Blue Owl Capital Inc. (NYSE:OWL) Given Average Recommendation of “Moderate Buy” by Analysts

Blue Owl Capital Inc. (NYSE:OWL) has earned an average rating of “Moderate Buy” from the twelve analysts that are covering the stock, MarketBeat.com reports. Four equities research analysts have rated the stock with a hold recommendation and eight have given a buy recommendation to the company. The average 1 year target price among brokerages that have updated their coverage on the stock in the last year is $26.27.

A number of analysts recently issued reports on the company. Wells Fargo & Company lowered their target price on Blue Owl Capital from $25.00 to $24.00 and set an “equal weight” rating on the stock in a research report on Tuesday, January 14th. TD Cowen raised Blue Owl Capital from a “hold” rating to a “buy” rating and lifted their target price for the company from $26.00 to $28.00 in a research report on Thursday, January 16th. Deutsche Bank Aktiengesellschaft lifted their target price on Blue Owl Capital from $23.00 to $24.00 and gave the company a “buy” rating in a research report on Friday, November 1st. JMP Securities reaffirmed a “market outperform” rating and issued a $32.00 target price (up previously from $30.00) on shares of Blue Owl Capital in a research report on Friday, February 7th. Finally, The Goldman Sachs Group cut Blue Owl Capital from a “buy” rating to a “neutral” rating and reduced their price target for the stock from $25.00 to $24.75 in a report on Monday, January 6th.

Blue Owl Capital Price Performance

OWL opened at $23.33 on Friday. The business’s 50-day moving average price is $24.07 and its two-hundred day moving average price is $21.51. Blue Owl Capital has a 1 year low of $15.18 and a 1 year high of $26.73. The company has a market capitalization of $34.84 billion, a price-to-earnings ratio of 137.24, a P/E/G ratio of 1.34 and a beta of 1.15.

Blue Owl Capital (NYSE:OWL) last released its quarterly earnings results on Thursday, February 6th. The company reported $0.21 earnings per share (EPS) for the quarter, meeting the consensus estimate of $0.21. Blue Owl Capital had a return on equity of 20.82% and a net margin of 4.77%. Sell-side analysts anticipate that Blue Owl Capital will post 0.92 earnings per share for the current fiscal year.

Blue Owl Capital Announces Dividend

The business also recently declared a quarterly dividend, which will be paid on Friday, February 28th. Stockholders of record on Wednesday, February 19th will be issued a dividend of $0.18 per share. The ex-dividend date of this dividend is Wednesday, February 19th. This represents a $0.72 annualized dividend and a dividend yield of 3.09%. Blue Owl Capital’s dividend payout ratio (DPR) is presently 423.53%.

Institutional Trading of Blue Owl Capital

A number of institutional investors have recently bought and sold shares of the company. The Manufacturers Life Insurance Company raised its holdings in shares of Blue Owl Capital by 19.3% in the 2nd quarter. The Manufacturers Life Insurance Company now owns 99,866 shares of the company’s stock worth $1,773,000 after acquiring an additional 16,189 shares during the last quarter. Creative Planning grew its position in Blue Owl Capital by 25.2% in the second quarter. Creative Planning now owns 50,771 shares of the company’s stock worth $901,000 after acquiring an additional 10,224 shares in the last quarter. Sanctuary Advisors LLC bought a new stake in Blue Owl Capital in the second quarter worth $1,035,000. ORG Wealth Partners LLC bought a new position in shares of Blue Owl Capital during the third quarter valued at about $32,000. Finally, Affinity Wealth Management LLC raised its stake in Blue Owl Capital by 5.3% in the third quarter. Affinity Wealth Management LLC now owns 13,347 shares of the company’s stock worth $258,000 after buying an additional 675 shares in the last quarter. Institutional investors own 35.85% of the company’s stock.

Blue Owl Capital Company Profile

Blue Owl Capital Inc operates as an asset manager in the United States. The company offers permanent capital base solutions that enables it to offer holistic framework of capital solutions to middle market companies, large alternative asset managers, and corporate real estate owners and tenants. It also provides direct lending products that offer private credit products comprising diversified, technology, first lien, and opportunistic lending to middle-market companies; liquid credit; GP strategic capital products, which offers capital solutions, including GP minority stakes, GP debt financing, and professional sports minority stakes; and real estate products that focuses on acquiring triple net lease real estate by investment grade or creditworthy tenants.