Wells Fargo & Company Issues Positive Forecast for Ares Management (NYSE:ARES) Stock Price

Ares Management (NYSE:ARES) had its price target upped by Wells Fargo & Company from $136.00 to $141.00 in a report released on Friday morning,Benzinga reports. The firm currently has an overweight rating on the asset manager’s stock.

Several other research firms also recently commented on ARES. TD Cowen cut their price objective on Ares Management from $163.00 to $159.00 and set a “buy” rating for the company in a report on Monday, October 12th. Keefe, Bruyette & Woods boosted their target price on shares of Ares Management from $119.00 to $130.00 and gave the stock a “market perform” rating in a report on Friday. Jefferies Financial Group dropped their price target on shares of Ares Management from $144.00 to $132.00 and set a “hold” rating on the stock in a research report on Tuesday, October 6th. The Goldman Sachs Group cut their price target on shares of Ares Management from $145.00 to $139.00 and set a “buy” rating for the company in a research note on Friday, October 2nd. Finally, Bank of America lowered their price target on Ares Management from $160.00 to $156.00 in a research report on Monday, October 5th. One analyst has rated the stock with a Strong Buy rating, eleven have assigned a Buy rating and nine have given a Hold rating to the stock. According to data from MarketBeat, the stock has a consensus rating of “Moderate Buy” and an average price target of $146.21.

Ares Management Price Performance

NYSE:ARES opened at $128.16 on Friday. Ares Management has a 52-week low of $95.80 and a 52-week high of $181.19. The company has a market cap of $42.33 billion, a P/E ratio of 24.33, a P/E/G ratio of 1.16 and a beta of 1.53. The company has a debt-to-equity ratio of 1.00, a quick ratio of 0.26 and a current ratio of 0.26. The stock’s 50-day simple moving average is $126.00 and its 200 day simple moving average is $125.26.

Ares Management (NYSE:ARES) last issued its quarterly earnings results on Thursday, October 29th. The asset manager reported $1.26 EPS for the quarter, beating the consensus estimate of $1.25 by $0.01. The firm had revenue of $1.43 billion during 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%. The business’s quarterly revenue was down 13.5% compared to the same quarter last year. During the same period in the prior year, the firm posted $1.15 earnings per share. As a group, sell-side analysts forecast that Ares Management will post 5.80 EPS for the current fiscal year.

Ares Management Dividend Announcement

The business also recently declared a quarterly dividend, which will be paid on Thursday, December 31st. Investors of record on Thursday, December 17th will be given a dividend of $1.35 per share. The ex-dividend date of this dividend is Thursday, December 17th. This represents a $5.40 dividend on an annualized basis and a yield of 4.2%. Ares Management’s dividend payout ratio is currently 247.71%.

Hedge Funds Weigh In On Ares Management

Several hedge funds have recently bought and sold shares of the company. Curated Wealth Partners LLC increased its holdings in 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 valued at $168,546,000 after purchasing an additional 1,315,043 shares during the period. ICG Advisors LLC bought a new position in Ares Management during the 3rd quarter worth $98,392,000. Janus Henderson Group PLC raised its position in Ares Management by 43.8% during the 1st quarter. Janus Henderson Group PLC now owns 1,653,078 shares of the asset manager’s stock worth $180,343,000 after purchasing an additional 503,688 shares during the last quarter. Advent International L.P. lifted its holdings in Ares Management by 9,353.6% during the 1st quarter. Advent International L.P. now owns 428,720 shares of the asset manager’s stock worth $46,773,000 after buying an additional 424,185 shares during the period. Finally, Munich Reinsurance Co Stock Corp in Munich acquired a new position in Ares Management during the 1st quarter worth about $44,773,000. 50.03% of the stock is owned by institutional investors.

More Ares Management News

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

About Ares Management

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.