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Affiliated Managers Group, Inc. (AMG)

Investment Advice

Latest Price
$393.24
TTM P/E
13.78
Normalized P/E
19.55
TTM Div Yield
0.01%
Fwd Div Yield
0.01%
Book Value
115.02
P/B Ratio
3.42

Valuation metrics

adjust assumptions →
EPS: $22.74
Book value / share: $119.94
Formula: √(22.5 × EPS × BVPS)
Graham Number
$247.73
37% downside
Norm. op. income: $1.2B (median of 7yr)
Tax rate: 20%
Discount rate: 10%
Growth assumption: zero (EPV is a no-growth value)
Earnings Power Value
$274.49
30% downside
Base FCF: $967M (median of recent 5yr)
Growth: 6%/yr (median YOY, capped at 25%)
Discount rate: 10%
Terminal growth: 3%
Projection horizon: 10 years
DCF Fair Value
$576.95
+48% upside
EPS: $22.74
Target P/E: 19×
Formula: EPS × P/E
P/E Fair Value
$432.06
+11% upside

Institutional Ownership

96.3% held by institutions
InstitutionSharesValueOwnership %ChangeFiling Date
BlackRock, Inc.2.77M$938.0M10.66%-94.9K2026-06-30
Morgan Stanley1.49M$503.0M5.72%-245.3K2026-06-30
Vanguard Portfolio Management LLC1.39M$470.0M5.35%+32.0K2026-06-30
Vanguard Capital Management LLC1.15M$389.0M4.43%-23.7K2026-06-30
Boston Partners1.00M$339.0M3.85%+30.7K2026-06-30
Ariel Investments, LLC999.7K$338.0M3.84%-64.4K2026-06-30
State Street Corp883.3K$298.0M3.40%-43.4K2026-06-30
Millennium Management LLC875.1K$296.0M3.37%+869.7K2026-06-30
Fuller & Thaler Asset Management, Inc.857.8K$290.0M3.30%+97.5K2026-06-30
Dimensional Fund Advisors LP670.2K$226.0M2.58%-48.1K2026-06-30
View all institutional holders →