Ares Management (NYSE:ARES) Given New $151.00 Price Target at Barclays

Ares Management (NYSE:ARES) had its target price increased by Barclays from $139.00 to $151.00 in a research note released on Friday morning,Benzinga reports. They currently have an overweight rating on the asset manager’s stock.

ARES has been the subject of several other reports. The Goldman Sachs Group reduced their target price on Ares Management from $145.00 to $139.00 and set a “buy” rating for the company in a research report on Friday, October 2nd. Citigroup reissued a “market outperform” rating on shares of Ares Management in a report on Friday. Weiss Ratings reissued a “hold (c)” rating on shares of Ares Management in a research report on Friday, August 21st. Keefe, Bruyette & Woods raised Ares Management to a “hold” rating in a report on Monday, July 20th. Finally, JPMorgan Chase & Co. increased their target price on Ares Management from $143.00 to $153.00 and gave the stock an “overweight” rating in a report on Monday, August 3rd. One research analyst has rated the stock with a Strong Buy rating, eleven have issued a Buy rating and nine have assigned a Hold rating to the company’s stock. According to data from MarketBeat.com, Ares Management currently has an average rating of “Moderate Buy” and an average price target of $146.21.

Ares Management Trading Up 0.5%

Ares Management stock opened at $128.16 on Friday. The business has a 50 day moving average price of $126.00 and a two-hundred day moving average price of $125.26. 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 cap of $42.33 billion, a price-to-earnings ratio of 24.33, a price-to-earnings-growth ratio of 1.16 and a beta of 1.53. Ares Management has a 12 month low of $95.80 and a 12 month high of $181.19.

Ares Management (NYSE:ARES) last announced its quarterly earnings data on Thursday, October 29th. The asset manager reported $1.26 earnings per share for the quarter, topping the consensus estimate of $1.25 by $0.01. The company had revenue of $1.43 billion for the quarter, compared to analyst estimates of $1.24 billion. Ares Management had a return on equity of 25.74% and a net margin of 7.51%. Ares Management’s revenue for the quarter was down 13.5% compared to the same quarter last year. During the same quarter last year, the firm earned $1.15 EPS. As a group, equities analysts forecast that Ares Management will post 5.80 EPS for the current year.

Ares Management Dividend Announcement

The firm also recently disclosed a quarterly dividend, which will be paid on Thursday, December 31st. Shareholders of record on Thursday, December 17th will be given a $1.35 dividend. The ex-dividend date is Thursday, December 17th. This represents a $5.40 annualized dividend and a yield of 4.2%. Ares Management’s payout ratio is presently 247.71%.

Institutional Trading of Ares Management

Several large investors have recently made changes to their positions in the business. Principal Financial Group Inc. lifted its position in Ares Management by 4.4% during the 1st quarter. Principal Financial Group Inc. now owns 4,009,291 shares of the asset manager’s stock worth $437,417,000 after buying an additional 169,598 shares in the last quarter. Vulcan Value Partners LLC grew its holdings in Ares Management by 12.5% during the 2nd quarter. Vulcan Value Partners LLC now owns 1,902,580 shares of the asset manager’s stock worth $211,776,000 after acquiring an additional 211,404 shares during the last quarter. Janus Henderson Group PLC grew its holdings in 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 last quarter. Curated Wealth Partners LLC increased its position 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 acquiring an additional 1,315,043 shares in the last quarter. Finally, Hamlin Capital Management LLC increased its position in Ares Management by 6.6% in the 3rd 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 in the last quarter. Institutional investors own 50.03% of the company’s stock.

Ares Management News Roundup

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

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.