Artisan Partners(APAM)
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Artisan Partners(APAM) - 2025 Q4 - Annual Results
2026-02-03 21:20
Financial Performance - Artisan Partners reported a revenue increase of 8% in 2025 compared to 2024, reaching $1,196.7 million[10]. - Adjusted operating income rose by 12% to $422.6 million, with an adjusted operating margin of 35.3%[10]. - Total revenues for the three months ended December 31, 2025, were $335.5 million, an increase from $301.3 million in the previous quarter and $297.0 million year-over-year[33]. - Management fees from Artisan Funds & Artisan Global Funds reached $195.0 million, up from $192.5 million in the previous quarter and $178.4 million year-over-year[33]. - Performance fees for the quarter were $29.1 million, compared to $14.7 million in the same quarter last year[33]. - Operating income for the three months ended December 31, 2025, was $131.5 million, an increase from $101.8 million in the previous quarter and $109.1 million year-over-year[33]. - Net income attributable to Artisan Partners Asset Management Inc. was $94.8 million, compared to $66.8 million in the previous quarter and $69.7 million year-over-year[33]. - Basic earnings per share for Class A common shares were $1.32, up from $0.93 in the previous quarter and $0.97 year-over-year[33]. - Total operating expenses for the quarter were $204.0 million, compared to $199.5 million in the previous quarter and $187.9 million year-over-year[33]. - Adjusted net income (Non-GAAP) for Q4 2025 was $102.2 million, compared to $82.7 million in Q3 2025, reflecting a 23.5% growth[35]. - Adjusted EBITDA (Non-GAAP) for Q4 2025 reached $139.9 million, an increase from $114.4 million in Q3 2025, marking a 22.3% rise[35]. - Operating income (GAAP) for Q4 2025 was $131.5 million, compared to $101.8 million in Q3 2025, indicating a 29.2% increase[35]. - Adjusted operating margin (Non-GAAP) improved to 40.2% in Q4 2025 from 36.2% in Q3 2025[35]. Assets Under Management (AUM) - The company achieved a 12% growth in assets under management (AUM), totaling $179.9 billion at the end of 2025[10]. - Total assets as of December 31, 2025, were $1,577.3 million, a decrease from $1,618.8 million as of December 31, 2024[44]. - Assets under management decreased to $179.928 billion from $181.306 billion, reflecting a decline of approximately 0.76%[46]. - The average assets under management for the quarter were $180.889 billion, slightly down from the previous quarter's $181.306 billion[46]. - The ending assets under management for the quarter were $161.208 billion, down from $167.840 billion, indicating a decrease of approximately 3.99%[47]. - As of December 31, 2025, Artisan Partners reported total assets under management (AUM) of $179,928 million, an increase from $161,208 million at the end of 2024, representing a growth of approximately 11.6%[54]. - The average AUM for 2025 was reported at $173,004 million, compared to $160,232 million in 2024, indicating a year-over-year increase of about 7.9%[54]. Client Cash Flows - Artisan Partners experienced $12.7 billion in aggregate net outflows, primarily from three growth-oriented equity strategies[5]. - The firm generated net client cash inflows of $3.3 billion, with organic growth at 22%[4]. - Gross client cash inflows totaled $7.703 billion, while gross client cash outflows were $13.333 billion, resulting in a net cash flow of -$5.630 billion[46]. - The company experienced a net client cash flow of -$2.329 billion for the previous quarter, highlighting challenges in client retention[47]. - Gross client cash inflows for the three months ended December 31, 2025, were $7,703 million, compared to $6,084 million for the previous quarter[50]. - Net client cash flows for the three months ended December 31, 2025, were negative at $(5,630) million, reflecting a decrease from $(2,329) million in the prior quarter[50]. - The company reported a total of $39,696 million in gross client cash outflows for the year ended December 31, 2025[52]. Strategic Initiatives - Artisan Partners announced the acquisition of Grandview Property Partners, enhancing its strategic expansion into alternative investments[2]. - The company anticipates continued strong organic growth in 2026, leveraging new capabilities in alternative investments[7]. - Artisan Partners continues to focus on attracting experienced investment professionals to manage client assets across diverse investment strategies[30]. Investment Performance - Six equity strategies outperformed their respective indices by over 500 basis points net of fees in 2025[6]. - The Global Opportunities Strategy had an AUM of $16,537 million with a 1-year return of 10.14% and a 3-year return of 16.73%[57]. - The Non-U.S. Growth Strategy reported an AUM of $15,475 million with a 1-year return of 37.93% and a 3-year return of 21.19%[57]. - The Global Value Strategy had an AUM of $36,280 million, achieving a 1-year return of 35.45% and a 3-year return of 24.71%[57]. - The Sustainable Emerging Markets Strategy had an AUM of $2,537 million with a 1-year return of 43.91%[57]. - Antero Peak Strategy achieved a return of 21.80% since inception on May 1, 2017[59]. - Emerging Markets Local Opportunities Strategy reported a return of 25.39% since inception on August 1, 2022[59]. - Non-U.S. Small-Mid Growth Strategy delivered a return of 19.78% since inception on January 1, 2019[59]. - Global Unconstrained Strategy had a return of 12.79% since inception on April 1, 2022[59]. - Emerging Markets Debt Opportunities Strategy achieved a return of 16.77% since inception on May 1, 2022[59]. - MSCI Emerging Markets Index showed a return of 33.57%[59]. - J.P. Morgan GBI-EM Global Diversified Index reported a return of 19.26%[59]. - Approximately 18% of assets under management are maintained in separate composites due to client-imposed restrictions[59].
Artisan Partners Asset Management Inc. Reports 4Q25 and Year Ended December 31, 2025 Results and Quarterly and Special Annual Dividend
Globenewswire· 2026-02-03 21:16
Core Viewpoint - Artisan Partners Asset Management Inc. reported its financial results for the quarter and year ended December 31, 2025, and declared a quarterly and special annual dividend [1]. Financial Results - The company will discuss its financial results during a conference call on February 4, 2026, at 1:00 p.m. Eastern Time, hosted by the CEO and CFO [2]. - Supplemental materials for the conference call will be available on the company's website [2]. Company Overview - Artisan Partners is a global multi-asset investment platform that offers a wide range of high value-added investment strategies across growing asset classes [3]. - The firm has been focused on attracting experienced investment professionals since its establishment in 1994 [3]. - Artisan Partners' investment teams manage a diverse array of strategies across multiple asset classes, catering to various client mandates [3].
TD Cowen Stays Selective on Asset Managers, Keeps Hold on Artisan Partners (APAM)
Yahoo Finance· 2026-01-28 08:44
Core Viewpoint - Artisan Partners Asset Management Inc. (NYSE:APAM) is recognized among 13 dividend stocks yielding over 8% [1] Group 1: Analyst Ratings and Market Position - TD Cowen has reduced its price target for Artisan Partners from $46 to $40 while maintaining a Hold rating, indicating a selective approach towards asset managers [2] - The firm maintains a positive outlook on traditional asset managers but is focusing on higher-conviction names, reflecting a "Higher for Longer" rate environment [2] Group 2: Acquisition and Strategic Growth - Artisan Partners announced a definitive agreement to acquire Grandview Property Partners, a real estate private equity firm, which aligns with its long-term strategy [3][4] - The acquisition is expected to close in the first quarter of 2026 and is anticipated to modestly enhance earnings per share once Grandview's next flagship fund reaches its final close [5] - Artisan Partners operates as a global, multi-asset investment platform, offering high-value-added strategies across various asset classes to institutional clients [5]
Artisan Partners Asset Management Inc. to Announce 4Q25 Results on February 3, 2026
Globenewswire· 2026-01-20 21:16
MILWAUKEE, Jan. 20, 2026 (GLOBE NEWSWIRE) -- Artisan Partners Asset Management Inc. (NYSE: APAM) will report its fourth quarter 2025 financial results and information relating to its quarterly dividend on February 3, 2026 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 and President Jason Gottlieb and Chief Financial Offic ...
Aperam introduces innovative “slinky” solution – a new approach to iron-cobalt alloy components for high-performance electric motors
Globenewswire· 2026-01-20 09:00
Core Insights - Aperam has launched an innovative "slinky" production method that utilizes an in-plane helical winding process for creating slinky stators and rotors, enhancing efficiency in electric motor production [1][2]. Group 1: Technology and Innovation - The "slinky" method adapts existing technology from the electrical steel industry to iron-cobalt (FeCo) alloys, known for their superior magnetic performance but difficult formability, thus enabling new design possibilities and material savings [2]. - This method significantly reduces material waste in production, cutting metal scrap to just 10–30% compared to conventional methods that can waste up to 70% [3]. Group 2: Market Applications - The "slinky" production method supports the future of carbon-neutral mobility, particularly in sectors such as aviation, eVTOL aircraft, and hypercars [3]. - The combination of Aperam's AFK family of iron-cobalt alloys with the "slinky" process leads to substantial performance improvements, aligning with aviation's goal of achieving net-zero carbon emissions by 2050 [5]. Group 3: Performance Metrics - The new method results in a 35% increase in power density for eVTOL aircraft, a 25% increase in torque for hypercars, and a 15% reduction in motor size, which is crucial for meeting aviation weight constraints [6].
Why Artisan Partners (APAM) is Poised to Beat Earnings Estimates Again
ZACKS· 2026-01-16 18:10
Core Viewpoint - Artisan Partners Asset Management (APAM) is positioned well to potentially beat earnings estimates in its upcoming quarterly report, supported by a solid history of exceeding expectations [1]. Earnings Performance - Artisan Partners has a strong track record of surpassing earnings estimates, with an average surprise of 3.19% over the last two quarters [2]. - In the most recent quarter, the company reported earnings of $1.02 per share, exceeding the expected $0.97 per share by 5.15%. In the previous quarter, it reported $0.83 per share against an estimate of $0.82 per share, resulting in a surprise of 1.22% [3]. Earnings Estimates and Predictions - Recent earnings estimates for Artisan Partners have been revised upward, indicating positive sentiment among analysts. The Zacks Earnings ESP for the company is currently positive, suggesting a strong likelihood of an earnings beat [5][8]. - Stocks with a positive Earnings ESP and a Zacks Rank of 3 (Hold) or better have historically produced positive surprises nearly 70% of the time, indicating a high probability of exceeding consensus estimates [6]. Earnings ESP Metric - The Zacks Earnings ESP compares the Most Accurate Estimate to the Zacks Consensus Estimate, with the Most Accurate Estimate reflecting the latest analyst revisions. This metric is crucial for predicting earnings performance [7]. - Artisan Partners currently has an Earnings ESP of +0.90%, indicating that analysts are optimistic about its near-term earnings potential [8].
Artisan Partners Asset Management Inc. Reports December 2025 Assets Under Management
Globenewswire· 2026-01-12 21:30
Core Insights - Artisan Partners Asset Management Inc. reported preliminary assets under management (AUM) of $179.9 billion as of December 31, 2025, with Artisan Funds and Artisan Global Funds contributing $87.8 billion and separate accounts and other AUM accounting for $92.1 billion [1] Group 1: AUM Breakdown - Artisan Funds distributions not reinvested impacted December month-end AUM by approximately $640 million [1] - The AUM by strategy includes significant contributions from various teams, such as $16.5 billion from Global Opportunities and $53.1 billion from International Value [2] - Separate account and other AUM consists of assets managed through vehicles other than Artisan Funds, including traditional separate accounts and Artisan-branded collective investment trusts [3] Group 2: Specific Strategies - AUM for Artisan Sustainable Emerging Markets, U.S. Mid-Cap Growth, and Value Equity Strategies includes $123.3 million for which investment models are provided to managed account sponsors [4] - The firm offers a diverse range of investment strategies across multiple asset classes, managed by autonomous investment teams [5]
Artisan Partners Asset Management Inc. (APAM) Maintains Stability Amid Market Fluctuations
Financial Modeling Prep· 2025-12-10 07:03
Core Viewpoint - Artisan Partners Asset Management Inc. (APAM) is facing challenges with its assets under management (AUM) due to significant redemptions, yet its stock price shows resilience in the market [6]. Group 1: Company Overview - Artisan Partners is a global investment management firm that offers a diverse range of investment strategies across various asset classes, competing with firms like BlackRock and Vanguard [1]. - The company has a market capitalization of approximately $2.93 billion [4]. Group 2: Financial Performance - As of November 30, 2025, Artisan Partners reported preliminary AUM of $180.8 billion, which includes $87.2 billion from Artisan Funds and Artisan Global Funds, and $93.6 billion from separate accounts and other AUM [2]. - The AUM figures reflect $800 million in distributions from Artisan Funds that were not reinvested [2]. - The company anticipates an additional $400 million in distributions not being reinvested in December [3]. Group 3: Market Activity - APAM's stock is currently priced at $41.65, showing a slight increase of 0.51% or $0.21 [4]. - The stock has fluctuated between $41.20 and $41.73 on the trading day, with a yearly high of $49.29 and a low of $32.75 [4]. - The trading volume for APAM today is 459,859 shares on the New York Stock Exchange (NYSE) [5].
Artisan Partners Asset Management Inc. Reports November 2025 Assets Under Management
Globenewswire· 2025-12-09 21:16
Core Insights - Artisan Partners Asset Management Inc. reported preliminary assets under management (AUM) of $180.8 billion as of November 30, 2025, with Artisan Funds and Artisan Global Funds contributing $87.2 billion and separate accounts and other AUM accounting for $93.6 billion [1] AUM Breakdown by Strategy - The AUM for various strategies as of November 30, 2025, includes: - Global Opportunities: $18,429 million - Global Discovery: $1,838 million - U.S. Mid-Cap Growth: $10,965 million - U.S. Small-Cap Growth: $2,919 million - International Value: $51,542 million - Global Value: $35,083 million - High Income: $12,985 million - Developing World: $4,635 million - Additional strategies also reported [2] Separate Accounts and Other AUM - Separate account and other AUM consists of assets managed through vehicles other than Artisan Funds or Artisan Global Funds, including traditional separate accounts and Artisan-branded collective investment trusts [3] Additional Distributions - The month-end AUM for November includes approximately $800 million of Artisan Funds distributions that were not reinvested, with an expectation of an additional $400 million in December [1] Redemption Activity - The firm experienced a $2.7 billion redemption in early December 2025 from a non-U.S. institutional client across three Growth team strategies, influenced by local pension-market dynamics [1] Company Overview - Artisan Partners is a global multi-asset investment platform offering a range of high value-added investment strategies across various asset classes, committed to attracting experienced investment professionals since 1994 [5]
Are Investors Undervaluing Artisan Partners Asset Management (APAM) Right Now?
ZACKS· 2025-12-09 15:41
Core Viewpoint - The article emphasizes the importance of value investing and highlights Artisan Partners Asset Management (APAM) as a strong candidate for value investors due to its favorable financial metrics and Zacks Rank [2][4][7] Company Overview - Artisan Partners Asset Management (APAM) has a Zacks Rank of 2 (Buy) and a Value grade of A, indicating it is a strong value stock [4][7] - The stock has a P/E ratio of 11.77, which is lower than the industry average of 12.73, suggesting it may be undervalued [4] - Over the past 52 weeks, APAM's Forward P/E has fluctuated between 9.16 and 13.78, with a median of 12.09 [4] Financial Metrics - APAM's P/S ratio is 2.89, compared to the industry average of 3.56, further indicating potential undervaluation [5] - The company has a P/CF ratio of 11.52, significantly lower than the industry's average of 33.14, suggesting a solid cash outlook [6] - APAM's P/CF has ranged from 8.82 to 13.09 over the past year, with a median of 11.49 [6] Investment Outlook - The combination of APAM's favorable financial metrics and strong earnings outlook positions it as one of the market's strongest value stocks [7]