Andersen (ANDG)
Provides independent tax, valuation and financial-advisory services to private and institutional clients.
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Provides private-client, business-tax, alternative-investment-fund and valuation services to individuals, family offices, businesses and institutions. The non-audit advisory model operates as one segment and uses the Andersen Global association for worldwide reach.
Delivers private-client, business-tax, alternative-investment-fund, and valuation services—the firm's principal end-to-end offerings—to individuals, family offices, businesses, and institutional clients across the United States. Its independent, non-audit model provides tax, valuation, and financial-advisory work through a single operating segment.
U.S. service delivery is paired with access to Andersen Global, a separate Swiss association of member and collaborating firms. The listed issuer is selectively incorporating firms from that network into the public company, so the association is not the same legal entity.
Client delivery depends on attracting and retaining qualified professionals, including Managing Directors. The company has not offered audit or financial-statement attestation services since its founding.
Company facts
Target rangeAs of Sep 21, 2026
Latest analyst notes
| Date | Firm | Action | Prior | Current |
|---|---|---|---|---|
| Sep 8, 2026 | BMO Capital | Initiate | Rating: —Target: — | Target: $58 |
| Aug 31, 2026 | Robert W. Baird | Target | Target: $57 | Target: $64 |
| Aug 14, 2026 | Deutsche Bank | Reiterate | Rating: —Target: $41 | Target: $56 |
| Aug 13, 2026 | Truist Financial | Target | Target: $42 | Target: $55 |
| Aug 13, 2026 | Morgan Stanley | Reiterate | Rating: —Target: $27 | Target: $54 |
EPSReportedEstimate
RevenueReportedEstimate
Balance sheet, Jun 30, 2026Cash & short-term investments $177.7M · Total debt $414.4M · Total assets $571.5M · Shareholders' equity −$775.3M
- Revenue
- $217.7M
- Operating income
- −$8.0M
- Net income
- −$1.0M
No dividends on record.
| Institutions | 14.73% | 16.64M shares | |
|---|---|---|---|
| 89 holders · as of Jun 30, 2026 | |||
| Insiders | 0.01% | 15.0K shares | |
| 1 holder · as of May 22, 2026 | |||
| Other | 85.26% | 96.33M shares | |
| remainder | |||
112.99M company shares as of Sep 22, 2026 · institutions as of Jun 30, 2026 · holders as of their latest filing
This company has 2 share classes; every stake here is a share of the whole company.
Top shareholders13F · 13D/G · Form 4
| Holder | Stake | Shares | Date |
|---|---|---|---|
Brown Advisory IncInstitution | 1.92% | 2.17M A | as of Jun 30, 2026 |
Durable Capital Partners LPInstitution | 1.48% | 1.67M A | as of Jun 30, 2026 |
JPMorgan Chase & CoInstitution | 1.25% | 1.41M A | as of Jun 30, 2026 |
Royce & Associates LPInstitution | 1.01% | 1.14M A | as of Jun 30, 2026 |
Franklin Resources IncInstitution | 0.80% | 904,544 A | as of Jun 30, 2026 |
Insider tradesForm 4
| Date | Insider | Role | Shares | Avg price |
|---|---|---|---|---|
| Jul 7, 2026 | Durable Capital Partners LP | 10 percent owner | −336,736 | $40.01 |
| May 20, 2026 | Robert V. JR Gunderson | director | +2,367 | $35.82 |
| Dec 17, 2025 | Durable Capital Partners LP | 10 percent owner | +357,985 | $20.82 |
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Compare
| Company | Price | Change | |||||
|---|---|---|---|---|---|---|---|
| Andersen | $53.11 | −2.82% | $6.15B | 5.1 | 26.5 | 6.7 | — |
| CBIZ | $54.69 | +0.01% | $2.93B | 25.1 | 12.5 | 1.1 | −0.2% |
| H&R Block | $43.41 | −2.45% | $5.64B | 7.8 | 6.9 | 1.4 | +3.1% |
| FTI Consulting | $134.92 | −4.14% | $3.89B | 17.4 | 13.0 | 1.0 | +5.3% |
| Houlihan Lokey | $131.43 | −0.89% | $9.27B | 22.3 | 17.3 | 3.7 | −15.6% |
| Intuit | $291.77 | −4.06% | $83.19B | 18.4 | 12.4 | 3.9 | +13.7% |
| Median | 18.4 | 12.5 | 1.4 | +3.1% |