Aristotle Capital Management LLC Sells 100,253 Shares of Ameriprise Financial, Inc. $AMP

Aristotle Capital Management LLC trimmed its position in shares of Ameriprise Financial, Inc. (NYSE:AMP) by 4.3% during the 1st quarter, HoldingsChannel.com reports. The firm owned 2,211,677 shares of the financial services provider’s stock after selling 100,253 shares during the period. Ameriprise Financial makes up about 2.1% of Aristotle Capital Management LLC’s holdings, making the stock its 12th biggest holding. Aristotle Capital Management LLC’s holdings in Ameriprise Financial were worth $982,906,000 as of its most recent filing with the SEC.

A number of other large investors have also added to or reduced their stakes in AMP. Healthcare of Ontario Pension Plan Trust Fund boosted its holdings in shares of Ameriprise Financial by 191.2% in the first quarter. Healthcare of Ontario Pension Plan Trust Fund now owns 280,033 shares of the financial services provider’s stock worth $124,447,000 after buying an additional 183,856 shares during the last quarter. Renaissance Technologies LLC increased its position in Ameriprise Financial by 88.3% during the first quarter. Renaissance Technologies LLC now owns 145,000 shares of the financial services provider’s stock valued at $64,438,000 after acquiring an additional 68,000 shares during the last quarter. Gabelli Funds LLC lifted its position in shares of Ameriprise Financial by 2.1% during the first quarter. Gabelli Funds LLC now owns 5,353 shares of the financial services provider’s stock worth $2,379,000 after purchasing an additional 111 shares during the last quarter. Modern Wealth Management LLC grew its holdings in Ameriprise Financial by 6.3% during the 1st quarter. Modern Wealth Management LLC now owns 1,596 shares of the financial services provider’s stock worth $697,000 after acquiring an additional 94 shares in the last quarter. Finally, Arrowstreet Capital Limited Partnership purchased a new stake in shares of Ameriprise Financial during the 1st quarter worth $10,728,000. Institutional investors own 83.95% of the company’s stock.

Insider Activity

In other news, Director Robert Francis Sharpe, Jr. sold 1,200 shares of Ameriprise Financial stock in a transaction dated Friday, May 8th. The shares were sold at an average price of $465.83, for a total transaction of $558,996.00. Following the sale, the director directly owned 6,300 shares in the company, valued at approximately $2,934,729. The trade was a 16.00% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. Also, EVP Gerard P. Smyth sold 6,255 shares of Ameriprise Financial stock in a transaction on Thursday, May 14th. The shares were sold at an average price of $472.52, for a total value of $2,955,612.60. Following the transaction, the executive vice president directly owned 6,103 shares of the company’s stock, valued at approximately $2,883,789.56. The trade was a 50.61% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Company insiders own 0.60% of the company’s stock.

Wall Street Analyst Weigh In

AMP has been the subject of a number of research reports. BMO Capital Markets boosted their target price on shares of Ameriprise Financial from $470.00 to $490.00 and gave the company a “market perform” rating in a research report on Friday, April 24th. Jefferies Financial Group increased their price objective on shares of Ameriprise Financial from $636.00 to $645.00 and gave the stock a “buy” rating in a research report on Friday, July 10th. Piper Sandler increased their price target on Ameriprise Financial from $471.00 to $518.00 and gave the company a “neutral” rating in a research report on Monday, July 13th. Weiss Ratings raised Ameriprise Financial from a “hold (c+)” rating to a “buy (b-)” rating in a research report on Friday, July 17th. Finally, Keefe, Bruyette & Woods lifted their target price on Ameriprise Financial from $515.00 to $545.00 and gave the company a “market perform” rating in a research note on Friday. One equities research analyst has rated the stock with a Strong Buy rating, four have assigned a Buy rating, four have given a Hold rating and one has assigned a Sell rating to the stock. According to data from MarketBeat.com, Ameriprise Financial currently has an average rating of “Moderate Buy” and a consensus target price of $555.33.

Ameriprise Financial Trading Up 1.7%

NYSE:AMP opened at $528.79 on Friday. Ameriprise Financial, Inc. has a 52 week low of $422.37 and a 52 week high of $550.18. The business’s 50 day moving average is $476.19 and its two-hundred day moving average is $475.03. The company has a quick ratio of 0.66, a current ratio of 0.71 and a debt-to-equity ratio of 0.99. The company has a market cap of $47.54 billion, a PE ratio of 12.75, a P/E/G ratio of 0.93 and a beta of 1.16.

Ameriprise Financial (NYSE:AMP) last released its quarterly earnings results on Thursday, July 23rd. The financial services provider reported $11.07 EPS for the quarter, topping analysts’ consensus estimates of $10.81 by $0.26. The company had revenue of $4.90 billion for the quarter, compared to the consensus estimate of $4.87 billion. Ameriprise Financial had a net margin of 20.24% and a return on equity of 64.19%. Ameriprise Financial’s revenue was up 11.6% on a year-over-year basis. During the same period in the previous year, the firm earned $9.11 EPS. On average, analysts predict that Ameriprise Financial, Inc. will post 43.74 EPS for the current year.

Ameriprise Financial Dividend Announcement

The business also recently disclosed a quarterly dividend, which will be paid on Friday, August 21st. Stockholders of record on Monday, August 3rd will be issued a dividend of $1.70 per share. The ex-dividend date of this dividend is Monday, August 3rd. This represents a $6.80 dividend on an annualized basis and a dividend yield of 1.3%. Ameriprise Financial’s dividend payout ratio is currently 16.91%.

Key Ameriprise Financial News

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

• Positive Sentiment: Ameriprise beat Q2 estimates, reporting EPS of $11.07 versus expectations of $10.81 and revenue of $4.90 billion versus $4.87 billion expected, with revenue up 11.6% year over year. Stronger fee income and record AUM/AUA levels suggest healthy operating momentum. Ameriprise Financial Announces Second Quarter 2026 Results
• Positive Sentiment: Management highlighted growth and return on equity on the earnings call, reinforcing the view that the company is executing well despite a higher expense environment. Ameriprise Earnings Call Highlights ROE and Growth
• Positive Sentiment: Keefe, Bruyette & Woods raised its price target on AMP to $545 from $515, signaling improved valuation support even though the firm kept a market perform rating. Benzinga report on price target increase
• Neutral Sentiment: The board declared a quarterly dividend of $1.70 per share, payable August 21 to shareholders of record on August 3. This supports the stock’s income profile, but the announcement was largely expected. Ameriprise Financial Declares Regular Quarterly Dividend
• Neutral Sentiment: Reuters noted that second-quarter profit rose on higher fee income, helped by a market rally that lifted the value of fee-generating assets. Ameriprise Financial quarterly profit rises on higher fee income

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.