Elevation Point Wealth Partners LLC Has $1.59 Million Stake in Ares Capital Corporation $ARCC

Elevation Point Wealth Partners LLC grew its stake in shares of Ares Capital Corporation (NASDAQ:ARCC) by 2,427.0% during the third quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund owned 78,085 shares of the investment management company’s stock after buying an additional 74,995 shares during the period. Elevation Point Wealth Partners LLC’s holdings in Ares Capital were worth $1,594,000 as of its most recent filing with the Securities and Exchange Commission.

Other institutional investors also recently modified their holdings of the company. AQR Capital Management LLC boosted its stake in Ares Capital by 6.5% during the 1st quarter. AQR Capital Management LLC now owns 16,502 shares of the investment management company’s stock worth $365,000 after acquiring an additional 1,000 shares during the last quarter. Dynamic Technology Lab Private Ltd acquired a new position in Ares Capital during the first quarter valued at approximately $273,000. Goldman Sachs Group Inc. increased its stake in Ares Capital by 14.5% in the first quarter. Goldman Sachs Group Inc. now owns 2,835,007 shares of the investment management company’s stock valued at $62,824,000 after purchasing an additional 358,829 shares in the last quarter. Empowered Funds LLC raised its holdings in Ares Capital by 139.9% in the first quarter. Empowered Funds LLC now owns 27,655 shares of the investment management company’s stock worth $613,000 after purchasing an additional 16,128 shares during the period. Finally, UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC acquired a new stake in Ares Capital in the first quarter worth $14,766,000. 27.38% of the stock is currently owned by institutional investors and hedge funds.

Ares Capital Stock Down 1.2%

Shares of ARCC stock opened at $17.86 on Monday. Ares Capital Corporation has a 12-month low of $17.59 and a 12-month high of $23.42. The company has a quick ratio of 1.70, a current ratio of 1.70 and a debt-to-equity ratio of 1.12. The firm has a fifty day moving average of $19.69 and a 200-day moving average of $20.25. The company has a market capitalization of $12.82 billion, a price-to-earnings ratio of 9.60 and a beta of 0.59.

Ares Capital (NASDAQ:ARCC) last posted its quarterly earnings data on Wednesday, February 4th. The investment management company reported $0.50 EPS for the quarter, meeting the consensus estimate of $0.50. The business had revenue of $793.00 million for the quarter, compared to analysts’ expectations of $795.20 million. Ares Capital had a net margin of 42.56% and a return on equity of 9.89%. The firm’s revenue was up 4.5% compared to the same quarter last year. During the same period in the previous year, the firm posted $0.55 EPS. As a group, equities research analysts predict that Ares Capital Corporation will post 2.19 earnings per share for the current fiscal year.

Ares Capital Dividend Announcement

The company also recently declared a quarterly dividend, which will be paid on Tuesday, March 31st. Stockholders of record on Friday, March 13th will be issued a $0.48 dividend. This represents a $1.92 dividend on an annualized basis and a dividend yield of 10.8%. The ex-dividend date is Friday, March 13th. Ares Capital’s payout ratio is 103.23%.

Insider Transactions at Ares Capital

In other news, CFO Scott C. Lem acquired 5,186 shares of Ares Capital stock in a transaction dated Friday, February 6th. The stock was bought at an average cost of $19.29 per share, with a total value of $100,037.94. Following the completion of the transaction, the chief financial officer directly owned 39,463 shares of the company’s stock, valued at approximately $761,241.27. This represents a 15.13% increase in their ownership of the stock. The acquisition was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, CEO Michael Kort Schnabel acquired 12,500 shares of the firm’s stock in a transaction that occurred on Thursday, February 5th. The shares were purchased at an average price of $19.13 per share, with a total value of $239,125.00. Following the completion of the acquisition, the chief executive officer owned 40,500 shares of the company’s stock, valued at $774,765. This represents a 44.64% increase in their position. The disclosure for this purchase is available in the SEC filing. Insiders own 0.49% of the company’s stock.

Analyst Upgrades and Downgrades

Several equities analysts have recently issued reports on ARCC shares. Wall Street Zen lowered shares of Ares Capital from a “hold” rating to a “sell” rating in a report on Saturday, February 7th. B. Riley Financial reaffirmed a “buy” rating on shares of Ares Capital in a research note on Monday, February 9th. Wells Fargo & Company reduced their target price on Ares Capital from $21.00 to $20.00 and set an “overweight” rating on the stock in a report on Thursday, February 5th. Weiss Ratings reissued a “hold (c+)” rating on shares of Ares Capital in a research note on Monday, December 29th. Finally, UBS Group lowered their price target on Ares Capital from $21.00 to $19.00 and set a “neutral” rating for the company in a report on Friday. Seven research analysts have rated the stock with a Buy rating and two have given a Hold rating to the company. According to data from MarketBeat, the stock presently has an average rating of “Moderate Buy” and an average price target of $21.38.

Ares Capital News Summary

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

• Positive Sentiment: Wall Street analyst consensus still leans favorable — several write-ups note analysts’ recommendations and an overall “buy/hold” tilt that supports interest in ARCC from income-seeking investors. Wall Street Bulls Look Optimistic About Ares Capital (ARCC)
• Positive Sentiment: Ares was featured in an article highlighting high-yield/dividend names attractive to income investors — this can sustain demand from yield-focused funds and retail buyers. Risk-Savvy Investors Love 4 Passive Income Kings Yielding 10% and More
• Neutral Sentiment: JPMorgan cut its price target (from $22 to $19) while keeping an overweight rating — the lower target trims upside but the positive rating limits downside impact. Benzinga
• Neutral Sentiment: Reports flagged unusually large options activity in ARCC, which can signal short-term positioning or hedging but isn’t definitive on direction. Ares Capital Target of Unusually Large Options Trading
• Neutral Sentiment: Market headlines documenting a recent intraday price drop are amplifying attention but mainly reflect short-term trading volatility rather than new company fundamentals. Ares Capital Registers a Bigger Fall Than the Market
• Neutral Sentiment: Short-interest data reported appears inconsistent (zeros/NaN), so there’s no clear signal from short-position metrics at this time. (Data quality issue.)
• Negative Sentiment: UBS lowered its price target from $21 to $19 and moved to a “neutral” rating — a downgrade in analyst sentiment that reduces the stock’s perceived upside and likely weighs on price. Benzinga
• Negative Sentiment: Broader market concern about “PIK” (paid-in-kind) loans — borrowers paying interest with IOUs instead of cash — raises credit-quality worries for loan-focused vehicles like ARCC, pressuring sentiment for BDCs and leveraged-credit lenders. ‘PIK’ Loans Are the Market’s Latest Concern

About Ares Capital

Ares Capital Corporation (NASDAQ: ARCC) is a publicly traded business development company (BDC) that specializes in providing debt and equity financing solutions to U.S. middle-market companies. As a BDC, Ares Capital offers investors access to a diversified portfolio of tailored credit investments, including senior secured loans, unitranche financing, mezzanine debt and equity co-investments. The firm’s flexible capital structures are designed to support companies seeking growth capital, refinancing or strategic acquisitions.

Through its credit platform, Ares Capital focuses on originations, underwriting and portfolio management across a range of industries, with a particular emphasis on sectors such as healthcare, technology, industrials and business services.