OWL

Investing.com -- Blue Owl Capital Inc (NYSE:OWL)) two non-traded private credit funds maintained the industry-standard 5% quarterly withdrawal limit even as redemption requests at both funds fell compared to the prior quarter, according to an investor letter published Thursday. Traders are rewarding the relative improvement, with OWL shares rising 4.4% in premarket trading ahead of the New York open. The premarket bounce matters because OWL closed Wednesday at $8.64, down 1.26%, and sits near the lower end of its 52-week range of $7.95 to $21.08, a range that tells the story of a stock roughly halved over the past year as the broader private credit redemption wave has battered alternative asset managers. The more significant data point in Thursday's letter concerns Blue Owl's OCIC fund, which saw redemption requests totaling $3.6 billion, down from the prior quarter's $4.2 billion. That stands in contrast to what most sector peers experienced in Q2: non-traded BDCs managed by Apollo, Ares, Morgan Stanley, HPS, Cliffwater, Monroe, and Blackstone all received elevated redemption requests that exceeded 5% of shares, forcing each of them to hold quarterly repurchases at the 5% cap, according to PitchBook data from late June. However, Blue Owl's redemption requests remained higher than those of any of its competitors. The decision to maintain caps even as requests ease reflects the precarious structural position these funds occupy. Investors pulled a combined $12.9 billion from private credit funds targeting wealthy individuals in just the first five months of 2026, according to investment bank Robert A. Stanger, as concerns mounted over lending standards and AI disruption to software-sector borrowers. The 5% quarterly ceiling is the industry standard for non-traded BDCs, but when demand consistently exceeds that threshold, unmet requests roll forward, creating what analysts describe as a structural liquidity backlog that could persist for years. Researcher Goldberg, cited by PitchBook, put the problem in stark terms: "A lot of people wanted out of these funds, and depending on the fund's profile, normal capacity to exit ranges from about 1.25% a quarter for an early-stage fund up to 3.25% for a large, mature one. Cap redemptions at 5%, and that mature cohort only has about 1.75% of real spare capacity." Blue Owl is not navigating this environment without its own...

NEW YORK, July 1, 2026 /PRNewswire/ -- Blue Owl Capital Inc. (NYSE: OWL) ("Blue Owl") today announced it will release its financial results for the second quarter ended June 30, 2026 on Thursday, July 30, 2026 before market open. Blue Owl invites all interested persons to its webcast / conference call at 10 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 All callers will need to enter the Conference ID followed by the # sign and reference "Blue Owl Capital" once connected with the operator. All callers are asked to dial in 10-15 minutes prior to the call so that name and company information can be collected. Replay Information: An archived replay will be available via a webcast link located on the Shareholders section of Blue Owl's website. About Blue Owl Capital Inc. Blue Owl (NYSE: OWL) is a leading asset manager that is redefining alternatives®. With $315 billion in assets under management as of March 31, 2026, we invest across three multi-strategy platforms: Credit, Real Assets, and GP Strategic Capital. Anchored by a strong permanent capital base, we provide businesses with private capital solutions to drive long-term growth and offer institutional investors, individual investors, and insurance companies differentiated alternative investment opportunities that aim to deliver strong performance, risk-adjusted returns, and capital preservation. Together with over 1,390 experienced professionals globally, Blue Owl brings the vision and discipline to create the exceptional. To learn more, visit www.blueowl.com. Investor ContactAnn DaiHead of Investor [email protected] Media [email protected] View original content:https://www.prnewswire.com/news-releases/blue-owl-capital-inc-to-announce-second-quarter-2026-results-302814305.html

NEW YORK, July 1, 2026 /PRNewswire/ -- Blue Owl Capital Corporation (NYSE: OBDC) ("OBDC") today announced it will release its financial results for the second quarter ended June 30, 2026 on Wednesday, August 5, 2026 after market close. OBDC invites all interested persons to its webcast / conference call on Thursday, August 6, 2026 at 10:00 a.m. Eastern Time to discuss its second quarter ended June 30, 2026 financial results. Conference Call Information: The conference call will be broadcast live at 10:00 a.m. Eastern Time on the News & Events section of OBDC's website at www.blueowlcapitalcorporation.com. To pre-register for the call, please click here. Please visit the website to test your connection before the webcast. Participants are also invited to access the conference call by dialing one of the following numbers: Domestic: (877) 737-7048International: +1 (201) 689-8523 All callers will need to reference "Blue Owl Capital Corporation" once connected with the operator. All callers are asked to dial in 10-15 minutes prior to the call so that name and company information can be collected. Replay Information: An archived replay will be available via a webcast link located on the News & Events section of OBDC's website for one year, and via the dial-in numbers listed below for 14 days: Domestic: (877) 660-6853International: +1 (201) 612-7415Access Code: 13761127 About Blue Owl Capital Corporation Blue Owl Capital Corporation (NYSE: OBDC) is a specialty finance company focused on lending to U.S. middle-market companies. As of March 31, 2026, OBDC had investments in 230 portfolio companies with an aggregate fair value of $15.3 billion. OBDC has elected to be regulated as a business development company under the Investment Company Act of 1940, as amended. OBDC is externally managed by Blue Owl Credit Advisors LLC, an SEC-registered investment adviser that is an indirect affiliate of Blue Owl Capital Inc. ("Blue Owl") (NYSE: OWL) and is a part of Blue Owl's Credit platform. Certain information contained herein may constitute "forward-looking statements" that involve substantial risks and uncertainties. Such statements involve known and unknown risks, uncertainties and other factors and undue reliance should not be placed thereon. These forward-looking statements are not historical facts, but rather are based on current expectations, estimates and projections ab...

NEW YORK, July 1, 2026 /PRNewswire/ -- Blue Owl Technology Finance Corp. (NYSE: OTF) ("OTF") today announced it will release its financial results for the second quarter ended June 30, 2026 on Wednesday, August 5, 2026 after market close. OTF invites all interested persons to its webcast / conference call on Thursday, August 6, 2026 at 11:30 a.m. Eastern Time to discuss its second quarter ended June 30, 2026 financial results. Conference Call Information: The conference call will be broadcast live at 11:30 a.m. Eastern Time on the News & Events section of OTF's website at www.blueowltechnologyfinance.com. To pre-register for the call, please click here. Please visit the website to test your connection before the webcast. Participants are also invited to access the conference call by dialing one of the following numbers: Domestic: (877) 407-8629International: +1 (201) 493-6715 All callers will need to reference "Blue Owl Technology Finance Corp." once connected with the operator. All callers are asked to dial in 10-15 minutes prior to the call so that name and company information can be collected. Replay Information: An archived replay will be available via a webcast link located on the News & Events section of OTF's website for one year, and via the dial-in numbers listed below for 14 days: Domestic: (877) 660-6853International: +1 (201) 612-7415Access Code: 13761130 About Blue Owl Technology Finance Corp. Blue Owl Technology Finance Corp. ("OTF") is a specialty finance company focused on making debt and equity investments to U.S. technology-related companies, with a strategic focus on software. As of March 31, 2026, OTF had investments in 203 portfolio companies with an aggregate fair value of $14.1 billion. OTF has elected to be regulated as a business development company under the Investment Company Act of 1940, as amended. OTF is externally managed by Blue Owl Technology Credit Advisors LLC, an SEC-registered investment adviser that is an indirect affiliate of Blue Owl Capital Inc. ("Blue Owl") (NYSE: OWL) and part of Blue Owl's Credit platform. Certain information contained herein may constitute "forward-looking statements" that involve substantial risks and uncertainties. Such statements involve known and unknown risks, uncertainties and other factors and undue reliance should not be placed thereon. These forward-looking statements are not historical f...

All three major US stock indexes were down in late-morning trading Tuesday, as the 30-year Treasury

Income-focused investors comparing high-yield options to mainstream dividend funds encounter a familiar gap. VanEck BDC Income ETF (NYSEARCA:BIZD) pays a distribution yield near 13%, which would generate roughly $26,000 a year on that balance, while a mainstream dividend fund like the Schwab U.S. Dividend Equity ETF (NYSEARCA:SCHD) yields closer to 3.4%. BIZD sits in the corner of the market most retirees never reach: a fund of publicly traded business development companies that lend to middle-market borrowers shut out of bank financing. BIZD holds roughly 25 business development companies regulated under the Investment Company Act of 1940. These firms originate floating-rate loans to private companies and pass most of their net investment income through to shareholders as dividends. The ETF concentrates that exposure in a few names: Ares Capital at about 14%, Blue Owl Capital at roughly 9%, plus FS KKR Capital, Main Street Capital, and Golub Capital BDC. About 36% of the portfolio is implemented through a total return swap on the MVIS US BDC Index, collateralized by roughly 35% in U.S. Treasury bills. The return engine is straightforward. BDCs collect interest on senior secured loans tied to short-term rates, and BIZD distributes that income quarterly. The most recent payment was $0.4818 per share for Q1 2026, an increase from the $0.4177 average across 2025. Total assets sit near $1.6 billion. The income side delivers exactly what it promises, but the total return story tells a completely different tale. Year to date, BIZD has stumbled roughly 8%, and it is down about 12% over the past year, leaving shares hovering around $13. Look at the five-year window, and the fund managed a 28% total return. Meanwhile, SCHD surged ahead with a 51% return over the same period, and a massive 237% over ten years compared to BIZD's 118%. The analyst who called NVIDIA in 2010 just named his top 10 stocks and VanEck BDC Income ETF wasn't one of them. Get them here FREE. Imagine a 68-year-old retiree with $200,000 in cash, hunting for income. They are going to judge this entire strategy by that massive performance gap. An investor pulling a hefty 13% cash distribution definitely pocketed the yield, but a SCHD holder enjoyed a smaller yield alongside significant price appreciation. Volatility is another major factor to weigh. BIZD plummeted about 50% during the March 2020 cre...

Interested in Blue Owl Capital Corporation? Here are five stocks we like better. Q1 earnings fell as Blue Owl Capital reported adjusted net investment income of $0.31 per share and NAV of $14.41 per share, with management blaming lower base rates, tighter spreads, slower deal activity, and reduced fee income. The board reset the base dividend to $0.31 per share, down from the prior level, while management said spillover income and the supplemental dividend framework still provide support for payouts. Despite weaker earnings, credit performance remained stable with no new non-accruals, and the firm said lower leverage, a larger cash/liquidity position, and wider spreads should improve deployment opportunities ahead. Blue Owl Capital (NYSE:OBDC) reported first-quarter 2026 adjusted net investment income of $0.31 per share and net asset value per share of $14.41, as management said lower base rates, tighter spreads and reduced fee income weighed on earnings. Chief Executive Officer Craig Packer said the quarter was “more challenging” from an earnings perspective, with headwinds that had been building over the past year becoming fully reflected in results. He cited lower rates, tighter market spreads, slower deal activity and lower leverage as key factors. → Rocket Lab Just Hit a New All-Time High—Time to Buy or Let It Breathe? At the same time, Packer emphasized that the company’s underlying credit performance remained strong. He said there were no new non-accruals during the quarter, borrower performance was stable and credit quality remained consistent with recent periods. Blue Owl’s board declared a second-quarter base dividend of $0.31 per share, down from the prior level. Packer said the company believes the new dividend level is appropriate given the portfolio’s forward earnings power, particularly as spreads widen and the rate environment appears more stable. → MercadoLibre Boldly Invests in Growth: Discount Deepens The dividend will be paid July 15, 2026, to shareholders of record as of June 30, 2026. Chief Financial Officer Jonathan Lamm said spillover income stood at approximately $0.28 per share, which he described as a “meaningful cushion” supporting the base dividend. Packer noted that the company is maintaining its supplemental dividend framework, under which it pays out 50% of net investment income above the base dividend. In response to an analy...

In the first quarter of 2026, Blue Owl Capital Inc. reported higher revenue and net income year over year, raised its quarterly dividend to US$0.23 per share, and continued its share repurchase program, buying back 1,710,117 shares for US$24.97 million and completing US$78.58 million of buybacks under its 2025 authorization. The company also partially realized a large gain on its early SpaceX investment and advanced its real assets and data-center platforms, highlighting how diversified income streams and asset sales are supporting both capital returns to shareholders and balance sheet flexibility. We’ll now examine how this combination of stronger earnings, a higher dividend, and active buybacks shapes Blue Owl’s investment narrative. Invest in the nuclear renaissance through our list of 91 elite nuclear energy infrastructure plays powering the global AI revolution. To own Blue Owl Capital, you need to believe in the durability of fee-based income from private credit, real assets, and digital infrastructure, even as fundraising and redemption trends stay in focus. The short term catalyst is whether strong reported earnings and asset sales can keep supporting dividends and buybacks, while a key risk is that higher redemption pressure or weaker credit demand could weigh on fees. This quarter’s results do not appear to change that tradeoff in a major way. The most relevant recent announcement is Blue Owl’s Q1 2026 earnings, where revenue rose to US$753.81 million and net income reached US$15.54 million. Combined with the dividend increase to US$0.23 per share and continued buybacks, this update matters for investors watching whether Blue Owl can keep funding shareholder returns while expanding platforms like data centers and real assets, which sit at the heart of the current catalyst story. Yet against this progress, investors should also be aware of the emerging pressure from higher redemption requests and dividend cuts across parts of the Blue Owl platform, as... Read the full narrative on Blue Owl Capital (it's free!) Blue Owl Capital's narrative projects $3.8 billion revenue and $1.0 billion earnings by 2029. This requires 9.6% yearly revenue growth and an earnings increase of about $0.9 billion from $78.8 million today. Uncover how Blue Owl Capital's forecasts yield a $14.93 fair value, a 42% upside to its current price. Before this news, the most pessimi...

Blue Owl Capital Corporation OBDC reported first-quarter 2026 adjusted earnings per share (EPS) of 31 cents, which missed the Zacks Consensus Estimate by 11.4%. The bottom line decreased 20.5% year over year. Total investment income declined 14.6% year over year to $396.8 million. The top line missed the consensus mark by 6.2%. The weaker-than-expected quarterly results were affected by lower net investment income. However, the downside was partly offset by lower expenses. Blue Owl Capital Corporation price-consensus-eps-surprise-chart | Blue Owl Capital Corporation Quote Adjusted net investment income of $153 million fell 3% year over year. New investment commitments were $676 million across seven new portfolio companies and 16 existing ones. Blue Owl Capital ended the first quarter with investments in 230 portfolio companies, backed with an aggregate fair value of $15.3 billion. Based on the fair value, the average investment size in each portfolio company was $66.7 million as of March 31, 2026. Total expenses decreased 9.4% year over year to $235.2 million in the first quarter due to lower interest expenses and management fees. OBDC recorded an adjusted net decrease in net assets resulting from operations of $24.4 million, which decreased from the net increase of $159.7 million a year ago. Blue Owl Capital exited the first quarter with a cash balance of $416.1 million, which declined from the 2025-end level of $558.7 million. Total assets of $16 billion decreased from the $17.2 billion figure at 2025-end. Debt was $8.5 billion, down from the $9.3 billion figure as of Dec. 31, 2025. OBDC had $3.6 billion of undrawn capacity under its credit facilities. At the first-quarter end, net debt to equity was 1.13X. Net operating cash flow in the first quarter of 2026 was $967.4 million, up from the prior-year figure of $38.9 million. The board of directors at Blue Owl Capital declared a second-quarter 2026 regular dividend of 31 cents per share, to be paid on or before July 15, 2026, to its shareholders of record as of June 30. Blue Owl Capital announced a new repurchase program (expiring in 18 months from the approval date of Feb. 18, 2025), under which it may purchase shares up to $300 million. The company repurchased shares worth $35 million in the first quarter of 2026. OBDC currently carries a Zacks Rank #3 (Hold). You can see the complete list of today’s Zac...

NEW YORK, May 6, 2026 /PRNewswire/ -- Blue Owl Capital Corporation (NYSE: OBDC) ("OBDC" or the "Company") today announced financial results for its first quarter ended March 31, 2026. FIRST QUARTER 2026 HIGHLIGHTS First quarter GAAP net investment income ("NII") per share of $0.32 First quarter adjusted NII per share(1) of $0.31, as compared with the prior quarter of $0.36 Net asset value per share of $14.41, as compared with $14.81 as of December 31, 2025, primarily reflecting the impact of credit spread widening on the portfolio New investment commitments for the first quarter were $676 million and sales and repayments were $1.5 billion, as compared with $684 million of new investment commitments and $1.4 billion of sales and repayments for the three months ended December 31, 2025 Investments on non-accrual represented 2.0% and 1.0% of the portfolio at cost and fair value, respectively, as compared with 2.3% and 1.1% as of December 31, 2025 In January, Moody's upgraded OBDC to Baa2 given their view on OBDC's credit profile and liability management "OBDC's credit performance remains strong, with no new non‑accruals and steady borrower performance," said Craig W. Packer, Chief Executive Officer. "While the quarter reflected a more challenging earnings environment driven by lower base rates and tighter spreads, our portfolio is delivering solid performance, and our balance sheet is strong. With healthy repayments, lower leverage and approximately $4 billion of available liquidity, we have the flexibility to capitalize on an increasingly attractive deployment environment at wider spreads." Stock Repurchases On February 17, 2026, the Board of Directors (the "Board") approved a $300 million stock repurchase program, for which purchases may be made at management's discretion from time to time in open market transactions, replacing the prior $200 million authorization. As of March 31, 2026, the Company repurchased approximately $35 million of OBDC common stock, accretive to net asset value per share in the first quarter. Dividend Declaration The Board declared a second quarter 2026 base dividend of $0.31 per share for stockholders of record as of June 30, 2026, payable on or before July 15, 2026, reflecting the Board's decision to adjust the Company's base dividend given the current operating environment and to align with the portfolio's go-forward earnings power...

NEW YORK, May 6, 2026 /PRNewswire/ -- Blue Owl Technology Finance Corp. (NYSE: OTF) ("OTF" or the "Company") today announced financial results for its first quarter ended March 31, 2026. FIRST QUARTER 2026 HIGHLIGHTS First quarter GAAP net investment income ("NII") per share of $0.37 First quarter adjusted NII per share of $0.29(1) Dividends declared for the second quarter were $0.40 per share, including a base dividend of $0.35 per share and a special dividend of $0.05 per share declared in connection with the listing Net asset value per share decreased to $16.49, as compared with $17.33 last quarter, primarily driven by unrealized losses from the impact of credit spread widening on the portfolio New investment commitments for the first quarter were $1.7 billion and sales and repayments were $1.1 billion, as compared with $2.3 billion of new investment commitments and $0.9 billion of sales and repayments for the three months ended December 31, 2025 Net debt-to-equity ended at 0.85x, as compared with 0.75x as of December 31, 2025 Investments on non-accrual represented 0.3% and 0.1% of the portfolio at cost and fair value, respectively, as compared with 0.4% and 0.2% as of December 31, 2025 OTF repurchased approximately $50.2 million of OTF common stock, which was accretive to net asset value per share in the first quarter Approximately 80% of each pre-listing shareholder's position has been released from lock-up, with two remaining releases scheduled in equal tranches of approximately 10.6% each month until June 12, 2026 "First quarter volatility in technology markets drove meaningful spread widening and pressured valuations across OTF's portfolio, reflecting broader market dynamics rather than underlying credit trends," said Craig W. Packer, Chief Executive Officer. "We continue to see solid credit performance across our portfolio of durable, mission-critical businesses with many already taking steps to adapt to the evolving AI environment. With over $2 billion of available liquidity, we believe the current dislocation is creating a more attractive opportunity set, allowing us to remain selective as we deploy capital, ramp leverage and support ROE expansion over time." Stock Repurchases On February 17, 2026, the Board of Directors (the "Board") approved a $300 million stock repurchase program, under which purchases may be made at management's discretion fro...

Get insights on thousands of stocks from the global community of over 7 million individual investors at Simply Wall St. Blue Owl Capital (OWL) is back in focus after first quarter 2026 earnings topped expectations, assets under management expanded, and the firm realized a large gain by selling part of its SpaceX stake. See our latest analysis for Blue Owl Capital. That earnings beat, the SpaceX gain and fresh Sila Realty deal have helped the 1 month share price return reach 14.58% and the 7 day move 8.71%. However, the year to date share price return of 34.81% and 1 year total shareholder return of 42.58% show that recent momentum is still rebuilding after a tougher stretch. If Blue Owl’s recent rebound has you looking beyond a single name, this can be a time to scan for other alternative asset managers and capital providers through 18 top founder-led companies With Blue Owl shares still 28% below the average analyst price target despite a strong quarter and portfolio gains, you have to ask: is this reset creating an opening, or is the market already baking in the next leg of growth? With Blue Owl closing at $9.98 against a narrative fair value of $14.93, the most followed framework sees a sizable gap that hinges on how fee growth, fundraising and margins play out over time. Read the complete narrative. Curious what kind of revenue path, earnings mix and future profit multiple are baked into that $14.93 fair value and discount rate story? The core narrative leans on recurring fees, compound growth and a different margin profile than today. All of this is wired into one valuation blueprint that is very specific about how the business scales over time. Result: Fair Value of $14.93 (UNDERVALUED) Have a read of the narrative in full and understand what's behind the forecasts. However, this hinges on fundraising staying resilient and acquisition integration running smoothly, since weaker inflows or costly deals could quickly challenge that 33.2% undervalued story. Find out about the key risks to this Blue Owl Capital narrative. The fair value narrative suggests Blue Owl is 33.2% undervalued, but the current P/E of 77.6x tells a very different story. That is well above the US Capital Markets industry at 41.9x, the peer average at 29.2x, and the fair ratio of 20x. This points to meaningful rerating risk if sentiment cools. For investors weighing that gap between gr...