Ares Management Corp (NYSE: ARES) is -19.95% lower on its value in year-to-date trading and has touched a low of $110.63 and a high of $200.49 in the current 52-week trading range. The question becomes, what are the chances the stock will make a comeback and enjoy potential growth. Why not look at analysts view on what the future holds for the stock. The ARES stock was last observed hovering at around $137.08 in the last trading session, with the day’s gains setting it 4.64%.
Currently trading at $141.72, the stock is 1.06% and -8.09% below its SMA20 and SMA50 respectively. However, with a daily trading volume of 1.15 million and changing 3.38% at the moment leaves the stock -12.03% off its SMA200. ARES registered 8.43% gain for a year compared to 6-month loss of -16.01%. The firm has a 50-day simple moving average (SMA 50) of $154.2024 and a 200-day simple moving average (SMA200) of $161.09454.
The stock witnessed a -4.06% gain in the last 1 month and extending the period to 3 months gives it a -27.22%, and is 2.41% up over the last 5 days. If we measure the stock’s price variations over the week and the month, we find that the volatility rates stand at 3.10% over the week and 6.53% over the month.
Ares Management Corp (ARES) has around 3200 employees, a market worth around $44.70B and $4.22B in sales. Current P/E ratio is 70.20 and Fwd P/E is 22.18. Profit margin for the company is 9.73%. Distance from 52-week low is 28.10% and -29.31% from its 52-week high. The company has generated returns on investments over the last 12 months (2.48%).
with sales reaching $915.85M over the same period.The EPS is expected to grow by 25.29% this year, but quarterly earnings will post 31.64% year-over-year. Quarterly sales are estimated to grow 21.24% in year-over-year returns.
Ares Management Corp (ARES) Top Institutional Holders
969.0 institutions hold shares in Ares Management Corp (ARES), with institutional investors hold 90.07% of the company’s shares. The shares outstanding are 199.87M, and float is at 192.08M with Short Float at 2.86%. Institutions hold 78.86% of the Float.
The top institutional shareholder in the company is WELLINGTON MANAGEMENT GROUP LLP with over 18.65 million shares valued at $2.49 billion. The investor’s holdings represent 9.1828% of the ARES Shares outstanding. As of 2024-06-30, the second largest holder is VANGUARD GROUP INC with 18.02 million shares valued at $2.4 billion to account for 8.8715 of the shares outstanding. The other top investors are SUMITOMO MITSUI FINANCIAL GROUP, INC. which holds 13.36 million shares representing 6.5795% and valued at over $1.78 billion, while BLACKROCK INC. holds 6.325 of the shares totaling 12.85 million with a market value of $1.71 billion.
Ares Management Corp (ARES) Insider Activity
The most recent transaction is an insider sale by Arougheti Michael J, the company’s Co-Founder and CEO. SEC filings show that Arougheti Michael J sold 110,845 shares of the company’s common stock on Mar 24 ’25 at a price of $153.17 per share for a total of $16.98 million. Following the sale, the insider now owns 1.4 million shares.
Still, SEC filings show that on Mar 11 ’25, BHUTANI ASHISH (Director) acquired 10,000 shares at an average price of $141.33 for $1.41 million. The insider now directly holds 22,905 shares of Ares Management Corp (ARES).
