Citizens Jmp Has Lowered Expectations for Blue Owl Capital (NYSE:OWL) Stock Price

Blue Owl Capital (NYSE:OWL) had its target price lowered by analysts at Citizens Jmp from $21.00 to $17.00 in a research report issued on Thursday,Benzinga reports. The firm presently has a “market outperform” rating on the stock. Citizens Jmp’s price target suggests a potential upside of 83.03% from the stock’s current price.

A number of other research firms have also recently commented on OWL. TD Cowen reiterated a “buy” rating and issued a $14.00 price objective on shares of Blue Owl Capital in a report on Monday, May 18th. Citigroup reissued a “market outperform” rating on shares of Blue Owl Capital in a research note on Thursday. JPMorgan Chase & Co. reduced their target price on Blue Owl Capital from $19.00 to $10.50 and set a “neutral” rating on the stock in a research report on Wednesday, April 29th. The Goldman Sachs Group decreased their price target on Blue Owl Capital from $14.00 to $9.00 and set a “neutral” rating on the stock in a research note on Tuesday, April 7th. Finally, Weiss Ratings reiterated a “hold (c-)” rating on shares of Blue Owl Capital in a report on Thursday, June 18th. One analyst has rated the stock with a Strong Buy rating, seven have issued a Buy rating and seven have issued a Hold rating to the stock. Based on data from MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and an average target price of $13.37.

Blue Owl Capital Price Performance

Shares of OWL stock opened at $9.29 on Thursday. The company has a market capitalization of $14.44 billion, a PE ratio of 77.04, a price-to-earnings-growth ratio of 0.99 and a beta of 1.22. The firm’s 50-day moving average is $9.61 and its two-hundred day moving average is $11.06. Blue Owl Capital has a 12 month low of $7.95 and a 12 month high of $21.08.

Blue Owl Capital (NYSE:OWL) last posted its quarterly earnings results on Thursday, April 30th. The company reported $0.19 earnings per share for the quarter, meeting the consensus estimate of $0.19. The business had revenue of $699.88 million during the quarter, compared to analysts’ expectations of $687.23 million. Blue Owl Capital had a net margin of 2.96% and a return on equity of 21.97%. Sell-side analysts forecast that Blue Owl Capital will post 0.88 EPS for the current year.

Institutional Investors Weigh In On Blue Owl Capital

Institutional investors have recently modified their holdings of the company. 180 Wealth Advisors LLC raised its holdings in shares of Blue Owl Capital by 36.7% in the 2nd quarter. 180 Wealth Advisors LLC now owns 25,211 shares of the company’s stock valued at $221,000 after buying an additional 6,765 shares during the period. Avior Wealth Management LLC boosted its holdings in Blue Owl Capital by 6.3% during the 2nd quarter. Avior Wealth Management LLC now owns 34,142 shares of the company’s stock valued at $299,000 after acquiring an additional 2,023 shares during the period. CoreCap Advisors LLC acquired a new position in Blue Owl Capital in the 2nd quarter valued at about $81,000. MassMutual Private Wealth & Trust FSB grew its position in Blue Owl Capital by 118.8% in the 2nd quarter. MassMutual Private Wealth & Trust FSB now owns 4,577 shares of the company’s stock valued at $40,000 after acquiring an additional 2,485 shares in the last quarter. Finally, CX Institutional grew its position in Blue Owl Capital by 881.5% in the 2nd quarter. CX Institutional now owns 3,396 shares of the company’s stock valued at $30,000 after acquiring an additional 3,050 shares in the last quarter. 35.85% of the stock is owned by institutional investors and hedge funds.

Blue Owl Capital News Roundup

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

• Positive Sentiment: Funds managed by Blue Owl completed the acquisition of a portfolio of 12 UK private hospitals, a move that expands its European net lease strategy and adds long-duration real estate assets. Funds Managed by Blue Owl Capital Complete Acquisition of Spire Healthcare Portfolio
• Positive Sentiment: Blue Owl launched Kirkwood Infrastructure Group, a digital infrastructure venture focused on fiber and conduit for hyperscale data centers, which could boost fee-related growth if demand stays strong. Funds Managed by Blue Owl Digital Infrastructure Strategy Launch Kirkwood Infrastructure Group
• Positive Sentiment: Related coverage highlighted Blue Owl’s push into U.S. digital infrastructure and fiber expansion, reinforcing the company’s exposure to long-term data center and connectivity demand. Blue Owl launches U.S. digital infrastructure venture to tap data center demand
• Neutral Sentiment: Blue Owl was also reported to have taken a minority stake in the Cleveland Cavaliers, but this appears to be a smaller, non-core diversification story. Blue Owl takes minority stake in professional basketball team The Cleveland Cavaliers
• Neutral Sentiment: Some commentary focused on Blue Owl’s inclusion in the Russell 1000, which is not likely to materially move the stock by itself. What Does Russell 1000 Reveal About Blue Owl Capital (NYSE:OWL)?
• Negative Sentiment: Barclays cut Blue Owl Capital’s price target from $10.00 to $9.00 and kept an equal-weight rating, signaling more cautious expectations and likely weighing on sentiment. Benzinga report on Barclays price target cut

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.