Overview

* AMG Q2 economic EPS rises 15% yr/yr

* Net client cash flows exceed $8 bln

* Co repurchased ~$100 mln in stock, totaling ~$273 mln in H1 2025

Outlook

* Company expects ongoing demand for private markets and liquid alternatives

* AMG sees strong capital position supporting future growth

* Company anticipates generating shareholder value through strategic partnerships

* AMG aims to invest in affiliates to drive future growth

Result Drivers

* NET CLIENT CASH FLOWS - Driven by record inflows into alternatives, reflecting strength in private markets and demand for liquid alternative strategies

* PARTNERSHIP EXPANSION - New partnership with Montefiore Investment diversifies AMG's business and expands participation in private markets

* ECONOMIC EPS GROWTH - 15% increase attributed to disciplined capital allocation strategy and business momentum

Key Details

Metric Beat/Mis Actual Consensu

s s

Estimate

Q2 EPS $2.8

Q2 Net $84.30

Income mln

Q2 Beat $219.70 $219.50

Adjusted mln mln (5

EBITDA Analysts

)

Q2 $771 bln

Assets

Under

Manageme

nt

Analyst Coverage

* The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 4 "strong buy" or "buy", 2 "hold" and no "sell" or "strong sell"

* Wall Street's median 12-month price target for Affiliated Managers Group Inc ( AMG ) is $221.00, about 4.7% above its July 30 closing price of $210.53

* The stock recently traded at 8 times the next 12-month earnings vs. a P/E of 7 three months ago

Press Release:

(This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)