26,299 Shares in Ares Management Corporation $ARES Purchased by Kepler Cheuvreux Suisse SA

Kepler Cheuvreux Suisse SA purchased a new stake in Ares Management Corporation (NYSE:ARES) during the 3rd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm purchased 26,299 shares of the asset manager’s stock, valued at approximately $4,205,000.

A number of other hedge funds have also added to or reduced their stakes in ARES. Vanguard Group Inc. raised its stake in shares of Ares Management by 3.5% in the third quarter. Vanguard Group Inc. now owns 21,676,470 shares of the asset manager’s stock worth $3,465,851,000 after purchasing an additional 740,103 shares during the last quarter. Capital International Investors lifted its holdings in shares of Ares Management by 0.4% in the third quarter. Capital International Investors now owns 4,243,194 shares of the asset manager’s stock valued at $678,448,000 after purchasing an additional 15,913 shares in the last quarter. Principal Financial Group Inc. boosted its position in shares of Ares Management by 2.8% during the third quarter. Principal Financial Group Inc. now owns 3,534,773 shares of the asset manager’s stock valued at $565,180,000 after buying an additional 94,825 shares during the last quarter. Geode Capital Management LLC grew its holdings in Ares Management by 7.6% during the second quarter. Geode Capital Management LLC now owns 3,454,083 shares of the asset manager’s stock worth $596,280,000 after buying an additional 244,286 shares in the last quarter. Finally, LRI Investments LLC grew its holdings in Ares Management by 10.2% during the third quarter. LRI Investments LLC now owns 2,586,253 shares of the asset manager’s stock worth $413,516,000 after buying an additional 238,531 shares in the last quarter. Institutional investors and hedge funds own 50.03% of the company’s stock.

Insider Activity

In related news, Director Judy D. Olian bought 480 shares of Ares Management stock in a transaction dated Friday, February 20th. The stock was purchased at an average cost of $124.43 per share, with a total value of $59,726.40. Following the transaction, the director directly owned 29,734 shares of the company’s stock, valued at approximately $3,699,801.62. The trade was a 1.64% increase in their ownership of the stock. The acquisition was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website. Also, Director Ashish Bhutani purchased 10,000 shares of the firm’s stock in a transaction dated Friday, February 6th. The shares were bought at an average price of $126.61 per share, with a total value of $1,266,100.00. Following the purchase, the director owned 34,071 shares in the company, valued at $4,313,729.31. The trade was a 41.54% increase in their ownership of the stock. The SEC filing for this purchase provides additional information. Insiders own 0.52% of the company’s stock.

Analyst Ratings Changes

Several brokerages have weighed in on ARES. Wall Street Zen cut Ares Management from a “hold” rating to a “sell” rating in a research note on Saturday, February 28th. Morgan Stanley set a $178.00 target price on shares of Ares Management in a research note on Tuesday, January 27th. Deutsche Bank Aktiengesellschaft upgraded shares of Ares Management from a “hold” rating to a “buy” rating and lowered their target price for the company from $182.00 to $155.00 in a report on Friday, February 6th. Weiss Ratings restated a “hold (c)” rating on shares of Ares Management in a report on Monday, December 29th. Finally, Wolfe Research set a $210.00 price objective on shares of Ares Management and gave the stock an “outperform” rating in a research report on Wednesday, January 7th. One equities research analyst has rated the stock with a Strong Buy rating, twelve have given a Buy rating and four have issued a Hold rating to the company. According to data from MarketBeat, the stock currently has a consensus rating of “Moderate Buy” and a consensus target price of $182.67.

Ares Management Stock Down 0.3%

ARES stock opened at $108.55 on Wednesday. The stock has a market cap of $35.76 billion, a P/E ratio of 64.23, a P/E/G ratio of 0.69 and a beta of 1.55. The company has a current ratio of 1.22, a quick ratio of 1.22 and a debt-to-equity ratio of 0.86. The stock’s fifty day simple moving average is $142.84 and its two-hundred day simple moving average is $155.25. Ares Management Corporation has a 1-year low of $105.47 and a 1-year high of $195.26.

Ares Management (NYSE:ARES) last released its earnings results on Thursday, February 5th. The asset manager reported $1.45 EPS for the quarter, missing analysts’ consensus estimates of $1.71 by ($0.26). The business had revenue of $1.50 billion for the quarter, compared to the consensus estimate of $1.38 billion. Ares Management had a return on equity of 19.04% and a net margin of 9.41%.During the same quarter in the previous year, the firm earned $0.55 earnings per share. Analysts expect that Ares Management Corporation will post 5.28 EPS for the current year.

Ares Management Increases Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Tuesday, March 31st. Investors of record on Tuesday, March 17th will be issued a dividend of $1.35 per share. This represents a $5.40 dividend on an annualized basis and a yield of 5.0%. This is a boost from Ares Management’s previous quarterly dividend of $0.84. The ex-dividend date is Tuesday, March 17th. Ares Management’s dividend payout ratio is 265.09%.

About Ares Management

Ares Management Corporation (NYSE: ARES) is a global alternative asset manager that provides investment solutions across credit, private equity and real estate. The firm originates and manages capital across a range of strategies including direct lending, syndicated and special situations credit, private equity buyouts and growth investments, and real estate equity and debt. Ares serves institutional investors, insurance companies, pension funds, sovereign wealth funds, and high‑net‑worth clients through both commingled funds and bespoke managed account structures.

Within credit, Ares offers strategies spanning leveraged loans, structured credit, opportunistic and distressed debt, and specialty finance, with an emphasis on underwriting, portfolio construction and active asset management.