Blue Owl Capital (NYSE:OWL) Stock Price Expected to Rise, Piper Sandler Analyst Says

Blue Owl Capital (NYSE:OWL) had its target price lifted by research analysts at Piper Sandler from $25.00 to $27.00 in a note issued to investors on Monday,Benzinga reports. The brokerage currently has an “overweight” rating on the stock. Piper Sandler’s price target indicates a potential upside of 12.17% from the company’s previous close.

Other equities analysts also recently issued research reports about the company. UBS Group boosted their target price on Blue Owl Capital from $20.00 to $27.00 and gave the company a “buy” rating in a research report on Tuesday, October 22nd. Oppenheimer boosted their price objective on shares of Blue Owl Capital from $24.00 to $28.00 and gave the company an “outperform” rating in a research report on Thursday, December 12th. JMP Securities reissued a “market outperform” rating and issued a $27.00 price objective on shares of Blue Owl Capital in a research report on Wednesday, December 4th. Deutsche Bank Aktiengesellschaft raised their price objective on shares of Blue Owl Capital from $23.00 to $24.00 and gave the stock a “buy” rating in a research note on Friday, November 1st. Finally, Evercore ISI raised their price target on Blue Owl Capital from $21.00 to $22.00 and gave the stock an “outperform” rating in a research note on Tuesday, October 8th. Four research analysts have rated the stock with a hold rating and eight have issued a buy rating to the stock. According to MarketBeat, the stock has a consensus rating of “Moderate Buy” and a consensus target price of $23.73.

Blue Owl Capital Price Performance

NYSE:OWL opened at $24.07 on Monday. The company has a market cap of $35.95 billion, a price-to-earnings ratio of 141.60, a PEG ratio of 1.66 and a beta of 1.14. Blue Owl Capital has a 1 year low of $14.37 and a 1 year high of $25.03. The stock’s 50 day simple moving average is $23.28 and its two-hundred day simple moving average is $19.92.

Blue Owl Capital (NYSE:OWL) last released its quarterly earnings data on Thursday, October 31st. The company reported $0.20 EPS for the quarter, meeting the consensus estimate of $0.20. Blue Owl Capital had a net margin of 4.95% and a return on equity of 19.98%. The business had revenue of $600.88 million during the quarter, compared to analyst estimates of $565.93 million. During the same quarter last year, the business earned $0.16 earnings per share. As a group, analysts anticipate that Blue Owl Capital will post 0.78 EPS for the current year.

Institutional Inflows and Outflows

Several large investors have recently modified their holdings of the company. ORG Wealth Partners LLC acquired a new position in shares of Blue Owl Capital during the third quarter worth $32,000. Rothschild Investment LLC acquired a new position in Blue Owl Capital during the 2nd quarter valued at about $45,000. Wilmington Savings Fund Society FSB purchased a new stake in Blue Owl Capital in the third quarter valued at about $138,000. Signaturefd LLC boosted its holdings in Blue Owl Capital by 19.3% in the third quarter. Signaturefd LLC now owns 9,137 shares of the company’s stock worth $177,000 after acquiring an additional 1,476 shares in the last quarter. Finally, Chiron Investment Management LLC purchased a new stake in shares of Blue Owl Capital during the third quarter worth about $196,000. Institutional investors own 35.85% of the company’s stock.

Blue Owl Capital Company Profile

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.