Border to Coast Pensions Partnership Ltd Acquires 100,000 Shares of Ares Capital Corporation $ARCC

Border to Coast Pensions Partnership Ltd grew its stake in shares of Ares Capital Corporation (NASDAQ:ARCC) by 5.3% in the 3rd quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 2,000,000 shares of the investment management company’s stock after acquiring an additional 100,000 shares during the period. Border to Coast Pensions Partnership Ltd’s holdings in Ares Capital were worth $40,820,000 at the end of the most recent quarter.

Other institutional investors and hedge funds also recently made changes to their positions in the company. AQR Capital Management LLC boosted its stake in Ares Capital by 6.5% in the 1st quarter. AQR Capital Management LLC now owns 16,502 shares of the investment management company’s stock valued at $365,000 after purchasing an additional 1,000 shares during the period. Dynamic Technology Lab Private Ltd acquired a new position in shares of Ares Capital during the 1st quarter worth approximately $273,000. Goldman Sachs Group Inc. increased its holdings in shares of Ares Capital by 14.5% during the first quarter. Goldman Sachs Group Inc. now owns 2,835,007 shares of the investment management company’s stock worth $62,824,000 after purchasing an additional 358,829 shares during the period. Empowered Funds LLC raised its position in shares of Ares Capital by 139.9% in the first quarter. Empowered Funds LLC now owns 27,655 shares of the investment management company’s stock valued at $613,000 after buying an additional 16,128 shares in the last quarter. Finally, UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC acquired a new stake in shares of Ares Capital in the first quarter valued at approximately $14,766,000. Institutional investors and hedge funds own 27.38% of the company’s stock.

Wall Street Analyst Weigh In

A number of research firms have commented on ARCC. Royal Bank Of Canada lowered their price objective on Ares Capital from $24.00 to $23.00 and set an “outperform” rating on the stock in a research note on Wednesday, October 29th. Wall Street Zen upgraded Ares Capital from a “sell” rating to a “hold” rating in a research report on Sunday, October 19th. Wells Fargo & Company dropped their price target on Ares Capital from $23.00 to $21.00 and set an “overweight” rating for the company in a research note on Wednesday, October 29th. UBS Group cut their price objective on shares of Ares Capital from $22.50 to $21.00 and set a “neutral” rating for the company in a research report on Tuesday, October 14th. Finally, Capital One Financial set a $22.50 target price on Ares Capital in a research note on Friday, October 10th. Seven equities research analysts have rated the stock with a Buy rating and three have issued a Hold rating to the company. Based on data from MarketBeat, Ares Capital currently has an average rating of “Moderate Buy” and an average price target of $22.25.

Ares Capital Stock Performance

NASDAQ:ARCC opened at $19.56 on Thursday. The stock’s 50-day moving average is $20.44 and its 200-day moving average is $20.93. Ares Capital Corporation has a 1-year low of $18.26 and a 1-year high of $23.63. The company has a current ratio of 2.20, a quick ratio of 2.20 and a debt-to-equity ratio of 1.09. The stock has a market cap of $14.00 billion, a P/E ratio of 9.78 and a beta of 0.59.

Ares Capital (NASDAQ:ARCC) last issued its quarterly earnings data on Wednesday, February 4th. The investment management company reported $0.50 earnings per share (EPS) for the quarter, meeting analysts’ consensus estimates of $0.50. Ares Capital had a net margin of 45.16% and a return on equity of 10.08%. The business had revenue of $793.00 million during the quarter, compared to analyst estimates of $795.20 million. During the same quarter last year, the business earned $0.55 EPS. The firm’s quarterly revenue was up 4.5% on a year-over-year basis. Equities research analysts anticipate that Ares Capital Corporation will post 2.19 earnings per share for the current year.

Ares Capital Dividend Announcement

The firm also recently declared a quarterly dividend, which will be paid on Tuesday, March 31st. Stockholders of record on Friday, March 13th will be issued a dividend of $0.48 per share. This represents a $1.92 dividend on an annualized basis and a dividend yield of 9.8%. The ex-dividend date is Friday, March 13th. Ares Capital’s payout ratio is 96.00%.

More Ares Capital News

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

• Positive Sentiment: Management reported record originations of $15.8 billion in 2025 and emphasized dividend stability, signaling strong deal flow and capital deployment that support future earnings and distributions. Ares Capital signals record $15.8B originations in 2025 while maintaining dividend stability
• Positive Sentiment: The board declared a quarterly dividend of $0.48/share (annualized yield ~9.8%) and reiterated distribution stability — a key support for investor income expectations. Press Release / Slide Deck
• Positive Sentiment: Management highlighted strong portfolio performance and increased investment exit activity on the Q4 call, which supports realized gains and liquidity. Q4 Earnings Call Highlights
• Neutral Sentiment: Reported Q4 EPS of $0.50 matched consensus — meeting expectations removes an earnings surprise risk but limited upside from beat. Earnings Release / Transcript
• Neutral Sentiment: Ares BDC (the related BDC) said its software loan book remains healthy despite AI‑sector concerns, easing targeted credit‑risk worries in that segment. Ares BDC says software loan book remains healthy amid AI fears
• Negative Sentiment: Revenue of $793M narrowly missed consensus (~$795M) and EPS declined versus prior year ($0.55 → $0.50), highlighting modest headwinds to net investment income and compression versus last year. Q4 results in line; revenue narrowly below consensus
• Negative Sentiment: Pre‑earnings commentary had warned net investment income (NII) and dividend pressure; while management maintained the payout, investors may still be cautious about sustainability if NII trends weaken. Earnings preview: NII, dividend under pressure

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.