​

Artisan Partners Asset Management Inc.

NYSE:APAM Stock Report

Market Cap: US$3.8b

Artisan Partners Asset Management (APAM) Stock Overview

Artisan Partners Asset Management Inc. is publicly owned investment manager. More details

APAM fundamental analysis
Snowflake Score
Valuation4/6
Future Growth1/6
Past Performance5/6
Financial Health5/6
Dividends5/6

Rewards

Trading at 16.6% below our estimate of its fair value

Earnings are forecast to grow 7.4% per year

Earnings have grown 2.3% per year over the past 5 years

Trading at good value compared to peers and industry

Risk Analysis

Significant insider selling over the past 3 months

Unstable dividend track record


APAM Community Fair Values

Create Narrative

See what 25 others think this stock is worth. Follow their fair value or set your own to get alerts.

APAM logo
Artisan Partners Asset Management
AN
AnalystConsensusTarget
AnalystConsensusTarget
Consensus Narrative from 4 Analysts

Expanding Investment Strategies Will Squeeze Net Margins

Key Takeaways Expansion into more investment teams and strategies may strain resources and increase operational costs, impacting net margins. New launches and a focus on private wealth markets could compress margins, despite potential revenue growth, due to higher marketing and operational complexity.
View narrative
US$41.17
FV
10.3% overvalued intrinsic discount
0.26%
Revenue growth p.a.
0users have liked this narrative
0users have commented on this narrative
15users have followed this narrative
7 days ago author updated this narrative
APAM logo
Artisan Partners Asset Management
AN
AnalystHighTarget
AnalystHighTarget
Consensus Narrative from 4 Analysts

ESG And Digitization Will Reshape Active Management Despite Risks

Key Takeaways Expanding investment strategies and global distribution strengthens revenue potential, diversifies inflows, and reduces earnings volatility across economic cycles. Evolving to a proactive, digitally enabled sales culture is expected to boost client acquisition, cross-sell opportunities, and future margin expansion despite initial cost pressures.
View narrative
US$50.00
FV
9.2% undervalued intrinsic discount
7.00%
Revenue growth p.a.
0users have liked this narrative
0users have commented on this narrative
0users have followed this narrative
3 days ago author updated this narrative
View Artisan Partners Asset Management Community

Artisan Partners Asset Management Inc. Competitors

Price History & Performance

Summary of share price highs, lows and changes for Artisan Partners Asset Management
Historical stock prices
Current Share PriceUS$45.41
52 Week HighUS$49.54
52 Week LowUS$32.75
Beta1.68
1 Month Change7.33%
3 Month Change30.15%
1 Year Change4.82%
3 Year Change24.31%
5 Year Change30.68%
Change since IPO17.49%

Recent News & Updates

Recent updates

Artisan Partners Q1: Strong Start To 2025, Talented Team

May 16

Artisan Partners: Still A Worthwhile Investment In 2025?

Mar 11

Artisan Partners: Reliable Dividend At A Fair Price

Dec 13

Artisan Partners Asset Management's (NYSE:APAM) Shareholders Will Receive A Bigger Dividend Than Last Year

Nov 04
Artisan Partners Asset Management's (NYSE:APAM) Shareholders Will Receive A Bigger Dividend Than Last Year
author-image

Diversifying Into Emerging Markets And Alternatives Poised To Boost Sophisticated Investor Appeal And Revenue Growth

Expansion into alternatives and private assets, along with entry into emerging market debt, suggests a strategic diversification aimed at attracting sophisticated investors and increasing AUM.

Artisan Partners Asset Management (NYSE:APAM) Will Pay A Larger Dividend Than Last Year At $0.71

Jul 30
Artisan Partners Asset Management (NYSE:APAM) Will Pay A Larger Dividend Than Last Year At $0.71

Improved Earnings Required Before Artisan Partners Asset Management Inc. (NYSE:APAM) Shares Find Their Feet

Jun 25
Improved Earnings Required Before Artisan Partners Asset Management Inc. (NYSE:APAM) Shares Find Their Feet

Artisan Partners: An Impressive Asset Manager

Jun 24

Artisan Partners Asset Management's (NYSE:APAM) Dividend Will Be $0.61

May 01
Artisan Partners Asset Management's (NYSE:APAM) Dividend Will Be $0.61

Artisan Partners Asset Management: Still A Good Investment After A Runup

Jan 30

Investor Optimism Abounds Artisan Partners Asset Management Inc. (NYSE:APAM) But Growth Is Lacking

Jan 19
Investor Optimism Abounds Artisan Partners Asset Management Inc. (NYSE:APAM) But Growth Is Lacking

Artisan Partners Asset Management's (NYSE:APAM) Shareholders Will Receive A Bigger Dividend Than Last Year

Nov 04
Artisan Partners Asset Management's (NYSE:APAM) Shareholders Will Receive A Bigger Dividend Than Last Year

Artisan Partners Asset Management: Time To Let Go?

Oct 12

Artisan Partners Asset Management: A Proven Model Building Value For Investors

Jul 13

Artisan Partners Asset Management (NYSE:APAM) Is Reducing Its Dividend To $0.50

May 06
Artisan Partners Asset Management (NYSE:APAM) Is Reducing Its Dividend To $0.50

Artisan Partners Asset Management AUM up 8% M/M in January

Feb 09

Artisan Partners Asset Management's (NYSE:APAM) Shareholders Will Receive A Smaller Dividend Than Last Year

Feb 04
Artisan Partners Asset Management's (NYSE:APAM) Shareholders Will Receive A Smaller Dividend Than Last Year

Artisan Partners Asset Management Non-GAAP EPS of $0.65 beats by $0.03, revenue of $226M beats by $3.14M

Jan 31

Artisan Partners Asset Management AUM fall 4.2% in December

Jan 11

Artisan Partners AUM accelerates about 7% in November

Dec 09

Artisan Partners Asset Management announces October AUM

Nov 09

Artisan Partners Asset Management declares $0.06 dividend

Nov 01

Artisan Partners Asset Management falls 9% in September

Oct 11

Artisan Partners Asset Management AUM declines 2.8% in August

Sep 12

Artisan Partners Asset Management Non-GAAP EPS, revenue misses

Aug 02

Shareholder Returns

APAMUS Capital MarketsUS Market
7D-2.7%0.6%0.2%
1Y4.8%29.1%10.0%

Return vs Industry: APAM underperformed the US Capital Markets industry which returned 32.4% over the past year.

Return vs Market: APAM underperformed the US Market which returned 11.4% over the past year.

Price Volatility

Is APAM's price volatile compared to industry and market?
APAM volatility
APAM Average Weekly Movement3.9%
Capital Markets Industry Average Movement3.9%
Market Average Movement6.4%
10% most volatile stocks in US Market17.0%
10% least volatile stocks in US Market3.2%

Stable Share Price: APAM has not had significant price volatility in the past 3 months compared to the US market.

Volatility Over Time: APAM's weekly volatility (4%) has been stable over the past year.

About the Company

FoundedEmployeesCEOWebsite
1994584Jason Gottliebwww.artisanpartners.com

Artisan Partners Asset Management Inc. is publicly owned investment manager. It provides its services to pension and profit sharing plans, trusts, endowments, foundations, charitable organizations, government entities, private funds and non-U.S. funds, as well as mutual funds, non-U.S.

Artisan Partners Asset Management Inc. Fundamentals Summary

How do Artisan Partners Asset Management's earnings and revenue compare to its market cap?
APAM fundamental statistics
Market capUS$3.78b
Earnings (TTM)US$237.27m
Revenue (TTM)US$1.12b
13.5x
P/E Ratio
2.8x
P/S Ratio

Is APAM overvalued?

See Fair Value and valuation analysis

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
APAM income statement (TTM)
RevenueUS$1.12b
Cost of RevenueUS$599.01m
Gross ProfitUS$525.59m
Other ExpensesUS$288.32m
EarningsUS$237.27m

Last Reported Earnings

Mar 31, 2025

Next Earnings Date

Jul 29, 2025

Earnings per share (EPS)3.37
Gross Margin46.74%
Net Profit Margin21.10%
Debt/Equity Ratio39.7%

How did APAM perform over the long term?

See historical performance and comparison

Dividends

7.8%
Current Dividend Yield
84%
Payout Ratio

Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2025/07/15 14:05
End of Day Share Price 2025/07/15 00:00
Earnings2025/03/31
Annual Earnings2024/12/31

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* Example for US securities, for non-US equivalent regulatory forms and sources are used.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more.

Analysis Model and Snowflake

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on Github.

Analyst Sources

Artisan Partners Asset Management Inc. is covered by 11 analysts. 1 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
David ChiaveriniBMO Capital Markets Equity Research
Michael CarrierBofA Global Research
William KatzCitigroup Inc