
Financials · Asset Management & Custody Banks
$129.38
+0.80%
Vol: 1.8M
Friday, June 19, 2026
No material news in the last 48 hours.
No material news in the last 48 hours.
On June 16, 2026 Bloomberg reported that Ares Management is nearing an agreement to take control of cash-strapped Ligue 1 club Olympique Lyonnais, working with businesswoman Michele Kang and finalizing terms with administrator Cork Gully LLP over Eagle Football Group Bidco. The move would deepen Ares's sports-related investing footprint. The development comes amid broader pressure on alternative-asset managers, as KKR, Blackstone and Ares shares tumbled in early June on private-equity jitters tied to Fed rate cuts and rising loan defaults. Separately, Goldman Sachs removed Ares from its US Conviction List in a recent monthly update, a mild negative signal. The bull case is continued broad-based AUM growth across credit, real assets and secondaries; the bear case is sector-wide concern over private credit returns and a distressed-asset acquisition carrying execution and reputational risk.
No material news in the last 48 hours.
No material news in the last 48 hours.
No material news in the last 48 hours.
Ares Management reported Q1 2026 EPS of $1.24 on May 1, missing the $1.36 consensus by $0.12, though revenue of $1.29B beat estimates. Record Q1 fundraising of $30B (up over 45% YoY) drove an 18% increase in AUM. Peter Ogilvie was appointed COO and Head of Strategy effective April 29, and Edwin Wong will retire as Head of Asia Credit on June 30. Barclays raised its price target to $140 from $127; Bank of America cut to $142 from $148 on May 4. Shares fell 4.0% to $123.41 on May 15.
No material news in the last 48 hours.
No material news in the last 48 hours.
Ares Management Corp shares dropped 4.0% on Friday May 15, 2026 to $123.41, extending a downward trend that has the stock down 22.6% YTD. Recent context includes Q1 results showing $1.24 EPS missing the $1.36 estimate but revenue of $1.29B beating estimates by ~$82M, with record $30B quarterly fundraising (up 46% YoY) and AUM growth of 18% to $644B. Bank of America cut its price target to $142 from $148 on May 4. The stock weakness reflects broader private credit market jitters around redemptions from individual investors. Ares maintains it can still raise $125 billion from wealth clients by 2028.
Ares Management agreed to acquire real-estate investment trust Whitestone REIT in an all-cash transaction valued at approximately $1.7 billion, expanding its real estate platform. Shares jumped 3.2% after Barclays raised its price target to $140 from $127 following strong Q1 results. Q1 2026 fundraising hit a record $30 billion (+45% YoY), driving AUM up 18% to over $644 billion, fee-paying AUM up 19%, management fees up 25%, revenue up 28% to $1.4B, and net income up 202% to $142.6M. The BlueCove acquisition contributed a $37.4M bargain-purchase gain. CEO Michael Arougheti will present at the Bernstein Strategic Decisions Conference May 27. Risk: integration risk on Whitestone deal; sensitivity to credit cycle.
Ares Management reported Q1 2026 EPS of $1.24, missing the $1.36 consensus by $0.12, but revenue of $1.29B beat by $82M, growing 28% YoY. The firm raised a record $30B of gross capital (up 46% YoY), drove AUM up 18% to $644B, fee-paying AUM up 19%, and management fees up 25%. Net income surged 202% YoY. Management reaffirmed confidence in raising $125B from wealth clients by 2028 despite private credit redemption pressures. Barclays raised its PT to $140 from $127 citing impressive fundraising and confident management tone; shares jumped 3.2%. Bank of America lowered its PT to $142 from $148 on May 4. CEO Michael Arougheti will present at the Bernstein conference on May 27.
Ares Management reported Q1 2026 earnings of $1.24, missing $1.36 consensus, but revenue of $1.29B beat $1.21B estimates. The big positive was record Q1 fundraising of $30B (up 45% YoY) driving 18% AUM growth to over $644B. Revenue grew 28% to $1.4B; net income jumped 202% YoY. Direct lending closed $9.5B across 70 transactions in Q1. Barclays raised target to $140 from $127, while BofA trimmed to $142 from $148 and Oppenheimer to $146 from $147 on May 4 citing margin compression with net margin dropping to 8.4% from 12.1%. Management reiterated target to raise $125B from wealth clients by 2028.
Ares Management Q1 2026 results on May 1: EPS of $1.24 missed consensus of $1.36, but revenue of $1.289B beat estimates by $82M. Record Q1 fundraising of $30B (+45% YoY) drove AUM +18%, fee-paying AUM +19%, management fees +25%, total revenue +28% to $1.4B, and net income +202% YoY. Analyst actions: Barclays raised PT to $140 from $127 (shares jumped 3.2%); BofA lowered to $142 from $148 on May 4; Oppenheimer trimmed to $146 from $147 on May 4. Management reiterated goal of raising $125B from wealth clients by 2028. Stock closed at $126.25 on May 8.
| Company | Price | Day | 1M | Fwd P/E | Beta | Mkt Cap |
|---|---|---|---|---|---|---|
| ARESARES | $129.38 | +0.80% | +2.7% | 16.0x | 1.54 | $38.6B |
| BLKBLACKROCK | $1,050.83 | -0.62% | +1.3% | 16.3x | 1.44 | $161.9B |
| BXBLACKSTONE | $124.01 | -0.80% | +8.7% | 16.3x | 1.58 | $150.1B |
| BKBANK | $137.16 | +0.00% | +0.0% | 14.2x | 1.07 | $94.1B |
| KKRKKR | $96.93 | -0.25% | +2.5% | 12.7x | 1.79 | $87.5B |
| APOAPOLLO | $137.79 | -0.81% | -3.3% | 11.2x | 1.50 | $68.4B |
Price below 200d MA — bearish structure.