Truist Securities Initiates Coverage of Blue Owl Technology Finance with Buy Rating and $17 Price Target.

Truist Securities initiated coverage of Blue Owl Technology Finance with a Buy rating and $17 price target. The company is a tech-focused specialty finance firm with shares trading at $15.45. The analyst believes OTF is a solid investment opportunity due to its externally managed business development company structure and potential for growth in the tech industry.

Blue Owl Capital Corporation (NYSE: OBDC) has recently seen increased interest from institutional investors and analysts. According to the company's latest disclosures with the Securities and Exchange Commission, Generali Investments CEE investicni spolecnost a.s. acquired a new stake in Blue Owl Capital's shares in the first quarter of 2025, valued at approximately $1,890,000 [1]. Other institutional investors, such as Anchor Investment Management LLC and Brown Brothers Harriman & Co., also made significant investments during the fourth quarter of 2024.

Several analysts have initiated coverage of Blue Owl Capital, with positive ratings and price targets. Royal Bank of Canada, Keefe, Bruyette & Woods, Wells Fargo & Company, B. Riley, and Jefferies Financial Group have all assigned "buy" ratings to the stock, with target prices ranging from $14.00 to $16.00 [1]. Three investment analysts have rated the stock with a hold rating, four have given a buy rating, and three have assigned a strong buy rating, resulting in an average rating of "Buy" and an average price target of $15.64 [1].

Blue Owl Capital Corporation is a business development company that specializes in direct and fund of fund investments. The company has a market capitalization of $7.43 billion, a price-to-earnings ratio of 9.38, and a beta of 0.72. Its shares are currently trading at $14.54, with a 50-day moving average of $14.42 and a 200-day moving average of $14.64 [1]. The company's latest earnings report showed earnings per share of $0.39 for the quarter, missing analysts' consensus estimates of $0.43 by ($0.04) [1].

In addition to its financial performance, Blue Owl Capital recently reduced its dividend payout ratio to 95.48% after paying a dividend of $0.01 per share on June 13th [1]. The company also announced a new dividend of $0.225 per share on May 28th, representing a $0.90 annualized dividend and a dividend yield of 4.60% [2].

Director Victor Woolridge acquired 6,915 shares of the stock on May 27th, representing a 32.50% increase in his ownership of the company's stock [1]. The transaction was disclosed in a legal filing with the Securities and Exchange Commission.

In summary, Blue Owl Capital Corporation has seen increased interest from institutional investors and analysts in recent quarters. The company's strong financial performance and potential for growth in the tech industry make it an attractive investment opportunity.

References:
[1] https://www.marketbeat.com/instant-alerts/filing-generali-investments-cee-investicni-spolecnost-as-invests-189-million-in-blue-owl-capital-corporation-nyseobdc-2025-07-05/
[2] https://www.marketbeat.com/instant-alerts/filing-kbc-group-nv-has-480000-stake-in-blue-owl-capital-inc-nyseowl-2025-07-05/