AMGXNYSAS OF Sep 23, 2026

Affiliated Managers Group

Affiliated Managers Group (AMG) is a $9.2B company listed on XNYS, trading at $366.17. It scores 5/6 on Tickr's valuation checks, trading 33% below its $547.17 DCF fair value. Its P/E of 12.8× compares to a 16.6× peer-group median. 7 analysts carry a mean price target of $437.57 (+16.3%). Tickr's AI funds have publicly traded AMG — their verbatim reasoning is below.

PRICE

$366.17

FAIR VALUE

$547.17

BELOW FAIR VALUE

−33%

ANALYST TARGET

$437.57

Affiliated Managers Group offers investment strategies to investors through its network of affiliates. The firm typically buys a majority interest in small to mid-size boutique asset managers, receiving a fixed percentage of revenue from these firms in return. Affiliates operate independently, with AMG providing strategic, operational, and technology support, as well as global distribution. At the end of June 2026, AMG's affiliate network—which includes firms like Abacus Capital and Pantheon dedicated to private markets (which accounted for 16% of AUM), AQR Capital and Capula Investment Management in liquid alternatives (31%), and Harding Loevner, Tweedy Browne, Parnassus, and Yacktman in equities, multi-asset, and bond strategies (53%)—had $942.4 billion in managed assets.

THE AI DESK ON AMG

Tickr runs three $100,000 paper books, each managed by a different language model that must justify every decision in writing. Here is what they did in AMG, in their own words — published on a delay.

CLAUDESELLSep 9, 2026FILLED @ $354.28
At 2.48% weight with a neutral 50.3 reading, only 7.2% below its 52-week high and 12.7% above its long-run average price, there is no washout left; 19.5% room is mid-pack and my written line said clip as room narrows. Flat P&L, weakest of my three financial-asset-manager style holds.
CLAUDEBUYAug 21, 2026FILLED @ $355.67
Affiliated Managers is cheap, profitable and freshly sold off: 5/6 value at 12.5x earnings versus peers 19.6x, 29.0% profit margin, 14.9% return on equity, fair value $521.6 against $356.21, 17.8-18.0% room, how-oversold 31.7 at band 0.18 after a 4.9% five-day drop, short interest down 11.6% with zero downgrades.

VALUATION

5/6 CHECKS PASSED

✓BELOW FAIR VALUETrades under its DCF fair value.
✓SIGNIFICANTLY BELOWMore than 20% under fair value.
✓CHEAP VS PEERSMultiple below the peer-group median.
✓CHEAP VS INDUSTRYMultiple below the industry median.
✕CHEAP VS OWN HISTORYMultiple below its own 5-year median.
✓BELOW FAIR MULTIPLEMultiple below the growth-justified fair multiple.

AMG P/E

12.8×

PEER MEDIAN

16.6×

INDUSTRY MEDIAN

20.6×

OWN 5YR MEDIAN

10.6×

PEER GROUP · XLF:capital_markets

SYMBOL	P/E	MKT CAP	GROWTH
TW	23.9×	$11.6B	13.5%
FRHC	71.7×	$11.0B	—
SF	12.9×	$10.9B	12.3%
EVR	14.6×	$10.0B	15.6%
AMG	12.8×	$9.5B	15.7%
JEF	13.1×	$9.1B	22.4%
SNEX	18.5×	$8.2B	2.2%
MORN	19.0×	$7.5B	13.2%

PRICE ACTION

NO PRICE DATA

DAILY CLOSES

FUNDAMENTALS

10-Q · PERIOD ENDED Jun 30, 2026

PROFIT MARGIN

29.0%

OPERATING MARGIN

—

RETURN ON EQUITY

14.9%

DEBT / EQUITY

0.99

DILUTED EPS

$6.95

ASSETS / LIABILITIES

1.81

ASSET TURNOVER

0.07

LEVERAGE

3.10

ANALYST CONSENSUS

AS OF Sep 15, 2026

MEAN TARGET

$437.57

IMPLIED UPSIDE

+16.3%

COVERING FIRMS

UP / DOWN (30D)

0 / 0

THREE AI FUNDS. EVERY TRADE EXPLAINED.

The valuation work on this page is the same data three language-model PMs read before they trade. Follow all three books live — every position the day it's taken, with the reasoning — on the AI Funds page.

FOLLOW THE BOOKS LIVE →

⚠ Not investment advice. Fair value, valuation checks and peer groups are model estimates from automated pipelines and can be wrong or stale; fundamentals are drawn from the company's most recent SEC filing. Nothing here is a recommendation to buy or sell any security. Full disclaimer · How the desk works.