Acadian Asset Management (NYSE:AAMI) Upgraded by Morgan Stanley to Equal Weight Rating

Posted by ABMN Staff on Apr 8th, 2025

Morgan Stanley upgraded shares of Acadian Asset Management (NYSE:AAMI – Free Report) from an underweight rating to an equal weight rating in a research note issued to investors on Monday morning, MarketBeat.com reports. The brokerage currently has $26.00 price objective on the stock, up from their prior price objective of $25.00.

Separately, Royal Bank of Canada reiterated a “sector perform” rating and issued a $27.00 target price on shares of Acadian Asset Management in a report on Monday, February 10th.

Read Our Latest Analysis on Acadian Asset Management

Acadian Asset Management Price Performance

NYSE AAMI opened at $23.38 on Monday. Acadian Asset Management has a 1 year low of $21.45 and a 1 year high of $31.52. The firm has a fifty day moving average of $25.10. The company has a market capitalization of $866.60 million, a PE ratio of 10.44 and a beta of 1.35.

Acadian Asset Management (NYSE:AAMI – Get Free Report) last announced its earnings results on Thursday, February 6th. The company reported $1.30 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $1.03 by $0.27. Acadian Asset Management had a return on equity of 1,000.27% and a net margin of 16.81%. On average, sell-side analysts predict that Acadian Asset Management will post 2.78 earnings per share for the current year.

Acadian Asset Management Dividend Announcement

The firm also recently announced a quarterly dividend, which was paid on Friday, March 28th. Stockholders of record on Friday, March 14th were issued a $0.01 dividend. The ex-dividend date of this dividend was Friday, March 14th. This represents a $0.04 dividend on an annualized basis and a dividend yield of 0.17%. Acadian Asset Management’s payout ratio is currently 1.79%.

Acadian Asset Management Company Profile

(Get Free Report)

Acadian Asset Management Inc is a publically owned asset management holding company. The firm provides its services to individuals and institutions. It manages separate client focused portfolios through its subsidiaries. The firm also launches equity mutual funds for its clients. It invests in public equity, fixed income, and alternative investment markets through its subsidiaries.