- Affiliated Managers reported assets under management (AUM) of $803.6 billion for the third quarter, marking a 10% year-over-year increase. This closely aligns with the estimated $806.17 billion.
- Economic earnings per share (EPS) reached $6.10, significantly higher than the previous year’s $4.82 and exceeding the estimated $5.89.
- Adjusted EBITDA was reported at $250.9 million, representing a 17% increase compared to the previous year and surpassing the estimate of $240.6 million.
- Average AUM stood at $786.9 billion, an 11% increase year-over-year and above the estimate of $776.83 billion.
- The company experienced strong client demand for its Affiliates’ alternative strategies, resulting in approximately $9 billion in net inflows for the quarter and $17 billion year-to-date.
- Market sentiment reflects 6 buy ratings, 1 hold, and 1 sell on the company’s stock.
A look at Affiliated Managers Smart Scores
| Factor | Score | Magnitude |
|---|---|---|
| Value | 3 | |
| Dividend | 2 | |
| Growth | 3 | |
| Resilience | 4 | |
| Momentum | 5 | |
| OVERALL SMART SCORE | 3.4 |
Smart Score is a compound score for the Company indicating its overall outlook. It is derived by taking an equally weighted average of underlying Factor scores computed by Smartkarma
Based on the Smartkarma Smart Scores, Affiliated Managers Group, Inc. shows a promising long-term outlook. With a high score in Momentum and Resilience, the company demonstrates strong potential for growth and the ability to weather market challenges. Additionally, its Value and Growth scores indicate solid fundamentals and a balanced approach to investment strategies. While the Dividend score is not as high, the overall outlook remains positive for Affiliated Managers.
Affiliated Managers Group, Inc. is a global asset management company that specializes in investing in boutique investment management firms. The company stands out for its unique approach, allowing the invested firms to operate independently while receiving support in crucial areas like strategy, marketing, and product development. With solid Smartkarma Smart Scores across various factors, Affiliated Managers seems well-positioned for sustainable growth and resilience in the long term.
Disclaimer: This article by Smartkarma is general in nature and based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. Note that our articles may not factor in the latest price-sensitive company announcements or qualitative material.
While all reasonable care has been taken in the preparation, Smartkarma makes no assurance about the accuracy of any generated data or content. All content is indicative only and should be independently checked for accuracy and confirmed before use. Smartkarma accepts no responsibility for any loss or damage caused as a result of any inaccuracy or error within the Lab online tools or generated data.
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