150,467 Shares in Runway Growth Finance Corp. $RWAY Bought by Evanson Financial LLC

Evanson Financial LLC bought a new stake in shares of Runway Growth Finance Corp. (NASDAQ:RWAY) in the second quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The fund bought 150,467 shares of the company’s stock, valued at approximately $844,000.

Several other hedge funds also recently added to or reduced their stakes in the business. Key Capital Management INC acquired a new stake in Runway Growth Finance during the 4th quarter worth about $29,000. Kestra Advisory Services LLC acquired a new position in shares of Runway Growth Finance in the 4th quarter valued at about $42,000. Raymond James Financial Inc. acquired a new position in shares of Runway Growth Finance in the 2nd quarter valued at about $51,000. Osaic Holdings Inc. boosted its stake in shares of Runway Growth Finance by 92.6% in the second quarter. Osaic Holdings Inc. now owns 5,515 shares of the company’s stock worth $59,000 after buying an additional 2,651 shares during the last quarter. Finally, Tower Research Capital LLC TRC boosted its stake in shares of Runway Growth Finance by 74,437.5% in the second quarter. Tower Research Capital LLC TRC now owns 5,963 shares of the company’s stock worth $64,000 after buying an additional 5,955 shares during the last quarter. 64.61% of the stock is owned by hedge funds and other institutional investors.

Key Headlines Impacting Runway Growth Finance

Here are the key news stories impacting Runway Growth Finance this week:

• Positive Sentiment: BC Partners to buy up to 10% of the company: Runway outlined purchases of as much as 10% of its shares over two years while the stock trades below 70% of net asset value. The potential buying could provide price support and signals confidence in the company’s valuation. BC Partners purchase plan
• Positive Sentiment: Second-quarter results exceeded expectations: RWAY reported earnings of $0.43 per share versus the $0.29 analyst consensus, while revenue reached $37.03 million compared with estimates of $31.06 million. Earnings also increased from $0.38 per share a year earlier, although the company continued to report a negative net margin. Second-quarter 2026 results
• Positive Sentiment: High dividend remains attractive to income investors: The company declared a quarterly dividend of $0.33 per share, payable August 31 to shareholders of record August 17. The indicated annualized yield is approximately 22.1%, though investors will continue to monitor whether earnings and portfolio performance can sustain that payout. RWAY dividend announcement
• Neutral Sentiment: Leadership expanded: Runway Growth Capital appointed Michael Rovner as co-chief executive officer and co-chief investment officer alongside founder David Spreng. Rovner brings more than 30 years of experience in growth lending, private credit, and technology, potentially strengthening investment and operating leadership, but the immediate financial impact is uncertain. Michael Rovner appointment

Wall Street Analysts Forecast Growth

Several research firms recently commented on RWAY. Weiss Ratings lowered Runway Growth Finance from a “hold (c-)” rating to a “sell (d+)” rating in a report on Tuesday, June 16th. Bank of America downgraded Runway Growth Finance from a “neutral” rating to an “underperform” rating and decreased their price target for the company from $9.00 to $5.50 in a report on Monday, June 15th. Wall Street Zen upgraded Runway Growth Finance from a “sell” rating to a “hold” rating in a research report on Saturday. Zacks Research cut shares of Runway Growth Finance from a “hold” rating to a “strong sell” rating in a research note on Friday, July 10th. Finally, Wells Fargo & Company cut their target price on shares of Runway Growth Finance to $6.50 and set an “equal weight” rating for the company in a report on Thursday, May 14th. Two investment analysts have rated the stock with a Buy rating, three have issued a Hold rating and three have assigned a Sell rating to the company. According to MarketBeat, the company presently has an average rating of “Reduce” and an average price target of $8.20.

Runway Growth Finance Stock Performance

Shares of NASDAQ:RWAY opened at $6.84 on Friday. Runway Growth Finance Corp. has a 1 year low of $5.19 and a 1 year high of $11.20. The company has a debt-to-equity ratio of 1.01, a current ratio of 0.44 and a quick ratio of 0.44. The business’s 50 day moving average price is $5.68 and its 200-day moving average price is $6.83. The firm has a market capitalization of $290.49 million, a PE ratio of 62.19 and a beta of 0.66.

Runway Growth Finance (NASDAQ:RWAY) last released its quarterly earnings data on Thursday, August 6th. The company reported $0.43 EPS for the quarter, beating analysts’ consensus estimates of $0.29 by $0.14. Runway Growth Finance had a net margin of 5.82% and a return on equity of 11.93%. The company had revenue of $37.03 million during the quarter, compared to the consensus estimate of $31.06 million. As a group, equities research analysts expect that Runway Growth Finance Corp. will post 1.22 earnings per share for the current fiscal year.

Runway Growth Finance Dividend Announcement

The company also recently disclosed a quarterly dividend, which will be paid on Monday, August 31st. Investors of record on Monday, August 17th will be issued a $0.33 dividend. The ex-dividend date of this dividend is Monday, August 17th. This represents a $1.32 dividend on an annualized basis and a dividend yield of 19.3%. Runway Growth Finance’s dividend payout ratio is currently -1,466.67%.

Runway Growth Finance Company Profile

Runway Growth Finance, Inc is a publicly traded business development company that provides customized debt and equity financing solutions to high‐growth, venture‐backed companies. The firm specializes in structuring senior secured loans, unitranche facilities, second‐lien financings, convertible notes and equity co‐investments designed to extend the cash runway for late‐stage companies. Runway’s flexible capital offerings are aimed at supporting technology, life sciences and other innovation‐driven sectors as they pursue growth initiatives and prepare for liquidity events.

Originally launched in 2017 under the name Saratoga Investment Corp., the company rebranded as Runway Growth Finance in 2020 following the acquisition of an established middle‐market credit manager.