AllianceBernstein Holding L.P. (AB)

AllianceBernstein's stock reached an all-time high of $42.80 on December 5, 2025. On February 5, 2026, the company announced its fourth-quarter and full-year results, reporting adjusted diluted net income of $0.96 per unit and raised its dividend by approximately 11%. Analyst ratings and price targets have seen adjustments. Insider trading activity shows a net buy position, primarily due to purchases by Equitable Holdings, Inc. In January 2026, Representative Nancy Pelosi purchased 25,000 shares of AllianceBernstein Holding L.P.

Demand for AllianceBernstein's products is influenced by market conditions and investor sentiment rather than strict seasonality. In 2025, retail flows softened, leading to net outflows, partially offset by strength in tax-exempt fixed income. Institutional outflows moderated, with private alternatives remaining a key growth engine. Demand for intermediate duration fixed income has strengthened.

AllianceBernstein is a global investment management firm offering diversified investment services and research to institutional investors, individuals, and private wealth clients. Its services include asset management, mutual funds, sell-side research, and private wealth management, investing in various asset classes. As of December 31, 2025, AllianceBernstein managed $867 billion in assets.

AllianceBernstein's headquarters is in Nashville, Tennessee, with additional offices in New York. The firm has a global presence, serving clients in major world markets, including Asia-Pacific markets like Taiwan and Hong Kong.

AllianceBernstein has undertaken initiatives that generally contribute positively to its brand reputation. AB Private Credit Investors rebranded its Fund & Manager Finance Platform. The firm published a white paper on biodiversity, highlighting its focus on responsible investing. The CEO's letter in the 2024 Annual Report noted a year of significant transformation.

Equitable Holdings, Inc. holds approximately 68.3% economic interest in AllianceBernstein as of December 31, 2025. AllianceBernstein Holding L.P. owned approximately 31.1% of AllianceBernstein. Peter S. Kraus is the largest individual shareholder, owning 10.87 million shares. Other significant individual owners include James A. Gingrich, Claude Bebear, James G. Reilly, Seth P. Bernstein, and David A. Steyn.