New York State Teachers Retirement System Purchases New Stake in Ares Management Corporation $ARES

Key Points

• New York State Teachers Retirement System purchased a new stake of 121,536 shares in Ares Management during Q4, valued at about $19.6 million, as institutional investors now own roughly 50% of the company.
• Ares posted Q1 revenue above estimates ($1.36B vs. $1.28B) but missed on EPS ($1.24 vs. ~$1.32); management cited a record ~$30 billion of fundraising and strong direct‑lending activity, and the firm declared a quarterly dividend of $1.35 per share (4.5% yield).

New York State Teachers Retirement System purchased a new stake in Ares Management Corporation (NYSE:ARES - Free Report) during the 4th quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The firm purchased 121,536 shares of the asset manager's stock, valued at approximately $19,644,000.

Several other hedge funds have also added to or reduced their stakes in ARES. Redmont Wealth Advisors LLC acquired a new position in Ares Management in the third quarter valued at about $40,000. Atlantic Edge Private Wealth Management LLC acquired a new position in Ares Management in the fourth quarter valued at about $42,000. Washington Trust Advisors Inc. acquired a new position in Ares Management in the third quarter valued at about $50,000. First Horizon Corp acquired a new position in Ares Management in the third quarter valued at about $51,000. Finally, Covestor Ltd lifted its stake in Ares Management by 182.6% in the third quarter. Covestor Ltd now owns 421 shares of the asset manager's stock valued at $67,000 after buying an additional 272 shares during the period. Institutional investors own 50.03% of the company's stock.

Key Ares Management News

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

• Positive Sentiment: Record fundraising and revenue boost confidence: Ares raised a first‑quarter record ~$30 billion and reported higher revenue and GAAP net income ($142.6M), signaling strong investor demand and driving upward sentiment. Article Title
• Positive Sentiment: Assets under management and flows beat expectations: AUM and fundraising topped consensus, underpinning fee growth and recurring revenue potential for the firm. Article Title
• Positive Sentiment: Strong lending and deal activity: Ares closed ~$9.5B of U.S. direct lending in Q1 (≈$53B TTM) and participated in large private‑credit deals (e.g., $800M GoodLife financing with JPMorgan), supporting future fee and interest income. Article Title
• Positive Sentiment: Firm says balance sheet and investor demand are resilient: Management downplayed redemption fears and AI‑related disruption, which helped calm market concerns around private credit. Article Title
• Neutral Sentiment: Corporate moves and strategy: Ares announced leadership/strategy changes (COO appointment, platform reshaping including BlueCove) that could affect execution but are longer‑term in impact. Article Title
• Negative Sentiment: Quarterly EPS miss and rising expenses: Reported EPS ($1.24) missed consensus (~$1.34) and realized income metrics were pressured by higher expenses — a near‑term profitability concern that analysts flagged. Article Title

Insider Activity

In other Ares Management news, Director Ashish Bhutani acquired 10,000 shares of the business's stock in a transaction dated Friday, February 6th. The shares were acquired at an average price of $126.61 per share, for a total transaction of $1,266,100.00. Following the acquisition, the director directly owned 34,071 shares of the company's stock, valued at approximately $4,313,729.31. This trade represents a 41.54% increase in their position. The acquisition was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Also, Director Judy D. Olian acquired 480 shares of the business's stock in a transaction dated Friday, February 20th. The shares were acquired at an average price of $124.43 per share, for a total transaction of $59,726.40. Following the acquisition, the director directly owned 29,734 shares in the company, valued at $3,699,801.62. This represents a 1.64% increase in their ownership of the stock. Additional details regarding this purchase are available in the official SEC disclosure. Insiders own 36.86% of the company's stock.

Wall Street Analyst Weigh In

ARES has been the topic of several analyst reports. The Goldman Sachs Group cut their target price on Ares Management from $165.00 to $131.00 and set a "buy" rating on the stock in a research note on Tuesday, April 7th. Oppenheimer cut their target price on Ares Management from $215.00 to $147.00 and set an "outperform" rating on the stock in a research note on Monday, April 13th. JPMorgan Chase & Co. cut their target price on Ares Management from $188.00 to $144.00 and set an "overweight" rating on the stock in a research note on Tuesday, April 28th. Deutsche Bank Aktiengesellschaft raised Ares Management from a "hold" rating to a "buy" rating and cut their target price for the company from $182.00 to $155.00 in a research note on Friday, February 6th. Finally, Wall Street Zen lowered Ares Management from a "hold" rating to a "sell" rating in a research note on Saturday, February 28th. One investment analyst has rated the stock with a Strong Buy rating, thirteen have assigned a Buy rating, four have issued a Hold rating and one has issued a Sell rating to the company's stock. According to data from MarketBeat.com, the company has an average rating of "Moderate Buy" and an average target price of $165.31.

Ares Management Trading Up 1.6%

NYSE:ARES opened at $119.26 on Friday. Ares Management Corporation has a fifty-two week low of $95.80 and a fifty-two week high of $195.26. The company has a debt-to-equity ratio of 0.86, a current ratio of 1.22 and a quick ratio of 1.22. The stock has a market capitalization of $39.29 billion, a PE ratio of 55.47, a price-to-earnings-growth ratio of 1.08 and a beta of 1.50. The business's 50-day simple moving average is $110.17 and its 200-day simple moving average is $139.55.

Ares Management (NYSE:ARES - Get Free Report) last released its quarterly earnings data on Friday, May 1st. The asset manager reported $1.24 earnings per share for the quarter, missing the consensus estimate of $1.32 by ($0.08). Ares Management had a net margin of 9.41% and a return on equity of 19.04%. The business had revenue of $1.36 billion for the quarter, compared to the consensus estimate of $1.28 billion. During the same quarter last year, the firm earned $1.09 EPS. Sell-side analysts expect that Ares Management Corporation will post 6.09 earnings per share for the current fiscal year.

Ares Management Announces Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Tuesday, June 30th. Stockholders of record on Tuesday, June 16th will be issued a dividend of $1.35 per share. This represents a $5.40 annualized dividend and a dividend yield of 4.5%. The ex-dividend date is Tuesday, June 16th. Ares Management's payout ratio is 319.53%.

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.

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