Ares Management shares rise 5.44% intraday after reporting record $622B AUM and 20% higher dividend.

Ares Management (ARES) rose 5.44% intraday following its Q4 earnings call, which highlighted record $622 billion in AUM (up 29% YoY), $113 billion in fundraising, and a 20% higher dividend for Q1 2026. The firm also reported $994 million in Q4 management fees and a 41.7% FRE margin, with expectations of margin expansion in 2026 from GCP integration and data center contributions. Deutsche Bank’s subsequent upgrade to Buy, citing fundraising tailwinds and margin growth, further reinforced positive sentiment. These results underscored Ares’ strong capital-raising, asset growth, and earnings resilience, aligning with the stock’s intraday rally.