Core Viewpoint - Ares Management Corporation is experiencing significant growth in assets under management and fundraising, positioning itself strongly in the alternative investment sector, with a favorable price target set by Deutsche Bank indicating potential upside for investors [1][2][6]. Group 1: Financial Performance - Ares Management's assets under management (AUM) surpassed $622 billion, reflecting a 29% increase year over year [2][6]. - The company achieved a record $113 billion in fundraising, showcasing its ability to attract significant capital [2]. - The wealth management division saw AUM rise by 69% year over year to over $66 billion, driven by the acquisition of GCP [3][6]. - Ares Management reported a 20% year-over-year increase in its first-quarter 2026 common dividend, indicating robust financial health [4]. Group 2: Market Position and Stock Performance - Ares Management competes with major firms like Blackstone and KKR, highlighting its strong market position [1]. - Deutsche Bank set a price target of $155 for ARES, suggesting a potential upside of 27.18% from its current trading price of $121.87 [1][6]. - Despite a recent decrease of $15.35, or approximately -11.19%, ARES stock has fluctuated between a low of $119.47 and a high of $132.93 during the trading day [5].
Ares Management Corporation (NYSE:ARES) Overview and Financial Highlights