Abc Arbitrage 13F: New $4.5M Stake in Ameriprise Financial (AMP)
Key Points
- Abc Arbitrage bought a new position of 9,098 shares in Ameriprise Financial, Inc. AMP valued at roughly $4.48 million, as disclosed in an October 23, 2026 regulatory filing.
- The financial firm recently traded around $492.19, sitting near its 200-day moving average and below its 52-week high of $572.56.
- Several major institutional holders adjusted their positions earlier in the year, while multiple Wall Street research firms updated their price targets ahead of upcoming earnings.
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Abc Arbitrage opened a new position in Ameriprise Financial, Inc. AMP by purchasing 9,098 shares valued at about $4.48 million, according to a Form 13F filing with the SEC on October 23, 2026. Ameriprise Financial shares closed at $492.19 on the day of the filing.
AMP
Ameriprise Financial, Inc.
What Changed in Abc Arbitrage's Ameriprise Financial Position
The fund initiated a brand-new holding in Ameriprise Financial, Inc. AMP during the period, picking up 9,098 shares with a reported value of $4,479,400. Because this is a new investment, the firm held no prior shares in the asset manager.
Other Institutional Activity in Ameriprise Financial
Other large funds made adjustments to their Ameriprise Financial holdings earlier in the year. Bank of America reduced its holdings by 22,575 shares, ending with 650,536 shares worth about $294.66 million. Curated Wealth Partners trimmed its stake by 410,153 shares to finish with 1,069 shares valued at $526,322. Cetera Investment Advisers cut its position by 9,8,68 shares down to 31,823 shares worth roughly $14.54 million. Trexquant Investment grew its holdings by 52,843 shares, ending with 57,010 shares valued at about $26.05 million. Aristotle Capital Management shed 100,253 shares, leaving it with 2,211,677 shares worth roughly $1.01 billion.
Ameriprise Financial, Inc. Stock Up 0.3%
Ameriprise Financial, Inc. AMP recently traded around $492.19 as of October 24, 2026, which is about equal to its closing price on the filing date. The stock sits below its 50-day moving average of $527.90 and roughly equal to its 200-day moving average of $493.06. Shares trade about 14.0% below their 52-week high of $572.56 and roughly 16.5% above their 52-week low of $422.37.
Recent Earnings
Ameriprise Financial, Inc. AMP reported trailing twelve month revenue of $19.84 billion alongside earnings of $41.95 per share. The company posted a net profit margin of 19.9% and a return on equity of 63.4%. Its next earnings report is scheduled for October 29, 2026.
Earnings drift grade
Outlook vs expectations on the last report — not price action.
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Forward outlook
2 target raises vs 1 cuts.
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EPS & revenue
EPS beat estimates by 9.2%. Revenue beat estimates by 2.1%.
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Profit surprise
EBITDA missed by 13 percent. Operating income met by 0 percent.
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Pre-earnings setup
Expectations were about average.
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Analyst signal
2 target raises, 1 target cut.
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Earnings quality
Gross margin up 55.1 points. Operating margin up 9.3 points.
Earnings Call Summary
Ameriprise posted record earnings of 11.26 dollars per share, beating consensus by 10 percent, as revenues grew 11 percent to 4.8 billion dollars. Assets under management reached 1.7 trillion dollars, up 12 percent, fueled by client net inflows and market gains. Management credited their integrated technology platform, strong adviser productivity reaching 1.2 million dollars, and disciplined hiring approach as key drivers. They remain focused on organic growth over acquisitions and are investing heavily in AI tools and new banking products.
Guidance Management did not provide specific forward guidance. They emphasized strong organic growth momentum and disciplined capital allocation, with confidence in achieving their 4 to 5 percent net client asset growth target despite aggressive recruiting competition. Huntington Bank partnership with 28 billion dollars in assets begins in the fourth quarter; Comerica advisers expected to depart by end of third quarter.
Fine but not compelling. Acceptable results that likely do not create a meaningful forward reset.
Dividend
Ameriprise Financial, Inc. AMP pays an annual dividend rate of $6.80 per share, yielding 1.37%. The company maintains a dividend payout ratio of 15.7%.
Insider Buying and Selling at Ameriprise Financial, Inc.
Company insiders completed several transactions prior to the filing. Chief Financial Officer Walter Stanley Berman disposed of 11,012 shares valued at $6,045,030 on July 28, 2026. Chief Executive Officer James M Cracchiolo sold 18,020 shares worth $9,828,561 on July 28, 2026. Officer Deirdre Davey Mcgraw sold 2,400 shares at $558.28 per share for a total of $1,339,867 on August 6, 2026. Dawn M Brockman sold 472 shares at $558.93 each for a total value of $263,815 on August 10, 2026.
Analysts Set New Price Targets
Wall Street analysts have updated their views on Ameriprise Financial, Inc. AMP ahead of its upcoming financial report. On July 31, 2026, Argus Research maintained a Buy rating and raised its target to $590.00 from $534.00. BMO Capital maintained a Market Perform rating on October 6, 2026, lowering its target to $520.00 from $560.00. Evercore ISI Group maintained an In-Line rating on October 7, 2026, lifting its target to $632.00 from $623.00. Morgan Stanley maintained an Underweight rating on October 9, 2026, adjusting its target to $483.00 from $489.00. B of A Securities downgraded the stock to Underperform on October 19, 2026, cutting its target to $445.00 from $570.00. Overall, the stock carries a consensus hold rating from 11 analysts with a mean price target of $554.64.
About Ameriprise Financial
Ameriprise Financial, Inc. AMP is a financial services company based in Minneapolis, Minnesota. Operating through segments like advice, wealth management, asset management, and retirement solutions, the firm provides financial planning and advice to individual and institutional clients globally. Institutional interest from firms like Abc Arbitrage arrives as the company prepares its next earnings release.
Bottom Line
Abc Arbitrage holds a new position of 9,098 shares in Ameriprise Financial, Inc. AMP. Investors will look toward the company's next earnings report on October 29, 2026, for further updates on business performance.
Related Filing Alerts
Source: Abc Arbitrage's 13F filing on $AMP (Oct 23, 2026). 13F filings show holdings as of the end of the reporting quarter and may not reflect the fund's current position. Written by software, not financial advice. How we make alerts