Ares Management (NYSE:ARES) Stock Price Target Raised at Keefe, Bruyette & Woods

Ares Management (NYSE:ARES) had its target price upped by Keefe, Bruyette & Woods from $119.00 to $130.00 in a research report report published on Friday,Benzinga reports. They currently have a market perform rating on the asset manager’s stock.

Several other analysts have also recently commented on the company. Royal Bank Of Canada raised their target price on Ares Management from $162.00 to $168.00 and gave the company an “outperform” rating in a research report on Monday, August 3rd. Wall Street Zen lowered Ares Management from a “hold” rating to a “sell” rating in a research report on Saturday, July 4th. UBS Group decreased their price target on Ares Management from $142.00 to $134.00 and set a “neutral” rating for the company in a research note on Tuesday, October 13th. TD Cowen lowered their price target on Ares Management from $163.00 to $159.00 and set a “buy” rating on the stock in a report on Monday, October 12th. Finally, Citizens Jmp lowered their price target on Ares Management from $190.00 to $160.00 and set a “market outperform” rating on the stock in a report on Thursday, July 9th. One equities research analyst has rated the stock with a Strong Buy rating, eleven have issued a Buy rating and nine have given a Hold rating to the company. Based on data from MarketBeat.com, the company currently has an average rating of “Moderate Buy” and an average price target of $146.21.

Ares Management Price Performance

NYSE ARES opened at $128.16 on Friday. The company has a 50-day moving average price of $126.00 and a two-hundred day moving average price of $125.26. Ares Management has a 52 week low of $95.80 and a 52 week high of $181.19. 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. The company has a current ratio of 0.26, a quick ratio of 0.26 and a debt-to-equity ratio of 1.00.

Ares Management (NYSE:ARES) last released its quarterly earnings results 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. The company had revenue of $1.43 billion for the quarter, compared to analysts’ expectations of $1.24 billion. Ares Management had a return on equity of 25.74% and a net margin of 7.51%. The business’s revenue for the quarter was down 13.5% compared to the same quarter last year. During the same quarter in the previous year, the company posted $1.15 earnings per share. Analysts forecast that Ares Management will post 5.80 EPS for the current year.

Ares Management Announces Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Thursday, December 31st. Investors of record on Thursday, December 17th will be paid a dividend of $1.35 per share. This represents a $5.40 dividend on an annualized basis and a dividend yield of 4.2%. The ex-dividend date is Thursday, December 17th. Ares Management’s dividend payout ratio (DPR) is currently 247.71%.

Institutional Investors Weigh In On Ares Management

Hedge funds and other institutional investors have recently added to or reduced their stakes in the company. Triumph Capital Management raised its position in Ares Management by 127.3% during the second quarter. Triumph Capital Management now owns 250 shares of the asset manager’s stock valued at $28,000 after buying an additional 140 shares during the period. Greenleaf Trust lifted its stake in Ares Management by 4.6% in the 3rd quarter. Greenleaf Trust now owns 3,236 shares of the asset manager’s stock worth $376,000 after acquiring an additional 142 shares in the last quarter. CoreCap Advisors LLC lifted its stake in Ares Management by 178.0% in the 3rd quarter. CoreCap Advisors LLC now owns 253 shares of the asset manager’s stock worth $29,000 after acquiring an additional 162 shares in the last quarter. Vontobel Holding Ltd. boosted 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 worth $552,000 after acquiring an additional 166 shares during the period. Finally, Victory Financial Group LLC boosted 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 worth $231,000 after acquiring 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: 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.