Blue Owl Capital (NYSE:OWL) Issues Quarterly Earnings Results, Beats Expectations By $0.02 EPS

Blue Owl Capital (NYSE:OWL) announced its quarterly earnings results on Thursday. The company reported $0.24 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.22 by $0.02, Zacks reports. Blue Owl Capital had a return on equity of 20.05% and a net margin of 1.89%.The firm had revenue of $701.47 million during the quarter, compared to the consensus estimate of $712.75 million.

Here are the key takeaways from Blue Owl Capital’s conference call:

• Blue Owl reported strong fundraising and AUM growth in 2025—$56 billion raised for the year (including >$17 billion in Q4) and the firm crossed $300 billion of AUM, with record institutional and private-wealth inflows.
• Investment performance was highlighted as a competitive advantage: net lease funds posted >13% gross returns (ORENT net ~11%), flagship net-lease IRR ~24% since inception, direct lending net return 8.7%, and low average annualized net realized losses of ~8 bps.
• Financials and capital return: FRE per share was $0.27 in Q4 and $0.96 for 2025, FRE margin came in at 58.3% (slightly above guidance), management declared a 2026 annual dividend of $0.92 and signaled modest margin and FRE-per-share growth in 2026–2027.
• Management stressed credit resilience—tech loans show strong revenue/EBITDA growth (cumulative ~40%/50% since Nov 2022), software exposure is ~8% of AUM, and they report no material uptick in distress metrics, though these are company-provided assessments.
• Wealth-channel headwinds persisted for some non-traded BDCs with slower flows and elevated redemptions in Q4 (management says all tender requests were met), and one product (OTIC) remains concentrated in Asia, signaling near-term liquidity and sentiment risks in parts of the retail lineup.

Blue Owl Capital Price Performance

Shares of OWL stock traded down $0.47 during mid-day trading on Thursday, hitting $11.60. The stock had a trading volume of 68,420,650 shares, compared to its average volume of 19,030,115. Blue Owl Capital has a fifty-two week low of $10.88 and a fifty-two week high of $25.89. The company’s 50-day simple moving average is $15.27 and its 200-day simple moving average is $16.69. The firm has a market cap of $18.08 billion, a PE ratio of 193.28, a PEG ratio of 1.03 and a beta of 1.11.

Insider Activity

In other Blue Owl Capital news, CEO Marc S. Lipschultz bought 69,663 shares of the company’s stock in a transaction on Tuesday, December 2nd. The shares were bought at an average price of $15.06 per share, for a total transaction of $1,049,124.78. Following the transaction, the chief executive officer owned 79,000 shares of the company’s stock, valued at approximately $1,189,740. This trade represents a 746.10% increase in their position. The transaction was disclosed in a legal filing with the SEC, which is accessible through this link. Also, CEO Douglas I. Ostrover purchased 139,327 shares of the firm’s stock in a transaction that occurred on Tuesday, December 2nd. The stock was acquired at an average price of $15.06 per share, for a total transaction of $2,098,264.62. Following the completion of the purchase, the chief executive officer owned 158,000 shares of the company’s stock, valued at approximately $2,379,480. This represents a 746.14% increase in their ownership of the stock. The SEC filing for this purchase provides additional information. Insiders have bought 395,670 shares of company stock worth $5,952,393 in the last three months. 27.20% of the stock is currently owned by company insiders.

Institutional Inflows and Outflows

A number of hedge funds have recently added to or reduced their stakes in the stock. Headlands Technologies LLC acquired a new stake in shares of Blue Owl Capital in the second quarter worth approximately $51,000. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. boosted its holdings in shares of Blue Owl Capital by 248.7% in the 2nd quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 4,680 shares of the company’s stock valued at $90,000 after purchasing an additional 3,338 shares during the last quarter. State of Wyoming grew its stake in shares of Blue Owl Capital by 108.7% during the 2nd quarter. State of Wyoming now owns 5,675 shares of the company’s stock valued at $109,000 after buying an additional 2,956 shares during the period. Pin Oak Investment Advisors Inc. acquired a new stake in shares of Blue Owl Capital during the 3rd quarter worth $97,000. Finally, Abel Hall LLC purchased a new position in shares of Blue Owl Capital in the 3rd quarter worth $180,000. 35.85% of the stock is owned by hedge funds and other institutional investors.

Key Stories Impacting Blue Owl Capital

Here are the key news stories impacting Blue Owl Capital this week:

• Positive Sentiment: Q4 EPS beat and operating highlights — Blue Owl reported $0.24 EPS (above consensus) and emphasized record fundraising and global expansion, supporting fee income outlook. Q4 2025 Earnings Call Transcript
• Positive Sentiment: Large commercial lending deal — Blue Owl provided a $335M loan to the Amazon-anchored Wynwood Plaza, demonstrating continued originations and fee-generating activity in real estate credit. Amazon-Leased Wynwood Plaza Lands $335M Refi From Blue Owl
• Neutral Sentiment: Revenue slightly below expectations — Q4 revenue of $701.5M missed the consensus (~$712.8M), tempering the upside from the EPS beat and suggesting fee/realization timing issues. Compared to Estimates, Blue Owl Capital (OWL) Q4 Earnings
• Neutral Sentiment: Investor materials available — Press release, slide deck and call transcript provide detail on fundraising, performance fees and portfolio highlights for modeling near-term cashflows. Fourth Quarter 2025 Results (PR Newswire)
• Negative Sentiment: Large put buying and volatile options flow — Traders purchased ~94,485 puts (a ~240% increase versus typical put volume), following recent heavy call activity; this skew suggests traders are positioning for downside or hedging, increasing short-term selling pressure.
• Negative Sentiment: Redemption and sentiment concerns persist — Analysts and coverage pieces flagged redemption risks and the stock’s ~49% one‑year decline, reigniting investor caution about fee visibility and AUM stability. Blue Owl Capital earnings on deck amid redemption concerns Reassessing Blue Owl After A 49% One-Year Slide
• Negative Sentiment: Controversial asset sale headlines — Coverage that a Blue Owl fund sold a warehouse to DHS (reported sale connected to ICE detention use) creates reputational and political risk that could pressure sentiment with some investors. Blue Owl Fund sells warehouse to DHS for ICE ‘mega’ jail
• Negative Sentiment: Elevated trading volume and price action — Intraday volume is several times the average, signaling active repositioning and higher near-term volatility as the market digests these mixed signals.

Wall Street Analyst Weigh In

OWL has been the subject of a number of research reports. Zacks Research cut shares of Blue Owl Capital from a “hold” rating to a “strong sell” rating in a research report on Tuesday, January 27th. Barclays dropped their price target on Blue Owl Capital from $19.00 to $18.00 and set an “overweight” rating on the stock in a research note on Friday, January 9th. Wolfe Research set a $20.00 price objective on Blue Owl Capital in a research note on Wednesday, January 7th. TD Cowen reissued a “buy” rating on shares of Blue Owl Capital in a report on Wednesday, January 14th. Finally, JPMorgan Chase & Co. lifted their target price on shares of Blue Owl Capital from $21.50 to $22.00 and gave the company a “neutral” rating in a report on Wednesday, October 29th. Two research analysts have rated the stock with a Strong Buy rating, eight have assigned a Buy rating, five have given a Hold rating and one has given a Sell rating to the company’s stock. According to data from MarketBeat.com, Blue Owl Capital currently has a consensus rating of “Moderate Buy” and a consensus price target of $20.78.

About Blue Owl Capital

Blue Owl Capital is a global alternative asset manager that focuses on private credit, direct lending and equity-related strategies for institutional investors. Headquartered in New York, the firm develops and manages a range of private markets products designed to provide capital solutions to middle-market and larger corporate borrowers, as well as liquidity and partnership arrangements with private equity firms and other alternative managers.

Its core activities include direct lending and credit strategies that provide senior, unitranche and other structured loan products to companies across industries.