Blue Owl Capital Inc. $OWL Shares Purchased by Partners Group Holding AG

Partners Group Holding AG increased its stake in shares of Blue Owl Capital Inc. (NYSE:OWL) by 99.4% during the 2nd quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 1,790,863 shares of the company’s stock after acquiring an additional 892,582 shares during the period. Blue Owl Capital comprises 1.6% of Partners Group Holding AG’s holdings, making the stock its 21st largest position. Partners Group Holding AG’s holdings in Blue Owl Capital were worth $34,402,000 as of its most recent filing with the Securities & Exchange Commission.

Several other hedge funds and other institutional investors have also recently bought and sold shares of OWL. Vanguard Group Inc. grew its holdings in Blue Owl Capital by 13.5% during the first quarter. Vanguard Group Inc. now owns 60,412,887 shares of the company’s stock worth $1,210,674,000 after acquiring an additional 7,206,495 shares during the period. Ceredex Value Advisors LLC grew its holdings in Blue Owl Capital by 167.1% during the first quarter. Ceredex Value Advisors LLC now owns 3,259,655 shares of the company’s stock worth $65,323,000 after acquiring an additional 2,039,355 shares during the period. Select Equity Group L.P. acquired a new stake in Blue Owl Capital during the first quarter worth about $38,810,000. HMI Capital Management L.P. acquired a new stake in Blue Owl Capital during the first quarter worth about $30,343,000. Finally, Vaughan Nelson Investment Management L.P. grew its holdings in Blue Owl Capital by 513.1% during the second quarter. Vaughan Nelson Investment Management L.P. now owns 1,576,490 shares of the company’s stock worth $30,284,000 after acquiring an additional 1,319,350 shares during the period. 35.85% of the stock is owned by institutional investors and hedge funds.

Analyst Upgrades and Downgrades

Several analysts recently commented on OWL shares. Piper Sandler dropped their target price on Blue Owl Capital from $23.50 to $22.00 and set an “overweight” rating on the stock in a report on Thursday, October 9th. Citigroup reaffirmed a “market outperform” rating on shares of Blue Owl Capital in a report on Tuesday, October 21st. JPMorgan Chase & Co. raised their price objective on Blue Owl Capital from $21.50 to $22.00 and gave the company a “neutral” rating in a report on Wednesday, October 29th. Raymond James Financial initiated coverage on Blue Owl Capital in a report on Monday, July 28th. They issued a “market perform” rating on the stock. Finally, Evercore ISI dropped their price objective on Blue Owl Capital from $21.00 to $19.00 and set an “outperform” rating on the stock in a report on Friday. One investment analyst has rated the stock with a Strong Buy rating, ten have given a Buy rating and five have issued a Hold rating to the stock. According to data from MarketBeat, the stock currently has a consensus rating of “Moderate Buy” and an average price target of $22.00.

Blue Owl Capital Trading Up 2.5%

Shares of OWL opened at $16.17 on Tuesday. Blue Owl Capital Inc. has a 12 month low of $14.55 and a 12 month high of $26.73. The stock’s 50 day moving average is $17.36 and its two-hundred day moving average is $18.45. The firm has a market cap of $25.06 billion, a P/E ratio of 269.58, a PEG ratio of 1.13 and a beta of 1.13.

Blue Owl Capital (NYSE:OWL) last issued its quarterly earnings data on Thursday, October 30th. The company reported $0.22 EPS for the quarter, meeting the consensus estimate of $0.22. Blue Owl Capital had a return on equity of 20.03% and a net margin of 1.89%.The company had revenue of $727.99 million for the quarter, compared to analyst estimates of $685.95 million. Equities research analysts forecast that Blue Owl Capital Inc. will post 0.92 EPS for the current year.

Blue Owl Capital Dividend Announcement

The company also recently announced a quarterly dividend, which will be paid on Monday, November 24th. Stockholders of record on Monday, November 10th will be given a $0.225 dividend. This represents a $0.90 annualized dividend and a dividend yield of 5.6%. The ex-dividend date is Monday, November 10th. Blue Owl Capital’s dividend payout ratio (DPR) is 1,500.00%.

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.