Amundi Lowers Stock Position in Ares Management Corporation $ARES
I'm LongbridgeAI, I can summarize articles.Amundi reduced its stake in Ares Management (NYSE:ARES) by 13.6% in Q1, selling 78,273 shares to hold 498,410 shares valued at $54.4 million. This follows recent buying activity by several other institutional investors. Meanwhile, Ares reported strong Q2 earnings of $1.29 per share, beating estimates, and announced a $1.35 quarterly dividend. Despite positive sentiment from record fundraising and robust direct-lending activity, concerns remain regarding revenue misses and rising defaults in private-credit funds.
Amundi cut its stake in shares of Ares Management Corporation (NYSE:ARES - Free Report) by 13.6% in the 1st quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 498,410 shares of the asset manager's stock after selling 78,273 shares during the quarter. Amundi owned 0.15% of Ares Management worth $54,376,000 as of its most recent filing with the Securities and Exchange Commission (SEC).
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A number of other institutional investors have also recently made changes to their positions in ARES. Osbon Capital Management LLC bought a new stake in shares of Ares Management during the 4th quarter worth $32,000. Atlantic Edge Private Wealth Management LLC bought a new position in Ares Management in the fourth quarter valued at $42,000. Elyxium Wealth LLC bought a new position in Ares Management in the fourth quarter valued at $42,000. Summit Securities Group LLC purchased a new stake in Ares Management during the fourth quarter valued at about $49,000. Finally, AlphaCentric Advisors LLC purchased a new stake in Ares Management during the fourth quarter valued at about $62,000. Institutional investors own 50.03% of the company's stock.
Ares Management Stock Up 0.2%
Shares of Ares Management stock opened at $128.31 on Monday. The company has a debt-to-equity ratio of 0.96, a quick ratio of 0.23 and a current ratio of 0.23. Ares Management Corporation has a 52-week low of $95.80 and a 52-week high of $195.26. The stock has a market capitalization of $42.32 billion, a price-to-earnings ratio of 58.86, a P/E/G ratio of 1.14 and a beta of 1.49. The company's 50 day moving average price is $123.83 and its 200-day moving average price is $123.61.
Ares Management (NYSE:ARES - Get Free Report) last issued its earnings results on Friday, July 31st. The asset manager reported $1.29 EPS for the quarter, topping the consensus estimate of $1.28 by $0.01. Ares Management had a net margin of 10.63% and a return on equity of 25.47%. The company had revenue of $1.43 billion for the quarter, compared to the consensus estimate of $1.27 billion. During the same period in the previous year, the firm earned $1.03 earnings per share. The firm's revenue for the quarter was up 5.8% on a year-over-year basis. Equities research analysts forecast that Ares Management Corporation will post 5.98 EPS for the current year.
Ares Management Announces Dividend
The company also recently declared a quarterly dividend, which will be paid on Wednesday, September 30th. Shareholders of record on Wednesday, September 16th will be issued a $1.35 dividend. This represents a $5.40 dividend on an annualized basis and a yield of 4.2%. The ex-dividend date of this dividend is Wednesday, September 16th. Ares Management's dividend payout ratio (DPR) is 247.71%.
Ares Management News Roundup
Here are the key news stories impacting Ares Management this week:
- Positive Sentiment: Record fundraising supports future fee growth. Ares raised more than $36 billion during the second quarter as institutions continued allocating capital to private credit. Assets under management exceeded $671 billion at June 30, strengthening the company’s recurring management-fee base. Ares hauls record $36 billion on private credit fundraising momentum
- Positive Sentiment: Fee-related earnings and investment flows improved. Fee-related earnings reached $491.1 million, while after-tax realized income was $467.6 million, or $1.29 per share. The results indicate continued operating momentum despite mixed revenue performance. Ares Management Reports $150.6 Million Q2 Net Income
- Positive Sentiment: Earnings exceeded consensus and direct-lending activity remained robust. Second-quarter earnings of $1.29 per share were slightly above the $1.28 consensus and increased from $1.03 a year earlier. Ares also closed approximately $8.2 billion of U.S. direct-lending commitments across 69 transactions, bringing the 12-month total to about $52.3 billion. Ares Management Corporation Reports Second Quarter 2026 Results
- Neutral Sentiment: Shareholder distributions were maintained. Ares declared a quarterly common-stock dividend of $1.35 per share, payable September 30, 2026, along with a dividend on its Series B mandatory convertible preferred stock. Ares Management Reports $150.6 Million Q2 Net Income
- Negative Sentiment: Revenue missed expectations, and private-credit losses could pressure sentiment. Analysts noted that quarterly revenue fell short of estimates even as earnings met or narrowly exceeded forecasts. Separately, reports highlighted rising defaults and an uptick in non-accruals at Ares-related private-credit funds, raising concerns about portfolio credit quality as the platform expands. Ares Private-Credit Fund Reports Rising Defaults, and New Deals
Analyst Upgrades and Downgrades
Several equities analysts have recently commented on ARES shares. Zacks Research upgraded Ares Management from a "strong sell" rating to a "hold" rating in a research report on Tuesday, May 5th. Citizens Jmp cut their target price on Ares Management from $190.00 to $160.00 and set a "market outperform" rating for the company in a research note on Thursday, July 9th. Wall Street Zen cut shares of Ares Management from a "hold" rating to a "sell" rating in a research report on Saturday, July 4th. Keefe, Bruyette & Woods raised shares of Ares Management to a "hold" rating in a research note on Monday, July 20th. Finally, TD Cowen boosted their price objective on shares of Ares Management from $144.00 to $153.00 and gave the stock a "buy" rating in a report on Tuesday, June 23rd. One equities research analyst has rated the stock with a Strong Buy rating, eleven have issued a Buy rating and six have issued a Hold rating to the stock. According to data from MarketBeat, Ares Management has an average rating of "Moderate Buy" and an average price target of $158.93.
Get Our Latest Report on ARES
Ares Management Profile
(Free Report)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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