earnings
confidence high
sentiment negative
materiality 0.75
Artisan Partners Q1 adj EPS $0.87; AUM falls 4%; quarterly dividend reduced to $0.77
Artisan Partners Asset Management Inc.
2026-Q1 EPS
reported $0.76
vs consensus $0.95
▼ miss
(-20.3%)
- GAAP diluted EPS $0.76, adjusted EPS $0.87 vs $0.83 YoY; revenue $303M (+9% YoY).
- AUM $173.0B at Mar 31, down 4% from Dec 31; net outflows $3.1B in Q1.
- Closed Grandview Property Partners acquisition in Q1; added $39.5M goodwill and $8.0M intangibles.
- Variable quarterly dividend declared $0.77/share (vs $1.01 prior); payable May 29 to holders of record May 15.
- Credit teams raised $1.1B; equity strategies experienced net outflows due to client de-risking.