<div id="readability-page-1"><p>First Trust Advisors LP grew its holdings in shares of  Affiliated Managers Group, Inc. (NYSE:AMG - Free Report) by 18.1% in the second quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm owned 234,679 shares of the asset manager's stock after acquiring an additional 36,045 shares during the period. First Trust Advisors LP owned 0.83% of Affiliated Managers Group worth $46,178,000 as of its most recent SEC filing.</p><p>Other hedge funds and other institutional investors also recently made changes to their positions in the company. Mitsubishi UFJ Asset Management Co. Ltd. boosted its position in shares of  Affiliated Managers Group by 428.0% during the 2nd quarter. Mitsubishi UFJ Asset Management Co. Ltd. now owns 132 shares of the asset manager's stock valued at $26,000 after purchasing an additional 107 shares in the last quarter.  BI Asset Management Fondsmaeglerselskab A S acquired a new position in  Affiliated Managers Group in the first quarter valued at approximately $36,000.  Thurston Springer Miller Herd &amp; Titak Inc. boosted its holdings in shares of  Affiliated Managers Group by 80.3% during the 2nd quarter. Thurston Springer Miller Herd &amp; Titak Inc. now owns 229 shares of the asset manager's stock worth $45,000 after buying an additional 102 shares in the last quarter.  AlphaCore Capital LLC acquired a new stake in shares of  Affiliated Managers Group during the 2nd quarter worth approximately $49,000.  Finally, EverSource Wealth Advisors LLC increased its stake in shares of  Affiliated Managers Group by 89.9% in the 2nd quarter. EverSource Wealth Advisors LLC now owns 281 shares of the asset manager's stock valued at $55,000 after acquiring an additional 133 shares in the last quarter. 95.30% of the stock is owned by institutional investors and hedge funds. </p><h2>Wall Street Analyst Weigh In</h2><p>AMG has been the topic of several research analyst reports. The Goldman Sachs Group increased their target price on shares of Affiliated Managers Group from $240.00 to $280.00 and gave the stock a &#34;buy&#34; rating in a research note on Monday, October 6th. Zacks Research raised shares of Affiliated Managers Group from a &#34;hold&#34; rating to a &#34;strong-buy&#34; rating in a research report on Friday, November 14th. Weiss Ratings  restated a &#34;buy (b-)&#34; rating on shares of Affiliated Managers Group in a research note on Wednesday, October 8th. Wall Street Zen raised Affiliated Managers Group from a &#34;hold&#34; rating to a &#34;buy&#34; rating in a research note on Saturday, November 8th. Finally, Cowen  reiterated a &#34;buy&#34; rating on shares of Affiliated Managers Group in a report on Tuesday, November 4th. One research analyst  has rated the stock with a Strong Buy rating and seven have issued  a Buy rating to the company. According to data from MarketBeat.com, the stock  has a consensus rating of &#34;Buy&#34; and an average price target of $290.33.</p><p><b>Read Our Latest Research Report on Affiliated Managers Group</b></p><h2>Affiliated Managers Group Stock Performance</h2><p>Shares of AMG opened at $270.14 on Tuesday. The firm has a market capitalization of $7.60 billion, a P/E ratio of 16.09, a P/E/G ratio of 0.61 and a beta of 1.22. Affiliated Managers Group, Inc. has a 52 week low of $139.22 and a 52 week high of $276.40. The stock has a 50 day moving average price of $250.48 and a two-hundred day moving average price of $223.59. The company has a debt-to-equity ratio of 0.56, a quick ratio of 1.30 and a current ratio of 1.30. </p><p>Affiliated Managers Group (NYSE:AMG - Get Free Report) last announced its earnings results on Monday, November 3rd. The asset manager reported $6.10 earnings per share (EPS) for the quarter, beating the consensus estimate of $5.88 by $0.22. Affiliated Managers Group had a return on equity of 16.75% and a net margin of 26.01%.The company had revenue of $528.00 million for the quarter, compared to analysts' expectations of $543.39 million. During the same quarter in the previous year, the firm earned $4.82 earnings per share. Affiliated Managers Group's quarterly revenue was up 2.2% on a year-over-year basis.  Equities analysts forecast that  Affiliated Managers Group, Inc. will post 22.86 earnings per share for the current fiscal year. </p><h2>Affiliated Managers Group Dividend Announcement</h2><p>The company also recently disclosed a quarterly dividend, which was paid on Friday, November 28th. Shareholders of record on Thursday, November 13th were issued a dividend of $0.01 per share. This represents a $0.04 dividend on an annualized basis and a yield of 0.0%. The ex-dividend date of this dividend was Thursday, November 13th. Affiliated Managers Group's payout ratio is currently 0.24%. </p><h2>Affiliated Managers Group Company Profile</h2> (Free Report)<p>Affiliated Managers Group, Inc, through its affiliates, operates as an investment management company providing investment management services to mutual funds, institutional clients,retails and high net worth individuals in the United States. It provides advisory or sub-advisory services to mutual funds.</p><h2>Featured Articles</h2><ul><li>Five stocks we like better than Affiliated Managers Group</li><li>There Are Different Types of Stock To Invest In</li><li>What Dollar Tree’s Surge and Home Depot’s Slide Say About Consumer Health</li><li>What Are the FAANG Stocks and Are They Good Investments?</li><li>3 Stocks Most Likely to Split in 2026</li><li>What Are Treasury Bonds?</li><li>ChargePoint's Comeback Story: Why This EV Stock Is Charging Up Again</li></ul><p><img src="https://imageproxy.pbkrs.com/https://www.marketbeat.com/scripts/SECFilingChart.ashx/query-UHJlZml4PU5ZU0UmU3ltYm9sPUFNRw?x-oss-process=image/auto-orient,1/interlace,1/resize,w_1440,h_1440/quality,q_95/format,jpg" width="650" height="350" original-src="https://imageproxy.pbkrs.com/https://www.marketbeat.com/scripts/SECFilingChart.ashx/query-UHJlZml4PU5ZU0UmU3ltYm9sPUFNRw"/></p><p><em>This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest reporting and unbiased coverage. Please send any questions or comments about this story to contact@marketbeat.com.</em></p><h2>Should You Invest $1,000 in Affiliated Managers Group Right Now?</h2><p>Before you consider Affiliated Managers Group, you'll want to hear this.</p><p>MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Affiliated Managers Group wasn't on the list.</p><p>While Affiliated Managers Group currently has a Buy rating among analysts, top-rated analysts believe these five stocks are better buys.</p><p>View The Five Stocks Here</p>                  </div>

<p>First Trust Advisors LP increased its stake in Affiliated Managers Group, Inc. by 18.1% in Q2, owning 0.83% of the company worth $46.18 million. Institutional investors hold 95.30% of AMG's stock. Analysts have given AMG a consensus "Buy" rating with a target price of $290.33. AMG's Q3 earnings per share were $6.10, beating estimates, with revenue up 2.2% year-over-year. The stock opened at $270.14, with a market cap of $7.60 billion.</p>

First Trust Advisors LP Has $46.18 Million Stake in Affiliated Managers Group, Inc. $AMG