Toth Financial Advisory Corp Has $1.11 Million Holdings in Blue Owl Capital Inc. (NYSE:OWL)

Toth Financial Advisory Corp increased its stake in Blue Owl Capital Inc. (NYSE:OWL) by 12.4% in the 1st quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund owned 59,028 shares of the company’s stock after buying an additional 6,528 shares during the quarter. Toth Financial Advisory Corp’s holdings in Blue Owl Capital were worth $1,113,000 as of its most recent SEC filing.

Several other large investors also recently made changes to their positions in OWL. Charles Schwab Investment Management Inc. raised its stake in Blue Owl Capital by 2.8% in the 4th quarter. Charles Schwab Investment Management Inc. now owns 3,620,694 shares of the company’s stock valued at $53,948,000 after acquiring an additional 100,188 shares during the period. Vanguard Group Inc. raised its stake in Blue Owl Capital by 3.3% in the 3rd quarter. Vanguard Group Inc. now owns 40,199,339 shares of the company’s stock valued at $520,983,000 after acquiring an additional 1,293,941 shares during the period. Principal Financial Group Inc. raised its stake in Blue Owl Capital by 744.2% in the 4th quarter. Principal Financial Group Inc. now owns 326,718 shares of the company’s stock valued at $4,868,000 after acquiring an additional 288,015 shares during the period. Turtle Creek Wealth Advisors LLC bought a new position in Blue Owl Capital during the 4th quarter worth $9,929,000. Finally, Wells Fargo & Company MN increased its position in Blue Owl Capital by 12.1% during the 4th quarter. Wells Fargo & Company MN now owns 715,309 shares of the company’s stock worth $10,658,000 after buying an additional 76,935 shares during the period. Institutional investors and hedge funds own 35.85% of the company’s stock.

Wall Street Analyst Weigh In

OWL has been the topic of a number of recent analyst reports. JPMorgan Chase & Co. restated a “neutral” rating and issued a $18.50 price target on shares of Blue Owl Capital in a research report on Thursday, June 13th. Evercore ISI lifted their price target on Blue Owl Capital from $18.00 to $22.00 and gave the company an “outperform” rating in a research note on Thursday, April 4th. UBS Group raised Blue Owl Capital from a “neutral” rating to a “buy” rating and lifted their price target for the company from $18.00 to $22.00 in a research note on Tuesday, April 2nd. Deutsche Bank Aktiengesellschaft reissued a “buy” rating and set a $21.00 price target on shares of Blue Owl Capital in a research note on Monday, June 10th. Finally, Piper Sandler reaffirmed an “overweight” rating and issued a $23.00 price objective on shares of Blue Owl Capital in a research note on Friday. Three analysts have rated the stock with a hold rating and nine have assigned a buy rating to the company’s stock. According to MarketBeat.com, Blue Owl Capital presently has a consensus rating of “Moderate Buy” and a consensus target price of $20.27.

Blue Owl Capital Stock Down 0.8 %

NYSE OWL opened at $17.75 on Friday. The company has a market cap of $25.36 billion, a price-to-earnings ratio of 147.92, a P/E/G ratio of 1.09 and a beta of 1.20. Blue Owl Capital Inc. has a 52 week low of $10.64 and a 52 week high of $19.87. The business has a 50 day moving average price of $18.22 and a 200-day moving average price of $17.29.

Blue Owl Capital (NYSE:OWL) last released its quarterly earnings data on Thursday, May 2nd. The company reported $0.17 EPS for the quarter, beating the consensus estimate of $0.16 by $0.01. The firm had revenue of $486.55 million during the quarter, compared to the consensus estimate of $478.47 million. Blue Owl Capital had a return on equity of 18.15% and a net margin of 3.84%. On average, equities research analysts anticipate that Blue Owl Capital Inc. will post 0.82 earnings per share for the current year.

Blue Owl Capital Increases Dividend

The company also recently disclosed a quarterly dividend, which was paid on Thursday, May 30th. Stockholders of record on Tuesday, May 21st were issued a dividend of $0.18 per share. This is an increase from Blue Owl Capital’s previous quarterly dividend of $0.14. The ex-dividend date was Monday, May 20th. This represents a $0.72 annualized dividend and a dividend yield of 4.06%. Blue Owl Capital’s payout ratio is currently 600.00%.

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.