Wells Fargo initiated coverage on Blue Owl Capital with a new price target
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Wells Fargo initiated coverage of Blue Owl Capital with a rating of Equal Weight and set a new price target of $18.50
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| Date | Price Target | Rating | Analyst |
|---|---|---|---|
| 1/16/2025 | $28.00 | Hold → Buy | TD Cowen |
| 1/6/2025 | $25.00 → $24.75 | Buy → Neutral | Goldman |
| 9/12/2024 | $18.50 | Equal Weight | Wells Fargo |
| 8/2/2024 | $21.00 | Perform → Outperform | Oppenheimer |
| 7/8/2024 | $21.50 → $19.00 | Buy → Hold | TD Cowen |
| 6/10/2024 | $21.00 | Buy | Deutsche Bank |
| 4/2/2024 | $18.00 → $22.00 | Neutral → Buy | UBS |
| 1/4/2024 | $17.00 | Outperform | TD Cowen |
Yoichi brings over two decades of experience covering securities companies and scaling the wealth businesses for global asset managers within the Japanese market NEW YORK and TOKYO, Jan. 6, 2025 /PRNewswire/ -- Blue Owl Capital Inc. ("Blue Owl") (NYSE:OWL), a leading alternative asset manager, announced today the hiring of Yoichi Nakamura as a Managing Director and Head of Japan Private Wealth. Yoichi will be based in Blue Owl's Tokyo office, reporting to Johann Santer, Managing Director and Head of APAC Private Wealth. The appointment of Yoichi adds a veteran senior leader with deep relationships across Japanese securities companies and brings an executive with a track-record of scaling th
Upstart (NASDAQ:UPST), the leading artificial intelligence (AI) lending marketplace, today announced a programmatic purchase commitment from funds managed by Blue Owl Capital Inc. ("Blue Owl"). Blue Owl's Alternative Credit strategy will purchase up to $2 billion of consumer loans on the Upstart platform over 18 months. The transaction includes an initial acquisition of a $290 million personal loan portfolio, which closed in September. "We are excited to support Upstart's efforts to make the consumer lending process dramatically more efficient for both borrowers and lenders," said David Aidi, Co-Head of Financial Assets, Blue Owl Alternative Credit. "We are also proud to leverage the Blue
Established alternative credit management business with an 18-year track record will add over $10 billion in assets under management.NEW YORK, July 16, 2024 /PRNewswire/ -- Blue Owl Capital Inc. ("Blue Owl") (NYSE:OWL), a leading alternative asset manager, announced today it has entered into a definitive agreement to acquire the business of alternative credit manager Atalaya Capital Management LP ("Atalaya") for $450 million. The acquisition is expected to close in the second half of 2024, subject to customary closing conditions, and is expected to be modestly accretive to Blue Owl in 2025. Atalaya focuses primarily on asset-based credit investments across consumer and commercial finance, c
TD Cowen upgraded Blue Owl Capital from Hold to Buy and set a new price target of $28.00
Goldman downgraded Blue Owl Capital from Buy to Neutral and set a new price target of $24.75 from $25.00 previously
Wells Fargo initiated coverage of Blue Owl Capital with a rating of Equal Weight and set a new price target of $18.50
SC 13G/A - BLUE OWL CAPITAL INC. (0001823945) (Subject)
SC 13G/A - BLUE OWL CAPITAL INC. (0001823945) (Subject)
SC 13G/A - BLUE OWL CAPITAL INC. (0001823945) (Subject)
4 - BLUE OWL CAPITAL INC. (0001823945) (Issuer)
4 - BLUE OWL CAPITAL INC. (0001823945) (Issuer)
4 - BLUE OWL CAPITAL INC. (0001823945) (Issuer)
10-Q - BLUE OWL CAPITAL INC. (0001823945) (Filer)
8-K - BLUE OWL CAPITAL INC. (0001823945) (Filer)
8-K - BLUE OWL CAPITAL INC. (0001823945) (Filer)
KBRA assigns a rating of BBB+ to Blue Owl Credit Income Corp.'s ("OCIC" or "the company") $400 million, 6.60% senior unsecured notes due September 15, 2029, which are an add-on to the $500 million 6.60% senior unsecured notes with original settlement date of May 14, 2024. The rating Outlook is Stable. The proceeds will be used for general corporate purposes and for repayment of existing indebtedness. Key Credit Considerations The rating reflects the company's ties to the sizeable $128.4 billion Blue Owl Credit platform where the company has SEC exemptive relief to co-invest with other funds managed by the Adviser and its affiliates, as well as the company's diversified $28.4 billion inv
NEW YORK, Jan. 16, 2025 /PRNewswire/ -- Blue Owl Capital Corporation (NYSE:OBDC, Company", )) today announced preliminary financial results and provided a portfolio update for the fourth quarter ended December 31, 2024. The Company has elected to provide these results in connection with the closing of the merger with Blue Owl Capital Corporation III ("OBDE") on January 13, 2025. "OBDC's and OBDE's standalone fourth quarter performance reflects the consistent strength of our portfolios and positive momentum heading into 2025," commented Craig W. Packer, Chief Executive Officer of OBDC. "The successful closing of the merger subsequent to quarter end further improves our ability to deliver att
KBRA assigns a rating of BBB to Blue Owl Technology Finance Corp. ("OTF" or "the company") $650 million, 6.100% senior unsecured notes due March 15, 2028. The rating Outlook is Stable. Key Credit Considerations OTF benefits from its ties to the $128.4 billion Blue Owl Credit platform, with approximately $27 billion deployed into the technology strategy across all funds since inception. The experienced management team that has decades of experience working in the private markets has built a high credit quality direct lending platform to finance mainly sponsor-backed portfolio companies in the upper middle market. OTF maintains a $6.4 billion diversified investment portfolio with a majo
NEW YORK, Jan. 8, 2025 /PRNewswire/ -- Blue Owl Capital Corporation (NYSE:OBDC) and Blue Owl Capital Corporation III (NYSE:OBDE) today announced that each company obtained shareholder approval of all proposals related to the previously announced merger between the two companies at their respective shareholder meetings held today. Shareholders voted overwhelmingly in favor of the proposed transaction, with over 97% of OBDC votes cast and nearly 100% of OBDE votes cast, respectively, voting in favor of the proposals related to the merger. The transaction is expected to close on or around January 13, 2025, subject to the satisfaction of customary closing conditions. Craig W. Packer, Chief Exec
NEW YORK, Jan. 7, 2025 /PRNewswire/ -- Blue Owl Capital Inc. (NYSE:OWL) ("Blue Owl") today announced it will release its financial results for the fourth quarter ended December 31, 2024 on Thursday, February 6, 2025 before market open. Blue Owl invites all interested persons to its webcast / conference call at 8:30 a.m. Eastern Time to discuss its results. Conference Call Information: The conference call will be broadcast live on the Shareholders section of Blue Owl's website at www.blueowl.com. Participants are also invited to access the conference call by dialing one of the following numbers: Domestic (Toll Free): +1 (888) 330-2454 International: +1 (240) 789-2714 Conference ID: 4153114 A
NEW YORK, Dec. 16, 2024 /PRNewswire/ -- Blue Owl Capital Corporation III (NYSE:OBDE) today announced that its Board of Directors has declared a special dividend of $0.52 per share. The special dividend will be payable in cash on or before January 31, 2025 to shareholders of record as of December 31, 2024. The special dividend will be payable no later than January 31, 2025, or earlier, if the proposed merger with Blue Owl Capital Corporation (NYSE:OBDC) closes before that date. The closing of the merger is expected to occur promptly after the vote at the shareholder meetings, currently scheduled for January 8, 2025, assuming that the transaction is approved by OBDE and OBDC shareholders. The