Blue Owl Technology Finance (NYSE:OTF) Stock Price Target Lowered at Wells Fargo & Company

Blue Owl Technology Finance (NYSE:OTF) had its price objective trimmed by Wells Fargo & Company from $12.00 to $11.00 in a research note released on Friday morning,Benzinga reports. The firm currently has an overweight rating on the stock.

Several other research firms have also weighed in on OTF. Citigroup reaffirmed an “outperform” rating on shares of Blue Owl Technology Finance in a research note on Friday, August 7th. Royal Bank Of Canada reissued a “sector perform” rating and set a $12.00 price target on shares of Blue Owl Technology Finance in a research report on Monday, August 17th. Finally, Citizens Jmp raised their price target on shares of Blue Owl Technology Finance from $16.00 to $17.00 and gave the company a “market outperform” rating in a report on Friday, August 7th. Four research analysts have rated the stock with a Buy rating and three have assigned a Hold rating to the stock. According to MarketBeat, Blue Owl Technology Finance has an average rating of “Moderate Buy” and an average target price of $13.40.

Blue Owl Technology Finance Stock Down 0.4%

NYSE OTF traded down $0.03 during trading hours on Friday, hitting $9.50. 2,010,064 shares of the stock were exchanged, compared to its average volume of 2,309,051. The company has a market cap of $4.35 billion, a price-to-earnings ratio of 12.17 and a beta of -0.54. Blue Owl Technology Finance has a 12-month low of $8.76 and a 12-month high of $15.00. The stock has a 50-day moving average of $10.00 and a 200 day moving average of $11.05.

Blue Owl Technology Finance (NYSE:OTF) last posted its quarterly earnings results on Wednesday, November 4th. The company reported $0.29 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.32 by ($0.03). The company had revenue of $341.29 million for the quarter. Blue Owl Technology Finance had a net margin of 28.69% and a return on equity of 7.17%. During the same period last year, the firm posted $0.32 EPS. On average, equities research analysts expect that Blue Owl Technology Finance will post 1.25 earnings per share for the current year.

Blue Owl Technology Finance Announces Dividend

The company also recently declared a quarterly dividend, which will be paid on Friday, January 15th. Investors of record on Thursday, December 31st will be paid a $0.35 dividend. This represents a $1.40 dividend on an annualized basis and a yield of 14.7%. The ex-dividend date is Thursday, December 31st. Blue Owl Technology Finance’s dividend payout ratio (DPR) is 179.49%.

Institutional Trading of Blue Owl Technology Finance

Several hedge funds and other institutional investors have recently bought and sold shares of the company. California State Teachers Retirement System bought a new position in Blue Owl Technology Finance during the 1st quarter worth approximately $250,556,000. State of New Jersey Common Pension Fund A acquired a new stake in shares of Blue Owl Technology Finance during the third quarter worth $41,267,000. Rivernorth Capital Management LLC lifted its position in shares of Blue Owl Technology Finance by 12.5% in the 1st quarter. Rivernorth Capital Management LLC now owns 2,176,269 shares of the company’s stock worth $26,964,000 after buying an additional 241,543 shares during the last quarter. Requisite Capital Management LLC lifted its position in shares of Blue Owl Technology Finance by 50.8% in the 2nd quarter. Requisite Capital Management LLC now owns 1,885,709 shares of the company’s stock worth $20,267,000 after buying an additional 635,531 shares during the last quarter. Finally, Bank of America Corp DE boosted its holdings in shares of Blue Owl Technology Finance by 54.5% in the 1st quarter. Bank of America Corp DE now owns 1,098,349 shares of the company’s stock valued at $13,609,000 after buying an additional 387,404 shares during the period.

Blue Owl Technology Finance News Summary

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

• Positive Sentiment: Blue Owl declared a fourth-quarter base dividend of $0.35 per share, payable January 15, 2027. That equals $1.40 annualized and a roughly 14.2% yield at the cited share price, supporting the stock’s income appeal. Blue Owl declares fourth-quarter dividend
• Positive Sentiment: A Bloomberg headline said Blue Owl could see gains as election results limit AI-compute supply. If tighter supply supports demand for financing in the sector, that could benefit the company, though the headline provides limited detail specific to OTF. Bloomberg article on AI-compute supply
• Neutral Sentiment: Wells Fargo lowered its price target from $12 to $11 but kept an Overweight rating, indicating continued optimism alongside a more cautious valuation view. Wells Fargo rating information
• Neutral Sentiment: A separate report characterized analysts’ opinions on OTF as mixed, without providing specific recommendations in the available item. Analysts’ opinions are mixed
• Negative Sentiment: A securities class action was filed on behalf of former OTF II shareholders who received OTF shares in the March 2025 merger. The case concerns the merger’s registration statement and related offering materials; litigation adds uncertainty, though the notice does not establish wrongdoing. Class-action announcement
• Negative Sentiment: OTF reported third-quarter EPS of $0.29, below the $0.32 consensus and down from $0.32 a year earlier. The earnings shortfall may reinforce concerns about profitability. Q3 2026 earnings call summary

Blue Owl Technology Finance Company Profile

Blue Owl Technology Finance (NYSE: OTF) is a business development company that provides financing to technology-related businesses. The company primarily invests in senior secured loans and other debt investments, with a focus on companies operating in technology and technology-enabled industries.

Its portfolio may also include subordinated debt, equity investments and other securities, allowing it to support businesses at various stages of development. Blue Owl Technology Finance generally works with private, middle-market companies seeking capital for growth, acquisitions, recapitalizations and other corporate purposes.

The company is externally managed by an affiliate of Blue Owl Capital, an alternative asset manager.