Ares Management (NYSE:ARES) Price Target Raised to $130.00

Key Points

• Keefe, Bruyette & Woods raised Ares Management’s price target from $119 to $130 while maintaining a “market perform” rating, implying approximately 2.29% upside from the previous close.
• Analyst sentiment remains generally positive, with a consensus “Moderate Buy” rating and average price target of $145.79, despite differing views ranging from “sell” to “strong buy.”
• Ares reported quarterly adjusted earnings of $1.26 per share and revenue of $1.43 billion, exceeding estimates, while shares recently traded at $127.09 and remained well below their 52-week high of $181.19.

Ares Management (NYSE:ARES - Get Free Report) had its price target raised by research analysts at Keefe, Bruyette & Woods from $119.00 to $130.00 in a research report issued to clients and investors on Friday, Benzinga reports. The brokerage presently has a "market perform" rating on the asset manager's stock. Keefe, Bruyette & Woods's price target would indicate a potential upside of 2.29% from the stock's previous close.

A number of other brokerages have also recently issued reports on ARES. Oppenheimer upped their target price on shares of Ares Management from $151.00 to $162.00 and gave the company an "outperform" rating in a report on Thursday, August 27th. TD Cowen cut their target price on shares of Ares Management from $163.00 to $159.00 and set a "buy" rating for the company in a research note on Monday, October 12th. UBS Group lowered their price target on shares of Ares Management from $142.00 to $134.00 and set a "neutral" rating on the stock in a report on Tuesday, October 13th. Wall Street Zen cut Ares Management from a "hold" rating to a "sell" rating in a report on Saturday, July 4th. Finally, JPMorgan Chase & Co. increased their target price on Ares Management from $143.00 to $153.00 and gave the stock an "overweight" rating in a research note on Monday, August 3rd. One analyst has rated the stock with a Strong Buy rating, eleven have given a Buy rating and nine have assigned a Hold rating to the company. According to data from MarketBeat.com, the stock presently has a consensus rating of "Moderate Buy" and an average price target of $145.79.

Ares Management Stock Down 0.3%

Shares of Ares Management stock traded down $0.38 on Friday, reaching $127.09. 286,113 shares of the company were exchanged, compared to its average volume of 2,884,507. Ares Management has a one year low of $95.80 and a one year high of $181.19. The company has a market capitalization of $41.98 billion, a price-to-earnings ratio of 58.17, a PEG ratio of 1.12 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. The company has a 50-day moving average of $126.24 and a 200 day moving average of $125.49.

Ares Management (NYSE:ARES - Get Free Report) last released its earnings results on Thursday, October 29th. The asset manager reported $1.26 earnings per share for the quarter, beating the consensus estimate of $1.25 by $0.01. Ares Management had a net margin of 10.63% and a return on equity of 25.42%. The business had revenue of $1.43 billion during the quarter, compared to analysts' expectations of $1.24 billion. During the same period last year, the business earned $1.15 earnings per share. The firm's revenue was down 13.5% on a year-over-year basis. On average, equities research analysts forecast that Ares Management will post 5.80 earnings per share for the current year.

Hedge Funds Weigh In On Ares Management

Institutional investors and hedge funds have recently added to or reduced their stakes in the stock. Principal Financial Group Inc. raised its position in Ares Management by 4.4% during the 1st quarter. Principal Financial Group Inc. now owns 4,009,291 shares of the asset manager's stock worth $437,417,000 after purchasing an additional 169,598 shares during the last quarter. Vulcan Value Partners LLC raised its position in shares of Ares Management by 12.5% during the second quarter. Vulcan Value Partners LLC now owns 1,902,580 shares of the asset manager's stock worth $211,776,000 after acquiring an additional 211,404 shares during the last quarter. Janus Henderson Group PLC raised its position in shares of Ares Management by 43.8% during the first quarter. Janus Henderson Group PLC now owns 1,653,078 shares of the asset manager's stock worth $180,343,000 after acquiring an additional 503,688 shares during the last quarter. Curated Wealth Partners LLC lifted its stake in shares of Ares Management by 968.3% in the third quarter. Curated Wealth Partners LLC now owns 1,450,854 shares of the asset manager's stock worth $168,546,000 after acquiring an additional 1,315,043 shares during the period. Finally, Hamlin Capital Management LLC lifted its stake in shares of Ares Management by 6.6% in the third quarter. Hamlin Capital Management LLC now owns 1,022,899 shares of the asset manager's stock worth $118,830,000 after acquiring an additional 63,265 shares during the period. Institutional investors own 50.03% of the company's stock.

Trending Headlines about Ares Management

Here are the key news stories impacting Ares Management this week:

• Positive Sentiment: Q3 earnings beat estimates. Ares reported adjusted earnings of $1.26 per share versus the $1.25 consensus estimate, while revenue of $1.43 billion exceeded expectations of $1.24 billion. EPS increased from $1.15 a year earlier. Ares Management third-quarter earnings report
• Positive Sentiment: Assets and fee-related earnings continued to grow. Assets under management reached approximately $690.6 billion, supported by capital inflows and higher management fees. Fee-related earnings totaled $524.2 million, and the company raised more than $31 billion in gross commitments during the quarter. Ares Q3 earnings and AUM report
• Positive Sentiment: Private-credit fundraising and origination activity were strong. Ares closed approximately $6.3 billion of U.S. direct-lending commitments across 55 transactions in Q3 and $43.4 billion over the preceding 12 months. It also secured an $8 billion first close for its flagship credit fund, reinforcing expectations for a record fundraising year. Ares direct lending activity announcement
• Positive Sentiment: Management expects additional performance-related revenue. Ares forecast $300 million to $325 million of 2026 net realized performance income, including $115 million to $125 million in fourth-quarter fee-related performance revenue. The company also declared a quarterly dividend of $1.35 per share, or $5.40 annualized. Ares performance income outlook
• Neutral Sentiment: Technical momentum has improved. Shares moved above the 200-day moving average, a potentially constructive signal, although the stock remains well below its 52-week high of $181.19. Ares stock moving average report
• Negative Sentiment: Reported profitability showed some weakness. GAAP net income attributable to Ares was $85.3 million, or $0.21 per share, and revenue declined 13.5% year over year. Management also acknowledged a slower market environment, leaving investors attentive to fundraising durability, private-credit risks and the stock’s elevated price-to-earnings ratio.

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.

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