(AB) AllianceBernstein Holding - Overview
Stock: Equity, Fixed-Income, Real-Estate, Alternatives, Multi-Asset
EPS (Earnings per Share)
Revenue
Dividends
| Dividend Yield | 8.93% |
| Yield on Cost 5y | 13.32% |
| Yield CAGR 5y | -0.78% |
| Payout Consistency | 91.7% |
| Payout Ratio | 143.4% |
| Risk 5d forecast | |
|---|---|
| Volatility | 54.8% |
| Relative Tail Risk | 0.33% |
| Reward TTM | |
|---|---|
| Sharpe Ratio | 0.65 |
| Alpha | -3.54 |
| Character TTM | |
|---|---|
| Beta | 0.644 |
| Beta Downside | 0.458 |
| Drawdowns 3y | |
|---|---|
| Max DD | 32.68% |
| CAGR/Max DD | 0.28 |
Description: AB AllianceBernstein Holding January 10, 2026
AllianceBernstein Holding L.P. (NYSE:AB) is a publicly traded investment manager that offers a broad suite of services to institutional and individual clients, including pension plans, banks, trusts, government agencies, charities, and corporations.
The firm constructs separate, client-focused portfolios that invest across a diversified set of asset classes: common and preferred equities, warrants and convertibles, government and corporate bonds, commodities, currencies, real-estate-related assets, and inflation-protected securities.
Its investment process blends quantitative analysis with discretionary tactics such as long- and short-term purchases, short-sales, margin financing, and option strategies (covered, uncovered, and spreads). AllianceBernstein also supplements its in-house research with external providers to broaden its idea set.
Founded in 1967 and headquartered in Nashville, Tennessee, the firm operates additional offices in New York and rebranded from Alliance Capital Management Holding LP.
**Key metrics (2023)**: ≈ $600 billion in assets under management (AUM), $1.6 billion in total revenue, and a net profit margin of roughly 15 %. These figures place AB among the mid-tier U.S. asset managers, where scale is a competitive advantage but fee compression remains a headwind.
**Sector drivers**: The asset-management industry is being reshaped by three forces-(1) a gradual shift toward low-cost passive products, (2) heightened client demand for ESG-integrated strategies, and (3) a low-interest-rate environment that squeezes net interest margins on fixed-income portfolios. AllianceBernstein’s diversified product mix and active-management focus aim to mitigate fee pressure, while its growing ESG capabilities address a key client demand.
**Economic backdrop**: U.S. corporate earnings growth and a resilient labor market support equity-heavy allocations, whereas the Federal Reserve’s policy stance influences the attractiveness of the firm’s fixed-income and inflation-protected securities.
For a deeper, data-driven look at AB’s valuation and risk profile, you may find ValueRay’s analytics platform useful.
Piotroski VR‑10 (Strict, 0-10) 5.0
| Net Income: 323.5m TTM > 0 and > 6% of Revenue |
| FCF/TA: 0.31 > 0.02 and ΔFCF/TA 15.24 > 1.0 |
| NWC/Revenue: 231.6% < 20% (prev 35.27%; Δ 196.4% < -1%) |
| CFO/TA 0.31 > 3% & CFO 362.6m > Net Income 323.5m |
| Net Debt (-832.0m) to EBITDA (359.6m): -2.31 < 3 |
| Current Ratio: -924.5 > 1.5 & < 3 |
| Outstanding Shares: last quarter (110.6m) vs 12m ago -3.01% < -2% |
| Gross Margin: error (current vs previous; cannot be calculated due to missing/invalid data or negative margin) |
| Asset Turnover: 21.94% > 50% (prev 20.67%; Δ 1.27% > 0%) |
| Interest Coverage Ratio: -4.09 > 6 (EBITDA TTM 359.6m / Interest Expense TTM 84.5m) |
What is the price of AB shares?
Over the past week, the price has changed by -7.31%, over one month by -0.40%, over three months by -0.58% and over the past year by +19.54%.
Is AB a buy, sell or hold?
- StrongBuy: 1
- Buy: 1
- Hold: 5
- Sell: 0
- StrongSell: 0
What are the forecasts/targets for the AB price?
| Issuer | Target | Up/Down from current |
|---|---|---|
| Wallstreet Target Price | 40.9 | 3.6% |
| Analysts Target Price | 40.9 | 3.6% |
| ValueRay Target Price | 44.9 | 13.8% |
AB Fundamental Data Overview February 05, 2026
P/E Forward = 11.2108
P/S = 10.1475
P/B = 3.1978
P/EG = 0.6343
Revenue TTM = 359.6m USD
EBIT TTM = -345.4m USD
EBITDA TTM = 359.6m USD
Long Term Debt = unknown (none)
Short Term Debt = unknown (none)
Debt = unknown
Net Debt = -832.0m USD (from netDebt column, last fiscal year)
Enterprise Value = 3.74b USD (4.57b + (null Debt) - CCE 832.0m)
Interest Coverage Ratio = -4.09 (Ebit TTM -345.4m / Interest Expense TTM 84.5m)
EV/FCF = 10.31x (Enterprise Value 3.74b / FCF TTM 362.6m)
FCF Yield = 9.70% (FCF TTM 362.6m / Enterprise Value 3.74b)
FCF Margin = 100.8% (FCF TTM 362.6m / Revenue TTM 359.6m)
Net Margin = 89.96% (Net Income TTM 323.5m / Revenue TTM 359.6m)
Gross Margin = unknown ((Revenue TTM 359.6m - Cost of Revenue TTM 1.85b) / Revenue TTM)
Tobins Q-Ratio = 3.17 (Enterprise Value 3.74b / Total Assets 1.18b)
Interest Expense / Debt = unknown (Interest Expense 84.5m / Debt none)
Taxrate = 9.41% (7.66m / 81.4m)
NOPAT = -312.9m (EBIT -345.4m * (1 - 9.41%)) [loss with tax shield]
Current Ratio = unknown (Total Current Assets 832.0m / Total Current Liabilities -900.0k)
Debt / Equity = unknown (Debt none)
Debt / EBITDA = -2.31 (Net Debt -832.0m / EBITDA 359.6m)
Debt / FCF = -2.29 (Net Debt -832.0m / FCF TTM 362.6m)
Total Stockholder Equity = 1.80b (last 4 quarters mean from totalStockholderEquity)
RoA = 19.74% (Net Income 323.5m / Total Assets 1.18b)
RoE = 18.00% (Net Income TTM 323.5m / Total Stockholder Equity 1.80b)
RoCE = -29.28% (EBIT -345.4m / Capital Employed (Total Assets 1.18b - Current Liab -900.0k))
RoIC = -99.35% (out of range, set to none) (EBIT -345.4m / (Assets 1.18b - Curr.Liab -900.0k - Cash 832.0m))
WACC = 8.29% (E(4.57b)/V(4.57b) * Re(8.29%) + (debt-free company))
Discount Rate = 8.29% (= CAPM, Blume Beta Adj.)
Shares Correlation 3-Years: -33.33 | Cagr: -0.44%
[DCF Debug] Terminal Value 78.64% ; FCFF base≈347.9m ; Y1≈388.6m ; Y5≈513.4m
Fair Price DCF = 101.1 (EV 8.37b - Net Debt -832.0m = Equity 9.20b / Shares 91.0m; r=8.29% [WACC]; 5y FCF grow 13.55% → 2.90% )
EPS Correlation: -2.78 | EPS CAGR: -10.25% | SUE: 0.44 | # QB: 0
Revenue Correlation: 13.29 | Revenue CAGR: -12.46% | SUE: -0.75 | # QB: 0
EPS next Quarter (2026-03-31): EPS=0.88 | Chg30d=-0.019 | Revisions Net=-1 | Analysts=5
EPS next Year (2026-12-31): EPS=3.74 | Chg30d=-0.037 | Revisions Net=-2 | Growth EPS=+12.8% | Growth Revenue=+9.2%