Analysts Set Blue Owl Capital Inc. (NYSE:OWL) Price Target at $26.27

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

Several research firms have issued reports on OWL. Deutsche Bank Aktiengesellschaft increased their price objective on shares of Blue Owl Capital from $23.00 to $24.00 and gave the company a “buy” rating in a report on Friday, November 1st. TD Cowen raised shares of Blue Owl Capital from a “hold” rating to a “buy” rating and increased their price objective for the company from $26.00 to $28.00 in a report on Thursday, January 16th. Evercore ISI increased their price objective on shares of Blue Owl Capital from $25.00 to $26.00 and gave the company an “outperform” rating in a report on Friday, January 17th. Keefe, Bruyette & Woods raised their price target on shares of Blue Owl Capital from $22.00 to $26.00 and gave the stock a “market perform” rating in a research note on Friday, December 20th. Finally, UBS Group raised their price target on shares of Blue Owl Capital from $20.00 to $27.00 and gave the stock a “buy” rating in a research note on Tuesday, October 22nd.

Institutional Investors Weigh In On Blue Owl Capital

Several hedge funds and other institutional investors have recently bought and sold shares of OWL. Rakuten Securities Inc. acquired a new stake in shares of Blue Owl Capital during the fourth quarter valued at about $27,000. ORG Wealth Partners LLC acquired a new stake in shares of Blue Owl Capital during the third quarter valued at about $32,000. Allworth Financial LP increased its position in shares of Blue Owl Capital by 43.3% during the fourth quarter. Allworth Financial LP now owns 1,416 shares of the company’s stock valued at $36,000 after acquiring an additional 428 shares during the last quarter. Jones Financial Companies Lllp increased its position in shares of Blue Owl Capital by 232.7% during the fourth quarter. Jones Financial Companies Lllp now owns 1,880 shares of the company’s stock valued at $44,000 after acquiring an additional 1,315 shares during the last quarter. Finally, Versant Capital Management Inc increased its position in shares of Blue Owl Capital by 136.2% during the fourth quarter. Versant Capital Management Inc now owns 1,925 shares of the company’s stock valued at $45,000 after acquiring an additional 1,110 shares during the last quarter. 35.85% of the stock is currently owned by institutional investors and hedge funds.

Blue Owl Capital Stock Performance

Shares of NYSE OWL opened at $23.99 on Friday. The company’s fifty day moving average price is $24.08 and its 200 day moving average price is $21.56. 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 $35.82 billion, a PE ratio of 141.10, a price-to-earnings-growth 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 earnings per share (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%. On average, equities analysts expect that Blue Owl Capital will post 0.92 EPS for the current year.

Blue Owl Capital Announces Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Friday, February 28th. Investors of record on Wednesday, February 19th will be given a dividend of $0.18 per share. This represents a $0.72 annualized dividend and a yield of 3.00%. The ex-dividend date of this dividend is Wednesday, February 19th. Blue Owl Capital’s payout ratio is currently 423.55%.

About Blue Owl Capital

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.