Aquatic Capital Management LLC Purchases New Holdings in Ares Management Corporation $ARES

Aquatic Capital Management LLC acquired a new position in shares of Ares Management Corporation (NYSE:ARES) during the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund acquired 27,788 shares of the asset manager’s stock, valued at approximately $4,443,000.

Other institutional investors and hedge funds have also made changes to their positions in the company. Exchange Traded Concepts LLC raised its stake in Ares Management by 100.0% during the third quarter. Exchange Traded Concepts LLC now owns 190 shares of the asset manager’s stock valued at $30,000 after buying an additional 95 shares during the last quarter. Elevation Point Wealth Partners LLC purchased a new stake in shares of Ares Management in the second quarter worth $35,000. Redmont Wealth Advisors LLC purchased a new position in shares of Ares Management in the 3rd quarter worth about $40,000. Washington Trust Advisors Inc. bought a new position in Ares Management in the 3rd quarter worth about $50,000. Finally, First Horizon Corp purchased a new stake in Ares Management during the 3rd quarter valued at about $51,000. Institutional investors own 50.03% of the company’s stock.

Insiders Place Their Bets

In other news, Director Ashish Bhutani purchased 10,000 shares of the company’s stock in a transaction dated Friday, February 6th. The shares were purchased at an average cost of $126.61 per share, for a total transaction of $1,266,100.00. Following the purchase, the director directly owned 34,071 shares in the company, valued at approximately $4,313,729.31. This represents a 41.54% increase in their position. The transaction was disclosed in a legal filing with the SEC, which is accessible through the SEC website. Also, Director Judy D. Olian acquired 480 shares of the business’s stock in a transaction that occurred on Friday, February 20th. The stock was purchased at an average cost of $124.43 per share, with a total value of $59,726.40. Following the acquisition, the director directly owned 29,734 shares of the company’s stock, valued at $3,699,801.62. This trade represents a 1.64% increase in their ownership of the stock. Additional details regarding this purchase are available in the official SEC disclosure. Company insiders own 0.52% of the company’s stock.

Analyst Ratings Changes

Several research analysts have issued reports on ARES shares. Wolfe Research set a $210.00 target price on shares of Ares Management and gave the stock an “outperform” rating in a report on Wednesday, January 7th. Oppenheimer cut their price target on shares of Ares Management from $224.00 to $215.00 and set an “outperform” rating on the stock in a report on Friday, February 6th. Wall Street Zen downgraded shares of Ares Management from a “hold” rating to a “sell” rating in a research report on Saturday, February 28th. TD Cowen restated a “buy” rating on shares of Ares Management in a report on Wednesday, January 14th. Finally, Weiss Ratings reiterated a “hold (c)” rating on shares of Ares Management in a research note on Monday, December 29th. One research analyst has rated the stock with a Strong Buy rating, twelve have assigned a Buy rating and four have given a Hold rating to the company. According to data from MarketBeat, the company presently has a consensus rating of “Moderate Buy” and a consensus price target of $182.67.

Ares Management Stock Performance

Shares of NYSE ARES opened at $100.42 on Tuesday. The firm’s 50-day moving average price is $137.65 and its 200-day moving average price is $153.03. Ares Management Corporation has a 52-week low of $95.80 and a 52-week high of $195.26. The company has a market cap of $33.09 billion, a PE ratio of 59.42, a PEG ratio of 0.75 and a beta of 1.56. The company has a quick ratio of 1.22, a current ratio of 1.22 and a debt-to-equity ratio of 0.86.

Ares Management (NYSE:ARES) last issued its quarterly earnings data on Thursday, February 5th. The asset manager reported $1.45 earnings per share for the quarter, missing analysts’ consensus estimates of $1.71 by ($0.26). Ares Management had a net margin of 9.41% and a return on equity of 19.04%. The company had revenue of $1.50 billion for the quarter, compared to the consensus estimate of $1.38 billion. During the same quarter last year, the company earned $0.55 EPS. As a group, analysts anticipate that Ares Management Corporation will post 5.28 EPS for the current year.

Ares Management Increases Dividend

The company also recently declared a quarterly dividend, which will be paid on Tuesday, March 31st. Stockholders of record on Tuesday, March 17th will be issued a dividend of $1.35 per share. This represents a $5.40 annualized dividend and a dividend yield of 5.4%. The ex-dividend date of this dividend is Tuesday, March 17th. This is a positive change from Ares Management’s previous quarterly dividend of $0.84. Ares Management’s payout ratio is currently 265.09%.

Ares Management Profile

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.