Ares Management (ARES) to Release Quarterly Earnings on Friday

Ares Management (NYSE:ARES - Get Free Report) is projected to announce its Q2 2025 earnings results before the market opens on Friday, August 1st. Analysts expect the company to announce earnings of $1.15 per share and revenue of $1.02 billion for the quarter.

Ares Management (NYSE:ARES - Get Free Report) last posted its earnings results on Monday, May 5th. The asset manager reported $1.09 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.94 by $0.15. Ares Management had a net margin of 9.73% and a return on equity of 16.29%. The business had revenue of $951.96 million for the quarter, compared to analyst estimates of $914.00 million. During the same period in the prior year, the company posted $0.80 EPS. On average, analysts expect Ares Management to post $5 EPS for the current fiscal year and $7 EPS for the next fiscal year.

Ares Management Price Performance

Shares of ARES stock traded up $1.15 during mid-day trading on Monday, hitting $187.37. 1,335,389 shares of the stock were exchanged, compared to its average volume of 1,345,127. The firm has a fifty day moving average of $172.05 and a 200 day moving average of $166.43. The company has a quick ratio of 1.07, a current ratio of 1.07 and a debt-to-equity ratio of 0.61. Ares Management has a 52-week low of $110.63 and a 52-week high of $200.49. The company has a market cap of $61.19 billion, a PE ratio of 110.22, a price-to-earnings-growth ratio of 1.52 and a beta of 1.37.

Ares Management Dividend Announcement

The company also recently announced a quarterly dividend, which was paid on Monday, June 30th. Stockholders of record on Monday, June 16th were paid a dividend of $1.12 per share. This represents a $4.48 annualized dividend and a dividend yield of 2.39%. The ex-dividend date was Monday, June 16th. Ares Management's payout ratio is currently 263.53%.

Insider Buying and Selling at Ares Management

In other news, insider David B. Kaplan sold 33,145 shares of the firm's stock in a transaction that occurred on Friday, May 30th. The shares were sold at an average price of $165.12, for a total transaction of $5,472,902.40. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this link. Also, Chairman Bennett Rosenthal sold 85,000 shares of the firm's stock in a transaction that occurred on Thursday, June 12th. The stock was sold at an average price of $168.79, for a total transaction of $14,347,150.00. The disclosure for this sale can be found here. In the last quarter, insiders sold 873,145 shares of company stock worth $146,204,353. Insiders own 0.52% of the company's stock.

Institutional Trading of Ares Management

A number of hedge funds and other institutional investors have recently made changes to their positions in ARES. AQR Capital Management LLC increased its holdings in shares of Ares Management by 116.7% during the 1st quarter. AQR Capital Management LLC now owns 10,360 shares of the asset manager's stock worth $1,519,000 after buying an additional 5,579 shares during the last quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. increased its holdings in shares of Ares Management by 5.5% during the 1st quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 1,344 shares of the asset manager's stock worth $197,000 after buying an additional 70 shares during the last quarter. Empowered Funds LLC increased its holdings in shares of Ares Management by 42.7% during the 1st quarter. Empowered Funds LLC now owns 6,197 shares of the asset manager's stock worth $909,000 after buying an additional 1,853 shares during the last quarter. Focus Partners Wealth increased its holdings in Ares Management by 15.3% in the 1st quarter. Focus Partners Wealth now owns 1,902 shares of the asset manager's stock valued at $279,000 after purchasing an additional 252 shares during the last quarter. Finally, Geneos Wealth Management Inc. increased its holdings in Ares Management by 708.2% in the 1st quarter. Geneos Wealth Management Inc. now owns 493 shares of the asset manager's stock valued at $72,000 after purchasing an additional 432 shares during the last quarter. Institutional investors and hedge funds own 50.03% of the company's stock.

Analysts Set New Price Targets

Several equities research analysts have recently issued reports on ARES shares. Barclays increased their target price on shares of Ares Management from $182.00 to $200.00 and gave the stock an "overweight" rating in a research note on Thursday, July 10th. Morgan Stanley decreased their price target on shares of Ares Management from $197.00 to $152.00 and set an "equal weight" rating on the stock in a research note on Monday, April 14th. Wells Fargo & Company raised their price target on shares of Ares Management from $189.00 to $202.00 and gave the company an "overweight" rating in a research note on Friday, July 11th. Wolfe Research set a $193.00 price target on shares of Ares Management and gave the company an "outperform" rating in a research note on Tuesday, May 6th. Finally, The Goldman Sachs Group decreased their price target on shares of Ares Management from $188.00 to $166.00 and set a "buy" rating on the stock in a research note on Thursday, April 3rd. One equities research analyst has rated the stock with a sell rating, five have given a hold rating and thirteen have given a buy rating to the stock. According to data from MarketBeat.com, Ares Management currently has a consensus rating of "Moderate Buy" and a consensus price target of $177.50.

About Ares Management

Ares Management Corporation operates as an alternative asset manager in the United States, Europe, and Asia. The company's Tradable Credit Group segment manages various types of investment funds, such as commingled and separately managed accounts for institutional investors, and publicly traded vehicles and sub-advised funds for retail investors in the tradable and non-investment grade corporate credit markets.