5,601 Shares in Ares Management Corporation $ARES Purchased by Securian Asset Management Inc.

Securian Asset Management Inc. bought a new position in shares of Ares Management Corporation (NYSE:ARES) during the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund bought 5,601 shares of the asset manager’s stock, valued at approximately $905,000.

Other institutional investors and hedge funds also recently bought and sold shares of the company. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. raised its position in shares of Ares Management by 5.5% during the 1st quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 1,344 shares of the asset manager’s stock valued at $197,000 after buying an additional 70 shares during the period. Fulcrum Asset Management LLP grew its position in Ares Management by 1.7% in the third quarter. Fulcrum Asset Management LLP now owns 4,321 shares of the asset manager’s stock worth $691,000 after acquiring an additional 72 shares during the period. Oppenheimer Asset Management Inc. increased its stake in Ares Management by 1.3% during the third quarter. Oppenheimer Asset Management Inc. now owns 5,921 shares of the asset manager’s stock worth $947,000 after acquiring an additional 76 shares during the last quarter. Whittier Trust Co. of Nevada Inc. increased its stake in Ares Management by 13.8% during the third quarter. Whittier Trust Co. of Nevada Inc. now owns 685 shares of the asset manager’s stock worth $104,000 after acquiring an additional 83 shares during the last quarter. Finally, U.S. Capital Wealth Advisors LLC raised its position in Ares Management by 3.2% in the fourth quarter. U.S. Capital Wealth Advisors LLC now owns 2,666 shares of the asset manager’s stock valued at $431,000 after purchasing an additional 83 shares during the period. 50.03% of the stock is currently owned by institutional investors and hedge funds.

Analyst Ratings Changes

Several equities analysts have recently commented on ARES shares. The Goldman Sachs Group decreased their price target on Ares Management from $165.00 to $131.00 and set a “buy” rating on the stock in a research note on Tuesday, April 7th. TD Cowen reissued a “buy” rating on shares of Ares Management in a research report on Wednesday, January 14th. Zacks Research upgraded shares of Ares Management from a “strong sell” rating to a “hold” rating in a report on Tuesday, May 5th. BMO Capital Markets lowered their target price on shares of Ares Management from $140.00 to $112.00 and set a “market perform” rating for the company in a research note on Tuesday, March 24th. Finally, UBS Group set a $148.00 price target on shares of Ares Management in a research report on Friday, February 20th. One analyst has rated the stock with a Strong Buy rating, thirteen have given a Buy rating and five have issued a Hold rating to the company. Based on data from MarketBeat, Ares Management presently has a consensus rating of “Moderate Buy” and a consensus price target of $166.06.

Ares Management Price Performance

ARES stock opened at $123.31 on Thursday. The business’s fifty day moving average price is $111.18 and its 200 day moving average price is $138.34. Ares Management Corporation has a 12-month low of $95.80 and a 12-month high of $195.26. The company has a current ratio of 0.23, a quick ratio of 1.22 and a debt-to-equity ratio of 0.96. The company has a market capitalization of $40.63 billion, a PE ratio of 57.35, a P/E/G ratio of 1.08 and a beta of 1.50.

Ares Management (NYSE:ARES) last announced its earnings results on Friday, May 1st. The asset manager reported $1.24 EPS for the quarter, missing analysts’ consensus estimates of $1.32 by ($0.08). The firm had revenue of $1.40 billion for the quarter, compared to analysts’ expectations of $1.28 billion. Ares Management had a net margin of 10.54% and a return on equity of 22.14%. During the same quarter last year, the business earned $1.09 earnings per share. On average, sell-side analysts anticipate that Ares Management Corporation will post 6.05 EPS for the current year.

Ares Management Dividend Announcement

The firm also recently disclosed a quarterly dividend, which will be paid on Tuesday, June 30th. Stockholders of record on Tuesday, June 16th will be paid a $1.35 dividend. The ex-dividend date of this dividend is Tuesday, June 16th. This represents a $5.40 annualized dividend and a dividend yield of 4.4%. Ares Management’s dividend payout ratio (DPR) is presently 251.16%.

Insider Buying and Selling at Ares Management

In other Ares Management news, Director Judy D. Olian acquired 480 shares of the company’s stock in a transaction that occurred on Friday, February 20th. The stock was purchased at an average price of $124.43 per share, for a total transaction of $59,726.40. Following the completion of the acquisition, the director owned 29,734 shares of the company’s stock, valued at approximately $3,699,801.62. This trade represents a 1.64% increase in their position. The acquisition was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. Company insiders own 36.86% of the company’s stock.

About Ares Management

Ares Management Corporation (NYSE: ARES) is a global alternative asset manager that provides investment solutions across credit, private equity and real estate. The firm originates and manages capital across a range of strategies including direct lending, syndicated and special situations credit, private equity buyouts and growth investments, and real estate equity and debt. Ares serves institutional investors, insurance companies, pension funds, sovereign wealth funds, and high‑net‑worth clients through both commingled funds and bespoke managed account structures.

Within credit, Ares offers strategies spanning leveraged loans, structured credit, opportunistic and distressed debt, and specialty finance, with an emphasis on underwriting, portfolio construction and active asset management.