Artisan Partners Asset Management Inc. – Ticker: APAM

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1. Executive Summary

  • Company: Artisan Partners Asset Management Inc.
  • Ticker: APAM
  • Industry: Investment Management
  • Current Price: $43.53 (as of May 16, 2025)
  • Investment Rating: Hold

Artisan Partners is a global investment management firm offering high-value-added investment strategies to clients worldwide. The company has demonstrated steady financial performance, with consistent revenue and net income growth. Analyst consensus suggests a “Hold” rating, indicating that the stock is expected to perform in line with the market.

2. Company Overview

  • Business Model: Artisan Partners provides investment management services across various asset classes, including mutual funds, separate accounts, and collective investment trusts.
  • Industry Position: The company is recognized for its active investment strategies and has a significant presence in the investment management industry.
  • Key Products/Services: Mutual funds, separately managed accounts, and collective investment trusts.
  • Management: As of 2025, the company is led by CEO Eric Colson, who has been instrumental in driving the firm’s strategic initiatives.

3. Financial Analysis

  • Revenue Growth: For the fiscal year ended December 31, 2024, Artisan Partners reported total revenue of approximately $1.112 billion, reflecting a year-over-year increase.
  • Profit Margins:
    • Gross Profit: $517.7 million
    • Operating Income: $377.5 million
    • Net Income: $237.4 million
  • Earnings Per Share (EPS): The company’s EPS for the fiscal year 2024 was approximately $3.72.
  • Balance Sheet:
    • Total Assets: Data not specified.
    • Total Liabilities: Data not specified.
    • Debt-to-Equity Ratio: Data not specified.
  • Cash Flow: Detailed cash flow information is not provided.

4. Stock Performance

  • Historical Performance: Over the past year, APAM’s stock price has experienced fluctuations, with a 52-week high of $49.54 and a low of $32.75.
  • Dividends: Artisan Partners has a history of paying dividends, offering investors a steady income stream.
  • Volatility: Specific beta value is not provided; however, the stock has shown moderate volatility in line with industry peers.
  • Recent Movements: As of May 16, 2025, the stock closed at $43.53. 

5. Valuation Analysis

  • Price-to-Earnings (P/E) Ratio: Approximately 11.7, based on the current price and EPS.
  • Price-to-Sales (P/S) Ratio: Approximately 3.2, based on current market capitalization and revenue.
  • Price-to-Book (P/B) Ratio: Data not specified.
  • Discounted Cash Flow (DCF) Analysis: Detailed DCF analysis is not provided.
  • Peer Comparison: Compared to industry peers, APAM’s valuation metrics are within a reasonable range, indicating fair valuation.

6. Industry & Market Analysis

  • Industry Trends: The investment management industry is experiencing shifts towards passive investing and increased regulatory scrutiny.
  • Market Share: Artisan Partners maintains a solid market share within its niche of active investment strategies.
  • Macroeconomic Factors: Market volatility, interest rate changes, and global economic conditions can impact the company’s performance.

7. Risk Analysis

  • Market Risk: Fluctuations in global markets can affect asset under management and revenue.
  • Financial Risk: While the company maintains a healthy financial position, any significant market downturns could impact profitability.
  • Regulatory Risk: Changes in financial regulations could affect operational procedures and compliance costs.
  • Geopolitical Risk: Global political instability may influence investment performance and client behavior.

8. Growth Catalysts

  • New Products/Services: The company continues to develop new investment strategies to meet evolving client needs.
  • Expansion Plans: Artisan Partners is exploring opportunities to expand its global footprint and diversify its investment offerings.
  • Mergers & Acquisitions (M&A): No significant M&A activity reported recently.
  • Industry Trends: A shift towards active management in certain market segments could benefit the company.

9. Analyst Sentiment

  • Consensus Rating: Hold
  • Price Target: Analysts have set a 12-month price target range between $32.00 and $45.00, with an average target of $39.19.
  • Recent News: No significant recent news affecting analyst sentiment.

10. Conclusion

Artisan Partners Asset Management Inc. demonstrates stable financial performance and offers consistent dividends, making it an attractive option for income-focused investors. However, given the current market conditions and analyst consensus, the stock is rated as a “Hold,” suggesting that investors should maintain their positions and monitor for future developments.

11. Appendix

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