The market expects Artisan Partners Asset Management (APAM) to deliver a year-over-year increase in earnings on higher revenues when it reports results for the quarter ended December 2023. This widely-known consensus outlook is important in assessing the company's earnings picture, but a powerful factor that might influence its near-term stock price is how the actual results compare to these estimates.The earnings report, which is expected to be released on January 30, 2024, might help the stock move higher ...

The current high interest rate environment is expected to keep supporting revenues for the Zacks Investment Management industry stocks. While the continued shift in investor preference toward passive investing has been weighing on margins to an extent, higher rates will continue to provide support in the near term.Despite relatively subdued market volatility, investment managers are expected to witness growth in their assets under management (AUM) balances, driven by overall asset inflows. Thus, firms like ...

One stock that might be an intriguing choice for investors right now is Artisan Partners Asset Management Inc. (APAM) . This is because this security in the Financial - Investment Management space is seeing solid earnings estimate revision activity, and is in great company from a Zacks Industry Rank perspective.This is important because, often times, a rising tide will lift all boats in an industry, as there can be broad trends taking place in a segment that are boosting securities across the board. This is ...

MILWAUKEE, Jan. 16, 2024 (GLOBE NEWSWIRE) -- Artisan Partners Asset Management Inc. (NYSE:APAM) will report its fourth quarter and full-year 2023 financial results and information relating to its quarterly and special annual dividend on January 30, 2024, at approximately 4:30 p.m. (Eastern Time). Artisan Partners Asset Management's earnings release and supplemental materials will be available on the investor relations section of artisanpartners.com at that time. Chief Executive Officer Eric Colson, Presiden ...

MILWAUKEE, Jan. 16, 2024 (GLOBE NEWSWIRE) -- Artisan Partners Asset Management Inc. (NYSE: APAM) will report its fourth quarter and full-year 2023 financial results and information relating to its quarterly and special annual dividend on January 30, 2024, at approximately 4:30 p.m. (Eastern Time). Artisan Partners Asset Management’s earnings release and supplemental materials will be available on the investor relations section of artisanpartners.com at that time. Chief Executive Officer Eric Colson, Preside ...

Here are three stocks with buy rank and strong income characteristics for investors to consider today, January 16th:Artisan Partners Asset Management (APAM) : This investment management firm which, is focused on providing high-value added, active investment strategies to clients globally, has witnessed the Zacks Consensus Estimate for its current year earnings increasing 24.7% over the last 60 days.This Zacks Rank #1 (Strong Buy) company has a dividend yield of 6.2%, compared with the industry average of 2. ...

MILWAUKEE, Jan. 10, 2024 (GLOBE NEWSWIRE) -- Artisan Partners Asset Management Inc. (NYSE:APAM) today reported that its preliminary assets under management ("AUM") as of December 31, 2023 totaled $150.2 billion. Artisan Funds and Artisan Global Funds accounted for $72.8 billion of total firm AUM, while separate accounts and other AUM1 accounted for $77.4 billion. In December, certain Artisan Funds made their annual income and capital gains distributions. December month-end AUM includes the impact of approxi ...

Financial Data and Key Metrics Changes - As of September 30, 2023, assets under management (AUM) decreased to $136.5 billion, a 5% decline from June 30, but a 7% increase from the start of 2023 [22] - Average AUM for the quarter was $142.2 billion, up 2% sequentially and up 7% year-over-year [22] - Revenues increased by 2% compared to the previous quarter and by 6% year-over-year, driven by higher average AUM [23] - Adjusted operating income increased by 4% sequentially and by 5% year-over-year [23] - Year-to-date adjusted operating income and adjusted net income per adjusted share were both down 15% compared to the previous year [25] Business Line Data and Key Metrics Changes - The high income strategy had strong inflows, bringing year-to-date net inflows to over $1 billion [11] - The credit-oriented business is expanding, with the first close of the Artisan dislocation opportunities fund completed [9] - Emerging markets investment strategies have been challenging, with significant outflows in 2022 and continued trends in 2023 [14] Market Data and Key Metrics Changes - Emerging markets account for over 40% of global GDP, presenting a large investment opportunity despite recent outflows [15] - The MSCI EM Equity Index returned 2.07% annually over the last decade, significantly lower than the ACWI Index and S&P 500 [13] Company Strategy and Development Direction - The company is focused on expanding its credit capabilities and diversifying its high-income business [12] - A hybrid distribution model is being evolved to better align resources and improve sales effectiveness [18] - The company aims to compound wealth for clients and scale newer strategies while maintaining a disciplined approach to growth [21] Management's Comments on Operating Environment and Future Outlook - Management noted muted flows in the institutional marketplace due to recent market drawdowns but anticipates a potential reallocation of funds back into emerging markets and fixed income [31] - There is a belief that emerging markets will remain an important source of return and diversification for sophisticated allocators [16] - The company is prepared to capture growth opportunities as market conditions evolve [42] Other Important Information - The company declared a quarterly dividend of $0.65 per share, representing approximately 80% of cash generated in the quarter [27] - The company expects approximately $400 million of net client cash outflows in the fourth quarter due to distributions [28] Q&A Session Summary Question: Current state of the institutional side of the business - Management noted muted flows in the institutional marketplace but highlighted a buildup of cash in money market funds, indicating potential future reallocations [30] Question: Recent new mandates and future activity - Management discussed the successful onboarding of new mandates and expressed optimism for continued activity in those areas [32] Question: Catalysts for reigniting interest in Emerging Markets - Management emphasized the inevitability of money movement in the market, which could present opportunities for the company [37] Question: Expense outlook for 2024 and margin recovery - Management indicated that while expenses are expected to rise due to inflation, they are positioned to handle larger AUM, which could improve margins over time [41][42] Question: Opportunities in private credit - Management acknowledged the growth in private credit and indicated a cautious approach to expanding capabilities in that area [45] Question: Distribution capability investments - Management highlighted a focus on aligning resources with current strategies rather than simply increasing expenses [48]

Table of Contents UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 Form 10-Q (Mark One) ☑ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 FOR THE QUARTERLY PERIOD ENDED SEPTEMBER 30, 2023 OR ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 FOR THE TRANSITION PERIOD FROM TO Commission file number: 001-35826 Artisan Partners Asset Management Inc. (Exact name of registrant as specified in its charter) Delaw ...

Artisan Partners Asset Management Inc. (NYSE:APAM) Q2 2023 Earnings Conference Call August 2, 2023 1:00 PM ET Company Participants Eric Colson - Chief Executive Officer C.J. Daley - Chief Financial Officer Conference Call Participants Alex Blostein - Goldman Sachs John Dunn - Evercore Kenneth Lee - RBC Capital Markets Michael Brown - KBW Operator Hello and thank you for standing by. My name is Jason and I will be your conference operator today. [Operator Instructions] As a reminder, this conference call is ...