Kerusso Capital Management LLC Has $4.31 Million Position in Ameriprise Financial, Inc. $AMP

Kerusso Capital Management LLC raised its position in shares of Ameriprise Financial, Inc. (NYSE:AMP) by 37.0% during the 4th quarter, Holdings Channel.com reports. The firm owned 8,780 shares of the financial services provider’s stock after acquiring an additional 2,373 shares during the period. Ameriprise Financial accounts for 2.0% of Kerusso Capital Management LLC’s investment portfolio, making the stock its 23rd biggest position. Kerusso Capital Management LLC’s holdings in Ameriprise Financial were worth $4,305,000 at the end of the most recent quarter.

Other large investors also recently added to or reduced their stakes in the company. Holos Integrated Wealth LLC acquired a new stake in Ameriprise Financial during the 4th quarter valued at $30,000. Redmont Wealth Advisors LLC acquired a new stake in Ameriprise Financial during the 3rd quarter valued at $32,000. WFA of San Diego LLC acquired a new stake in Ameriprise Financial during the 2nd quarter valued at $36,000. Salomon & Ludwin LLC raised its stake in Ameriprise Financial by 76.8% during the 3rd quarter. Salomon & Ludwin LLC now owns 99 shares of the financial services provider’s stock valued at $49,000 after purchasing an additional 43 shares during the period. Finally, Corundum Trust Company INC acquired a new stake in Ameriprise Financial during the 3rd quarter valued at $49,000. 83.95% of the stock is owned by institutional investors and hedge funds.

Insider Buying and Selling

In related news, CEO William F. Truscott sold 5,000 shares of the stock in a transaction dated Tuesday, February 10th. The shares were sold at an average price of $532.08, for a total value of $2,660,400.00. Following the completion of the transaction, the chief executive officer owned 12,149 shares of the company’s stock, valued at $6,464,239.92. This represents a 29.16% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is available at this hyperlink. Also, CFO Walter Stanley Berman sold 7,000 shares of the stock in a transaction dated Thursday, February 5th. The stock was sold at an average price of $544.22, for a total transaction of $3,809,540.00. Following the completion of the transaction, the chief financial officer directly owned 5,609 shares of the company’s stock, valued at $3,052,529.98. This trade represents a 55.52% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Insiders sold 16,658 shares of company stock valued at $8,998,675 over the last quarter. Corporate insiders own 0.60% of the company’s stock.

Ameriprise Financial Stock Down 1.9%

AMP stock opened at $459.69 on Friday. The company has a debt-to-equity ratio of 0.86, a current ratio of 0.68 and a quick ratio of 0.68. The company has a 50-day moving average of $454.74 and a two-hundred day moving average of $474.78. Ameriprise Financial, Inc. has a 52-week low of $422.37 and a 52-week high of $550.18. The stock has a market capitalization of $41.91 billion, a price-to-earnings ratio of 12.64, a price-to-earnings-growth ratio of 1.15 and a beta of 1.27.

Ameriprise Financial (NYSE:AMP) last released its earnings results on Thursday, April 23rd. The financial services provider reported $11.26 earnings per share for the quarter, beating the consensus estimate of $10.21 by $1.05. Ameriprise Financial had a net margin of 19.28% and a return on equity of 63.04%. The business had revenue of $4.77 billion during the quarter, compared to analysts’ expectations of $4.82 billion. During the same quarter last year, the company earned $9.50 earnings per share. The firm’s revenue was up 9.7% on a year-over-year basis. As a group, equities research analysts anticipate that Ameriprise Financial, Inc. will post 41.06 EPS for the current year.

Ameriprise Financial Increases Dividend

The firm also recently declared a quarterly dividend, which will be paid on Friday, May 22nd. Investors of record on Monday, May 4th will be given a $1.70 dividend. This represents a $6.80 annualized dividend and a yield of 1.5%. This is a boost from Ameriprise Financial’s previous quarterly dividend of $1.60. The ex-dividend date of this dividend is Monday, May 4th. Ameriprise Financial’s dividend payout ratio (DPR) is currently 17.60%.

Analysts Set New Price Targets

A number of equities analysts have recently weighed in on AMP shares. BMO Capital Markets reaffirmed a “market perform” rating on shares of Ameriprise Financial in a research note on Tuesday, March 3rd. Weiss Ratings reaffirmed a “buy (b-)” rating on shares of Ameriprise Financial in a research note on Monday, December 29th. Royal Bank Of Canada reaffirmed an “outperform” rating and issued a $605.00 price target (up from $580.00) on shares of Ameriprise Financial in a research note on Monday, February 2nd. Jefferies Financial Group lifted their target price on shares of Ameriprise Financial from $600.00 to $620.00 and gave the company a “buy” rating in a research note on Monday, February 2nd. Finally, Keefe, Bruyette & Woods initiated coverage on shares of Ameriprise Financial in a research report on Friday, April 10th. They set a “hold” rating on the stock. One analyst has rated the stock with a Strong Buy rating, four have issued a Buy rating, five have given a Hold rating and one has issued a Sell rating to the stock. Based on data from MarketBeat.com, Ameriprise Financial has a consensus rating of “Hold” and a consensus target price of $544.22.

Key Ameriprise Financial News

Here are the key news stories impacting Ameriprise Financial this week:

• Positive Sentiment: Q1 EPS materially beat expectations (reported $11.26 vs. ~ $10.20–$10.60 consensus), signaling strong profitability and driving investor interest. Ameriprise Financial Services (AMP) Tops Q1 Earnings and Revenue Estimates
• Positive Sentiment: The board approved a 6% increase in the regular quarterly dividend to $1.70 per share (payable May 22), which supports income investors and signals confidence in cash flow. Ameriprise Financial Increases Regular Quarterly Dividend 6 Percent
• Positive Sentiment: Media coverage highlighting client satisfaction and Ameriprise’s charitable work frames the business as undervalued relative to service quality and long-term client retention — a supportive narrative for investors looking past short-term noise. Ameriprise Charitable Honors And Client Satisfaction Contrast With Undervalued Shares
• Neutral Sentiment: Company press release and slide deck provide full Q1 detail: strong margins and ROE (net margin ~19.3%, ROE ~63%), but mixed top-line signals — useful for analysts and investors digging into segment performance. View Press Release
• Neutral Sentiment: Analyst consensus remains conservative (consensus rating noted as “Hold”), suggesting limited near-term upside from analyst revisions despite the EPS beat. Ameriprise Financial, Inc. (NYSE:AMP) Receives Consensus Rating of “Hold” from Analysts
• Negative Sentiment: Revenue missed some analyst estimates (reported ~$4.77B vs. ~ $4.82B consensus in some reports), which likely drove profit-taking and caution among investors focused on growth and AUM-related fees. Compared to Estimates, Ameriprise (AMP) Q1 Earnings: A Look at Key Metrics

Ameriprise Financial Profile

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.

Core products and services include comprehensive financial planning and advisory services, managed investment portfolios, retirement planning solutions, annuities and life insurance products.