Ares Management CorporationNYSE: ARES
Financials · Asset Management & Custody Banks
$140.43
+13.26%
Vol: 189K
Research Digest
Monday, June 15, 2026
No significant overnight updates
No material news in the last 48 hours.
Previous Market Intelligence
13 daysJun 14No significant overnight updatesNeutral▶
No material news in the last 48 hours.
May 21Ares Management Q1 EPS misses but record $30B fundraising drives mixed analyst reactionNeutral▶
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.
May 20No significant overnight updatesNeutral▶
No material news in the last 48 hours.
May 19No significant overnight updatesNeutral▶
No material news in the last 48 hours.
May 18Ares Management shares fell 4.0% on May 15 to $123.41, continuing a 22.6% YTD decline amid private credit redemption concerns.Negative▶
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.
May 15Ares Management agrees to acquire Whitestone REIT for ~$1.7B all-cash; Barclays raises PT to $140Positive▶
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.
May 14Ares Management missed Q1 EPS estimates at $1.24 (vs $1.36) on May 1 but posted record $30B fundraising (up 46% YoY) and 18% AUM growth to $644B, prompting mixed analyst reactions.Mixed▶
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.
May 13Ares Management posted record Q1 2026 fundraising of $30B (+45% YoY); Barclays raised target to $140, BofA cut to $142 on margin compression.Mixed▶
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.
May 12Ares Management Q1 26 EPS misses by $0.12 but revenue beats; record $30B fundraising drives analyst price target movesMixed▶
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.
May 11Ares Management hikes dividend 20% to $1.35 after Q1 records $30B fundraising despite EPS missMixed▶
Ares Management reported Q1 2026 results May 1 with EPS of $1.24 missing $1.36 estimates, but revenue rose 28% to $1.4 billion and net income surged 202%. The company raised its quarterly dividend by more than 20% to $1.35 per share and announced Peter Ogilvie as new COO and Head of Strategy. Record Q1 fundraising of $30 billion (+45% YoY) drove 18% AUM growth and 19% increase in fee-paying assets. Ares Credit funds closed ~$9.5 billion in US direct lending across 70 transactions. Barclays raised PT to $140 from $127 on May 4; BofA cut to $142 from $148, Oppenheimer cut to $146 from $147. Net profit margin slipped to 8.4% from 12.1% on rising G&A. Management targets $125B from wealth clients by 2028. Risk: margin compression and integration spend.
May 8Ares Management posts record $30B Q1 fundraising; acquires 32.4% of Rover Pipeline from Blackstone.Positive▶
Ares Management reported record first-quarter 2026 fundraising of $30 billion, up 45% year-over-year, driving 18% AUM growth and 19% fee-paying asset increase. Management fees surged 25%, with overall revenue growing 28% to $1.4 billion and net income up 202% year-over-year. On April 29, Ares acquired 32.4% stake in Rover Pipeline (700-mile natural gas transmission asset) from Blackstone Energy Transition Partners. The firm remains confident in achieving $125 billion wealth client target by 2028 despite market headwinds. Barclays raised price target following strong results. Consensus Buy rating with $166.93 average target (44.7% upside from $123.86).
May 7Ares Management Q1 2026 record fundraising hits $30B (+45% YoY); EPS $1.24 misses $1.36 but revenue beats; company maintains $125B wealth target by 2028.Positive▶
Ares Management reported Q1 2026 GAAP net income of $142.6M with EPS $1.24 (missed $1.36 estimate) but revenue $1,289M beat $1,207M consensus. Record Q1 fundraising of $30B (+45% YoY) drove 18% AUM growth and 19% fee-paying assets rise. Global platform manages $644B AUM across North America, South America, Europe, Asia Pacific, Middle East. Peter Ogilvie named COO/Head of Strategy; E.G. Morse joined as Partner/Head of Asia Credit from Goldman Sachs. Company maintains confidence in raising $125B from wealth clients by 2028 despite broader private credit redemptions. Credit funds closed $9.5B in Q1 direct lending commitments across 70 transactions; $53B YTD across 348 transactions. Barclays raised PT to $140 from $127; stock up 3.2% post-earnings. ARES up 18.99% month, 7.99% week, -22.13% year.
May 6Ares Management Q1 2026 earnings beat on revenue; record $30B fundraising (+45% YoY)Positive▶
Ares Management reported Q1 2026 earnings of $1.24 per share (missing estimate by $0.12) but revenue of $1.29B beat estimates. Record fundraising of $30B (+45% YoY) drove 18% AUM increase and 19% fee-paying assets growth. Credit funds closed $9.5B in direct lending commitments. Barclays raised price target to $140 from $127 post-earnings, reaffirming confidence in fundraising and management tone. Company maintaining $125B wealth target by 2028 despite private credit market headwinds.
Sector Peers
| Company | Price | Day | 1M | Fwd P/E | Beta | Mkt Cap |
|---|---|---|---|---|---|---|
| ARESARES | $140.43 | +13.26% | +0.2% | 16.9x | 1.52 | $40.9B |
| BLKBLACKROCK | $1,048.01 | -1.48% | -2.0% | 17.5x | 1.46 | $165.1B |
| BXBLACKSTONE | $127.78 | +7.77% | +1.3% | 15.7x | 1.63 | $144.9B |
| BKBANK | $137.16 | +0.00% | +0.4% | 14.2x | 1.07 | $94.1B |
| KKRKKR | $99.74 | +5.26% | -1.3% | 12.8x | 1.85 | $88.4B |
| APOAPOLLO | $138.79 | +6.03% | -2.4% | 12.3x | 1.52 | $75.5B |
Key Fundamentals
RSI (14-Day)
52-Week Range
Moving Averages
Price below 200d MA — bearish structure.