Ares Management Corporation $ARES Shares Acquired by Dynamic Advisor Solutions LLC

Dynamic Advisor Solutions LLC lifted its holdings in shares of Ares Management Corporation (NYSE:ARES) by 12.2% in the second quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 53,717 shares of the asset manager’s stock after purchasing an additional 5,853 shares during the period. Dynamic Advisor Solutions LLC’s holdings in Ares Management were worth $5,979,000 as of its most recent SEC filing.

Other institutional investors have also recently modified their holdings of the company. New York Life Investment Management LLC increased its position in Ares Management by 1,033.1% during the fourth quarter. New York Life Investment Management LLC now owns 28,272 shares of the asset manager’s stock worth $4,570,000 after buying an additional 25,777 shares in the last quarter. Osprey Private Wealth LLC lifted its position in shares of Ares Management by 25.6% in the fourth quarter. Osprey Private Wealth LLC now owns 64,530 shares of the asset manager’s stock valued at $10,430,000 after acquiring an additional 13,165 shares in the last quarter. Vanguard Group Inc. lifted its position in shares of Ares Management by 20.2% in the fourth quarter. Vanguard Group Inc. now owns 26,050,425 shares of the asset manager’s stock valued at $4,210,530,000 after acquiring an additional 4,373,955 shares in the last quarter. M&T Bank Corp boosted its stake in shares of Ares Management by 169.3% during the fourth quarter. M&T Bank Corp now owns 26,526 shares of the asset manager’s stock valued at $4,287,000 after acquiring an additional 16,677 shares during the last quarter. Finally, Tredje AP fonden acquired a new stake in shares of Ares Management during the fourth quarter valued at $3,753,000. 50.03% of the stock is currently owned by institutional investors and hedge funds.

Wall Street Analysts Forecast Growth

Several research analysts recently weighed in on ARES shares. TD Cowen boosted their target price on shares of Ares Management from $153.00 to $155.00 and gave the company a “buy” rating in a research note on Monday. Barclays decreased their price target on shares of Ares Management from $140.00 to $139.00 and set an “overweight” rating on the stock in a research note on Thursday, July 9th. Weiss Ratings reiterated a “hold (c)” rating on shares of Ares Management in a report on Tuesday, May 26th. Keefe, Bruyette & Woods raised shares of Ares Management to a “hold” rating in a research note on Monday, July 20th. Finally, Deutsche Bank Aktiengesellschaft restated a “buy” rating and set a $144.00 target price on shares of Ares Management in a research report on Monday. One investment analyst has rated the stock with a Strong Buy rating, eleven have assigned a Buy rating and six have assigned a Hold rating to the company’s stock. According to data from MarketBeat, the stock currently has an average rating of “Moderate Buy” and an average target price of $159.73.

Ares Management Stock Performance

NYSE ARES opened at $138.05 on Friday. The business’s 50-day moving average price is $124.95 and its 200 day moving average price is $122.77. Ares Management Corporation has a twelve month low of $95.80 and a twelve month high of $195.26. The company has a market capitalization of $45.54 billion, a PE ratio of 63.33, a price-to-earnings-growth ratio of 1.23 and a beta of 1.49. The company has a current ratio of 0.23, a quick ratio of 0.23 and a debt-to-equity ratio of 0.96.

Ares Management (NYSE:ARES) last posted its quarterly earnings results on Friday, July 31st. The asset manager reported $1.29 EPS for the quarter, beating the consensus estimate of $1.28 by $0.01. Ares Management had a return on equity of 25.47% and a net margin of 10.63%.The company had revenue of $1.43 billion during the quarter, compared to analysts’ expectations of $1.27 billion. During the same quarter in the previous year, the business earned $1.03 EPS. The firm’s revenue was up 5.8% on a year-over-year basis. On average, research analysts predict that Ares Management Corporation will post 5.95 earnings per share for the current year.

Ares Management Dividend Announcement

The business also recently declared a quarterly dividend, which will be paid on Wednesday, September 30th. Investors of record on Wednesday, September 16th will be given a dividend of $1.35 per share. The ex-dividend date of this dividend is Wednesday, September 16th. This represents a $5.40 annualized dividend and a yield of 3.9%. Ares Management’s dividend payout ratio is 247.71%.

Ares Management Company Profile

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.