Blue Owl Capital (NYSE:OWL) Stock Price Down 7.7% - What's Next?

Key Points

• Shares fell 7.7% intraday to about $12.39, with 4,217,429 shares traded (a ~65% drop from the average session volume), and the stock is trading below its 50‑day and 200‑day moving averages ($15.37 and $16.78).
• Analysts maintain a "Moderate Buy" consensus with a consensus price target of $20.78, though opinions vary — Barclays recently cut its target to $18 and ratings range from Strong Buy to Sell.
• Company insiders bought a total of 395,670 shares (~$5.95M) in the past three months and now own 27.2% of the stock, while institutional investors hold about 35.85%.

Blue Owl Capital Inc. (NYSE:OWL - Get Free Report) shares traded down 7.7% during mid-day trading on Tuesday . The stock traded as low as $12.54 and last traded at $12.3880. 4,217,429 shares changed hands during mid-day trading, a decline of 65% from the average session volume of 12,184,887 shares. The stock had previously closed at $13.42.

Wall Street Analyst Weigh In

A number of equities analysts have recently issued reports on the company. Barclays reduced their price target on Blue Owl Capital from $19.00 to $18.00 and set an "overweight" rating on the stock in a research report on Friday, January 9th. Weiss Ratings reissued a "hold (c)" rating on shares of Blue Owl Capital in a report on Wednesday, January 21st. Citigroup reaffirmed an "outperform" rating on shares of Blue Owl Capital in a research note on Tuesday, January 27th. TD Cowen restated a "buy" rating on shares of Blue Owl Capital in a research report on Wednesday, January 14th. Finally, The Goldman Sachs Group restated a "neutral" rating and issued a $16.25 price objective on shares of Blue Owl Capital in a report on Tuesday, January 6th. Two analysts have rated the stock with a Strong Buy rating, eight have issued a Buy rating, five have issued a Hold rating and one has assigned a Sell rating to the stock. According to MarketBeat, the stock presently has a consensus rating of "Moderate Buy" and a consensus price target of $20.78.

Blue Owl Capital Stock Down 11.5%

The company has a market cap of $18.52 billion, a price-to-earnings ratio of 198.78, a PEG ratio of 1.16 and a beta of 1.13. The business's fifty day simple moving average is $15.37 and its two-hundred day simple moving average is $16.78.

Insider Buying and Selling at Blue Owl Capital

In other Blue Owl Capital news, CFO Alan Kirshenbaum purchased 33,670 shares of the company's stock in a transaction on Monday, December 1st. The shares were purchased at an average cost of $14.87 per share, for a total transaction of $500,672.90. Following the completion of the transaction, the chief financial officer owned 33,670 shares in the company, valued at $500,672.90. The trade was a ∞ increase in their ownership of the stock. The purchase was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. Also, insider Craig Packer acquired 110,227 shares of the business's stock in a transaction that occurred on Tuesday, December 2nd. The shares were acquired at an average cost of $15.06 per share, for a total transaction of $1,660,018.62. Following the transaction, the insider owned 94,000 shares of the company's stock, valued at approximately $1,415,640. This represents a -679.28% increase in their position. The disclosure for this purchase is available in the SEC filing. In the last three months, insiders have purchased 395,670 shares of company stock worth $5,952,393. 27.20% of the stock is currently owned by insiders.

Institutional Investors Weigh In On Blue Owl Capital

A number of hedge funds and other institutional investors have recently modified their holdings of the company. Capital World Investors raised its holdings in Blue Owl Capital by 1.4% during the 3rd quarter. Capital World Investors now owns 85,216,556 shares of the company's stock valued at $1,442,725,000 after buying an additional 1,143,201 shares during the last quarter. Vanguard Group Inc. lifted its position 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 valued at $1,025,016,000 after purchasing an additional 691,980 shares during the period. Capital International Investors raised its stake in Blue Owl Capital by 3.5% during the 3rd quarter. Capital International Investors now owns 62,726,334 shares of the company's stock valued at $1,061,999,000 after buying an additional 2,141,873 shares during the last quarter. Bank of America Corp DE boosted its holdings in shares of Blue Owl Capital by 8.4% in the third quarter. Bank of America Corp DE now owns 22,563,953 shares of the company's stock worth $382,008,000 after buying an additional 1,751,024 shares during the last quarter. Finally, Boston Partners boosted its stake in Blue Owl Capital by 121.9% during the third quarter. Boston Partners now owns 12,153,776 shares of the company's stock worth $205,493,000 after buying an additional 6,677,610 shares during the period. Institutional investors and hedge funds own 35.85% of the company's stock.

Blue Owl Capital Company 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.

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