Ameriprise Financial, IncNYSE: AMP
Financials · Asset Management & Custody Banks
$467.77
-0.89%
Vol: 498K
Research Digest
Friday, June 19, 2026
No significant overnight updates
No material news in the last 48 hours.
Previous Market Intelligence
13 daysJun 18No significant overnight updatesNeutral▶
No material news in the last 48 hours.
Jun 17No significant overnight updatesNeutral▶
No material news in the last 48 hours.
Jun 16No significant overnight updatesNeutral▶
No material news in the last 48 hours.
Jun 15No significant overnight updatesNeutral▶
No material news in the last 48 hours.
Jun 14No significant overnight updatesNeutral▶
No material news in the last 48 hours.
May 21Ameriprise CIO William Davies to retire June 30; EVP Smyth sells $2.96M of stockNeutral▶
On May 20, 2026, Ameriprise announced that EVP and Global Chief Investment Officer William Davies will retire on June 30, 2026. Two days earlier, EVP Gerard P. Smyth sold 6,255 shares for $2,955,550 in an insider transaction. The company also raised its quarterly dividend 6% to $1.70, paid May 22. Piper Sandler raised its price target to $471 from $460 on May 4 following the Q1 beat.
May 20Ameriprise pays a 6%-higher $1.70/share quarterly dividend on May 22 while EVP Gerard Smyth sold $2.96M of stock (May 14) following a strong Q1 (EPS +19% to $11.26) and Piper Sandler/Morgan Stanley price-target hikes.Positive▶
Ameriprise Financial pays its newly increased quarterly dividend of $1.70/share (+6%) on May 22, 2026. The dividend hike follows strong Q1 2026 results: revenue of $4.77B (+10.8% YoY), net income near $915M, and adjusted operating EPS of a record $11.26 (+19% YoY) that beat consensus by ~10.5%. The Advice & Wealth Management segment grew revenue 14% and AUA 12%, supported by a new multiyear Huntington Bank partnership adding 260 advisors and $28B in assets. Analyst action: Piper Sandler raised the price target to $471 from $460 in early May, and Morgan Stanley raised to $467 from $452 on April 30. On May 14, EVP and Head of Technology and Service Delivery Gerard P. Smyth sold 6,255 shares for $2,955,607. The company was named one of Newsweek's Most Trustworthy Companies in America 2026. Risk: insider selling at all-time highs and rate-sensitive net interest dynamics.
May 19Ameriprise insider Smyth sold 6,255 shares on May 18 following May 12 director Sharpe sale of 1,200 shares totaling $558,996.Mixed▶
Ameriprise insider activity in May: Director Robert Sharpe sold 1,200 shares for $558,996 on May 12, 2026; EVP Gerard Smyth (Head of Technology & Service Delivery) sold 6,255 shares on May 18. Q1 2026 record adj. EPS of $11.26 (+19%) on revenue $4.77B beat estimates by 10.45%. Board increased quarterly dividend 6% to $1.70 payable May 22. New Huntington Bank multi-year partnership brings 260 advisors and $28B in assets; Advice & Wealth Management revenue +14% YoY. Piper Sandler raised PT to $471 from $460; Morgan Stanley to $467 from $452. Bear case: insider selling cluster and neutral consensus rating signal valuation concerns.
May 18No significant overnight updatesNeutral▶
No material news in the last 48 hours. Earlier May developments included a 6% quarterly dividend increase to $1.70 per share payable May 22, an $836M RIA launch from an affiliated team, and a director sale of 1,200 shares on May 12.
May 15Ameriprise Q1 2026 adjusted EPS jumps 19% to record $11.26; AUM hits $1.7T, Huntington adds $28B platformPositive▶
Ameriprise Financial reported Q1 2026 record adjusted operating EPS of $11.26 (+19% YoY) and revenue of $4.77 billion (+10.8% YoY, beating estimates by 2.1%). Assets under management, administration and advisement grew 12% to $1.7 trillion. Huntington National Bank selected Ameriprise as its new retail investment program provider, bringing ~260 advisors and ~$28 billion in assets. Advice & Wealth Management pretax earnings rose 20% to $951M (30% margin). The company raised its quarterly dividend 6% on April 23. Risk: advisor attrition and asset outflows linked to a client transition involving Comerica; ongoing passive-ETF migration pressures active asset management margins.
May 14Ameriprise insider director sells 1,200 shares for ~$559K after Q1 beat, dividend hike to $1.70 and price-target raises to $471 from Piper SandlerPositive▶
On May 12, 2026 Director Robert Francis Sharpe sold 1,200 shares of Ameriprise Financial at $465.83 in a transaction valued at approximately $558,996 per a Form 4 filing. The sale follows a strong Q1 2026 print of $4.77 billion in revenue and 19% adjusted EPS growth to $11.26, the May 4 dividend hike of 6% to $1.70 per share (payable May 22), and several PT increases including Piper Sandler to $471 and Morgan Stanley to $467. The Advice & Wealth Management segment grew revenue 14% YoY supported by the Huntington Bank partnership bringing 260 advisors and $28B in assets. Risk: rate-sensitive net interest revenue and equity-market dependency on AUM-based fees.
May 13State Street disclosed a 5.1% passive stake in Ameriprise Financial via Schedule 13G filing, alongside the May 22 dividend payment of $1.70/share following a 6% hike.Positive▶
State Street reported a 5.1% passive investment stake in Ameriprise Financial through a Schedule 13G SEC filing. Ameriprise's previously announced 6% quarterly dividend increase to $1.70 per share is payable on May 22, 2026 to shareholders of record on May 4. The company recently reported strong Q1 2026 results with net income of $915 million versus $583 million a year earlier, and diluted EPS of $9.68 versus $5.83 prior year. Piper Sandler raised its price target to $471 following the earnings beat. The stock closed at $463.70 on May 11, with a one-month return of 0.37%. Ameriprise also returned $886 million via share repurchases in the quarter.
May 12Ameriprise boosts quarterly dividend 6% to $1.70 and adds Huntington Bank partnership bringing 260 advisors and $28B AUMPositive▶
Ameriprise Q1 2026 adjusted EPS rose 19% to $11.26 on revenue of $4.89B (+9% YoY); net income up 57% YoY. Advice & Wealth Management segment revenue grew 14% YoY with 12% AUA growth, boosted by a new multiyear partnership with Huntington Bank bringing 260 advisors and ~$28B in assets. The board approved a 6% (+$0.10) increase in the quarterly dividend to $1.70/share payable May 22 to holders of record May 4. Piper Sandler raised PT to $471. Median analyst PT now $530 (~17% upside from $452.82).
Sector Peers
| Company | Price | Day | 1M | Fwd P/E | Beta | Mkt Cap |
|---|---|---|---|---|---|---|
| AMPAMERIPRISE | $467.77 | -0.89% | +6.1% | 10.2x | 1.16 | $44.0B |
| BLKBLACKROCK | $1,050.83 | -0.62% | +1.3% | 16.3x | 1.44 | $161.9B |
| BXBLACKSTONE | $124.01 | -0.80% | +8.7% | 16.3x | 1.58 | $150.1B |
| BKBANK | $137.16 | +0.00% | +0.0% | 14.2x | 1.07 | $94.1B |
| KKRKKR | $96.93 | -0.25% | +2.5% | 12.7x | 1.79 | $87.5B |
| APOAPOLLO | $137.79 | -0.81% | -3.3% | 11.2x | 1.50 | $68.4B |
Key Fundamentals
RSI (14-Day)
52-Week Range
Moving Averages
Price below 200d MA — bearish structure.