NewEdge Wealth LLC Boosts Stake in Blue Owl Capital Corporation $OBDC

NewEdge Wealth LLC increased its position in Blue Owl Capital Corporation (NYSE:OBDC) by 32.0% in the third quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The firm owned 379,608 shares of the company’s stock after purchasing an additional 92,097 shares during the quarter. NewEdge Wealth LLC’s holdings in Blue Owl Capital were worth $4,851,000 as of its most recent filing with the Securities & Exchange Commission.

Several other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. Atlantic Union Bankshares Corp bought a new position in Blue Owl Capital in the third quarter worth $28,000. First Horizon Advisors Inc. purchased a new stake in shares of Blue Owl Capital in the 2nd quarter worth about $40,000. Assetmark Inc. bought a new position in shares of Blue Owl Capital in the 3rd quarter worth about $38,000. Private Trust Co. NA lifted its position in Blue Owl Capital by 86.6% during the 2nd quarter. Private Trust Co. NA now owns 3,123 shares of the company’s stock valued at $45,000 after acquiring an additional 1,449 shares during the period. Finally, Root Financial Partners LLC purchased a new position in Blue Owl Capital during the 3rd quarter valued at about $47,000. 42.83% of the stock is owned by hedge funds and other institutional investors.

Key Headlines Impacting Blue Owl Capital

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

• Positive Sentiment: Board authorizes a $300 million share repurchase program (up to ~5.1% of shares), signaling management believes OBDC is undervalued and providing buyback support for the stock. RTT News: Buyback
• Positive Sentiment: Blue Owl and affiliated BDCs agreed to sell $1.4B of direct-lending investments to institutional pension/insurance buyers at ~99.7% of par, unlocking material liquidity and enabling significant return-of-capital distributions. The company also noted a Moody’s upgrade to Baa2, supporting credit profile perceptions. PR Newswire: Asset Sale
• Positive Sentiment: Q4 results: OBDC reported EPS of $0.36 (beat consensus by $0.01), declared a $0.37 quarterly dividend (high yield), and reported stable adjusted NII — all supportive fundamentals for income-focused investors. Zacks: Earnings Beat
• Neutral Sentiment: Management sold loans and raised roughly $1.4B to fund investor payouts and liquidity needs — this addresses near-term redemption pressure but is a tactical move rather than a fundamental earnings change. Seeking Alpha: Sells Loans
• Neutral Sentiment: Quarterly revenue ($439.5M) missed consensus (~$454M) and some metrics like TII trailed expectations, so while EPS beat, certain operating metrics are mixed. Watch NII/credit trends and NAV movements. Zacks: Metrics vs Estimates
• Negative Sentiment: The company said it is not halting investor liquidity overall but has permanently halted quarterly redemptions for its retail-targeted OBDC II fund, replacing redemptions with periodic distributions as assets are sold — a move that spooked retail investors and added to sector unease. US News: Not Halting Liquidity / Redemption Change
• Negative Sentiment: Reports emphasize growing private-credit unease and show market reaction (shares in affiliated names fell), highlighting reputational and liquidity risks for Blue Owl and the sector after the redemption-policy change. MSN: Private Credit Unease

Insider Buying and Selling at Blue Owl Capital

In other news, VP Neena Reddy purchased 7,890 shares of the company’s stock in a transaction dated Wednesday, November 26th. The shares were purchased at an average cost of $13.06 per share, for a total transaction of $103,043.40. Following the purchase, the vice president directly owned 7,890 shares in the company, valued at approximately $103,043.40. This represents a ∞ increase in their position. The transaction was disclosed in a legal filing with the SEC, which is accessible through the SEC website. 0.11% of the stock is owned by insiders.

Blue Owl Capital Stock Down 1.1%

Blue Owl Capital stock opened at $11.43 on Friday. The firm has a market cap of $5.84 billion, a price-to-earnings ratio of 9.21 and a beta of 0.67. The company has a current ratio of 0.72, a quick ratio of 0.72 and a debt-to-equity ratio of 1.25. Blue Owl Capital Corporation has a 12 month low of $10.70 and a 12 month high of $15.73. The stock has a fifty day simple moving average of $12.27 and a two-hundred day simple moving average of $12.94.

Blue Owl Capital (NYSE:OBDC) last released its quarterly earnings data on Wednesday, February 18th. The company reported $0.36 EPS for the quarter, topping the consensus estimate of $0.35 by $0.01. The company had revenue of $439.50 million during the quarter, compared to the consensus estimate of $454.38 million. Blue Owl Capital had a return on equity of 9.98% and a net margin of 33.89%. Equities analysts predict that Blue Owl Capital Corporation will post 1.71 EPS for the current fiscal year.

Blue Owl Capital announced that its board has approved a stock buyback plan on Wednesday, February 18th that allows the company to buyback $300.00 million in shares. This buyback authorization allows the company to buy up to 5.1% of its shares through open market purchases. Shares buyback plans are generally a sign that the company’s leadership believes its shares are undervalued.

Blue Owl Capital Dividend Announcement

The business also recently announced a quarterly dividend, which will be paid on Wednesday, April 15th. Shareholders of record on Tuesday, March 31st will be paid a dividend of $0.37 per share. The ex-dividend date is Tuesday, March 31st. This represents a $1.48 dividend on an annualized basis and a yield of 13.0%. Blue Owl Capital’s payout ratio is currently 104.96%.

Analyst Ratings Changes

A number of equities research analysts have weighed in on OBDC shares. Royal Bank Of Canada cut their price objective on shares of Blue Owl Capital from $16.00 to $14.00 and set an “outperform” rating on the stock in a report on Wednesday, November 26th. Citizens Jmp dropped their price target on Blue Owl Capital from $17.00 to $15.00 and set a “market outperform” rating on the stock in a research report on Friday, November 7th. Wells Fargo & Company reduced their price objective on Blue Owl Capital from $13.00 to $12.00 and set an “equal weight” rating for the company in a research report on Friday, November 7th. Finally, Keefe, Bruyette & Woods lowered their price objective on Blue Owl Capital from $14.50 to $13.50 and set a “market perform” rating for the company in a research note on Monday, November 10th. Two equities research analysts have rated the stock with a Strong Buy rating, four have given a Buy rating, two have assigned a Hold rating and one has issued a Sell rating to the stock. Based on data from MarketBeat, the stock has a consensus rating of “Moderate Buy” and an average target price of $14.21.

About Blue Owl Capital

Blue Owl Capital Corporation (NYSE: OBDC) is a publicly traded business development company sponsored by Blue Owl Capital, a global alternative asset manager. Launched in 2020, the firm provides customized financing solutions to middle-market companies across various industries. As an externally managed BDC, Blue Owl Capital Corporation leverages the deep credit‐investment capabilities of its sponsor to deliver flexible capital tailored to the needs of growing businesses.

The company’s investment activities span a range of private credit products, including first‐lien senior secured loans, unitranche facilities, second‐lien financings, mezzanine debt, and minority equity co-investments.