Ares CapitalARCC
About: Ares Capital Corp is a United States-based closed-ended specialty finance company. Its investment objective is to generate both current income and capital appreciation through debt and equity investments. The company focuses on investing primarily in first lien senior secured loans (including unitranche loans, which are loans that combine both senior and subordinated debt, generally in a first lien position) and second lien senior secured loans. In addition to senior secured loans, the company also invests in subordinated loans and preferred equity, it also makes common equity investments.
Employees: 3,200
Fund manager confidence
Based on 2025 Q1 regulatory disclosures by fund managers ($100M+ AUM)
88% more repeat investments, than reductions
Existing positions increased: 365 | Existing positions reduced: 194
31% more first-time investments, than exits
New positions opened: 88 | Existing positions closed: 67
0.15% more ownership
Funds ownership: 30.79% [Q4 2024] → 30.93% (+0.15%) [Q1 2025]
0% more funds holding in top 10
Funds holding in top 10: 17 [Q4 2024] → 17 (+0) [Q1 2025]
1% less funds holding
Funds holding: 812 [Q4 2024] → 804 (-8) [Q1 2025]
9% less capital invested
Capital invested by funds: $5.17B [Q4 2024] → $4.69B (-$478M) [Q1 2025]
34% less call options, than puts
Call options by funds: $85.2M | Put options by funds: $130M
Research analyst outlook
5 Wall Street Analysts provided 1 year price targets over the past 3 months
5 analyst ratings
RBC Capital Kenneth Lee 57% 1-year accuracy 34 / 60 met price target | 5%upside $23 | Outperform Maintained | 6 May 2025 |
Wells Fargo Finian O'Shea 49% 1-year accuracy 29 / 59 met price target | 4%downside $21 | Overweight Maintained | 30 Apr 2025 |
JP Morgan Melissa Wedel 61% 1-year accuracy 11 / 18 met price target | 0%upside $22 | Overweight Maintained | 24 Apr 2025 |
UBS Doug Harter 100% 1-year accuracy 1 / 1 met price target | 4%downside $21 | Neutral Maintained | 17 Apr 2025 |
Keefe, Bruyette & Woods Paul Johnson 75% 1-year accuracy 12 / 16 met price target | 0%upside $22 | Outperform Maintained | 8 Apr 2025 |
Financial journalist opinion
Based on 50 articles about ARCC published over the past 30 days









