Ares Management (NYSE:ARES – Get Free Report) had its price objective increased by analysts at Keefe, Bruyette & Woods from $119.00 to $130.00 in a research report issued on Friday, Benzinga reports. The firm currently has a “market perform” rating on the asset manager’s stock. Keefe, Bruyette & Woods‘s target price indicates a potential upside of 2.29% from the stock’s previous close.
Several other brokerages have also commented on ARES. Weiss Ratings restated a “hold (c)” rating on shares of Ares Management in a research report on Friday, August 21st. Wells Fargo & Company initiated coverage on Ares Management in a report on Friday, October 2nd. They issued an “overweight” rating and a $136.00 target price for the company. UBS Group dropped their price target on Ares Management from $142.00 to $134.00 and set a “neutral” rating on the stock in a research note on Tuesday, October 13th. Jefferies Financial Group reduced their price objective on shares of Ares Management from $144.00 to $132.00 and set a “hold” rating for the company in a research report on Tuesday, October 6th. Finally, Piper Sandler lowered their price objective on shares of Ares Management from $150.00 to $143.00 and set an “overweight” rating for the company in a research note on Monday, October 19th. One investment analyst has rated the stock with a Strong Buy rating, eleven have issued a Buy rating and nine have issued a Hold rating to the company’s stock. Based on data from MarketBeat.com, the company has an average rating of “Moderate Buy” and a consensus price target of $145.79.
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Ares Management Trading Down 0.3%
ARES stock traded down $0.38 during midday trading on Friday, hitting $127.09. The stock had a trading volume of 286,113 shares, compared to its average volume of 2,884,507. The company has a current ratio of 0.26, a quick ratio of 0.26 and a debt-to-equity ratio of 1.00. The firm has a market cap of $41.98 billion, a P/E ratio of 58.17, a price-to-earnings-growth ratio of 1.12 and a beta of 1.53. The business has a fifty day moving average price of $126.24 and a two-hundred day moving average price of $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 issued its quarterly earnings results on Thursday, October 29th. The asset manager reported $1.26 earnings per share 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 firm had revenue of $1.43 billion during the quarter, compared to the consensus estimate of $1.24 billion. During the same period last year, the business posted $1.15 EPS. The business’s revenue was down 13.5% compared to the same quarter last year. On average, sell-side analysts predict that Ares Management will post 5.80 earnings per share for the current fiscal year.
Institutional Trading of Ares Management
A number of hedge funds and other institutional investors have recently added to or reduced their stakes in the stock. Curated Wealth Partners LLC increased its stake in Ares Management by 968.3% in the 3rd quarter. Curated Wealth Partners LLC now owns 1,450,854 shares of the asset manager’s stock valued at $168,546,000 after buying an additional 1,315,043 shares during the last quarter. ICG Advisors LLC bought a new stake in shares of Ares Management in the third quarter valued at $98,392,000. Janus Henderson Group PLC grew its stake in shares of Ares Management by 43.8% during 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. Advent International L.P. grew its stake in shares of Ares Management by 9,353.6% during the 1st quarter. Advent International L.P. now owns 428,720 shares of the asset manager’s stock worth $46,773,000 after acquiring an additional 424,185 shares during the period. Finally, Munich Reinsurance Co Stock Corp in Munich bought a new position in shares of Ares Management during the 1st quarter worth $44,773,000. 50.03% of the stock is owned by institutional investors.
Ares Management News Summary
Here are the key news stories impacting Ares Management this week:
- Positive Sentiment: Q3 earnings beat estimates. Ares reported adjusted earnings of $1.26 per share versus the $1.25 consensus estimate, while revenue of $1.43 billion exceeded expectations of $1.24 billion. EPS increased from $1.15 a year earlier. Ares Management third-quarter earnings report
- Positive Sentiment: Assets and fee-related earnings continued to grow. Assets under management reached approximately $690.6 billion, supported by capital inflows and higher management fees. Fee-related earnings totaled $524.2 million, and the company raised more than $31 billion in gross commitments during the quarter. Ares Q3 earnings and AUM report
- Positive Sentiment: Private-credit fundraising and origination activity were strong. Ares closed approximately $6.3 billion of U.S. direct-lending commitments across 55 transactions in Q3 and $43.4 billion over the preceding 12 months. It also secured an $8 billion first close for its flagship credit fund, reinforcing expectations for a record fundraising year. Ares direct lending activity announcement
- Positive Sentiment: Management expects additional performance-related revenue. Ares forecast $300 million to $325 million of 2026 net realized performance income, including $115 million to $125 million in fourth-quarter fee-related performance revenue. The company also declared a quarterly dividend of $1.35 per share, or $5.40 annualized. Ares performance income outlook
- Neutral Sentiment: Technical momentum has improved. Shares moved above the 200-day moving average, a potentially constructive signal, although the stock remains well below its 52-week high of $181.19. Ares stock moving average report
- Negative Sentiment: Reported profitability showed some weakness. GAAP net income attributable to Ares was $85.3 million, or $0.21 per share, and revenue declined 13.5% year over year. Management also acknowledged a slower market environment, leaving investors attentive to fundraising durability, private-credit risks and the stock’s elevated price-to-earnings ratio.
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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