Mirae Asset Global Investments Co. Ltd. Purchases New Shares in Ares Management Corporation $ARES

Mirae Asset Global Investments Co. Ltd. bought a new stake in Ares Management Corporation (NYSE:ARES) in the 3rd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm bought 299,980 shares of the asset manager’s stock, valued at approximately $34,849,000.

A number of other hedge funds and other institutional investors have also recently bought and sold shares of the business. Profund Advisors LLC acquired a new position in Ares Management in the third quarter valued at about $242,000. ProShare Advisors LLC raised its position in shares of Ares Management by 6.4% during the third quarter. ProShare Advisors LLC now owns 53,500 shares of the asset manager’s stock worth $6,215,000 after purchasing an additional 3,222 shares during the period. VIRGINIA RETIREMENT SYSTEMS ET Al grew its position in shares of Ares Management by 82.7% in the 3rd quarter. VIRGINIA RETIREMENT SYSTEMS ET Al now owns 30,050 shares of the asset manager’s stock valued at $3,491,000 after purchasing an additional 13,600 shares during the period. Choreo LLC increased its stake in Ares Management by 9.9% during the 3rd quarter. Choreo LLC now owns 15,693 shares of the asset manager’s stock worth $1,823,000 after purchasing an additional 1,413 shares in the last quarter. Finally, Financial Network Wealth Advisors LLC raised its holdings in Ares Management by 146.1% during the 3rd quarter. Financial Network Wealth Advisors LLC now owns 475 shares of the asset manager’s stock worth $55,000 after buying an additional 282 shares during the period. 50.03% of the stock is owned by institutional investors.

Analysts Set New Price Targets

A number of brokerages have weighed in on ARES. Wells Fargo & Company lifted their price target on shares of Ares Management from $136.00 to $141.00 and gave the company an “overweight” rating in a research note on Friday. Deutsche Bank Aktiengesellschaft reiterated a “buy” rating and set a $144.00 target price (up from $140.00) on shares of Ares Management in a report on Monday, August 3rd. Barclays lifted their price target on Ares Management from $139.00 to $151.00 and gave the company an “overweight” rating in a research note on Friday. The Goldman Sachs Group cut their price target on Ares Management from $145.00 to $139.00 and set a “buy” rating on the stock in a report on Friday, October 2nd. Finally, Citizens Jmp reduced their price objective on Ares Management from $190.00 to $160.00 and set a “market outperform” rating for the company in a research report on Thursday, July 9th. One investment analyst has rated the stock with a Strong Buy rating, eleven have assigned a Buy rating and nine have issued a Hold rating to the stock. According to MarketBeat.com, the company has an average rating of “Moderate Buy” and an average target price of $146.21.

Ares Management Price Performance

NYSE ARES opened at $128.16 on Monday. The firm’s 50 day moving average is $126.00 and its 200-day moving average is $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 company has a market capitalization of $42.33 billion, a PE ratio of 103.35, a price-to-earnings-growth ratio of 1.18 and a beta of 1.53. Ares Management Corporation has a 12-month low of $95.80 and a 12-month high of $181.19.

Ares Management (NYSE:ARES) last announced its earnings results on Thursday, October 29th. The asset manager reported $1.26 EPS for the quarter, topping the consensus estimate of $1.25 by $0.01. The business had revenue of $1.43 billion during the quarter, compared to analysts’ expectations of $1.24 billion. Ares Management had a net margin of 7.51% and a return on equity of 25.74%. The firm’s revenue was down 13.5% on a year-over-year basis. During the same quarter in the prior year, the company posted $1.15 earnings per share. Equities research analysts anticipate that Ares Management Corporation will post 5.73 earnings per share for the current fiscal year.

Ares Management Announces Dividend

The firm also recently declared a quarterly dividend, which will be paid on Thursday, December 31st. Shareholders of record on Thursday, December 17th will be issued a dividend of $1.35 per share. The ex-dividend date of this dividend is Thursday, December 17th. This represents a $5.40 annualized dividend and a yield of 4.2%. Ares Management’s dividend payout ratio (DPR) is currently 435.48%.

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.