APAM · NYSE · Asset Management

Artisan Partners (APAM)

Runs autonomous active-investment teams across equities, credit, emerging-markets debt and private real estate.

$36.27
After hours+0.32 (+0.89%)
At close$35.95(−2.26%)
Loading prices…

Artisan Partners Asset Management Inc.APAM
Financial sector

Runs actively managed equity, credit, emerging-markets debt and private real estate strategies through pooled funds, separate accounts and model portfolios. Fees are tied primarily to assets under management, while autonomous investment teams operate on centralized distribution, client-service and operations infrastructure.

Manages active equity, credit, emerging-markets debt and private real estate strategies for institutions and intermediated-wealth clients worldwide. Portfolios are delivered through U.S. mutual funds, Ireland-domiciled UCITS funds, private funds, collective investment trusts, model portfolios and separate accounts.

Builds the platform around twelve autonomous investment teams, each controlling its philosophy, process and portfolio decisions, while centralized operations, distribution and client service support the franchises. The acquisition of Grandview Property Partners added U.S. middle-market real estate private equity to a lineup still dominated by long-only equities.

Earns essentially all revenue from investment-management agreements, with fees tied primarily to average assets under management. Most fee revenue comes from U.S. clients; results depend on market levels, active-strategy performance, client flows and retention of investment professionals, and the business operates under extensive U.S. and overseas regulation.

Company facts

CEOJason A. Gottlieb
ListedMar 7, 2013
ExchangeNYSE
HeadquartersMilwaukee, WI
CountryUnited States
Employees567
CIK0001517302
ISINUS04316A1088

Market cap$2.61B
EPS (ttm)$4.05
P/E (ttm)9.08
ROE71.0%
P/B5.63
P/S1.84
Dividend yieldDiv yield8.65%
Beta0.93vs XLF 0.80

Price target$40.00+11.3%Average of 15 analysts
ConsensusHold8 of 15 analysts
Ratings

Target rangeAs of Sep 22, 2026

Latest analyst notes

DateFirmActionPriorCurrent
Jul 23, 2026RBC CapitalReiterate
Rating: Target: $43
Rating: OutperformTarget: $44
Jul 10, 2026Evercore ISITarget
Target: $39
Target: $36
Jun 8, 2026Evercore ISITarget
Target: $37
Target: $39
Apr 30, 2026RBC CapitalReiterate
Rating: Target: $48
Rating: OutperformTarget: $43
Apr 21, 2026RBC CapitalTarget
Target:
Target: $48

Next report
Oct 27, 26
in 35 days
EPS estimate
$1.00
Revenue estimate
$311.6M
Fiscal quarter
Q3 FY26

EPSReportedEstimate

Feb '25Apr '25Jul '25Oct '25Feb '26Apr '26Jul '26Oct '26
Reported$1.05$0.83$0.83$1.02$1.26$0.87$0.94Pending
Estimate$0.96$0.76$0.82$0.97$1.11$0.91$0.91$1.00
Surprise+9.4%+9.2%+1.2%+5.2%+13.5%−4.4%+3.0%

RevenueReportedEstimate

Feb '25Apr '25Jul '25Oct '25Feb '26Apr '26Jul '26Oct '26
Reported$297.1M$288.0M$271.9M$301.3M$335.5M$303.0M$307.9MPending
Estimate$292.7M$278.8M$300.4M$322.1M$323.8M$304.0M$301.3M$311.6M
Surprise+1.5%+3.3%−9.5%−6.5%+3.6%−0.3%+2.2%
Estimate$1.00
ReportedDue Oct 27, 2026
Estimate$311.6M
ReportedDue Oct 27, 2026
View details

Debt to equity68.00%
Current ratio284.40%

ProfitabilityRevenueNet incomeNet margin

Q3 FY24Q4 FY24Q1 FY25Q2 FY25Q3 FY25Q4 FY25Q1 FY26Q2 FY26
Revenue$279.6M$297.1M$277.1M$282.7M$301.3M$350.7M$295.4M$475.0M
Net income$73.0M$69.7M$61.1M$67.6M$66.8M$94.8M$58.0M$80.9M
Net margin26.1%23.5%22.1%23.9%22.2%27.0%19.6%17.0%

GrowthOperating income

Q3 FY24Q4 FY24Q1 FY25Q2 FY25Q3 FY25Q4 FY25Q1 FY26Q2 FY26
Operating income$93.2M$109.2M$86.5M$79.8M$101.8M$146.7M$86.8M$92.0M
YoY growth+13.4%+42.8%+11.5%−7.9%+9.3%+34.4%+0.3%+15.3%

Balance sheet, Jun 30, 2026Cash & short-term investments $334.5M · Total debt $314.9M · Total assets $1.46B · Shareholders' equity $463.4M

Revenue
$475.0M
Operating income
$92.0M
Net income
$80.9M
View details

Dividend yield
8.65%
Next ex-date
Nov 17, 26
estimated · in 56 days
Annual dividend
$3.18
per share
Schedule
Quarterly
4 payments a year

HistoryDividendAnnual yield

May '24Aug '24Nov '24May '25Aug '25Nov '25May '26Aug '26
Dividend$0.61$0.71$0.82$0.68$0.73$0.88$0.77$0.80
Annual yield2.79%6.38%5.98%3.45%6.34%7.35%4.53%7.67%
Ex-dateMay 16Aug 16Nov 15May 16Aug 15Nov 14May 15Aug 17
Payment dateMay 31Aug 30Nov 29May 30Aug 29Nov 28May 29Aug 31
View details

Institutions≈ 89.65%72.68M shares
388 holders · as of Jun 30, 2026 · largest filers plus last quarter's tail
Insiders2.82%2.29M shares
17 holders · as of Aug 20, 2026
Other≈ 7.53%6.11M shares
remainder

81.07M company shares as of Sep 22, 2026 · institutions as of Jun 30, 2026 · holders as of their latest filing

Two share counts disagree (81.07M in the company's Sep 22, 2026 report, 70.99M elsewhere); stakes use the report.

This quarter's institutional total failed a plausibility check; shown: the largest filers plus last quarter's remainder.

This company has 3 share classes; every stake here is a share of the whole company.

Top shareholders13F · 13D/G · Form 4

HolderStakeSharesDate
BlackRock, Inc.Institution
13.81%11.20M Aas of Jun 30, 2026
Kayne Anderson Rudnick Investment Management LLCInstitution
6.38%5.17M Aas of Jun 30, 2026
Vanguard Portfolio Management LLCInstitution
5.19%4.21M Aas of Jun 30, 2026
Vanguard Capital Management LLCInstitution
3.78%3.06M Aas of Jun 30, 2026
State Street CorpInstitution
3.64%2.95M Aas of Jun 30, 2026

Insider tradesForm 4

DateInsiderRoleSharesAvg price
Aug 19, 2026Gregory K. Ramirezofficer: Executive Vice President−7,000$42.59
View details

  • T. Rowe Price

    Active equity, fixed income and multi-asset peer at scale

  • Franklin Templeton

    Global active platform spanning public and private markets

  • Invesco

    Broad public, private, active and passive asset manager

  • Affiliated Managers Group

    Specialist affiliate model with long-only and alternatives overlap

  • BlackRock

    Scale leader in active, passive, private markets and outsourcing

  • Federated Hermes

    Active manager with equity, fixed income and liquidity scale

  • Cohen & Steers

    Real-assets specialist overlapping the Grandview expansion

CompareAfter hours

CompanyPriceChange
Artisan Partners$36.27+0.89%$2.61B9.19.21.8+13.2%
T. Rowe Price$104.17−0.01%$22.42B10.510.13.0+10.7%
Franklin Templeton$33.13−0.06%$17.48B22.410.71.9−12.0%
Invesco$30.850.00%$13.91B10.12.0+20.3%
Affiliated Managers Group$360.28−0.14%$9.63B12.69.13.8+29.9%
BlackRock$1,066.80+0.03%$168.99B26.117.96.2+30.6%
Federated Hermes$56.92−0.05%$4.42B10.710.02.3+18.3%
Cohen & Steers$74.54+0.03%$3.83B22.819.86.4+6.6%
Median17.510.13.0+18.3%