality of earnings and management’s expense discipline. Ameriprise press release / slide deck
• Positive Sentiment: Dividend maintained/increased cash return: Board declared a quarterly cash dividend of $1.60 per share payable Feb. 27 (record Feb. 9), which supports income-focused ownership. Dividend press release
• Neutral Sentiment: Investor materials and transparency: The company posted its earnings press release, slide deck and the earnings call transcript — useful for digging into segment trends and AUM composition but not immediate catalysts. Conference call / slide deck Earnings call transcript
• Negative Sentiment: Modest dividend yield and valuation context: The declared dividend implies a ~1.2% yield, which may disappoint income-focused investors; the stock is trading near its 12‑month highs, so some upside is already priced in and valuation (mid‑teens P/E) could limit near-term gains for value-sensitive buyers. Market data / valuation

About Ameriprise Financial

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.