Blue Owl Capital Inc. (NYSE:OWL) Receives $26.27 Consensus PT from Analysts

Shares of Blue Owl Capital Inc. (NYSE:OWL) have been given an average rating of “Moderate Buy” by the twelve ratings firms that are currently covering the stock, MarketBeat.com reports. Four analysts have rated the stock with a hold rating and eight have assigned a buy rating to the company. The average 1 year price target among brokers that have issued a report on the stock in the last year is $26.27.

Several research firms have recently commented on OWL. Deutsche Bank Aktiengesellschaft raised their price objective on shares of Blue Owl Capital from $23.00 to $24.00 and gave the company a “buy” rating in a research note on Friday, November 1st. Wells Fargo & Company lowered their price objective on shares of Blue Owl Capital from $25.00 to $24.00 and set an “equal weight” rating for the company in a research note on Tuesday, January 14th. Citigroup reiterated a “buy” rating and issued a $30.00 price target on shares of Blue Owl Capital in a research note on Thursday, January 23rd. TD Cowen upgraded shares of Blue Owl Capital from a “hold” rating to a “buy” rating and lifted their price target for the stock from $26.00 to $28.00 in a research note on Thursday, January 16th. Finally, The Goldman Sachs Group downgraded shares of Blue Owl Capital from a “buy” rating to a “neutral” rating and decreased their price target for the stock from $25.00 to $24.75 in a research note on Monday, January 6th.

Blue Owl Capital Stock Performance

NYSE OWL opened at $23.99 on Friday. The firm has a 50 day simple moving average of $24.08 and a 200-day simple moving average of $21.56. Blue Owl Capital has a one year low of $15.18 and a one year high of $26.73. The firm has a market cap of $35.82 billion, a price-to-earnings ratio of 141.10, a PEG ratio of 1.34 and a beta of 1.15.

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

Blue Owl Capital Announces Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Friday, February 28th. Stockholders of record on Wednesday, February 19th will be given 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 3.00%. Blue Owl Capital’s dividend payout ratio is presently 423.55%.

Institutional Trading of Blue Owl Capital

Several institutional investors have recently modified their holdings of the stock. Mercer Global Advisors Inc. ADV increased its holdings in shares of Blue Owl Capital by 127.8% in the 4th quarter. Mercer Global Advisors Inc. ADV now owns 26,459 shares of the company’s stock valued at $615,000 after acquiring an additional 14,846 shares during the period. Itau Unibanco Holding S.A. acquired a new position in shares of Blue Owl Capital in the 4th quarter valued at $948,000. Freestone Grove Partners LP acquired a new position in shares of Blue Owl Capital in the 4th quarter valued at $14,147,000. Talon Private Wealth LLC acquired a new position in shares of Blue Owl Capital in the 4th quarter valued at $465,000. Finally, Utah Retirement Systems increased its holdings in shares of Blue Owl Capital by 3.3% in the 4th quarter. Utah Retirement Systems now owns 27,900 shares of the company’s stock valued at $649,000 after acquiring an additional 900 shares during the period. Hedge funds and other 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.