Markets· August 16, 2026 at 01:00 p.m.
Affiliated Managers Group Posts Record Growth in Q2, Driven by Alternative Investments
Key takeaways
- AMG reported record assets under management of $942.4 billion
- Alternative investments now generate over 60% of AMG's earnings
- The company repurchased $189 million of stock in Q2
Despite the strong Q2 results, the consensus 12-month price target sits at $370.86, roughly flat with recent prices. With a quarterly dividend of just 1 cent per share, AMG has been aggressive about returning capital to shareholders through buybacks, repurchasing $189 million of stock in Q2 and $375 million over the first half of 2026.
