Golub Capital BDC (NASDAQ:GBDC) Price Target Lowered to $14.00 at Keefe, Bruyette & Woods

Golub Capital BDC (NASDAQ:GBDC) had its price objective reduced by Keefe, Bruyette & Woods from $15.00 to $14.00 in a research note issued to investors on Friday morning,Benzinga reports. They currently have an outperform rating on the investment management company’s stock.

GBDC has been the subject of several other research reports. Capital One Financial set a $15.00 price target on shares of Golub Capital BDC in a research report on Thursday, January 15th. Wall Street Zen upgraded shares of Golub Capital BDC from a “sell” rating to a “hold” rating in a research note on Saturday, December 13th. Weiss Ratings restated a “hold (c)” rating on shares of Golub Capital BDC in a research report on Monday, December 29th. Wells Fargo & Company raised Golub Capital BDC from an “equal weight” rating to an “overweight” rating and set a $14.00 price objective for the company in a research report on Wednesday, January 7th. Finally, Lucid Cap Mkts upgraded Golub Capital BDC to a “strong-buy” rating in a research note on Thursday, January 15th. One equities research analyst has rated the stock with a Strong Buy rating, three have issued a Buy rating and one has issued a Hold rating to the stock. According to data from MarketBeat.com, Golub Capital BDC currently has an average rating of “Buy” and a consensus price target of $14.38.

Golub Capital BDC Stock Up 1.4%

Shares of NASDAQ GBDC opened at $12.55 on Friday. The business has a 50-day moving average price of $13.64 and a 200 day moving average price of $14.06. The stock has a market cap of $3.30 billion, a PE ratio of 10.04 and a beta of 0.43. The company has a quick ratio of 1.90, a current ratio of 2.24 and a debt-to-equity ratio of 1.25. Golub Capital BDC has a 52-week low of $12.28 and a 52-week high of $16.00.

Golub Capital BDC (NASDAQ:GBDC) last issued its quarterly earnings data on Wednesday, February 4th. The investment management company reported $0.38 earnings per share for the quarter, meeting analysts’ consensus estimates of $0.38. The company had revenue of $110.18 million during the quarter, compared to analysts’ expectations of $208.89 million. Golub Capital BDC had a return on equity of 10.37% and a net margin of 38.57%.During the same quarter in the previous year, the business earned $0.42 earnings per share. Equities research analysts forecast that Golub Capital BDC will post 1.6 earnings per share for the current year.

Golub Capital BDC Cuts Dividend

The firm also recently declared a quarterly dividend, which will be paid on Monday, March 30th. Stockholders of record on Friday, March 13th will be issued a $0.33 dividend. This represents a $1.32 annualized dividend and a dividend yield of 10.5%. The ex-dividend date of this dividend is Friday, March 13th. Golub Capital BDC’s dividend payout ratio (DPR) is currently 109.86%.

Institutional Inflows and Outflows

Institutional investors and hedge funds have recently bought and sold shares of the business. AlphaQuest LLC raised its stake in shares of Golub Capital BDC by 2,542.0% during the 3rd quarter. AlphaQuest LLC now owns 128,984 shares of the investment management company’s stock worth $1,766,000 after buying an additional 124,102 shares during the last quarter. Generali Asset Management SPA SGR increased its holdings in Golub Capital BDC by 4.7% during the 3rd quarter. Generali Asset Management SPA SGR now owns 2,630,739 shares of the investment management company’s stock valued at $36,015,000 after acquiring an additional 118,034 shares in the last quarter. Muzinich & Co. Inc. raised its position in Golub Capital BDC by 32.4% during the third quarter. Muzinich & Co. Inc. now owns 1,625,636 shares of the investment management company’s stock worth $22,255,000 after acquiring an additional 397,514 shares during the last quarter. TT Capital Management LLC acquired a new position in Golub Capital BDC during the second quarter worth about $1,104,000. Finally, HB Wealth Management LLC lifted its holdings in shares of Golub Capital BDC by 28.6% in the third quarter. HB Wealth Management LLC now owns 249,399 shares of the investment management company’s stock valued at $3,414,000 after purchasing an additional 55,524 shares in the last quarter. Institutional investors and hedge funds own 42.38% of the company’s stock.

Key Stories Impacting Golub Capital BDC

Here are the key news stories impacting Golub Capital BDC this week:

• Positive Sentiment: Declared quarterly dividend of $0.33 (record Mar 13, payable Mar 30), implying a ~10.6% yield — supports demand from income-focused investors. Earnings Call Transcript
• Positive Sentiment: Bank of America / TipRanks note highlights “strong credit quality and prudent capital management,” which supports medium-term upside despite headwinds — a narrative that can calm investor concerns about portfolio risk. BofA Note
• Positive Sentiment: Shareholders re-elected directors and ratified the auditor at the annual meeting — governance stability that reduces execution risk. Shareholder Vote
• Neutral Sentiment: Q1 results: EPS of $0.38 matched estimates but were slightly below prior-year EPS; investors will parse credit metrics and fee/revenue drivers rather than headline EPS. Zacks Earnings Note
• Neutral Sentiment: Published earnings call materials and transcript provide detail but no major surprise items; use the presentation/transcript to assess net interest margin, new originations and coverage metrics. Earnings Presentation
• Neutral Sentiment: Short-interest data in the recent feed is effectively zero/erroneous (no actionable build in short exposure reported) — not a driver for today’s move. (Data appears to show zeros/NaN.)
• Negative Sentiment: Keefe, Bruyette & Woods lowered its price target from $15 to $14 (still an outperform rating) — a downward revision that trims upside and can weigh on sentiment. KBW Price Target Note
• Negative Sentiment: Company commentary and coverage pieces flagged a 2026 “dividend reset” and ongoing industry headwinds — investors should be cautious about distribution sustainability and potential pressure on NAV/earnings. Dividend Reset / Headwinds

About Golub Capital BDC

Golub Capital BDC (NASDAQ: GBDC) is a publicly traded business development company specializing in providing debt and equity financing solutions to middle-market companies in the United States. Externally managed by Golub Capital LLC, the firm focuses on building a diversified portfolio of senior secured loans, unitranche facilities and second-lien debt instruments designed to support growth, acquisitions and recapitalizations. As a closed-end investment vehicle, GBDC offers investors direct exposure to private credit strategies within a regulated structure.

The company’s core business activities center on originating and managing bespoke financing arrangements for U.S.