BMO Capital Markets Issues Positive Forecast for Ameriprise Financial (NYSE:AMP) Stock Price

Ameriprise Financial (NYSE:AMP) had its price objective lifted by BMO Capital Markets from $470.00 to $490.00 in a report released on Friday morning,Benzinga reports. They currently have a market perform rating on the financial services provider’s stock.

Other equities analysts also recently issued research reports about the stock. Raymond James Financial set a $582.00 target price on shares of Ameriprise Financial and gave the stock a “strong-buy” rating in a research note on Wednesday, February 11th. Keefe, Bruyette & Woods initiated coverage on shares of Ameriprise Financial in a research note on Friday, April 10th. They issued a “hold” rating for the company. Jefferies Financial Group lifted their target price on shares of Ameriprise Financial from $600.00 to $620.00 and gave the stock a “buy” rating in a research note on Monday, February 2nd. Weiss Ratings reiterated a “buy (b-)” rating on shares of Ameriprise Financial in a research note on Monday, December 29th. Finally, Royal Bank Of Canada reiterated an “outperform” rating and issued a $605.00 target price (up from $580.00) on shares of Ameriprise Financial in a research note on Monday, February 2nd. One research analyst has rated the stock with a Strong Buy rating, four have issued a Buy rating, five have given a Hold rating and one has given a Sell rating to the company’s stock. According to MarketBeat, the company has a consensus rating of “Hold” and an average price target of $540.33.

Ameriprise Financial Stock Performance

Shares of AMP stock opened at $463.70 on Friday. The firm has a market cap of $42.28 billion, a price-to-earnings ratio of 11.53, a P/E/G ratio of 1.13 and a beta of 1.27. The company has a debt-to-equity ratio of 0.86, a quick ratio of 0.68 and a current ratio of 0.68. The firm’s 50-day simple moving average is $454.55 and its two-hundred day simple moving average is $474.57. Ameriprise Financial has a 52 week low of $422.37 and a 52 week high of $550.18.

Ameriprise Financial (NYSE:AMP) last posted its earnings results on Thursday, April 23rd. The financial services provider reported $11.26 earnings per share for the quarter, topping the consensus estimate of $10.21 by $1.05. The firm had revenue of $4.77 billion during the quarter, compared to the consensus estimate of $4.82 billion. Ameriprise Financial had a net margin of 20.57% and a return on equity of 62.51%. The company’s revenue was up 9.7% on a year-over-year basis. During the same quarter last year, the company earned $9.50 earnings per share. As a group, equities analysts forecast that Ameriprise Financial will post 41.06 earnings per share for the current year.

Ameriprise Financial Increases Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Friday, May 22nd. Investors of record on Monday, May 4th will be paid a dividend of $1.70 per share. This is an increase from Ameriprise Financial’s previous quarterly dividend of $1.60. This represents a $6.80 annualized dividend and a yield of 1.5%. The ex-dividend date of this dividend is Monday, May 4th. Ameriprise Financial’s dividend payout ratio is presently 17.60%.

Insider Activity at Ameriprise Financial

In related news, insider Gumer Alvero sold 4,658 shares of the business’s stock in a transaction that occurred on Monday, February 9th. The shares were sold at an average price of $542.88, for a total transaction of $2,528,735.04. Following the completion of the transaction, the insider owned 4,621 shares of the company’s stock, valued at approximately $2,508,648.48. The trade was a 50.20% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. Also, CFO Walter Stanley Berman sold 7,000 shares of the business’s stock in a transaction that occurred on Thursday, February 5th. The shares were sold at an average price of $544.22, for a total transaction of $3,809,540.00. Following the transaction, the chief financial officer directly owned 5,609 shares of the company’s stock, valued at approximately $3,052,529.98. This represents a 55.52% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Over the last 90 days, insiders sold 16,658 shares of company stock valued at $8,998,675. Corporate insiders own 0.60% of the company’s stock.

Hedge Funds Weigh In On Ameriprise Financial

Several hedge funds have recently bought and sold shares of AMP. Norges Bank purchased a new position in Ameriprise Financial during the fourth quarter valued at approximately $742,438,000. AQR Capital Management LLC grew its stake in Ameriprise Financial by 84.2% during the fourth quarter. AQR Capital Management LLC now owns 1,085,889 shares of the financial services provider’s stock valued at $532,455,000 after acquiring an additional 496,319 shares in the last quarter. M&T Bank Corp grew its stake in Ameriprise Financial by 1,440.2% during the fourth quarter. M&T Bank Corp now owns 466,151 shares of the financial services provider’s stock valued at $228,572,000 after acquiring an additional 435,885 shares in the last quarter. First Trust Advisors LP grew its stake in Ameriprise Financial by 85.5% during the fourth quarter. First Trust Advisors LP now owns 828,437 shares of the financial services provider’s stock valued at $406,216,000 after acquiring an additional 381,754 shares in the last quarter. Finally, Qube Research & Technologies Ltd grew its stake in Ameriprise Financial by 140.5% during the third quarter. Qube Research & Technologies Ltd now owns 471,867 shares of the financial services provider’s stock valued at $231,805,000 after acquiring an additional 275,659 shares in the last quarter. Hedge funds and other institutional investors own 83.95% of the company’s stock.

Key Headlines Impacting Ameriprise Financial

Here are the key news stories impacting Ameriprise Financial this week:

• Positive Sentiment: Q1 earnings beat — Ameriprise reported $11.26 EPS vs. consensus ~$10.2 and saw revenue +9.7% year-over-year with AUM growth, supporting the stronger-than-expected profit print. Ameriprise Q1 Earnings Beat as Revenues & AUM Grow Y/Y
• Positive Sentiment: Dividend bump — Board raised the quarterly cash dividend to $1.70 (≈6.2% increase), reinforcing capital-return policy and income appeal for shareholders. Ameriprise Financial Increases Regular Quarterly Dividend 6 Percent
• Positive Sentiment: Analyst note — BMO raised its price target to $490 (market-perform), signaling modest upside from current levels and some analyst confidence after results. BMO Raises AMP Price Target to $490
• Neutral Sentiment: Earnings call/transcript available — Management commentary and the call transcript provide more details on revenue drivers, expense trends and guidance nuance for investors to parse. Ameriprise (AMP) Q1 2026 Earnings Transcript
• Neutral Sentiment: Valuation pieces circulating — Several outlets are reassessing AMP’s valuation after mixed share performance; useful for longer-term positioning but not immediate catalysts. Assessing Ameriprise Financial (AMP) Valuation After Recent Mixed Share Price Performance
• Negative Sentiment: Expenses and revenue miss — While EPS beat, revenue came in slightly below consensus ($4.77B vs. ~$4.82B) and rising expenses were flagged as tempering margin gains — a short-term profit-risk. Ameriprise Q1 Press Release / Slide Deck
• Negative Sentiment: Reported data incident — A report indicates ~47,876 Americans were warned after hackers hit an NYSE-listed firm, placing personal/financial data at risk; if this involves Ameriprise it could lead to reputational, remediation and regulatory costs. 47,876 Americans Warned After Hackers Hit NYSE-Listed Firm, Placing Personal and Financial Data at Risk

About Ameriprise Financial

Ameriprise Financial, Inc is a diversified financial services company headquartered in Minneapolis, Minnesota. The firm provides a range of advice-based wealth management, asset management and insurance products to individual and institutional clients. Its business model centers on delivering financial planning and investment advice through a network of financial advisors alongside proprietary product offerings designed to meet retirement, protection and accumulation needs.

Core products and services include comprehensive financial planning and advisory services, managed investment portfolios, retirement planning solutions, annuities and life insurance products.