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AMG

AFFILIATED MANAGERS GROUP, INC.

At today's price, AFFILIATED MANAGERS GROUP, INC. (AMG) is priced for +4.3% earnings growth. boothcheck doesn't publish a fair value or a price target; it shows what the price assumes, so you can judge whether that bar is too high. Built from SEC EDGAR filings.

Live priced in
+4.3% earnings growth
Priced In
within-range

Key Takeaways

• Affiliated Managers does not run money so much as own slices of firms that do: it holds structured partnership interests in independent boutiques, and its earnings track the fee economics of those Affiliates rather than any single strategy. • The composition of those fees is the swing factor, and it cuts both ways: 2025 aggregate fees reached $6,167.5 million, up 18%, led by alternatives, while long-only equities bled roughly $9 billion of net outflows in the most recent quarter, so the mix sh

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Institutional ownership

525 institutional managers reported holding AMG in 13F filings for the quarter ended 2026-03-31. Together they hold about 90% of the company; the top 10 hold 47%. 78 opened new positions that quarter. Held by BlackRock, Vanguard Group, Morgan Stanley, among others. On the short side, 1.3M shares were sold short as of the 2026-06-15 count, about 5% of shares outstanding (3.2 days of typical volume to cover).

Quarterly 13F filings arrive up to 45 days after quarter end, so the picture is never current (filed through 2026-05-29). Nothing here is investment advice.

Capital returns

AMG has cut its share count 35.6% over the past five years, spending $2.87B on repurchases. It pays a dividend, and has for 9 years running; the current rate is $0.04 a share annually. Cash returned over the past three years: $3.10M in dividends and $1.91B in repurchases.

Share counts are split-adjusted; repurchase totals are gross of share issuance. Nothing here is investment advice.

Insider activity

Open-market insider buys at AMG over the trailing three years: 2026: 1 buy totaling $229k. 13 officers and directors are on file.

Code P open-market purchases from SEC Form 4 filings, non-derivative, excluding scheduled 10b5-1 plans. Nothing here is investment advice.

Earnings reactions

AMG's recent reports: the day-one move, then what the following quarter actually did.

reportday onenext quarter
2023-08-08-13.5%-4.6%
2023-11-07+1.7%+14.3%
2024-02-17+3.0%+1.1%
2024-05-08-3.0%+1.8%

Day-one is the close-to-close move around the filing. Nothing here is investment advice.

Recent filings

AMG's latest 8-K filings: 2026-06-09 (items 1.01, 2.03, 9.01); 2026-05-28 (items 5.07); 2026-05-01 (items 2.02, 8.01, 9.01); 2026-02-26 (items 5.02, 7.01, 9.01); 2026-02-12 (items 2.02, 8.01, 9.01).

Item codes are the SEC's own classification of what each report discloses. Nothing here is investment advice.

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Last analyzed: June 27, 2026

For informational and research purposes only. Not investment advice. Not a recommendation to buy, sell, or hold any security. boothcheck is not a registered investment adviser. Past performance does not guarantee future results.