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Ares Management Fuels Growth with $850M Convergint Deal

JACK KELLOGG•UPDATED MAR. 13, 2026, 11:33 AM ET
Reviewed by Ellis Hobbs Fact-checked by Matt Monaco

Ares Management Corporation stocks have been trading up by 5.33 percent amid positive market sentiment and growth prospects.

Candlestick Chart

Live Update At 11:32:41 EDT: On Friday, March 13, 2026 Ares Management Corporation stock [NYSE: ARES] is trending up by 5.33%! Discover the key drivers behind this movement as well as our expert analysis in the detailed breakdown below.

Quick Financial Overview

The recent financial performance of Ares Management Corporation (ARES) reflects vigorous activity. The company’s broad deployment can be seen in recent bids like the $850M vehicle closure for Convergint. This move is expected to provide substantial traction in the system integration space, showing promising future revenue streams.

In parallel, market navigation seems to be mixed following Barclays’ downward revision of the price target, from $190 to $138. The rationale behind this change hints at apprehensions on future earnings, especially due to volatility in alternative assets and potential reverberations of AI advancements. However, holding an Overweight rating suggests that the firm’s fundamentals are still perceived as resilient.

The rise in Ares shares by 1.8% was significantly driven by positioning itself as the lead buyer of a $2.2B private credit portfolio from Arcmont. Trading data reveals a pattern of rises and declines. Spanning from a high of $120.91 to lower trenches like $97.98 suggests oscillating market reactions. Interestingly, Ares’ stock reflects a resilience with intraday climbs reaching close to $101.65, signifying bullish investor sentiment post-major deal announcements.

Financials show a diverse snapshot with a focus on maintaining a low debt-to-equity ratio of 0.16, and high profitability margins signaling strength and efficient management. In terms of cash flow, financing appears favorable while some operational actions hint at strategic realignment to spur long-term gains.

Expansion into New Markets

Ares Management’s real estate portfolio is further bolstered with the acquisition of the London Copyright Building. This high-value asset acquisition, priced at approximately £160 million, underscores an aggressive expansion posture. The deal complements their portfolio with fully leased and income-generating properties.

On the global frontier, inducting a local credit fund in Thailand illustrates Ares’ relentless push to the Asian markets. This comes at an opportune time when local insurance companies are ramping up interest in high-quality credit lines, thus positioning Ares for broader influence geographically.

Reports affirm Ares’ strengthened presence in key sectors. The European Commission’s nod to manage Ryan emphasizes compliance and integrity in such expansions. These strategic investments will likely cultivate substantial credibility and a competitive edge, appealing to global investors.

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Conclusion

In summary, Ares Management Corporation exhibits a discerning approach by orchestrating substantial deals to sustain and steer market growth. While short-term headwinds like revised price targets exist, their diversified expansion strategy across finance and tech sectors manifests robust potential. Traders observing these markets must weigh the broader implications of Ares’ recent activities aiming for long-term profitability and market leadership. As millionaire penny stock trader and teacher Tim Sykes says, “Be patient, don’t force trades, and let the perfect setups come to you.” With prudent moves across diverse markets, Ares continues setting benchmarks as a formidable entity in the trading sector.

This is stock news, not investment advice. Timothy Sykes News delivers real-time stock market news focused on key catalysts driving short-term price movements. Our content is tailored for active traders and investors seeking to capitalize on rapid price fluctuations, particularly in volatile sectors like penny stocks. Readers come to us for detailed coverage on earnings reports, mergers, FDA approvals, new contracts, and unusual trading volumes that can trigger significant short-term price action. Some users utilize our news to explain sudden stock movements, while others rely on it for diligent research into potential investment opportunities.

Dive deeper into the world of trading with Timothy Sykes, renowned for his expertise in penny stocks. Explore his top picks and discover the strategies that have propelled him to success with these articles:

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The available research on day trading suggests that most active traders lose money. Fees and overtrading are major contributors to these losses.

A 2000 study called “Trading is Hazardous to Your Wealth: The Common Stock Investment Performance of Individual Investors” evaluated 66,465 U.S. households that held stocks from 1991 to 1996. The households that traded most averaged an 11.4% annual return during a period where the overall market gained 17.9%. These lower returns were attributed to overconfidence.

A 2014 paper (revised 2019) titled “Learning Fast or Slow?” analyzed the complete transaction history of the Taiwan Stock Exchange between 1992 and 2006. It looked at the ongoing performance of day traders in this sample, and found that 97% of day traders can expect to lose money from trading, and more than 90% of all day trading volume can be traced to investors who predictably lose money. Additionally, it tied the behavior of gamblers and drivers who get more speeding tickets to overtrading, and cited studies showing that legalized gambling has an inverse effect on trading volume.

A 2019 research study (revised 2020) called “Day Trading for a Living?” observed 19,646 Brazilian futures contract traders who started day trading from 2013 to 2015, and recorded two years of their trading activity. The study authors found that 97% of traders with more than 300 days actively trading lost money, and only 1.1% earned more than the Brazilian minimum wage ($16 USD per day). They hypothesized that the greater returns shown in previous studies did not differentiate between frequent day traders and those who traded rarely, and that more frequent trading activity decreases the chance of profitability.

These studies show the wide variance of the available data on day trading profitability. One thing that seems clear from the research is that most day traders lose money .

Millionaire Media 66 W Flagler St. Ste. 900 Miami, FL 33130 United States (888) 878-3621 This is for information purposes only as Millionaire Media LLC nor Timothy Sykes is registered as a securities broker-dealer or an investment adviser. No information herein is intended as securities brokerage, investment, tax, accounting or legal advice, as an offer or solicitation of an offer to sell or buy, or as an endorsement, recommendation or sponsorship of any company, security or fund. Millionaire Media LLC and Timothy Sykes cannot and does not assess, verify or guarantee the adequacy, accuracy or completeness of any information, the suitability or profitability of any particular investment, or the potential value of any investment or informational source. The reader bears responsibility for his/her own investment research and decisions, should seek the advice of a qualified securities professional before making any investment, and investigate and fully understand any and all risks before investing. Millionaire Media LLC and Timothy Sykes in no way warrants the solvency, financial condition, or investment advisability of any of the securities mentioned in communications or websites. In addition, Millionaire Media LLC and Timothy Sykes accepts no liability whatsoever for any direct or consequential loss arising from any use of this information. This information is not intended to be used as the sole basis of any investment decision, nor should it be construed as advice designed to meet the investment needs of any particular investor. Past performance is not necessarily indicative of future returns.

Citations for Disclaimer

Barber, Brad M. and Odean, Terrance, Trading is Hazardous to Your Wealth: The Common Stock Investment Performance of Individual Investors. Available at SSRN: “Day Trading for a Living?”

Barber, Brad M. and Lee, Yi-Tsung and Liu, Yu-Jane and Odean, Terrance and Zhang, Ke, Learning Fast or Slow? (May 28, 2019). Forthcoming: Review of Asset Pricing Studies, Available at SSRN: “https://ssrn.com/abstract=2535636”

Chague, Fernando and De-Losso, Rodrigo and Giovannetti, Bruno, Day Trading for a Living? (June 11, 2020). Available at SSRN: “https://ssrn.com/abstract=3423101”