Ares Management (NYSE:ARES) Stock Crosses Above 200 Day Moving Average – Here’s Why

Ares Management Corporation (NYSE:ARES)’s stock price passed above its 200-day moving average during trading on Thursday. The stock has a 200-day moving average of $125.49 and traded as high as $128.96. Ares Management shares last traded at $127.5720, with a volume of 2,391,909 shares traded.

Trending Headlines about 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

Wall Street Analysts Forecast Growth

Several research analysts have recently commented on the company. TD Cowen decreased their price objective on Ares Management from $159.00 to $158.00 and set a “buy” rating on the stock in a report on Friday. Piper Sandler dropped their target price on Ares Management from $150.00 to $143.00 and set an “overweight” rating for the company in a report on Monday, October 19th. Citigroup restated a “market outperform” rating on shares of Ares Management in a research report on Friday. Royal Bank Of Canada lifted their price target on Ares Management from $168.00 to $171.00 and gave the stock an “outperform” rating in a research note on Friday. Finally, Keefe, Bruyette & Woods boosted their price objective on Ares Management from $119.00 to $130.00 and gave the company a “market perform” rating in a research report on Friday. One analyst has rated the stock with a Strong Buy rating, eleven have assigned a Buy rating and nine have assigned a Hold rating to the company. According to data from MarketBeat, Ares Management currently has a consensus rating of “Moderate Buy” and an average target price of $146.21.

Ares Management Trading Up 0.5%

The company has a debt-to-equity ratio of 1.00, a current ratio of 0.26 and a quick ratio of 0.26. The firm’s 50 day moving average price is $126.00 and its 200 day moving average price is $125.26. The stock has a market capitalization of $42.33 billion, a P/E ratio of 103.35, a P/E/G ratio of 1.16 and a beta of 1.53.

Ares Management (NYSE:ARES) last posted its earnings results on Thursday, October 29th. The asset manager reported $1.26 earnings per share (EPS) 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 analysts’ expectations of $1.24 billion. Ares Management had a return on equity of 25.74% and a net margin of 7.51%. Ares Management’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. As a group, equities research analysts expect that Ares Management Corporation will post 5.80 earnings per share for the current fiscal year.

Ares Management Dividend Announcement

The business 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 dividend of $1.35 per share. This represents a $5.40 dividend on an annualized basis and a yield of 4.2%. The ex-dividend date of this dividend is Thursday, December 17th. Ares Management’s payout ratio is presently 247.71%.

Institutional Investors Weigh In On Ares Management

Several institutional investors and hedge funds have recently modified their holdings of ARES. Triumph Capital Management grew its position in Ares Management by 127.3% in the 2nd quarter. Triumph Capital Management now owns 250 shares of the asset manager’s stock worth $28,000 after purchasing an additional 140 shares during the period. CoreCap Advisors LLC lifted its holdings in shares of Ares Management by 178.0% during the 3rd quarter. CoreCap Advisors LLC now owns 253 shares of the asset manager’s stock valued at $29,000 after buying an additional 162 shares during the period. Wellington Altus USA Inc. purchased a new position in shares of Ares Management in the 2nd quarter worth $35,000. Anchor Investment Management LLC purchased a new position in shares of Ares Management in the 2nd quarter worth $38,000. Finally, Root Financial Partners LLC purchased a new position in shares of Ares Management in the 3rd quarter worth $41,000. 50.03% of the stock is owned by hedge funds and other institutional investors.

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.