AllianceBernstein (NYSE:AB – Get Free Report) is expected to be posting its Q2 2026 results before the market opens on Tuesday, July 28th. Analysts expect the company to post earnings of $0.86 per share and revenue of $907.6670 million for the quarter. Parties may review the information on the company’s upcoming Q2 2026 earning summary page for the latest details on the call scheduled for Tuesday, July 28, 2026 at 10:00 AM ET.
AllianceBernstein (NYSE:AB – Get Free Report) last posted its quarterly earnings data on Tuesday, April 28th. The asset manager reported $0.83 earnings per share for the quarter, missing analysts’ consensus estimates of $0.87 by ($0.04). The company had revenue of $871.13 million during the quarter, compared to analyst estimates of $894.70 million. AllianceBernstein had a net margin of 6.69% and a return on equity of 23.11%. The business’s revenue for the quarter was up 3.9% on a year-over-year basis. During the same quarter in the previous year, the company earned $0.80 earnings per share. On average, analysts expect AllianceBernstein to post $4 EPS for the current fiscal year and $4 EPS for the next fiscal year.
AllianceBernstein Stock Up 0.2%
Shares of NYSE:AB opened at $37.97 on Tuesday. The firm has a market cap of $3.55 billion, a P/E ratio of 11.68, a P/E/G ratio of 1.22 and a beta of 0.81. AllianceBernstein has a 12-month low of $34.92 and a 12-month high of $44.11. The business has a fifty day simple moving average of $36.98 and a 200 day simple moving average of $38.39.
AllianceBernstein Cuts Dividend
Wall Street Analyst Weigh In
A number of equities analysts recently commented on the company. Weiss Ratings lowered AllianceBernstein from a “buy (b-)” rating to a “hold (c+)” rating in a research note on Monday, June 29th. Evercore set a $39.00 target price on shares of AllianceBernstein in a research report on Friday, July 10th. TD Cowen raised their price target on shares of AllianceBernstein from $37.00 to $38.00 and gave the stock a “hold” rating in a report on Monday. Sanford C. Bernstein restated an “outperform” rating on shares of AllianceBernstein in a report on Friday, July 10th. Finally, Zacks Research upgraded shares of AllianceBernstein from a “strong sell” rating to a “hold” rating in a research report on Monday, June 29th. Two investment analysts have rated the stock with a Buy rating and five have given a Hold rating to the company. According to MarketBeat, AllianceBernstein presently has a consensus rating of “Hold” and an average target price of $39.50.
Read Our Latest Analysis on AllianceBernstein
Institutional Inflows and Outflows
Several hedge funds have recently made changes to their positions in AB. Goldman Sachs Group Inc. grew its stake in AllianceBernstein by 51.8% during the first quarter. Goldman Sachs Group Inc. now owns 916,574 shares of the asset manager’s stock worth $35,114,000 after purchasing an additional 312,878 shares during the period. Focus Partners Wealth increased its holdings in AllianceBernstein by 43.5% in the first quarter. Focus Partners Wealth now owns 27,375 shares of the asset manager’s stock worth $1,049,000 after purchasing an additional 8,304 shares in the last quarter. Ausdal Financial Partners Inc. acquired a new position in AllianceBernstein in the second quarter valued at approximately $210,000. Curi Capital LLC acquired a new position in AllianceBernstein in the second quarter valued at approximately $309,000. Finally, HRT Financial LP boosted its holdings in shares of AllianceBernstein by 438.1% during the 2nd quarter. HRT Financial LP now owns 108,143 shares of the asset manager’s stock worth $4,415,000 after buying an additional 88,045 shares in the last quarter. 19.25% of the stock is owned by institutional investors.
AllianceBernstein Company Profile
AllianceBernstein is a global investment management firm that offers a broad range of research-driven strategies across equities, fixed income, multi-asset solutions and alternative investments. The firm provides active and quantitative portfolio management, drawing on in-house research capabilities to serve the needs of institutional clients, private wealth investors and intermediaries. Its product lineup encompasses mutual funds, separately managed accounts and customized investment vehicles designed to meet diverse risk-return objectives.
The firm’s roots date back to 1967 with the founding of Sanford C.
Recommended Stories
- Five stocks we like better than AllianceBernstein
- The Ugliest Stocks in the Market Just Got a Very Expensive Vote of Confidence
- Is Domino’s Stock Serving Up a Buying Opportunity?
- A $1T Black Hole: SpaceX Eyes Pentagon AI to Break Free
- Why Gold Miners Could Be the Market’s Biggest Comeback Story
Receive News & Ratings for AllianceBernstein Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for AllianceBernstein and related companies with MarketBeat.com's FREE daily email newsletter.
