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APAMArtisan Partners Asset ManagemeHold6.0·$39.34+2.13%
HoldModerate Confidence
Investment thesis

Artisan Partners is a high-quality asset management franchise generating 23% operating margins, a Piotroski score of 8 out of 9, and three quarters of earnings beats — but the stock is currently trading roughly 10% above analyst consensus price targets in a confirmed falling-knife technical configuration, creating a challenging near-term setup despite the underlying business quality.

Thesis pillars

  • High Quality Margin ProfileStable
  • Stock Above Analyst ConsensusStable
  • Falling Knife Technical ConfigurationStable
  • +1 more pillar — see the Why tab for full reasoning

Full reasoning →

Open full analysis

Artisan Partners Asset Manageme (APAM) Stock Analysis

Recovery setup

HoldDEATH CROSS (EXEMPT)ValueQualityModerate Confidence

Financial Services · Asset Management

Earnings in 3 days (2026-07-28). Expect elevated volatility around the report — consider waiting for post-earnings price action before new entries.

Hold if already holding. Not a fresh buy at $39.34, but acceptable to hold if already in. Reason: Analyst target reached - limited upside remaining.

Artisan Partners Asset Management, founded in 1994, manages $179.9 billion in AUM across active equity, credit, and alternative investment strategies globally via an autonomous team structure. Revenue comes almost entirely from investment management fees on average AUM, with 61%... Read more

$39.34-20.6% A.UpsideScore 6.0/10#63 of 239 Asset Management
QualityF-score7 / 9FCF yield10.38%
IncomeYield8.80%(5y avg 7.66%)Payout82.71%at-risk
Entry $34.47(support + ATR)Stop $32.94Target $39.69(resistance)A.R:R -1.5:1
Analyst target$36.75-6.6%4 analysts
$39.69our TP
$39.34price
$36.75mean
$33
$43

Hold if already holding. Not a fresh buy at $39.34, but acceptable to hold if already in. Reason: Analyst target reached - limited upside remaining. Chart setup: Death cross but MACD improving, RSI 72. Downgraded from BUY WAIT — price $39.34 has reached target $39.69. No upside to wait for. Score 6.0/10, moderate confidence.

Passes 7/10 gates (positive momentum, clean insider activity, positive momentum, no SEC red flags, news events none recent, semi cycle peak clear, materials cycle peak clear). Fails on favorable risk/reward ratio and earnings proximity 3d<=7d. Suitability: aggressive.

news + 30-day 8-K events · 5-min refresh

Recent developments

updated 2026-07-26
TrendMatrix Research · upcoming catalyst calendar

Upcoming dated catalysts

Tue, Jul 28, 20263d to earnings· next earnings call

Thesis

Rewards
No bull case signals
Risks
Analyst target reached - limited upside remaining

Key Metrics

P/E (TTM)9.6
P/E (Fwd)9.8
Mkt Cap$2.8B
EV/EBITDA7.0
Profit Mgn23.5%
ROE72.5%
Rev Growth9.3%
Beta1.67
Dividend8.80%
Rating analysts9

Quality Signals

Piotroski F7/9MoatNarrow

Options Flow

P/C1.27bearish
IV57%elevated

Concentration Risks(10-K Item 1A)

  • MEDIUMGeographicnon-U.S. company strategies48%
    10-K Item 1A: 'approximately 48% of our AUM were invested in strategies that primarily invest in securities of non-U.S. companies'
  • LOWCustomerlargest separate account12%
    10-K Item 1: 'our largest separate account relationship representing approximately 12% of our AUM'
  • LOWCustomertwo largest intermediary relationships9.0%
    10-K Item 1A: 'Our two largest intermediary relationships across multiple distribution channels each represented approximately 9% of our total AUM'

Model-generated analysis — not investment advice. Not a registered investment advisor. Past performance does not guarantee future results.

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About TrendMatrix. TrendMatrix is a publisher of general securities research and market commentary. We publish on a regular schedule. All content is the same for every subscriber in a tier — we do not provide personalized investment advice and we do not take into account any individual subscriber's financial situation, investment objectives, risk tolerance, tax situation, or holdings.

Not investment advice. TrendMatrix is not a registered investment adviser. Our content is for informational and educational purposes only. Consult your own licensed investment adviser, broker, or tax professional before making any investment decision.

Conflicts and positions. The TrendMatrix editorial team frequently holds personal long-term positions in securities discussed. We disclose positions held at the time of publication on each piece. We maintain a trading-window policy: we do not initiate or close positions in the same direction as a TrendMatrix publication within 24 hours before or 72 hours after publication.

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Performance. Past performance is not indicative of future results. Performance figures reflect the published model only and do not reflect any individual subscriber's actual results.

Methodology · Editorial policy & full disclaimer

Rating Breakdown

2 floor-breakers

Growth below the gate floor. Component breakdown shows what dragged the score down.static

Earnings Growth
0.5
Revenue Growth
4.8

Technicals below the gate floor. Component breakdown shows what dragged the score down.static

Support Resistance
1.8
Bollinger
1.9
52w Position
7.8
GatesA.R:R -1.5=NEGATIVEEARNINGS PROXIMITY 3d<=7dDeath cross exempted (quality + momentum high enough)Momentum 5.7>=5.5Insider activity: OKNo SEC red flagsNEWS EVENTS NONE RECENTSEMI CYCLE PEAK CLEARMATERIALS CYCLE PEAK CLEARRecoverySuitability: Aggressive
RSI
72 · Overbought
20D MA 50D MA 200D MADEATH CROSSSupport $33.96Resistance $40.50

Price Targets

$33
$34
$40
A.Upside-20.6%
A.R:R-1.5:1

Position Sizing

ConvictionNone
Suggested %0.5%
Max %1%
RegimeSteady

Risk Alerts

! Target reached (-20.6% upside)
! Earnings in 3 days - binary event risk
! Negative risk/reward — downside exceeds upside

Earnings

B
B
B
M
3/4 beats
Next Earnings2026-07-28 (3d)

Verdict History

reverse chrono — latest first
Loading history...
Verdicts are recorded on every nightly pipeline run. Rows capture transitions (verdict flips, score deltas ≥0.3, entry/TP/SL changes). Rows with a ▶ can be expanded to see the change reason. Aggregate cohort performance is tracked in the recommendation ledger.
Frequently Asked Questions
Is APAM stock a buy right now?

Hold if already holding. Not a fresh buy at $39.34, but acceptable to hold if already in. Reason: Analyst target reached - limited upside remaining. Chart setup: Death cross but MACD improving, RSI 72. Downgraded from BUY WAIT — price $39.34 has reached target $39.69. No upside to wait for. Target $39.69 (+0.9%), stop $32.94 (−19.4%), A.R:R -1.5:1. Score 6.0/10, moderate confidence.

What is the APAM stock price target?

Take-profit target: $39.69 (-20.6% upside). Target $39.69 (+0.9%), stop $32.94 (−19.4%), A.R:R -1.5:1. Stop-loss: $32.94.

What are the risks of investing in APAM?

Analyst target reached - limited upside remaining.

Is APAM overvalued or undervalued?

Artisan Partners Asset Manageme trades at a P/E of 9.6 (forward 9.8). TrendMatrix value score: 7.1/10. Verdict: Hold.

What do analysts say about APAM?

9 analysts cover APAM with a consensus score of 2.4/5. Average price target: $37.

What does Artisan Partners Asset Manageme do?Artisan Partners Asset Management, founded in 1994, manages $179.9 billion in AUM across active equity, credit, and...

Artisan Partners Asset Management, founded in 1994, manages $179.9 billion in AUM across active equity, credit, and alternative investment strategies globally via an autonomous team structure. Revenue comes almost entirely from investment management fees on average AUM, with 61% of assets sourced through intermediated wealth channels and 39% through institutional channels.

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