HighTower Advisors LLC Cuts Stock Position in Ares Capital Corporation $ARCC

Posted by Francis Steltz on May 22nd, 2026

HighTower Advisors LLC lessened its holdings in Ares Capital Corporation (NASDAQ:ARCC – Free Report) by 18.8% in the fourth quarter, HoldingsChannel reports. The institutional investor owned 2,447,058 shares of the investment management company’s stock after selling 565,957 shares during the quarter. HighTower Advisors LLC’s holdings in Ares Capital were worth $49,504,000 at the end of the most recent reporting period.

A number of other institutional investors have also bought and sold shares of ARCC. SWAN Capital LLC purchased a new stake in Ares Capital in the 3rd quarter worth $27,000. Quarry LP purchased a new position in shares of Ares Capital during the third quarter valued at about $33,000. Ameriflex Group Inc. grew its position in shares of Ares Capital by 201.0% during the third quarter. Ameriflex Group Inc. now owns 1,764 shares of the investment management company’s stock valued at $36,000 after purchasing an additional 1,178 shares in the last quarter. WFA of San Diego LLC purchased a new position in shares of Ares Capital during the second quarter valued at about $36,000. Finally, Laurel Wealth Advisors LLC purchased a new position in shares of Ares Capital during the fourth quarter valued at about $37,000. Hedge funds and other institutional investors own 27.38% of the company’s stock.

Ares Capital Stock Up 0.2%

Shares of NASDAQ ARCC opened at $18.74 on Friday. The company has a debt-to-equity ratio of 1.13, a current ratio of 1.40 and a quick ratio of 1.40. The company has a market cap of $13.46 billion, a P/E ratio of 11.50 and a beta of 0.58. Ares Capital Corporation has a 1 year low of $17.40 and a 1 year high of $23.42. The firm has a 50-day simple moving average of $18.48 and a two-hundred day simple moving average of $19.49.

Ares Capital (NASDAQ:ARCC – Get Free Report) last announced its quarterly earnings data on Tuesday, April 28th. The investment management company reported $0.47 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.48 by ($0.01). The firm had revenue of $763.00 million during the quarter, compared to the consensus estimate of $778.00 million. Ares Capital had a return on equity of 9.85% and a net margin of 37.30%.The firm’s revenue for the quarter was up 4.2% on a year-over-year basis. During the same period in the previous year, the business earned $0.50 EPS. Research analysts anticipate that Ares Capital Corporation will post 1.91 earnings per share for the current year.

Ares Capital Announces Dividend

The business also recently declared a quarterly dividend, which will be paid on Tuesday, June 30th. Stockholders of record on Monday, June 15th will be paid a dividend of $0.48 per share. This represents a $1.92 annualized dividend and a dividend yield of 10.2%. The ex-dividend date of this dividend is Monday, June 15th. Ares Capital’s payout ratio is currently 117.79%.

Analyst Ratings Changes

A number of brokerages have recently weighed in on ARCC. Royal Bank Of Canada cut their price objective on Ares Capital from $22.00 to $21.00 and set an “outperform” rating for the company in a research report on Wednesday, April 29th. B. Riley Financial cut their price objective on Ares Capital from $22.00 to $20.00 and set a “buy” rating for the company in a research report on Wednesday, April 29th. UBS Group cut their price objective on Ares Capital from $21.00 to $19.00 and set a “neutral” rating for the company in a research report on Friday, March 13th. Keefe, Bruyette & Woods cut their price objective on Ares Capital from $22.00 to $21.00 and set an “outperform” rating for the company in a research report on Thursday, April 16th. Finally, Truist Financial cut their price objective on Ares Capital from $23.00 to $22.00 and set a “buy” rating for the company in a research report on Wednesday, April 29th. Nine analysts have rated the stock with a Buy rating and two have issued a Hold rating to the company’s stock. According to data from MarketBeat.com, Ares Capital currently has a consensus rating of “Moderate Buy” and an average target price of $20.75.

Read Our Latest Stock Report on Ares Capital

Ares Capital Profile

(Free Report)

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.