Ares Management (NYSE:ARES) Stock Price Target Raised at Royal Bank Of Canada

Ares Management (NYSE:ARES – Get Free Report) had its price objective upped by equities research analysts at Royal Bank Of Canada from $168.00 to $171.00 in a research report issued to clients and investors on Friday, Benzinga reports. The brokerage currently has an “outperform” rating on the asset manager’s stock. Royal Bank Of Canada‘s target price points to a potential upside of 34.47% from the company’s current price.

Several other equities analysts also recently commented on the stock. Citigroup reissued a “market outperform” rating on shares of Ares Management in a research note on Friday. TD Cowen decreased their target price on shares of Ares Management from $163.00 to $159.00 and set a “buy” rating on the stock in a research note on Monday, October 12th. Morgan Stanley set a $149.00 price target on Ares Management in a research note on Friday, October 16th. Bank of America cut their price objective on Ares Management from $160.00 to $156.00 in a report on Monday, October 5th. Finally, Deutsche Bank Aktiengesellschaft restated a “buy” rating and set a $144.00 price objective (up from $140.00) on shares of Ares Management in a research report on Monday, August 3rd. 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’s stock. According to MarketBeat.com, Ares Management has a consensus rating of “Moderate Buy” and a consensus target price of $145.95.

Read Our Latest Report on Ares Management

Ares Management Price Performance

Shares of NYSE:ARES traded down $0.30 during midday trading on Friday, hitting $127.17. The stock had a trading volume of 560,234 shares, compared to its average volume of 2,885,644. The company’s 50-day moving average price is $126.24 and its 200-day moving average price is $125.49. Ares Management has a fifty-two week low of $95.80 and a fifty-two 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 company has a market capitalization of $42.00 billion, a P/E ratio of 58.28, a price-to-earnings-growth ratio of 1.12 and a beta of 1.53.

Ares Management (NYSE:ARES – Get Free Report) last posted its quarterly earnings results on Thursday, October 29th. The asset manager reported $1.26 EPS for the quarter, topping analysts’ consensus estimates of $1.25 by $0.01. Ares Management had a return on equity of 25.42% and a net margin of 10.63%. The company had revenue of $1.43 billion during the quarter, compared to analysts’ expectations of $1.24 billion. During the same quarter in the previous year, the firm earned $1.15 EPS. Ares Management’s revenue was down 13.5% on a year-over-year basis. As a group, equities research analysts predict that Ares Management will post 5.80 EPS for the current fiscal year.

Institutional Investors Weigh In On Ares Management

Institutional investors have recently made changes to their positions in the stock. Triumph Capital Management lifted its stake in shares of Ares Management by 127.3% in the second quarter. Triumph Capital Management now owns 250 shares of the asset manager’s stock worth $28,000 after acquiring an additional 140 shares during the period. Greenleaf Trust boosted its holdings in Ares Management by 4.6% in the third quarter. Greenleaf Trust now owns 3,236 shares of the asset manager’s stock valued at $376,000 after acquiring an additional 142 shares during the last quarter. CoreCap Advisors LLC increased its position in Ares Management by 178.0% during the 3rd quarter. CoreCap Advisors LLC now owns 253 shares of the asset manager’s stock valued at $29,000 after purchasing an additional 162 shares during the period. Vontobel Holding Ltd. increased its position in Ares Management by 3.6% during the 3rd quarter. Vontobel Holding Ltd. now owns 4,751 shares of the asset manager’s stock valued at $552,000 after purchasing an additional 166 shares during the period. Finally, Victory Financial Group LLC increased its position in Ares Management by 9.3% during the 3rd quarter. Victory Financial Group LLC now owns 1,987 shares of the asset manager’s stock valued at $231,000 after purchasing an additional 169 shares during the period. Institutional investors own 50.03% of the company’s stock.

Key Headlines Impacting Ares Management

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

  • Positive Sentiment: Analysts raised price targets. Barclays lifted its target from $139 to $151 and maintained an “overweight” rating, implying substantial upside. Keefe, Bruyette & Woods raised its target from $119 to $130 but kept a “market perform” rating, signaling a more cautious view. Barclays analyst rating Keefe, Bruyette & Woods analyst rating
  • Positive Sentiment: Fundraising and asset growth remain strong. Ares raised more than $31 billion during the quarter, invested approximately $35 billion, and increased assets under management to roughly $690.6 billion. The firm also secured an $8 billion first close for its flagship credit fund and said it is on track for a record fundraising year, led by private credit and real assets. Ares flagship credit fund first close
  • Positive Sentiment: Quarterly results modestly exceeded expectations. Third-quarter EPS was $1.26 versus the $1.25 consensus, while revenue of $1.43 billion topped the $1.24 billion estimate. Fee-related earnings reached $524.2 million, and Ares expects $300 million to $325 million of 2026 net realized performance income, including $115 million to $125 million in the fourth quarter. Ares third-quarter results
  • Positive Sentiment: Credit activity and shareholder returns support sentiment. Ares closed approximately $6.3 billion of U.S. direct-lending commitments in the quarter and declared a $1.35 quarterly dividend, or $5.40 annualized, representing a yield of about 4.2%. The company is also participating with Blue Owl and KKR in financing AI data centers. Ares direct lending activity
  • Negative Sentiment: Revenue and GAAP profitability declined year over year. Reported revenue fell 13.5% from the prior-year period, while GAAP net income was $85.3 million, or $0.21 per share. The modest earnings beat and management’s positive outlook may not fully offset concerns about slower markets and valuation risk.

Ares Management Company Profile

(Get Free Report)

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.

See Also

Analyst Recommendations for Ares Management (NYSE:ARES)

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