Lecap Asset Management Ltd. Purchases 3,099 Shares of Ameriprise Financial, Inc. $AMP

08 Jan 2026, 08:32 by Teresa Graham · The Cerbat Gem

Lecap Asset Management Ltd. increased its holdings in shares of Ameriprise Financial, Inc. (NYSE:AMP – Free Report) by 286.7% during the third quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 4,180 shares of the financial services provider’s stock after acquiring an additional 3,099 shares during the period. Lecap Asset Management Ltd.’s holdings in Ameriprise Financial were worth $2,053,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds also recently bought and sold shares of the business. HB Wealth Management LLC increased its stake in shares of Ameriprise Financial by 43.4% in the third quarter. HB Wealth Management LLC now owns 5,491 shares of the financial services provider’s stock valued at $2,698,000 after buying an additional 1,663 shares in the last quarter. Caldwell Trust Co grew its holdings in Ameriprise Financial by 1.7% during the 3rd quarter. Caldwell Trust Co now owns 4,216 shares of the financial services provider’s stock worth $2,071,000 after acquiring an additional 72 shares during the last quarter. Harfst & Associates Inc. raised its stake in shares of Ameriprise Financial by 1.4% in the third quarter. Harfst & Associates Inc. now owns 4,440 shares of the financial services provider’s stock worth $2,181,000 after acquiring an additional 60 shares during the last quarter. Childress Capital Advisors LLC lifted its position in shares of Ameriprise Financial by 24.1% during the third quarter. Childress Capital Advisors LLC now owns 828 shares of the financial services provider’s stock worth $407,000 after purchasing an additional 161 shares in the last quarter. Finally, Abundance Wealth Counselors grew its stake in shares of Ameriprise Financial by 7.4% during the third quarter. Abundance Wealth Counselors now owns 2,496 shares of the financial services provider’s stock valued at $1,226,000 after purchasing an additional 173 shares during the last quarter. Institutional investors and hedge funds own 83.95% of the company’s stock.

Analyst Upgrades and Downgrades

Several research firms recently weighed in on AMP. Weiss Ratings restated a “buy (b-)” rating on shares of Ameriprise Financial in a research report on Monday, December 29th. Keefe, Bruyette & Woods cut their price target on Ameriprise Financial from $550.00 to $530.00 and set a “market perform” rating on the stock in a research note on Monday, November 3rd. Royal Bank Of Canada decreased their price target on Ameriprise Financial from $601.00 to $550.00 and set an “outperform” rating on the stock in a report on Monday, November 3rd. Argus cut their target price on shares of Ameriprise Financial from $568.00 to $554.00 and set a “buy” rating on the stock in a research report on Thursday, November 13th. Finally, Evercore ISI lowered their price target on shares of Ameriprise Financial from $587.00 to $570.00 and set an “in-line” rating for the company in a research report on Thursday, October 9th. One equities research analyst has rated the stock with a Strong Buy rating, three have given a Buy rating, four have issued a Hold rating and two have given a Sell rating to the company. According to data from MarketBeat.com, Ameriprise Financial presently has an average rating of “Hold” and a consensus price target of $528.75.

Read Our Latest Stock Analysis on AMP

Insider Activity

In other news, Director Robert Francis Sharpe, Jr. sold 1,500 shares of the firm’s stock in a transaction dated Friday, November 21st. The stock was sold at an average price of $450.94, for a total transaction of $676,410.00. Following the sale, the director owned 7,500 shares of the company’s stock, valued at $3,382,050. This trade represents a 16.67% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is available through this hyperlink. 0.73% of the stock is owned by company insiders.

Ameriprise Financial Stock Performance

Shares of NYSE:AMP opened at $497.83 on Thursday. The firm’s 50 day simple moving average is $473.71 and its 200 day simple moving average is $495.31. Ameriprise Financial, Inc. has a fifty-two week low of $396.14 and a fifty-two week high of $582.05. The company has a market capitalization of $46.25 billion, a price-to-earnings ratio of 13.65, a P/E/G ratio of 1.27 and a beta of 1.26. The company has a debt-to-equity ratio of 0.88, a current ratio of 0.68 and a quick ratio of 0.68.

Ameriprise Financial (NYSE:AMP – Get Free Report) last issued its quarterly earnings data on Thursday, October 30th. The financial services provider reported $9.92 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $9.76 by $0.16. The firm had revenue of $4.73 billion during the quarter, compared to analysts’ expectations of $4.51 billion. Ameriprise Financial had a net margin of 20.12% and a return on equity of 64.97%. The business’s revenue for the quarter was up 9.0% on a year-over-year basis. During the same quarter in the previous year, the company earned $9.02 earnings per share. As a group, sell-side analysts forecast that Ameriprise Financial, Inc. will post 38.64 earnings per share for the current year.

Ameriprise Financial Dividend Announcement

The firm also recently announced a quarterly dividend, which was paid on Monday, November 24th. Shareholders of record on Monday, November 10th were paid a $1.60 dividend. This represents a $6.40 dividend on an annualized basis and a yield of 1.3%. The ex-dividend date of this dividend was Monday, November 10th. Ameriprise Financial’s payout ratio is presently 17.55%.

About Ameriprise Financial

(Free Report)

Ameriprise Financial, Inc is a diversified financial services company headquartered in Minneapolis, Minnesota. The firm provides a range of advice-based wealth management, asset management and insurance products to individual and institutional clients. Its business model centers on delivering financial planning and investment advice through a network of financial advisors alongside proprietary product offerings designed to meet retirement, protection and accumulation needs.