AllianceBernstein (AB)

• Market cap: $3.99B
• 1 day: -2.17%
• 5 days: -4.50%
• 1 month: -5.07%
• 3 months: -9.27%
• 6 months: -4.57%
• Year to date: -2.59%
• 1 year: 7.28%
• 5 years: 86.47%
• 10 years: 15.45%
• Sector: Financials
• Industry: Asset Management

About: AllianceBernstein provides investment management services to institutional (42% of assets under management), retail (41%), and private (17%) clients through products that includes mutual funds, hedge funds, and separately managed accounts. At the end of October 2024, AB had $793 billion in managed assets, composed primarily of fixed-income (37% of AUM) and equity (42%) strategies, with other investments (made up of asset allocation services and certain other alternative investments) accounting for the remainder.

Employees: 4,341

Fund manager confidence

Based on 2024 Q4 regulatory disclosures by fund managers ($100M+ AUM)

200% more first-time investments, than exits

New positions opened: 54 | Existing positions closed: 18

124% more call options, than puts

Call options by funds: $12.9M | Put options by funds: $5.75M

113% more repeat investments, than reductions

Existing positions increased: 102 | Existing positions reduced: 48

45% more capital invested

Capital invested by funds: $795M [Q3] → $1.15B (+$358M) [Q4]

11% more funds holding

Funds holding: 258 [Q3] → 287 (+29) [Q4]

3.02% more ownership

Funds ownership: 19.53% [Q3] → 22.55% (+3.02%) [Q4]

0% more funds holding in top 10

Funds holding in top 10: 2 [Q3] → 2 (+0) [Q4]

Research analyst outlook

4 Wall Street Analysts provided 1 year price targets over the past 3 months

• Low target: $34 6% downside
• Avg. target: $37 1% upside
• High target: $38 5% upside

4 analyst ratings

• positive: 1 25%
• neutral: 3 75%
• negative: 0 0%

Barclays Benjamin Budish 61% 1-year accuracy 81 / 132 met price target	0% downside $36	Equal-Weight Maintained	16 Apr 2025
Evercore ISI Group John Dunn 53% 1-year accuracy 9 / 17 met price target	5% upside $38	Outperform Maintained	11 Apr 2025
TD Cowen Bill Katz 59% 1-year accuracy 20 / 34 met price target	6% downside $34	Hold Maintained	9 Apr 2025
B of A Securities Craig Siegenthaler 61% 1-year accuracy 22 / 36 met price target	5% upside $38	Neutral Downgraded	3 Apr 2025