Overview
AMG Q2 economic EPS rises 15% yr/yr
Net client cash flows exceed $8 bln
Co repurchased ~$100 mln in stock, totaling ~$273 mln in H1 2025
Outlook
Company expects ongoing demand for private markets and liquid alternatives
AMG sees strong capital position supporting future growth
Company anticipates generating shareholder value through strategic partnerships
AMG aims to invest in affiliates to drive future growth
Result Drivers
NET CLIENT CASH FLOWS - Driven by record inflows into alternatives, reflecting strength in private markets and demand for liquid alternative strategies
PARTNERSHIP EXPANSION - New partnership with Montefiore Investment diversifies AMG's business and expands participation in private markets
ECONOMIC EPS GROWTH - 15% increase attributed to disciplined capital allocation strategy and business momentum
Key Details
Metric
Beat/Miss
Actual
Consensus Estimate
Q2 EPS
$2.8
Q2 Net Income
$84.30 mln
Q2 Adjusted EBITDA
Beat
$219.70 mln
$219.50 mln (5 Analysts)
Q2 Assets Under Management
$771 bln
Analyst Coverage
The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 4 "strong buy" or "buy", 2 "hold" and no "sell" or "strong sell"
Wall Street's median 12-month price target for Affiliated Managers Group Inc is $221.00, about 4.7% above its July 30 closing price of $210.53
The stock recently traded at 8 times the next 12-month earnings vs. a P/E of 7 three months ago
Press Release: ID:nGNX4xKVhl
(This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)