AMP: Share Repurchases And Advisory Expansion Will Support Measured Upside Potential

Analysts have modestly raised their price target on Ameriprise Financial to approximately $538.50 from about $532.18. This reflects slightly stronger revenue growth expectations, a marginally lower discount rate, and a higher anticipated future P/E multiple that more than offset a small downward revision to long term profit margins.

What's in the News

• Ameriprise Financial completed a tranche of its share repurchase program, buying back 1,337,785 shares, about 1.42% of outstanding, for $686.47 million between July 1 and September 30, 2025. This brings total repurchases under the April 24, 2025 authorization to 1,923,761 shares, or 2.03%, for $988.99 million (company buyback update).
• Financial advisory practice Harpland Financial Management joined Ameriprise’s branch channel from Wells Fargo Clearing Services, bringing more than $160 million in client assets and expanding Ameriprise’s presence in Houston, Texas (client announcement).
• The Harpland team cited Ameriprise’s advanced technology, integrated planning tools, and service support as key reasons for the move, underscoring the firm’s competitive positioning in attracting experienced advisors (client announcement).

Valuation Changes

• The Fair Value Estimate has risen slightly to approximately $538.50 from about $532.18, reflecting a modest upward revision in intrinsic value.
• The Discount Rate has fallen marginally to about 8.28% from roughly 8.30%, indicating a slightly lower assumed cost of equity.
• Revenue Growth has increased modestly to around 4.48% from about 4.43%, signaling a small upgrade to long term top line expectations.
• The Net Profit Margin has edged down slightly to roughly 18.58% from about 18.70%, incorporating more conservative long term profitability assumptions.
• The Future P/E has risen modestly to approximately 14.46x from about 14.23x, implying a slightly higher expected valuation multiple on future earnings.