Ares Capital Corporation $ARCC Shares Purchased by LFG Wealth Partners LLC

LFG Wealth Partners LLC increased its stake in shares of Ares Capital Corporation (NASDAQ:ARCC) by 34.8% during the first quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 164,037 shares of the investment management company’s stock after buying an additional 42,384 shares during the period. Ares Capital comprises 1.8% of LFG Wealth Partners LLC’s portfolio, making the stock its 15th largest holding. LFG Wealth Partners LLC’s holdings in Ares Capital were worth $2,956,000 as of its most recent filing with the Securities and Exchange Commission.

Other institutional investors and hedge funds also recently added to or reduced their stakes in the company. Palladiem LLC acquired a new stake in shares of Ares Capital during the 4th quarter valued at approximately $26,000. SWAN Capital LLC acquired a new stake in shares of Ares Capital in the 3rd quarter worth approximately $27,000. Sankala Group LLC acquired a new stake in shares of Ares Capital in the 4th quarter worth approximately $28,000. Core Wealth Advisors LLC purchased a new position in Ares Capital in the 4th quarter valued at approximately $33,000. Finally, Quarry LP purchased a new position in Ares Capital in the 3rd quarter valued at approximately $33,000. 27.38% of the stock is currently owned by institutional investors and hedge funds.

Wall Street Analysts Forecast Growth

Several analysts have weighed in on the company. B. Riley Financial lowered their target price on Ares Capital from $22.00 to $20.00 and set a “buy” rating on the stock in a report on Wednesday, April 29th. Keefe, Bruyette & Woods cut their price target on Ares Capital from $21.00 to $20.00 and set an “outperform” rating for the company in a research note on Thursday. Wells Fargo & Company reissued an “equal weight” rating and issued a $19.00 price objective (down from $20.00) on shares of Ares Capital in a research note on Friday, June 12th. JPMorgan Chase & Co. dropped their target price on shares of Ares Capital from $19.00 to $18.50 and set an “overweight” rating for the company in a report on Thursday, July 2nd. Finally, Citizens Jmp cut their target price on shares of Ares Capital from $23.00 to $22.00 and set a “market outperform” rating for the company in a research report on Wednesday, April 22nd. Eight analysts have rated the stock with a Buy rating and three have issued a Hold rating to the company. According to MarketBeat, the stock currently has an average rating of “Moderate Buy” and an average price target of $20.40.

Ares Capital Stock Performance

NASDAQ ARCC opened at $18.76 on Monday. Ares Capital Corporation has a fifty-two week low of $17.40 and a fifty-two week high of $22.85. The stock has a market cap of $13.47 billion, a price-to-earnings ratio of 13.90 and a beta of 0.56. The business has a fifty day moving average of $18.67 and a 200-day moving average of $18.89. The company has a quick ratio of 1.28, a current ratio of 1.28 and a debt-to-equity ratio of 1.14.

Ares Capital (NASDAQ:ARCC) last issued its quarterly earnings data on Wednesday, July 29th. The investment management company reported $0.47 earnings per share (EPS) for the quarter, meeting the consensus estimate of $0.47. The business had revenue of $768.00 million for the quarter, compared to the consensus estimate of $770.19 million. Ares Capital had a return on equity of 9.80% and a net margin of 30.91%.During the same period in the prior year, the business earned $0.50 earnings per share. As a group, analysts predict that Ares Capital Corporation will post 1.9 earnings per share for the current fiscal year.

Ares Capital Announces Dividend

The company also recently announced a quarterly dividend, which will be paid on Wednesday, September 30th. Shareholders of record on Tuesday, September 15th will be issued a $0.48 dividend. This represents a $1.92 dividend on an annualized basis and a yield of 10.2%. The ex-dividend date is Tuesday, September 15th. Ares Capital’s dividend payout ratio is 142.22%.

Key Stories Impacting Ares Capital

Here are the key news stories impacting Ares Capital this week:

• Positive Sentiment: Second-quarter earnings held up, with adjusted EPS of $0.47 matching estimates and investment income remaining resilient. Management also highlighted ARCC’s scale, improving lending terms and balance-sheet flexibility despite a slower transaction market. Ares Capital’s Q2 Earnings Call Highlights Market Strength
• Positive Sentiment: ARCC declared a quarterly dividend of $0.48 per share, payable September 30 to shareholders of record September 15. The roughly 10.2% annualized yield and 17-year dividend streak support the stock’s appeal to income-focused investors. Ares Capital Just Extended Its Dividend Streak to 17 Years
• Positive Sentiment: Truist maintained a “buy” rating with a $21 price target, while Keefe, Bruyette & Woods retained an “outperform” rating with a $20 target, indicating analysts still see potential upside from current levels. Analyst Price Target Updates
• Neutral Sentiment: Broader private-credit results remained resilient, and strong fundraising across the Ares platform points to continued institutional demand. However, elevated defaults, retail redemptions and liquidity concerns remain important industry risks. Private Credit Roundup
• Negative Sentiment: Five ARCC borrowers were moved to non-accrual status during the second quarter. The largest was an $84.6 million subordinated loan to AmeriVet Veterinary Partners, raising concerns about portfolio credit quality and potential pressure on net asset value. Ares BDC Moves Five Borrowers to Non-Accrual
• Negative Sentiment: Although quarterly revenue was close to expectations, year-over-year expenses increased and unrealized losses weighed on results. Both Truist and KBW lowered their price targets, signaling a more cautious outlook even while keeping positive ratings. ARCC Stock Dips as Q2 Earnings Meet Estimates

Ares Capital Profile

Ares Capital Corporation (NASDAQ: ARCC) is a publicly traded business development company (BDC) that specializes in providing debt and equity financing solutions to U.S. middle-market companies. As a BDC, Ares Capital offers investors access to a diversified portfolio of tailored credit investments, including senior secured loans, unitranche financing, mezzanine debt and equity co-investments. The firm’s flexible capital structures are designed to support companies seeking growth capital, refinancing or strategic acquisitions.

Through its credit platform, Ares Capital focuses on originations, underwriting and portfolio management across a range of industries, with a particular emphasis on sectors such as healthcare, technology, industrials and business services.