Ares Management (NYSE:ARES – Get Free Report) had its price target hoisted by stock analysts at Wells Fargo & Company from $136.00 to $141.00 in a report released on Friday, Benzinga reports. The brokerage currently has an “overweight” rating on the asset manager’s stock. Wells Fargo & Company‘s target price suggests a potential upside of 10.27% from the stock’s current price.
Other research analysts have also issued reports about the stock. Jefferies Financial Group dropped their price target on shares of Ares Management from $144.00 to $132.00 and set a “hold” rating on the stock in a research note on Tuesday, October 6th. Deutsche Bank Aktiengesellschaft reissued a “buy” rating and set a $144.00 price target (up from $140.00) on shares of Ares Management in a research note on Monday, August 3rd. Barclays raised their price target on Ares Management from $139.00 to $151.00 and gave the company an “overweight” rating in a research report on Friday. Piper Sandler cut their price objective on Ares Management from $150.00 to $143.00 and set an “overweight” rating for the company in a research report on Monday, October 19th. Finally, Rothschild & Co Redburn upped their target price on shares of Ares Management from $134.00 to $138.00 and gave the company a “neutral” rating in a report on Tuesday, August 4th. One research analyst has rated the stock with a Strong Buy rating, eleven have given a Buy rating and nine have assigned a Hold rating to the stock. According to MarketBeat.com, Ares Management currently has an average rating of “Moderate Buy” and a consensus price target of $146.21.
Read Our Latest Stock Analysis on Ares Management
Ares Management Stock Up 0.3%
Shares of NYSE ARES traded up $0.40 during midday trading on Friday, hitting $127.87. The company’s stock had a trading volume of 846,296 shares, compared to its average volume of 2,886,708. The company has a debt-to-equity ratio of 1.00, a current ratio of 0.26 and a quick ratio of 0.26. The firm has a market capitalization of $42.23 billion, a price-to-earnings ratio of 58.42, a price-to-earnings-growth ratio of 1.12 and a beta of 1.53. The business’s fifty day simple moving average is $126.24 and its two-hundred day simple moving average is $125.49. Ares Management has a 1 year low of $95.80 and a 1 year high of $181.19.
Ares Management (NYSE:ARES – Get Free Report) last announced its quarterly earnings data on Thursday, October 29th. The asset manager reported $1.26 earnings per share for the quarter, beating analysts’ consensus estimates of $1.25 by $0.01. Ares Management had a net margin of 10.63% and a return on equity of 25.42%. The business had revenue of $1.43 billion for the quarter, compared to analyst estimates of $1.24 billion. During the same period last year, the business earned $1.15 EPS. The company’s revenue was down 13.5% on a year-over-year basis. On average, equities analysts predict that Ares Management will post 5.80 EPS for the current year.
Institutional Inflows and Outflows
Several large investors have recently added to or reduced their stakes in ARES. Principal Financial Group Inc. raised its holdings in Ares Management by 4.4% during the first quarter. Principal Financial Group Inc. now owns 4,009,291 shares of the asset manager’s stock valued at $437,417,000 after buying an additional 169,598 shares in the last quarter. Vulcan Value Partners LLC grew its stake in Ares Management by 12.5% in the 2nd quarter. Vulcan Value Partners LLC now owns 1,902,580 shares of the asset manager’s stock valued at $211,776,000 after buying an additional 211,404 shares during the last quarter. Janus Henderson Group PLC raised its holdings 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 acquiring an additional 503,688 shares during the period. Curated Wealth Partners LLC lifted its position in Ares Management by 968.3% during the 3rd quarter. Curated Wealth Partners LLC now owns 1,450,854 shares of the asset manager’s stock worth $168,546,000 after acquiring an additional 1,315,043 shares during the last quarter. Finally, Hamlin Capital Management LLC boosted its holdings in Ares Management by 6.6% during the third quarter. Hamlin Capital Management LLC now owns 1,022,899 shares of the asset manager’s stock valued at $118,830,000 after acquiring an additional 63,265 shares during the period. Institutional investors and hedge funds own 50.03% of the company’s stock.
Key Stories 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
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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