Obermeyer Wealth Partners Purchases 42,992 Shares of Ares Capital Corporation $ARCC

Obermeyer Wealth Partners increased its position in Ares Capital Corporation (NASDAQ:ARCC) by 11.6% during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 413,151 shares of the investment management company’s stock after acquiring an additional 42,992 shares during the quarter. Obermeyer Wealth Partners owned about 0.06% of Ares Capital worth $8,358,000 at the end of the most recent quarter.

Other institutional investors have also recently bought and sold shares of the company. City Holding Co. raised its holdings in Ares Capital by 444.4% in the 3rd quarter. City Holding Co. now owns 1,225 shares of the investment management company’s stock worth $25,000 after acquiring an additional 1,000 shares during the period. SWAN Capital LLC bought a new position in Ares Capital in the 3rd quarter worth $27,000. NBT Bank N A NY bought a new position in Ares Capital in the 3rd quarter worth $31,000. Quarry LP bought a new position in Ares Capital in the 3rd quarter worth $33,000. Finally, WFA of San Diego LLC bought a new position in shares of Ares Capital during the 2nd quarter worth about $36,000. Institutional investors own 27.38% of the company’s stock.

Analyst Ratings Changes

Several research analysts have recently issued reports on the stock. Weiss Ratings restated a “hold (c+)” rating on shares of Ares Capital in a report on Monday, December 29th. Wall Street Zen downgraded shares of Ares Capital from a “hold” rating to a “sell” rating in a report on Saturday, February 7th. Wells Fargo & Company dropped their price objective on shares of Ares Capital from $21.00 to $20.00 and set an “overweight” rating on the stock in a report on Thursday, February 5th. Royal Bank Of Canada dropped their price objective on shares of Ares Capital from $23.00 to $22.00 and set an “outperform” rating on the stock in a report on Monday, February 9th. Finally, UBS Group dropped their price objective on shares of Ares Capital from $21.00 to $19.00 and set a “neutral” rating on the stock in a report on Friday, March 13th. Seven equities research analysts have rated the stock with a Buy rating and two have issued a Hold rating to the stock. According to MarketBeat, the company has a consensus rating of “Moderate Buy” and a consensus target price of $21.13.

Insider Transactions at Ares Capital

In other news, CEO Michael Kort Schnabel purchased 12,500 shares of Ares Capital stock in a transaction on Thursday, February 5th. The shares were purchased at an average cost of $19.13 per share, for a total transaction of $239,125.00. Following the completion of the transaction, the chief executive officer directly owned 40,500 shares in the company, valued at approximately $774,765. This represents a 44.64% increase in their ownership of the stock. The purchase was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. Also, CFO Scott C. Lem purchased 5,186 shares of Ares Capital stock in a transaction on Friday, February 6th. The stock was purchased at an average price of $19.29 per share, for a total transaction of $100,037.94. Following the completion of the transaction, the chief financial officer owned 39,463 shares of the company’s stock, valued at approximately $761,241.27. This represents a 15.13% increase in their ownership of the stock. The SEC filing for this purchase provides additional information. 0.49% of the stock is owned by insiders.

Ares Capital Stock Performance

NASDAQ ARCC opened at $18.67 on Friday. The stock has a market cap of $13.41 billion, a P/E ratio of 10.04 and a beta of 0.58. The company’s 50-day simple moving average is $18.54 and its 200 day simple moving average is $19.62. Ares Capital Corporation has a twelve month low of $17.40 and a twelve month high of $23.42. The company has a quick ratio of 1.70, a current ratio of 1.70 and a debt-to-equity ratio of 1.12.

Ares Capital (NASDAQ:ARCC) last posted its earnings results on Wednesday, February 4th. The investment management company reported $0.50 earnings per share for the quarter, meeting analysts’ consensus estimates of $0.50. The business had revenue of $793.00 million for the quarter, compared to analysts’ expectations of $795.20 million. Ares Capital had a net margin of 42.56% and a return on equity of 9.89%. The firm’s revenue for the quarter was up 4.5% on a year-over-year basis. During the same quarter in the previous year, the firm posted $0.55 earnings per share. As a group, research analysts forecast that Ares Capital Corporation will post 1.93 earnings per share for the current fiscal year.

Ares Capital Dividend Announcement

The company also recently declared a quarterly dividend, which was paid on Tuesday, March 31st. Shareholders of record on Friday, March 13th were given a $0.48 dividend. The ex-dividend date was Friday, March 13th. This represents a $1.92 dividend on an annualized basis and a yield of 10.3%. Ares Capital’s payout ratio is 103.23%.

Ares Capital News Summary

Here are the key news stories impacting Ares Capital this week:

• Positive Sentiment: Value/yield angle — Several commentators argue the recent pullback creates an opportunity to capture a 10%+ yield, framing ARCC as a high-income play for yield-seeking investors. Ares Capital’s Drop Offers The Opportunity To Capture A 10%+ Yield
• Positive Sentiment: Bullish analyst/blog coverage — Recent write-ups highlight ARCC’s low forward P/E and dividend-focused total-return case, reinforcing demand from income-oriented investors. Is Ares Capital Corporation (ARCC) A Good Stock To Buy Now?
• Neutral Sentiment: Quarterly outlook coverage — Articles summarizing Wall Street’s Q1 estimates flag key metrics to watch (yield, net investment income, portfolio credit performance), providing context but not a clear directional catalyst. Unveiling Ares Capital (ARCC) Q1 Outlook
• Neutral Sentiment: Short-interest data appears to show no meaningful short position (report shows 0 shares / 0.0 days), likely a data anomaly — not currently a clear market pressure point.
• Negative Sentiment: Sector outflows — Coverage on private-credit funds notes recent outflows and investor caution; broad weakness in private credit could weigh on ARCC’s fundraising, portfolio valuations and investor sentiment. It’s Crunchtime for Private Credit
• Negative Sentiment: Bearish forecasts and recent price action — A pessimistic price outlook from Citizens Jmp and articles noting ARCC’s sharper-than-market drop earlier in the week underscore downside risk and continued investor caution. Citizens Jmp Issues Pessimistic Forecast Ares Capital (ARCC) Falls More Steeply Than Broader Market

Ares Capital Company Profile

Ares Capital Corporation (NASDAQ: ARCC) is a publicly traded business development company (BDC) that specializes in providing debt and equity financing solutions to U.S. middle-market companies. As a BDC, Ares Capital offers investors access to a diversified portfolio of tailored credit investments, including senior secured loans, unitranche financing, mezzanine debt and equity co-investments. The firm’s flexible capital structures are designed to support companies seeking growth capital, refinancing or strategic acquisitions.

Through its credit platform, Ares Capital focuses on originations, underwriting and portfolio management across a range of industries, with a particular emphasis on sectors such as healthcare, technology, industrials and business services.