Ares Management (NYSE:ARES) Stock Price Target Raised at Royal Bank Of Canada

Ares Management (NYSE:ARES) had its target price boosted by Royal Bank Of Canada from $168.00 to $171.00 in a research note released on Friday morning,Benzinga reports. The brokerage currently has an outperform rating on the asset manager’s stock.

Other research analysts have also recently issued research reports about the stock. Morgan Stanley set a $149.00 target price on shares of Ares Management in a research note on Friday, October 16th. Piper Sandler cut their price target on Ares Management from $150.00 to $143.00 and set an “overweight” rating for the company in a research note on Monday, October 19th. Wells Fargo & Company assumed coverage on Ares Management in a report on Friday, October 2nd. They set an “overweight” rating and a $136.00 price target on the stock. Citizens Jmp lowered their price objective on Ares Management from $190.00 to $160.00 and set a “market outperform” rating on the stock in a research report on Thursday, July 9th. Finally, BMO Capital Markets dropped their price objective on Ares Management from $134.00 to $130.00 and set a “market perform” rating for the company in a research note on Tuesday. One investment analyst has rated the stock with a Strong Buy rating, eleven have given a Buy rating and nine have given a Hold rating to the company. Based on data from MarketBeat, Ares Management presently has a consensus rating of “Moderate Buy” and an average target price of $146.21.

Ares Management Stock Performance

Shares of NYSE ARES opened at $128.16 on Friday. The firm has a 50 day moving average of $126.00 and a 200 day moving average of $125.26. 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 capitalization 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 released its quarterly earnings results 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 business had revenue of $1.43 billion for the quarter, compared to the consensus estimate of $1.24 billion. Ares Management had a net margin of 7.51% and a return on equity of 25.74%. The company’s quarterly revenue was down 13.5% on a year-over-year basis. During the same period last year, the firm earned $1.15 earnings per share. On average, research analysts anticipate that Ares Management will post 5.80 earnings per share for the current year.

Ares Management Announces Dividend

The business also recently announced a quarterly dividend, which will be paid on Thursday, December 31st. Stockholders of record on Thursday, December 17th will be given 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 dividend yield of 4.2%. Ares Management’s payout ratio is currently 247.71%.

Institutional Investors Weigh In On Ares Management

Hedge funds and other institutional investors have recently modified their holdings of the business. Rakuten Investment Management Inc. boosted its holdings in Ares Management by 14.3% during the 3rd quarter. Rakuten Investment Management Inc. now owns 39,350 shares of the asset manager’s stock valued at $4,681,000 after acquiring an additional 4,912 shares during the period. Provenance Wealth Advisors LLC purchased a new stake in Ares Management in the 3rd quarter valued at about $56,000. Oregon Public Employees Retirement Fund boosted its position in Ares Management by 6.2% in the 3rd quarter. Oregon Public Employees Retirement Fund now owns 27,500 shares of the asset manager’s stock valued at $3,195,000 after buying an additional 1,600 shares during the period. Greenleaf Trust raised its stake in shares of Ares Management by 4.6% during the third quarter. Greenleaf Trust now owns 3,236 shares of the asset manager’s stock valued at $376,000 after acquiring an additional 142 shares in the last quarter. Finally, Mirae Asset Global Investments Co. Ltd. bought a new stake in shares of Ares Management during the third quarter valued at approximately $34,849,000. 50.03% of the stock is currently owned by hedge funds and other institutional investors.

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

About Ares Management

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.