Main Street Capital: RBC Capital Maintains Outperform, Raises PT to $67

Main Street Capital: RBC Capital Maintains Outperform, Raises PT to $67

RBC Capital Markets has maintained its "Outperform" rating on Main Street Capital Corporation (NYSE: MAIN) while raising its price target to $67. The upgrade comes following the company's recent earnings report, which met analysts' expectations. Main Street Capital reported earnings of $0.99 per share, with revenue of $143.97 million exceeding forecasts. The company also declared a monthly dividend of $0.255 per share, representing an annualized yield of 4.8%, to be paid on December 15th.

Institutional investors have shown significant interest in Main Street Capital. WCG Wealth Advisors LLC increased its stake by 48.0%, acquiring an additional 5,100 shares for a total holding of 15,715 shares valued at approximately $889,000 [1]. Invesco Ltd. boosted its position by 282.5%, owning 532,267 shares valued at $30,105,000 after buying an additional 393,101 shares during the first quarter [1]. Other institutional investors, such as Victory Capital Management Inc., First Trust Advisors LP, BI Asset Management Fondsmaeglerselskab A S, and Jefferies Financial Group Inc., have also increased their stakes in the company [1].

Main Street Capital's latest earnings report and the increased institutional interest have led RBC Capital to maintain its "Outperform" rating and raise its price target to $67. The company's strong financial performance, along with the recent dividend announcement, has attracted significant attention from investors. RBC Capital's upgrade and price target adjustment reflect the positive outlook for Main Street Capital's future prospects.

References:
[1] https://www.marketbeat.com/instant-alerts/filing-wcg-wealth-advisors-llc-buys-5100-shares-of-main-street-capital-corporation-main-2025-08-26/