109,569 Blue Owl Capital Inc. $OWL Shares Acquired by Leeward Investments LLC MA

Key Points

• Leeward Investments increased its Blue Owl Capital stake by 20.9% in the third quarter, acquiring 109,569 shares and bringing its holdings to 634,941 shares valued at approximately $5.77 million.
• Other institutional investors also added to their positions, with institutional ownership reaching 35.85% of Blue Owl Capital’s outstanding stock.
• Analysts maintain a generally positive outlook, with the stock carrying a “Moderate Buy” consensus rating and an average price target of $13.33, compared with a recent price of $9.31.

Leeward Investments LLC MA increased its stake in shares of Blue Owl Capital Inc. (NYSE:OWL - Free Report) by 20.9% during the third quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 634,941 shares of the company's stock after buying an additional 109,569 shares during the quarter. Leeward Investments LLC MA's holdings in Blue Owl Capital were worth $5,772,000 at the end of the most recent reporting period.

Other hedge funds have also recently added to or reduced their stakes in the company. Signaturefd LLC lifted its position in shares of Blue Owl Capital by 31.0% during the 3rd quarter. Signaturefd LLC now owns 42,327 shares of the company's stock valued at $385,000 after acquiring an additional 10,008 shares during the period. Citizens Financial Group Inc. RI grew its holdings in shares of Blue Owl Capital by 11.1% during the 3rd quarter. Citizens Financial Group Inc. RI now owns 30,401 shares of the company's stock worth $276,000 after purchasing an additional 3,033 shares in the last quarter. Simplicity Wealth LLC grew its holdings in shares of Blue Owl Capital by 17.4% during the 3rd quarter. Simplicity Wealth LLC now owns 145,211 shares of the company's stock worth $1,320,000 after purchasing an additional 21,536 shares in the last quarter. Fifth Third Wealth Advisors LLC acquired a new stake in shares of Blue Owl Capital during the 3rd quarter worth $219,000. Finally, Inspire Investing LLC increased its position in shares of Blue Owl Capital by 10.3% in the third quarter. Inspire Investing LLC now owns 97,227 shares of the company's stock worth $884,000 after purchasing an additional 9,119 shares during the period. Institutional investors own 35.85% of the company's stock.

Analyst Ratings Changes

Several research firms recently weighed in on OWL. BMO Capital Markets upped their price objective on shares of Blue Owl Capital from $11.00 to $12.00 and gave the stock an "outperform" rating in a research report on Monday, August 3rd. The Goldman Sachs Group raised their target price on shares of Blue Owl Capital from $9.50 to $10.50 and gave the company a "neutral" rating in a report on Monday, August 3rd. Capital One Financial set a $12.00 price target on shares of Blue Owl Capital in a report on Monday, August 3rd. Credit Suisse Group set a $9.10 price target on shares of Blue Owl Capital in a report on Thursday, July 2nd. Finally, Citigroup reiterated a "market outperform" rating on shares of Blue Owl Capital in a research report on Thursday, September 24th. One analyst has rated the stock with a Strong Buy rating, seven have issued a Buy rating and nine have issued a Hold rating to the company's stock. According to MarketBeat.com, the stock has an average rating of "Moderate Buy" and an average price target of $13.33.

Blue Owl Capital Stock Down 0.5%

NYSE:OWL opened at $9.31 on Tuesday. Blue Owl Capital Inc. has a twelve month low of $7.95 and a twelve month high of $17.17. The stock's 50-day simple moving average is $10.22 and its 200 day simple moving average is $10.48. The firm has a market capitalization of $14.52 billion, a PE ratio of 77.63, a price-to-earnings-growth ratio of 1.14 and a beta of 1.35.

Blue Owl Capital (NYSE:OWL - Get Free Report) last issued its earnings results on Thursday, July 30th. The company reported $0.22 EPS for the quarter, hitting the consensus estimate of $0.22. The firm had revenue of $693.56 million during the quarter, compared to the consensus estimate of $693.15 million. Blue Owl Capital had a return on equity of 23.14% and a net margin of 2.71%. On average, analysts anticipate that Blue Owl Capital Inc. will post 0.88 EPS for the current fiscal year.

Blue Owl Capital Company Profile

Blue Owl Capital Inc NYSE: OWL is an alternative asset manager that provides private-market investment solutions to institutional investors, financial professionals, and other clients. The company focuses on strategies designed to deliver income, long-term capital appreciation, and customized exposure to private markets.

Blue Owl operates across three primary platforms: Credit, GP Strategic Capital, and Real Estate. Its credit business provides private financing to companies, including direct lending and other asset-backed and specialty finance strategies.

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