Ares Management (NYSE:ARES – Free Report) had its target price lowered by JPMorgan Chase & Co. from $155.00 to $154.00 in a report issued on Friday morning,Benzinga reports. JPMorgan Chase & Co. currently has an overweight rating on the asset manager’s stock.
Several other research analysts also recently commented on ARES. The Goldman Sachs Group decreased their price target on shares of Ares Management from $145.00 to $139.00 and set a “buy” rating on the stock in a research note on Friday, October 2nd. Citizens Jmp cut their price objective on shares of Ares Management from $190.00 to $160.00 and set a “market outperform” rating for the company in a report on Thursday, July 9th. TD Cowen dropped their price target on shares of Ares Management from $159.00 to $158.00 and set a “buy” rating for the company in a research note on Friday. BMO Capital Markets lowered their price target on shares of Ares Management from $134.00 to $130.00 and set a “market perform” rating on the stock in a research report on Tuesday, October 27th. Finally, Rothschild & Co Redburn lifted their target price on Ares Management from $134.00 to $138.00 and gave the company a “neutral” rating in a research note on Tuesday, August 4th. One equities research analyst has rated the stock with a Strong Buy rating, eleven have given a Buy rating and nine have issued a Hold rating to the company. Based on data from MarketBeat.com, Ares Management presently has a consensus rating of “Moderate Buy” and a consensus target price of $146.21.
View Our Latest Analysis on Ares Management
Ares Management Stock Up 0.0%
Shares of NYSE ARES opened at $128.16 on Friday. Ares Management has a 52-week low of $95.80 and a 52-week high of $181.19. The company has a quick ratio of 0.26, a current ratio of 0.26 and a debt-to-equity ratio of 1.00. The stock has a market capitalization of $42.33 billion, a PE ratio of 103.35, a P/E/G ratio of 1.18 and a beta of 1.53. The firm has a fifty day moving average of $126.00 and a 200-day moving average of $125.26.
Ares Management (NYSE:ARES – Get Free Report) last issued its quarterly earnings data on Thursday, October 29th. The asset manager reported $1.26 earnings per share for the quarter, beating the consensus estimate of $1.25 by $0.01. The firm had revenue of $1.43 billion for the quarter, compared to analyst estimates of $1.24 billion. Ares Management had a net margin of 7.51% and a return on equity of 25.74%. The company’s revenue for the quarter was down 13.5% on a year-over-year basis. During the same quarter last year, the firm earned $1.15 earnings per share. On average, analysts anticipate that Ares Management will post 5.73 EPS for the current year.
Ares Management Dividend Announcement
The business also recently disclosed a quarterly dividend, which will be paid on Thursday, December 31st. Shareholders of record on Thursday, December 17th will be issued a dividend of $1.35 per share. This represents a $5.40 dividend on an annualized basis and a yield of 4.2%. The ex-dividend date of this dividend is Thursday, December 17th. Ares Management’s dividend payout ratio (DPR) is 435.48%.
Institutional Trading of Ares Management
Several institutional investors and hedge funds have recently bought and sold shares of ARES. Curated Wealth Partners LLC boosted its stake in Ares Management by 968.3% in the third quarter. Curated Wealth Partners LLC now owns 1,450,854 shares of the asset manager’s stock valued at $168,546,000 after acquiring an additional 1,315,043 shares during the period. ICG Advisors LLC bought a new position in shares of Ares Management during the 3rd quarter worth approximately $98,392,000. Janus Henderson Group PLC raised its position in Ares Management by 43.8% in the 1st quarter. Janus Henderson Group PLC now owns 1,653,078 shares of the asset manager’s stock worth $180,343,000 after purchasing an additional 503,688 shares during the last quarter. Advent International L.P. increased its stake in Ares Management by 9,353.6% in the first quarter. Advent International L.P. now owns 428,720 shares of the asset manager’s stock valued at $46,773,000 after purchasing an additional 424,185 shares in the last quarter. Finally, Munich Reinsurance Co Stock Corp in Munich acquired a new stake in shares of Ares Management in the first quarter valued at approximately $44,773,000. 50.03% of the stock is currently owned by hedge funds and other institutional investors.
Trending Headlines about Ares Management
Here are the key news stories impacting Ares Management this week:
- Positive Sentiment: Third-quarter adjusted EPS came in at $1.26, narrowly exceeding the $1.25 consensus estimate, while revenue of $1.43 billion substantially topped expectations of $1.24 billion. Assets under management rose to approximately $690.6 billion, supported by higher management fees and capital inflows. Ares Q3 Earnings Beat Estimates
- Positive Sentiment: Fundraising momentum remains strong: Ares raised more than $31 billion in gross commitments during the quarter, including an $8 billion first close for its flagship credit fund, and invested approximately $35 billion. Management also said it is positioned for a potentially record fundraising year. Ares Flagship Credit Fund First Close
- Positive Sentiment: Direct-lending activity was substantial, with $6.3 billion of U.S. commitments closed across 55 transactions in the quarter and $43.4 billion over the past 12 months. Ares also expects $300 million to $325 million of 2026 net realized performance income, including $115 million to $125 million in the fourth quarter. Ares Direct Lending Activity
- Positive Sentiment: Analysts increased their targets: Barclays raised its target to $151, Wells Fargo to $141, RBC to $171 and TD Cowen maintained a buy rating with a $158 target. These targets imply meaningful potential upside and may support the stock’s advance. Analyst Price Target Changes
- Positive Sentiment: Ares declared a quarterly dividend of $1.35 per share, equivalent to $5.40 annually and a yield of approximately 4.2%, enhancing the stock’s income appeal. Ares Third Quarter Results
- Neutral Sentiment: Keefe, Bruyette & Woods lifted its target from $119 to $130 but retained a market-perform rating, suggesting limited upside relative to the more bullish analyst views. KBW Ares Rating
- Negative Sentiment: Despite the adjusted earnings beat, GAAP net income was $85.3 million and revenue declined 13.5% year over year, highlighting pressure from weaker realized performance income and potentially tempering the market’s response to the otherwise strong operating metrics. Ares Q3 Income Declines
About Ares Management
Ares Management Corporation (NYSE: ARES) is a global alternative investment manager that provides investment solutions across credit, private equity, real assets and secondaries. The company manages capital on behalf of institutional investors, pension funds, insurance companies, sovereign wealth funds, family offices and individual investors.
Its investment activities include direct lending and other credit strategies, control and minority investments in private companies, real estate and infrastructure investments, and secondary-market transactions involving private assets and fund interests.
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