APAM Stock Overview
Artisan Partners Asset Management Inc. is publicly owned investment manager.
Artisan Partners Asset Management Competitors
Price History & Performance
|Historical stock prices|
|Current Share Price||US$44.73|
|52 Week High||US$57.65|
|52 Week Low||US$44.34|
|1 Month Change||-9.71%|
|3 Month Change||-13.75%|
|1 Year Change||-2.74%|
|3 Year Change||75.96%|
|5 Year Change||47.87%|
|Change since IPO||15.73%|
Recent News & Updates
Artisan Partners: Organic Future Growth With An 8.66% Dividend Yield
Artisan can be a great choice for both income and growth investors as the stock is undervalued at the moment. APAM is less exposed to the asset management sector’s emerging risk of passive investment vehicles compared to its peers. Dividend payments seem stable, secure, and dividend sustainability is the management’s priority.
Does Artisan Partners Asset Management (NYSE:APAM) Deserve A Spot On Your Watchlist?
It's only natural that many investors, especially those who are new to the game, prefer to buy shares in 'sexy' stocks...
Artisan Partners Asset Management (NYSE:APAM) Is Paying Out A Larger Dividend Than Last Year
Artisan Partners Asset Management Inc. ( NYSE:APAM ) will increase its dividend on the 31st of August to US$1.00. This...
|APAM||US Capital Markets||US Market|
Return vs Industry: APAM underperformed the US Capital Markets industry which returned 50.4% over the past year.
Return vs Market: APAM underperformed the US Market which returned 23.3% over the past year.
|APAM Average Weekly Movement||4.7%|
|Capital Markets Industry Average Movement||0.7%|
|Market Average Movement||6.0%|
|10% most volatile stocks in US Market||15.0%|
|10% least volatile stocks in US Market||2.3%|
Stable Share Price: APAM is not significantly more volatile than the rest of US stocks over the past 3 months, typically moving +/- 5% a week.
Volatility Over Time: APAM's weekly volatility (5%) has been stable over the past year.
About the Company
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 Fundamentals Summary
|APAM fundamental statistics|
Is APAM overvalued?See Fair Value and valuation analysis
Earnings & Revenue
|APAM income statement (TTM)|
|Cost of Revenue||US$539.43m|
Last Reported Earnings
Sep 30, 2021
Next Earnings Date
|Earnings per share (EPS)||3.74|
|Net Profit Margin||25.18%|
How did APAM perform over the long term?See historical performance and comparison
9.5%Current Dividend Yield
Is Artisan Partners Asset Management undervalued compared to its fair value and its price relative to the market?
Undervalued compared to fair value
Share Price vs. Fair Value
Below Fair Value: APAM ($44.73) is trading below our estimate of fair value ($77.75)
Significantly Below Fair Value: APAM is trading below fair value by more than 20%.
Price To Earnings Ratio
PE vs Industry: APAM is good value based on its PE Ratio (12x) compared to the US Capital Markets industry average (15x).
PE vs Market: APAM is good value based on its PE Ratio (12x) compared to the US market (17.1x).
Price to Earnings Growth Ratio
PEG Ratio: Insufficient data to calculate APAM's PEG Ratio to determine if it is good value.
Price to Book Ratio
PB vs Industry: APAM is good value based on its PB Ratio (14.2x) compared to the US Capital Markets industry average (50.3x).
How is Artisan Partners Asset Management forecast to perform in the next 1 to 3 years based on estimates from 4 analysts?
Forecasted annual revenue growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: Insufficient data to determine if APAM's forecast earnings growth is above the savings rate (2%).
Earnings vs Market: Insufficient data to determine if APAM's earnings are forecast to grow faster than the US market
High Growth Earnings: Insufficient data to determine if earnings are expected to grow significantly over the next 3 years.
Revenue vs Market: APAM's revenue (7.4% per year) is forecast to grow slower than the US market (10.1% per year).
High Growth Revenue: APAM's revenue (7.4% per year) is forecast to grow slower than 20% per year.
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: APAM's Return on Equity is forecast to be very high in 3 years time (153.4%).
How has Artisan Partners Asset Management performed over the past 5 years?
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: APAM has high quality earnings.
Growing Profit Margin: APAM's current net profit margins (25.2%) are higher than last year (19.2%).
Past Earnings Growth Analysis
Earnings Trend: APAM's earnings have grown significantly by 33.3% per year over the past 5 years.
Accelerating Growth: APAM's earnings growth over the past year (81.8%) exceeds its 5-year average (33.3% per year).
Earnings vs Industry: APAM earnings growth over the past year (81.8%) underperformed the Capital Markets industry 87.1%.
Return on Equity
High ROE: APAM's Return on Equity (120.9%) is considered outstanding.
How is Artisan Partners Asset Management's financial position?
Financial Position Analysis
Short Term Liabilities: APAM's short term assets ($443.9M) exceed its short term liabilities ($225.7M).
Long Term Liabilities: APAM's short term assets ($443.9M) do not cover its long term liabilities ($664.9M).
Debt to Equity History and Analysis
Debt Level: APAM has more cash than its total debt.
Reducing Debt: APAM's debt to equity ratio has reduced from 166.2% to 54.1% over the past 5 years.
Debt Coverage: APAM's debt is well covered by operating cash flow (212.7%).
Interest Coverage: APAM's interest payments on its debt are well covered by EBIT (61x coverage).
What is Artisan Partners Asset Management current dividend yield, its reliability and sustainability?
Current Dividend Yield
Dividend Yield vs Market
Notable Dividend: APAM's dividend (9.46%) is higher than the bottom 25% of dividend payers in the US market (1.33%).
High Dividend: APAM's dividend (9.46%) is in the top 25% of dividend payers in the US market (3.57%)
Stability and Growth of Payments
Stable Dividend: APAM has been paying a dividend for less than 10 years and during this time payments have been volatile.
Growing Dividend: APAM's dividend payments have increased, but the company has only paid a dividend for 8 years.
Current Payout to Shareholders
Dividend Coverage: At its current payout ratio (78.1%), APAM's payments are covered by earnings.
Future Payout to Shareholders
Future Dividend Coverage: APAM's dividends in 3 years are forecast to be covered by earnings (88.5% payout ratio).
How experienced are the management team and are they aligned to shareholders interests?
Average management tenure
Eric Colson (52 yo)
Mr. Eric Richard Colson, CFA is the Chief Executive Officer at Artisan Partners Asset Management Inc. since March 2011 and Director since March 2011 and served as its President since March 2011 to January...
CEO Compensation Analysis
Compensation vs Market: Eric's total compensation ($USD7.53M) is above average for companies of similar size in the US market ($USD5.21M).
Compensation vs Earnings: Eric's compensation has increased by more than 20% in the past year.
Experienced Management: APAM's management team is considered experienced (4.8 years average tenure).
Experienced Board: APAM's board of directors are considered experienced (8.8 years average tenure).
Who are the major shareholders and have insiders been buying or selling?
Insider Trading Volume
Insider Buying: Insufficient data to determine if insiders have bought more shares than they have sold in the past 3 months.
Recent Insider Transactions
Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.
Artisan Partners Asset Management Inc.'s employee growth, exchange listings and data sources
- Name: Artisan Partners Asset Management Inc.
- Ticker: APAM
- Exchange: NYSE
- Founded: 1994
- Industry: Asset Management and Custody Banks
- Sector: Diversified Financials
- Implied Market Cap: US$3.573b
- Market Cap: US$2.917b
- Shares outstanding: 79.04m
- Website: https://www.artisanpartners.com
Number of Employees
- Artisan Partners Asset Management Inc.
- 875 East Wisconsin Avenue
- Suite 800
- United States
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2021/12/01 00:09|
|End of Day Share Price||2021/11/30 00:00|
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 here.