Empowered Funds LLC Has $5.08 Million Stock Position in Blue Owl Capital Inc. $OWL

Empowered Funds LLC lifted its stake in shares of Blue Owl Capital Inc. (NYSE:OWL) by 152.5% during the first quarter, HoldingsChannel reports. The firm owned 556,266 shares of the company’s stock after acquiring an additional 335,972 shares during the quarter. Empowered Funds LLC’s holdings in Blue Owl Capital were worth $5,079,000 as of its most recent SEC filing.

Several other large investors also recently made changes to their positions in the stock. Capital World Investors grew its stake in shares of Blue Owl Capital by 5.9% in the fourth quarter. Capital World Investors now owns 90,245,690 shares of the company’s stock valued at $1,348,272,000 after buying an additional 5,029,134 shares in the last quarter. Vanguard Group Inc. increased its holdings in Blue Owl Capital by 1.0% during the fourth quarter. Vanguard Group Inc. now owns 68,608,868 shares of the company’s stock worth $1,025,016,000 after buying an additional 691,980 shares during the last quarter. Capital International Investors raised its position in Blue Owl Capital by 4.3% during the fourth quarter. Capital International Investors now owns 65,402,615 shares of the company’s stock worth $977,118,000 after acquiring an additional 2,676,281 shares in the last quarter. Bank of America Corp DE raised its position in Blue Owl Capital by 8.4% during the third quarter. Bank of America Corp DE now owns 22,563,953 shares of the company’s stock worth $382,008,000 after acquiring an additional 1,751,024 shares in the last quarter. Finally, Boston Partners lifted its stake in Blue Owl Capital by 16.2% in the fourth quarter. Boston Partners now owns 14,123,877 shares of the company’s stock valued at $211,270,000 after acquiring an additional 1,970,101 shares during the last quarter. Institutional investors and hedge funds own 35.85% of the company’s stock.

Wall Street Analyst Weigh In

OWL has been the subject of a number of analyst reports. Credit Suisse Group set a $9.10 price objective on shares of Blue Owl Capital in a research report on Thursday, July 2nd. Keefe, Bruyette & Woods raised shares of Blue Owl Capital to a “hold” rating in a report on Monday, July 20th. Citizens Jmp cut their target price on shares of Blue Owl Capital from $21.00 to $17.00 and set a “market outperform” rating for the company in a research note on Thursday, July 9th. UBS Group reiterated a “neutral” rating and issued a $9.50 target price on shares of Blue Owl Capital in a research note on Thursday, June 11th. Finally, JPMorgan Chase & Co. reduced their price target on Blue Owl Capital from $19.00 to $10.50 and set a “neutral” rating for the company in a report on Wednesday, April 29th. One research analyst has rated the stock with a Strong Buy rating, seven have given a Buy rating and eight have issued a Hold rating to the stock. According to MarketBeat.com, the company has an average rating of “Moderate Buy” and a consensus target price of $13.22.

Blue Owl Capital News Summary

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

• Positive Sentiment: Q2 results met expectations and growth remained solid. Blue Owl reported adjusted earnings of $0.22 per share, in line with consensus, while revenue of $693.6 million slightly exceeded estimates and increased about 7% year over year. Assets under management rose 12% to approximately $319 billion, supported by fundraising and investment performance. OWL Q2 Earnings Meet Estimates on Revenue and AUM Growth
• Positive Sentiment: Business diversification is helping offset weakness in private credit. Real assets fundraising surpassed credit fundraising during the quarter, while data-center and artificial-intelligence-related financing provided additional growth opportunities. Management also said withdrawals from lending vehicles eased. Blue Owl Leans Into Real Assets to Buffer Private-Credit Woes
• Positive Sentiment: The dividend supports income-oriented investors. Blue Owl declared a quarterly dividend of $0.23 per share, equivalent to an annualized yield of roughly 9% at the referenced share price. The dividend is payable August 27 to shareholders of record August 13. Blue Owl Capital Second-Quarter Earnings and Assets Under Management
• Neutral Sentiment: Barclays raised its price target but retained an Equal Weight rating. The target increased from $9 to $10, indicating limited expected upside based on the referenced trading level. Benzinga analyst update
• Negative Sentiment: Fundraising momentum in private credit weakened. Reports indicated fundraising fell 37% and credit strategies experienced outflows, highlighting pressure in Blue Owl’s core lending business despite stronger results elsewhere. Blue Owl’s Private Credit Fundraising Falls
• Negative Sentiment: Analysts continue to flag dividend coverage and valuation risks, including potential NAV pressure and the possibility of future reductions in distributions across Blue Owl’s credit ecosystem. Blue Owl Capital Rating Downgrade

Blue Owl Capital Trading Up 1.7%

OWL opened at $10.33 on Friday. The stock’s fifty day simple moving average is $9.50 and its 200 day simple moving average is $10.39. Blue Owl Capital Inc. has a 1-year low of $7.95 and a 1-year high of $20.58. The stock has a market cap of $16.06 billion, a PE ratio of 86.09, a price-to-earnings-growth ratio of 1.11 and a beta of 1.22.

Blue Owl Capital (NYSE:OWL) last released its quarterly earnings data on Thursday, July 30th. The company reported $0.22 EPS for the quarter, hitting analysts’ consensus estimates of $0.22. Blue Owl Capital had a net margin of 2.71% and a return on equity of 22.76%. The firm had revenue of $693.56 million during the quarter, compared to analysts’ expectations of $693.15 million. Equities analysts forecast that Blue Owl Capital Inc. will post 0.87 earnings per share for the current year.

Blue Owl Capital Dividend Announcement

The business also recently announced a quarterly dividend, which will be paid on Thursday, August 27th. Stockholders of record on Thursday, August 13th will be paid a dividend of $0.23 per share. This represents a $0.92 dividend on an annualized basis and a dividend yield of 8.9%. The ex-dividend date is Thursday, August 13th. Blue Owl Capital’s dividend payout ratio (DPR) is currently 766.67%.

Blue Owl Capital Profile

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.