Assets Under ManagementAMG’s aggregate assets under management were $728.4 billion as of September 30, 2024, up 14.6% YOY, above the FactSet consensus.
Earnings GrowthEconomic EPS increased 18.1% to $4.82, benefiting from the positive impact of share repurchases over the past 12 months.
Investment RatingMaintaining OUTPERFORM rating, shares are trading at a discount to its peer group average, representing approximately 13% upside from current levels.